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Business Segment Information (Tables) | 12 Months Ended
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Oct. 31, 2012
Segment Reporting [Abstract] |
Summary of Business Segment Net Sales | The following table presents a summary of our business segment net sales:
(In thousands) | 2012 |  | 2011 |  | 2010
CooperVision net sales by category: |  |  |  |  |
Toric lens | $ | 357,211 |  |  | $ | 339,184 |  |  | $ | 292,732 |
Multifocal lens | 94,443 |  |  | 74,741 |  |  | 71,603 |
Single-use sphere lens | 267,090 |  |  | 243,624 |  |  | 207,250 |
Non single-use sphere and other eye care products and other | 470,500 |  |  | 463,589 |  |  | 398,898 |
Total CooperVision net sales | 1,189,244 |  |  | 1,121,138 |  |  | 970,483 |
CooperSurgical net sales | 255,892 |  |  | 209,697 |  |  | 188,034 |
Total net sales | $ | 1,445,136 |  |  | $ | 1,330,835 |  |  | $ | 1,158,517 |
Schedule of Segment Information | Information by business segment for each of the years in the three-year period ended October 31, 2012, follows:
(In thousands) | CooperVision |  | CooperSurgical |  | Corporate & Eliminations |  | Consolidated
2012 |  |  |  |  |  |  |
Net sales | $ | 1,189,244 |  |  | $ | 255,892 |  |  | $ | — |  |  | $ | 1,445,136 |
Operating income (loss) | $ | 262,806 |  |  | $ | 58,956 |  |  | $ | (38,364 | ) |  | $ | 283,398 |
Other income, net |  |  |  |  |  |  | 229 |
Interest expense |  |  |  |  |  |  | (11,771 | )
Gain on insurance proceeds |  |  |  |  |  |  | 5,000 |
Loss on extinguishment of debt |  |  |  |  |  |  | (1,404 | )
Income before income taxes |  |  |  |  |  |  | $ | 275,452 |
Identifiable assets | $ | 2,251,476 |  |  | $ | 607,673 |  |  | $ | 82,235 |  |  | $ | 2,941,384 |
Depreciation expense | $ | 82,829 |  |  | $ | 4,106 |  |  | $ | 300 |  |  | $ | 87,235 |
Amortization expense | $ | 15,578 |  |  | $ | 8,401 |  |  | $ | — |  |  | $ | 23,979 |
Capital expenditures | $ | 92,459 |  |  | $ | 6,647 |  |  | $ | 673 |  |  | $ | 99,779 |
2011 |  |  |  |  |  |  |
Net sales | $ | 1,121,138 |  |  | $ | 209,697 |  |  | $ | — |  |  | $ | 1,330,835 |
Operating income (loss) | $ | 207,485 |  |  | $ | 52,420 |  |  | $ | (32,349 | ) |  | $ | 227,556 |
Other expense, net |  |  |  |  |  |  | (963 | )
Interest expense |  |  |  |  |  |  | (17,342 | )
Loss on extinguishment of debt |  |  |  |  |  |  | (16,487 | )
Income before income taxes |  |  |  |  |  |  | $ | 192,764 |
Identifiable assets | $ | 2,206,068 |  |  | $ | 354,020 |  |  | $ | 64,430 |  |  | $ | 2,624,518 |
Depreciation expense | $ | 74,146 |  |  | $ | 3,264 |  |  | $ | 210 |  |  | $ | 77,620 |
Amortization expense | $ | 14,245 |  |  | $ | 6,284 |  |  | $ | — |  |  | $ | 20,529 |
Capital expenditures | $ | 97,131 |  |  | $ | 6,287 |  |  | $ | 247 |  |  | $ | 103,665 |
2010 |  |  |  |  |  |  |
Net sales | $ | 970,483 |  |  | $ | 188,034 |  |  | $ | — |  |  | $ | 1,158,517 |
Operating income (loss) | $ | 171,345 |  |  | $ | 47,064 |  |  | $ | (28,497 | ) |  | $ | 189,912 |
Other expense, net |  |  |  |  |  |  | (1,068 | )
Interest expense |  |  |  |  |  |  | (36,668 | )
Litigation settlement charges |  |  |  |  |  |  | (27,750 | )
Income before income taxes |  |  |  |  |  |  | $ | 124,426 |
Identifiable assets | $ | 2,141,685 |  |  | $ | 328,931 |  |  | $ | 54,402 |  |  | $ | 2,525,018 |
Depreciation expense | $ | 72,717 |  |  | $ | 2,913 |  |  | $ | 315 |  |  | $ | 75,945 |
Amortization expense | $ | 12,361 |  |  | $ | 5,695 |  |  | $ | — |  |  | $ | 18,056 |
Capital expenditures | $ | 69,793 |  |  | $ | 3,871 |  |  | $ | 93 |  |  | $ | 73,757 |
Schedule of Information by Geographical Area by Country of Domicile | Information by geographical area by country of domicile for each of the years in the three-year period ended October 31, 2012, follows:
(In thousands) | United States |  | Europe |  | Rest of World, Other Eliminations & Corporate |  | Consolidated
2012 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 680,757 |  |  | $ | 408,813 |  |  | $ | 355,566 |  |  | $ | 1,445,136 |
Sales between geographic areas | 198,593 |  |  | 318,196 |  |  | (516,789 | ) |  | — |
Net sales | $ | 879,350 |  |  | $ | 727,009 |  |  | $ | (161,223 | ) |  | $ | 1,445,136 |
Operating income | $ | 44,977 |  |  | $ | 5,367 |  |  | $ | 233,054 |  |  | $ | 283,398 |
Long-lived assets | $ | 371,314 |  |  | $ | 261,269 |  |  | $ | 7,672 |  |  | $ | 640,255 |
2011 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 627,438 |  |  | $ | 392,152 |  |  | $ | 311,245 |  |  | $ | 1,330,835 |
Sales between geographic areas | 172,618 |  |  | 304,585 |  |  | (477,203 | ) |  | — |
Net sales | $ | 800,056 |  |  | $ | 696,737 |  |  | $ | (165,958 | ) |  | $ | 1,330,835 |
Operating income | $ | 37,113 |  |  | $ | 18,703 |  |  | $ | 171,740 |  |  | $ | 227,556 |
Long-lived assets | $ | 373,211 |  |  | $ | 226,665 |  |  | $ | 9,329 |  |  | $ | 609,205 |
2010 |  |  |  |  |  |  |
Sales to unaffiliated customers | $ | 568,786 |  |  | $ | 345,970 |  |  | $ | 243,761 |  |  | $ | 1,158,517 |
Sales between geographic areas | 143,951 |  |  | 300,948 |  |  | (444,899 | ) |  | — |
Net sales | $ | 712,737 |  |  | $ | 646,918 |  |  | $ | (201,138 | ) |  | $ | 1,158,517 |
Operating income | $ | 57,776 |  |  | $ | (4,935 | ) |  | $ | 137,071 |  |  | $ | 189,912 |
Long-lived assets | $ | 357,200 |  |  | $ | 227,780 |  |  | $ | 8,907 |  |  | $ | 593,887 |

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