Business Segment Information

9 Months Ended

Jul. 31, 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.

Total assets are those used in continuing operations except cash and cash equivalents, which we include as corporate assets.

Segment information:

Periods Ended July 31,	Three Months						Nine Months
(In millions)	2017			2016			2017			2016
CooperVision net sales by category:
Toric lens	$	138.3		$	126.1		$	390.8		$	354.1
Multifocal lens	46.8			44.3			132.1			127.2
Single-use sphere lens	115.8			104.3			319.5			292.7
Non single-use sphere and other	136.4			135.2			392.6			391.5
Total CooperVision net sales	437.3			409.9			1,235.0			1,165.5
CooperSurgical net sales	118.7			104.8			342.5			282.7
Total net sales	$	556.0		$	514.7		$	1,577.5		$	1,448.2
Operating income (loss):
CooperVision	$	109.5		$	99.4		$	308.9		$	235.7
CooperSurgical	14.9			14.7			48.2			47.9
Corporate	(11.6		)	(11.4		)	(36.5		)	(33.7		)
Total operating income	112.8			102.7			320.6			249.9
Interest expense	8.3			8.0			23.3			20.9
Other (income) expense, net	(3.2		)	1.3			(0.1		)	2.2
Income before income taxes	$	107.7		$	93.4		$	297.4		$	226.8

(In millions)	July 31, 2017		October 31, 2016
Total assets:
CooperVision	$	3,515.8	$	3,382.4
CooperSurgical	1,116.2		907.1
Corporate	150.8		189.1
Total	$	4,782.8	$	4,478.6

Geographic information:

Periods Ended July 31,	Three Months				Nine Months
(In millions)	2017		2016		2017		2016
Net sales to external customers by country of domicile:
United States	$	235.3	$	227.8	$	694.8	$	656.0
Europe	200.6		182.8		544.5		505.8
Rest of world	120.1		104.1		338.2		286.4
Total	$	556.0	$	514.7	$	1,577.5	$	1,448.2

(In millions)	July 31, 2017		October 31, 2016
Net property, plant and equipment by country of domicile:
United States	$	467.7	$	464.1
Europe	345.4		334.4
Rest of world	81.8		79.2
Total	$	894.9	$	877.7