Symantec 2014 Annual Report Download - page 120

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Information Management Segment
Fiscal
2014
Change in Fiscal
2013
Change in Fiscal
2012$ % $ %
(Dollars in millions)
Information Management revenue $ 2,513 $ (116) (4)% $ 2,629 $ 71 3% $ 2,558
Percentage of total net revenue 38% 38% 38%
Information Management operating income $ 574 $ (133) (19)% $ 707 $ (64) (8)% $ 771
Information Management operating margin 23% 27% 30%
Fiscal 2014 compared to Fiscal 2013:
Information Management revenue decreased primarily due to an $80 million decline in our information
availability offerings, a decrease of $50 million from our Backup Exec products and a decrease of $12 million
from our Enterprise Vault products. These decreases were partially offset by growth in our NetBackup appliance
business of $31 million. Information Management operating income decreased primarily from decreases in
revenue and higher materials costs related to our appliances business, coupled with higher costs associated with
our services business.
Fiscal 2013 compared to Fiscal 2012:
Information Management revenue increased primarily due to increases in our NetBackup business of $151
million coupled with increases in our Enterprise Vault products of $35 million, partially offset by declines in our
Backup Exec offerings of $80 million and declines in our information availability offerings of $47 million. The
decrease in operating income was primarily due to higher cost of revenue of $62 million, higher salaries and
wages of $24 million, higher equipment costs, outside services and other costs of $49 million.
Net revenue by geographic region
Fiscal
2014
Change in Fiscal
2013
Change in Fiscal
2012$ % $ %
(Dollars in millions)
Americas (U.S., Canada and Latin America)
User Productivity & Protection segment $ 1,638 $ (62) (4)% $ 1,700 $ 22 1% $ 1,678
Information Security segment 676 (11) (2)% 687 59 9% 628
Information Management segment 1,303 (54) (4)% 1,357 38 3% 1,319
Total Americas $ 3,617 $ (127) (3)% $ 3,744 $ 119 3% $ 3,625
Percentage of total net revenue 54% 54% 54%
EMEA (Europe, Middle East, Africa)
User Productivity & Protection segment $ 768 $ 19 3% $ 749 $ (28) (4)% $ 777
Information Security segment 350 25 8% 325 6 2% 319
Information Management segment 773 (11) (1)% 784 22 3% 762
Total EMEA $ 1,891 $ 33 2% $ 1,858 $ - 0% $ 1,858
Percentage of total net revenue 28% 27% 28%
Asia Pacific/Japan
User Productivity & Protection segment $ 463 $ (67) (13)% $ 530 $ 10 2% $ 520
Information Security segment 268 (18) (6)% 286 36 14% 250
Information Management segment 437 (51) (10)% 488 11 2% 477
Total Asia Pacific/Japan $ 1,168 $ (136) (10)% $ 1,304 $ 57 5% $ 1,247
Percentage of total net revenue 18% 19% 18%
Total $ 6,676 $ (230) (3)% $ 6,906 $ 176 3% $ 6,730
U.S. $ 3,198 $ (139) (4)% $ 3,337 $ 97 3% $ 3,240
U.S. percentage of total net revenue 48% 48% 48%
International 3,478 (91) (3)% 3,569 79 2% 3,490
International percentage of total net
revenue 52% 52% 52%
Total $ 6,676 $ (230) (3)% $ 6,906 $ 176 3% $ 6,730
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