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Business Segment Information
3 Months Ended
Jan. 31, 2016
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:
Three Months Ended January 31,
 
(In millions)
2016
 
2015
CooperVision net sales by category:
 
 
 
Toric lens
$
107.5

 
$
108.5

Multifocal lens
40.3

 
42.5

Single-use sphere lens
90.8

 
84.2

Non single-use sphere and other
125.7

 
134.1

Total CooperVision net sales
364.3

 
369.3

CooperSurgical net sales
85.3

 
75.8

Total net sales
$
449.6

 
$
445.2

Operating income (loss):
 
 
 
CooperVision
$
52.8

 
$
73.2

CooperSurgical
15.5

 
13.2

Corporate
(10.9
)
 
(13.3
)
Total operating income
57.4

 
73.1

Interest expense
5.3

 
3.9

Other expense, net
1.4

 
1.7

Income before income taxes
$
50.7

 
$
67.5


(In millions)
January 31, 2016
 
October 31, 2015
Identifiable assets:
 
 
 
CooperVision
$
3,607.1

 
$
3,714.6

CooperSurgical
723.7

 
674.8

Corporate
71.0

 
70.5

Total
$
4,401.8

 
$
4,459.9


Geographic information:
Three Months Ended January 31,
 
(In millions)
2016
 
2015
Net sales to external customers by country of domicile:
 
 
 
United States
$
206.8

 
$
203.9

Europe
157.0

 
159.1

Rest of world
85.8

 
82.2

Total
$
449.6

 
$
445.2


(In millions)
January 31, 2016
 
October 31, 2015
Long-lived assets by country of domicile:
 
 
 
United States
$
497.9

 
$
494.2

Europe
383.8

 
407.9

Rest of world
66.5

 
65.0

Total
$
948.2

 
$
967.1