Symantec 2009 Annual Report Download - page 122

Download and view the complete annual report

Please find page 122 of the 2009 Symantec annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 167

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167

SYMANTEC CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
AS OF APRIL 3, 2009, MARCH 28, 2008 AND MARCH 30, 2007
Shares Amount
Additional
Paid-In
Capital
Accumulated
Other
Comprehensive
Income
Deferred
Stock-Based
Compensation
Accumulated
Earnings
(Deficit)
Total
Stockholders’
Equity
Common Stock
(In thousands)
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 ............................. 20,299 202 223,275 — — — 223,477
Repurchases of common stock .............. (80,939) (809) (1,347,490) — — (151,696) (1,499,995)
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 ......................... — — 16,486 — — — 16,486
Cumulative effect of adjustments from the adoption
of FIN 48, net of taxes.................. — — 1,287 — — 5,318 6,605
Balances, March 28, 2008 ................. 839,387 8,393 9,139,084 159,792 — 1,665,914 10,973,183
Components of comprehensive loss:
Net loss ........................... — — — — — (6,728,870) (6,728,870)
Change in unrealized gain (loss) on
available-for-sale securities, net of tax ...... — — — 251 — — 251
Translation adjustment, net of tax of ($35,753). . . — — — 25,551 — — 25,551
Total comprehensive loss ................ (6,703,068)
Issuance of common stock under employee stock
plans ............................. 18,123 181 230,194 — — — 230,375
Repurchases of common stock .............. (42,342) (423) (575,574) — — (123,884) (699,881)
Restricted stock units released, net of taxes ...... 1,793 18 (15,625) — — — (15,607)
Stock-based compensation, net of estimated
forfeitures.......................... — — 153,998 — — — 153,998
Director retainer fee — stock portion .......... 14 — 250 — — — 250
Income tax benefit from employee stock
transactions ......................... — — 8,738 — — — 8,738
Balances, April 3, 2009 ................... 816,975 $ 8,169 $ 8,941,065 $185,594 $ — $(5,186,840) $ 3,947,988
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
62