Segment and Geographic Data

3 Months Ended

Jul. 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, 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 provides a breakdown of sales by geographic region:

	Three Months Ended
	July 27, 2024		July 29, 2023
Consolidated net sales
United States	$	1,261,866	$	1,291,371
United Kingdom	195,046		191,611
Canada	84,830		93,763
Total	$	1,541,742	$	1,576,745
Dental net sales
United States	$	498,957	$	510,250
Canada	51,400		57,050
Total	$	550,357	$	567,300
Animal Health net sales
United States	$	753,937	$	782,666
United Kingdom	195,046		191,611
Canada	33,430		36,713
Total	$	982,413	$	1,010,990
Corporate net sales
United States	$	8,972	$	(1,545)
Total	$	8,972	$	(1,545)

The following table provides a breakdown of sales by categories of products and services:

	Three Months Ended
	July 27, 2024		July 29, 2023
Consolidated net sales
Consumable	$	1,278,413	$	1,315,725
Equipment	159,286		163,971
Value-added services and other	104,043		97,049
Total	$	1,541,742	$	1,576,745
Dental net sales
Consumable	$	344,117	$	352,047
Equipment	133,858		137,549
Value-added services and other	72,382		77,704
Total	$	550,357	$	567,300
Animal Health net sales
Consumable	$	934,296	$	963,678
Equipment	25,428		26,422
Value-added services and other	22,689		20,890
Total	$	982,413	$	1,010,990
Corporate net sales
Value-added services and other	$	8,972	$	(1,545)
Total	$	8,972	$	(1,545)

The following table provides a breakdown of operating income (loss) by reportable segment:

	Three Months Ended
	July 27, 2024		July 29, 2023
Operating income (loss)
Dental	$	27,058	$	38,670
Animal Health	25,367		29,693
Corporate	(23,056)		(30,141)
Total	$	29,369	$	38,222

The following table provides a breakdown of total assets by reportable segment:

	July 27, 2024		April 27, 2024
Total assets
Dental	$	911,350	$	913,478
Animal Health	1,611,533		1,568,413
Corporate	351,875		414,841
Total	$	2,874,758	$	2,896,732