10-K Filing

IDEXX LABORATORIES INC /DE CIK: 874716 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0000874716-24-000057`
Period End Date	20231231
Filing Date	20240222
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	idxx-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 86 Income Statement 54 Cash Flow Statement 98 Stockholders Equity 37 Comprehensive Income 69

Balance Sheet 86 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$8.27M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$9.50M	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, 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`	$453.93M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$112.55M	USD	Point-in-time
Accounts receivable, net of allowance of $9,501 in 2023 and $8,265 in 2022	`AccountsReceivableNetCurrent`	$400.62M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	107.51M	shares	Point-in-time
Accounts receivable, net of allowance of $9,501 in 2023 and $8,265 in 2022	`AccountsReceivableNetCurrent`	$457.44M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	107.19M	shares	Point-in-time
Inventories	`InventoryNet`	$380.28M	USD	Point-in-time
Inventories	`InventoryNet`	$367.82M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	82.89M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	83.03M	shares	Point-in-time
Deferred stock units, outstanding (in shares)	`CommonStockOtherSharesOutstanding`	58,000.00	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$203.59M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$220.49M	USD	Point-in-time
Deferred stock units, outstanding (in shares)	`CommonStockOtherSharesOutstanding`	59,000.00	shares	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.30M	shares	Point-in-time
Total current assets	`AssetsCurrent`	$1.50B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.10B	USD	Point-in-time
Treasury stock, shares (in shares)	`TreasuryStockCommonShares`	24.47M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$649.47M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$702.18M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$118.62M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$115.50M	USD	Point-in-time
Goodwill	`Goodwill`	$361.80M	USD	Point-in-time
Goodwill	`Goodwill`	$243.35M	USD	Point-in-time
Goodwill	`Goodwill`	$359.35M	USD	Point-in-time
Goodwill	`Goodwill`	$365.96M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$84.50M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$97.67M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$496.53M	USD	Point-in-time
Other long-term assets	`OtherAssetsNoncurrent`	$417.73M	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$1.76B	USD	Point-in-time
Total long-term assets	`AssetsNoncurrent`	$1.65B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$2.75B	USD	Point-in-time
TOTAL ASSETS	`Assets`	$3.26B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$110.64M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$110.22M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$478.71M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$433.66M	USD	Point-in-time
Credit facility	`LinesOfCreditCurrent`	$579.00M	USD	Point-in-time
Credit facility	`LinesOfCreditCurrent`	$250.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$74.98M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$75.00M	USD	Point-in-time
Current portion of deferred revenue	`ContractWithCustomerLiabilityCurrent`	$37.20M	USD	Point-in-time
Current portion of deferred revenue	`ContractWithCustomerLiabilityCurrent`	$37.94M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$951.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.24B	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$7.24M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$8.15M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$694.39M	USD	Point-in-time
Long-term debt, net of current portion	`LongTermDebtNoncurrent`	$622.88M	USD	Point-in-time
Long-term deferred revenue, net of current portion	`ContractWithCustomerLiabilityNoncurrent`	$28.53M	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`	$99.67M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$67.59M	USD	Point-in-time
Other long-term liabilities	`OtherLiabilitiesNoncurrent`	$65.53M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$823.85M	USD	Point-in-time
Total long-term liabilities	`LiabilitiesNoncurrent`	$902.23M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.14B	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: 107,506 shares in 2023 and 107,193 shares in 2022; Outstanding: 83,032 shares in 2023 and 82,894 shares in 2022	`CommonStockValue`	$10.72M	USD	Point-in-time
Common stock, $0.10 par value: Authorized: 120,000 shares; Issued: 107,506 shares in 2023 and 107,193 shares in 2022; Outstanding: 83,032 shares in 2023 and 82,894 shares in 2022	`CommonStockValue`	$10.75M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.46B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.57B	USD	Point-in-time
Deferred stock units: Outstanding: 59 units in 2023 and 58 units in 2022	`CommonStockOtherValueOutstanding`	$5.18M	USD	Point-in-time
Deferred stock units: Outstanding: 59 units in 2023 and 58 units in 2022	`CommonStockOtherValueOutstanding`	$5.53M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$3.60B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$4.44B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-77.80M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-71.21M	USD	Point-in-time
Treasury stock, at cost: 24,474 shares in 2023 and 24,299 shares in 2022	`TreasuryStockCommonValue`	$4.39B	USD	Point-in-time
Treasury stock, at cost: 24,474 shares in 2023 and 24,299 shares in 2022	`TreasuryStockCommonValue`	$4.47B	USD	Point-in-time
Total IDEXX Laboratories, Inc. stockholders equity	`StockholdersEquity`	$608.74M	USD	Point-in-time
Total IDEXX Laboratories, Inc. stockholders equity	`StockholdersEquity`	$1.48B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$3.26B	USD	Point-in-time
TOTAL LIABILITIES AND STOCKHOLDERS EQUITY	`LiabilitiesAndStockholdersEquity`	$2.75B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.22B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.66B	USD	Annual
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.37B	USD	Annual
Total cost of revenue	`CostOfRevenue`	$1.33B	USD	Annual
Total cost of revenue	`CostOfRevenue`	$1.36B	USD	Annual
Total cost of revenue	`CostOfRevenue`	$1.47B	USD	Annual
Gross profit	`GrossProfit`	$2.19B	USD	Annual
Gross profit	`GrossProfit`	$2.00B	USD	Annual
Gross profit	`GrossProfit`	$1.89B	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$566.07M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$486.74M	USD	Annual
Sales and marketing	`SellingAndMarketingExpense`	$524.50M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$326.25M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$309.66M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$335.82M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$161.01M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$190.95M	USD	Annual
Research and development	`ResearchAndDevelopmentExpense`	$254.82M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$898.76M	USD	Annual
Income from operations	`OperatingIncomeLoss`	$1.10B	USD	Annual
Income from operations	`OperatingIncomeLoss`	$932.03M	USD	Annual
Interest expense	`InterestExpense`	$41.58M	USD	Annual
Interest expense	`InterestExpense`	$39.86M	USD	Annual
Interest expense	`InterestExpense`	$29.81M	USD	Annual
Interest income	`InterestAndOtherIncome`	$434.00K	USD	Annual
Interest income	`InterestAndOtherIncome`	$1.06M	USD	Annual
Interest income	`InterestAndOtherIncome`	$5.63M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$902.65M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$859.97M	USD	Annual
Income before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.06B	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$216.13M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$157.81M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$180.88M	USD	Annual
Net income	`ProfitLoss`	$679.09M	USD	Annual
Net income	`ProfitLoss`	$845.04M	USD	Annual
Net income	`ProfitLoss`	$744.84M	USD	Annual
Less: Net (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Less: Net (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Less: Net (loss) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.00K	USD	Annual
Net income attributable to IDEXX Laboratories, Inc. stockholders	`NetIncomeLoss`	$845.04M	USD	Annual
Net income attributable to IDEXX Laboratories, Inc. stockholders	`NetIncomeLoss`	$744.85M	USD	Annual
Net income attributable to IDEXX Laboratories, Inc. stockholders	`NetIncomeLoss`	$679.09M	USD	Annual
Basic (in USD per share)	`EarningsPerShareBasic`	$8.74	USD	Annual
Basic (in USD per share)	`EarningsPerShareBasic`	$8.12	USD	Annual
Basic (in USD per share)	`EarningsPerShareBasic`	$10.17	USD	Annual
Diluted (in USD per share)	`EarningsPerShareDiluted`	$10.06	USD	Annual
Diluted (in USD per share)	`EarningsPerShareDiluted`	$8.60	USD	Annual
Diluted (in USD per share)	`EarningsPerShareDiluted`	$8.03	USD	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.07M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	85.20M	shares	Annual
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	83.62M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	83.98M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	84.60M	shares	Annual
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	86.57M	shares	Annual

Cash Flow Statement 98 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$679.09M	USD	Annual
Net income	`ProfitLoss`	$845.04M	USD	Annual
Net income	`ProfitLoss`	$744.84M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$114.91M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$111.90M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$104.60M	USD	Annual
Impairment charge	`AssetImpairmentCharges`	$1.48M	USD	Annual
Impairment charge	`AssetImpairmentCharges`	$2.35M	USD	Annual
Impairment charge	`AssetImpairmentCharges`	$5.15M	USD	Annual
Provision for uncollectible accounts	`ProvisionForLoanLeaseAndOtherLosses`	$1.48M	USD	Annual
Provision for uncollectible accounts	`ProvisionForLoanLeaseAndOtherLosses`	$5.83M	USD	Annual
Provision for uncollectible accounts	`ProvisionForLoanLeaseAndOtherLosses`	$5.55M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-35.06M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-3.38M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$-48.31M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$49.77M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$37.76M	USD	Annual
Share-based compensation expense	`ShareBasedCompensation`	$59.74M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$520.00K	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$2.62M	USD	Annual
Other	`OtherOperatingActivitiesCashFlowStatement`	$2.65M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$53.87M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$41.40M	USD	Annual
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$33.14M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$52.92M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$28.65M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$121.73M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$3.47M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$11.23M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayableTrade`	$-557.00K	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-11.02M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-7.55M	USD	Annual
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-3.03M	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$102.85M	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-13.68M	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherOperatingCapitalNet`	$55.15M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$542.98M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$755.55M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$906.51M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$148.84M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$133.63M	USD	Annual
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$119.55M	USD	Annual
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	$10.00M	USD	Annual
Acquisitions of intangible assets	`PaymentsToAcquireIntangibleAssets`	-	USD	Annual
Equity investments	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	Annual
Equity investments	`PaymentsToAcquireEquitySecuritiesFvNi`	-	USD	Annual
Equity investments	`PaymentsToAcquireEquitySecuritiesFvNi`	$25.00M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$11.51M	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Acquisitions of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$173.42M	USD	Annual
Proceeds from net investment hedges	`ProceedsFromHedgeInvestingActivities`	-	USD	Annual
Proceeds from net investment hedges	`ProceedsFromHedgeInvestingActivities`	-	USD	Annual
Proceeds from net investment hedges	`ProceedsFromHedgeInvestingActivities`	$8.38M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-195.35M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-125.25M	USD	Annual
Net cash used by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-292.97M	USD	Annual
(Repayments) borrowings on credit facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$73.50M	USD	Annual
(Repayments) borrowings on credit facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$-329.00M	USD	Annual
(Repayments) borrowings on credit facility, net	`ProceedsFromRepaymentsOfLinesOfCredit`	$505.50M	USD	Annual
Payments of senior notes	`RepaymentsOfSeniorDebt`	$75.00M	USD	Annual
Payments of senior notes	`RepaymentsOfSeniorDebt`	$50.00M	USD	Annual
Payments of senior notes	`RepaymentsOfSeniorDebt`	$75.00M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$2.65M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$435.00K	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Purchase of minority interest	`PaymentsToMinorityShareholders`	$990.00K	USD	Annual
Purchase of minority interest	`PaymentsToMinorityShareholders`	-	USD	Annual
Purchase of minority interest	`PaymentsToMinorityShareholders`	-	USD	Annual
Repurchases of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$819.71M	USD	Annual
Repurchases of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$71.92M	USD	Annual
Repurchases of common stock, net	`PaymentsForRepurchaseOfCommonStock`	$746.78M	USD	Annual
Proceeds from exercises of stock options and employee stock purchase plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$47.03M	USD	Annual
Proceeds from exercises of stock options and employee stock purchase plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$35.75M	USD	Annual
Proceeds from exercises of stock options and employee stock purchase plans	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$46.56M	USD	Annual
Payment of acquisition-related contingent consideration and holdbacks	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.50M	USD	Annual
Payment of acquisition-related contingent consideration and holdbacks	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$3.13M	USD	Annual
Payment of acquisition-related contingent consideration and holdbacks	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$6.43M	USD	Annual
Shares withheld for statutory tax withholding payments on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$10.61M	USD	Annual
Shares withheld for statutory tax withholding payments on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$15.56M	USD	Annual
Shares withheld for statutory tax withholding payments on restricted stock	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$9.97M	USD	Annual
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-370.94M	USD	Annual
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-442.00M	USD	Annual
Net cash used by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-697.41M	USD	Annual
Net effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.61M	USD	Annual
Net effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.13M	USD	Annual
Net effect of changes in exchange rates on cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-4.64M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$341.39M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-239.47M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-31.91M	USD	Annual
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$112.55M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$453.93M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$383.93M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.45M	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`	$453.93M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$383.93M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$144.45M	USD	Point-in-time

Stockholders Equity 37 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`	107.51M	shares	Point-in-time
Balance beginning of period (in shares)	`CommonStockSharesIssued`	107.19M	shares	Point-in-time
Balance beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.99M	USD	Point-in-time
Balance beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.74M	USD	Point-in-time
Balance beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$632.79M	USD	Point-in-time
Balance beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Net income	`ProfitLoss`	$679.09M	USD	Annual
Net income	`ProfitLoss`	$845.04M	USD	Annual
Net income	`ProfitLoss`	$744.84M	USD	Annual
Other comprehensive gain (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$131.00K	USD	Annual
Other comprehensive gain (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$-24.31M	USD	Annual
Other comprehensive gain (loss), net	`OtherComprehensiveIncomeLossNetOfTax`	$6.59M	USD	Annual
Acquisition of noncontrolling interest (Note 4)	`MinorityInterestDecreaseFromRedemptions`	-	USD	Annual
Acquisition of noncontrolling interest (Note 4)	`MinorityInterestDecreaseFromRedemptions`	$990.00K	USD	Annual
Acquisition of noncontrolling interest (Note 4)	`MinorityInterestDecreaseFromRedemptions`	$1.00M	USD	1 Quarter
Repurchases of common stock, net	`TreasuryStockValueAcquiredParValueMethod`	$770.80M	USD	Annual
Repurchases of common stock, net	`TreasuryStockValueAcquiredParValueMethod`	$821.42M	USD	Annual
Repurchases of common stock, net	`TreasuryStockValueAcquiredParValueMethod`	$82.57M	USD	Annual
Common stock issued under stock plans, net	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$46.26M	USD	Annual
Common stock issued under stock plans, net	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$46.99M	USD	Annual
Common stock issued under stock plans, net	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$35.62M	USD	Annual
Deferred stock units activity	`IssuanceAndSettlementOfDeferredStockUnitsActivity`	-	USD	Annual
Deferred stock units activity	`IssuanceAndSettlementOfDeferredStockUnitsActivity`	-	USD	Annual
Deferred stock units activity	`IssuanceAndSettlementOfDeferredStockUnitsActivity`	-	USD	Annual
Share-based compensation cost	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$49.77M	USD	Annual
Share-based compensation cost	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$37.76M	USD	Annual
Share-based compensation cost	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$59.74M	USD	Annual
Balance end of period (in shares)	`CommonStockSharesIssued`	107.51M	shares	Point-in-time
Balance end of period (in shares)	`CommonStockSharesIssued`	107.19M	shares	Point-in-time
Balance end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$689.99M	USD	Point-in-time
Balance end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$608.74M	USD	Point-in-time
Balance end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$632.79M	USD	Point-in-time
Balance end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time

Comprehensive Income 69 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$679.09M	USD	Annual
Defined benefit plans, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-267.00K	USD	Annual
Net income	`ProfitLoss`	$845.04M	USD	Annual
Net income	`ProfitLoss`	$744.84M	USD	Annual
Defined benefit plans, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	$-613.00K	USD	Annual
Defined benefit plans, tax expense	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansBeforeReclassificationAdjustmentsTax`	-	USD	Annual
Reclassification adjustment for defined benefit plans included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$-111.00K	USD	Annual
Reclassification adjustment for defined benefit plans included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	$-99.00K	USD	Annual
Reclassification adjustment for defined benefit plans included in net income, tax	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax`	-	USD	Annual
Unrealized gain (loss) on Euro-denominated notes, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationTax`	$1.41M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-25.69M	USD	Annual
Unrealized gain (loss) on Euro-denominated notes, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationTax`	$-811.00K	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-26.73M	USD	Annual
Unrealized gain (loss) on Euro-denominated notes, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationTax`	$2.01M	USD	Annual
Foreign currency translation adjustments	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$17.73M	USD	Annual
Unrealized gain (loss) on investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$46.00K	USD	Annual
Unrealized gain (loss) on investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$-14.00K	USD	Annual
Defined benefit plans, net of tax expense of $(267) in 2023, $(613) in 2022, and $ in 2021	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$1.30M	USD	Annual
Defined benefit plans, net of tax expense of $(267) in 2023, $(613) in 2022, and $ in 2021	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	-	USD	Annual
Defined benefit plans, net of tax expense of $(267) in 2023, $(613) in 2022, and $ in 2021	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentBeforeReclassificationAdjustmentsNetOfTax`	$3.28M	USD	Annual
Unrealized gain (loss) on investments, tax expense (benefit)	`OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax`	$3.00K	USD	Annual
Unrealized gain (loss) on foreign currency exchange contracts, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationTax`	$5.95M	USD	Annual
Reclassification adjustment for defined benefit plans included in net income, net of tax of $111 in 2023, $99 in 2022, and $ in 2021	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	-	USD	Annual
Unrealized gain (loss) on foreign currency exchange contracts, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationTax`	$2.13M	USD	Annual
Reclassification adjustment for defined benefit plans included in net income, net of tax of $111 in 2023, $99 in 2022, and $ in 2021	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$519.00K	USD	Annual
Reclassification adjustment for defined benefit plans included in net income, net of tax of $111 in 2023, $99 in 2022, and $ in 2021	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansNetOfTax`	$506.00K	USD	Annual
Unrealized gain (loss) on foreign currency exchange contracts, tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationTax`	$-143.00K	USD	Annual
Unrealized gain (loss) on Euro-denominated notes, net of tax expense (benefit) of $(811) in 2023, $1,411 in 2022, and $2,011 in 2021	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax`	$4.53M	USD	Annual
Unrealized gain (loss) on Euro-denominated notes, net of tax expense (benefit) of $(811) in 2023, $1,411 in 2022, and $2,011 in 2021	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax`	$-2.60M	USD	Annual
Unrealized gain (loss) on cross currency swaps, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationTax`	$1.70M	USD	Annual
Unrealized gain (loss) on Euro-denominated notes, net of tax expense (benefit) of $(811) in 2023, $1,411 in 2022, and $2,011 in 2021	`OtherComprehensiveIncomeLossNetInvestmentHedgeEuroDenominatedNotesGainLossAfterReclassificationAndTax`	$6.40M	USD	Annual
Unrealized gain (loss) on cross currency swaps, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationTax`	$1.19M	USD	Annual
Unrealized gain (loss) on cross currency swaps, tax expense (benefit)	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationTax`	$-1.75M	USD	Annual
Unrealized gain (loss) on interest rate swap, net of tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationTax`	-	USD	Annual
Unrealized gain (loss) on investments, net of tax expense (benefit) of $3 in 2023, $(14) in 2022, and $46 in 2021	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-46.00K	USD	Annual
Unrealized gain (loss) on interest rate swap, net of tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationTax`	-	USD	Annual
Unrealized gain (loss) on investments, net of tax expense (benefit) of $3 in 2023, $(14) in 2022, and $46 in 2021	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$8.00K	USD	Annual
Unrealized gain (loss) on interest rate swap, net of tax expense (benefit)	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationTax`	$976.00K	USD	Annual
Unrealized gain (loss) on investments, net of tax expense (benefit) of $3 in 2023, $(14) in 2022, and $46 in 2021	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$146.00K	USD	Annual
Reclassification adjustment for (gain) loss included in net income, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$6.74M	USD	Annual
Reclassification adjustment for (gain) loss included in net income, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$1.70M	USD	Annual
Reclassification adjustment for (gain) loss included in net income, tax (expense) benefit	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationTax`	$-1.35M	USD	Annual
Unrealized gain (loss) on foreign currency exchange contracts, net of tax expense (benefit) of $(143) in 2023, $5,954 in 2022, and $2,133 in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationAfterTax`	$14.85M	USD	Annual
Unrealized gain (loss) on foreign currency exchange contracts, net of tax expense (benefit) of $(143) in 2023, $5,954 in 2022, and $2,133 in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationAfterTax`	$9.14M	USD	Annual
Unrealized gain (loss) on foreign currency exchange contracts, net of tax expense (benefit) of $(143) in 2023, $5,954 in 2022, and $2,133 in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeForeignExchangeContractGainLossBeforeReclassificationAfterTax`	$-792.00K	USD	Annual
Unrealized gain (loss) on cross currency swaps, net of tax expense (benefit) of $(1,754) in 2023, $1,190 in 2022, and $1,699 in 2021	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax`	$5.40M	USD	Annual
Unrealized gain (loss) on cross currency swaps, net of tax expense (benefit) of $(1,754) in 2023, $1,190 in 2022, and $1,699 in 2021	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax`	$3.82M	USD	Annual
Unrealized gain (loss) on cross currency swaps, net of tax expense (benefit) of $(1,754) in 2023, $1,190 in 2022, and $1,699 in 2021	`OtherComprehensiveIncomeLossNetInvestmentHedgeCrossCurrencySwapsGainLossBeforeReclassificationAfterTax`	$-5.63M	USD	Annual
Unrealized gain (loss) on interest rate swap, net of tax expense (benefit) of $976 in 2023, $ in 2022, and $ in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Unrealized gain (loss) on interest rate swap, net of tax expense (benefit) of $976 in 2023, $ in 2022, and $ in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationAfterTax`	$3.13M	USD	Annual
Unrealized gain (loss) on interest rate swap, net of tax expense (benefit) of $976 in 2023, $ in 2022, and $ in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeInterestRateSwapGainLossBeforeReclassificationAfterTax`	-	USD	Annual
Reclassification adjustment for (gain) loss included in net income, net of tax (expense) benefit of $(1,699) in 2023, $(6,742) in 2022, and $1,347 in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$18.99M	USD	Annual
Reclassification adjustment for (gain) loss included in net income, net of tax (expense) benefit of $(1,699) in 2023, $(6,742) in 2022, and $1,347 in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$-5.77M	USD	Annual
Reclassification adjustment for (gain) loss included in net income, net of tax (expense) benefit of $(1,699) in 2023, $(6,742) in 2022, and $1,347 in 2021	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax`	$4.47M	USD	Annual
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeAndNetInvestmentHedgeGainLossAfterReclassificationAndTax`	$-7.76M	USD	Annual
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeAndNetInvestmentHedgeGainLossAfterReclassificationAndTax`	$20.31M	USD	Annual
Unrealized gain (loss) on derivative instruments	`OtherComprehensiveIncomeLossCashFlowHedgeAndNetInvestmentHedgeGainLossAfterReclassificationAndTax`	$-323.00K	USD	Annual
Other comprehensive gain (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$131.00K	USD	Annual
Other comprehensive gain (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-24.31M	USD	Annual
Other comprehensive gain (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$6.59M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$744.98M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$654.78M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$851.63M	USD	Annual
Less: comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Less: comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.00K	USD	Annual
Less: comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive income attributable to IDEXX Laboratories, Inc.	`ComprehensiveIncomeNetOfTax`	$744.98M	USD	Annual
Comprehensive income attributable to IDEXX Laboratories, Inc.	`ComprehensiveIncomeNetOfTax`	$654.78M	USD	Annual
Comprehensive income attributable to IDEXX Laboratories, Inc.	`ComprehensiveIncomeNetOfTax`	$851.63M	USD	Annual

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