Symantec 2006 Annual Report Download - page 32

The stock market in general, and the market prices of stocks of technology companies in particular, have
experienced extreme price volatility that has adversely affected, and may continue to adversely affect, the
market price of our common stock for reasons unrelated to our business or operating results.
Item 1B. Unresolved Staff Comments
None.
Item 2. Properties
Our properties consist primarily of owned and leased office facilities for sales, research and development,
administrative, customer service, and technical support personnel. Our Dublin, Ireland facility also includes
manufacturing operations. Our corporate headquarters is located in Cupertino, California in a 296,000 square
foot facility that we own. We occupy an additional 1,303,000 square feet in the San Francisco Bay Area, of
which 1,057,000 square feet is owned and 246,000 square feet is leased. Our leased facilities are occupied
under leases that expire at various times through 2022. The table below shows the approximate square footage
of our facilities as of March 31, 2006.
Approximate Total Square
Footage(1)
Location Owned Leased
North AmericaÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 1,767,000 1,852,000
Europe, Middle East, and Africa ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 272,000 620,000
Asia Pacific/JapanÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 5,000 913,000
Latin America ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ Ì 52,000
Total ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 2,044,000 3,437,000
(1) Total square footage excludes approximately 99,000 square feet of leased space in the United States and
58,000 square feet in EMEA that we sublease to third parties. Also not included is 87,000 square feet of
owned property that we lease to third parties in the United States.
Our facilities include approximately 379,000 square feet of owned property and approximately
117,000 square feet of leased property that are currently vacant. In May 2006 we completed the construction
of an approximately 200,000 square foot facility for our administrative, customer service, and technical support
personnel as an expansion of our owned facility in Springfield, Oregon. We are currently building research and
development facilities in Culver City, California that we expect to occupy in October 2007. Additionally, we
purchased a facility of approximately 236,000 square feet in Cupertino, California during April 2006. This
property is currently leased to a third party.
We believe that our existing facilities are adequate for our current needs and that the productive capacity
of our facilities is substantially utilized.
Item 3. Legal Proceedings
Information with respect to this Item may be found in Note 14 of the Notes to Consolidated Financial
Statements in this annual report which information is incorporated into this Item 3 by reference.
Item 4. Submission of Matters to a Vote of Security Holders
No matters were submitted to a vote of security holders during the fourth quarter of fiscal 2006.
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