Symantec 2009 Annual Report Download - page 87

Download and view the complete annual report

Please find page 87 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

Item 6. Selected Financial Data
The following selected consolidated financial data is derived from the Consolidated Financial Statements
included in this annual report. This data is qualified in its entirety by and should be read in conjunction with the
more detailed Consolidated Financial Statements and related notes included in this annual report and with Item 7,
Management’s Discussion and Analysis of Financial Condition and Results of Operations. Historical results may
not be indicative of future results.
During the past five fiscal years, we have made the following acquisitions:
AppStream, Inc., SwapDrive, Inc., nSuite Technologies, Inc., PC Tools Pty. Ltd., MessageLabs Group Ltd.,
and Mi5, Inc. during fiscal 2009
Altiris Inc., Vontu Inc., and Transparent Logic Technologies, Inc. during fiscal 2008
Company-i Limited and 4FrontSecurity, Inc. during fiscal 2007
• Veritas Software Corporation, XtreamLok Pty. Ltd., WholeSecurity, Inc., Sygate Technologies, Inc.,
BindView Development Corporation, IMlogic, Inc., and Relicore, Inc. during fiscal 2006
Brightmail, Inc., TurnTide, Inc., @stake, Inc., LIRIC Associates Ltd, and Platform Logic, Inc. during fiscal
2005
Each of these acquisitions was accounted for as a business purchase and, accordingly, the operating results of
these businesses have been included in the Consolidated Financial Statements included in this annual report since
their respective dates of acquisition.
Five-Year Summary
2009 2008 2007
(b)
2006
(c)
2005
Fiscal
(a)
(In thousands, except per share data)
Consolidated Statements of Operations Data:
Net revenues . . ..................... $ 6,149,854 $ 5,874,419 $ 5,199,366 $ 4,143,392 $2,582,849
Operating (loss) income
(d)
.............. (6,469,910) 602,280 519,742 273,965 819,266
Net (loss) income
(d)
.................. $(6,728,870) $ 463,850 $ 404,380 $ 156,852 $ 536,159
Net (loss) income per share — basic
(d)
..... $ (8.10) $ 0.53 $ 0.42 $ 0.16 $ 0.81
Net (loss) income per share — diluted
(d)
.... $ (8.10) $ 0.52 $ 0.41 $ 0.15 $ 0.74
Shares used to compute earnings per
share — basic ..................... 830,983 867,562 960,575 998,733 660,631
Shares used to compute earnings per
share — diluted.................... 830,983 884,136 983,261 1,025,856 738,245
Balance Sheet Data:
Cash and cash equivalents .............. 1,792,502 1,890,225 2,559,034 2,315,622 1,091,433
Total assets
(d)
....................... 10,645,130 18,092,094 17,750,870 17,913,183 5,614,221
Convertible subordinated notes
(e)
......... 512,800 —
Convertible Senior Notes
(f)
............. 2,100,000 2,100,000 2,100,000
Long-term obligations
(g)
............... 89,747 106,187 21,370 24,916 4,408
Stockholders’ equity . . ................ $ 3,947,988 $10,973,183 $11,601,513 $13,668,471 $3,705,453
(a)
We have a 52/53-week fiscal year. Fiscal 2009 was comprised of 53 weeks of operations. Fiscal 2008, 2007,
2006, and 2005 were each comprised of 52 weeks of operations.
(b)
In fiscal 2007, we adopted SFAS No. 123R, Share-Based Payment (“SFAS No. 123R”) which resulted in stock-
based compensation charges of $154 million.
27