Symantec 2013 Annual Report Download - page 199

SYMANTEC CORPORATION
Notes to Consolidated Financial Statements — (Continued)
The components of earnings per share attributable to Symantec Corporation stockholders are as follows:
Year Ended
March 29,
2013
March 30,
2012
April 1,
2011
(In millions, except per share data)
Net income ............................................. $765 $1,172 $ 597
Net income per share — basic .............................. $1.09 $ 1.58 $0.77
Net income per share — diluted ............................. $1.08 $ 1.57 $0.76
Weighted average outstanding common shares — basic .......... 701 741 778
Dilutive potential shares issuable from assumed exercise of stock
options ............................................... 2 3 4
Dilutive potential shares related to stock award plans ............ 6 4 4
Dilutive potential shares related to convertible senior notes(1) ...... 2 — —
Weighted average shares outstanding — diluted ................ 711 748 786
Anti-dilutive weighted-average stock options .................. 20 32 47
Anti-dilutive weighted-average restricted stock ................. 2 — 1
Anti-dilutive effect of note hedge(1) .......................... 2 — —
(1) See Note 6 for information regarding the effects of the convertible senior notes, and the warrants issued and
the option purchased in connection with the convertible senior notes.
Note 14. Noncontrolling Interest
As of March 30, 2012, we owned 54% of VeriSign Japan. During the second quarter of fiscal 2013, we
completed a tender offer and paid $92 million to acquire VeriSign Japan common shares and stock rights, which
increased our ownership percentage to 92%. During the third quarter of fiscal 2013, we acquired the remaining
8% interest for $19 million and it became a wholly-owned subsidiary. The payment for the remaining 8% interest
was made in the fourth quarter of fiscal 2013.
The effect of the change in our ownership interest in VeriSign Japan on our equity is as follows:
Year Ended
March 29,
2013
March 30,
2012
April 1,
2011
(In millions)
Net income attributable to Symantec Corporation stockholders .... $765 $1,172 $597
Transfers to noncontrolling interest:
Decrease in Symantec Corporation stockholders’ paid-in capital
for purchase of 204,189 VeriSign Japan common shares and
stock rights ......................................... (35) — —
Net transfers to noncontrolling interest ..................... (35) — —
Change from net income attributable to Symantec Corporation
stockholders and transfers to noncontrolling interest ........... $730 $1,172 $597
Note 15. Subsequent Event
On May 2, 2013, our board of directors approved a quarterly dividend of $0.15 per share of common stock
to be paid on June 27, 2013 to all stockholders of record as of the close of business on June 19, 2013. Any future
dividends will be subject to the approval of our board of directors.
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