$COO

COOPER COMPANIES INC

CIK:0000711404|SEC Filings

Consolidated Condensed Statements of Income and Comprehensive Income - USD ($) shares in Millions, $ in Millions	3 Months Ended		9 Months Ended
	Jul. 31, 2026	Jul. 31, 2025	Jul. 31, 2026	Jul. 31, 2025
Income Statement [Abstract]
Net sales	$ 1,066.2	$ 1,060.3	$ 3,171.8	$ 3,027.3
Cost of sales	354.3	368.3	1,029.3	996.0
Gross profit	711.9	692.0	2,142.5	2,031.3
Selling, general and administrative expense	401.3	421.7	1,467.7	1,208.6
Research and development expense	41.6	44.6	128.4	130.8
Amortization of intangibles	47.0	50.0	142.6	149.4
Operating income	222.0	175.7	403.8	542.5
Interest expense	21.5	25.4	64.8	75.6
Other (income) expense, net	(1.3)	(1.6)	(6.6)	17.2
Income before income taxes	201.8	151.9	345.6	449.7
Provision for income taxes (Note 5)	(231.0)	53.6	(140.1)	159.4
Net income	$ 432.8	$ 98.3	$ 485.7	$ 290.3
Earnings per share (Note 6):
Basic (in dollars per share)	$ 2.24	$ 0.49	$ 2.50	$ 1.45
Diluted (in dollars per share)	$ 2.24	$ 0.49	$ 2.49	$ 1.45
Number of shares used to compute earnings per share:
Basic (in shares)	193.0	199.3	194.6	199.6
Diluted (in shares)	193.4	200.0	195.2	200.6
Other comprehensive income, net of tax:
Cash flow hedges	$ (1.5)	$ 3.9	$ (5.1)	$ (17.7)
Foreign currency translation adjustment	(18.5)	(3.7)	28.4	47.3
Comprehensive income	$ 412.8	$ 98.5	$ 509.0	$ 319.9

Consolidated Condensed Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Jul. 31, 2026	Jul. 31, 2025
Cash flows from operating activities:
Net income	$ 485.7	$ 290.3
Depreciation and amortization	285.6	279.0
Settlement of contingent consideration	(0.5)	0.0
Net changes in operating capital	111.0	(259.7)
Deferred income taxes	(187.8)	122.2
Other non-cash items	91.4	116.4
Net cash provided by operating activities	785.4	548.2
Cash flows from investing activities:
Purchases of property, plant and equipment	(257.3)	(264.4)
Acquisitions of businesses and assets, net of cash acquired, and other	(5.4)	(9.7)
Net cash used in investing activities	(262.7)	(274.1)
Cash flows from financing activities:
Proceeds from long-term debt, net of issuance costs	2,847.1	2,174.9
Repayments of long-term debt	(2,839.7)	(2,294.7)
Acquisition installment payment	(44.5)	(47.1)
Net proceeds from short-term debt	30.8	11.9
Net payments related to share-based compensation awards	(29.2)	(19.7)
Repurchase of common stock	(447.2)	(93.3)
Issuance of common stock for employee stock purchase plan	7.4	6.5
Settlement of contingent consideration	(1.3)	0.0
Net cash used in financing activities	(476.6)	(261.5)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(1.8)	4.6
Net increase in cash, cash equivalents, and restricted cash	44.3	17.2
Cash, cash equivalents, and restricted cash at beginning of period	110.6	107.7
Cash, cash equivalents, and restricted cash at end of period	154.9	124.9
Reconciliation of cash flow information:
Cash and cash equivalents	154.7	124.9
Restricted cash included in other current assets	0.2	0.0
Total cash, cash equivalents, and restricted cash	$ 154.9	$ 124.9

Consolidated Condensed Balance Sheets - USD ($) $ in Millions	Jul. 31, 2026	Oct. 31, 2025
Current assets:
Cash and cash equivalents	$ 154.7	$ 110.6
Trade accounts receivable, net of allowance for credit losses of $76.1 at July 31, 2026, and $51.9 at October 31, 2025	788.9	829.0
Inventories (Note 2)	911.5	846.0
Prepaid expense and other current assets	426.4	320.8
Total current assets	2,281.5	2,106.4
Property, plant and equipment, net	2,144.9	2,082.0
Goodwill	3,876.3	3,853.4
Other intangibles, net (Note 3)	1,445.9	1,586.3
Deferred tax assets	2,267.9	2,077.5
Other assets	656.9	689.2
Total assets	12,673.4	12,394.8
Current liabilities:
Short-term debt (Note 4)	628.1	47.8
Accounts payable	251.2	300.4
Employee compensation and benefits	174.6	210.6
Deferred revenue (Note 2)	129.6	127.9
Accrued litigation liability (Note 9)	316.5	0.7
Other current liabilities	366.6	425.4
Total current liabilities	1,866.6	1,112.8
Long-term debt (Note 4)	1,916.1	2,457.5
Deferred tax liabilities	94.2	93.3
Long-term tax payable	2.4	7.5
Deferred revenue	208.7	201.8
Other liabilities	257.0	282.8
Total liabilities	4,345.0	4,155.7
Contingencies and commitments (Note 9)
Stockholders’ equity:
Preferred stock, $0.10 par value, 1.0 shares authorized, zero shares issued or outstanding	0.0	0.0
Common stock, $0.10 par value, 480.0 shares authorized, 217.9 issued and 190.1 outstanding at July 31, 2026, and 217.6 issued and 195.9 outstanding at October 31, 2025	21.8	21.8
Additional paid-in capital	1,998.5	1,975.5
Accumulated other comprehensive loss	(383.2)	(406.5)
Retained earnings	8,129.0	7,643.3
Treasury stock at cost: 27.8 shares at July 31, 2026, and 21.7 shares at October 31, 2025	(1,437.9)	(995.2)
Total Cooper stockholders’ equity	8,328.2	8,238.9
Noncontrolling interests	0.2	0.2
Stockholders’ equity (Note 8)	8,328.4	8,239.1
Total liabilities and stockholders’ equity	$ 12,673.4	$ 12,394.8