Segment Information (Tables)

12 Months Ended

Jan. 31, 2015

Segment Reporting Information, Additional Information [Abstract]

Financial Information By Geographic Segment

Financial information by geographic segment is as follows:



	Year ended January 31,
	2015			2014			2013
	(In thousands)
Net sales to unaffiliated customers:
Americas ⁽¹⁾	$	10,406,209		$	10,188,618		$	9,823,515
Europe	17,264,423			16,633,286			15,534,814
Total	$	27,670,632		$	26,821,904		$	25,358,329

Operating income:
Americas ⁽²⁾ ^{(3) (4)}	$	145,107		$	156,143		$	150,055
Europe ^{(5) (6) (7)}	136,196			80,228			127,281
Stock-based compensation expense	(13,668		)	(8,858		)	(13,616		)
Total	$	267,635		$	227,513		$	263,720

Depreciation and amortization:
Americas	$	16,653		$	16,763		$	16,210
Europe	52,093			56,216			42,143
Total	$	68,746		$	72,979		$	58,353

Capital expenditures:
Americas	$	13,798		$	9,530		$	19,842
Europe	14,377			19,339			18,523
Total	$	28,175		$	28,869		$	38,365



	As of
	January 31, 2015		January 31, 2014
	(In thousands)
Identifiable assets:
Americas	$	1,950,935	$	1,984,895
Europe	4,187,311		5,184,771
Total	$	6,138,246	$	7,169,666

Long-lived assets:
Americas ⁽¹⁾	$	24,121	$	28,091
Europe	38,983		49,540
Total	$	63,104	$	77,631

Goodwill & acquisition-related intangible assets, net:
Americas	$	8,810	$	8,936
Europe	309,158		386,919
Total	$	317,968	$	395,855

(1)

Net sales to unaffiliated customers in the United States represented 85%, 86% and 85%, respectively, of the total Americas' net sales to unaffiliated customers for the fiscal years ended January 31, 2015, 2014 and 2013, respectively. Total long-lived assets excluding goodwill, intangible assets and investments in subsidiaries in the United States represented 92% and 90% of the Americas' total long-lived assets at January 31, 2015 and 2014, respectively.


(2)	Operating income in the Americas for the fiscal year ended January 31, 2015 includes a gain associated with legal settlements of $5.1 million and restatement and remediation related expenses of $4.0 million (see Note 1 - Business and Summary of Significant Accounting Policies).


(3)	Operating income in the Americas for the fiscal year ended January 31, 2015 includes a $1.3 million loss on disposal of subsidiaries related to the plan to sell certain of the Company’s operations in Latin America (see Note 6 - Loss on Disposal of Subsidiaries).


(4)	Operating income in the Americas for the fiscal year ended January 31, 2014 includes a gain associated with legal settlements of $35.5 million and restatement and remediation related expenses of $13.2 million (see Note 1 - Business and Summary of Significant Accounting Policies).


(5)	Operating income in Europe for the fiscal year ended January 31, 2015 includes restatement and remediation related expenses of $18.1 million and a decrease in the accrual for value added tax matters in the Company's Spanish subsidiary of $6.2 million (see Note 13 - Commitments and Contingencies).


(6)	Operating income in Europe for the fiscal year ended January 31, 2014 includes $40.6 million of restatement and remediation related expenses (see Note 1 - Business and Summary of Significant Accounting Policies).


(7)	Operating income in Europe for the fiscal year ended January 31, 2013 includes an increase in the accrual for value added tax matters in the Company's Spanish subsidiary of $29.5 million (see Note 13 - Commitments and Contingencies).

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References+ Details