Business Segment Information

3 Months Ended

Jan. 31, 2017

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.

Segment information:

Three Months Ended January 31,
(In millions)	2017			2016
CooperVision net sales by category:
Toric lens	$	120.7		$	107.5
Multifocal lens	42.4			40.3
Single-use sphere lens	99.5			90.8
Non single-use sphere and other	126.7			125.7
Total CooperVision net sales	389.3			364.3
CooperSurgical net sales	109.8			85.3
Total net sales	$	499.1		$	449.6
Operating income (loss):
CooperVision	$	87.3		$	52.8
CooperSurgical	16.4			15.5
Corporate	(13.0		)	(10.9		)
Total operating income	90.7			57.4
Interest expense	7.3			5.3
Other expense, net	3.3			1.4
Income before income taxes	$	80.1		$	50.7

(In millions)	January 31, 2017		October 31, 2016
Identifiable assets:
CooperVision	$	3,399.5	$	3,385.0
CooperSurgical	1,079.1		907.1
Corporate	178.1		186.5
Total	$	4,656.7	$	4,478.6

Geographic information:

Three Months Ended January 31,
(In millions)	2017		2016
Net sales to external customers by country of domicile:
United States	$	224.3	$	206.8
Europe	168.3		157.0
Rest of world	106.5		85.8
Total	$	499.1	$	449.6

(In millions)	January 31, 2017		October 31, 2016
Net property, plant and equipment by country of domicile:
United States	$	462.2	$	464.1
Europe	336.1		334.4
Rest of world	80.8		79.2
Total	$	879.1	$	877.7