Business Segment Information

6 Months Ended

Apr. 30, 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:

Periods Ended April 30,	Three Months						Six Months
(In thousands)	2015			2014			2015			2014
CooperVision net sales by category:
Toric lens	$	107,094		$	104,763		$	215,558		$	205,959
Multifocal lens	37,895			35,540			80,364			69,235
Single-use sphere lens	85,105			71,704			169,306			140,476
Non single-use sphere and other	129,509			119,075			263,707			241,715
Total CooperVision net sales	359,603			331,082			728,935			657,385
CooperSurgical net sales	75,073			81,235			150,912			159,912
Total net sales	$	434,676		$	412,317		$	879,847		$	817,297
Operating income (loss):
CooperVision	$	67,715		$	82,618		$	140,875		$	166,764
CooperSurgical	14,183			18,098			27,406			32,255
Corporate	(10,900		)	(11,792		)	(24,175		)	(28,472		)
Total operating income	70,998			88,924			144,106			170,547
Interest expense	4,692			1,558			8,633			3,214
Other income (expense), net	686			455			(1,016		)	(57		)
Income before income taxes	$	66,992		$	87,821		$	134,457		$	167,276

(In thousands)	April 30, 2015		October 31, 2014
Identifiable assets:
CooperVision	$	3,699,181	$	3,699,614
CooperSurgical	635,393		646,200
Corporate	58,086		112,526
Total	$	4,392,660	$	4,458,340

Geographic information:

Periods Ended April 30,	Three Months				Six Months
(In thousands)	2015		2014		2015		2014
Net sales to external customers by country of domicile:
United States	$	197,387	$	189,559	$	401,262	$	377,251
Europe	154,683		131,418		313,750		260,464
Rest of world	82,606		91,340		164,835		179,582
Total	$	434,676	$	412,317	$	879,847	$	817,297

(In thousands)	April 30, 2015		October 31, 2014
Long-lived assets by country of domicile:
United States	$	514,769	$	499,195
Europe	393,899		406,433
Rest of world	53,094		31,697
Total	$	961,762	$	937,325