Symantec 2003 Annual Report Download - page 21

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Symantec 2003 19
Selected Quarterly Data
We have a 52/53-week fiscal accounting year. Accordingly, we have presented quarterly fiscal periods, comprised of 13 weeks, as follows:
Fiscal 2003 Fiscal 2002
Mar. 31, Dec. 31, Sep. 30, Jun. 30, Mar. 31, Dec. 31, Sep. 30, Jun. 30,
(IN THOUSANDS, EXCEPT NET INCOME (LOSS) PER SHARE; UNAUDITED) 2003 2002 2002 2002 2002 2001 2001 2001
Net revenues $390,039 $375,635 $325,231 $316,041 $310,783 $290,247 $242,372 $228,036
Gross margin 321,814 310,355 264,072 260,589 257,482 237,950 196,894 183,209
Amortization of goodwill ––––48,997 49,413 49,416 48,980
Acquired in-process research and development ––4,700 –––––
Restructuring, site closures and other 6,657 (442) (1,179) 6,053 9,005 9,377 – 2,046
Income, net of expense, from sale of
technologies and product lines 2,454 (256) 2,444 2,236 2,257 4,387 4,642 4,520
Net income (loss) 68,143 71,732 51,994 56,569 4,779 100 (11,812) (21,218)
Net income (loss) per share –
basic $0.46 $0.49 $ 0.36 $ 0.39 $ 0.03 $ 0.00 $ (0.08) $ (0.14)
diluted $0.41 $0.44 $ 0.33 $ 0.36 $ 0.03 $ 0.00 $ (0.08) $ (0.14)
Market Information Common Stock
Our common stock is traded on the Nasdaq National Market under
the Nasdaq symbol “SYMC.” The high and low closing sales prices set
forth below are as reported on the Nasdaq National Market. All closing
sales prices have been adjusted to reflect the two-for-one stock divi-
dend, which became effective January 31, 2002.
Fiscal 2003
Mar. 31, Dec. 31, Sep. 30, Jun. 30,
2003 2002 2002 2002
High $47.92 $45.81 $36.11 $41.55
Low 39.09 29.61 27.67 30.34
Fiscal 2002
Mar. 31, Dec. 31, Sep. 30, Jun. 30,
2002 2001 2001 2001
High $42.40 $34.88 $25.17 $36.71
Low 31.83 17.39 17.33 19.45
Delrina exchangeable stock traded on the Toronto Stock Exchange under
the symbol “DE.TO” after our acquisition of Delrina on November 22,
1995. Pursuant to the terms of the exchangeable shares, we called all of
the issued and outstanding exchangeable shares for automatic redemp-
tion on November 22, 2002 and issued one share of Symantec common
stock for each exchangeable share held. Delrina exchangeable shares
ceased to exist after the redemption. The high and low closing sales
prices set forth below are in Canadian dollars as reported on the
Toronto Stock Exchange prior to November 22, 2002.
Fiscal 2003
Nov 22, Sep. 30, Jun. 30,
2002 2002 2002
High $72.00 $57.00 $60.51
Low 47.00 44.00 46.16
Fiscal 2002
Mar. 31, Dec. 31, Sep. 30, Jun. 30,
2002 2001 2001 2001
High $66.50 $55.25 $37.94 $54.25
Low 51.00 29.04 25.00 30.00
As of March 31, 2003, there were 788 stockholders of record of
Symantec common stock. We have not paid cash dividends in the last
two fiscal years. We presently intend to retain future earnings, if any,
for use in our business, and, therefore, we do not anticipate paying
any cash dividends on our capital stock in the foreseeable future.