Symantec 2002 Annual Report Download - page 102

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SYMANTEC CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Ì (Continued)
after the identiÑed employees had their severance packages communicated to them. Additionally, we accrued
estimated costs associated with outplacement services to be provided to terminating employees, as these costs
have no future economic beneÑt to us. The remaining accrual as of March 31, 2002 was for outstanding
severance and outplacement costs.
Excess facilities and equipment included 1) remaining lease payments associated with building leases
subsequent to their abandonment dates, 2) net of estimated sublease income, and/or 3) estimated least
termination costs. The cash outlays for these leases are to be made over the remaining term of each lease,
unless a lease termination payment is required. In addition, we wrote oÅ the carrying value of site-speciÑc
equipment, furniture, Ñxtures and leasehold improvements, which would no longer be utilized. The accrual as
of March 31, 2002 relates to the remaining lease payments, net of estimated sublease income, which will be
paid over the remaining lease term subsequent to the abandonment of each facility.
Note 14. Other Comprehensive Loss
The components of other comprehensive loss were as follows:
Year Ended March 31,
2002 2001 2000
(In thousands)
Other comprehensive loss:
Change in unrealized gain (loss) on available-for-sale
securities ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $ 104 $ 2,987 $(2,069)
Change in cumulative translation adjustment ÏÏÏÏÏÏÏÏÏÏÏÏÏÏ (4,245) (24,152) (6,528)
Total other comprehensive loss ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $(4,141) $(21,165) $(8,597)
Note 15. Income Taxes
The components of the provision for income taxes were as follows:
Year Ended March 31,
2002 2001 2000
(In thousands)
Current:
Federal ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $24,508 $ 55,019 $51,193
State ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 9,543 14,741 16,600
International ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 26,045 30,411 27,995
60,096 100,171 95,788
Deferred:
Federal ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 13,802 (16,677) (5,735)
State ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 1,512 (5,386) (1,957)
International ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ (1,761) (1,264) (953)
13,553 (23,327) (8,645)
$73,649 $ 76,844 $87,143
80