Business Segment Information

9 Months Ended

Jul. 31, 2015

Segment Reporting [Abstract]

Business Segment Information

Business Segment Information

Cooper uses operating income, as presented in our financial reports, as the primary measure of segment profitability. We do not allocate costs from corporate functions to segment operating income. Items below operating income are not considered when measuring the profitability of a segment. We use the same accounting policies to generate segment results as we do for our consolidated results.

Identifiable assets are those used in continuing operations except cash and cash equivalents, which we include as corporate assets. Long-lived assets are property, plant and equipment.

Segment information:

Periods Ended July 31,	Three Months						Nine Months
(In thousands)	2015			2014			2015			2014
CooperVision net sales by category:
Toric lens	$	114,227		$	112,330		$	329,784		$	318,290
Multifocal lens	42,620			38,393			122,985			107,627
Single-use sphere lens	93,730			73,834			263,037			214,310
Non single-use sphere and other	134,893			125,343			398,599			367,058
Total CooperVision net sales	385,470			349,900			1,114,405			1,007,285
CooperSurgical net sales	76,208			82,582			227,119			242,494
Total net sales	$	461,678		$	432,482		$	1,341,524		$	1,249,779
Operating income (loss):
CooperVision	$	46,359		$	88,386		$	187,233		$	255,150
CooperSurgical	15,043			18,419			42,451			50,673
Corporate	(11,091		)	(10,240		)	(35,266		)	(38,712		)
Total operating income	50,311			96,565			194,418			267,111
Interest expense	4,690			1,499			13,323			4,713
Other expense, net	1,020			683			2,037			739
Income before income taxes	$	44,601		$	94,383		$	179,058		$	261,659

(In thousands)	July 31, 2015		October 31, 2014
Identifiable assets:
CooperVision	$	3,735,893	$	3,699,614
CooperSurgical	628,800		646,200
Corporate	57,989		112,526
Total	$	4,422,682	$	4,458,340

Geographic information:

Periods Ended July 31,	Three Months				Nine Months
(In thousands)	2015		2014		2015		2014
Net sales to external customers by country of domicile:
United States	$	203,019	$	196,032	$	604,281	$	573,282
Europe	173,829		145,543		487,579		406,007
Rest of world	84,830		90,907		249,664		270,490
Total	$	461,678	$	432,482	$	1,341,524	$	1,249,779

(In thousands)	July 31, 2015		October 31, 2014
Long-lived assets by country of domicile:
United States	$	497,050	$	499,195
Europe	418,700		406,433
Rest of world	59,126		31,697
Total	$	974,876	$	937,325