Segment Reporting

6 Months Ended

Oct. 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						Six Months Ended
	October 28, 2017			October 29, 2016			October 28, 2017			October 29, 2016
Net sales
Dental	$	553,630		$	601,553		$	1,072,437		$	1,156,568
Animal Health	823,583			807,146			1,599,719			1,569,777
Corporate	8,524			9,542			17,696			24,332
Consolidated net sales	$	1,385,737		$	1,418,241		$	2,689,852		$	2,750,677
Operating income (loss)
Dental	$	65,207		$	77,043		$	124,726		$	137,338
Animal Health	23,217			21,854			39,893			36,683
Corporate	(16,665		)	(19,094		)	(36,027		)	(28,802		)
Consolidated operating income	$	71,759		$	79,803		$	128,592		$	145,219

	October 28, 2017		April 29, 2017
Total assets
Dental	$	903,155	$	863,970
Animal Health	2,171,844		2,119,512
Corporate	453,480		524,431
Total assets	$	3,528,479	$	3,507,913

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

	Three Months Ended				Six Months Ended
	October 28, 2017		October 29, 2016		October 28, 2017		October 29, 2016
Net sales
Consumable	$	1,116,091	$	1,112,232	$	2,196,196	$	2,188,453
Equipment and software	181,337		217,194		318,286		378,140
Other	88,309		88,815		175,370		184,084
Consolidated net sales	$	1,385,737	$	1,418,241	$	2,689,852	$	2,750,677