Segment Reporting

9 Months Ended

Jan. 28, 2017

Segment Reporting [Abstract]

Segment Reporting

Segment Reporting

We present three reportable segments: Dental, Animal Health and Corporate. Dental and Animal Health are strategic business units that offer similar products and services to different customer bases. Dental provides a virtually complete range of consumable dental products, equipment and software, turnkey digital solutions and value-added services to dentists, dental laboratories, institutions, and other healthcare professionals throughout North America. Animal Health is a leading, full-line distributor in North America and the U.K. of animal health products, services and technologies to both the production-animal and companion-pet markets. Our Corporate segment is comprised of general and administrative expenses, including home office support costs in areas such as information technology, finance, legal, human resources and facilities. In addition, customer financing and other miscellaneous sales are reported within Corporate results. Corporate assets consist primarily of cash and cash equivalents, accounts receivable, property and equipment and long-term receivables. We evaluate segment performance based on operating income. The costs to operate the fulfillment centers are allocated to the operating units based on the through-put of the unit.

The following table presents information about our reportable segments:

	Three Months Ended						Nine Months Ended
	January 28, 2017			January 30, 2016			January 28, 2017			January 30, 2016
Net sales
Dental	$	626,343		$	637,651		$	1,782,911		$	1,814,090
Animal Health	762,577			749,713			2,332,354			2,081,463
Corporate	8,498			13,489			32,830			37,380
Consolidated net sales	$	1,397,418		$	1,400,853		$	4,148,095		$	3,932,933
Operating income (loss) from continuing operations
Dental	$	40,018		$	82,108		$	177,356		$	223,454
Animal Health	23,777			25,959			60,460			64,108
Corporate	(17,241		)	(12,338		)	(46,043		)	(46,193		)
Consolidated operating income from continuing operations	$	46,554		$	95,729		$	191,773		$	241,369

	January 28, 2017		April 30, 2016
Total assets
Dental	$	906,181	$	994,113
Animal Health	2,169,246		2,064,302
Corporate	518,635		462,389
Total assets	$	3,594,062	$	3,520,804

The following table presents sales information by product for all of our reportable segments:

	Three Months Ended				Nine Months Ended
	January 28, 2017		January 30, 2016		January 28, 2017		January 30, 2016
Net sales
Consumable	$	1,064,098	$	1,059,838	$	3,252,551	$	3,042,634
Equipment and software	249,047		248,779		627,187		610,071
Other	84,273		92,236		268,357		280,228
Consolidated net sales	$	1,397,418	$	1,400,853	$	4,148,095	$	3,932,933