SanDisk 2003 Annual Report Download - page 94

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NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Ì (Continued)
in one segment, all Ñnancial segment and product line information can be found in the consolidated Ñnancial
statements.
Sales outside the U.S. are comprised of sales to international customers in Europe, Canada, and Asia
PaciÑc. Other than sales in U.S., Japan and Europe, international sales were not material individually in any
other international location. Intercompany sales between geographic areas are accounted for at prices
representative of unaÇliated party transactions.
Information regarding geographic areas for Ñscal years 2003, 2002 and 2001 are as follows (in
thousands):
Years Ended
December 28, December 29, December 30,
2003 2002 2001
Revenues:
North AmericaÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $ 417,869 $243,144 $163,516
Japan ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 184,195 88,298 105,056
EuropeÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 232,080 116,765 57,386
Other foreign countries ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 245,657 93,066 40,343
Total ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $1,079,801 $541,273 $366,301
Long Lived Assets:
North AmericaÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $ 58,569 $ 22,132 $193,980
Japan ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 144,761 143,069 388
EuropeÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 169 119 23
Israel ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 40,877 16,869 15,745
Other foreign countries ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ 156 19,639 25,955
Total ÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏÏ $ 244,532 $201,828 $236,091
Revenues are attributed to countries based on the geographic location of the customers. Long-lived assets
are attributed to the geographic location in which they are located. Long-lived assets in Japan are the
Company's investment in FlashVision Yokkaichi of $144.6 million and $142.8 million in 2003 and 2002,
respectively. Long lived assets in Israel are the Company's investment in Tower of $40.4 million and
$16.7 million and $15.4 million in 2003, 2002 and 2001, respectively and other foreign countries includes the
long-term investment in UMC of $7.5 million in 2002 and $25.9 million in 2001. Long-lived assets in the
United States include the investment in FlashVision Dominion Virginia of $153.2 million in 2001, Divio of
$4.5 million in 2002 and $7.2 million in 2001 and DPI of $0.6 million in 2001.
Major Customers
In 2003, 2002 and 2001, there were no customers who accounted for more than 10% of total revenue.
Note 12: Accumulated Other Comprehensive Income
Accumulated other comprehensive income (loss) presented in the accompanying balance sheet consists
of the accumulated unrealized gains and losses on available-for-sale marketable securities, including the short-
90