Symantec 2000 Annual Report Download - page 32

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32 }0
CONSOLIDATED FINANCIAL STATEMENTS
SYMANTEC CORPORATION CONSOLIDATED BALANCE SHEETS
March 31,
(In thousands) 2000 1999
ASSETS
Current assets:
Cash, cash equivalents and short-term investments $ 431 ,550 $ 192 , 755
Trade accounts receivable 47 ,266 76 , 386
Inventories 5 ,675 6 , 377
Deferred income taxes 40 , 189 22 , 636
Other 20 ,857 12 , 790
Total current assets 545 ,537 310 , 944
Long-term investments — 4 , 270
Restricted investments 81 ,956 71 , 405
Equipment and leasehold improvements 51 ,905 52 , 887
Deferred income taxes 38 ,827 5 , 519
Purchased product rights and capitalized software 34 ,070 36 , 209
Goodwill 82 ,972 75 , 224
Other 10 ,760 7 , 018
$ 846 ,027 $ 563 , 476
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable $ 43 ,030 $ 45 , 862
Accrued compensation and benefits 25 , 714 20 , 788
Deferred revenue 90 , 813 55 , 965
Other accrued expenses 61 ,594 75 , 954
Income taxes payable 5 ,366 18 , 339
Total current liabilities 226 , 517 216 , 908
Long-term obligations 1 ,553 1 , 455
Commitments and contingencies
Stockholders’ equity:
Preferred stock (par value: $0.01 authorized:
1,000; issued and outstanding: none) ——
Common stock (par value: $0.01 authorized:
100,000; issued and outstanding: 60,309 and 56,872 shares) 603 569
Capital in excess of par value 435 ,663 315 , 698
Notes receivable from stockholders (24 ) (144 )
Accumulated other comprehensive loss (27 ,707) (19 , 110 )
Unearned compensation (677) —
Retained earnings 210 ,099 48 , 100
Total stockholders’ equity 617 ,957 345 , 113
$ 846 ,027 $ 563 , 476
The accompanying summary of significant accounting policies and notes to consolidated financial statements are an integral part of these statements.