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Unformatted text preview: ional $10 million to be used for management retention. MessageOne, Allin, and The Networked Storage Company
have been integrated into Dell's Commercial segments. spi2532X_appB_B1-B24.indd B-12
spi2532X_appB_B1-B24.indd B-12 1/20/12 4:20 PM
1/20/12 4:20 PM Confirming Pages APPENDIX B Dell Annual Report (selected pages) B-13 DELL INC.
NOTES TO CONSOLIDATED FINANCIAL
The acquisition of MessageOne was identified and acknowledged by Dell's Board of Directors as a related party transaction because Michael Dell
and his family held indirect ownership interests in MessageOne. Consequently, Dell's Board of Directors directed management to implement a series
of measures designed to ensure that the transaction was considered, analyzed, negotiated, and approved objectively and independent of any control
or influence from the related parties.
Dell has not presented pro forma results of operations for the Fiscal 2009 acquisitions because these acquisitions were not material to Dell's
consolidated results of operations, financial position, or cash flows on either an individual or an aggregate basis.
NOTE 8 — GOODWILL AND INTANGIBLE ASSETS
Goodwill allocated to Dell's business segments as of January 28, 2011, and January 29, 2010, and changes in the carrying amount of goodwill for the
respective periods, were as follows:
Fiscal Year Ended Large
Balance at beginning of period
Goodwill acquired during the period
Balance at end of period $
2,164 January 28, 2011
301 January 29,
$ 4,074 $
4,365 $ Total
4,074 Goodwill is tested annually during the second fiscal quarter and whenever events or circumstances indicate an impairment may have occurred. If
the carrying amount of goodwill exceeds its fair value, estimated based on discounted cash flow analyses, an impairment charge would be recorded.
Based on the results of the annual impairment tests, no impairment of goodwill existed at July 30, 2010...
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- Spring '11