Symantec 1999 Annual Report Download - page 64

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The accompanying Summary of Significant Accounting Policies and Notes to Consolidated Financial Statements are an
integral part of these statements.
50
SYMANTEC CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Notes Accum.
Capital in Receivable Other Retained Total
Common Excess of from Comp. Earnings Stockholders’
(In thousands) Stock Par Value Stockholders Loss (Deficit) Equity
Balances, March 31, 1996 $ 536 $279,745 $(144) $(7,828) $(91,992) $180,317
Components of comprehensive income:
Net income -- -- -- -- 26,038 26,038
Unrealized gain on short term
investments -- -- -- 213 -- 213
Translation adjustment -- -- -- 11 -- 11
Total comprehensive income 26,262
Acquisition of Fast Track:
Issued 600 shares of common stock 6(5) -- -- -- 1
Acquired company’s accumulated deficit -- -- -- -- (445) (445)
Issued common stock:
1,191 shares under stock plans 12 11,832 -- -- -- 11,844
Balances, March 31, 1997 554 291,572 (144) (7,604) (66,399) 217,979
Components of comprehensive income:
Net income -- -- -- -- 85,089 85,089
Unrealized gain on short term
investments -- -- -- 181 -- 181
Translation adjustment -- -- -- (5,136) -- (5,136)
Total comprehensive income 80,134
Issued common stock:
2,622 shares under stock plans 26 32,998 -- -- -- 33,024
60 shares from conversion of
convertible debentures 1 715 -- -- -- 716
Repurchase 1,000 shares of
common stock (10) (21,336) -- -- -- (21,346)
Income tax benefit related
to stock options -- 7,000 -- -- -- 7,000
Balances, March 31, 1998 571 310,949 (144) (12,559) 18,690 317,507
Components of comprehensive income:
Net income -- -- -- -- 50,201 50,201
Unrealized loss on
short term investments -- -- -- (461) -- (461)
Translation adjustment -- -- -- (6,090) -- (6,090)
Total comprehensive income 43,650
Issued common stock:
1,447 shares under stock plans 15 19,798 -- -- -- 19,813
1,990 shares from conversion of
convertible debentures 12 14,272 -- -- -- 14,284
Repurchase 2,875 shares of
common stock (29) (35,521) -- -- (20,791) (56,341)
Income tax benefit related
to stock options -- 6,200 -- -- -- 6,200
Balances, March 31, 1999 $ 569 $ 315,698 $ (144)$ (19,110)$ 48,100 $ 345,113