XML 42 R60.htm IDEA: XBRL DOCUMENT v3.19.3
Segment Information (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Oct. 31, 2019
Oct. 31, 2018
Oct. 31, 2019
Oct. 31, 2018
Jan. 31, 2019
Segment Reporting Information          
Net sales $ 9,118,944 $ 9,340,029 $ 26,617,612 $ 26,774,449  
Operating income: 141,888 146,888 364,259 327,749  
Stock-based compensation expense (7,347) (8,139) (23,707) (23,694)  
Depreciation and amortization: 37,967 39,242 112,726 119,641  
Capital expenditures: 18,140 17,430 51,650 40,153  
Identifiable assets: 12,694,736   12,694,736   $ 12,986,552
Long-lived assets: 275,013   275,013   274,917
Goodwill & acquisition-related intangible assets, net: 1,646,747   1,646,747   1,719,629
Legal settlements and other, net 0 (7,207) (282) (15,406)  
Acquisition, integration and restructuring expenses 4,647 20,277 16,077 66,799  
Other Tax Expense (Benefit)   5,500 600 6,100  
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal 1,390 29 1,390 6,746  
Americas          
Segment Reporting Information          
Net sales [1] 4,202,320 4,137,852 12,308,249 11,799,389  
Operating income: [2] 82,420 112,399 [3],[4] 244,138 [4] 261,671 [3],[4]  
Depreciation and amortization: $ 24,163 $ 23,394 $ 71,602 $ 70,244  
Sales to unaffiliated customers, as percentage of total sales 91.00% 91.00% 90.00% 90.00%  
Capital expenditures: $ 11,191 $ 11,493 $ 29,989 $ 24,105  
Identifiable assets: 5,670,555   5,670,555   5,402,316
Long-lived assets: [1] 219,300   219,300   217,863
Goodwill & acquisition-related intangible assets, net: $ 1,045,627   $ 1,045,627   $ 1,083,699
Long-lived assets, as percentage of total assets 96.00%   96.00%   96.00%
Restructuring Charges $ 3,500   $ 7,800    
Legal settlements and other, net   (7,200) (300) (15,400)  
Acquisition, integration and restructuring expenses   6,000   19,000  
Proceeds, Accounts Receivable, Previously Written Off, Recovery   25,000   25,000  
Europe          
Segment Reporting Information          
Net sales 4,622,270 4,920,156 13,371,397 14,130,985  
Operating income: [5],[6],[7] 66,536 39,889 140,605 86,292  
Depreciation and amortization: 11,763 13,679 35,294 42,686  
Capital expenditures: 6,373 4,742 19,158 13,821  
Identifiable assets: 6,420,274   6,420,274   $ 6,970,822
Long-lived assets: 51,051   51,051   52,162
Goodwill & acquisition-related intangible assets, net: 545,625   545,625   575,776
Restructuring Charges 1,000   7,200    
Acquisition, integration and restructuring expenses   13,100   44,400  
Other Tax Expense (Benefit)   5,500   6,500  
Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal 1,400   1,400 6,700  
Asia-Pacific          
Segment Reporting Information          
Net sales 294,354 282,021 937,966 844,075  
Operating income: 279 2,739 3,223 3,480  
Depreciation and amortization: 2,041 2,169 5,830 6,711  
Capital expenditures: 576 $ 1,195 2,503 $ 2,227  
Identifiable assets: 603,907   603,907   613,414
Long-lived assets: 4,662   4,662   4,892
Goodwill & acquisition-related intangible assets, net: $ 55,495   $ 55,495   $ 60,154
[1]
Net sales in the United States represented 91% of the total Americas' net sales for both the three months ended October 31, 2019 and 2018 and 90% of the total Americas' net sales for both the nine months ended October 31, 2019 and 2018. Total long-lived assets in the United States represented 96% of the Americas' total long-lived assets at both October 31, 2019 and January 31, 2019.
[2] Operating income in the Americas for the three months ended October 31, 2019 and 2018 includes acquisition, integration and restructuring expenses of $3.5 million and $6.0 million, respectively. Operating income in the Americas for the nine months ended October 31, 2019 and 2018 includes acquisition, integration and restructuring expenses of $7.8 million and $19.0 million, respectively (see further discussion in Note 3 – Acquisition, Integration and Restructuring Expenses).
[3]
Operating income in the Americas for the three and nine months ended October 31, 2018 includes a benefit of approximately $25 million related to the collection of an accounts receivable balance previously considered uncollectible.
[4]
Operating income in the Americas includes a gain related to legal settlements and other, net, of $7.2 million for the three months ended October 31, 2018. Operating income in the Americas includes a gain related to legal settlements and other, net, of $0.3 million and $15.4 million for the nine months ended October 31, 2019 and 2018, respectively (see further discussion in Note 1 – Business and Summary of Significant Accounting Policies).
[5]
Operating income in Europe for both the three and nine months ended October 31, 2019 includes a gain on disposal of a subsidiary of $1.4 million. Operating income in Europe for the nine months ended October 31, 2018 includes a gain on disposal of a subsidiary of $6.7 million (see further discussion in Note 4 – Gain on Disposal of Subsidiary).
[6]
Operating income in Europe for the three months ended October 31, 2019 and 2018 includes acquisition, integration and restructuring expenses of $1.0 million and $13.1 million, respectively. Operating income in Europe for the nine months ended October 31, 2019 and 2018 includes acquisition, integration and restructuring expenses of $7.2 million and $44.4 million, respectively.
[7]
Operating income in Europe for the three and nine months ended October 31, 2018 includes expenses of $5.5 million and $6.5 million, respectively, related to the recognition of certain tax indemnification liabilities (see further discussion in Note 6 – Income Taxes).