Symantec 2008 Annual Report Download - page 105
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The stock market in general, and the market prices of stocks of technology companies in particular, have
experienced extreme price volatility that has adversely affected, and may continue to adversely affect, the market
price of our common stock for reasons unrelated to our business or operating results.
Item 1B. Unresolved Staff Comments
There are currently no unresolved issues with respect to any Commission staff’s written comments that were
received at least 180 days before the end of our fiscal year to which this report relates and that relate to our periodic
or current reports under the Exchange Act.
Item 2. Properties
Our properties consist primarily of owned and leased office facilities for sales, research and development,
administrative, customer service, and technical support personnel. Our Dublin, Ireland facility also includes
manufacturing operations. Our corporate headquarters is located in Cupertino, California in a 532,000 square foot
facility that we own. We occupy an additional 796,000 square feet in the San Francisco Bay Area, of which
592,000 square feet is owned and 204,000 square feet is leased. Our leased facilities are occupied under leases that
expire at various times through 2022. The following table presents the approximate square footage of our facilities
as of March 28, 2008:
Location Owned Leased
Approximate Total Square
Footage
(1)
Americas.................................................. 2,044,000 1,616,000
Europe, Middle East, and Africa ................................ 285,000 598,000
Asia Pacific/Japan ........................................... 5,000 1,277,000
Total ................................................... 2,334,000 3,491,000
(1)
Included in the total square footage above are vacant, available-for-lease properties totaling approximately
266,000 square feet, and certain properties currently held-for-sale totaling approximately 192,000 square feet.
Total square footage excludes executive suites, and approximately 234,000 square feet relating to facilities
subleased to third parties.
We believe that our existing facilities are adequate for our current needs and that the productive capacity of our
facilities is substantially utilized.
Item 3. Legal Proceedings
Information with respect to this Item may be found in Note 18 of the Notes to Consolidated Financial
Statements in this annual report which information is incorporated into this Item 3 by reference.
Item 4. Submission of Matters to a Vote of Security Holders
No matters were submitted to a vote of security holders during the fourth quarter of fiscal 2008.
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