Segment Information (Tables)

12 Months Ended

Jan. 31, 2019

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

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



Year ended January 31:	2019			2018			2017
Net sales:				(As Adjusted)			(As Adjusted)
Americas ⁽¹⁾	$	16,041,103		$	14,419,221		$	9,525,513
Europe	20,026,057			18,147,917			14,668,184
Asia-Pacific	1,171,790			1,030,703			—
Total	$	37,238,950		$	33,597,841		$	24,193,697

Operating income (loss):
Americas ⁽²⁾ ⁽³⁾	$	366,637		$	248,350		$	144,246
Europe⁽⁴⁾	195,375			173,611			161,603
Asia-Pacific⁽⁵⁾	(36,697		)	17,499			—
Stock-based compensation expense	(31,513		)	(29,381		)	(13,947		)
Total	$	493,802		$	410,079		$	291,902

Depreciation and amortization:
Americas	$	93,612		$	84,265		$	18,844
Europe	56,533			57,794			35,593
Asia-Pacific	8,852			7,987			—
Total	$	158,997		$	150,046		$	54,437

Capital expenditures:
Americas	$	37,141		$	207,399		$	19,275
Europe	20,818			21,471			20,060
Asia-Pacific	3,455			3,067			—
Total	$	61,414		$	231,937		$	39,335



As of January 31:	2019		2018
Identifiable assets:			(As Adjusted)
Americas	$	5,402,316	$	5,014,409
Europe	6,970,822		7,336,974
Asia-Pacific	613,414		568,976
Total	$	12,986,552	$	12,920,359

Long-lived assets:
Americas ⁽¹⁾	$	217,863	$	214,922
Europe	52,162		57,781
Asia-Pacific	4,892		6,388
Total	$	274,917	$	279,091

Goodwill & acquisition-related intangible assets, net:
Americas	$	1,083,699	$	1,139,273
Europe	575,776		645,134
Asia-Pacific	60,154		130,093
Total	$	1,719,629	$	1,914,500


(1)	Net sales in the U.S. represented 90%, 89% and 90% of the total Americas' net sales for the fiscal years ended January 31, 2019, 2018 and 2017, respectively. Total long-lived assets in the U.S. represented 96% and 97% of the Americas' total long-lived assets at January 31, 2019 and 2018, respectively.

(2)

Operating income in the Americas for the fiscal years ended January 31, 2019, 2018 and 2017 includes acquisition, integration and restructuring expenses of $25.2 million, $75.5 million and $18.0 million, respectively (see Note 6 – Acquisition, Integration and Restructuring Expenses for further discussion). Operating income in the Americas for the fiscal year ended January 31, 2019 includes a benefit of approximately $25 million related to the collection of an accounts receivable balance previously considered uncollectible.


(3)	Operating income in the Americas for the fiscal years ended January 31, 2019, 2018 and 2017 includes a gain recorded in legal settlements and other, net, of $15.4 million, $42.6 million and $4.1 million, respectively (see Note 1 – Business and Summary of Significant Accounting Policies for further discussion).


(4)	Operating income in Europe for the fiscal years ended January 31, 2019, 2018 and 2017 includes acquisition, integration and restructuring expenses of $57.7 million, $56.2 million and $11.0 million, respectively.


(5)	Operating income in Asia-Pacific for the fiscal year ended January 31, 2019 includes goodwill impairment expense of $47.4 million (see Note 4 – Goodwill and Intangible Assets for further discussion).