Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2020

The following table reflects adjustments to previously reported costs in our Unallocated segment, that are now allocated to our CAG, Water, LPD and Other segments for the three and six months ended June 30, 2019, respectively:


(in thousands)	Three Months Ended June 30, 2019
	CAG		Water		LPD		Other		Unallocated

Cost of sales	$	344	$	15	$	19	$	8	$	(386)
Gross profit	(344)		(15)		(19)		(8)		386

Operating Expenses:
Sales and marketing	$	(18)	$	(1)	$	(1)	$	—	$	20
General and administrative	(893)		(179)		(206)		949		329
Research and development	3,960		10		13		—		(3,983)
Total operating expenses	3,049		(170)		(194)		949		(3,634)
Income from operations	$	(3,393)	$	155	$	175	$	(957)	$	4,020


(in thousands)	Six Months Ended June 30, 2019
	CAG		Water		LPD		Other		Unallocated

Cost of sales	$	162	$	7	$	9	$	4	$	(182)
Gross profit	(162)		(7)		(9)		(4)		182

Operating Expenses:
Sales and marketing	$	111	$	5	$	6	$	—	$	(122)
General and administrative	(1,095)		(219)		(253)		1,164		403
Research and development	7,518		19		24		—		(7,561)
Total operating expenses	6,534		(195)		(223)		1,164		(7,280)
Income from operations	$	(6,696)	$	188	$	214	$	(1,168)	$	7,462

The following is a summary of segment performance:


	For the Three Months Ended June 30,
	CAG		Water		LPD		Other		Consolidated Total
2020
Revenue	$	566,100	$	28,116	$	32,244	$	11,132	$	637,592

Income (loss) from operations	$	167,969	$	12,258	$	8,249	$	4,772	$	193,248
Interest expense, net									(9,426)
Income before provision for income taxes									183,822
Provision for income taxes									34,826
Net income									148,996
Less: Net income attributable to noncontrolling interest									56
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	148,940

2019
Revenue	$	547,349	$	34,764	$	33,104	$	4,886	$	620,103

Income (loss) from operations	$	141,190	$	16,722	$	6,568	$	(205)	$	164,275
Interest expense, net									(8,153)
Income before provision for income taxes									156,122
Provision for income taxes									30,421
Net income									125,701
Less: Net loss attributable to noncontrolling interest									(5)
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	125,706


(in thousands)	For the Six Months Ended June 30,
	CAG		Water		LPD		Other		Consolidated Total
2020
Revenue	$	1,118,096	$	62,265	$	66,398	$	17,169	$	1,263,928

Income from operations	$	286,628	$	28,140	$	17,912	$	4,893	$	337,573
Interest expense, net									(16,978)
Income before provision for income taxes									320,595
Provision for income taxes									59,743
Net income									260,852
Less: Net income attributable to noncontrolling interest									85
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	260,767

2019
Revenue	$	1,056,267	$	65,074	$	64,610	$	10,208	$	1,196,159

Income from operations	$	252,909	$	30,537	$	12,857	$	1,110	$	297,413
Interest expense, net									(16,499)
Income before provision for income taxes									280,914
Provision for income taxes									52,504
Net income									228,410
Less: Net income attributable to noncontrolling interest									23
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	228,387