Segment and Geographic Data

12 Months Ended

Apr. 29, 2023

Segment Reporting [Abstract]

Segment and Geographic Data

Segment and Geographic Data

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, 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 business units based on the through-put of the unit.

The following tables present information about our reportable segments and the geographic areas in which we operate:

	Fiscal Year Ended
	April 29, 2023		April 30, 2022		April 24, 2021
Consolidated net sales
United States	$	5,423,931	$	5,358,489	$	4,877,070
United Kingdom	655,103		717,481		677,910
Canada	392,437		423,435		357,086
Total	$	6,471,471	$	6,499,405	$	5,912,066
Dental net sales
United States	$	2,256,006	$	2,259,579	$	2,107,521
Canada	236,136		256,553		219,500
Total	$	2,492,142	$	2,516,132	$	2,327,021
Animal Health net sales
United States	$	3,153,518	$	3,098,511	$	2,744,498
United Kingdom	655,103		717,481		677,910
Canada	156,301		166,882		137,586
Total	$	3,964,922	$	3,982,874	$	3,559,994
Corporate net sales
United States	$	14,407	$	399	$	25,051
Total	$	14,407	$	399	$	25,051

	Fiscal Year Ended
	April 29, 2023		April 30, 2022		April 24, 2021
Consolidated net sales
Consumable	$	5,147,330	$	5,248,040	$	4,748,416
Equipment	950,403		920,424		822,063
Value-added services and other	373,738		330,941		341,587
Total	$	6,471,471	$	6,499,405	$	5,912,066
Dental net sales
Consumable	$	1,358,823	$	1,424,677	$	1,314,236
Equipment	823,978		800,144		730,928
Value-added services and other	309,341		291,311		281,857
Total	$	2,492,142	$	2,516,132	$	2,327,021
Animal Health net sales
Consumable	$	3,788,507	$	3,823,363	$	3,434,180
Equipment	126,425		120,280		91,135
Value-added services and other	49,990		39,231		34,679
Total	$	3,964,922	$	3,982,874	$	3,559,994
Corporate net sales
Value-added services and other	$	14,407	$	399	$	25,051
Total	$	14,407	$	399	$	25,051

	Fiscal Year Ended
	April 29, 2023		April 30, 2022		April 24, 2021
Operating income
Dental	$	237,268	$	180,212	$	201,244
Animal Health	126,994		114,403		88,123
Corporate	(88,291)		(137,613)		(78,760)
Consolidated operating income	$	275,971	$	157,002	$	210,607
Depreciation and amortization
Dental	$	14,051	$	13,495	$	7,774
Animal Health	44,644		44,561		45,771
Corporate	25,009		23,936		23,004
Consolidated depreciation and amortization	$	83,704	$	81,992	$	76,549

	April 29, 2023		April 30, 2022
Property and equipment, net
United States	$	177,163	$	200,839
United Kingdom	21,033		6,045
Canada	14,087		6,256
Total property and equipment, net	$	212,283	$	213,140
	April 29, 2023		April 30, 2022
Total assets
Dental	$	853,369	$	851,746
Animal Health	1,570,760		1,459,450
Corporate	455,017		430,434
Total assets	$	2,879,146	$	2,741,630