Symantec 2000 Annual Report Download - page 34

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34 }0
SYMANTEC CORPORATION CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
Capital in Notes Accum. Retained Total
Common Excess of Receivable From Other Unearned Earnings Stockholders’
(In thousands) Stock Par Value Stockholders Comp. Loss Compensation (Accum. Deficit) Equity
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
Repurchased 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
1,190 shares from conversion of
convertible debentures 12 14 , 272 — — — — 14 , 284
Repurchased 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
Components of comprehensive income:
Net income — — — — — 170 ,148 170 , 148
Unrealized loss on
short-term investments — — — (2, 069) — — (2 , 069)
Translation adjustment — — — (6 , 528) — — (6 , 528)
Total comprehensive income 161 , 551
Issued common stock:
4,338 shares under stock plans 43 70 , 640 — — — — 70 , 683
100 shares of restricted stock 1 1 , 299 — — (1 , 300 ) — —
Amortization of unearned
compensation — — — — 623 — 623
Agreement with former CEO — 1 , 232 120 — — — 1 , 352
Repurchased 1,000 shares of
common stock (10 ) (10 , 571) — — — (8 ,149) (18 , 730)
Income tax benefit related to
stock options — 57 , 365 — — — — 57 , 365
Balances, March 31, 2000 $ 603 $ 435 , 663 $ (24) $ (27 , 707) $ (677) $ 210 ,099 $ 617 , 957
The accompanying summary of significant accounting policies and notes to consolidated financial statements are an integral part of these statements.