FORM 10-K - Harman

Harman International Industries, Incorporated and Subsidiaries
(Dollars in thousands, except per-share data and unless otherwise indicated)
We recorded goodwill impairment charges of $295.1 million for Automotive, $22.7 million for Consumer
and $12.8 million for QNX, reported within Other in the fiscal year ended June 30, 2009. Refer to Note 5 –
Goodwill for more information.
Below we present sales, long-lived assets and net assets by geographic area as of and for the years ended
June 30, 2009, 2008 and 2007. Net sales are attributable to geographic areas based upon the location of the
customer.
2009
Year Ended June 30,
2008 2007
Net sales:
U.S. .................................................. $ 577,596 $ 953,549 $ 759,159
Germany .............................................. 1,236,209 1,741,557 1,590,886
Other Europe ........................................... 548,272 666,363 631,514
Other ................................................. 528,945 751,034 569,585
Total ..................................................... $2,891,022 $4,112,503 $3,551,144
Long-lived assets:
U.S. .................................................. $ 463,343 $ 495,826 $ 490,069
Germany .............................................. 329,955 587,301 485,222
Other Europe ........................................... 113,442 129,403 125,474
Other ................................................. 75,082 190,098 174,950
Total ..................................................... $ 981,822 $1,402,628 $1,275,715
Net Assets
U.S. .................................................. $ (16,313) $ (69,748) $ 405,588
Germany .............................................. 487,636 750,612 577,142
Other Europe ........................................... 393,211 440,724 324,992
Other ................................................. 109,291 218,258 186,319
Total ..................................................... $ 973,825 $1,339,846 $1,494,041
Note 16 – Commitments and Contingencies
At June 30, 2009, we were subject to legal claims and litigation arising in the ordinary course of business,
including the matters described below. The outcome of these legal actions cannot be predicted with certainty;
however, management, based upon advice from legal counsel, believes such actions are either without merit or
will not have a material adverse effect on our financial position or results of operations.
In re Harman International Industries, Inc. Securities Litigation
On October 1, 2007, a purported class action lawsuit was filed by Cheolan Kim (the “Kim Plaintiff”) against
Harman and certain of our officers in the United States District Court for the District of Columbia (the “Court”)
seeking compensatory damages and costs on behalf of all persons who purchased our common stock between
April 26, 2007 and September 24, 2007 (the “Class Period”). The original complaint alleged claims for violations
of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the “1934 Act”) and Rule 10b-5
promulgated thereunder.
The complaint alleged that the defendants omitted to disclose material adverse facts about Harman’s
financial condition and business prospects. The complaint contended that had these facts not been concealed at
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