Symantec 2014 Annual Report Download - page 164

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There were no intersegment sales for the periods presented. The historical information presented has been
retrospectively adjusted to reflect the new segment reporting. Our chief operating decision maker evaluates
performance primarily based on net revenue and operating income. Except for goodwill, as disclosed in Note 4,
the majority of our assets are not discretely identified by segment.
User Productivity
& Protection
Information
Security
Information
Management Total Segments
(Dollars in millions)
Fiscal 2014
Net revenue $ 2,869 $ 1,294 $ 2,513 $ 6,676
Percentage of total net revenue 43 % 19 % 38 % 100 %
Operating income 1,061 186 574 1,821
Operating margin 37 % 14 % 23 %
Fiscal 2013
Net revenue $ 2,979 $ 1,298 $ 2,629 $ 6,906
Percentage of total net revenue 43 % 19 % 38 % 100 %
Operating income 1,015 38 707 1,760
Operating margin 34 % 3 % 27 %
Fiscal 2012
Net revenue $ 2,975 $ 1,197 $ 2,558 $ 6,730
Percentage of total net revenue 44 % 18 % 38 % 100 %
Operating income 1,056 (105) 771 1,722
Operating margin 35 % (9) % 30 %
The following table provides a reconciliation of the total of the reportable segments’ operating income to the
consolidated operating income:
Year Ended
March 28,
2014
March 29,
2013
March 30,
2012
(Dollars in millions)
Total segment operating income $ 1,821 $ 1,760 $ 1,722
Reconciling items:
Amortization of intangibles 210 355 380
Restructuring and transition 270 125 56
Stock-based compensation 156 164 164
Acquisition-related expenses 2 10 18
Total consolidated operating income $ 1,183 $ 1,106 $ 1,104
Product revenue information
The following table represents revenue as a percentage of total revenue by significant product categories:
Year Ended
March 28,
2014
March 29,
2013
March 30,
2012
Core consumer security 29 % 28 % 29 %
Backup 21 % 21 % 20 %
Information availability 10 % 11 % 12 %
Endpoint security and management 7 % 8 % 9 %
Others (1) 33 % 32 % 30 %
Total product revenue 100 % 100 % 100 %
(1) No other product category was material to the respective totals.
85