Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2020

The following tables reflect adjustments to previously reported costs in our Unallocated segment, that are now allocated to our CAG, Water, LPD and Other segments:

For the year ended December 31, 2019:


(in thousands)
	CAG		Water		LPD		Other		Unallocated

Cost of sales	$	(247)	$	(11)	$	(14)	$	(6)	$	278
Gross profit	247		11		14		6		(278)

Operating Expenses:
Sales and marketing	$	(239)	$	(11)	$	(13)	$	—	$	263
General and administrative	13,004		501		625		1,363		(15,493)
Research and development	16,479		33		41		—		(16,553)
Total operating expenses	29,244		523		653		1,363		(31,783)
Income from operations	$	(28,997)	$	(512)	$	(639)	$	(1,357)	$	31,505

For the year ended December 31, 2018:


(in thousands)
	CAG		Water		LPD		Other		Unallocated

Cost of sales	$	(1,540)	$	(69)	$	(87)	$	(35)	$	1,731
Gross profit	1,540		69		87		35		(1,731)

Operating Expenses:
Sales and marketing	$	(574)	$	(25)	$	(32)	$	—	$	631
General and administrative	3,316		66		81		1,145		(4,608)
Research and development	15,658		(4)		(4)		—		(15,650)
Total operating expenses	18,400		37		45		1,145		(19,627)
Income from operations	$	(16,860)	$	32	$	42	$	(1,110)	$	17,896

The following tables reflect the impact to previously reported segment gross profit margin, operating income margin and operating expenses as a percentage of revenue, due to the allocation of these costs to our CAG, Water, LPD and Other segments:

For the year ended December 31, 2019:


	CAG		Water		LPD		Other

Cost of sales	—	%	—	%	—	%	—	%
Gross profit	—	%	—	%	—	%	—	%

Operating Expenses:
Sales and marketing	—	%	—	%	—	%	—	%
General and administrative	0.6	%	0.4	%	0.5	%	6.1	%
Research and development	0.8	%	—	%	—	%	—	%
Total operating expenses	1.4	%	0.4	%	0.5	%	6.1	%
Income from operations	(1.4)	%	(0.4)	%	(0.5)	%	(6.1)	%

For the year ended December 31, 2018:


	CAG		Water		LPD		Other

Cost of sales	(0.1)	%	(0.1)	%	(0.1)	%	(0.2)	%
Gross profit	0.1	%	0.1	%	0.1	%	0.2	%

Operating Expenses:
Sales and marketing	—	%	—	%	—	%	—	%
General and administrative	0.2	%	0.1	%	0.1	%	5.2	%
Research and development	0.8	%	—	%	—	%	—	%
Total operating expenses	1.0	%	—	%	—	%	5.2	%
Income from operations	(0.9)	%	—	%	—	%	(5.0)	%

The following is a summary of segment performance:


(in thousands)	For the Years Ended December 31,
	CAG		Water		LPD		Other		Consolidated Total
2020
Revenue	$	2,385,765	$	128,625	$	145,845	$	46,420	$	2,706,655

Income from operations	$	574,887	$	58,867	$	40,008	$	20,762	$	694,524
Interest expense, net									(32,539)
Income before provision for income taxes									661,985
Provision for income taxes									79,854
Net income									582,131
Less: Net income attributable to noncontrolling interest									355
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	581,776

Depreciation and amortization	$	84,697	$	2,630	$	4,070	$	4,601	$	95,998

2019
Revenue	$	2,119,183	$	132,850	$	132,635	$	22,240	$	2,406,908

Income from operations	$	462,605	$	61,923	$	24,735	$	3,583	$	552,846
Interest expense, net									(30,628)
Income before provision for income taxes									522,218
Provision for income taxes									94,426
Net income									427,792
Less: Net income attributable to noncontrolling interest									72
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	427,720

Depreciation and amortization	$	77,620	$	2,794	$	4,007	$	3,590	$	88,011

2018
Revenue	$	1,935,428	$	125,198	$	130,581	$	22,035	$	2,213,242

Income from operations	$	412,623	$	56,639	$	19,454	$	2,619	$	491,335
Interest expense, net									(33,593)
Income before provision for income taxes									457,742
Provision for income taxes									80,695
Net income									377,047
Less: Net income attributable to noncontrolling interest									16
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	377,031

Depreciation and amortization	$	72,789	$	2,592	$	4,094	$	3,703	$	83,178

Schedule of Net Long-Lived Assets by Principal Geographic Areas

Net long-lived assets, consisting of net property and equipment, are subject to geographic risks because they are generally difficult to move and to effectively utilize in another geographic area in a reasonable time period and because they are relatively illiquid. Net long-lived assets by principal geographic areas were as follows:


(in thousands)
	December 31, 2020		December 31, 2019
Americas
United States	$	412,700	$	401,248
Brazil	20,797		22,274
Canada	4,993		7,784
	438,490		431,306
Europe, the Middle East and Africa
Germany	67,354		52,032
United Kingdom	10,191		12,114
Netherlands	15,267		13,586
France	2,062		2,061
Switzerland	3,743		3,508
Other	3,668		3,395
	102,285		86,696
Asia Pacific Region
Japan	4,503		5,409
Australia	3,304		4,088
Other	6,585		6,346
	14,392		15,843
Total	$	555,167	$	533,845