Segment Reporting

3 Months Ended

Jul. 29, 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
	July 29, 2017			July 30, 2016
Net sales
Dental	$	518,807		$	555,015
Animal Health	776,136			762,631
Corporate	9,172			14,790
Consolidated net sales	$	1,304,115		$	1,332,436
Operating income (loss)
Dental	$	59,519		$	60,295
Animal Health	16,676			14,829
Corporate	(19,362		)	(9,708		)
Consolidated operating income	$	56,833		$	65,416

	July 29, 2017		April 29, 2017
Total assets
Dental	$	874,097	$	863,970
Animal Health	2,148,244		2,119,512
Corporate	472,901		524,431
Total assets	$	3,495,242	$	3,507,913

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

	Three Months Ended
	July 29, 2017		July 30, 2016
Net sales
Consumable	$	1,080,105	$	1,076,221
Equipment and software	136,949		160,946
Other	87,061		95,269
Consolidated net sales	$	1,304,115	$	1,332,436