Segment and Geographic Information

12 Months Ended

Dec. 31, 2012

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

21. SEGMENT AND GEOGRAPHIC INFORMATION - RESTATED

Beginning in the first quarter of 2013, we began reporting our segments based on the group structure, consisting of an Industry Group and a Science Group. The Industry Group includes the Electronics and natural resources businesses. The Science Group includes the Company's Materials Science and Life Sciences businesses. Both of the new groups include the revenue and costs associated with service provided to the customers in their respective groups. Prior period information has been restated to conform to the current period presentation.

Segment Information

Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the chief operating decision maker, or decision making group, in deciding how to allocate resources and in assessing performance. Our chief operating decision maker is our Chief Executive Officer.

We report our segments based on a group structure organization. Our segments are Industry and Science.

The following tables summarize various financial amounts for each of our business segments (in thousands):

	Year Ended December 31,
	2012		2011		2010
Sales to External Customers:
Industry	$	433,424	$	376,533	$	314,574
Science	458,314		449,893		319,648
Total	$	891,738	$	826,426	$	634,222
Gross Profit:
Industry	$	220,267	$	185,156	$	147,442
Science	195,363		182,210		121,822
Total	$	415,630	$	367,366	$	269,264

	December 31, 2012		December 31, 2011
Goodwill:
Industry	$	53,572	$	28,961
Science	77,748		29,092
Total	$	131,320	$	58,053
Total Assets:
Industry	$	293,115	$	235,799
Science	401,795		292,108
Corporate and Eliminations	539,313		562,002
Total	$	1,234,223	$	1,089,909

Market segment disclosures are presented to the gross profit level as this is the primary performance measure for which the segment general managers are responsible. Selling, general and administrative, research and development and other operating expenses are managed and reported at the corporate level and, given allocation to the market segments would be arbitrary, have not been allocated to the market segments. See our Consolidated Statements of Operations for reconciliations from gross profit to income before income taxes. These reconciling items are not included in the measure of profit and loss for each reportable segment.

None of our customers represented 10% or more of our total sales during 2012, 2011 or 2010.

Geographical Information

A significant portion of our net sales has been derived from customers outside of the U.S., which we expect to continue. We evaluate geographical performance for three regions: U.S. and Canada, Europe and the Asia-Pacific Region and Rest of World. Our European region also includes Central America, South America, Africa (excluding South Africa), the Middle East and Russia.

The following table summarizes sales by geographic region (in thousands):

	Year Ended December 31,
	2012						2011						2010
	Product Sales		Service Sales		Total		Product Sales		Service Sales		Total		Product Sales		Service Sales		Total
U.S. and Canada	$	200,778	$	90,942	$	291,720	$	179,126	$	78,118	$	257,244	$	131,283	$	72,719	$	204,002
Europe	185,598		59,124		244,722		206,994		54,319		261,313		160,927		46,467		207,394
Asia-Pacific Region and Rest of World	305,120		50,176		355,296		268,479		39,390		307,869		187,570		35,256		222,826
Consolidated net sales	$	691,496	$	200,242	$	891,738	$	654,599	$	171,827	$	826,426	$	479,780	$	154,442	$	634,222

Our long-lived assets were geographically located as follows (in thousands):

	December 31, 2012		December 31, 2011
United States	$	74,319	$	49,284
The Netherlands	32,679		21,674
Other	58,277		23,825
Total	$	165,275	$	94,783