Exhibit 99.01
SYMANTEC CORPORATION
Trended Reconciliation of Revenue Detail Including Modified Reporting Structure
(In millions)
(Unaudited)
During the first quarter of fiscal year 2012, the company modified its segment reporting structure to more readily match its operating structure. The following modification was made to the segment reporting structure: managed security services (MSS) moved to the Security and Compliance segment from the Services segment. MSS revenue of $72 million and $71 million were moved in fiscal 2011 and 2010, respectively. The historical periods have been adjusted to reflect the modified reporting structure.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | FY2011 | | | Q4’11 | | | Q3’11 | | | Q2’11 | | | Q1’11 | |
| | Reported | | | Modified | | | Reported | | | Modified | | | Reported | | | Modified | | | Reported | | | Modified | | | Reported | | | Modified | |
Revenue | | $ | 6,190 | | | $ | 6,190 | | | $ | 1,673 | | | $ | 1,673 | | | $ | 1,604 | | | $ | 1,604 | | | $ | 1,480 | | | $ | 1,480 | | | $ | 1,433 | | | $ | 1,433 | |
| | | | | | | | | | |
Revenue by Segment | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Consumer | | $ | 1,953 | | | $ | 1,953 | | | $ | 514 | | | $ | 514 | | | $ | 498 | | | $ | 498 | | | $ | 468 | | | $ | 468 | | | $ | 473 | | | $ | 473 | |
Security and Compliance | | | 1,566 | | | | 1,638 | | | | 446 | | | | 465 | | | | 417 | | | | 435 | | | | 363 | | | | 381 | | | | 340 | | | | 357 | |
Storage and Server Management | | | 2,307 | | | | 2,307 | | | | 626 | | | | 626 | | | | 600 | | | | 600 | | | | 557 | | | | 557 | | | | 524 | | | | 524 | |
Services | | | 364 | | | | 292 | | | | 87 | | | | 68 | | | | 89 | | | | 71 | | | | 92 | | | | 74 | | | | 96 | | | | 79 | |
| | | | | |
| | FY2010 | | | Q4’10 | | | Q3’10 | | | Q2’10 | | | Q1’10 | |
| | Reported | | | Modified | | | Reported | | | Modified | | | Reported | | | Modified | | | Reported | | | Modified | | | Reported | | | Modified | |
Revenue | | $ | 5,985 | | | $ | 5,985 | | | $ | 1,531 | | | $ | 1,531 | | | $ | 1,548 | | | $ | 1,548 | | | $ | 1,474 | | | $ | 1,474 | | | $ | 1,432 | | | $ | 1,432 | |
| | | | | | | | | | |
Revenue by Segment | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Consumer | | $ | 1,871 | | | $ | 1,871 | | | $ | 483 | | | $ | 483 | | | $ | 478 | | | $ | 478 | | | $ | 463 | | | $ | 463 | | | $ | 447 | | | $ | 447 | |
Security and Compliance | | | 1,411 | | | | 1,482 | | | | 361 | | | | 379 | | | | 369 | | | | 388 | | | | 345 | | | | 363 | | | | 336 | | | | 352 | |
Storage and Server Management | | | 2,287 | | | | 2,287 | | | | 577 | | | | 577 | | | | 594 | | | | 594 | | | | 563 | | | | 563 | | | | 553 | | | | 553 | |
Services | | | 416 | | | | 345 | | | | 110 | | | | 92 | | | | 107 | | | | 88 | | | | 103 | | | | 85 | | | | 96 | | | | 80 | |
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SYMANTEC CORPORATION
Trended Reconciliation of Revenue Detail Including Modified Reporting Structure(1)
(In millions)
(Unaudited)
During the first quarter of fiscal year 2012, the company modified its segment reporting structure to more readily match its operating structure. The following modification was made to the segment reporting structure: managed security services (MSS) moved to the Security and Compliance segment from the Services segment. MSS revenue of $72 million and $71 million were moved in fiscal 2011 and 2010, respectively. The historical periods have been adjusted to reflect the modified reporting structure.
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
| | FY2011 | | | FY2010 | |
| | YE11 | | | Q4’11 | | | Q3’11 | | | Q2’11 | | | Q1’11 | | | YE10 | | | Q4’10 | | | Q3’10 | | | Q2’10 | | | Q1’10 | |
Revenue by Segment | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Consumer | | $ | 1,953 | | | $ | 514 | | | $ | 498 | | | $ | 468 | | | $ | 473 | | | $ | 1,871 | | | $ | 483 | | | $ | 478 | | | $ | 463 | | | $ | 447 | |
Security and Compliance | | | 1,638 | | | | 465 | | | | 435 | | | | 381 | | | | 357 | | | | 1,482 | | | | 379 | | | | 388 | | | | 363 | | | | 352 | |
Storage and Server Management | | | 2,307 | | | | 626 | | | | 600 | | | | 557 | | | | 524 | | | | 2,287 | | | | 577 | | | | 594 | | | | 563 | | | | 553 | |
Services | | | 292 | | | | 68 | | | | 71 | | | | 74 | | | | 79 | | | | 345 | | | | 92 | | | | 88 | | | | 85 | | | | 80 | |
| | | | | | | |
Revenue by Segment: Y/Y Growth Rate | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
Consumer | | | 4 | % | | | 6 | % | | | 4 | % | | | 3 | % | | | 6 | % | | | 6 | % | | | 12 | % | | | 11 | % | | | 6 | % | | | -5 | % |
Security and Compliance | | | 11 | % | | | 23 | % | | | 12 | % | | | 5 | % | | | 1 | % | | | -2 | % | | | 4 | % | | | 4 | % | | | -2 | % | | | -14 | % |
Storage and Server Management | | | 1 | % | | | 8 | % | | | 1 | % | | | -1 | % | | | -5 | % | | | -8 | % | | | -2 | % | | | -4 | % | | | -9 | % | | | -17 | % |
Services | | | -15 | % | | | -26 | % | | | -19 | % | | | -13 | % | | | -1 | % | | | -5 | % | | | 9 | % | | | -2 | % | | | -3 | % | | | -21 | % |
| | | | | |
Revenue by Segment: Y/Y Growth Rate in Constant Currency | | | | | | | | | | | | | | | | | | | | | |
Consumer | | | 5 | % | | | 5 | % | | | 5 | % | | | 5 | % | | | 7 | % | | | 5 | % | | | 9 | % | | | 6 | % | | | 7 | % | | | -1 | % |
Security and Compliance | | | 11 | % | | | 21 | % | | | 13 | % | | | 7 | % | | | 2 | % | | | -3 | % | | | 1 | % | | | 0 | % | | | -1 | % | | | -10 | % |
Storage and Server Management | | | 2 | % | | | 7 | % | | | 3 | % | | | 1 | % | | | -3 | % | | | -9 | % | | | -4 | % | | | -8 | % | | | -8 | % | | | -13 | % |
Services | | | -14 | % | | | -28 | % | | | -18 | % | | | -11 | % | | | 1 | % | | | -5 | % | | | 5 | % | | | -7 | % | | | -2 | % | | | -16 | % |
| | |
| | FY2011 | | | FY2010 | |
| | YE11 | | | Q4’11 | | | Q3’11 | | | Q2’11 | | | Q1’11 | | | YE10 | | | Q4’10 | | | Q3’10 | | | Q2’10 | | | Q1’10 | |
GAAP Operating Margin by Segment | | | | | | | | | | | | | | | | | | | | | | | | | |
Consumer | | | 46 | % | | | 47 | % | | | 44 | % | | | 45 | % | | | 48 | % | | | 46 | % | | | 44 | % | | | 43 | % | | | 47 | % | | | 50 | % |
Security and Compliance | | | 16 | % | | | 13 | % | | | 12 | % | | | 17 | % | | | 23 | % | | | 27 | % | | | 29 | % | | | 29 | % | | | 27 | % | | | 24 | % |
Storage and Server Management | | | 46 | % | | | 44 | % | | | 46 | % | | | 49 | % | | | 46 | % | | | 48 | % | | | 47 | % | | | 49 | % | | | 49 | % | | | 47 | % |
Services | | | 2 | % | | | 7 | % | | | 3 | % | | | 3 | % | | | -1 | % | | | 3 | % | | | 4 | % | | | 3 | % | | | 7 | % | | | -1 | % |
(1) | Management refers to growth rates adjusting for currency so that the business results can be viewed without the impact of fluctuations in foreign currency exchange rates. We compare the percent change in the results from one period to another period in order to provide a framework for assessing how our underlying businesses performed excluding the effect of foreign currency rate fluctuations. To present this information, current and comparative prior period results for entities reporting in currencies other than United States dollars are converted into United States Dollars at the actual exchange rates in effect during the respective prior periods (or, in the case of deferred revenue, converted into United States Dollars at the actual exchange rate in effect at the end of the prior period). |
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