Business Segment Information

3 Months Ended

Jan. 31, 2015

Segment Reporting [Abstract]

Business Segment Information

Business Segment Information

Cooper uses operating income, as presented in our financial reports, as the primary measure of segment profitability. We do not allocate costs from corporate functions to segment operating income. Items below operating income are not considered when measuring the profitability of a segment. We use the same accounting policies to generate segment results as we do for our consolidated results.

Identifiable assets are those used in continuing operations except cash and cash equivalents, which we include as corporate assets. Long-lived assets are property, plant and equipment.

Segment information:

Three Months Ended January 31,
(In thousands)	2015			2014
CooperVision net sales by category:
Toric lens	$	108,464		$	101,196
Multifocal lens	42,470			33,695
Single-use sphere lens	84,201			68,772
Non single-use sphere and other	134,197			122,640
Total CooperVision net sales	369,332			326,303
CooperSurgical net sales	75,839			78,677
Total net sales	$	445,171		$	404,980
Operating income (loss):
CooperVision	$	73,160		$	84,146
CooperSurgical	13,223			14,156
Corporate	(13,275		)	(16,680		)
Total operating income	73,108			81,622
Interest expense	3,941			1,656
Other expense, net	1,702			510
Income before income taxes	$	67,465		$	79,456

(In thousands)	January 31, 2015		October 31, 2014
Identifiable assets:
CooperVision	$	3,642,928	$	3,699,614
CooperSurgical	633,981		646,200
Corporate	58,835		112,526
Total	$	4,335,744	$	4,458,340

Geographic information:

Three Months Ended January 31,
(In thousands)	2015		2014
Net sales to external customers by country of domicile:
United States	$	203,875	$	187,693
Europe	159,067		129,046
Rest of world	82,229		88,241
Total	$	445,171	$	404,980

(In thousands)	January 31, 2015		October 31, 2014
Long-lived assets by country of domicile:
United States	$	505,570	$	499,195
Europe	383,105		406,433
Rest of world	39,952		31,697
Total	$	928,627	$	937,325