Symantec 2016 Annual Report Download - page 116

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Item 6. Selected Financial Data
The following selected consolidated financial data is derived from our Consolidated Financial Statements.
This data should be read in conjunction with our Consolidated Financial Statements and related notes included in
this annual report and with Item 7. Management’s Discussion and Analysis of Financial Condition and Results of
Operations, and Note 3 of the Notes to Consolidated Financial Statements in this annual report. Historical results
may not be indicative of future results.
Five-Year Summary
Summary of operations:
Year Ended (1)
April 1,
2016
April 3,
2015
March 28,
2014
March 29,
2013
March 30,
2012
(In millions, except per share data)
Net revenues $ 3,600 $ 3,956 $ 4,183 $ 4,268 $ 4,175
Operating income (loss) 457 154 144 (60) (50)
Income (loss) from continuing operations (2) (821) 109 91 (138) 123
Income from discontinued operations, net of income
taxes (3) 3,309 769 807 893 1,064
Net income (4) 2,488 878 898 755 1,187
Income (loss) per share — basic: (5)
Continuing operations $ (1.23) $ 0.16 $ 0.13 $ (0.20) $ 0.17
Discontinued operations $ 4.94 $ 1.12 $ 1.16 $ 1.27 $ 1.44
Net income per share — basic $ 3.71 $ 1.27 $ 1.29 $ 1.08 $ 1.60
Income (loss) per share — diluted: (5)
Continuing operations $ (1.23) $ 0.16 $ 0.13 $ (0.20) $ 0.16
Discontinued operations $ 4.94 $ 1.10 $ 1.15 $ 1.27 $ 1.42
Net income per share — diluted $ 3.71 $ 1.26 $ 1.28 $ 1.08 $ 1.59
Weighted-average shares outstanding:
Basic 670 689 696 701 741
Diluted 670 696 704 701 748
Cash dividends declared per common share $ 4.60 $ 0.60 $ 0.60 $ - $ -
Consolidated Balance Sheets Data:
April 1,
2016
April 3,
2015
March 28,
2014
March 29,
2013
March 30,
2012
(In millions)
Total assets $11,767 $13,233 $ 13,539 $ 14,508 $ 13,158
Long-term obligations (6)(7) 2,207 1,746 2,095 2,094 2,039
Total stockholders’ equity (8) 3,676 5,935 5,797 5,476 5,237
(1) We have a 52/53-week fiscal year. Our fiscal 2015 was a 53-week year whereas fiscal 2016, 2014, 2013,
and 2012, each consisted of 52 weeks.
(2) In fiscal 2016, the Company recorded $1.1 billion in income tax expense related to unremitted earnings of
foreign subsidiaries from the proceeds of the sale of Veritas. This charge is presented in loss from
continuing operations in the Consolidated Statements of Operations for fiscal 2016. See Note 11 of the
Notes to Consolidated Financial Statements in this annual report for more information.
(3) In fiscal 2016, the Company sold the assets of Veritas to Carlyle for a net gain of $3.0 billion, which is
presented as part of income from discontinued operations, net of income taxes in the Consolidated
Statements of Operations for fiscal 2016.
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