Symantec 2012 Annual Report Download - page 121
Download and view the complete annual report
Please find page 121 of the 2012 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.-
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
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
 |
 |
Cost of content, subscription, and maintenance consists primarily of fee-based technical support costs, costs
of billable services, and payments to OEMs under revenue-sharing agreements. Cost of content, subscription, and
maintenance increased for fiscal 2012, as compared to fiscal 2011, primarily due to higher royalty and fee-based
technical support costs, which were partially offset by lower services costs. The increased royalty costs were
mainly associated with increased revenue related to the authentication services and hosted services. The lower
services cost in fiscal 2012, as compared to fiscal 2011, was primarily due to our transitioning of our consulting
services to specialized partners.
Cost of content, subscription, and maintenance decreased for fiscal 2011, as compared to fiscal 2010, due to
lower fee-based technical support and fulfillment costs. Cost of content, subscription, and maintenance as a
percentage of related revenue remained consistent for fiscal 2012 as compared to fiscal 2011, and for fiscal 2011
as compared to fiscal 2010.
Cost of license consists primarily of royalties paid to third parties under technology licensing agreements,
appliances manufacturing costs and other direct material costs. Cost of license increased for fiscal 2012, as
compared to fiscal 2011, primarily due to increased costs associated with appliances manufacturing and royalties.
Cost of license as a percentage of related revenue increased for fiscal 2012 as compared to fiscal 2011 due to
relatively lower revenue in the Storage and Server Management segment as discussed above and higher
associated costs for appliances manufacturing and royalties.
Cost of license increased for fiscal 2011, as compared to fiscal 2010, due to higher costs associated with
appliances manufacturing. Cost of license as a percentage of related revenue remained consistent for fiscal 2011
as compared to fiscal 2010.
Acquired intangible assets are comprised of developed technologies and patents from acquired companies.
The decrease in amortization for fiscal 2012, as compared to fiscal 2011, was primarily due to certain acquired
intangible assets from our prior acquisitions becoming fully amortized, partially offset by additional amortization
related to acquired intangibles from our Clearwell acquisition and a full year impact associated with the fiscal
2011 acquisitions of VeriSign, PGP, and GuardianEdge. The decrease in amortization for fiscal 2011, as
compared to fiscal 2010, was primarily due to certain acquired intangible assets from our Veritas acquisition
becoming fully amortized during fiscal 2011, partially offset by additional amortization from acquired intangible
assets from our fiscal 2011 acquisitions.
42