Symantec 2016 Annual Report Download - page 113
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California, a region known for seismic activity. A significant natural disaster, such as an earthquake, could have
a material adverse impact on our business operations, target markets, operating results, and financial condition.
Item 1B. Unresolved Staff Comments
None.
Item 2. Properties
Our properties consist primarily of owned and leased office facilities for sales, research and development,
administrative, customer service, and technical support personnel. Our corporate headquarters is located in
Mountain View, California where we occupy facilities totaling approximately 793,000 square feet, of which
723,000 square feet is owned and 70,000 square feet is leased. We also lease an additional 67,000 square feet in
the San Francisco Bay Area. Our leased facilities are occupied under agreements that expire on various dates
through fiscal 2026. The following table presents the approximate square footage of our facilities as of April 1,
2016:
Approximate Total Square
Footage (1)
Owned Leased
(In thousands)
Americas (U.S., Canada and Latin America) 1,512 539
EMEA (Europe, Middle East and Africa) 177 318
APJ (Asia Pacific and Japan) - 1,044
Total 1,689 1,901
(1) Included in the total square footage above are vacant and available-for-lease properties totaling
approximately 80,000 square feet. Total square footage excludes approximately 766,000 square feet relating
to facilities subleased to third parties.
We believe that our existing facilities are adequate for our current needs and that the productive capacity of
our facilities is substantially utilized.
Item 3. Legal Proceedings
Information with respect to this Item may be found under the heading “Litigation Contingencies” in Note 7
of the Notes to Consolidated Financial Statements in this annual report which information is incorporated into
this Item 3 by reference.
Item 4. Mine Safety Disclosures
Not applicable.
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