Segment and Geographic Data

12 Months Ended

Apr. 27, 2024

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 27, 2024		April 29, 2023		April 30, 2022
Consolidated net sales
United States	$	5,438,727	$	5,423,931	$	5,358,489
United Kingdom	759,184		655,103		717,481
Canada	370,361		392,437		423,435
Total	$	6,568,272	$	6,471,471	$	6,499,405
Dental net sales
United States	$	2,260,198	$	2,256,006	$	2,259,579
Canada	228,436		236,136		256,553
Total	$	2,488,634	$	2,492,142	$	2,516,132
Animal Health net sales
United States	$	3,165,960	$	3,153,518	$	3,098,511
United Kingdom	759,184		655,103		717,481
Canada	141,925		156,301		166,882
Total	$	4,067,069	$	3,964,922	$	3,982,874
Corporate net sales
United States	$	12,569	$	14,407	$	399
Total	$	12,569	$	14,407	$	399

	Fiscal Year Ended
	April 27, 2024		April 29, 2023		April 30, 2022
Consolidated net sales
Consumable	$	5,274,012	$	5,147,330	$	5,248,040
Equipment	888,597		950,403		920,424
Value-added services and other	405,663		373,738		330,941
Total	$	6,568,272	$	6,471,471	$	6,499,405
Dental net sales
Consumable	$	1,415,789	$	1,358,823	$	1,424,677
Equipment	766,345		823,978		800,144
Value-added services and other	306,500		309,341		291,311
Total	$	2,488,634	$	2,492,142	$	2,516,132
Animal Health net sales
Consumable	$	3,858,223	$	3,788,507	$	3,823,363
Equipment	122,252		126,425		120,280
Value-added services and other	86,594		49,990		39,231
Total	$	4,067,069	$	3,964,922	$	3,982,874
Corporate net sales
Value-added services and other	$	12,569	$	14,407	$	399
Total	$	12,569	$	14,407	$	399

	Fiscal Year Ended
	April 27, 2024		April 29, 2023		April 30, 2022
Operating income
Dental	$	209,807	$	237,268	$	180,212
Animal Health	139,077		126,994		114,403
Corporate	(95,960)		(88,291)		(137,613)
Consolidated operating income	$	252,924	$	275,971	$	157,002
Depreciation and amortization
Dental	$	15,932	$	14,051	$	13,495
Animal Health	46,462		44,644		44,561
Corporate	25,762		25,009		23,936
Consolidated depreciation and amortization	$	88,156	$	83,704	$	81,992

	April 27, 2024		April 29, 2023
Property and equipment, net
United States	$	180,835	$	177,163
United Kingdom	24,671		21,033
Canada	23,575		14,087
Total property and equipment, net	$	229,081	$	212,283
	April 27, 2024		April 29, 2023
Total assets
Dental	$	913,478	$	853,369
Animal Health	1,568,413		1,570,760
Corporate	414,841		455,017
Total assets	$	2,896,732	$	2,879,146