Segment Information (Tables)

12 Months Ended

Jan. 31, 2017

Schedule of Segment Reporting Information, by Segment [Table Text Block]

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



Year ended January 31:	2017			2016			2015
Net sales to unaffiliated customers:
Americas ⁽¹⁾	$	10,384,523		$	10,356,716		$	10,406,209
Europe	15,850,353			16,023,067			17,264,423
Total	$	26,234,876		$	26,379,783		$	27,670,632

Operating income:
Americas ⁽²⁾ ^{(3) (4)}	$	144,246		$	235,577		$	145,107
Europe^{(5) (6) (7)}	161,603			180,741			136,196
Stock-based compensation expense	(13,947		)	(14,890		)	(13,668		)
Total	$	291,902		$	401,428		$	267,635

Depreciation and amortization:
Americas	$	18,844		$	18,243		$	16,653
Europe	35,593			39,010			52,093
Total	$	54,437		$	57,253		$	68,746

Capital expenditures:
Americas	$	19,275		$	18,139		$	13,798
Europe	20,060			15,833			14,377
Total	$	39,335		$	33,972		$	28,175



As of January 31:	2017		2016
Identifiable assets:
Americas	$	3,238,162	$	2,078,443
Europe	4,693,704		4,279,845
Total	$	7,931,866	$	6,358,288

Long-lived assets:
Americas ⁽¹⁾	$	35,581	$	29,402
Europe	38,658		36,626
Total	$	74,239	$	66,028

Goodwill & acquisition-related intangible assets, net:
Americas	$	33,296	$	35,615
Europe	246,002		274,401
Total	$	279,298	$	310,016


(1)	Net sales to unaffiliated customers in the United States represented 90%, 90% and 85% of the total Americas' net sales to unaffiliated customers for the fiscal years ended January 31, 2017, 2016 and 2015, respectively. Total long-lived assets in the United States represented 94% and 95% of the Americas' total long-lived assets at January 31, 2017 and 2016, respectively.


(2)	Operating income in the Americas for the fiscal year ended January 31, 2017 includes acquisition and integration expenses of $18.0 million (see further discussion in Note 5 - Acquisitions) and a gain recorded in LCD settlements and other, net, of $4.1 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, 2016 includes a gain recorded in LCD settlements and other, net, of $98.4 million (see further discussion in Note 1 – Business and Summary of Significant Accounting Policies).


(4)	Operating income in the Americas for the fiscal year ended January 31, 2015 includes a gain recorded in LCD settlements and other, 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).


(5)	Operating income in Europe for the fiscal year ended January 31, 2017 includes acquisition and integration expenses of $11.0 million (see further discussion in Note 5 - Acquisitions) and an increase in the accrual for assessments and penalties for a VAT matter in the Company's subsidiary in Spain of $1.5 million (see further discussion in Note 13 - Commitments and Contingencies).


(6)	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 and Contingencies).

(7)

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 further discussion in Note 13 – Commitments and Contingencies).