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Segment Information
3 Months Ended
Jul. 01, 2011
Segment Information  
Segment Information

Note 10. Segment Information

 

As of July 1, 2011, our five reportable segments are the same as our operating segments and are as follows:

 

•     Consumer. Our Consumer segment focuses on delivering internet security, PC tune-up, and online backup solutions and services to individual users and home offices.

 

•     Security and Compliance. Our Security and Compliance segment focuses on providing large, medium, and small-sized businesses with solutions for endpoint security and management, compliance, messaging management, data loss prevention, encryption, managed security services, and authentication services. These products allow our customers to secure, provision, and remotely manage their laptops, PCs, mobile devices, and servers. We also provide our customers with solutions delivered through our Software-as-a-Service ("SaaS") security offerings.

 

•     Storage and Server Management. Our Storage and Server Management segment focuses on providing large, medium, and small-sized businesses with storage and server management, backup, archiving, and data protection solutions across heterogeneous storage and server platforms, as well as solutions delivered through our SaaS offerings.

 

•     Services. Our Services segment provides customers with implementation services and solutions designed to assist them in maximizing the value of their Symantec software. Our offerings include consulting, business critical services, and education.

 

•     Other. Our Other segment is comprised of sunset products and products nearing the end of their life cycle. It also includes general and administrative expenses; amortization of acquired product rights, intangible assets, and other assets; goodwill and intangible asset impairment charges; charges such as stock-based compensation and restructuring; and certain indirect costs that are not charged to the other operating segments.

 

There were no intersegment sales for the three months ended July 1, 2011 or July 2, 2010. The following table summarizes the results of our operating segments:

 

 

 

 

 

  Consumer

 

  Security and

   Compliance 

  Storage and

       Server

  Management

 

 

Services

 

 

    Other  

 

     Total

  Company

 

($ in millions)

 

Three months ended July 1, 2011:

 

 

 

 

 

 

Net revenue

    $  525

    $  468

    $  597

    $     63

    $     —

    $ 1,653

Percentage of total net revenue

           32%

           28%

           36%

           4%

           0%

        100%

Operating income (loss)

        255

           90

        278

             8

       (329)

        302

Operating margin of segment

           49%

           19%

           47%

         13%

           *

 

Three months ended July 2, 2010:

 

 

 

 

 

 

Net revenue

    $  473

      $  357

      $  524

  $  79

$       —

$  1,433

Percentage of total net revenue

           33%

             25%

             36%

         6%

           0%

        100%

Operating income (loss)

        225

             83

           240

        (1)

     (353)

        194

Operating margin of segment

           48%

             23%

             46%

        (1)%

           *

 

____________

 

*    Percentage not meaningful

 

During the first quarter of fiscal year 2012, we modified our segment reporting structure to more readily match our operating structure.  The following modification was made to the segment reporting structure: managed security services revenue and expenses moved to the Security and Compliance segment from the Services segment.  All historical periods have been adjusted to reflect this modified reporting structure.