Market Summary
USD207.44+3.63
Market Closed1.78%
IEX Stock Price
IEX RSI Chart
IEX Valuation
IEX Price/Sales (Trailing)
IEX Profitability
IEX Fundamentals
IEX Revenue
IEX Earnings
Price Action
52 Week Range
195.27243.94
(Low)(High)
Last 7 days
-3.4%
Last 30 days
-9.9%
Last 90 days
-2.9%
Trailing 12 Months
2.4%
IEX Financial Health
IEX Investor Care
Historical Charts for Stock Metrics
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Net sales
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Latest Insider Trading transactions for IEX
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2023-08-29 | Lausas Allison S | acquired | 501,006 | 227 | 2,200 | vp, chief accounting officer |
2023-05-25 | Christenson Carl R | acquired | - | - | 770 | - |
2023-05-25 | SATTERTHWAITE LIVINGSTON | acquired | - | - | 770 | - |
2023-05-25 | Beck Mark A | acquired | - | - | 770 | - |
2023-05-25 | Parry David C | acquired | - | - | 770 | - |
2023-05-25 | Helmkamp Katrina L | acquired | - | - | 1,020 | - |
2023-05-25 | BUTHMAN MARK A | acquired | - | - | 770 | - |
2023-05-25 | Watts Stanfield Paris | acquired | - | - | 770 | - |
2023-05-25 | Quiroz Alejandro | acquired | - | - | 770 | - |
2023-05-25 | Gunter Lakecia N | acquired | - | - | 770 | - |
Which funds bought or sold IEX recently?
View All Details| Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
|---|---|---|---|---|---|---|
2023-09-26 | BROOKFIELD Corp /ON/ | sold off | -100 | -9,864,980 | - | -% |
2023-09-21 | Jefferies Group LLC | added | 140 | 721,948 | 1,161,130 | 0.01% |
2023-09-20 | BARCLAYS PLC | added | 7.64 | 697,000 | 238,220,000 | 0.15% |
2023-09-12 | Farther Finance Advisors, LLC | unchanged | - | -646 | 8,826 | -% |
2023-09-05 | Covenant Partners, LLC | reduced | -13.12 | -60,383 | 256,590 | 0.09% |
2023-09-01 | Portside Wealth Group, LLC | new | - | 488,210 | 488,210 | 0.09% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 2,042 | 30,173 | -% |
2023-08-25 | Brown Shipley& Co Ltd | added | 84.42 | 186,356 | 445,803 | 0.18% |
2023-08-24 | Alberta Investment Management Corp | added | 8.05 | 3,117 | 465,177 | -% |
2023-08-22 | Segment Wealth Management, LLC | unchanged | - | -50,796 | 693,352 | 0.07% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
Schedule 13G FIlings of IDEX
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
|---|---|---|---|---|---|
| Feb 09, 2023 | vanguard group inc | 12.46% | 9,394,748 | SC 13G/A | |
| Feb 03, 2023 | blackrock inc. | 8.3% | 6,232,051 | SC 13G/A | |
| Feb 14, 2022 | price t rowe associates inc /md/ | 4.9% | 3,790,134 | SC 13G/A | |
| Feb 10, 2022 | vanguard group inc | 11.51% | 8,749,719 | SC 13G/A | |
| Feb 01, 2022 | blackrock inc. | 8.0% | 6,060,157 | SC 13G/A | |
| Feb 16, 2021 | price t rowe associates inc /md/ | 7.2% | 5,517,459 | SC 13G/A | |
| Feb 16, 2021 | capital world investors | 2.8% | 2,104,510 | SC 13G/A | |
| Feb 10, 2021 | vanguard group inc | 11.13% | 8,429,764 | SC 13G/A | |
| Jan 29, 2021 | blackrock inc. | 7.9% | 5,954,195 | SC 13G/A | |
| Feb 14, 2020 | price t rowe associates inc /md/ | 7.0% | 5,358,445 | SC 13G/A |
Recent SEC filings of IDEX
View All Filings| Date Filed | Form Type | Document | |
|---|---|---|---|
| Sep 05, 2023 | 4 | Insider Trading | |
| Aug 30, 2023 | 8-K | Current Report | |
| Aug 30, 2023 | 8-K | Current Report | |
| Jul 27, 2023 | 8-K | Current Report | |
| Jul 27, 2023 | 10-Q | Quarterly Report |
IEX Fair Value
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Peers (Alternatives to IDEX)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
ITW | 70.3B | 16.1B | -4.36% | 23.75% | 22.66 | 4.37 | 5.86% | 17.15% |
IR | 24.3B | 6.5B | -8.87% | 44.94% | 40.13 | 4.1 | 16.93% | 6.34% |
XYL | 18.6B | 6.1B | -11.52% | 0.98% | 42.28 | 3.07 | 15.93% | 12.85% |
IEX | 15.7B | - | -9.87% | 2.41% | 26.71 | 5.23 | 15.09% | 14.53% |
GGG | 14.6B | 2.2B | -6.78% | 18.67% | 29.93 | 6.72 | 5.84% | 14.37% |
| MID-CAP | ||||||||
ITT | 7.8B | 3.2B | -3.38% | 42.86% | 18.32 | 2.47 | 11.48% | 25.05% |
DCI | 7.2B | 3.4B | -3.61% | 19.70% | 19.64 | 2.1 | 7.89% | 16.35% |
FLS | 5.2B | 4.0B | 1.81% | 58.84% | 21.88 | 1.31 | 13.86% | 149.05% |
| SMALL-CAP | ||||||||
ERII | 1.2B | 106.9M | -23.12% | -11.25% | 110.91 | 10.95 | -0.30% | -11.09% |
GRC | 822.3M | 631.3M | 2.45% | 30.65% | 37.99 | 1.3 | 51.20% | -1.04% |
TWIN | 180.1M | 269.0M | -5.99% | 25.26% | 18.62 | 0.67 | 15.38% | 145.94% |
MNTX | 92.9M | 285.3M | -3.16% | 2.23% | -38.44 | 0.33 | 21.74% | 78.41% |
NNBR | 88.9M | 497.6M | -10.00% | -9.57% | -2.29 | 0.18 | 3.44% | -162.21% |
IDEX News
Returns for IEX
Cumulative Returns on IEX
13.5%
10-Year Cumulative Returns
13.2%
7-Year Cumulative Returns
7.1%
5-Year Cumulative Returns
5.3%
3-Year Cumulative Returns
Risks for IEX
What is the probability of a big loss on IEX?
48.9%
Probability that IDEX stock will be more than 20% underwater in next one year
18.5%
Probability that IDEX stock will be more than 30% underwater in next one year.
0%
Probability that IDEX stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.
How does IEX drawdown profile look like?
Y-axis is the maximum loss one would have experienced if IDEX was unfortunately bought at previous high price.
Drawdowns
Financials for IDEX
Income Statement (Last 12 Months)(In Millions)
| Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | - | - | - | - | 3,086 | 2,974 | 2,864 | 2,765 | 2,665 | 2,534 | 2,409 | 2,352 | 2,343 | 2,386 | 2,467 | 2,495 | 2,503 | 2,501 | 2,494 | 2,484 | 2,455 | 2,407 |
| Gross Profit | 1.4% | 1,488 | 1,467 | 1,427 | 1,395 | 1,325 | 1,274 | 1,225 | 1,179 | 1,119 | 1,048 | 1,027 | 1,025 | 1,056 | 1,113 | 1,125 | 1,132 | 1,130 | 1,125 | 1,118 | 1,105 | 1,083 |
| S&GA Expenses | 1.0% | 695 | 688 | 653 | 635 | 621 | 598 | 578 | 552 | 522 | 498 | 495 | 496 | 506 | 521 | 525 | 530 | 532 | 534 | 537 | 538 | 539 |
| EBITDA | -100.0% | - | 844 | 841 | 829 | 747 | 759 | 724 | 684 | 654 | 617 | 599 | 586 | 594 | 645 | 654 | - | - | - | - | - | - |
| EBITDA Margin | - | - | - | 0.26* | 0.27* | 0.25* | 0.26* | 0.26* | 0.26* | 0.26* | 0.26* | 0.25* | 0.25* | 0.25* | 0.26* | 0.26* | - | - | - | - | - | - |
| Interest Expenses | 8.6% | 48.00 | 44.00 | 41.00 | 38.00 | 38.00 | 40.00 | 41.00 | 42.00 | 43.00 | 45.00 | 45.00 | 45.00 | 46.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 | 44.00 |
| Earnings Before Taxes | 0.2% | 750 | 749 | 749 | 739 | 662 | 615 | 580 | 556 | 527 | 488 | 470 | 463 | 470 | 523 | 533 | 540 | 544 | 536 | 529 | 524 | 504 |
| EBT Margin | - | - | - | 0.24* | 0.24* | 0.22* | 0.21* | 0.21* | 0.21* | 0.21* | 0.20* | 0.20* | 0.20* | 0.20* | 0.21* | 0.21* | - | - | - | - | - | - |
| Net Income | 0.1% | 587 | 587 | 587 | 576 | 513 | 477 | 449 | 432 | 420 | 388 | 378 | 374 | 375 | 417 | 426 | 427 | 428 | 422 | 411 | 406 | 384 |
| Net Income Margin | - | - | - | 0.18* | 0.19* | 0.17* | 0.17* | 0.16* | 0.16* | 0.17* | 0.16* | 0.16* | 0.16* | 0.16* | 0.17* | 0.17* | - | - | - | - | - | - |
| Free Cashflow | -100.0% | - | 547 | 489 | 478 | 438 | 462 | 493 | 506 | 500 | 540 | 518 | 506 | 516 | 473 | 477 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | 1.1% | 5,720 | 5,658 | 5,512 | 4,893 | 4,913 | 5,000 | 4,917 | 4,855 | 4,783 | 4,461 | 4,414 | 4,226 | 4,074 | 3,944 | 3,814 | 3,714 | 3,640 | 3,551 | 3,474 | 3,555 | 3,483 |
| Current Assets | -2.4% | 1,488 | 1,525 | 1,399 | 1,635 | 1,551 | 1,681 | 1,678 | 1,583 | 1,494 | 1,651 | 1,657 | 1,521 | 1,397 | 1,289 | 1,261 | 1,191 | 1,217 | 1,129 | 1,093 | 1,155 | 1,114 |
| Cash Equivalents | -10.5% | 457 | 511 | 430 | 681 | 558 | 733 | 855 | 807 | 714 | 958 | 1,026 | 878 | 746 | 569 | 633 | 516 | 543 | 456 | 466 | 492 | 459 |
| Inventory | -3.0% | 483 | 498 | 471 | 455 | 457 | 429 | 370 | 354 | 360 | 305 | 290 | 302 | 325 | 341 | 293 | 303 | 301 | 298 | 280 | 287 | 284 |
| Net PPE | 6.2% | 422 | 397 | 382 | 304 | 323 | 326 | 327 | 315 | 313 | 303 | 298 | 293 | 282 | 283 | 280 | 273 | 275 | 272 | 281 | 277 | 268 |
| Goodwill | 2.1% | 2,714 | 2,658 | 2,638 | 2,191 | 2,239 | 2,214 | 2,168 | 2,197 | 2,211 | 1,929 | 1,896 | 1,864 | 1,843 | 1,832 | 1,780 | 1,774 | - | - | - | - | - |
| Liabilities | 0.5% | 2,441 | 2,429 | 2,472 | 2,090 | 2,125 | 2,101 | 2,114 | 2,128 | 2,110 | 1,851 | 1,874 | 1,829 | 1,813 | 1,714 | 1,551 | 1,551 | 1,528 | 1,496 | 1,479 | 1,494 | 1,494 |
| Current Liabilities | -1.1% | 487 | 492 | 544 | 507 | 514 | 468 | 480 | 469 | 450 | 378 | 399 | 410 | 401 | 367 | 358 | 371 | 362 | 339 | 365 | 360 | 347 |
| Short Term Borrowings | - | - | - | - | - | - | - | - | - | - | - | 0.00 | - | - | - | 0.00 | - | - | - | 0.00 | - | - |
| LT Debt, Non Current | 0.1% | 1,472 | 1,471 | 1,469 | 1,191 | 1,191 | 1,191 | 1,190 | 1,190 | 1,190 | 1,045 | 1,044 | 1,044 | 1,044 | 999 | 849 | 849 | 849 | 848 | 848 | 848 | 859 |
| Shareholder's Equity | 1.5% | 3,279 | 3,230 | 3,039 | 2,803 | 2,788 | 2,899 | 2,803 | 2,726 | 2,673 | 2,610 | 2,540 | 2,397 | 2,261 | 2,230 | 2,263 | 2,163 | 2,112 | 2,055 | 1,995 | 2,061 | 1,989 |
| Retained Earnings | 1.1% | 3,713 | 3,672 | 3,532 | 3,447 | 3,314 | 3,267 | 3,127 | 3,049 | 2,974 | 2,954 | 2,842 | 2,778 | 2,712 | 2,717 | 2,615 | 2,556 | 2,490 | 2,452 | 2,342 | 2,277 | 2,203 |
| Additional Paid-In Capital | 0.5% | 834 | 830 | 817 | 812 | 809 | 802 | 796 | 791 | 786 | 781 | 775 | 778 | 773 | 767 | 760 | 755 | 749 | 744 | 738 | 733 | 728 |
| Accumulated Depreciation | 1.9% | 539 | 529 | 517 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Shares Outstanding | 0% | 76.00 | 76.00 | - | 75.00 | 76.00 | 76.00 | - | 76.00 | 76.00 | 76.00 | 76.00 | 75.00 | 75.00 | 76.00 | 76.00 | 76.00 | 75.00 | 75.00 | 76.00 | 77.00 | 77.00 |
| Minority Interest | -33.3% | 0.00 | 0.00 | 0.00 | -0.20 | -0.20 | -0.10 | - | 0.00 | 0.00 | 0.00 | 0.00 | - | - | - | - | - | - | - | - | - | - |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 4.6% | 655 | 626 | 557 | 553 | 512 | 536 | 565 | 564 | 561 | 594 | 569 | 559 | 562 | 524 | 528 | 530 | 507 | 496 | 479 | 462 | 453 |
| Share Based Compensation | -9.7% | 25.00 | 28.00 | 22.00 | 21.00 | 23.00 | 21.00 | 20.00 | 9.00 | 12.00 | 14.00 | 15.00 | 23.00 | 21.00 | 21.00 | 22.00 | 26.00 | 26.00 | 25.00 | 25.00 | 26.00 | 25.00 |
| Cashflow From Investing | -1.4% | -833 | -822 | -917 | -298 | -348 | -703 | -698 | -641 | -641 | -158 | -172 | -170 | -252 | -258 | -137 | -138 | -80.06 | -83.68 | -81.43 | -96.54 | -61.13 |
| Cashflow From Financing | 675.2% | 67.00 | -11.70 | -37.80 | -308 | -270 | -40.40 | -9.50 | 3.00 | 19.00 | -75.20 | -42.60 | -55.74 | -106 | -148 | -227 | -348 | -336 | -350 | -290 | -175 | -163 |
| Dividend Payments | 1.6% | 184 | 182 | 177 | 173 | 169 | 164 | 161 | 158 | 155 | 151 | 152 | 152 | 152 | 152 | 147 | 142 | 137 | 132 | 127 | 123 | 119 |
| Buy Backs | -68.2% | 39.00 | 122 | 148 | 146 | 110 | 26.00 | - | -0.04 | -0.04 | 1.00 | 110 | 110 | 110 | 113 | 55.00 | 178 | 209 | 225 | 174 | 57.00 | 39.00 |
IEX Income Statement
2023-06-30CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Jun. 30, 2023 | Jun. 30, 2022 | Jun. 30, 2023 | Jun. 30, 2022 | |
| Income Statement [Abstract] | ||||
| Net sales | $ 846.2 | $ 796.1 | $ 1,691.6 | $ 1,547.2 |
| Cost of sales | 468.2 | 439.2 | 931.1 | 847.8 |
| Gross profit | 378.0 | 356.9 | 760.5 | 699.4 |
| Selling, general and administrative expenses | 174.3 | 167.5 | 364.0 | 321.8 |
| Restructuring expenses and asset impairments | 3.6 | 2.8 | 4.1 | 3.4 |
| Operating income | 200.1 | 186.6 | 392.4 | 374.2 |
| Other expense (income) - net | 8.3 | 0.0 | 7.7 | (2.3) |
| Interest expense | 13.3 | 9.5 | 26.4 | 19.0 |
| Income before income taxes | 178.5 | 177.1 | 358.3 | 357.5 |
| Provision for income taxes | 40.0 | 39.0 | 80.0 | 79.5 |
| Net income | 138.5 | 138.1 | 278.3 | 278.0 |
| Net loss attributable to noncontrolling interest | 0.1 | 0.1 | 0.1 | 0.2 |
| Net income attributable to IDEX | $ 138.6 | $ 138.2 | $ 278.4 | $ 278.2 |
| Earnings per common share: | ||||
| Basic earnings per common share attributable to IDEX (in dollars per share) | $ 1.83 | $ 1.82 | $ 3.68 | $ 3.66 |
| Diluted earnings per common share attributable to IDEX (in dollars per share) | $ 1.82 | $ 1.81 | $ 3.66 | $ 3.65 |
| Share data: | ||||
| Basic weighted average common shares outstanding (in shares) | 75.6 | 75.8 | 75.6 | 76.0 |
| Diluted weighted average common shares outstanding (in shares) | 75.9 | 76.1 | 75.9 | 76.2 |
IEX Balance Sheet
2023-06-30CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
|---|---|---|
| Current assets | ||
| Cash and cash equivalents | $ 457.0 | $ 430.2 |
| Receivables, less allowance for credit losses of $7.0 and $8.0, respectively | 455.2 | 442.8 |
| Inventories | 482.5 | 470.9 |
| Other current assets | 93.2 | 55.4 |
| Total current assets | 1,487.9 | 1,399.3 |
| Property, plant and equipment, net of accumulated depreciation of $538.8 and $516.7, respectively | 421.6 | 382.1 |
| Goodwill | 2,714.4 | 2,638.1 |
| Intangible assets - net | 957.3 | 947.8 |
| Other noncurrent assets | 138.7 | 144.6 |
| Total assets | 5,719.9 | 5,511.9 |
| Current liabilities | ||
| Trade accounts payable | 189.7 | 208.9 |
| Accrued expenses | 247.9 | 289.1 |
| Short-term borrowings | 0.5 | 0.0 |
| Dividends payable | 48.5 | 45.6 |
| Total current liabilities | 486.6 | 543.6 |
| Long-term borrowings | 1,471.5 | 1,468.7 |
| Deferred income taxes | 286.1 | 264.2 |
| Other noncurrent liabilities | 196.8 | 195.8 |
| Total liabilities | 2,441.0 | 2,472.3 |
| Commitments and contingencies | ||
| Preferred stock: | ||
| Authorized: 5,000,000 shares, $.01 per share par value; Issued: None | 0.0 | 0.0 |
| Common stock: | ||
| Authorized: 150,000,000 shares, $.01 per share par value, Issued: 90,073,221 shares at June 30, 2023 and 90,064,988 shares at December 31, 2022 | 0.9 | 0.9 |
| Additional paid-in capital | 834.2 | 817.2 |
| Retained earnings | 3,713.4 | 3,531.7 |
| Treasury stock at cost: 14,367,209 shares at June 30, 2023 and 14,451,032 shares at December 31, 2022 | (1,182.0) | (1,184.3) |
| Accumulated other comprehensive loss | (87.8) | (126.2) |
| Total shareholders’ equity | 3,278.7 | 3,039.3 |
| Noncontrolling interest | 0.2 | 0.3 |
| Total equity | 3,278.9 | 3,039.6 |
| Total liabilities and equity | $ 5,719.9 | $ 5,511.9 |
IDEX Corporation, together with its subsidiaries, provides applied solutions worldwide. The company operates through three segments: Fluid & Metering Technologies (FMT), Health & Science Technologies (HST), and Fire & Safety/Diversified Products (FSDP). The FMT segment designs, produces, and distributes positive displacement pumps, small volume provers, flow meters, injectors, and other fluid-handling pump modules and systems, as well as offers flow monitoring and other services for the food, chemical, general industrial, water and wastewater, agricultural, and energy industries. The HST segment designs, produces, and distributes precision fluidics, rotary lobe pumps, centrifugal and positive displacement pumps, roll compaction and drying systems, pneumatic components and sealing solutions, high performance molded and extruded sealing components, custom mechanical and shaft seals, engineered hygienic mixers and valves, biocompatible medical devices and implantables, air compressors and blowers, optical components and coatings, laboratory and commercial equipment, precision photonic solutions, and precision gear and peristaltic pump technologies. This segment serves food and beverage, pharmaceutical and biopharmaceutical, cosmetics, marine, chemical, wastewater and water treatment, life sciences, research, and defense markets. The FSDP segment designs, produces, and distributes firefighting pumps, valves and controls, rescue tools, lifting bags, and other components and systems for the fire and rescue industry; engineered stainless steel banding and clamping devices for various industrial and commercial applications; and precision equipment for dispensing, metering, and mixing colorants and paints used in retail and commercial businesses. IDEX Corporation was incorporated in 1987 and is headquartered in Northbrook, Illinois.