Item 6. Selected Financial Data.
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Item 6. Selected Financial Data.
Five Year Financial Highlights
| Years Ended October 31, (In thousands, except per share amounts) | 2016 | 2015 | 2014 | 2013 | 2012 | ||||||||||||||
| Consolidated Operations | |||||||||||||||||||
| Net sales | $ | 1,966,814 | $ | 1,797,060 | $ | 1,717,776 | $ | 1,587,725 | $ | 1,445,136 | |||||||||
| Gross profit | $ | 1,173,079 | $ | 1,070,262 | $ | 1,091,570 | $ | 1,026,808 | $ | 924,010 | |||||||||
| Income before income taxes | $ | 295,633 | $ | 215,485 | $ | 296,534 | $ | 312,271 | $ | 275,452 | |||||||||
| Net income attributable to Cooper stockholders | $ | 273,917 | $ | 203,523 | $ | 269,856 | $ | 296,151 | $ | 248,339 | |||||||||
| Diluted earnings per share attributable to Cooper stockholders | $ | 5.59 | $ | 4.14 | $ | 5.51 | $ | 5.96 | $ | 5.05 | |||||||||
| Number of shares used to compute diluted earnings per share | 49,026 | 49,179 | 48,960 | 49,685 | 49,152 | ||||||||||||||
| Dividends paid per share | $ | 0.06 | $ | 0.06 | $ | 0.06 | $ | 0.06 | $ | 0.06 | |||||||||
| Consolidated Financial Position | |||||||||||||||||||
| Current assets | $ | 934,458 | $ | 841,428 | $ | 791,617 | $ | 747,241 | $ | 657,860 | |||||||||
| Property, plant and equipment, net | 877,672 | 967,097 | 937,325 | 739,867 | 640,255 | ||||||||||||||
| Goodwill | 2,164,748 | 2,197,077 | 2,220,921 | 1,387,611 | 1,370,247 | ||||||||||||||
| Other intangible assets, net | 441,086 | 411,090 | 453,605 | 198,769 | 214,783 | ||||||||||||||
| Other assets | 57,954 | 43,172 | 54,872 | 63,773 | 58,239 | ||||||||||||||
| $ | 4,475,918 | $ | 4,459,864 | $ | 4,458,340 | $ | 3,137,261 | $ | 2,941,384 | ||||||||||
| Short-term debt | $ | 226,325 | $ | 243,803 | $ | 101,518 | $ | 42,987 | $ | 25,284 | |||||||||
| Other current liabilities | 310,130 | 324,979 | 340,664 | 278,266 | 237,268 | ||||||||||||||
| Long-term debt | 1,107,448 | 1,105,408 | 1,280,833 | 301,670 | 348,422 | ||||||||||||||
| Other liabilities | 131,980 | 111,770 | 146,885 | 90,844 | 117,252 | ||||||||||||||
| Total liabilities | 1,775,883 | 1,785,960 | 1,869,900 | 713,767 | 728,226 | ||||||||||||||
| Stockholders' equity | 2,700,035 | 2,673,904 | 2,588,440 | 2,423,494 | 2,213,158 | ||||||||||||||
| $ | 4,475,918 | $ | 4,459,864 | $ | 4,458,340 | $ | 3,137,261 | $ | 2,941,384 |
THE COOPER COMPANIES, INC. AND SUBSIDIARIES
Management’s Discussion and Analysis of Financial Condition and Results of Operations
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