Business Segment Information

9 Months Ended

Jul. 31, 2016

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 July 31,	Three Months						Nine Months
(In millions)	2016			2015			2016			2015
CooperVision net sales by category:
Toric lens	$	126.1		$	114.2		$	354.1		$	329.8
Multifocal lens	44.3			42.6			127.2			123.0
Single-use sphere lens	104.3			93.7			292.7			263.0
Non single-use sphere and other	135.2			135.0			391.5			398.6
Total CooperVision net sales	409.9			385.5			1,165.5			1,114.4
CooperSurgical net sales	104.8			76.2			282.7			227.1
Total net sales	$	514.7		$	461.7		$	1,448.2		$	1,341.5
Operating income (loss):
CooperVision	$	99.4		$	46.4		$	235.7		$	187.2
CooperSurgical	14.7			15.0			47.9			42.5
Corporate	(11.4		)	(11.1		)	(33.7		)	(35.3		)
Total operating income	102.7			50.3			249.9			194.4
Interest expense	8.0			4.7			20.9			13.3
Other expense, net	1.3			1.0			2.2			2.0
Income before income taxes	$	93.4		$	44.6		$	226.8		$	179.1

(In millions)	July 31, 2016		October 31, 2015
Identifiable assets:
CooperVision	$	3,532.7	$	3,714.6
CooperSurgical	920.8		674.8
Corporate	139.2		70.5
Total	$	4,592.7	$	4,459.9

Geographic information:

Periods Ended July 31,	Three Months				Nine Months
(In millions)	2016		2015		2016		2015
Net sales to external customers by country of domicile:
United States	$	227.8	$	203.0	$	656.0	$	604.3
Europe	182.8		173.8		505.8		487.6
Rest of world	104.1		84.9		286.4		249.6
Total	$	514.7	$	461.7	$	1,448.2	$	1,341.5

(In millions)	July 31, 2016		October 31, 2015
Long-lived assets by country of domicile:
United States	$	487.5	$	494.2
Europe	358.2		407.9
Rest of world	76.5		65.0
Total	$	922.2	$	967.1