Blackberry 2003 Annual Report Download - page 47
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ResearchInMotionLimited|IncorporatedUndertheLawsofOntario(UnitedStatesdollars,inthousandsexceptpersharedataorasotherwiseindicated)
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FortheyearsendedMarch1,2003,March2,2002andFebruary28,2001
awardedbytheCourt,plaintiff’sattorneyfeesawardedbytheCourt,prejudgmentinterestfrom
thedateoftheCompany’srstallegedinfringingactivitytothejuryverdictonNovember21,2002,
postjudgmentinterestfortheperiodNovember22,2002toFebruary28,2003;andadditionalcurrent
andestimatedfuturecostswithrespecttoongoinglegalfees.
ThetotalexpenserecordedinrelationtotheNTPmatterforthescalyearis$58.2million,ofwhich,
$7.5millionhasbeendisbursedasatMarch1,2003.
TheCompany’smanagementremainsoftheviewthatitsproductsandservicesdonotinfringeupon
anyofNTP’spatentsandfurthermorethatthepatentsareinvalid.AsattheendoftheCompany’s
currentscalyear,thelikelihoodofanyfurtherlossandtheultimateamountofloss,ifany,werenot
reasonablydeterminable.Consequently,noadditionalamounts,fromthosenotedabove,havebeen
providedforasNTPlitigationexpensesasatMarch1,2003.TheactualresolutionoftheNTPmatter
maymateriallydifferfromtheestimatesasatMarch1,2003asaresultoffutureCourtrulingsfrom
thecurrentcourtadjudicatingthematterandalsoappellatecourtsattheconclusionoftheappeals
process;potentiallycausingfuturequarterlyorannualnancialreportingtobemateriallyaffected,
eitheradverselyorfavourably.
15.Write-downofInvestments
PeriodicallytheCompanyundertakesareviewofthecarryingvalueofcompaniesinwhichitholds
investments.Basedonsuchreviews,theCompanydetermineswhetherimpairmentinthecarrying
valuesofitsinvestmentshasoccurred.TheCompanyfurtherdetermineswhethersuchdeclinesare
otherthantemporaryinnature.TheCompanywrotedownthevalueofitsinvestmentsinscal2002
by$5,350(2001–$14,750).
16.LossperShare
Thefollowingtablesetsforththecomputationofbasicanddilutedlosspershare.
Fortheyearended March1,2003 March2,2002 February28,2001
Numeratorforbasicanddilutedlosspershare
availabletocommonstockholders $(148,664) $ (28,479) $ (6,211)
Denominatorforbasicanddilutedlosspershare–
weightedaveragesharesoutstanding(000’s) 77,636 78,467 73,555
Losspershare
Basic $ (1.91) $ (0.36) $ (0.08)
Diluted $ (1.91) $ (0.36) $ (0.08)
17.SupplementalInformation
(a)Statementofcashows–Thefollowingsummarizesinterestandincometaxespaid:
Fortheyearended March1,2003 March2,2002 February28,2001
Interestpaidduringtheyear $ 852 $ 779 $ 456
Incometaxespaidduringtheyear 1,070 967 897
(b)Otherinformation–Advertisingexpense,whichincludesmedia,agencyandpromotional
expenses,of$15,079(2002–$18,549,2001–$15,932)isincludedinSelling,Marketingand
Administrationexpense.
Selling,marketingandadministrationexpenseforthescalyearincludesaforeigncurrencyexchange
gainof$293(2002–lossof$1,042,2001–gainof$423).