Business Segment Information

6 Months Ended

Apr. 30, 2016

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 April 30,	Three Months						Six Months
(In millions)	2016			2015			2016			2015
CooperVision net sales by category:
Toric lens	$	120.5		$	107.1		$	228.0		$	215.6
Multifocal lens	42.5			37.9			82.9			80.4
Single-use sphere lens	97.6			85.1			188.4			169.3
Non single-use sphere and other	130.6			129.5			256.3			263.6
Total CooperVision net sales	391.2			359.6			755.6			728.9
CooperSurgical net sales	92.6			75.1			177.8			150.9
Total net sales	$	483.8		$	434.7		$	933.4		$	879.8
Operating income (loss):
CooperVision	$	83.6		$	67.7		$	136.4		$	140.9
CooperSurgical	17.7			14.2			33.1			27.4
Corporate	(11.5		)	(10.9		)	(22.3		)	(24.2		)
Total operating income	89.8			71.0			147.2			144.1
Interest expense	7.6			4.7			12.9			8.6
Other (income) expense, net	(0.4		)	(0.7		)	1.0			1.0
Income before income taxes	$	82.6		$	67.0		$	133.4		$	134.5

(In millions)	April 30, 2016		October 31, 2015
Identifiable assets:
CooperVision	$	3,678.9	$	3,714.6
CooperSurgical	817.6		674.8
Corporate	104.8		70.5
Total	$	4,601.3	$	4,459.9

Geographic information:

Periods Ended April 30,	Three Months				Six Months
(In millions)	2016		2015		2016		2015
Net sales to external customers by country of domicile:
United States	$	221.4	$	197.4	$	428.2	$	401.3
Europe	165.9		154.7		323.0		313.8
Rest of world	96.5		82.6		182.2		164.7
Total	$	483.8	$	434.7	$	933.4	$	879.8

(In millions)	April 30, 2016		October 31, 2015
Long-lived assets by country of domicile:
United States	$	500.9	$	494.2
Europe	391.6		407.9
Rest of world	71.9		65.0
Total	$	964.4	$	967.1