Pay vs Performance Disclosure | 3 Months Ended | 12 Months Ended |
Apr. 01, 2021 | Dec. 31, 2022 USD ($) | Dec. 31, 2021 USD ($) | Dec. 31, 2020 USD ($) |
Pay vs Performance Disclosure [Table] | | | | | |
Pay vs Performance [Table Text Block] | | | (1) (2) (1) (2) (2) (3) (2) (3) (4) (3) (5) (6) (7) (8) Average Value of Initial Fixed $100 Summary Average Investment Based On: Compensation Compensation Table Total Actually Paid for Non-PEO to Non-PEO Adjusted Summary Named Named Peer Group Net Non-GAAP Compensation Compensation Executive Executive Total Total Income Earnings Table Total for Actually Paid to Officers Officers Shareholder Shareholder ($, in Per Share Year PEO ($) (1) (2) PEO ($) (2) (3) ($) (4) ($) (3) (5) Return Return (6) thousands) (7) ($) (8) (a) (b) (c) (d) (e) (f) (g) (h) (i) PEO – 1 PEO – 2 PEO – 1 PEO – 2 2022 6,223,115 n.a. 4,382,897 n.a. 1,495,432 158,004 182.21 152.42 872,502 39.39 2021 11,708,259 719,467 15,464,903 11,757,026 1,882,796 3,400,907 213.95 194.07 768,985 33.61 2020 n.a. 6,301,644 n.a. 17,775,400 1,686,421 3,116,289 143.67 139.59 602,739 25.57 (1) The dollar amounts reported in column (b) are the amounts of total compensation reported for our Principal Executive Officer(s) for each corresponding year in the “Total” column of the Summary Compensation Table. (2) In 2021, the company had two Principal Executive Officers (PEO). Olivier Filliol Patrick Kaltenbach (3) The dollar amounts reported in column (c) represent the “Compensation Actually Paid” to the applicable PEO for the corresponding year. Compensation Actually Paid is calculated pursuant to the requirements of Item 402(v) of Regulation S-K, adjusting Summary Compensation Table totals to reflect equity award valuation changes at certain points over time. It does not reflect dollar amounts actually paid to our PEOs. (4) The dollar amounts reported in column (d) represent the average of the amounts reported for the company’s named executive officers (NEOs) as a group (excluding the PEOs) in the “Total” column of the Summary Compensation Table in each applicable year. The non-PEO NEOs were Shawn P. Vadala, Marc de La Guéronnière, and Gerhard Keller for all periods shown above. For 2020 and 2021, Peter Aggersbjerg, the Head of Divisions during those periods, was also an NEO. For 2022, Richard Wong is also an NEO. (5) The dollar amounts reported in column (e) represent the average amount of “Compensation Actually Paid” to the NEOs as a group (excluding the PEOs) for the corresponding year. Compensation Actually Paid is calculated pursuant to the requirements of Item 402(v) of Regulation S-K, adjusting Summary Compensation table totals to reflect equity award valuation changes at certain points over time. It does not reflect dollar amounts actually paid to our NEOs. The NEOs included for purposes of these calculations are described in footnote 4. (6) Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: SIC Code 3826 Index – Laboratory Analytical Instruments. (7) The dollar amounts reported represent the amount of net income reflected in the company’s audited financial statements for the applicable year. (8) While the company uses numerous financial and non-financial performance measures for the purpose of evaluating performance for the company’s compensation programs, the company has determined that non-GAAP earnings per share is the financial performance measure that, in the company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the company to link compensation actually paid to the company’s NEOs (including the PEOs), for the most recently completed fiscal year, to company performance. The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following, as shown in the table below: Year Reported Summary Compensation Table Total Reported Value of Year End Year over Year over Compensation PEO – 1 2022 6,223,115 (4,240,354) 5,237,636 (2,567,327) (270,173) 4,382,897 2021 11,708,259 (9,333,307) 13,089,951 0 0 15,464,903 PEO – 2 2021 719,467 0 0 9,720,558 1,317,001 11,757,026 2020 6,301,644 (1,860,176) 1,822,185 8,882,085 2,629,662 17,775,400 The grant date fair value of equity awards represents the total of the amounts reported in the “Stock Awards” and “Option Awards” columns in the Summary Compensation Table for the applicable year. The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following: (i) the year-end fair value of any equity awards granted in the applicable year that are outstanding and unvested as of the end of the year; (ii) the amount of change as of the end of the applicable year (from the end of the prior fiscal year) in fair value of any awards granted in prior years that are outstanding and unvested as of the end of the applicable year; (iii) for awards granted in prior years that vest in the applicable year, the amount equal to the change as of the vesting date (from the end of the prior fiscal year) in fair value. The valuation assumptions used to calculate fair values did not materially differ from those disclosed at the time of grant. (4) The dollar amounts reported in column (d) represent the average of the amounts reported for the company’s named executive officers (NEOs) as a group (excluding the PEOs) in the “Total” column of the Summary Compensation Table in each applicable year. The non-PEO NEOs were Shawn P. Vadala, Marc de La Guéronnière, and Gerhard Keller for all periods shown above. For 2020 and 2021, Peter Aggersbjerg, the Head of Divisions during those periods, was also an NEO. For 2022, Richard Wong is also an NEO. (5) The dollar amounts reported in column (e) represent the average amount of “Compensation Actually Paid” to the NEOs as a group (excluding the PEOs) for the corresponding year. Compensation Actually Paid is calculated pursuant to the requirements of Item 402(v) of Regulation S-K, adjusting Summary Compensation table totals to reflect equity award valuation changes at certain points over time. It does not reflect dollar amounts actually paid to our NEOs. The NEOs included for purposes of these calculations are described in footnote 4. The equity award adjustments for each applicable year include the addition (or subtraction, as applicable) of the following, as shown in the table below: Year Average Reported Summary Compensation Table Total Average Average Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards ($) Year over Year Average Change in Fair Value of Equity Awards granted in Prior Years that Vested in the Year ($) Average 2022 1,495,432 (879,419) 1,086,205 (1,370,139) (174,075) 158,004 2021 1,882,796 (918,101) 1,138,158 1,088,321 209,733 3,400,907 2020 1,686,421 (876,342) 880,423 1,170,660 255,127 3,116,289 (6) Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: SIC Code 3826 Index – Laboratory Analytical Instruments. (7) The dollar amounts reported represent the amount of net income reflected in the company’s audited financial statements for the applicable year. (8) While the company uses numerous financial and non-financial performance measures for the purpose of evaluating performance for the company’s compensation programs, the company has determined that non-GAAP earnings per share | | |
Named Executive Officers, Footnote [Text Block] | | | In 2021, the company had two Principal Executive Officers (PEO). Olivier Filliol Patrick Kaltenbach | | |
Peer Group Issuers, Footnote [Text Block] | | | Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: SIC Code 3826 Index – Laboratory Analytical Instruments. | | |
Non-PEO NEO Average Total Compensation Amount | [1] | | $ 1,495,432 | $ 1,882,796 | $ 1,686,421 |
Non-PEO NEO Average Compensation Actually Paid Amount | [2],[3] | | $ 158,004 | 3,400,907 | 3,116,289 |
Adjustment to Non-PEO NEO Compensation Footnote [Text Block] | | | The dollar amounts reported in column (d) represent the average of the amounts reported for the company’s named executive officers (NEOs) as a group (excluding the PEOs) in the “Total” column of the Summary Compensation Table in each applicable year. The non-PEO NEOs were Shawn P. Vadala, Marc de La Guéronnière, and Gerhard Keller for all periods shown above. For 2020 and 2021, Peter Aggersbjerg, the Head of Divisions during those periods, was also an NEO. For 2022, Richard Wong is also an NEO. | | |
Compensation Actually Paid vs. Total Shareholder Return [Text Block] | | | Compensation Actually Paid and Cumulative TSR | | |
Compensation Actually Paid vs. Net Income [Text Block] | | | Compensation Actually Paid and Net Income | | |
Compensation Actually Paid vs. Company Selected Measure [Text Block] | | | Compensation Actually Paid and Adjusted non-GAAP Earnings Per Share | | |
Total Shareholder Return Vs Peer Group [Text Block] | | | Cumulative TSR of the Company and Cumulative TSR of the Peer Group The following chart describes the relationship between our TSR and that of our peer group: the SIC Code 3826 Index – Laboratory Analytical Instruments, assuming an investment of $100.00 on December 31, 2019. | | |
Tabular List [Table Text Block] | | | Most Important Measures for Determining NEO Pay Non-GAAP earnings per share Net cash flow Group sales at budgeted currency rates Total shareholder return relative to the S&P 500 Healthcare Index and the S&P 500 Industrials Index | | |
Total Shareholder Return Amount | | | $ 182.21 | 213.95 | 143.67 |
Peer Group Total Shareholder Return Amount | [4] | | 152.42 | 194.07 | 139.59 |
Net Income (Loss) | [5] | | $ 872,502,000 | $ 768,985,000 | $ 602,739,000 |
Company Selected Measure Amount | [6] | | 0.3939 | 0.3361 | 0.2557 |
Measure [Axis]: 1 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | Non-GAAP earnings per share | | |
Non-GAAP Measure Description [Text Block] | | | While the company uses numerous financial and non-financial performance measures for the purpose of evaluating performance for the company’s compensation programs, the company has determined that non-GAAP earnings per share | | |
Measure [Axis]: 2 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | Net cash flow | | |
Measure [Axis]: 3 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | Group sales at budgeted currency rates | | |
Measure [Axis]: 4 | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Measure Name | | | Total shareholder return relative to the S&P 500 Healthcare Index and the S&P 500 Industrials Index | | |
P E O 1 [Member] | Reported Value of Equity Awards | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | $ (4,240,354) | $ (9,333,307) | |
P E O 1 [Member] | Year End Fair Value of Equity Awards Granted | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 5,237,636 | 13,089,951 | |
P E O 1 [Member] | Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | (2,567,327) | 0 | |
P E O 1 [Member] | Year over Year Change in Fair Value of Equity Awards granted in Prior Years that Vested in the Year | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | (270,173) | 0 | |
P E O 2 [Member] | Reported Value of Equity Awards | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | 0 | $ (1,860,176) |
P E O 2 [Member] | Year End Fair Value of Equity Awards Granted | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | 0 | 1,822,185 |
P E O 2 [Member] | Year over Year Change in Fair Value of Outstanding and Unvested Equity Awards | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | 9,720,558 | 8,882,085 |
P E O 2 [Member] | Year over Year Change in Fair Value of Equity Awards granted in Prior Years that Vested in the Year | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | | 1,317,001 | 2,629,662 |
Non-PEO NEO [Member] | Average Reported Value of Equity Awards | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | (879,419) | (918,101) | (876,342) |
Non-PEO NEO [Member] | Average Year End Fair Value of Equity Awards Granted | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | 1,086,205 | 1,138,158 | 880,423 |
Non-PEO NEO [Member] | Year over Year Average Change in Fair Value of Outstanding and Unvested Equity Awards | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | (1,370,139) | 1,088,321 | 1,170,660 |
Non-PEO NEO [Member] | Year over Year Average Change in Fair Value of Equity Awards granted in Prior Years that Vested in the Year | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
Adjustment to Compensation Amount | | | (174,075) | 209,733 | 255,127 |
P E O 1 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
PEO Total Compensation Amount | [7],[8] | | 6,223,115 | 11,708,259 | |
PEO Actually Paid Compensation Amount | [7],[8] | | $ 4,382,897 | 15,464,903 | |
PEO Name | | | Patrick Kaltenbach | | |
P E O 2 [Member] | | | | | |
Pay vs Performance Disclosure [Table] | | | | | |
PEO Total Compensation Amount | [7],[8] | | | 719,467 | 6,301,644 |
PEO Actually Paid Compensation Amount | [7],[8] | | | $ 11,757,026 | $ 17,775,400 |
PEO Name | | Olivier Filliol | | | |
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[1]The dollar amounts reported in column (d) represent the average of the amounts reported for the company’s named executive officers (NEOs) as a group (excluding the PEOs) in the “Total” column of the Summary Compensation Table in each applicable year. The non-PEO NEOs were Shawn P. Vadala, Marc de La Guéronnière, and Gerhard Keller for all periods shown above. For 2020 and 2021, Peter Aggersbjerg, the Head of Divisions during those periods, was also an NEO. For 2022, Richard Wong is also an NEO.[2]The dollar amounts reported in column (c) represent the “Compensation Actually Paid” to the applicable PEO for the corresponding year. Compensation Actually Paid is calculated pursuant to the requirements of Item 402(v) of Regulation S-K, adjusting Summary Compensation Table totals to reflect equity award valuation changes at certain points over time. It does not reflect dollar amounts actually paid to our PEOs.[3]The dollar amounts reported in column (e) represent the average amount of “Compensation Actually Paid” to the NEOs as a group (excluding the PEOs) for the corresponding year. Compensation Actually Paid is calculated pursuant to the requirements of Item 402(v) of Regulation S-K, adjusting Summary Compensation table totals to reflect equity award valuation changes at certain points over time. It does not reflect dollar amounts actually paid to our NEOs. The NEOs included for purposes of these calculations are described in footnote 4.[4]Represents the weighted peer group TSR, weighted according to the respective companies’ stock market capitalization at the beginning of each period for which a return is indicated. The peer group used for this purpose is the following published industry index: SIC Code 3826 Index – Laboratory Analytical Instruments.[5]The dollar amounts reported represent the amount of net income reflected in the company’s audited financial statements for the applicable year.[6]While the company uses numerous financial and non-financial performance measures for the purpose of evaluating performance for the company’s compensation programs, the company has determined that non-GAAP earnings per share is the financial performance measure that, in the company’s assessment, represents the most important performance measure (that is not otherwise required to be disclosed in the table) used by the company to link compensation actually paid to the company’s NEOs (including the PEOs), for the most recently completed fiscal year, to company performance.[7] In 2021, the company had two Principal Executive Officers (PEO). Olivier Filliol Patrick Kaltenbach | |