Symantec 2012 Annual Report Download - page 178
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SYMANTEC CORPORATION
Notes to Consolidated Financial Statements — (Continued)
As of March 30, 2012, total unrecognized compensation cost adjusted for estimated forfeitures related
restricted stock was $218 million, which is expected to be recognized over the remaining weighted-average
vesting period of 2.42 years.
Performance-based restricted stock units activity
Shares
Unvested at April 1, 2011 .................................................... —
Granted ................................................................... 467,000
Changes due to performance and market conditions ................................ 23,350
Vested .................................................................... —
Forfeited .................................................................. —
Unvested at March 30, 2012 .................................................. 490,350
The weighted-average grant date fair value per share of PRUs granted during fiscal 2012 was $23.58 per share.
As of March 30, 2012, total unrecognized compensation cost related to the PRUs was approximately $8 million,
which is expected to be recognized over the remaining weighted average period of 2.0 years, assuming no forfeitures.
Shares reserved
As of March 30, 2012, we had reserved the following shares of authorized but unissued common stock (in
millions):
Stock purchase plans ............................................................ 26
Stock award plans .............................................................. 138
Total ...................................................................... 164
Note 12. Income Taxes
The components of the provision for income taxes are as follows:
Year Ended
March 30,
2012
April 1,
2011
April 2,
2010
(In millions)
Current:
Federal ................................................ $123 $ 17 $ 62
State .................................................. 30 18 —
International ............................................ 121 70 91
274 105 153
Deferred:
Federal ................................................ 32 26 2
State .................................................. (9) 3 (2)
International ............................................ 1 (29) (41)
24 — (41)
Total provision of income taxes ........................... $298 $105 $112
99