Segment Reporting (Tables)

9 Months Ended

Sep. 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 nine months ended September 30, 2019, respectively:


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

Cost of sales	$	(428)	$	(19)	$	(24)	$	(10)	$	481
Gross profit	428		19		24		10		(481)

Operating Expenses:
Sales and marketing	$	211	$	9	$	12	$	—	$	(232)
General and administrative	2,472		105		131		1,058		(3,766)
Research and development	4,544		20		25		—		(4,589)
Total operating expenses	$	7,227	$	134	$	168	$	1,058	$	(8,587)
Income from operations	$	(6,799)	$	(115)	$	(144)	$	(1,048)	$	8,106


(in thousands)	Nine Months Ended September 30, 2019
	CAG		Water		LPD		Other		Unallocated

Cost of sales	$	(266)	$	(12)	$	(15)	$	(6)	$	299
Gross profit	266		12		15		6		(299)

Operating Expenses:
Sales and marketing	$	322	$	14	$	18	$	—	$	(354)
General and administrative	1,377		(114)		(122)		2,222		(3,363)
Research and development	12,062		39		49		—		(12,150)
Total operating expenses	$	13,761	$	(61)	$	(55)	$	2,222	$	(15,867)
Income from operations	$	(13,495)	$	73	$	70	$	(2,216)	$	15,568

The following is a summary of segment performance:


	For the Three Months Ended September 30,
	CAG		Water		LPD		Other		Consolidated Total
2020
Revenue	$	638,017	$	33,272	$	36,971	$	13,529	$	721,789

Income from operations	$	139,434	$	15,243	$	10,505	$	6,674	$	171,856
Interest expense, net									(7,902)
Income before provision for income taxes									163,954
Provision for income taxes									17,633
Net income									146,321
Less: Net income attributable to noncontrolling interest									102
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	146,219

2019
Revenue	$	533,130	$	34,906	$	31,370	$	5,897	$	605,303

Income from operations	$	117,691	$	16,930	$	4,850	$	331	$	139,802
Interest expense, net									(7,004)
Income before provision for income taxes									132,798
Provision for income taxes									23,960
Net income									108,838
Less: Net income attributable to noncontrolling interest									1
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	108,837


(in thousands)	For the Nine Months Ended September 30,
	CAG		Water		LPD		Other		Consolidated Total
2020
Revenue	$	1,756,113	$	95,537	$	103,369	$	30,698	$	1,985,717

Income from operations	$	426,062	$	43,383	$	28,417	$	11,567	$	509,429
Interest expense, net									(24,880)
Income before provision for income taxes									484,549
Provision for income taxes									77,376
Net income									407,173
Less: Net income attributable to noncontrolling interest									187
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	406,986

2019
Revenue	$	1,589,397	$	99,980	$	95,980	$	16,105	$	1,801,462

Income from operations	$	370,600	$	47,467	$	17,707	$	1,441	$	437,215
Interest expense, net									(23,503)
Income before provision for income taxes									413,712
Provision for income taxes									76,464
Net income									337,248
Less: Net income attributable to noncontrolling interest									24
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	337,224