XML 62 R20.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Business Segment Information | 6 Months Ended
--- | ---
Apr. 30, 2013
Segment Reporting [Abstract] |
Business Segment Information | Business Segment Information Cooper uses operating income, as presented in our financial reports, as the primary measure of segment profitability. We do not allocate costs from corporate functions to segment operating income. Items below operating income are not considered when measuring the profitability of a segment. We use the same accounting policies to generate segment results as we do for our consolidated results. Identifiable assets are those used in continuing operations except cash and cash equivalents, which we include as corporate assets. Long-lived assets are property, plant and equipment. Segment information:
Periods Ended April 30, | Three Months |  | Six Months
(In thousands) | 2013 |  | 2012 |  | 2013 |  | 2012
CooperVision net sales by category: |  |  |  |  |  |  |
Toric lens | $ | 96,728 |  |  | $ | 89,374 |  |  | $ | 188,362 |  |  | $ | 171,165 |
Multifocal lens | 29,654 |  |  | 22,280 |  |  | 56,805 |  |  | 43,042 |
Single-use sphere lens | 63,746 |  |  | 62,616 |  |  | 129,209 |  |  | 123,062 |
Non single-use sphere and other eye care products and other | 119,220 |  |  | 113,737 |  |  | 236,351 |  |  | 219,671 |
Total CooperVision net sales | 309,348 |  |  | 288,007 |  |  | 610,727 |  |  | 556,940 |
CooperSurgical net sales | 74,693 |  |  | 56,582 |  |  | 153,153 |  |  | 113,709 |
Total net sales | $ | 384,041 |  |  | $ | 344,589 |  |  | $ | 763,880 |  |  | $ | 670,649 |
Operating income (loss): |  |  |  |  |  |  |
CooperVision | $ | 79,299 |  |  | $ | 57,787 |  |  | $ | 146,368 |  |  | $ | 113,908 |
CooperSurgical | 12,431 |  |  | 16,534 |  |  | 26,480 |  |  | 32,185 |
Headquarters | (10,257 | ) |  | (8,881 | ) |  | (22,555 | ) |  | (18,925 | )
Total operating income | 81,473 |  |  | 65,440 |  |  | 150,293 |  |  | 127,168 |
Interest expense | 2,444 |  |  | 3,071 |  |  | 5,010 |  |  | 6,733 |
Gain on insurance proceeds | — |  |  | — |  |  | 14,084 |  |  | — |
Other (expense) income, net | (89 | ) |  | 310 |  |  | 549 |  |  | 992 |
Income before income taxes | $ | 78,940 |  |  | $ | 62,679 |  |  | $ | 159,916 |  |  | $ | 121,427 |
(In thousands) | April 30, 2013 |  | October 31, 2012
Identifiable assets: |  |  |
CooperVision | $ | 2,266,643 |  |  | $ | 2,251,476 |
CooperSurgical | 633,832 |  |  | 607,673 |
Headquarters | 66,257 |  |  | 82,235 |
Total | $ | 2,966,732 |  |  | $ | 2,941,384 |
Geographic information:
Periods Ended April 30, | Three Months |  | Six Months
(In thousands) | 2013 |  | 2012 |  | 2013 |  | 2012
Net sales to external customers by country of domicile: |  |  |  |  |  |  |
United States | $ | 180,314 |  |  | $ | 164,668 |  |  | $ | 356,071 |  |  | $ | 314,798 |
Europe | 112,932 |  |  | 96,162 |  |  | 221,462 |  |  | 189,913 |
Rest of world | 90,795 |  |  | 83,759 |  |  | 186,347 |  |  | 165,938 |
Total | $ | 384,041 |  |  | $ | 344,589 |  |  | $ | 763,880 |  |  | $ | 670,649 |
(In thousands) | April 30, 2013 |  | October 31, 2012
Long-lived assets by country of domicile: |  |  |
United States | $ | 380,628 |  |  | $ | 371,314 |
Europe | 249,286 |  |  | 261,269 |
Rest of world | 6,968 |  |  | 7,672 |
Total | $ | 636,882 |  |  | $ | 640,255 |

X
- Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration