Symantec 2003 Annual Report Download - page 70

68 Symantec 2003
change, we have presented the fiscal 2002 and 2001 segment informa-
tion to conform to our current segments. In addition, we have appropri-
ately presented the amortization of other intangible assets by segment
for fiscal 2002.
The accounting policies of the segments are the same as those described
in the summary of significant accounting polices, with the exception of
the amortization of acquired product rights, which is included entirely in
our Other segment. There are no intersegment sales. Our chief operating
decision maker evaluates performance based on direct profit or loss
from operations before income taxes not including nonrecurring gains
and losses, foreign exchange gains and losses and miscellaneous other
income and expenses. The majority of our assets and liabilities are not
discretely allocated or reviewed by segment. The depreciation and amor-
tization of our property, equipment and leasehold improvements are
allocated based on headcount, unless specifically identified by segment.
Enterprise Enterprise Consumer Total
(IN THOUSANDS) Security Administration Products Services Other Company
Fiscal 2003
Revenue from external customers $593,552 $215,017 $570,266 $ 26,377 $ 1,734 $1,406,946
Operating income (loss) 119,226 160,077 293,695 (26,099) (205,387) 341,512
Depreciation & amortization expense 12,206 373 3,414 3,103 73,945 93,041
Fiscal 2002
Revenue from external customers 454,925 222,543 376,137 10,905 6,928 1,071,438
Operating income (loss) 108,267 155,495 155,370 (24,042) (387,049) 8,041
Depreciation & amortization expense 10,789 439 2,741 631 258,267 272,867
Fiscal 2001
Revenue from external customers 282,769 230,644 330,363 2,280 7,498 853,554
Operating income (loss) 35,767 169,108 128,539 (4,920) (218,894) 109,600
Depreciation & amortization expense 7,608 243 3,612 93 109,285 120,841
GEOGRAPHICAL INFORMATION
Year Ended March 31,
(IN THOUSANDS) 2003 2002 2001
Net revenues from external customers:
United States $714,111 $566,837 $440,512
Other foreign countries 692,835 504,601 413,042
$1,406,946 $1,071,438 $853,554
March 31,
(IN THOUSANDS) 2003 2002
Long-lived assets (excluding restricted
investments and deferred income taxes):
United States $1,186,071 $735,122
United Kingdom 31,380 29,240
Ireland 27,902 23,394
Japan 6,002 5,340
Canada 1,128 1,021
Other foreign countries 17,115 15,149
$1,269,598 $809,266
SIGNIFICANT CUSTOMERS
The following distributors covered all segments and accounted for more
than 10% of net revenues during fiscal 2003, 2002 and 2001:
Year Ended March 31,
2003 2002 2001
Ingram Micro, Inc. 26% 23% 26%
Tech Data Corp. 15 11 *
*Amount is less than 10% of net revenues.
Note 17. Reclassifications of Previously Reported
Financial Information
We have reclassified certain previously reported amounts to conform to
the current presentation format with no impact on net income (loss).
In accordance with SFAS No. 142, we recharacterized acquired work-
force-in-place and the related deferred tax liability as goodwill. For
comparative purposes, we have reclassified the related balances as of
March 31, 2002 in the consolidated balance sheet and in Note 1, Note 4
and Note 16 (Geographical Information).