Symantec 2003 Annual Report Download - page 46

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44 Symantec 2003
Symantec Corporation Consolidated Balance Sheets
March 31,
(IN THOUSANDS, EXCEPT PAR VALUE) 2003 2002
Assets
Current assets:
Cash, cash equivalents and short-term investments $1,705,658 $1,375,051
Trade accounts receivable, net 149,664 89,223
Inventories 5,912 7,463
Deferred income taxes 92,284 68,621
Other 34,628 22,461
Total current assets 1,988,146 1,562,819
Restricted investments –124,313
Property, equipment and leasehold improvements, net 333,275 186,305
Deferred income taxes 7,986 6,207
Acquired product rights, net 73,125 65,219
Goodwill, net 833,449 525,868
Other, net 29,749 31,874
$3,265,730 $2,502,605
Liabilities and Stockholders’ Equity
Current liabilities:
Accounts payable $67,720 $70,057
Accrued compensation and benefits 90,947 54,419
Deferred revenue 589,629 331,100
Other accrued expenses 69,363 66,422
Income taxes payable 76,965 52,777
Total current liabilities 894,624 574,775
Convertible subordinated notes 599,998 600,000
Other long-term obligations 6,729 7,954
Commitments and contingencies
Stockholders’ equity:
Preferred stock (par value: $0.01, authorized: 1,000; issued and outstanding: none) ––
Common stock (par value: $0.01, authorized: 300,000; issued and outstanding:
148,785 and 143,559 shares, respectively) 1,488 1,436
Capital in excess of par value 1,335,028 1,194,173
Accumulated other comprehensive income (loss) 30,121 (53,013)
Unearned compensation –(372)
Retained earnings 397,742 177,652
Total stockholders’ equity 1,764,379 1,319,876
$3,265,730 $2,502,605
The accompanying Summary of Significant Accounting Policies and Notes to Consolidated Financial Statements are an integral part of these statements.
Consolidated Financial Statements