Segment Information (Tables)

9 Months Ended

Oct. 31, 2017

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

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



	Three months ended October 31,						Nine months ended October 31,
	2017			2016			2017			2016
Net sales:
Americas ⁽¹⁾	$	3,997,159		$	2,614,347		$	11,658,471		$	7,677,237
Europe	4,841,961			3,875,918			13,250,935			11,130,129
Asia-Pacific	296,608			—			773,076			—
Total	$	9,135,728		$	6,490,265		$	25,682,482		$	18,807,366

Operating income:
Americas ⁽²⁾⁽³⁾	$	55,551		$	32,414		$	194,426		$	104,930
Europe ⁽⁴⁾	29,909			34,008			73,172			94,875
Asia-Pacific	2,432			—			11,795			—
Stock-based compensation expense	(8,325		)	(3,550		)	(21,217		)	(11,020		)
Total	$	79,567		$	62,872		$	258,176		$	188,785

Depreciation and amortization:
Americas	$	24,645		$	4,323		$	62,308		$	14,118
Europe	15,734			8,805			44,957			27,105
Asia-Pacific	1,955			—			5,642			—
Total	$	42,334		$	13,128		$	112,907		$	41,223

Capital expenditures:
Americas	$	167,210		$	4,004		$	195,169		$	15,489
Europe	4,450			4,564			16,764			15,414
Asia-Pacific	506			—			2,046			—
Total	$	172,166		$	8,568		$	213,979		$	30,903



As of:	October 31, 2017		January 31, 2017
Identifiable assets:
Americas	$	4,776,955	$	3,238,162
Europe	5,721,621		4,693,704
Asia-Pacific	461,277		—
Total	$	10,959,853	$	7,931,866

Long-lived assets:
Americas⁽¹⁾	$	212,141	$	35,581
Europe	55,528		38,658
Asia-Pacific	5,899		—
Total	$	273,568	$	74,239

Goodwill & acquisition-related intangible assets, net:
Americas	$	1,131,298	$	33,296
Europe	632,793		246,002
Asia-Pacific	51,995		—
Total	$	1,816,086	$	279,298

(1)

Net sales in the United States represented 90% and 91%, respectively, of the total Americas' net sales for the three months ended October 31, 2017 and 2016, and 89% and 90% respectively, of the total America's net sales for the nine months ended October 31, 2017 and 2016. Total long-lived assets in the United States represented 97% and 94%, respectively, of the Americas' total long-lived assets at October 31, 2017 and January 31, 2017.


(2)	Operating income in the Americas for the three months ended October 31, 2017 and 2016 includes acquisition, integration and restructuring expenses of $14.1 million and $9.5 million, respectively (see further discussion in Note 3 - Acquisitions).


(3)	Operating income in the Americas for the nine months ended October 31, 2017 and 2016 includes acquisition, integration and restructuring expenses of $58.6 million and $10.5 million, respectively and a gain related to LCD settlements and other, net, of $42.6 million and $4.1 million, respectively.


(4)	Operating income in Europe for the three months ended October 31, 2017 and 2016, includes acquisition, integration and restructuring expenses of $14.1 million and $3.5 million, respectively, and for the nine months ended October 31, 2017 and 2016, includes acquisition, integration and restructuring expenses of $40.4 million and $4.5 million, respectively.