Symantec 2012 Annual Report Download - page 172

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SYMANTEC CORPORATION
Notes to Consolidated Financial Statements — (Continued)
The accounting policies of the segments are the same as those described in Note 1. There are no
intersegment sales. Our chief operating decision maker evaluates performance primarily based on net revenue.
Except for goodwill, as disclosed in Note 4, the majority of our assets are not discretely identified by segment.
The depreciation and amortization of our property, equipment, and leasehold improvements are allocated based
on headcount, unless specifically identified by segment.
Consumer
Security and
Compliance
Storage and
Server
Management Services Other
Total
Company
($ in millions)
Fiscal 2012
Net revenue .......................... $2,104 $1,965 $2,410 $251 $ — $6,730
Percentage of total net revenue ......... 31% 29% 36% 4% 0% 100%
Operating income (loss) ................ 1,013 442 977 39 (1,392) 1,079
Operating margin of segment .......... 48% 22% 41% 16% *
Depreciation and amortization expense .... 40 56 30 3 583 712
Fiscal 2011
Net revenue .......................... $1,953 $1,638 $2,307 $292 $ — $6,190
Percentage of total net revenue ......... 32% 26% 37% 5% 0% 100%
Operating income (loss) ................ 899 260 1,063 7 (1,349) 880
Operating margin of segment .......... 46% 16% 46% 2% *
Depreciation and amortization expense .... 39 42 33 4 625 743
Fiscal 2010
Net revenue .......................... $1,871 $1,482 $2,287 $345 $ — $5,985
Percentage of total net revenue ......... 31% 25% 38% 6% 0% 100%
Operating income (loss) ................ 860 401 1,097 12 (1,437) 933
Operating margin of segment .......... 46% 27% 48% 3% *
Depreciation and amortization expense .... 29 27 41 6 732 835
* Percentage not meaningful.
During the first quarter of fiscal 2012, we modified our segment reporting structure to more readily match
our operating structure. The following modification was made to the segment reporting structure: managed
security services revenue and expenses were moved to the Security and Compliance segment from the Services
segment. All historical periods have been adjusted to reflect this modified reporting structure.
Product revenue information
The following table represents revenue by significant product categories:
Year Ended
March 30,
2012
April 1,
2011
April 2,
2010
Core consumer security ..................................... 28% 28% 28%
Backup .................................................. 20% 21% 20%
Storage and availability management .......................... 9% 10% 11%
Endpoint security and management ............................ 9% 10% 10%
Others(1) ................................................. 34% 31% 31%
Total product revenue ....................................... 100% 100% 100%
(1) No other product category was material to the respective totals.
93