Symantec 1999 Annual Report Download - page 88

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SYMANTEC CORPORATION
Notes to Consolidated Financial Statements, Continued
74
NOTE 19. SEGMENT INFORMATION
Symantec markets its products in North America and international countries primarily through retail and distribution
channels.
Symantec’s reportable segments are significant strategic business units that offer different products and services,
distinguished by customer needs. We have four reportable segments: Remote Productivity Solutions, Security and
Assistance, Internet Tools and Corporate Sunset. The Remote Productivity Solutions business unit focuses on helping
Information Technology organizations reduce the expense of supporting remote workers. This business unit focuses
on corporate helpdesk and support organizations’ need to more efficiently handle the additional work required to
support mobile workers, telecommuters and remote offices. The Security and Assistance business unit is dedicated to
being indispensable in customers’ daily use of computers by increasing productivity and keeping computers safe and
reliable. The Internet Tools business unit includes products providing an easy to use Java development environment.
The Corporate Sunset segment includes revenues from products nearing the end of their life cycle.
The accounting policies of the segments are the same as those described in the Summary of Significant Accounting
Policies. Symantec’s business units are aligned by discrete products. There are no intersegment sales. Symantec’s
Chief Executive Officer and his staff evaluate performance based on profit or loss from operations before income
taxes not including nonrecurring gains and losses, foreign exchange gains and losses and miscellaneous other income
and expenses. Non-segment items included all general and administrative expenses and charges that are one-time in
nature, such as in-process research and development, judgment settlements and restructuring and other expenses, and
are not allocated to the business units. Assets and liabilities are not discretely reviewed by segment.
(In Thousands) Remote Security Non-
Productivity and Internet Corporate Total Segment Total
Solutions Assistance Tools Sunset Segments Items Company
Fiscal 1999
Revenue from
external customers $ 228,332 $ 338,703 $ 24,077 $ 1,526 $ 592,628 $ -- $ 592,628
Operating income (loss) 69,613 67,376 (10,413) (10,577) 115,999 (88,158) 27,841
Depreciation &
amortization expense 1,112 7,377 762 27,721 36,972 -- 36,972
Fiscal 1998
Revenue from
external customers 216,318 288,931 20,392 7,299 532,940 -- 532,940
Operating income (loss) 62,972 65,689 (14,167) (14,899) 99,595 (44,671) 54,924
Depreciation &
amortization expense 1,693 1,843 709 22,849 27,094 -- 27,094
Fiscal 1997
Revenue from
external customers 166,380 225,726 19,224 41,603 452,933 -- 452,933
Operating income (loss) 18,168 46,744 (1,540) 2,195 65,567 (48,017) 17,550
Depreciation &
amortization expense 1,929 2,012 657 32,573 37,171 -- 37,171