Symantec 2004 Annual Report Download - page 50

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«48»SYMANTEC CORPORATION
Symantec Corporation Consolidated Balance Sheets
March 31,
(In thousands, except par value) 2004 2003
Assets
Current assets:
Cash, cash equivalents and short-term investments $2,410,331 $1,705,658
Trade accounts receivable, net 259,152 149,664
Inventories 15,134 5,912
Current deferred income taxes 98,438 92,284
Other current assets 59,079 34,628
Total current assets 2,842,134 1,988,146
Property, equipment and leasehold improvements, net 378,367 333,275
Long-term deferred income taxes –7,986
Acquired product rights, net 120,938 73,125
Goodwill 1,080,759 833,449
Other long-term assets 34,300 29,749
$4,456,498 $3,265,730
Liabilities and Stockholder’s Equity
Current liabilities:
Accounts payable $ 71,654 $ 67,720
Accrued compensation and benefits 116,770 90,947
Current deferred revenue 878,716 530,378
Other accrued expenses 92,595 69,363
Income taxes payable 127,305 76,965
Total current liabilities 1,287,040 835,373
Convertible subordinated notes 599,987 599,998
Long-term deferred revenue 92,481 59,251
Long-term deferred tax liabilities 44,750 –
Other long-term obligations 6,032 6,729
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: 900,000; issued and outstanding:
311,854 and 148,785 shares, respectively) 3,119 1,488
Capital in excess of par value 1,573,466 1,335,028
Accumulated other comprehensive income 125,484 30,121
Retained earnings 724,139 397,742
Total stockholders’ equity 2,426,208 1,764,379
$4,456,498 $3,265,730
The accompanying Summary of Significant Accounting Policies and Notes to Consolidated Financial Statements are an integral part of these statements.
2004 Annual Report
NConsolidated Financial Statements