Business Segment Information

3 Months Ended

Jan. 31, 2018

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.

Total 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)	2018			2017
CooperVision net sales by category:
Toric lens	$	137.8		$	120.7
Multifocal lens	46.9			42.4
Single-use sphere lens	116.3			99.5
Non single-use sphere and other	143.8			126.7
Total CooperVision net sales	444.8			389.3
CooperSurgical net sales	145.2			109.8
Total net sales	$	590.0		$	499.1
Operating income (loss):
CooperVision	$	112.3		$	87.3
CooperSurgical	(9.3		)	16.4
Corporate	(12.8		)	(13.0		)
Total operating income	90.2			90.7
Interest expense	18.4			7.3
Other (income) expense, net	(3.0		)	3.3
Income before income taxes	$	74.8		$	80.1

(In millions)	January 31, 2018		October 31, 2017
Total assets:
CooperVision	$	3,826.7	$	3,562.6
CooperSurgical	2,260.2		1,107.5
Corporate	181.7		188.6
Total	$	6,268.6	$	4,858.7

Geographic information:

Three Months Ended January 31,
(In millions)	2018		2017
Net sales to external customers by country of domicile:
United States	$	261.5	$	224.3
Europe	203.8		168.3
Rest of world	124.7		106.5
Total	$	590.0	$	499.1

(In millions)	January 31, 2018		October 31, 2017
Net property, plant and equipment by country of domicile:
United States	$	484.2	$	472.8
Europe	368.3		352.3
Rest of world	99.5		85.0
Total	$	952.0	$	910.1