Symantec 2001 Annual Report Download - page 40

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notes to consolidated financial statements
Note 1. Balance Sheet Information
March 31
(In thousands) 2001 2000
Cash, cash equivalents and short-term investments:
Cash $ 97,685 $ 60,103
Cash equivalents 130,238 27,870
Short-term investments 329,104 343,577
$ 557,027 $ 431,550
Trade accounts receivable:
Receivables $ 125,000 $ 53,710
Less: allowance for doubtful accounts (8,339) (6,444)
$ 116,661 $ 47,266
Equipment and leasehold improvements:
Computer hardware and software $ 189,497 $ 142,290
Office furniture and equipment 43,752 39,330
Leasehold improvements 30,313 19,585
263,562 201,205
Less: accumulated depreciation and amortization (170,343) (149,300)
$ 93,219 $ 51,905
Acquired product rights:
Purchased product rights, technologies and workforce-in-place $ 136,029 $ 54,592
Capitalized software development costs —2,397
Less: accumulated amortization of purchased product rights, technologies
and workforce-in-place (31,742) (20,522)
Less: accumulated amortization of capitalized software development costs —(2,397)
$ 104,287 $ 34,070
Goodwill:
Goodwill $ 808,947 $ 107,032
Less: accumulated amortization (95,397) (24,060)
$ 713,550 $ 82,972
Accumulated other comprehensive loss:
Unrealized gain (loss) on available-for-sale investments $ 614 $ (2,373)
Cumulative translation adjustment (49,486) (25,334)
$ (48,872) $ (27,707)
Note 2. Income Statement Information
Year Ended March 31
(In thousands) 2001 2000 1999
Technical support costs included in sales and marketing $ 26,968 $ 32,427 $ 34,219
Advertising expense $ 46,884 $ 43,630 $ 50,779
Technical support costs included in sales and marketing relate to the estimated cost of providing free post-contract support (generally telephone
support) that is accrued at the time of product sale. Advertising expenditures are charged to operations as incurred.
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