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Employee Benefits And Stock-Based Compensation (Tables)
12 Months Ended
Mar. 29, 2013
Employee Benefits And Stock-Based Compensation [Abstract]  
Schedule Of Stock Option and PRU Valuation

 

 

 

 

 

 

 

Fiscal 2013

 

Fiscal 2012

 

Fiscal 2011

Stock Options:

 

 

 

 

 

Expected life

3.5 years

 

3.8 years

 

  3.5 years

Weighted-average expected volatility

31% 

 

35% 

 

34% 

Weighted-average risk-free interest rate

0.52% 

 

1.62% 

 

1.85% 

Expected dividends

 

 

PRUs and PCSUs:

 

 

 

 

 

Expected life

2.6 - 2.9 years

 

2.8 - 2.9 years

 

 

Expected volatility

31% - 32%

 

48% - 49%

 

 

Weighted-average expected volatility

32% 

 

49% 

 

 

Risk-free interest rate

0.36% - 0.38%

 

0.65% - 0.90%

 

 

Expected dividends

 

 

 

 

Schedule Of Stock-Based Compensation Expense Recognized In Our Consolidated Statements Of Income

 

 

 

 

 

 

 

Year Ended

 

March 29, 2013

 

March 30, 2012

 

April 1, 2011

 

(In millions, except per share data)

Cost of revenue

$                      15

 

$                   16

 

$                   22

Sales and marketing

67 

 

70 

 

58 

Research and development

50 

 

49 

 

40 

General and administrative

32 

 

29 

 

25 

Total stock-based compensation expense

164 

 

164 

 

145 

Tax benefit associated with stock-based compensation expense

(48)

 

(46)

 

(41)

Net stock-based compensation expense

$                    116

 

$                 118

 

$                 104

Net stock-based compensation expense per share attributable to Symantec Corporation stockholders— basic

$                   0.17

 

$                0.16

 

$                0.13

Net stock-based compensation expense per share attributable to Symantec Corporation stockholders— diluted

$                   0.16

 

$                0.16

 

$                0.13

 

Schedule Of Stock Options Activity

 

 

 

 

 

 

 

 

 

Number of Shares

 

Weighted-Average Exercise Price

 

Weighted-Average Remaining Years

 

Aggregate Intrinsic Value (1) 

 

(In millions, except per share and years data)

Outstanding at March 30, 2012

41 

 

$            18.98

 

 

 

 

Granted

 

 

 

 

 

Exercised

(13)

 

16.10 

 

 

 

 

Forfeited

(1)

 

15.74 

 

 

 

 

Expired

(9)

 

21.97 

 

 

 

 

Outstanding at March 29, 2013

18 

 

$            19.86

 

2.0 

 

$               102

Exercisable at March 29, 2013

16 

 

$            20.41

 

1.6 

 

$                 82

Vested and expected to vest at March 29, 2013

18 

 

$            19.90

 

1.9 

 

$               101

____________

 

 

(1)

Intrinsic value is calculated as the difference between the market value of our common stock as of the last trading day of the fiscal year and the exercise price of the option. The aggregate intrinsic value of options outstanding and exercisable includes options with an exercise price below $24.68, the closing price of our common stock on the last trading day of the fiscal year, as reported by the NASDAQ Global Select Market.

 

Schedule Of Restricted Stock Activity

 

 

 

 

 

 

 

 

 

Number of Shares

 

Weighted-Average Grant Date Fair Value

 

Weighted-Average Remaining Years

 

Aggregate Intrinsic Value

 

(In millions, except per share and years data)

Outstanding and unvested at March 30, 2012

18 

 

$            16.62

 

 

 

 

Granted

11 

 

15.74 

 

 

 

 

Vested and released

(6)

 

16.28 

 

 

 

 

Forfeited

(4)

 

16.34 

 

 

 

 

Outstanding and unvested at March 29, 2013

19 

 

$            16.25

 

1.5 

 

$               472

Expected to vest at March 29, 2013

16 

 

 

 

1.4 

 

$               406

 

Schedule Of Performance-Based Restricted Stock Units Activity

 

 

 

Number of Shares

Unvested at March 30, 2012

490,350 

Granted

1,373,233 

Incremental grants due to performance and market conditions

536,316 

Vested and released

Issued

(103,195)

Forfeited

(563,948)

Unvested at March 29, 2013

1,732,756 

 

Schedule Of Reserved Shares

 

 

Stock purchase plans

22 

Stock award plans

104 

Total

126