10-Q Filing

IDEXX LABORATORIES INC /DE CIK: 874716 Q1 2023

Filing Information

Form Type	10-Q
Accession Number	`0000874716-23-000034`
Period End Date	20230331
Filing Date	20230502
Fiscal Year	2023
Fiscal Period	Q1
XBRL Instance	idxx-20230331_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 32 Cash Flow Statement 60 Stockholders Equity 26 Comprehensive Income 38

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	120.00M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$111.37M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.55M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	107.19M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	107.32M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.89M	shares	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$446.02M	USD	Point-in-time
Accounts receivable, net	`AccountsReceivableNetCurrent`	$400.62M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	83.00M	shares	Point-in-time
Deferred stock units, outstanding (in shares)	`CommonStockOtherSharesOutstanding`	58,000.00	shares	Point-in-time
Deferred stock units, outstanding (in shares)	`CommonStockOtherSharesOutstanding`	58,000.00	shares	Point-in-time
Inventories	`InventoryNet`	$367.82M	USD	Point-in-time
Inventories	`InventoryNet`	$391.01M	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.30M	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.32M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$220.49M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$201.04M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.10B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.15B	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$665.44M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$649.47M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$115.06M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$118.62M	USD	Point-in-time
Goodwill	`Goodwill`	$362.94M	USD	Point-in-time
Goodwill	`Goodwill`	$361.80M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$97.67M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$94.36M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$421.15M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$417.73M	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$1.65B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$1.66B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.75B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.81B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$110.22M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$117.71M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$433.66M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$403.60M	USD	Point-in-time
Credit facility	`LinesOfCreditCurrent`	$579.00M	USD	Point-in-time
Credit facility	`LinesOfCreditCurrent`	$431.50M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$74.98M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$74.99M	USD	Point-in-time
Current portion of deferred revenue	`ContractWithCustomerLiabilityCurrent`	$37.84M	USD	Point-in-time
Current portion of deferred revenue	`ContractWithCustomerLiabilityCurrent`	$37.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.07B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.24B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$5.83M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.15M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$696.36M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$694.39M	USD	Point-in-time
Long-term deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$30.44M	USD	Point-in-time
Long-term deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$30.86M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$101.24M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$98.18M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$70.86M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.59M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$902.23M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$901.67M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.14B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.97B	USD	Point-in-time
Commitments and Contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies (Note 16)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.10 par value: Authorized: 120,000 shares; Issued: 107,321 shares in 2023 and 107,193 shares in 2022; Outstanding: 83,004 shares in 2023 and 82,894 shares in 2022	`CommonStockValue`	$10.73M	USD	Point-in-time
Common stock, $0.10 par value: Authorized: 120,000 shares; Issued: 107,321 shares in 2023 and 107,193 shares in 2022; Outstanding: 83,004 shares in 2023 and 82,894 shares in 2022	`CommonStockValue`	$10.72M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.46B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.49B	USD	Point-in-time
Deferred stock units: Outstanding: 58 units in 2023 and 58 units in 2022	`CommonStockOtherValueOutstanding`	$5.16M	USD	Point-in-time
Deferred stock units: Outstanding: 58 units in 2023 and 58 units in 2022	`CommonStockOtherValueOutstanding`	$5.18M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.81B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.60B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-77.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-76.61M	USD	Point-in-time
Treasury stock, at cost: 24,318 shares in 2023 and 24,299 shares in 2022	`TreasuryStockCommonValue`	$4.39B	USD	Point-in-time
Treasury stock, at cost: 24,318 shares in 2023 and 24,299 shares in 2022	`TreasuryStockCommonValue`	$4.40B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$608.74M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$639.80M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$841.10M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$689.99M	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$2.81B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$2.75B	USD	Point-in-time

Income Statement 32 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$836.55M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$900.20M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$357.22M	USD	1 Quarter
Cost of revenue	`CostOfRevenue`	$337.80M	USD	1 Quarter
Gross profit	`GrossProfit`	$542.97M	USD	1 Quarter
Gross profit	`GrossProfit`	$498.75M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$132.29M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$147.80M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$77.95M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$70.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$40.17M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$44.67M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$280.40M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$248.34M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$13.13M	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$143.00K	USD	1 Quarter
Interest income	`InterestAndOtherIncome`	$416.00K	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$267.69M	USD	1 Quarter
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$241.49M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$47.53M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$53.63M	USD	1 Quarter
Net income attributable to IDEXX Laboratories, Inc. stockholders	`NetIncomeLoss`	$214.05M	USD	1 Quarter
Net income attributable to IDEXX Laboratories, Inc. stockholders	`NetIncomeLoss`	$193.97M	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$2.30	USD	1 Quarter
Basic (in USD per share)	`EarningsPerShareBasic`	$2.58	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$2.55	USD	1 Quarter
Diluted (in USD per share)	`EarningsPerShareDiluted`	$2.27	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	84.41M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	82.99M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	85.56M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.96M	shares	1 Quarter

Cash Flow Statement 60 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$214.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$193.97M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$26.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$28.33M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$2.33M	USD	1 Quarter
Provision for credit losses	`ProvisionForLoanLeaseAndOtherLosses`	$2.09M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-5.03M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-3.76M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$11.17M	USD	1 Quarter
Share-based compensation expense	`ShareBasedCompensation`	$13.93M	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$-362.00K	USD	1 Quarter
Other	`OtherOperatingActivitiesCashFlowStatement`	$235.00K	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$37.53M	USD	1 Quarter
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$44.13M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$23.89M	USD	1 Quarter
Inventories	`IncreaseDecreaseInInventories`	$18.85M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$5.31M	USD	1 Quarter
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$52.90M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-4.02M	USD	1 Quarter
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$3.33M	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-609.00K	USD	1 Quarter
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-937.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$183.91M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$114.71M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$39.51M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$31.84M	USD	1 Quarter
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	1 Quarter
Acquisition of intangible assets	`PaymentsToAcquireIntangibleAssets`	$10.00M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.84M	USD	1 Quarter
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-39.51M	USD	1 Quarter
(Repayments) borrowings under credit facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$326.50M	USD	1 Quarter
(Repayments) borrowings under credit facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-147.50M	USD	1 Quarter
Payment of senior debt	`RepaymentsOfSeniorDebt`	-	USD	1 Quarter
Payment of senior debt	`RepaymentsOfSeniorDebt`	$75.00M	USD	1 Quarter
Payments of acquisition-related holdbacks	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.78M	USD	1 Quarter
Payments of acquisition-related holdbacks	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	1 Quarter
Repurchases of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$266.30M	USD	1 Quarter
Repurchases of common stock, net	`PaymentsForRepurchaseOfCommonStock`	-	USD	1 Quarter
Proceeds from exercises of stock options and employee stock purchase plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$11.65M	USD	1 Quarter
Proceeds from exercises of stock options and employee stock purchase plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$12.80M	USD	1 Quarter
Shares withheld for statutory tax withholding payments on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.60M	USD	1 Quarter
Shares withheld for statutory tax withholding payments on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.34M	USD	1 Quarter
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-146.08M	USD	1 Quarter
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.48M	USD	1 Quarter
Net effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$776.00K	USD	1 Quarter
Net effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$501.00K	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.18M	USD	1 Quarter
Net decrease in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$60.16M	USD	1 Quarter
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.45M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.62M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.37M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.45M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.62M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.55M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$111.37M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaid`	$7.20M	USD	1 Quarter
Cash paid for income taxes	`IncomeTaxesPaid`	$11.40M	USD	1 Quarter
Unpaid property and equipment, reflected in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$12.45M	USD	1 Quarter
Unpaid property and equipment, reflected in accounts payable and accrued liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$11.02M	USD	1 Quarter

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.10	USD	Point-in-time
Balance beginning of period (in shares)	`CommonStockSharesIssued`	107.19M	shares	Point-in-time
Balance beginning of period (in shares)	`CommonStockSharesIssued`	107.32M	shares	Point-in-time
Balance beginning of period	`StockholdersEquity`	$608.74M	USD	Point-in-time
Balance beginning of period	`StockholdersEquity`	$639.80M	USD	Point-in-time
Balance beginning of period	`StockholdersEquity`	$841.10M	USD	Point-in-time
Balance beginning of period	`StockholdersEquity`	$689.99M	USD	Point-in-time
Net income	`NetIncomeLoss`	$214.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$193.97M	USD	1 Quarter
Other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTax`	$1.18M	USD	1 Quarter
Other comprehensive income, net	`OtherComprehensiveIncomeLossNetOfTax`	$6.14M	USD	1 Quarter
Repurchases of common stock, net	`TreasuryStockValueAcquiredParValueMethod`	$9.55M	USD	1 Quarter
Repurchases of common stock, net	`TreasuryStockValueAcquiredParValueMethod`	$273.06M	USD	1 Quarter
Common stock issued under stock plans, including excess tax benefit	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$11.59M	USD	1 Quarter
Common stock issued under stock plans, including excess tax benefit	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$12.75M	USD	1 Quarter
Share-based compensation cost	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$11.17M	USD	1 Quarter
Share-based compensation cost	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$13.93M	USD	1 Quarter
Balance end of period (in shares)	`CommonStockSharesIssued`	107.19M	shares	Point-in-time
Balance end of period (in shares)	`CommonStockSharesIssued`	107.32M	shares	Point-in-time
Balance end of period	`StockholdersEquity`	$608.74M	USD	Point-in-time
Balance end of period	`StockholdersEquity`	$639.80M	USD	Point-in-time
Balance end of period	`StockholdersEquity`	$841.10M	USD	Point-in-time
Balance end of period	`StockholdersEquity`	$689.99M	USD	Point-in-time

Comprehensive Income 38 line items

Line Item	Tag	Value	Unit	Period
Reclassification adjustment for benefit plans included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$20.00K	USD	1 Quarter
Net income	`NetIncomeLoss`	$214.05M	USD	1 Quarter
Net income	`NetIncomeLoss`	$193.97M	USD	1 Quarter
Reclassification adjustment for benefit plans included in net income, net of tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	1 Quarter
Unrealized gain (loss) on Euro-denominated notes, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationTax`	$439.00K	USD	1 Quarter
Unrealized gain (loss) on Euro-denominated notes, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationTax`	$-465.00K	USD	1 Quarter
Unrealized gain (loss) on investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$2.00K	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$3.28M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$4.26M	USD	1 Quarter
Unrealized gain (loss) on investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-5.00K	USD	1 Quarter
Unrealized gain (loss) on foreign currency exchange contracts, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationTax`	$-26.00K	USD	1 Quarter
Reclassification adjustment for benefit plans included in net income, net of tax of $20 in 2023 and $ in 2022	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$119.00K	USD	1 Quarter
Reclassification adjustment for benefit plans included in net income, net of tax of $20 in 2023 and $ in 2022	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	-	USD	1 Quarter
Unrealized gain (loss) on foreign currency exchange contracts, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationTax`	$1.44M	USD	1 Quarter
Unrealized gain (loss) on Euro-denominated notes, net of tax expense (benefit) of $(465) in 2023 and $439 in 2022	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax`	$1.41M	USD	1 Quarter
Unrealized gain (loss) on Euro-denominated notes, net of tax expense (benefit) of $(465) in 2023 and $439 in 2022	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax`	$-1.49M	USD	1 Quarter
Unrealized gain (loss) on cross currency swaps, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationTax`	$-387.00K	USD	1 Quarter
Unrealized gain (loss) on cross currency swaps, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationTax`	$311.00K	USD	1 Quarter
Unrealized gain (loss) on investments, net of tax expense (benefit) of $2 in 2023 and $(5) in 2022	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$6.00K	USD	1 Quarter
Unrealized (loss) on interest rate swap, tax (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationTax`	-	USD	1 Quarter
Unrealized gain (loss) on investments, net of tax expense (benefit) of $2 in 2023 and $(5) in 2022	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-17.00K	USD	1 Quarter
Unrealized (loss) on interest rate swap, tax (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationTax`	$-14.00K	USD	1 Quarter
Reclassification adjustment for (gain) included in net income, tax benefit (expense)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$610.00K	USD	1 Quarter
Reclassification adjustment for (gain) included in net income, tax benefit (expense)	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$117.00K	USD	1 Quarter
Unrealized gain (loss) on foreign currency exchange contracts, net of tax expense (benefit) of $(26) in 2023 and $1,436 in 2022	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationAfterTax`	$2.10M	USD	1 Quarter
Unrealized gain (loss) on foreign currency exchange contracts, net of tax expense (benefit) of $(26) in 2023 and $1,436 in 2022	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationAfterTax`	$-209.00K	USD	1 Quarter
Unrealized gain (loss) on cross currency swaps, net of tax expense (benefit) of $(387) in 2023 and $311 in 2022	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax`	$996.00K	USD	1 Quarter
Unrealized gain (loss) on cross currency swaps, net of tax expense (benefit) of $(387) in 2023 and $311 in 2022	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax`	$-1.24M	USD	1 Quarter
Unrealized (loss) on interest rate swap, net of tax (benefit) of $(14) in 2023 and $ in 2022	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationAfterTax`	$-45.00K	USD	1 Quarter
Unrealized (loss) on interest rate swap, net of tax (benefit) of $(14) in 2023 and $ in 2022	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationAfterTax`	-	USD	1 Quarter
Reclassification adjustments for (gain) included in net income, net of tax benefit (expense) of $(117) in 2023 and $(610) in 2022	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$1.63M	USD	1 Quarter
Reclassification adjustments for (gain) included in net income, net of tax benefit (expense) of $(117) in 2023 and $(610) in 2022	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$218.00K	USD	1 Quarter
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeAndNetInvestmentHedgeGainLossAfterReclassificationAndTax`	$1.47M	USD	1 Quarter
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeAndNetInvestmentHedgeGainLossAfterReclassificationAndTax`	$-1.71M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$1.18M	USD	1 Quarter
Other comprehensive income, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.14M	USD	1 Quarter
Comprehensive income attributable to IDEXX Laboratories, Inc.	`ComprehensiveIncomeNetOfTax`	$215.24M	USD	1 Quarter
Comprehensive income attributable to IDEXX Laboratories, Inc.	`ComprehensiveIncomeNetOfTax`	$200.10M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.