Document and Entity Information	6 Months Ended
Document and Entity Information	Apr. 30, 2016 shares
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Apr. 30, 2016
Document Fiscal Year Focus	2016
Document Fiscal Period Focus	Q2
Entity Registrant Name	COOPER COMPANIES INC
Entity Central Index Key	0000711404
Current Fiscal Year End Date	--10-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding	48,448,341

Consolidated Statements of Income - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Income Statement [Abstract]
Net sales	$ 483,793	$ 434,676	$ 933,433	$ 879,847
Cost of sales	185,295	166,960	372,971	335,780
Gross profit	298,498	267,716	560,462	544,067
Selling, general and administrative expense	177,659	167,583	351,263	341,118
Research and development expense	16,696	16,819	31,458	32,932
Amortization of intangibles	14,312	12,316	30,515	25,911
Operating income	89,831	70,998	147,226	144,106
Interest expense	7,611	4,692	12,886	8,633
Other (income) expense, net	(418)	(686)	972	1,016
Income before income taxes	82,638	66,992	133,368	134,457
Provision for income taxes	8,183	5,855	7,172	11,571
Net income	74,455	61,137	126,196	122,886
Less: net income attributable to noncontrolling interests	330	424	715	994
Net income attributable to Cooper stockholders	$ 74,125	$ 60,713	$ 125,481	$ 121,892
Earnings per share attributable to Cooper stockholders - basic	$ 1.53	$ 1.25	$ 2.59	$ 2.52
Earnings per share attributable to Cooper stockholders - diluted	$ 1.52	$ 1.23	$ 2.57	$ 2.48
Number of shares used to compute earnings per share:
Basic	48,428	48,463	48,365	48,330
Diluted	48,853	49,163	48,838	49,139

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 74,455	$ 61,137	$ 126,196	$ 122,886
Other comprehensive income (loss):
Foreign currency translation adjustment	52,273	34,367	(61,525)	(79,251)
Change in value of derivative instruments, net of tax provision of $30 in 2015	0	0	0	47
Change in minimum pension liability, net of tax	7	7	14	14
Other comprehensive income (loss)	52,280	34,374	(61,511)	(79,190)
Comprehensive income	126,735	95,511	64,685	43,696
Less: comprehensive income attributable to noncontrolling interests	751	1,105	745	584
Comprehensive loss attributable to Cooper stockholders	$ 125,984	$ 94,406	$ 63,940	$ 43,112

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Apr. 30, 2016	Apr. 30, 2015	Apr. 30, 2016	Apr. 30, 2015	Oct. 31, 2015
Statement of Comprehensive Income [Abstract]
Change in value of derivative instruments, tax	$ 0	$ 0	$ 0	$ 30	$ 0

Consolidated Condensed Balance Sheets - USD ($) $ in Thousands	Apr. 30, 2016	Oct. 31, 2015
Assets, Current [Abstract]
Cash and cash equivalents	$ 44,464	$ 16,426
Trade accounts receivable, net of allowance for doubtful accounts of $7,765 at April 30, 2016 and $5,956 at October 31, 2015	298,825	282,918
Inventories	433,596	419,692
Deferred tax assets	41,256	41,731
Prepaid expense and other current assets	96,974	80,661
Total current assets	915,115	841,428
Property, plant and equipment, at cost	1,696,135	1,650,730
Less: accumulated depreciation and amortization	731,776	683,633
Property, plant and equipment, net	964,359	967,097
Goodwill	2,233,251	2,197,077
Other intangibles, net	437,005	411,090
Deferred tax assets	5,969	4,510
Other assets	45,554	38,662
Total assets	4,601,253	4,459,864
Current liabilities:
Short-term debt	30,191	243,803
Accounts payable	105,759	116,912
Employee compensation and benefits	59,038	67,373
Other current liabilities	127,229	140,694
Total current liabilities	322,217	568,782
Long-term debt	1,411,182	1,105,408
Deferred tax liabilities	37,568	31,016
Accrued pension liability and other	85,505	80,754
Total liabilities	$ 1,856,472	$ 1,785,960
Commitments and contingencies
Stockholders’ equity:
Preferred stock, 10 cents par value, shares authorized: 1,000; zero shares issued or outstanding	$ 0	$ 0
Common stock, 10 cents par value, shares authorized: 120,000; issued 51,738 at April 30, 2016 and 51,558 at October 31, 2015	5,174	5,156
Additional paid-in capital	1,442,735	1,434,705
Accumulated other comprehensive loss	(253,153)	(191,643)
Retained earnings	1,903,469	1,779,440
Treasury stock at cost: 3,290 shares at April 30, 2016 and October 31, 2015	(360,149)	(360,149)
Total Cooper stockholders' equity	2,738,076	2,667,509
Noncontrolling interests	6,705	6,395
Stockholders’ equity	2,744,781	2,673,904
Total liabilities and stockholders' equity	$ 4,601,253	$ 4,459,864

Consolidated Condensed Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2016	Oct. 31, 2015
Statement of Financial Position [Abstract]
Trade accounts receivable, allowance for doubtful accounts	$ 7,765	$ 5,956
Preferred stock, par value	$ 0.10	$ 0.10
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.10	$ 0.10
Common stock, shares authorized	120,000,000	120,000,000
Common stock, shares, issued	51,738,000	51,558,000
Treasury stock, shares	3,290,000	3,290,000

Consolidated Condensed Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Apr. 30, 2016	Apr. 30, 2015
Cash flows from operating activities:
Net income	$ 126,196	$ 122,886
Depreciation and amortization	101,434	87,389
Decrease in operating capital	(61,667)	(65,358)
Other non-cash items	21,424	45,564
Net cash provided by operating activities	187,387	190,481
Cash flows from investing activities:
Purchases of property, plant and equipment	(86,332)	(118,365)
Acquisitions of businesses, net of cash acquired, and other	(145,422)	(752)
Net cash used in investing activities	(231,754)	(119,117)
Cash flows from financing activities:
Proceeds from long-term debt	1,367,300	483,400
Repayments of long-term debt	(1,250,394)	(658,229)
Net (repayments of) proceeds from short-term debt	(23,552)	135,514
Repurchase of common stock	0	(15,996)
Net payments related to share-based compensation awards	(11,525)	(6,662)
Excess tax benefit from share-based compensation awards	5,005	0
Purchase of shares from noncontrolling interests	0	(8,557)
Dividends on common stock	(1,452)	(1,448)
Debt acquisition costs	(12,541)	0
Distributions to noncontrolling interests	(383)	(816)
Payment of contingent consideration	0	(2,406)
Proceeds from construction allowance	0	710
Net cash provided by (used in) financing activities	72,458	(74,490)
Effect of exchange rate changes on cash and cash equivalents	(53)	(4,185)
Net increase (decrease) in cash and cash equivalents	28,038	(7,311)
Cash and cash equivalents - beginning of period	16,426	25,222
Cash and cash equivalents - end of period	$ 44,464	$ 17,911

General

6 Months Ended

Apr. 30, 2016

Organization, Consolidation and Presentation of Financial Statements [Abstract]

General

The Cooper Companies, Inc. (Cooper, we or the Company) is a global medical device company publicly traded on the NYSE Euronext (NYSE: COO). Cooper is dedicated to being A Quality of Life Company^TM with a focus on delivering shareholder value. Cooper operates through our business units, CooperVision and CooperSurgical.


•	CooperVision develops, manufactures and markets a broad range of soft contact lenses for the worldwide vision correction market.


•	CooperSurgical develops, manufactures and markets medical devices and procedure solutions to improve health care delivery to women.

The unaudited consolidated condensed financial statements presented in this report contain all adjustments necessary to present fairly Cooper’s consolidated condensed financial position at April 30, 2016 and October 31, 2015, the consolidated results of its operations for the three and six months ended April 30, 2016 and 2015 and its consolidated condensed cash flows for the six months ended April 30, 2016 and 2015. Most of these adjustments are normal and recurring. However, certain adjustments associated with acquisitions are of a nonrecurring nature. Readers should not assume that the results reported here either indicate or guarantee future performance.

During interim periods, we follow the accounting policies described in our Annual Report on Form 10-K for the fiscal year ended October 31, 2015. Please refer to this when reviewing this Quarterly Report on Form 10-Q.

Management estimates and judgments are an integral part of financial statements prepared in accordance with accounting principles generally accepted in the United States of America (GAAP). We believe that the critical accounting policies listed below address the more significant estimates required of Management when preparing our consolidated financial statements in accordance with GAAP. We consider an accounting estimate critical if changes in the estimate may have a material impact on our financial condition or results of operations. We believe that the accounting estimates employed are appropriate and resulting balances are reasonable; however, actual results could differ from the original estimates, requiring adjustment to these balances in future periods. The accounting policies that reflect our more significant estimates, judgments and assumptions and which we believe are the most critical to aid in fully understanding and evaluating our reported financial results are:

•Revenue recognition

•Net realizable value of inventory

•Valuation of goodwill

•Business combinations

•Income taxes

•Share-based compensation

During the fiscal first half of 2016, there were no significant changes in our estimates and critical accounting policies. Please refer to Management’s Discussion and Analysis of Financial Condition and Results of Operations in Part II, Item 7 of our Annual Report on Form 10-K for the fiscal year ended October 31, 2015, for a more complete discussion of our estimates and critical accounting policies.

Accounting Pronouncements Issued Not Yet Adopted

In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, which is intended to improve the accounting for share-based payment transactions as part of the FASB’s simplification initiative. The ASU changes the following aspects of the accounting for share-based payment award transactions, including: accounting for income taxes; classification of excess tax benefits on the statement of cash flows; forfeitures; minimum statutory tax withholding requirements; and classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes. We are currently evaluating the impact of ASU 2016-09, which is effective for the Company in our fiscal year and interim periods beginning on November 1, 2017.

In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). ASU 2016-01 requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. We are currently evaluating the impact of ASU 2016-02, which is effective for the Company in our fiscal year and interim periods beginning on November 1, 2019.

In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes, which requires entities to present all deferred tax assets and liabilities as noncurrent. The amendments in the ASU are effective for the Company in our fiscal year and interim periods beginning on November 1, 2017. The Company does not expect the new guidance to have a material impact on the Company’s consolidated financial statements.

In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 requires revenue recognition to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 sets forth a new revenue recognition model that requires identifying the contract, identifying the performance obligations, determining the transaction price, allocating the transaction price to performance obligations and recognizing the revenue upon satisfaction of performance obligations. The amendments in the ASU can be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the update recognized at the date of the initial application along with additional disclosures. We are currently evaluating the impact of ASU 2014-09, which is effective for the Company in our fiscal year and interim periods beginning on November 1, 2018.

Accounting Pronouncements Recently Adopted

In April 2015, the FASB issued Accounting Standards Update (ASU) 2015-03, Interest - Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs. The amendments in this update require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. ASU 2015-03 is effective for interim and annual reporting periods beginning after December 15, 2016. Early adoption is permitted. We elected to early adopt this guidance as a change in accounting principle on a retrospective basis in the fiscal first quarter ended January 31, 2016. As of January 31, 2016 and October 31, 2015, we have presented debt issuance costs related to our term loans, previously reported in other assets, as direct deductions from the carrying amount of the debt liability. We also presented the debt issuance costs related to our revolving credit facility as a deferred asset within other assets, as is permitted by ASU 2015-15, Imputation of Interest, which was issued in August 2015. Such adoption did not have a material impact to our consolidated financial position.

Acquisitions	6 Months Ended
Acquisitions	Apr. 30, 2016
Business Combinations [Abstract]
Acquisitions	Acquisitions On March 31, 2016 we completed the acquisition of Genesis Genetics Inc., a genetics laboratory specializing in preimplantation genetic screening and preimplantation genetic diagnosis used during the IVF process, headquartered in Plymouth, Michigan. The fair value of the consideration transferred for the acquisition was approximately $60.0 million in cash, $59.3 million net of cash acquired. Our preliminary allocation of the fair value of the purchase price includes $28.6 million in identifiable intangible assets, consisting of $25.2 million for customer relationships and $3.4 million for trade names; $27.6 million in goodwill; and $3.8 million in identifiable net assets. On February 8, 2016, we completed the acquisition of The Pipette Company, a manufacturer and distributor of micro pipettes for the Assisted Reproductive Technology market headquartered in Adelaide, Australia. The fair value of the consideration transferred for the acquisition was approximately $20.2 million in cash, $19.6 million net of cash acquired. Our preliminary allocation of the fair value of the purchase price includes $5.6 million in identifiable intangible assets, consisting of $5.2 million for customer relationships and $0.4 million for trade names; $14.7 million in goodwill; and $0.2 million in identifiable net liabilities. On December 17, 2015, we completed the acquisition of Research Instruments Limited, a manufacturer and supplier of in vitro fertilization (IVF) medical devices and systems headquartered in Cornwall, United Kingdom. The fair value of the consideration transferred for the acquisition was approximately $53.6 million in cash, $50.0 million net of cash acquired. Our preliminary allocation of the fair value of the purchase price includes $10.3 million in identifiable intangible assets, consisting of $6.2 million for developed technology, $2.2 million of trade names and $1.9 million for customer relationships; $36.1 million in goodwill; and $7.3 million in identifiable net assets. We believe these acquisitions strengthen CooperSurgical's fertility business through the addition of new or complementary products and services within IVF and our genetic testing platform. The pro forma results of operations of these acquisitions have not been presented because the effects of the business combinations described above, individually and in the aggregate, were not material to our consolidated results of operations.

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
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+ Details

Restructuring and Integration Costs

6 Months Ended

Apr. 30, 2016

Restructuring and Related Activities [Abstract]

Restructuring and Integration Costs

2014 Sauflon Integration Plan

During the fiscal fourth quarter of 2014, in connection with the Sauflon acquisition, our CooperVision business unit initiated restructuring and integration activities to optimize operational synergies of the combined companies. These activities include workforce reductions, consolidation of duplicative facilities and product rationalization. We estimate that the total restructuring costs under this plan will be $125.0 million. These costs include approximately $95.0 million associated with assets, including product rationalization and related equipment disposals and accelerated depreciation, about $27.0 million associated with employee termination costs, and about $3.0 million associated with facility lease termination costs. We are substantially complete with activities related to operating expenses, and we expect to incur costs related to the manufacturing activities through the end of fiscal 2016.

In the three and six month periods ended April 30, 2016, we recorded in cost of sales $4.2 million and $14.7 million of expense, respectively, arising from production-related asset disposals and accelerated depreciation on equipment, primarily related to our hydrogel lenses, based on our review of products, materials and manufacturing processes of Sauflon. We recorded in cost of sales, employee termination costs of $0.7 million and $0.5 million in the three and six month periods ended April 30, 2016, respectively. We recorded $0.1 million of employee termination costs and $0.3 million for lease termination costs in selling, general and administrative expense in the six months ended April 30, 2016. We also recorded in research and development expense $0.1 million of employee termination costs in the six months ended April 30, 2016. In addition, CooperVision incurred $2.1 million and $10.0 million of integration costs included in operating expenses in the three and six month periods ended April 30, 2016, respectively.

In the three and six month periods ended April 30, 2015, we recorded in cost of sales $5.2 million and $13.9 million of expense, respectively, arising from production-related asset disposals and accelerated depreciation on equipment, primarily related to our hydrogel lenses, based on our review of products, materials and manufacturing processes of Sauflon. In the three month period ended April 30, 2015, we reduced the accrued employee termination costs in selling, general and administrative expense by $4.5 million based on estimates of the expected costs and the results of voluntary terminations. We recorded in research and development expense $0.2 million and $0.3 million of employee termination costs in the three and six months ended April 30, 2015, respectively. In addition, CooperVision incurred $8.0 million and $14.1 million of integration costs in the three and six months ended April 30, 2015, respectively, recorded in selling, general and administrative expense.

A summary of the cumulative total restructuring costs by major component recognized to date as of April 30, 2016, is as follows:



(In millions)	Employee-related			Facilities-related		Product Rationalization		Total
Amounts incurred in:
Year ended October 31, 2014	$	20.3		$	0.5	$	15.3	$	36.1
Year ended October 31, 2015	(2.5		)	0.4		57.7		55.6
Six months ended April 30, 2016	0.7			0.3		14.7		15.7
Cumulative amounts incurred as of April 30, 2016	$	18.5		$	1.2	$	87.7	$	107.4

The following table summarizes the restructuring activities by major component for the fiscal year ended October 31, 2015 and the six months ended April 30, 2016:



(In millions)	Employee-related			Facilities-related			Product Rationalization			Total

Balance at October 31, 2014	$	19.9		$	0.5		$	—		$	20.4
(Reductions) additions during fiscal 2015	(2.5		)	0.4			57.7			55.6
Payments during the fiscal year	(9.0		)	(0.4		)	—			(9.4		)
Non-cash adjustments (a) (b)	0.2			(0.2		)	(57.7		)	(57.7		)
Balance at October 31, 2015	8.6			0.3			—			8.9
Additions during the six months ended April 30, 2016	0.7			0.3			14.7			15.7
Payments during the six months ended April 30, 2016	(3.7		)	(0.1		)	—			(3.8		)
Non-cash adjustments (a) (b)	(0.1		)	(0.1		)	(14.7		)	(14.9		)
Balance at April 30, 2016	$	5.5		$	0.4		$	—		$	5.9

(a) Non-cash adjustments for employee-related and facilities-related costs represent currency translation adjustment.

(b) Non-cash adjustments for product rationalization represent equipment disposals, inventory write-offs and accelerated depreciation.

Inventories

6 Months Ended

Apr. 30, 2016

Inventory Disclosure [Abstract]

Inventories



(In millions)	April 30, 2016		October 31, 2015
Raw materials	$	85.8	$	80.9
Work-in-process	15.6		14.5
Finished goods	332.2		324.3
	$	433.6	$	419.7

Inventories are stated at the lower of cost or market. Cost is computed using standard cost that approximates actual cost, on a first-in, first-out basis.

Intangible Assets

6 Months Ended

Apr. 30, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Intangible Assets

Goodwill



(In millions)	CooperVision			CooperSurgical			Total
Balance at October 31, 2014	$	1,861.5		$	359.4		$	2,220.9
Net (reductions) additions during the year ended October 31, 2015	(1.2		)	17.4			16.2
Translation	(32.7		)	(7.3		)	(40.0		)
Balance at October 31, 2015	1,827.6			369.5			2,197.1
Net additions during the six-month period ended April 30, 2016	0.1			79.2			79.3
Translation	(45.7		)	2.6			(43.1		)
Balance at April 30, 2016	$	1,782.0		$	451.3		$	2,233.3

We performed our annual impairment assessment in our fiscal third quarter of 2015, and our analysis indicated that we had no impairment of goodwill. As described in our Annual Report on Form 10-K for the fiscal year ended October 31, 2015, we will continue to monitor conditions and changes which could indicate that our recorded goodwill may be impaired.

Other Intangible Assets



	As of April 30, 2016				As of October 31, 2015
(In millions)	Gross Carrying Amount		Accumulated Amortization & Translation		Gross Carrying Amount		Accumulated Amortization & Translation
Trademarks	$	29.9	$	5.4	$	23.7	$	4.4
Technology	332.0		127.0		318.9		114.7
Customer relationships	279.8		113.3		247.0		104.5
License and distribution rights and other	73.3		32.3		71.7		26.6
	715.0		$	278.0	661.3		$	250.2
Less: accumulated amortization and translation	278.0				250.2
Other intangible assets, net	$	437.0			$	411.1

We estimate that amortization expense for our existing other intangible assets at April 30, 2016, will be $59.6 million in fiscal 2016, $56.1 million in fiscal 2017, $54.1 million in fiscal 2018, $51.5 million in fiscal 2019 and $40.9 million in fiscal 2020.

Debt

6 Months Ended

Apr. 30, 2016

Debt Disclosure [Abstract]

Debt



(In millions)	April 30, 2016			October 31, 2015
Short-term:
Overdraft and other credit facilities	$	31.7		$	240.4
Current portion of long-term debt	—			3.8
Less: unamortized debt issuance cost on term loans	(1.5		)	(0.4		)
	$	30.2		$	243.8
Long-term:
Credit agreements	$	—		$	109.0
Term loans	1,415.0			996.3
Other	0.3			0.5
Less: unamortized debt issuance cost on term loans	(4.1		)	(0.4		)
	$	1,411.2		$	1,105.4

Revolving Credit and Term Loan Agreement on March 1, 2016 (2016 Credit Agreement)

On March 1, 2016, we entered into a new Revolving Credit and Term Loan Agreement (2016 Credit Agreement), among the Company, CooperVision International Holding Company, LP, the lenders from time to time party thereto and KeyBank National Association, as administrative agent. The 2016 Credit Agreement provides for a multicurrency revolving credit facility in an aggregate principal amount of $1.0 billion and a term loan facility in an aggregate principal amount of $830.0 million, each of which, unless terminated earlier, mature on March 1, 2021. In addition, we have the ability from time to time to request an increase to the size of the revolving credit facility or establish one or more new term loans under the term loan facility in an aggregate amount up to $750.0 million, subject to the discretionary participation of the lenders.

The 2016 Credit Agreement replaced our previous Credit Agreement that was entered into on January 12, 2011, and we terminated the Credit Agreement on March 1, 2016. In connection with the termination, all borrowings outstanding under the Credit Agreement were repaid and all letters of credit outstanding were transferred to the 2016 Credit Agreement. We did not incur any termination or prepayment penalties with respect to replacing the Credit Agreement. We used funds from the new term loan to repay the $200.0 million outstanding principal amount of the two uncommitted revolving lines of credit, entered into on March 24, 2015, as well as to partially repay outstanding amounts under the term loans entered into on August 4, 2014, and September 12, 2013, and for general corporate purposes.

Amounts outstanding under the 2016 Credit Agreement will bear interest, at our option, at either the base rate, which is a rate per annum equal to the greatest of (a) KeyBank’s prime rate, (b) 0.5% in excess of the federal funds effective rate and (c) 1% in excess of the adjusted LIBO rate for a one month interest period on such day, or the adjusted LIBO rate or adjusted foreign currency rate, plus, in each case, an applicable rate of, initially, 0.5% in respect of base rate loans and 1.5% in respect of adjusted LIBO rate or adjusted foreign currency rate loans. Following a specified period after the closing date, the applicable rates will be determined quarterly by reference to a grid based upon our ratio of consolidated net indebtedness to consolidated pro forma EBITDA, as defined in the 2016 Credit Agreement. During the term of the revolving credit facility, we may borrow, repay and re-borrow amounts available under the revolving credit facility, subject to voluntary reduction of the revolving commitment.

We pay an annual commitment fee that ranges from 0.125% to 0.25% of the unused portion of the revolving credit facility depending on certain financial ratios. In addition to the annual commitment fee described above, we are also required to pay certain letter of credit and related fronting fees and other administrative fees pursuant to the terms of the 2016 Credit Agreement.

The 2016 Credit Agreement is not secured by any of the Company's, or any of its subsidiaries’ (including CooperVision International Holding Company’s), assets. All obligations under this facility will be guaranteed by each of the Company’s existing and future direct and indirect domestic material subsidiaries, as defined in the 2016 Credit Agreement. CooperVision International Holding Company is responsible only for its own obligations, if any, and does not guarantee any of the Company’s obligations under the 2016 Credit Agreement.

The facility is not subject to amortization and is not subject to mandatory prepayments prior to maturity. We may prepay loan balances from time to time, in whole or in part, without premium or penalty (other than any related breakage costs).

The 2016 Credit Agreement contains customary restrictive covenants, as well as financial covenants that require us to maintain a certain total leverage ratio and interest coverage ratio, each as defined in the 2016 Credit Agreement. The 2016 Credit Agreement also contains customary events of default, the occurrence of which would permit KeyBank as the administrative agent to declare the principal, accrued interest and other obligations under the agreement to be immediately due and payable.

Pursuant to the terms of the 2016 Credit Agreement and the term loans discussed below, we are also required to maintain specified financial ratios:


•	The ratio of Consolidated Proforma EBITDA to Consolidated Interest Expense (as defined, Interest Coverage Ratio) be at least 3.00 to 1.00 at all times.


•	The ratio of Consolidated Funded Indebtedness to Consolidated Proforma EBITDA (as defined, Total Leverage Ratio) be no higher than 3.75 to 1.00.

At April 30, 2016, we were in compliance with the Interest Coverage Ratio at 26.42 to 1.00 and the Total Leverage Ratio at 2.37 to 1.00.

At April 30, 2016, we had $830.0 million outstanding under the term loan and about $1.0 billion available under the revolving credit agreement.

Uncommitted Revolving Lines of Credit on March 24, 2015

On March 24, 2015, we entered into two uncommitted line of credit agreements with TD Bank, N.A. and Santander Bank, N.A. These lines of credit had a termination date of March 24, 2016, and each provided revolving loan amounts to Cooper of up to $100.0 million, at the lender's option, with maturity dates of up to ninety days from the loan origination date. Amounts outstanding under these agreements will bear interest at a rate equal to LIBOR for the period plus, 0.90%, payable in arrears on the last day of the period, as defined in the agreements.

In the fiscal second quarter of 2016, in connection with the refinancing discussed above, we repaid the full outstanding principal amount of the two uncommitted revolving lines of credit. At April 30, 2016, there were no amounts outstanding under these agreements.

$700.0 million Term Loan on August 4, 2014

On August 4, 2014, we entered into a three-year, $700.0 million, senior unsecured term loan agreement by and among the Company, the lenders party thereto and KeyBank National Association as administrative agent. This syndicated credit facility will mature and the balance is payable on August 4, 2017. There is no amortization of principal and we may prepay loan balances from time to time, in whole or in part, without premium or penalty. In August 2014, we utilized this facility to fund the acquisition of Sauflon, as well as to provide working capital and for general corporate purposes. In fiscal second quarter of 2016, we repaid $400.0 million of the outstanding balance using funds from the 2016 Credit Agreement.

Amounts outstanding under this term loan agreement will bear interest, at the Company’s option, at either the base rate, which is a rate per annum equal to the greatest of (a) KeyBank’s prime rate, (b) 0.5% in excess of the federal funds effective rate and (c) 1% in excess of the adjusted Eurodollar rate (currently referred to as LIBOR) for a one-month interest period on such day, or the adjusted Eurodollar rate, plus, in each case, an applicable margin. The applicable margins will be determined quarterly by reference to a grid based upon the Company’s Total Leverage Ratio, as defined in the term loan agreement and consistent with the 2016 Credit Agreement discussed above.

This term loan agreement contains customary restrictive covenants, as well as financial covenants that require the Company to maintain a certain Total Leverage Ratio and Interest Coverage Ratio, each as defined in the agreement, and consistent with the 2016 Credit Agreement as discussed above. This term loan agreement also contains customary events of default, the occurrence of which would permit the Administrative Agent to declare the principal, accrued interest and other obligations of the Company under the agreement to be immediately due and payable.

On March 1, 2016, we entered into an Amendment and Restatement Agreement (Amended and Restated 2014 Term Loan) to amend and restate in its entirety the Term Loan Agreement, dated as of August 4, 2014, as amended by Amendment No. 1 dated as of August 21, 2015 (2014 Term Loan Agreement), by and among the Company, the lenders party thereto, and KeyBank National Association, as administrative agent. The Amended and Restated 2014 Term Loan modifies certain provisions of the 2014 Term Loan Agreement to, among other things, conform certain restrictive covenants and events of default to the restrictive covenants and events of default contained in our new 2016 Credit Agreement.

At April 30, 2016, we had $300.0 million outstanding under this term loan.

$300.0 million Term Loan on September 12, 2013

On September 12, 2013, the Company entered into a five-year, $300.0 million, senior unsecured term loan agreement by and among the Company; the lenders party thereto and KeyBank National Association, as administrative agent. This syndicated credit facility, as subsequently amended, will mature on September 12, 2018, and will be subject to amortization of principal of 5% per annum payable quarterly beginning October 31, 2016, with the balance payable at maturity. In fiscal second quarter of 2016, we repaid $15.0 million of the outstanding balance using the funds from the 2016 Credit Agreement.

Amounts outstanding under this term loan agreement will bear interest, at the Company's option, at either the base rate, which is a rate per annum equal to the greatest of (a) KeyBank's prime rate, (b) 0.5% in excess of the federal funds effective rate and (c) 1% in excess of the adjusted Eurodollar rate (currently referred to as LIBOR) for a one-month interest period on such day, or the adjusted Eurodollar rate, plus, in each case, an applicable margin. The applicable margins will be determined quarterly by reference to a grid based upon the Company's Total Leverage Ratio, as defined in the term loan agreement, and consistent with the 2016 Credit Agreement discussed above.

This term loan agreement contains customary restrictive covenants, as well as financial covenants that require the Company to maintain a certain Total Leverage Ratio and Interest Coverage Ratio, each as defined in the agreement, consistent with the 2016 Credit Agreement discussed above. The agreement also contains customary events of default, the occurrence of which would permit the Administrative Agent to declare the principal, accrued interest and other obligations of the Company under the agreement to be immediately due and payable.

In connection with the Sauflon acquisition, on June 30, 2014, we entered into an amendment to this term loan agreement, dated as of September 12, 2013, by and among (i) the Company, (ii) the lenders from time to time party thereto and (iii) KeyBank National Association, as administrative agent. This term loan amendment modifies certain provisions of the term loan agreement to, among other things, amend certain restrictive covenants and related definitions to allow for certain indebtedness, investments, guaranty obligations, acquisitions, intercompany loans, capital distributions and dispositions of assets made or to be made in connection with the acquisition.

On August 4, 2014, we entered into Amendment No. 2 to this term loan agreement, dated as of September 12, 2013, as amended by Amendment No. 1 dated as of June 30, 2014, by and among the Company, the lenders party thereto and KeyBank National Association, as administrative agent. The term loan amendment modifies certain provisions of the term loan agreement to remove the call premium related to prepayments and/or refinancing of the term loan agreement, effective August 4, 2014.

On March 1, 2016, we entered into an Amendment and Restatement Agreement (Amended and Restated 2013 Term Loan) to amend and restate in its entirety the Term Loan Agreement, dated as of September 12, 2013, as amended by Amendment No. 1 dated as of June 30, 2014, Amendment No. 2 dated as of August 4, 2014 and Amendment No. 3 dated as of August 21, 2015 (2013 Term Loan Agreement), by and among the Company, the lenders party thereto, and KeyBank National Association, as administrative agent. The Amended and Restated 2013 Term Loan modifies certain provisions of the 2013 Term Loan Agreement to, among other things, conform certain restrictive covenants and events of default to the restrictive covenants and events of default contained in our new 2016 Credit Agreement.

At April 30, 2016, we had $285.0 million outstanding under this term loan.

Income Taxes	6 Months Ended
Income Taxes	Apr. 30, 2016
Components of Income Tax Expense (Benefit), Continuing Operations [Abstract]
Income Taxes	Income Taxes Our effective tax rate (ETR) (provision for income taxes divided by pretax income) for the fiscal first half of 2016 was 5.4%. Our year-to-date results reflect the projected fiscal year ETR, plus any discrete items. The ETR used to record the provision for income taxes for the fiscal first half of 2015 was 8.6%. The decrease in the effective tax rate in the fiscal first half of 2016 was primarily due to a release of reserves associated with a prior year tax filing, a statutory tax rate reduction in the United Kingdom and the retroactive extension of the R&D tax credit. We recognize the benefit from a tax position only if it is more likely than not that the position would be sustained upon audit based solely on the technical merits of the tax position. At November 1, 2015, Cooper had unrecognized tax benefits of which, if recognized, $29.4 million would impact our ETR. For the six-month period ended April 30, 2016, there were no material changes to the total amount of unrecognized tax benefits. Interest and penalties of $3.7 million have been reflected as a component of the total liability at November 1, 2015. It is our policy to recognize the items of interest and penalties directly related to income taxes as additional income tax expense. Included in the balance of unrecognized tax benefits at November 1, 2015, is $10.0 million related to tax positions for which it is reasonably possible that the total amounts could significantly change during the next twelve months. This amount represents a decrease in unrecognized tax benefits related to expiring statutes in various jurisdictions worldwide and relates primarily to transfer pricing matters. At April 30, 2016, the tax years for which Cooper remains subject to United States Federal income tax assessment upon examination are 2014 through 2015. Cooper remains subject to income tax examinations in other significant tax jurisdictions including the United Kingdom, Japan, France and Australia for the tax years 2012 through 2015.

Earnings Per Share

6 Months Ended

Apr. 30, 2016

Earnings Per Share [Abstract]

Earnings Per Share



Periods Ended April 30,	Three Months				Six Months
(In millions, except per share amounts)	2016		2015		2016		2015
Net income attributable to Cooper stockholders	$	74.1	$	60.7	$	125.5	$	121.9
Basic:
Weighted average common shares	48.4		48.5		48.4		48.3
Basic earnings per common share attributable to Cooper stockholders	$	1.53	$	1.25	$	2.59	$	2.52
Diluted:
Weighted average common shares	48.4		48.5		48.4		48.3
Effect of potential dilutive common shares	0.5		0.7		0.4		0.8
Diluted weighted average common shares	48.9		49.2		48.8		49.1
Diluted earnings per common share attributable to Cooper stockholders	$	1.52	$	1.23	$	2.57	$	2.48

The following table sets forth stock options to purchase Cooper’s common stock and restricted stock units that were not included in the diluted earnings per share calculation because their effect would have been antidilutive for the periods presented:



Periods Ended April 30,	Three Months			Six Months
(In thousands, except exercise prices)	2016	2015		2016	2015
Numbers of stock option shares excluded	537	123		537	123
Range of exercise prices	$131.60-$162.69	$	162.28	$131.60-$162.69	$	162.28
Numbers of restricted stock units excluded	7	1		2	1

Share-Based Compensation Plans

6 Months Ended

Apr. 30, 2016

Share-based Compensation [Abstract]

Share-Based Compensation Plans

Cooper has several share-based compensation plans that are described in the Company’s Annual Report on Form 10‑K for the fiscal year ended October 31, 2015. The compensation expense and related income tax benefit recognized in our consolidated condensed financial statements for share-based awards were as follows:



Periods Ended April 30,	Three Months				Six Months
(In millions)	2016		2015		2016		2015
Selling, general and administrative expense	$	7.0	$	6.2	$	12.8	$	15.9
Cost of sales	0.7		0.6		1.2		1.4
Research and development expense	0.2		0.2		0.6		0.4
Total share-based compensation expense	$	7.9	$	7.0	$	14.6	$	17.7
Related income tax benefit	$	2.3	$	2.2	$	4.3	$	5.6

We capitalized share-based compensation expense as part of the cost of inventory in the amounts of $0.7 million and $1.2 million during the three and six months ended April 30, 2016, respectively; and $0.6 million and $1.4 million during the three and six months ended April 30, 2015, respectively.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Stockholders' Equity

6 Months Ended

Apr. 30, 2016

Equity [Abstract]

Stockholders' Equity

Stockholders’ Equity

Analysis of Changes in Accumulated Other Comprehensive Income (Loss):



(In millions)	Foreign Currency Translation Adjustment			Change in Value of Derivative Instruments			Minimum Pension Liability			Total
Balance at October 31, 2014	$	(92.4	)	$	(0.1	)	$	(13.7	)	$	(106.2	)
Gross change in value during the year ended October 31, 2015	(79.4		)	—			(10.0		)	(89.4		)
Reclassification adjustments for loss realized in net income	—			0.1			—			0.1
Tax effect for the period	—			—			3.9			3.9
Balance at October 31, 2015	$	(171.8	)	$	—		$	(19.8	)	$	(191.6	)
Gross change in value during the six-month period ended April 30, 2016	(61.5		)	—			(0.1		)	(61.6		)
Reclassification adjustments for loss realized in net income	—			—			—			—
Tax effect for the period	—			—			—			—
Balance at April 30, 2016	$	(233.3	)	$	—		$	(19.9	)	$	(253.2	)

Share Repurchases

In December 2011, our Board of Directors authorized the 2012 Share Repurchase Program and subsequently amended the total repurchase authorization to $500.0 million of the Company’s common stock. This program has no expiration date and may be discontinued at any time. Purchases under the 2012 Share Repurchase Program are subject to a review of the circumstances in place at the time and may be made from time to time as permitted by securities laws and other legal requirements. We did not repurchase shares in the fiscal first half of 2016. In the fiscal first quarter of 2015, we repurchased 100 thousand shares of the Company’s common stock for $16.0 million, at an average purchase price of $159.96 per share. At April 30, 2016, approximately $118.4 million remains authorized for repurchase under the program.

Dividends

We paid a semiannual dividend of approximately $1.5 million or 3 cents per share on February 9, 2016, to stockholders of record on January 22, 2016.

- Definition

The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income.

+ References

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+ Details

Fair Value Measurements

6 Months Ended

Apr. 30, 2016

Fair Value Disclosures [Abstract]

Fair Value Measurements

At April 30, 2016 and October 31, 2015, the carrying value of cash and cash equivalents, accounts receivable, prepaid expense and other current assets, lines of credit, accounts payable and other current liabilities approximate fair value due to the short-term nature of such instruments and the ability to obtain financing on similar terms.

Assets and liabilities are measured and reported at fair value per related accounting standards that define fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value hierarchy prioritizes the inputs to valuation techniques used to measure fair value. An asset’s or liability’s level is based on the lowest level of input that is significant to the fair value measurement. Assets and liabilities carried at fair value are valued and disclosed in one of the following three levels of the valuation hierarchy:

Level 1: Quoted market prices in active markets for identical assets or liabilities.

Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data.

Level 3: Unobservable inputs reflecting the reporting entity’s own assumptions.

We believe that the balances of our revolving debt and term loans approximated their fair values at April 30, 2016 and October 31, 2015 and are categorized as Level 2 of the fair value hierarchy.

The Company has derivative assets and liabilities that may include interest rate swaps, cross currency swaps and foreign currency forward contracts. The impact of the counterparty’s creditworthiness when in an asset position and Cooper’s creditworthiness when in a liability position has also been factored into the fair value measurement of the derivative instruments. Both the counterparty and Cooper are expected to continue to perform under the contractual terms of the instruments.

We may use interest rate swaps to maintain our desired mix of fixed-rate and variable-rate debt. The swaps exchange fixed and variable rate payments without exchanging the notional principal amount of the debt. We generally have elected to use the income approach to value the derivatives using observable Level 2 market expectations at the measurement date and standard valuation techniques to convert future amounts to a single present amount assuming that participants are motivated but not compelled to transact. Level 2 inputs are limited to quoted prices for similar assets or liabilities in active markets, specifically Eurodollar futures contracts up to three years, and inputs other than quoted prices that are observable for the asset or liability - specifically LIBOR cash and swap rates and credit risk at commonly quoted intervals. Mid-market pricing may be used as a practical expedient for fair value measurements.

We may use foreign exchange forward contracts to minimize, to the extent reasonable and practical, our exposure to the impact of foreign currency fluctuations. We have elected to use the income approach to value the derivatives using observable Level 2 market expectations at the measurement date and standard valuation techniques to convert future amounts to a single present amount assuming that participants are motivated but not compelled to transact. Level 2 inputs for the valuations are limited to quoted prices for similar assets or liabilities in active markets and inputs other than quoted prices that are observable for the asset or liability - specifically LIBOR cash rates, credit risk at commonly quoted intervals, foreign exchange spot rates and forward points. Mid-market pricing is used as a practical expedient for fair value measurements.

The following table sets forth our financial assets and liabilities that were measured at fair value on a recurring basis using Level 2 inputs during the fiscal first six months of 2016, within the fair value hierarchy at April 30, 2016, and fiscal year 2015, within the fair value hierarchy at October 31, 2015:



(In millions)	April 30, 2016		October 31, 2015
Assets:
Foreign exchange contracts	$	0.8	$	1.3
Liabilities:
Foreign exchange contracts	$	0.9	$	0.4

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Employee Benefits

6 Months Ended

Apr. 30, 2016

General Discussion of Pension and Other Postretirement Benefits [Abstract]

Employee Benefits

Cooper’s Retirement Income Plan (Plan), a defined benefit plan, covers substantially all full-time United States employees. Our contributions are designed to fund normal cost on a current basis and to fund the estimated prior service cost of benefit improvements. The unit credit actuarial cost method is used to determine the annual cost. Cooper pays the entire cost of the Plan and funds such costs as they accrue. Virtually all of the assets of the Plan are comprised of equities and participation in equity and fixed income funds.

Our results of operations for the three and six months ended April 30, 2016 and 2015 reflect the following components of net periodic pension costs:



Periods Ended April 30,	Three Months						Six Months
(In millions)	2016			2015			2016			2015
Service cost	$	2.3		$	2.0		$	4.6		$	4.1
Interest cost	1.2			1.1			2.5			2.1
Expected return on plan assets	(1.6		)	(1.5		)	(3.3		)	(3.0		)
Amortization of prior service cost	—			—			—			—
Recognized net actuarial loss	0.4			0.2			0.8			0.5
Net periodic pension cost	$	2.3		$	1.8		$	4.6		$	3.7

We contributed $2.5 million to the Plan in the fiscal first half of 2016, and expect to contribute an additional $7.5 million during fiscal 2016. We contributed $2.5 million to the Plan in the fiscal first half of 2015. The expected rate of return on plan assets for determining net periodic pension cost is 8%.

Contingencies	6 Months Ended
Contingencies	Apr. 30, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingencies	Contingencies Since March 2015, over 50 putative class action complaints were filed by contact lens consumers alleging that contact lens manufacturers, in conjunction with their respective Unilateral Pricing Policy (UPP), conspired to reach agreements between each other and certain distributors and retailers regarding the prices at which certain contact lenses could be sold to consumers. The plaintiffs are seeking damages against CooperVision, Inc., other contact lens manufacturers, distributors and retailers, in various courts around the United States. In June 2015, all of the class action cases were consolidated and transferred to the United States District Court for the Middle District of Florida. CooperVision and the other defendants jointly filed a motion to dismiss the complaints which currently is pending, and the actions currently are in discovery. CooperVision denies the allegations and intends to defend the actions vigorously. We are not in a position to assess whether any loss or adverse effect on our financial condition is probable or remote or to estimate the range of potential loss, if any.

- Definition

The entire disclosure for loss and gain contingencies. Describes any existing condition, situation, or set of circumstances involving uncertainty as of the balance sheet date (or prior to issuance of the financial statements) as to a probable or reasonably possible loss incurred by an entity that will ultimately be resolved when one or more future events occur or fail to occur, and typically discloses the amount of loss recorded or a range of possible loss, or an assertion that no reasonable estimate can be made.

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+ Details

Business Segment Information

6 Months Ended

Apr. 30, 2016

Segment Reporting [Abstract]

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 millions)	2016			2015			2016			2015
CooperVision net sales by category:
Toric lens	$	120.5		$	107.1		$	228.0		$	215.6
Multifocal lens	42.5			37.9			82.9			80.4
Single-use sphere lens	97.6			85.1			188.4			169.3
Non single-use sphere and other	130.6			129.5			256.3			263.6
Total CooperVision net sales	391.2			359.6			755.6			728.9
CooperSurgical net sales	92.6			75.1			177.8			150.9
Total net sales	$	483.8		$	434.7		$	933.4		$	879.8
Operating income (loss):
CooperVision	$	83.6		$	67.7		$	136.4		$	140.9
CooperSurgical	17.7			14.2			33.1			27.4
Corporate	(11.5		)	(10.9		)	(22.3		)	(24.2		)
Total operating income	89.8			71.0			147.2			144.1
Interest expense	7.6			4.7			12.9			8.6
Other (income) expense, net	(0.4		)	(0.7		)	1.0			1.0
Income before income taxes	$	82.6		$	67.0		$	133.4		$	134.5



(In millions)	April 30, 2016		October 31, 2015
Identifiable assets:
CooperVision	$	3,678.9	$	3,714.6
CooperSurgical	817.6		674.8
Corporate	104.8		70.5
Total	$	4,601.3	$	4,459.9

Geographic information:



Periods Ended April 30,	Three Months				Six Months
(In millions)	2016		2015		2016		2015
Net sales to external customers by country of domicile:
United States	$	221.4	$	197.4	$	428.2	$	401.3
Europe	165.9		154.7		323.0		313.8
Rest of world	96.5		82.6		182.2		164.7
Total	$	483.8	$	434.7	$	933.4	$	879.8



(In millions)	April 30, 2016		October 31, 2015
Long-lived assets by country of domicile:
United States	$	500.9	$	494.2
Europe	391.6		407.9
Rest of world	71.9		65.0
Total	$	964.4	$	967.1

- 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.

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+ Details

Subsequent Event	6 Months Ended
Subsequent Event	Apr. 30, 2016
Subsequent Events [Abstract]
Subsequent Event	Subsequent Event Subsequent to our fiscal second quarter of 2016, on May 31, 2016, CooperSurgical acquired Reprogenetics UK, a genetics laboratory specializing in service offerings of preimplantation genetic screening (PGS) and preimplantation genetic diagnosis (PGD) used during the IVF process, for approximately $12.0 million. Subsequent to our fiscal second quarter of 2016, on May 25, 2016, CooperSurgical acquired the commercial assets of Recombine Inc., a clinical genetic testing company specializing in carrier screening for approximately $85.0 million. Subsequent to our fiscal second quarter of 2016, on May 4, 2016, CooperSurgical acquired Kivex Biotec A/S (K-Systems), a manufacturer and distributor of equipment for IVF clinics, for approximately $11.5 million.

General (Policies)	6 Months Ended
General (Policies)	Apr. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Accounting Pronouncements Issued Not Yet Adopted and Accounting Pronouncements Recently Adopted	Accounting Pronouncements Issued Not Yet Adopted In March 2016, the FASB issued ASU 2016-09, Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting, which is intended to improve the accounting for share-based payment transactions as part of the FASB’s simplification initiative. The ASU changes the following aspects of the accounting for share-based payment award transactions, including: accounting for income taxes; classification of excess tax benefits on the statement of cash flows; forfeitures; minimum statutory tax withholding requirements; and classification of employee taxes paid on the statement of cash flows when an employer withholds shares for tax-withholding purposes. We are currently evaluating the impact of ASU 2016-09, which is effective for the Company in our fiscal year and interim periods beginning on November 1, 2017. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842). ASU 2016-01 requires that a lessee recognize the assets and liabilities that arise from operating leases. A lessee should recognize in the statement of financial position a liability to make lease payments (the lease liability) and a right-of-use asset representing its right to use the underlying asset for the lease term. For leases with a term of 12 months or less, a lessee is permitted to make an accounting policy election by class of underlying asset not to recognize lease assets and lease liabilities. In transition, lessees and lessors are required to recognize and measure leases at the beginning of the earliest period presented using a modified retrospective approach. We are currently evaluating the impact of ASU 2016-02, which is effective for the Company in our fiscal year and interim periods beginning on November 1, 2019. In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes, which requires entities to present all deferred tax assets and liabilities as noncurrent. The amendments in the ASU are effective for the Company in our fiscal year and interim periods beginning on November 1, 2017. The Company does not expect the new guidance to have a material impact on the Company’s consolidated financial statements. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-09 requires revenue recognition to depict the transfer of goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. ASU 2014-09 sets forth a new revenue recognition model that requires identifying the contract, identifying the performance obligations, determining the transaction price, allocating the transaction price to performance obligations and recognizing the revenue upon satisfaction of performance obligations. The amendments in the ASU can be applied either retrospectively to each prior reporting period presented or retrospectively with the cumulative effect of initially applying the update recognized at the date of the initial application along with additional disclosures. We are currently evaluating the impact of ASU 2014-09, which is effective for the Company in our fiscal year and interim periods beginning on November 1, 2018. Accounting Pronouncements Recently Adopted In April 2015, the FASB issued Accounting Standards Update (ASU) 2015-03, Interest - Imputation of Interest (Subtopic 835-30) Simplifying the Presentation of Debt Issuance Costs. The amendments in this update require that debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. ASU 2015-03 is effective for interim and annual reporting periods beginning after December 15, 2016. Early adoption is permitted. We elected to early adopt this guidance as a change in accounting principle on a retrospective basis in the fiscal first quarter ended January 31, 2016. As of January 31, 2016 and October 31, 2015, we have presented debt issuance costs related to our term loans, previously reported in other assets, as direct deductions from the carrying amount of the debt liability. We also presented the debt issuance costs related to our revolving credit facility as a deferred asset within other assets, as is permitted by ASU 2015-15, Imputation of Interest, which was issued in August 2015. Such adoption did not have a material impact to our consolidated financial position.

Restructuring and Integration Costs (Tables)

6 Months Ended

Apr. 30, 2016

Restructuring and Related Activities [Abstract]

Schedule of Restructuring Costs

A summary of the cumulative total restructuring costs by major component recognized to date as of April 30, 2016, is as follows:



(In millions)	Employee-related			Facilities-related		Product Rationalization		Total
Amounts incurred in:
Year ended October 31, 2014	$	20.3		$	0.5	$	15.3	$	36.1
Year ended October 31, 2015	(2.5		)	0.4		57.7		55.6
Six months ended April 30, 2016	0.7			0.3		14.7		15.7
Cumulative amounts incurred as of April 30, 2016	$	18.5		$	1.2	$	87.7	$	107.4

The following table summarizes the restructuring activities by major component for the fiscal year ended October 31, 2015 and the six months ended April 30, 2016:



(In millions)	Employee-related			Facilities-related			Product Rationalization			Total

Balance at October 31, 2014	$	19.9		$	0.5		$	—		$	20.4
(Reductions) additions during fiscal 2015	(2.5		)	0.4			57.7			55.6
Payments during the fiscal year	(9.0		)	(0.4		)	—			(9.4		)
Non-cash adjustments (a) (b)	0.2			(0.2		)	(57.7		)	(57.7		)
Balance at October 31, 2015	8.6			0.3			—			8.9
Additions during the six months ended April 30, 2016	0.7			0.3			14.7			15.7
Payments during the six months ended April 30, 2016	(3.7		)	(0.1		)	—			(3.8		)
Non-cash adjustments (a) (b)	(0.1		)	(0.1		)	(14.7		)	(14.9		)
Balance at April 30, 2016	$	5.5		$	0.4		$	—		$	5.9

(a) Non-cash adjustments for employee-related and facilities-related costs represent currency translation adjustment.

(b) Non-cash adjustments for product rationalization represent equipment disposals, inventory write-offs and accelerated depreciation.