Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2022

Segment Reporting [Abstract]

Summary of segment performance

The following is a summary of segment performance:

(in thousands)	For the Three Months Ended September 30,
	CAG		Water		LPD		Other		Consolidated Total
2022
Revenue	$	764,990	$	40,840	$	28,452	$	7,379	$	841,661
Income from operations	$	221,454	$	19,924	$	4,480	$	(1,030)	$	244,828
Interest expense, net									(10,645)
Income before provision for income taxes									234,183
Provision for income taxes									53,245
Net income									180,938
Less: Net income attributable to noncontrolling interest									—
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	180,938
2021
Revenue	$	732,495	$	38,143	$	29,126	$	10,657	$	810,421
Income from operations	$	201,947	$	17,599	$	3,600	$	2,816	$	225,962
Interest expense, net									(7,012)
Income before provision for income taxes									218,950
Provision for income taxes									43,772
Net income									175,178
Less: Net income attributable to noncontrolling interest									(57)
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	175,235

(in thousands)	For the Nine Months Ended September 30,
	CAG		Water		LPD		Other		Consolidated Total
2022
Revenue	$	2,310,261	$	116,406	$	89,211	$	22,878	$	2,538,756
Income from operations	$	601,105	$	54,498	$	14,447	$	2,188	$	672,238
Interest expense, net									(25,481)
Income before provision for income taxes									646,757
Provision for income taxes									139,875
Net income									506,882
Less: Net income attributable to noncontrolling interest									—
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	506,882
2021
Revenue	$	2,170,857	$	109,374	$	101,920	$	32,119	$	2,414,270
Income from operations	$	649,892	$	49,599	$	24,276	$	9,070	$	732,837
Interest expense, net									(22,066)
Income before provision for income taxes									710,771
Provision for income taxes									128,698
Net income									582,073
Less: Net income attributable to noncontrolling interest									(1)
Net income attributable to IDEXX Laboratories, Inc. stockholders									$	582,074