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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Revenue:        
Product revenue $ 291,031 $ 266,321 $ 867,087 $ 800,273
Service revenue 200,945 181,987 595,850 532,154
Total revenue 491,976 448,308 1,462,937 1,332,427
Cost of Revenue:        
Cost of product revenue 109,848 103,909 323,205 310,450
Cost of service revenue 108,126 97,669 314,824 287,167
Total cost of revenue 217,974 201,578 638,029 597,617
Gross profit 274,002 246,730 824,908 734,810
Expenses:        
Sales and marketing 88,818 79,972 263,755 236,453
General and administrative 57,186 52,627 165,560 156,239
Research and development 27,585 25,672 80,373 75,704
Income from operations 100,413 88,459 315,220 266,414
Interest expense (9,764) (7,786) (27,508) (24,294)
Interest income 1,400 851 3,659 2,599
Income before provision for income taxes 92,049 81,524 291,371 244,719
Provision for income taxes 21,535 25,072 66,392 75,036
Net income 70,514 56,452 224,979 169,683
Less: Net income attributable to noncontrolling interest 3 (3) 92 7
Net income attributable to IDEXX Laboratories, Inc. stockholders $ 70,511 $ 56,455 $ 224,887 $ 169,676
Earnings per Share:        
Basic $ 0.81 $ 0.63 $ 2.56 $ 1.89
Diluted $ 0.79 $ 0.62 $ 2.51 $ 1.87
Weighted Average Shares Outstanding:        
Basic 87,537 89,894 87,884 89,881
Diluted 89,256 91,138 89,735 90,960