Segment Information (Tables)

12 Months Ended

Jan. 31, 2016

Financial information by geographic segment is as follows (in thousands):



Year ended January 31:	2016			2015			2014
Net sales to unaffiliated customers:
Americas ⁽¹⁾	$	10,356,716		$	10,406,209		$	10,188,618
Europe	16,023,067			17,264,423			16,633,286
Total	$	26,379,783		$	27,670,632		$	26,821,904

Operating income:
Americas ⁽²⁾ ^{(3) (4)}	$	235,577		$	145,107		$	156,143
Europe^{(5) (6) (7)}	180,741			136,196			80,228
Stock-based compensation expense	(14,890		)	(13,668		)	(8,858		)
Total	$	401,428		$	267,635		$	227,513

Depreciation and amortization:
Americas	$	18,243		$	16,653		$	16,763
Europe	39,010			52,093			56,216
Total	$	57,253		$	68,746		$	72,979

Capital expenditures:
Americas	$	18,139		$	13,798		$	9,530
Europe	15,833			14,377			19,339
Total	$	33,972		$	28,175		$	28,869



As of January 31:	2016		2015
Identifiable assets:
Americas	$	2,078,443	$	1,949,414
Europe	4,279,845		4,187,311
Total	$	6,358,288	$	6,136,725

Long-lived assets:
Americas ⁽¹⁾	$	29,402	$	24,121
Europe	36,626		38,983
Total	$	66,028	$	63,104

Goodwill & acquisition-related intangible assets, net:
Americas	$	35,615	$	8,810
Europe	274,401		309,158
Total	$	310,016	$	317,968


(1)	Net sales to unaffiliated customers in the United States represented 90%, 85% and 86% of the total Americas' net sales to unaffiliated customers for the fiscal years ended January 31, 2016, 2015 and 2014, respectively. Total long-lived assets in the United States represented 95% and 92% of the Americas' total long-lived assets at January 31, 2016 and 2015, respectively.


(2)	Operating income in the Americas for the fiscal year ended January 31, 2016 includes a gain related to LCD settlements, net, of $98.4 million (see further discussion in 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 gain related to LCD settlements, net, of $5.1 million and restatement and remediation related expenses of $4.0 million (see Note 1 - Business and Summary of Significant Accounting Policies).


(4)	Operating income in the Americas for the fiscal year ended January 31, 2014 includes a gain associated with LCD settlements, net, 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, 2016 includes a net benefit of $8.8 million related to various VAT matters in two European subsidiaries (see further discussion in Note 13 - Commitments & Contingencies).


(6)	Operating income in Europe for the fiscal year ended January 31, 2015 includes restatement and remediation related expenses of $18.1 million (see further discussion in Note 1 - Business and Summary of Significant Accounting Policies) 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).


(7)	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).