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Condensed Consolidated Statements Of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Revenue:        
Total revenue $ 545,448 $ 491,976 $ 1,663,856 $ 1,462,937
Cost of Revenue:        
Cost of service revenue 239,805 217,974 722,675 638,029
Gross profit 305,643 274,002 941,181 824,908
Expenses:        
Sales and marketing 95,146 88,818 291,502 263,755
General and administrative 63,955 57,186 185,966 165,560
Research and development 29,192 27,585 87,725 80,373
Income from operations 117,350 100,413 375,988 315,220
Interest expense (8,453) (9,764) (26,184) (27,508)
Interest income 142 1,400 893 3,659
Income before provision for income taxes 109,039 92,049 350,697 291,371
Provision for income taxes 15,825 21,535 59,327 66,392
Net income 93,214 70,514 291,370 224,979
Less: Net (loss) income attributable to noncontrolling interest (37) 3 (23) 92
Net income attributable to IDEXX Laboratories, Inc. stockholders $ 93,251 $ 70,511 $ 291,393 $ 224,887
Earnings per Share:        
Basic (in dollars per share) $ 1.07 $ 0.81 $ 3.35 $ 2.56
Diluted (in dollars per share) $ 1.05 $ 0.79 $ 3.29 $ 2.51
Weighted Average Shares Outstanding:        
Basic (in shares) 86,756 87,537 87,029 87,884
Diluted (in shares) 88,453 89,256 88,687 89,735
Product revenue        
Revenue:        
Total revenue $ 324,303 $ 291,031 $ 990,364 $ 867,087
Cost of Revenue:        
Cost of service revenue 120,294 109,848 365,810 323,205
Service revenue        
Revenue:        
Total revenue 221,145 200,945 673,492 595,850
Cost of Revenue:        
Cost of service revenue $ 119,511 $ 108,126 $ 356,865 $ 314,824