IDEXX LABORATORIES INC /DE company info

CIK 874716
IRS Number 010393723
State of incorporation DE
Business address ONE IDEXX DRIVE
None
WESTBROOK
ME
04092-2041
Mail address ONE IDEXX DRIVE
None
WESTBROOK
ME
04092-2041

Short summary

IDEXX LABORATORIES INC /DE is a Maine company, with head office located at One Idexx Drive Westbrook, Maine 04092-2041. The company achieved a record breaking net income last year - 377.03 million USD. This is 43.28% higher than one reported in 2017. In 2018 the company owned a total of 1.68 billion USD worth of assets, including 697.65 million USD worth of current assets and 983.32 million USD worth of non-current assets. The company amassed the most assets last year, totalling up to 1.68 billion USD.

IDEXX LABORATORIES INC /DE Income Statement

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Revenue, Net 1,024.031,031.631,103.391,218.691,293.341,377.061,485.811,601.891,775.421,969.06
Gross Profit 529.77526.28578.62646.51699.15756.12816.12890.27975.441,097.381,241.54
Research and development 70.6765.1268.6076.0482.0188.0098.2699.68101.12109.18117.86
Operating Expenses 750.21
Operating Income (Loss) 172.46175.97203.88236.23262.56266.76260.26299.91350.24413.03491.34
Interest expense 4.591.922.423.553.855.3915.4329.2432.0537.2334.74
Income Tax Expense (Benefit) 54.0252.3060.8172.6782.3375.4764.6081.0199.79117.7980.70
Net income 116.17122.23141.28161.79178.27187.80181.91192.08222.05263.14377.03

IDEXX LABORATORIES INC /DE Balance Sheet

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Cash and cash equivalents 60.36103.74117.98159.40201.81251.01305.05163.15141.14165.98174.56116.62
Accounts Receivable, Net, Current 127.14149.31147.16159.12168.64199.44212.23240.26265.01281.16
Inventories 122.03133.93143.70140.94145.40184.50175.69169.69176.49189.47
Deferred income taxes 23.4326.8925.1226.3733.7937.5139.83
Property, Plant and Equipment, Gross 376.63422.35478.31550.02603.94678.62742.59811.64906.00
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 174.90205.57233.13268.80300.35345.60385.17432.54468.73
Goodwill 138.77143.25154.19170.93171.40181.62179.71180.66196.67195.97214.52
Intangible Assets, Net (Excluding Goodwill) 57.8753.0464.6358.1055.5557.5249.7346.0939.0439.50
Other Assets, Noncurrent 25.3439.6155.8753.1757.6181.0790.58110.94151.82199.61
Total assets 833.74950.581,067.321,164.071,283.191,477.371,489.241,637.141,520.691,680.97
Current assets 410.55493.57555.31614.90701.71833.03821.11918.66739.83697.65
Non-current assets 423.18457.00512.01549.17581.49644.34668.13718.48780.85983.32
Accounts payable 23.1929.8929.7137.5841.4358.2150.0958.6168.0270.14
Taxes Payable, Current 11.2420.0212.7315.7729.3320.4222.6324.86
Standard Product Warranty Accrual 2.601.681.501.311.31
Total current liabilities 271.20298.14419.15551.67600.35775.43822.781,001.49774.32689.62
Long-term Debt 3.422.50151.39350597.09593.70606.60601.78
Deferred Revenue, Noncurrent 4.746.5613.3913.6220.4323.8730.2634.1365.36
Deferred income taxes 17.9421.1521.5622.5428.8239.2616.4237.5035.46
Other Accrued Liabilities, Noncurrent 9.7715.3815.04
Total liabilities 309.46341.76477.38614.48830.261,468.821,497.741,723.241,561.531,629.10
Common Stock, Value, Issued 9.739.889.9710.0710.1610.2410.2810.4010.4910.54
Retained Earnings (Accumulated Deficit) 894.481,050.811,219.391,404.451,597.20231.07431.58694.78989.041,270.61
Accumulated Other Comprehensive Income (Loss), Net of Tax 2.9226.478.8610.4915.03-22.28-35.47-38.39-42.56-40.02

IDEXX LABORATORIES INC /DE Cash Flow

Name [in Millions USD]200720082009201020112012201320142015201620172018Trends
Net income 116.17122.23141.28161.79178.27187.80181.91192.08222.05263.14377.03
Amortization of Intangible Assets 98.709.809.709.8010.409.5098.90
Depreciation and amortization 47.9849.7745.9648.2052.4154.6058.8968.9678.2283.1483.18
Deferred Income Tax Expense (Benefit) 5.633.27-0.916.00-1.972.070.835.1420.61-7.921.14
Accounts receivable 10.271.166.9124.81-3.4915.953.6350.1422.5524.9218.40
Inventories 18.47-6.2219.476.3117.211.3538.3134.97-7.6519.0625.62
Deferred revenue -0.810.932.377.346.896.4414.20-0.327.673.55
Net Cash Provided by (Used in) Operating Activities 143.31174.95178.83220.70222.41246.00235.85400.08
Payments to Acquire Property, Plant, and Equipment 89.9750.6638.9152.4665.4977.6160.5282.9264.7974.38115.75
Payments to Acquire Businesses, Net of Cash Acquired 3.897.9146.762.6610.9225.1210.301.9614.5822.50
Payments to Acquire Intangible Assets 4.760.500.3910.901.020.1802.327.19
Net Cash Provided by (Used in) Investing Activities -91.60-53.62-43.19-97.00-58.13-86.06-80.41
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -86.06-80.41-308.41-90.79-138.69138.60
Payments for Repurchase of Common Stock 132.3483.10143.09255.51132.27367.76618.16401.98304.09282.57369.32
Net Cash Provided by (Used in) Financing Activities -30.79-95.30-86.77-97.66-125.34-102.45-103.44
Cash and Cash Equivalents, Period Increase (Decrease) 18.5127.8650.1926.9840.0955.0743.48-193.5425.9132.77-63.88