Symantec 2012 Annual Report Download - page 145

SYMANTEC CORPORATION
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY AND COMPREHENSIVE INCOME
AS OF MARCH 30, 2012, APRIL 1, 2011 AND APRIL 2, 2010
Additional
Paid-In
Capital
Accumulated
Other
Comprehensive
Income
Accumulated
Earnings
(Deficit)
Total
Symantec
Corporation
Stockholders’
Equity
Non-
controlling
Interest in
Subsidiary
Total
Stockholders’
Equity
Common Stock
Shares Amount
(In millions)
Balances, April 3, 2009 ............................. 817 $ 8 $9,289 $186 $(5,336) $4,147 — $4,147
Components of comprehensive income:
Net income ..................................... — — — — 714 714 — 714
Translation adjustment, net of tax of $9 ............... — — — 17 — 17 — 17
Reclassification adjustment for net gain on legal
liquidation of foreign entities included in net income,
net.......................................... — — — (47) — (47) — (47)
Other .......................................... — — — 3 — 3 — 3
Total comprehensive income ....................... 687 — 687
Issuance of common stock under employee stock plans .... 12 — 124 — — 124 — 124
Repurchases of common stock ........................ (34) — (566) — 13* (553)* — (553)
Restricted stock units released, net of taxes .............. 3 — (20) — — (20) — (20)
Stock-based compensation, net of estimated forfeitures .... — — 154 — — 154 — 154
Income tax benefit from employee stock transactions ...... — — 9 — — 9 — 9
Balances, April 2, 2010 ............................. 798 8 8,990 159 (4,609) 4,548 — 4,548
Components of comprehensive income:
Net income ..................................... — — — — 597 597 (4) 593
Translation adjustment, net of tax of $13 .............. — — — (8) — (8) — (8)
Reclassification adjustment for net loss on legal
liquidation of foreign entities included in net income,
net.......................................... — — — 21 — 21 — 21
Other .......................................... — — — (1) — (1) — (1)
Total comprehensive income ....................... 609 (4) 605
Issuance of common stock under employee stock plans .... 7 — 122 — — 122 — 122
Repurchases of common stock ........................ (57) — (870) — — (870) (2) (872)
Restricted stock units released, net of taxes .............. 5 — (28) — — (28) — (28)
Stock-based compensation, net of estimated forfeitures .... 5 — 146 — — 146 — 146
Noncontrolling interest in subsidiary ................... — — — — — — 84 84
Dividend declared to noncontrolling interest in
subsidiary ...................................... — — — — — — (1) (1)
Adjustments to goodwill related to stock options assumed in
business combination ............................. — — 1 — — 1 — 1
Balances, April 1, 2011 ............................. 758 8 8,361 171 (4,012) 4,528 77 4,605
Cumulative effect adjustment to retained earnings ........ (19) (19) — (19)
Beginning balance as adjusted ........................ 4,509 77 4,586
Components of comprehensive income:
Net income ..................................... — — — — 1,172 1,172 — 1,172
Translation adjustment, net of tax of $22 .............. — — — (1) — (1) 2 1
Reclassification adjustment for net loss on legal
liquidation of foreign entities included in net income,
net.......................................... — — — 3 — 3 — 3
Total comprehensive income ....................... 1,174 2 1,176
Issuance of common stock under employee stock plans .... 11 — 147 — — 147 — 147
Repurchases of common stock ........................ (51) (1) (892) — — (893) — (893)
Restricted stock units released, net of taxes .............. 6 — (41) — — (41) — (41)
Stock-based compensation, net of estimated forfeitures .... — — 161 — — 161 — 161
Income tax benefit from employee stock transactions ...... — — 30 — — 30 — 30
Dividend declared to noncontrolling interest in
subsidiary ...................................... — — — — — — (1) (1)
Adjustments to goodwill related to stock options assumed in
business combination ............................. — — 7 — — 7 — 7
Balances, March 30, 2012 ........................... 724 $ 7 $7,773 $173 $(2,859) $5,094 $78 $5,172
* As adjusted for the retrospective adoption of authoritative guidance on convertible debt instruments.
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
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