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IDEX Corp. – ‘10-K’ for 12/31/23 – ‘EX-31.1’

On:  Thursday, 2/22/24, at 11:56am ET   ·   For:  12/31/23   ·   Accession #:  832101-24-9   ·   File #:  1-10235

Previous ‘10-K’:  ‘10-K’ on 2/23/23 for 12/31/22   ·   Latest ‘10-K’:  This Filing   ·   21 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size

 2/22/24  IDEX Corp.                        10-K       12/31/23  137:20M

Annual Report   —   Form 10-K   —   SEA’34

Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   3.18M 
 2: EX-10.30    Material Contract                                   HTML     43K 
 3: EX-21       Subsidiaries List                                   HTML     73K 
 4: EX-23       Consent of Expert or Counsel                        HTML     38K 
 9: EX-97       Clawback Policy re: Recovery of Erroneously         HTML     44K 
                Awarded Compensation                                             
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     41K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     41K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     38K 
 8: EX-32.2     Certification -- §906 - SOA'02                      HTML     38K 
15: R1          Cover Page                                          HTML    105K 
16: R2          Audit Information                                   HTML     43K 
17: R3          Consolidated Statements of Income                   HTML    130K 
18: R4          Consolidated Statements of Comprehensive Income     HTML     74K 
19: R5          Consolidated Balance Sheets                         HTML    161K 
20: R6          Consolidated Balance Sheets (Parenthetical)         HTML     53K 
21: R7          Consolidated Statements of Equity                   HTML    101K 
22: R8          Consolidated Statements of Equity (Parenthetical)   HTML     53K 
23: R9          Consolidated Statements of Cash Flows               HTML    152K 
24: R10         Significant Accounting Policies                     HTML     95K 
25: R11         Acquisitions and Divestitures                       HTML    159K 
26: R12         Collaborative Investments                           HTML     44K 
27: R13         Balance Sheet Components                            HTML     91K 
28: R14         Revenue                                             HTML    143K 
29: R15         Goodwill and Intangible Assets                      HTML    110K 
30: R16         Borrowings                                          HTML     73K 
31: R17         Fair Value Measurements                             HTML     58K 
32: R18         Leases                                              HTML     83K 
33: R19         Commitments and Contingencies                       HTML     51K 
34: R20         Share Repurchases                                   HTML     39K 
35: R21         Income Taxes                                        HTML    135K 
36: R22         Business Segments and Geographic Information        HTML    142K 
37: R23         Restructuring Expenses and Asset Impairments        HTML     93K 
38: R24         Share-Based Compensation                            HTML    155K 
39: R25         Other Comprehensive Income (Loss)                   HTML    103K 
40: R26         Retirement Benefits                                 HTML    309K 
41: R27         Pay vs Performance Disclosure                       HTML     50K 
42: R28         Insider Trading Arrangements                        HTML     43K 
43: R29         Significant Accounting Policies (Policies)          HTML    129K 
44: R30         Significant Accounting Policies (Tables)            HTML     62K 
45: R31         Acquisitions and Divestitures (Tables)              HTML    139K 
46: R32         Balance Sheet Components (Tables)                   HTML     93K 
47: R33         Revenue (Tables)                                    HTML    146K 
48: R34         Goodwill and Intangible Assets (Tables)             HTML    114K 
49: R35         Borrowings (Tables)                                 HTML     65K 
50: R36         Fair Value Measurements (Tables)                    HTML     56K 
51: R37         Leases (Tables)                                     HTML     84K 
52: R38         Commitments and Contingencies (Tables)              HTML     50K 
53: R39         Income Taxes (Tables)                               HTML    140K 
54: R40         Business Segments and Geographic Information        HTML    138K 
                (Tables)                                                         
55: R41         Restructuring Expenses and Asset Impairments        HTML     89K 
                (Tables)                                                         
56: R42         Share-Based Compensation (Tables)                   HTML    157K 
57: R43         Other Comprehensive Income (Loss) (Tables)          HTML    104K 
58: R44         Retirement Benefits (Tables)                        HTML    306K 
59: R45         Significant Accounting Policies - Business          HTML     39K 
                (Details)                                                        
60: R46         Significant Accounting Policies - Advertising       HTML     39K 
                Costs (Details)                                                  
61: R47         Significant Accounting Policies - Schedule of       HTML     45K 
                Basic Weighted Average Shares Reconciles to                      
                Diluted Weighted Average Shares Outstanding                      
                (Details)                                                        
62: R48         Significant Accounting Policies - Earnings per      HTML     40K 
                Common Share (Details)                                           
63: R49         Significant Accounting Policies - Property and      HTML     53K 
                Equipment at Cost Depreciation and Amortization                  
                Estimated Useful Lives (Details)                                 
64: R50         Significant Accounting Policies - Intangible Asset  HTML     59K 
                Depreciation and Amortization Estimated Useful                   
                Lives (Details)                                                  
65: R51         Significant Accounting Policies - Research and      HTML     42K 
                Development Expenditures (Details)                               
66: R52         Significant Accounting Policies - Foreign Currency  HTML     40K 
                (Details)                                                        
67: R53         Significant Accounting Policies - Concentration of  HTML     45K 
                Credit Risk (Details)                                            
68: R54         Acquisitions and Divestitures - Narrative           HTML     87K 
                (Details)                                                        
69: R55         Acquisitions and Divestitures - Allocation of       HTML    126K 
                Acquisition Costs to Assets Acquired and                         
                Liabilities Assumed (Details)                                    
70: R56         Acquisitions and Divestitures - Acquired            HTML    109K 
                Intangible Assets and Weighted Average                           
                Amortization Periods (Details)                                   
71: R57         Acquisitions and Divestitures - Schedule of         HTML     45K 
                Business Acquisitions-Related cost and the Fair                  
                value Inventory (Details)                                        
72: R58         Acquisitions and Divestitures - Divestitures        HTML     59K 
                (Details)                                                        
73: R59         Collaborative Investments (Details)                 HTML     55K 
74: R60         Balance Sheet Components - Components (Details)     HTML    124K 
75: R61         Balance Sheet Components - Valuation And            HTML     48K 
                Qualifying Accounts (Details)                                    
76: R62         Revenue - Revenue by Reporting Unit (Details)       HTML     90K 
77: R63         Revenue - Revenue by Geography (Details)            HTML     93K 
78: R64         Revenue - Narrative (Details)                       HTML     49K 
79: R65         Revenue - Receivables (Details)                     HTML     44K 
80: R66         Revenue - Deferred Revenue (Details)                HTML     50K 
81: R67         Goodwill and Intangible Assets - Schedule of        HTML     74K 
                Changes in Carrying Amount of Goodwill (Details)                 
82: R68         Goodwill and Intangible Assets - Schedule of Gross  HTML     75K 
                Carrying Value and Accumulated Amortization for                  
                Each Major Class of Intangible Asset (Details)                   
83: R69         Goodwill and Intangible Assets - Narrative          HTML     40K 
                (Details)                                                        
84: R70         Goodwill and Intangible Assets - Schedule of        HTML     49K 
                Finite Lived Intangible Assets Future Amortization               
                Expense (Details)                                                
85: R71         Borrowings - Schedule of Borrowings (Details)       HTML     87K 
86: R72         Borrowings - Narrative (Details)                    HTML    113K 
87: R73         Borrowings - Schedule of Maturities of Borrowings   HTML     57K 
                (Details)                                                        
88: R74         Fair Value Measurements - Schedule of Company       HTML     46K 
                Financial Assets and Liabilities at Fair Value on                
                Recurring Basis (Details)                                        
89: R75         Fair Value Measurements - Schedule of Fair Value    HTML     45K 
                of Debt Outstanding (Details)                                    
90: R76         Leases - Narrative (Details)                        HTML     38K 
91: R77         Leases - Balance Sheet Composition (Details)        HTML     58K 
92: R78         Leases - Lease Cost (Details)                       HTML     44K 
93: R79         Leases - Supplemental Information (Details)         HTML     56K 
94: R80         Leases - Lease Liability Future Payments (Details)  HTML     56K 
95: R81         Commitments and Contingencies (Details)             HTML     47K 
96: R82         Share Repurchases (Details)                         HTML     49K 
97: R83         Income Taxes - Schedule Of Income Before Income     HTML     47K 
                Tax (Details)                                                    
98: R84         Income Taxes - Provision Benefit for Income Taxes   HTML     66K 
                (Details)                                                        
99: R85         Income Taxes - Deferred Tax Assets Liabilities      HTML     64K 
                (Details)                                                        
100: R86         Income Taxes - Deferred Tax Assets and Liabilities  HTML     44K  
                Recognized in Company's Consolidated Balance                     
                Sheets (Details)                                                 
101: R87         Income Taxes - Narrative (Details)                  HTML     63K  
102: R88         Income Taxes - Computed Amount and Differences in   HTML     82K  
                Provision for Income Taxes (Details)                             
103: R89         Income Taxes - Reconciliation of Beginning and      HTML     49K  
                Ending Amount of Unrecognized Tax Benefits                       
                (Details)                                                        
104: R90         Business Segments and Geographic Information -      HTML     39K  
                Narrative (Details)                                              
105: R91         Business Segments and Geographic Information -      HTML    125K  
                Schedule of Information on Company's Business                    
                Segments (Details)                                               
106: R92         Business Segments and Geographic Information -      HTML     51K  
                Schedule of Sales from External Customers and Long               
                Lived Assets (Details)                                           
107: R93         Restructuring Expenses and Asset Impairments -      HTML     72K  
                Schedule of Pre-Tax Restructuring Expenses by                    
                Segment (Details)                                                
108: R94         Restructuring Expenses and Asset Impairments -      HTML     65K  
                Narrative (Details)                                              
109: R95         Restructuring Expenses and Asset Impairments -      HTML     52K  
                Schedule of Restructuring Accruals Expenses                      
                (Details)                                                        
110: R96         Share-Based Compensation - Narrative (Details)      HTML    109K  
111: R97         Share-Based Compensation - Schedule of Weighted     HTML     63K  
                Average Option Fair Values and Assumptions                       
                (Details)                                                        
112: R98         Share-Based Compensation - Stock Options Activity   HTML     89K  
                (Details)                                                        
113: R99         Share-Based Compensation - Schedule of              HTML     57K  
                Compensation Cost for Stock Options (Details)                    
114: R100        Share-Based Compensation - Restricted Stock Units   HTML     62K  
                Activity (Details)                                               
115: R101        Share-Based Compensation - Schedule of              HTML     54K  
                Compensation Cost for Restricted Stock Units                     
                (Details)                                                        
116: R102        Share-Based Compensation - Cash-settled Restricted  HTML     62K  
                Stock Activity (Details)                                         
117: R103        Share-Based Compensation - Schedule of              HTML     50K  
                Compensation Cost for Cash-settled Restricted                    
                Stock (Details)                                                  
118: R104        Share-Based Compensation - Schedule of Weighted     HTML     59K  
                Average Performance Share Units Fair Values and                  
                Assumptions (Details)                                            
119: R105        Share-Based Compensation - Performance Share Unit   HTML     62K  
                Activity (Details)                                               
120: R106        Share-Based Compensation - Schedule of              HTML     56K  
                Compensation Cost for Performance Share Units                    
                (Details)                                                        
121: R107        Other Comprehensive Income (Loss) - Components of   HTML     67K  
                Other Comprehensive Income (Loss) (Details)                      
122: R108        Other Comprehensive Income (Loss) - Amounts         HTML     84K  
                Reclassified from Accumulated Other Comprehensive                
                Income (Loss) (Details)                                          
123: R109        Retirement Benefits - Narrative (Details)           HTML    109K  
124: R110        Retirement Benefits - Reconciliation of Changes in  HTML    137K  
                Benefit Obligations and Fair Value of Plan Assets                
                (Details)                                                        
125: R111        Retirement Benefits - Weighted Average Assumptions  HTML     53K  
                Used in the Measurement of Benefit Obligation                    
                (Details)                                                        
126: R112        Retirement Benefits - Amounts in Accumulated Other  HTML     54K  
                Comprehensive Income Loss Expected to be                         
                Recognized as Components of Net Periodic Benefit                 
                Cost (Details)                                                   
127: R113        Retirement Benefits - Components of Net Periodic    HTML     67K  
                Benefit Cost for Defined Benefit Plans and Other                 
                Postretirement Plans (Details)                                   
128: R114        Retirement Benefits - Weighted Average Assumptions  HTML     54K  
                Used to Determine Net Periodic Benefit Cost of                   
                Plans (Details)                                                  
129: R115        Retirement Benefits - Pretax Amounts Recognized in  HTML     65K  
                Accumulated Other Comprehensive Income Loss                      
                (Details)                                                        
130: R116        Retirement Benefits - Pension Plan Weighted         HTML     55K  
                Average Asset Allocations (Details)                              
131: R117        Retirement Benefits - Summary of Basis Used to      HTML    103K  
                Measure Defined Benefit Plans Assets at Fair Value               
                (Details)                                                        
132: R118        Retirement Benefits- Compensation Related Costs,    HTML     51K  
                Retirement Benefits (Details)                                    
134: XML         IDEA XML File -- Filing Summary                      XML    256K  
137: XML         XBRL Instance -- iex-20231231_htm                    XML   4.85M  
133: EXCEL       IDEA Workbook of Financial Report Info              XLSX    275K  
11: EX-101.CAL  XBRL Calculations -- iex-20231231_cal                XML    368K 
12: EX-101.DEF  XBRL Definitions -- iex-20231231_def                 XML   1.30M 
13: EX-101.LAB  XBRL Labels -- iex-20231231_lab                      XML   3.01M 
14: EX-101.PRE  XBRL Presentations -- iex-20231231_pre               XML   2.04M 
10: EX-101.SCH  XBRL Schema -- iex-20231231                          XSD    281K 
135: JSON        XBRL Instance as JSON Data -- MetaLinks              833±  1.27M  
136: ZIP         XBRL Zipped Folder -- 0000832101-24-000009-xbrl      Zip   1.20M  


‘EX-31.1’   —   Certification — §302 – SOA’02


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Exhibit 31.1
Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes Oxley Act of 2002
I, Eric D. Ashleman, certify that:
1. I have reviewed this annual report on Form 10-K of IDEX Corporation;
2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f) and 15d-15(f)) for the registrant and we have:
a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;
c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and
5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent function):
a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and
b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.
February 22, 2024/s/ ERIC D. ASHLEMAN
Eric D. Ashleman
Chief Executive Officer and President



Dates Referenced Herein

This ‘10-K’ Filing    Date    Other Filings
Filed on:2/22/24None on these Dates
For Period end:12/31/23
 List all Filings 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/07/24  IDEX Corp.                        S-8         5/07/24    5:194K                                   Donnelley … Solutions/FA
 2/23/24  IDEX Corp.                        S-3ASR      2/23/24    5:412K                                   Donnelley … Solutions/FA


19 Previous Filings that this Filing References

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

10/26/23  IDEX Corp.                        10-Q        9/30/23  108:13M
 7/27/23  IDEX Corp.                        10-Q        6/30/23  105:13M
 6/14/23  IDEX Corp.                        8-K:1,2,9   6/13/23   11:29M
 2/23/23  IDEX Corp.                        10-K       12/31/22  139:24M
11/02/22  IDEX Corp.                        8-K:1,2,9  11/01/22   11:58M
10/26/22  IDEX Corp.                        10-Q        9/30/22  106:26M
 4/27/22  IDEX Corp.                        10-Q        3/31/22  105:10M
 5/28/21  IDEX Corp.                        8-K:2,9     5/28/21   12:322K                                   Donnelley … Solutions/FA
 2/25/21  IDEX Corp.                        10-K       12/31/20  142:20M
 4/29/20  IDEX Corp.                        8-K:1,2,8,9 4/27/20   13:540K                                   Donnelley … Solutions/FA
 2/21/20  IDEX Corp.                        10-K       12/31/19  140:20M
 2/22/18  IDEX Corp.                        10-K       12/31/17  133:19M
 4/26/17  IDEX Corp.                        10-Q        3/31/17   97:7.4M
 6/15/16  IDEX Corp.                        8-K:1,2,9   6/13/16    3:1.5M
 3/02/15  IDEX Corp.                        DEF 14A     4/08/15    1:955K                                   Donnelley … Solutions/FA
 2/23/15  IDEX Corp.                        10-K       12/31/14  128:21M
 2/25/11  IDEX Corp.                        10-K       12/31/10   44:5.6M                                   Donnelley … Solutions/FA
12/07/10  IDEX Corp.                        8-K:1,2,9  12/01/10    5:537K                                   Donnelley … Solutions/FA
 3/05/04  IDEX Corp.                        10-K       12/31/03   15:226K                                   Bowne Boc/FA
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Filing Submission 0000832101-24-000009   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)

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