Business Segment Information

6 Months Ended

Apr. 30, 2017

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.

Segment information:

Periods Ended April 30,	Three Months						Six Months
(In millions)	2017			2016			2017			2016
CooperVision net sales by category:
Toric lens	$	131.8		$	120.5		$	252.5		$	228.0
Multifocal lens	42.9			42.5			85.3			82.9
Single-use sphere lens	104.1			97.6			203.7			188.4
Non single-use sphere and other	129.7			130.6			256.3			256.3
Total CooperVision net sales	408.5			391.2			797.8			755.6
CooperSurgical net sales	113.9			92.6			223.7			177.8
Total net sales	$	522.4		$	483.8		$	1,021.5		$	933.4
Operating income (loss):
CooperVision	$	112.1		$	83.6		$	199.4		$	136.4
CooperSurgical	16.8			17.7			33.3			33.1
Corporate	(11.8		)	(11.5		)	(24.9		)	(22.3		)
Total operating income	117.1			89.8			207.8			147.2
Interest expense	7.7			7.6			15.0			12.9
Other (income) expense, net	(0.1		)	(0.4		)	3.2			0.9
Income before income taxes	$	109.5		$	82.6		$	189.6		$	133.4

(In millions)	April 30, 2017		October 31, 2016
Identifiable assets:
CooperVision	$	3,454.0	$	3,382.4
CooperSurgical	1,086.4		907.1
Corporate	209.4		189.1
Total	$	4,749.8	$	4,478.6

Geographic information:

Periods Ended April 30,	Three Months				Six Months
(In millions)	2017		2016		2017		2016
Net sales to external customers by country of domicile:
United States	$	235.3	$	221.4	$	459.5	$	428.2
Europe	175.6		165.9		343.9		323.0
Rest of world	111.5		96.5		218.1		182.2
Total	$	522.4	$	483.8	$	1,021.5	$	933.4

(In millions)	April 30, 2017		October 31, 2016
Net property, plant and equipment by country of domicile:
United States	$	463.4	$	464.1
Europe	342.2		334.4
Rest of world	80.9		79.2
Total	$	886.5	$	877.7