Symantec 2008 Annual Report Download - page 151

SYMANTEC CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
AND COMPREHENSIVE INCOME AS OF MARCH 28, 2008, MARCH 30, 2007 AND MARCH 31, 2006
Shares Amount
Capital in
Excess of
Par Value
Accumulated
Other
Comprehensive
Income
Deferred
Stock-Based
Compensation
Retained
Earnings
Total
Stockholders’
Equity
Common Stock
(In thousands)
Balances, April 2, 2005 .................... 710,522 $ 7,105 $ 2,412,947 $191,938 $(21,070) $1,114,533 $ 3,705,453
Components of comprehensive income:
Net income .......................... — — — — — 156,852 156,852
Change in unrealized gain (loss) on available-for-
sale securities, net of tax ................ — — — (4,264) — — (4,264)
Translation adjustment, net of tax of $16,641 ..... — — — (40,864) — — (40,864)
Total comprehensive income ............... 111,724
Issuance of common stock under employee stock
plans .............................. 21,010 210 217,248 — — — 217,458
Repurchases of common stock................ (173,666) (1,737) (3,483,200) — — (143,228) (3,628,165)
Grant of restricted stock units ................ — — 3,388 — (3,388) — —
Stock issued for acquisition of Veritas ........... 483,119 4,831 12,493,505 — — — 12,498,336
Fair value of assumed Veritas stock options and
restricted stock ........................ — — 698,514 — (63,092) — 635,422
Amortization of deferred stock-based compensation,
net of actual forfeitures .................. — — — — 37,712 — 37,712
Reduction of deferred stock-based compensation due
to stock option and restricted stock unit
cancellations ......................... (100) — (6,243) — 6,243 — —
Other stock transactions .................... — — 386 — — — 386
Income tax benefit from employee stock
transactions .......................... — — 90,145 — — — 90,145
Balances, March 31, 2006 .................. 1,040,885 10,409 12,426,690 146,810 (43,595) 1,128,157 13,668,471
Cumulative effect of adjustments from the adoption of
SAB No. 108, net of taxes ................ — — — — — (33,788) (33,788)
Adjusted balances, March 31, 2006............. 1,040,885 10,409 12,426,690 146,810 (43,595) 1,094,369 13,634,683
Components of comprehensive income:
Net income .......................... — — — — — 404,380 404,380
Change in unrealized gain (loss) on available-for-
sale securities, net of tax ................ — — — 4,093 — — 4,093
Translation adjustment, net of tax of $14,783 ..... — — — 32,030 — — 32,030
Total comprehensive income ............... 440,503
Reversal of deferred compensation due to
SFAS No. 123R ....................... — — (43,595) — 43,595 — —
Issuance of common stock under employee stock
plans .............................. 20,172 201 221,890 — — — 222,091
Repurchases of common stock................ (161,704) (1,617) (2,694,388) — — (150,307) (2,846,312)
Restricted stock units released, net of taxes........ 64 1 (699) — — — (698)
Stock-based compensation, net of estimated
forfeitures ........................... — — 152,272 — — — 152,272
Issuance of warrants ...................... — — 326,102 — — — 326,102
Purchase of bond hedge, net of tax ............. — — (359,546) — — — (359,546)
Income tax benefit from employee stock
transactions .......................... — — 32,418 — — — 32,418
Balances, March 30, 2007 .................. 899,417 8,994 10,061,144 182,933 — 1,348,442 11,601,513
Components of comprehensive income:
Net income .......................... — — — — — 463,850 463,850
Change in unrealized gain (loss) on available-for-
sale securities, net of tax ................ — — — 278 — — 278
Translation adjustment, net of tax of $15,818 ..... — — — (23,419) — — (23,419)
Total comprehensive income ............... 440,709
Issuance of common stock under employee stock
plans .............................. 20,299 202 223,276 — — — 223,478
Repurchases of common stock................ (80,939) (809) (1,347,491) — — (151,696) (1,499,996)
Restricted stock units released, net of taxes........ 593 6 (4,144) — — — (4,138)
Stock-based compensation, net of estimated
forfeitures ........................... — — 156,704 — — — 156,704
Acquisition PPA adjustment for options .......... — — 31,522 — — — 31,522
Director Retainer Fee — Stock Portion .......... 17 — 300 — — — 300
Income tax benefit from employee stock
transactions .......................... — — 17,773 — — — 17,773
Cumulative effect of adjustments from the adoption of
FIN 48, net of taxes..................... — — — — — 5,318 5,318
Balances, March 28, 2008 .................. 839,387 $ 8,393 $ 9,139,084 $159,792 $ — $1,665,914 $10,973,183
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
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