Business Segment Information

6 Months Ended

Apr. 30, 2018

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 April 30,	Three Months						Six Months
(In millions)	2018			2017			2018			2017
CooperVision net sales by category:
Toric lens	$	150.8		$	131.8		$	288.6		$	252.5
Multifocal lens	49.1			42.9			96.1			85.3
Single-use sphere lens	124.4			104.1			240.7			203.7
Non single-use sphere and other	143.2			129.7			286.9			256.3
Total CooperVision net sales	467.5			408.5			912.3			797.8
CooperSurgical net sales	163.8			113.9			309.0			223.7
Total net sales	$	631.3		$	522.4		$	1,221.3		$	1,021.5
Operating income (loss):
CooperVision	$	123.5		$	112.1		$	235.8		$	199.4
CooperSurgical	(29.8		)	16.8			(39.2		)	33.3
Corporate	(19.0		)	(11.8		)	(31.8		)	(24.9		)
Total operating income	74.7			117.1			164.8			207.8
Interest expense	18.7			7.7			37.1			15.0
Other expense (income), net	2.0			(0.1		)	(1.1		)	3.2
Income before income taxes	$	54.0		$	109.5		$	128.8		$	189.6

(In millions)	April 30, 2018		October 31, 2017
Total assets:
CooperVision	$	3,812.4	$	3,562.6
CooperSurgical	2,334.6		1,107.5
Corporate	267.4		188.6
Total	$	6,414.4	$	4,858.7

Geographic information:

Periods Ended April 30,	Three Months				Six Months
(In millions)	2018		2017		2018		2017
Net sales to external customers by country of domicile:
United States	$	293.2	$	235.3	$	554.6	$	459.5
Europe	210.4		175.6		413.8		343.9
Rest of world	127.7		111.5		252.9		218.1
Total	$	631.3	$	522.4	$	1,221.3	$	1,021.5

(In millions)	April 30, 2018		October 31, 2017
Net property, plant and equipment by country of domicile:
United States	$	495.8	$	472.8
Europe	363.9		352.3
Rest of world	106.8		85.0
Total	$	966.5	$	910.1