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Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2010	Jul. 30, 2010
Statement [Line Items]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 30, 2010
Document Fiscal Year Focus	2010
Document Fiscal Period Focus	Q2
Trading Symbol	VRSN
Entity Registrant Name	VERISIGN INC/CA
Entity Central Index Key	0001014473
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		174,131,605

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2010	Dec. 31, 2009
Current assets:
Cash and cash equivalents	$ 862,923	$ 1,477,166
Marketable securities	474,356	185
Accounts receivable, net	16,194	63,133
Prepaid expenses and other current assets	85,021	167,531
Assets held for sale	681,749	1,043
Total current assets	2,120,243	1,709,058
Property and equipment, net	190,807	403,821
Goodwill	52,527	289,980
Other intangible assets, net	3,266	22,420
Other assets	25,122	44,865
Total long-term assets	271,722	761,086
Total assets	2,391,965	2,470,144
Current liabilities:
Accounts payable and accrued liabilities	165,043	243,967
Deferred revenues	437,288	642,507
Liabilities related to assets held for sale	340,515
Total current liabilities	942,846	886,474
Long-term deferred revenues	203,911	245,734
Convertible debentures, including contingent interest derivative	575,933	574,378
Other long-term liabilities	193,133	164,894
Total long-term liabilities	972,977	985,006
Total liabilities	$ 1,915,823	$ 1,871,480
Commitments and contingencies
VeriSign, Inc. stockholders' equity:
Preferred stock-par value $.001 per share; Authorized shares: 5,000,000; Issued and outstanding shares: none
Common stock-par value $.001 per share; Authorized shares: 1,000,000,000; Issued and outstanding shares: 174,907,760 excluding 134,801,346 held in treasury, at June 30, 2010; and 183,299,463, excluding 124,434,684 held in treasury, at December 31, 2009	310	308
Additional paid-in capital	21,519,042	21,736,209
Accumulated deficit	(21,107,866)	(21,194,435)
Accumulated other comprehensive income	12,404	7,659
Total VeriSign, Inc. stockholders' equity	423,890	549,741
Noncontrolling interest in subsidiary	52,252	48,923
Total stockholders' equity	476,142	598,664
Total liabilities and stockholders' equity	$ 2,391,965	$ 2,470,144

CONDENSED CONSOLIDATED BALANCE SHEETS (Parenthetical) - $ / shares	Jun. 30, 2010	Dec. 31, 2009
Statement [Line Items]
Preferred stock, par value	$ 0.001	$ 0.001
Preferred stock, Authorized shares	5,000,000	5,000,000
Preferred stock, Issued shares	0	0
Preferred stock, outstanding shares	0	0
Common stock, par value	$ 0.001	$ 0.001
Common stock, Authorized shares	1,000,000,000	1,000,000,000
Common stock, Issued and outstanding shares	174,907,760	183,299,463
Common stock, held in treasury	134,801,346	124,434,684

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009	Jun. 30, 2010	Jun. 30, 2009
Statement [Line Items]
Revenues	$ 168,684	$ 154,338	$ 331,178	$ 303,990
Costs and expenses:
Cost of revenues	40,590	42,977	80,322	88,221
Sales and marketing	23,182	18,116	44,630	34,075
Research and development	13,824	12,985	26,194	26,805
General and administrative	32,957	37,339	67,980	75,881
Restructuring and other charges, net	7,539	(61)	7,838	2,814
Total costs and expenses	118,092	111,356	226,964	227,796
Operating income	50,592	42,982	104,214	76,194
Other loss, net	(8,116)	(10,485)	(15,276)	(15,433)
Income from continuing operations before income taxes	42,476	32,497	88,938	60,761
Income tax expense	(16,211)	(15,593)	(32,905)	(22,812)
Income from continuing operations, net of tax	26,265	16,904	56,033	37,949
Income from discontinued operations, net of tax	10,109	18,868	32,781	63,338
Net income	36,374	35,772	88,814	101,287
Less: Income from discontinued operations, net of tax, attributable to noncontrolling interest in subsidiary	(1,161)	(898)	(2,245)	(1,393)
Net income attributable to VeriSign, Inc. stockholders	$ 35,213	$ 34,874	$ 86,569	$ 99,894
Basic income per share attributable to VeriSign, Inc. stockholders from:
Continuing operations	$ 0.15	$ 0.09	$ 0.31	$ 0.20
Discontinued operations	0.04	0.09	0.17	0.32
Net income	0.19	0.18	0.48	0.52
Diluted income per share attributable to VeriSign, Inc. stockholders from:
Continuing operations	0.14	0.09	0.31	0.20
Discontinued operations	0.05	0.09	0.16	0.32
Net income	$ 0.19	$ 0.18	$ 0.47	$ 0.52
Shares used to compute net income per share attributable to VeriSign, Inc. stockholders:
Basic	181,120	192,649	182,121	192,481
Diluted	182,753	193,426	183,480	193,116
Amounts attributable to VeriSign, Inc. stockholders:
Income from continuing operations, net of tax	$ 26,265	$ 16,904	$ 56,033	$ 37,949
Income from discontinued operations, net of tax	8,948	17,970	30,536	61,945
Net income attributable to VeriSign, Inc. stockholders	$ 35,213	$ 34,874	$ 86,569	$ 99,894

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2010	Jun. 30, 2009
Cash flows from operating activities:
Net income	$ 88,814	$ 101,287
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation of property and equipment and amortization of other intangible assets	39,806	41,398
Stock-based compensation	25,310	28,096
Excess tax benefit associated with stock-based compensation	(12,453)	(94,529)
Other, net	12,949	17,406
Changes in operating assets and liabilities, excluding the effects of acquisitions and divestitures:
Accounts receivable	10,084	8,802
Prepaid expenses and other assets	27,397	(27,559)
Accounts payable and accrued liabilities	(2,867)	14,284
Deferred revenues	61,280	32,080
Net cash provided by operating activities	250,320	121,265
Cash flows from investing activities:
Proceeds from maturities and sales of marketable securities and investments	196,045	117,901
Purchases of marketable securities and investments	(662,275)	(750)
Purchases of property and equipment	(42,772)	(40,815)
Proceeds received from divestiture of businesses, net of cash contributed	15,583	235,500
Other investing activities	(3,773)	(2,716)
Net cash (used in) provided by investing activities	(497,192)	309,120
Cash flows from financing activities:
Proceeds from issuance of common stock from option exercises and employee stock purchase plans	28,002	20,945
Repurchases of common stock	(281,943)	(22,637)
Excess tax benefit associated with stock-based compensation	12,453	94,529
Other financing activities	(736)	(101)
Net cash (used in) provided by financing activities	(242,224)	92,736
Effect of exchange rate changes on cash and cash equivalents	(1,791)	(3,837)
Cash and cash equivalents included in assets held for sale	(123,356)
Net (decrease) increase in cash and cash equivalents	(614,243)	519,284
Cash and cash equivalents at beginning of period	1,477,166	789,068
Cash and cash equivalents at end of period	862,923	1,308,352
Supplemental cash flow disclosures:
Cash paid for interest, net of capitalized interest	$ 19,811	$ 19,521

Basis of Presentation	6 Months Ended
Basis of Presentation	Jun. 30, 2010
Statement [Line Items]
Basis of Presentation	Note 1. Basis of Presentation Interim Financial Statements The accompanying unaudited Condensed Consolidated Financial Statements have been prepared by VeriSign, Inc. and its subsidiaries (collectively, “VeriSign” or the “Company”) in accordance with the instructions to Form 10-Q pursuant to the rules and regulations of the Securities and Exchange Commission (“SEC”) and, therefore, do not include all information and notes normally provided in audited financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals and other adjustments) considered necessary for a fair presentation have been included. The results of operations for any interim period are not necessarily indicative of, nor comparable to, the results of operations for any other interim period or for a full fiscal year. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and related notes contained in VeriSign’s fiscal 2009 Annual Report on Form 10-K (the “2009 Form 10-K”) filed with the SEC on February 26, 2010. On May 19, 2010, the Company entered into an agreement to sell its Authentication Services business, including outstanding shares of capital stock of its majority-owned subsidiary VeriSign Japan K.K. (“VeriSign Japan”) and trademarks and certain intellectual property used in the Authentication Services business (including the Company’s checkmark logo and the Geotrust and thawte brand names), to Symantec Corporation (“Symantec”) for approximately $1.28 billion in cash. The Authentication Services business is comprised of Business Authentication Services and User Authentication Services. Business Authentication Services enable enterprises and Internet merchants to implement and operate secure networks and websites that utilize Secure Sockets Layer, or SSL, protocol. User Authentication Services include identity protection services, fraud detection services, and managed public key infrastructure, or PKI, services. Also, included with the sale of the Authentication Services business, within the disposal group, are real and personal property owned by the Company at its Mountain View, California facility (“Mountain View facility”) and other locations. The assets and liabilities of the disposal group have been classified as held for sale as of June 30, 2010. Current and historical results of operations of the Authentication Services business have been classified as discontinued operations. The Company’s remaining business consists of the following two reportable segments: (1) Naming Services, which consists of Registry Services and Network Intelligence and Availability (“NIA”) Services; and (2) Other Services which consists of the continuing operations of the Content Portal Services (“CPS”). NIA Services was formerly known as the VeriSign Internet Defense Services. Registry Services operates the authoritative directory of all .com, .net, ..cc, .tv, and .name domain names and the back-end systems for all .jobs and .edu domain names. NIA Services provides infrastructure assurance to organizations and is comprised of VeriSign iDefense Security Intelligence Service and Distributed Denial of Service (“DDoS”) mitigation. Revenues from NIA Services are not significant. Reclassifications The Condensed Consolidated Statements of Operations have been reclassified for all periods presented to reflect current discontinued operations treatment. Unless noted otherwise, discussions in the Notes to Condensed Consolidated Financial Statements pertain to continuing operations. Certain other reclassifications have been made to prior period amounts to conform to current period presentation. Such reclassifications have no effect on net income as previously reported. Recent Accounting Pronouncements In October 2009, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2009-13—Revenue Recognition (Topic 605): Multiple-Deliverable Revenue Arrangements—a consensus of the FASB Emerging Issues Task Force (“ASU 2009-13”). ASU 2009-13 addresses how to measure and allocate arrangement consideration to one or more units of accounting within certain multiple-deliverable arrangements. ASU 2009-13 modifies the requirements for determining whether a deliverable can be treated as a separate unit of accounting by removing the criterion that objective evidence of fair value must exist for the undelivered elements. ASU 2009-13 is effective for the Company prospectively for revenue arrangements entered into or materially modified beginning January 1, 2011. Early adoption is permitted. Currently, the Company is evaluating the impact adoption will have on its financial condition and results of operations. In October 2009, the FASB issued ASU No. 2009-14—Software (Topic 985): Certain Revenue Arrangements That Include Software Elements—a consensus of the FASB Emerging Issues Task Force (“ASU 2009-14”). ASU 2009-14 modifies the scope of the software revenue recognition guidance to exclude arrangements that contain tangible products for which the software element is “essential” to the functionality of the tangible products. ASU 2009-14 is effective for the Company prospectively for revenue arrangements entered into or materially modified beginning January 1, 2011. Early adoption is permitted. The Company has determined that ASU 2009-14 will not have a material impact on its financial condition and results of operations.

Cash, Cash Equivalents, and Marketable Securities

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Cash, Cash Equivalents, and Marketable Securities

Note 2. Cash, Cash Equivalents, and Marketable Securities

The following table summarizes the Company’s cash, cash equivalents, and marketable securities:


	June 30, 2010		December 31, 2009
	(In thousands)
Cash	$	116,199	$	227,547
Money market funds		393,094		736,459
Time deposits		451,868		514,938
Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies		297,196		—
Corporate debt securities		198,976		—
Debt securities issued by foreign governments		5,080		—
Equity securities of a public company		335		185

Total	$	1,462,748	$	1,479,129

Included in Cash and cash equivalents	$	862,923	$	1,477,166
Included in Marketable securities	$	474,356	$	185
Included in Other assets (1)	$	1,778	$	1,778
Included in Assets held for sale	$	123,691	$	—

(1)	Represents restricted cash related to employee payroll withholdings, net of claims paid, for the short-term disability program under the State of California Employment Development Department’s Voluntary Plan Fund guidelines.

The following table summarizes the Company’s unrealized gains and losses, and fair value of debt and equity securities designated as available-for-sale investments. There were no investments classified as either held-to-maturity or trading.


	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(In thousands)
As of June 30, 2010
Fixed income securities:
Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies	$	295,125	$	2,076	$	(5	)	$	297,196
Corporate debt securities		198,535		737		(296	)		198,976
Debt securities issued by foreign governments		5,088		—		(8	)		5,080

Total fixed income securities		498,748		2,813		(309	)		501,252
Equity securities of a public company		263		72		—			335

Total available-for-sale investments	$	499,011	$	2,885	$	(309	)	$	501,587

Included in Cash and cash equivalents								$	26,896
Included in Marketable securities								$	474,356
Included in Assets held for sale								$	335

As of December 31, 2009
Equity securities of a public company (1)	$	290	$	—	$	(105	)	$	185

(1)	Included in Marketable Securities

The following table presents the contractual maturities of the fixed income securities as of June 30, 2010:


	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(In thousands)
Due within one year	$	82,022	$	20	$	(11	)	$	82,031
Due after one year through five years		416,726		2,793		(298	)		419,221

Total	$	498,748	$	2,813	$	(309	)	$	501,252

The following table presents the fair value and unrealized losses of the Company’s available-for-sale investments that have been in a continuous unrealized loss position for less than twelve months as of June 30, 2010, for which an other-than-temporary impairment has not been recognized. There are no available-for-sale investments that are in a continuous unrealized loss position for more than twelve months.


	Fair Value		Unrealized Losses
	(In thousands)
Fixed income securities:
Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies	$	22,477	$	(5	)
Corporate debt securities		46,722		(296	)
Debt securities issued by foreign governments		5,080		(8	)

Total	$	74,279	$	(309	)

The Company anticipates that it will recover the entire amortized cost basis of the fixed income securities and has determined that no other-than-temporary impairments associated with credit losses were required to be recognized during the three and six months ended June 30, 2010. The Company does not have the intent to sell any of these investments and it is more likely than not that it will not be required to sell any of these investments, before recovery of the entire amortized cost basis.

Net gains or losses recognized during the three and six months ended June 30, 2010 and 2009 related to sales of investments were not material.

Fair Value of Financial Instruments

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Fair Value of Financial Instruments

Note 3. Fair Value of Financial Instruments

Assets and Liabilities Measured at Fair Value on a Recurring Basis

The following table summarizes the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2010 and December 31, 2009:


			Fair Value Measurement Using
	Total Fair Value as of June 30, 2010		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(In thousands)
Assets:
Investments in money market funds	$	393,094	$	393,094	$	—	$	—
Investments in fixed income securities:
Debt securities issued by the U.S. Treasury and other U.S. government corporations and agencies		297,196		7,299		289,897		—
Corporate debt securities		198,976		—		198,976		—
Debt securities issued by foreign governments		5,080				5,080
Equity securities of a public company (1)		335		335		—		—
Foreign currency forward contracts		60		—		60		—

Total	$	894,741	$	400,728	$	494,013	$	—

Liabilities:
Contingent interest derivative on convertible debentures	$	8,250	$	—	$	—	$	8,250

Total	$	8,250	$	—	$	—	$	8,250


			Fair Value Measurement Using
	Total Fair Value as of December 31, 2009		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
	(In thousands)
Assets:
Investments in money market funds	$	736,459	$	736,459	$	—	$	—
Equity securities of a public company (2)		185		185		—		—
Foreign currency forward contracts		932		—		932		—

Total	$	737,576	$	736,644	$	932	$	—

Liabilities:
Contingent interest derivative on convertible debentures	$	10,000	$	—	$	—	$	10,000

Total	$	10,000	$	—	$	—	$	10,000

(1)	Included in Assets held for sale

(2)	Included in Marketable securities

The fair value of the Company’s investments in certain money market funds approximates their face value. Such instruments are classified as Level 1 and are included in Cash and cash equivalents.

The fair value of the Company’s investments in fixed income securities are obtained using the weighted average price of available market prices for the underlying securities from various industry standard data providers, large financial institutions and other third-party sources. The fair value of United States (“U.S.”) Treasury bills is based on their quoted market prices. Such instruments are included in either Cash and cash equivalents or Marketable securities.

The fair value of the Company’s foreign currency forward contracts is based on foreign currency rates quoted by banks or foreign currency dealers and other public data sources. Such instruments are included in Prepaid expenses and other current assets.

The fair value of the equity securities of a public company is based on the quoted market price of the underlying shares.

The Company’s convertible debentures have contingent interest payments that are required to be accounted for separately from the debt instrument, at fair value at the end of each reporting period, with gains and losses reported in Other loss, net. The Company has utilized a valuation model based on simulations of stock prices, interest rates, credit ratings and bond prices to estimate the value of the derivative. The inputs to the model include risk adjusted interest rates, volatility and average yield curve observations and stock price. As several significant inputs are not observable, the overall fair value measurement of the derivative is classified as Level 3.

The following table summarizes the change in the fair value of the Company’s Level 3 contingent interest derivative on convertible debentures during the three and six months ended June 30, 2010 and 2009:


	Three Months Ended June 30,					Six Months Ended June 30,
	2010			2009		2010			2009
	(In thousands)
Beginning balance	$	9,531		$	9,375	$	10,000		$	10,549
Unrealized (gain) loss on the contingent interest derivative on convertible debentures		(1,281	)		125		(1,750	)		(1,049	)

Ending balance	$	8,250		$	9,500	$	8,250		$	9,500

Other

The fair value of other financial instruments including accounts receivable, restricted cash and investments, and accounts payable, approximates their carrying amount, which is the amount for which the instrument could be exchanged in a current transaction between willing parties. The fair value of the Company’s convertible debentures at June 30, 2010, is $1.1 billion, and is based on quoted market prices.

Assets Held for Sale and Discontinued Operations

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Assets Held for Sale and Discontinued Operations

Note 4. Assets Held for Sale and Discontinued Operations

On May 19, 2010, the Company entered into an agreement to sell its Authentication Services business, including outstanding shares of capital stock of VeriSign Japan and trademarks and certain intellectual property used in the Authentication Services business (including the Company’s checkmark logo and the Geotrust and thawte brand names), to Symantec for approximately $1.28 billion in cash. Also included with the sale of the Authentication Services business, within the disposal group, are real and personal property owned by the Company at its Mountain View facility and other locations. The assets and liabilities of the disposal group have been classified as held for sale as of June 30, 2010.

The following table presents the carrying amount of major classes of assets and liabilities related to assets held for sale as of June 30, 2010 and December 31, 2009.


	June 30, 2010		December 31, 2009
	(In thousands)
Assets:
Cash and cash equivalents	$	123,356	$	—
Marketable securities		335		—
Accounts receivable, net		37,142		—
Prepaid expenses and other assets		49,450		—
Property and equipment, net		216,957		—
Goodwill		235,340		1,043
Other intangible assets, net		19,169		—

Total assets held for sale	$	681,749	$	1,043

Liabilities:
Accounts payable and accrued liabilities	$	27,616	$	—
Deferred revenues		309,708		—
Other liabilities		3,191		—

Total liabilities related to assets held for sale	$	340,515	$	—

Current and historical results of operations of the Authentication Services business have been classified as discontinued operations. Income from discontinued operations for the three and six months ended June 30, 2010, represents the results of operations of the Authentication Services business and adjustments to gains or losses on divestitures completed in fiscal 2009, as a result of certain one-time employment termination costs and settlement of certain retained litigation of the divested businesses. Income from discontinued operations for the three and six months ended June 30, 2009, represents the results of operations of the Authentication Services business, results of operations of businesses divested in fiscal 2009, and gains or losses on completed divestitures.

For a period of time, the Company will continue to generate cash flows and will report income statement activity in continuing operations that are associated with the disposal group and certain of the completed divestitures. The activities that will give rise to these impacts are transitional in nature and generally result from agreements that ensure and facilitate the orderly transfer of business operations. The nature, magnitude and duration of the agreements will vary depending on the specific circumstances of the service, location and/or business need. The agreements can include the following: data center hosting, logistics, customer service, support of financial processes, procurement, human resources, facilities management, data collection and information services. The existing agreements have typically had terms from 1 to 24 months in length and are currently at various stages within their original term.

The following table presents the revenues and the components of income from discontinued operations, net of tax, attributable to VeriSign stockholders:


	Three Months Ended June 30,						Six Months Ended June 30,
	2010			2009			2010			2009
	(In thousands)
Revenues	$	101,782		$	172,064		$	203,692		$	380,061

Income from discontinued operations before income taxes	$	25,155		$	52,122		$	59,250		$	117,722
Gains (losses) on sale of discontinued operations and estimated losses on assets held for sale, before income taxes		—			22,087			(963	)		25,521
Income tax expense		(15,046	)		(55,341	)		(25,506	)		(79,905	)

Income from discontinued operations, net of tax		10,109			18,868			32,781			63,338
Less: Income from discontinued operations, net of tax, attributable to noncontrolling interest in subsidiary		(1,161	)		(898	)		(2,245	)		(1,393	)

Total income from discontinued operations, net of tax, attributable to VeriSign stockholders	$	8,948		$	17,970		$	30,536		$	61,945

Other Balance Sheet Items

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Other Balance Sheet Items

Note 5. Other Balance Sheet Items

Prepaid Expenses and Other Current Assets

Prepaid expenses and other current assets consist of the following:


	June 30, 2010		December 31, 2009
	(In thousands)
Prepaid expenses	$	13,349	$	18,868
Deferred tax assets		35,866		65,984
Non-trade receivables		20,276		25,467
Receivables from buyers		2,090		34,365
Funds held by the Reserve		12,506		20,867
Other		934		1,980

Total prepaid expenses and other current assets	$	85,021	$	167,531

During the six months ended, June 30, 2010, the Company received from buyers of the divested businesses substantially the entire amount included in receivables from buyers as of December 31, 2009.

During the six months ended June 30, 2010, the Company received distributions of $8.4 million from the funds held by the Reserve.

Property and Equipment, Net

Property and equipment, net, consist of the following:


	June 30, 2010			December 31, 2009
	(In thousands)
Land	$	4,681		$	138,194
Buildings and building improvements		130,540			181,113
Computer equipment and software		234,583			362,475
Capital work in progress		5,716			7,067
Office equipment and furniture		7,729			14,292
Leasehold improvements		12,387			28,054

Total cost		395,636			731,195
Less: accumulated depreciation and amortization		(204,829	)		(327,374	)

Total property and equipment, net	$	190,807		$	403,821

Goodwill

During the second quarter of 2010, the Company performed its annual impairment review of its Registry Services, Authentication Services, and VeriSign Japan reporting units. The estimated fair value of each reporting unit was computed using the market valuation approach. The Company tested goodwill for each of these reporting units for impairment by comparing the fair value of the reporting unit to its carrying value. Each of the reporting units reviewed for impairment had a fair value in excess of its carrying value by a substantial margin.

Accounts Payable and Accrued Liabilities

Accounts payable and accrued liabilities consist of the following:


	June 30, 2010		December 31, 2009
	(In thousands)
Accounts payable	$	15,623	$	16,228
Accrued employee compensation		58,084		81,782
Customer deposits, net		14,818		23,213
Payables to buyers		399		21,122
Taxes payable, deferred and other tax liabilities		14,770		27,206
Accrued restructuring costs		14,908		6,605
Other accrued liabilities		46,441		67,811

Total accounts payable and accrued liabilities	$	165,043	$	243,967

Accrued employee compensation primarily consists of employee accrued vacation, accrued payroll and taxes, accruals for employee contribution to the employee stock purchase plan, and bonus payable. During the six months ended June 30, 2010, the Company paid annual bonuses to its employees. Payables to buyers consist of payables for collections received on behalf of buyers of certain divested businesses under transition services agreements. As of June 30, 2010, the Company has substantially completed its cash collection obligations under these transition services agreements.

During the six months ended June 30, 2010, the Company accrued $11.6 million for restructuring costs in connection with the sale of the Authentication Services business.

Other accrued liabilities consist primarily of interest on convertible debentures, accrued litigation, and accruals for products and services. During the six months ended June 30, 2010, the Company paid $8.6 million for certain litigation settlements, net of insurance reimbursements. Interest on convertible debentures is paid semiannually in arrears on August 15 and February 15.

Other Long-term Liabilities


	June 30, 2010		December 31, 2009
	(In thousands)
Deferred tax liabilities	$	172,479	$	144,777
Long-term tax liabilities		16,539		12,949
Long-term accrued restructuring costs		2,164		3,204
Other		1,951		3,964

Total other long-term liabilities	$	193,133	$	164,894

Deferred tax liabilities reflect the tax effects of differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. During the six months ended June 30, 2010, the Company recorded additional deferred tax liabilities, primarily attributable to temporary differences related to convertible debentures, tax deductible goodwill, and property and equipment.

Restructuring Charges

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Restructuring Charges

Note 6. Restructuring Charges

2010 Restructuring Plan

In connection with the sale of the Authentication Services business, the Company initiated a restructuring plan in the second quarter of 2010 (the “2010 Restructuring Plan”) including workforce reductions, abandonment of excess facilities and other exit costs. Under the 2010 Restructuring Plan, the Company expects to incur cash and non-cash charges related to employee termination costs and excess facility exit costs. In July 2010, the Company expanded the 2010 Restructuring Plan to include migration of its corporate functions from its Mountain View facility to its facility in Dulles, Virginia, upon the closing of the sale of the Authentication Services business, including further workforce reductions, abandonment of excess facilities and other exit costs.

Under the expanded 2010 Restructuring Plan, the Company will incur total estimated pre-tax cash charges of $20.6 million in severance costs and other related employee termination costs. The Company recognized employee termination costs of $11.6 million during the second quarter of 2010. The Company expects to recognize excess facility exit costs in the range of $14.2 million to $16.9 million. The Company also expects to recognize significant non-cash charges related to additional stock-based compensation expense upon acceleration of stock-based awards for terminated employees. However, at this time, the Company is not able, in good faith, to make a determination of the estimated amount or range of amounts thereon. The Company expects to recognize all remaining cash and non-cash restructuring charges over the next several quarters through the end of fiscal 2011.

2008 Restructuring Plan

As part of its divestiture strategy announced in 2007, the Company had initiated a restructuring plan in the first quarter of 2008 (the “2008 Restructuring Plan”) including workforce reductions, abandonment of excess facilities and other exit costs. Through June 30, 2010, the Company recorded a total of $87.5 million in restructuring charges, inclusive of amounts for discontinued operations, under its 2008 Restructuring Plan. The 2008 Restructuring Plan was substantially completed as of June 30, 2010.

The following table presents the nature of the restructuring charges under the 2010 and 2008 Restructuring Plans:


	Three Months Ended June 30,						Six Months Ended June 30,
	2010			2009			2010		2009
	(In thousands)
Workforce reduction	$	11,840		$	3,494		$	13,551	$	6,703
Excess facilities		(9	)		231			108		1,393

Total consolidated restructuring charges	$	11,831		$	3,725		$	13,659	$	8,096

Amounts classified as continuing operations	$	7,539		$	(123	)	$	7,838	$	3,302

Amounts classified as discontinued operations	$	4,292		$	3,848		$	5,821	$	4,794

As of June 30, 2010, the consolidated accrued restructuring costs are $17.1 million and consist of the following:


	Accrued Restructuring Costs at December 31, 2009		Restructuring Charges		Cash Payments			Stock-Based Compensation			Accrued Restructuring Costs at June 30, 2010
	(In thousands)
Workforce reduction	$	4,079	$	13,551	$	(5,012	)	$	(570	)	$	12,048
Excess facilities		5,730		108		(814	)		—			5,024

Total accrued restructuring costs	$	9,809	$	13,659	$	(5,826	)	$	(570	)	$	17,072

Included in current portion of accrued restructuring costs											$	14,908

Included in long-term portion of accrued restructuring costs											$	2,164

Stockholders' Equity

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Stockholders' Equity

Note 7. Stockholders’ Equity

Comprehensive Income

Comprehensive income consists of Net income adjusted for unrealized gains and losses on marketable securities classified as available-for-sale and foreign currency translation adjustments. The following table presents the components of comprehensive income:


	Three Months Ended June 30,					Six Months Ended June 30,
	2010		2009			2010		2009
	(In thousands)
Net income	$	36,374	$	35,772		$	88,814	$	101,287
Foreign currency translation adjustments		4,617		(4,905	)		4,091		(14,859	)
Change in unrealized loss on investments, net of tax		2,876		131			2,590		289

Comprehensive income		43,867		30,998			95,495		86,717
Less: Comprehensive income (loss) attributable to noncontrolling interest in subsidiary		3,288		2,090			4,181		(2,024	)

Comprehensive income attributable to VeriSign, Inc. stockholders	$	40,579	$	28,908		$	91,314	$	88,741

Repurchase of Common Stock

On August 5, 2008, the Board of Directors authorized the repurchase of up to $680.0 million of VeriSign’s common stock, in addition to the $320.0 million of its common stock remaining available for repurchase under the previous 2006 stock repurchase program, for a total repurchase of up to $1 billion of its common stock (collectively, the “2008 Share Buyback Program”). The 2008 Share Buyback Program has no expiration date.

During the three and six months ended June 30, 2010, the Company repurchased 8.1 million and 10.2 million shares, respectively, of its common stock at an average stock price of $28.23 and $27.33, respectively, for an aggregate of $227.4 million and $277.9 million, respectively, under the 2008 Share Buyback Program. As of June 30, 2010, $419.3 million was available under the 2008 Share Buyback Program. On July 27, 2010, the Board of Directors subsequently authorized an increase in the 2008 Share Buyback Program to authorize a total of $1.5 billion in share repurchases as of that date.

Calculation of Net Income Per Share Attributable to VeriSign, Inc. Stockholders

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Calculation of Net Income Per Share Attributable to VeriSign, Inc. Stockholders

Note 8. Calculation of Net Income Per Share Attributable to VeriSign, Inc. Stockholders

The Company computes basic net income per share attributable to VeriSign, Inc. stockholders by dividing net income attributable to VeriSign, Inc. stockholders by the weighted-average number of common shares outstanding during the period. Diluted net income per share attributable to VeriSign, Inc. stockholders gives effect to dilutive potential common shares, including outstanding stock options, unvested restricted stock units, and employee stock purchases using the treasury stock method. The following table presents the computation of weighted average shares used in the calculation of basic and diluted net income per share attributable to VeriSign, Inc. stockholders:


	Three Months Ended June 30,		Six Months Ended June 30,
	2010	2009	2010	2009
	(In thousands)
Weighted-average shares of common stock outstanding	181,120	192,649	182,121	192,481
Weighted-average potential shares of common stock outstanding:
Stock options	431	306	384	271
Unvested restricted stock units	954	471	851	364
Employee stock purchase plan	248	—	124	—

Shares used to compute diluted net income per share attributable to VeriSign, Inc. stockholders	182,753	193,426	183,480	193,116

The following table presents the weighted-average potential shares of common stock that were excluded from the above calculation because their effect was anti-dilutive, and the weighted-average exercise price of the weighted-average stock options outstanding:


	Three Months Ended June 30,				Six Months Ended June 30,
	2010		2009		2010		2009
	(In thousands, except per share data)
Weighted-average stock options outstanding		3,558		7,274		3,997		7,781
Weighted-average exercise price	$	31.37	$	28.39	$	30.96	$	28.25
Weighted-average restricted stock units outstanding		120		1,246		88		1,800
Employee stock purchase plan		—		2,416		693		2,757

There was no positive conversion spread relating to the convertible debentures during the three and six months ended June 30, 2010 and 2009 and therefore there are no shares of common stock to be included in the calculation of diluted net income per share attributable to VeriSign, Inc. stockholders.

Segment Information

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Segment Information

Note 9. Segment Information

As a result of the Company’s decision to sell its Authentication Services business, included in its former Internet, Infrastructure and Identity Services segment, the Company now operates in two reportable segments: (1) Naming Services and (2) Other Services.

Naming Services consists of Registry Services and NIA Services. Registry Services operates the authoritative directory of all .com, .net, .cc, ..tv, and .name domain names and the back-end systems for all .jobs and .edu domain names. NIA Services provides infrastructure assurance to organizations and is comprised of VeriSign iDefense Security Intelligence Service and DDoS mitigation. Revenues from NIA Services are not significant.

The following tables present the results of the Company’s reportable segments:


	Three months ended June 30,
	2010							2009
	Naming Services		Other Services			Total		Naming Services		Other Services			Total
	(In thousands)
Revenues	$	167,882	$	802		$	168,684	$	153,418	$	920		$	154,338
Cost of revenues		30,866		726			31,592		30,356		1,109			31,465

	$	137,016	$	76		$	137,092	$	123,062	$	(189	)	$	122,873


	Six months ended June 30,
	2010							2009
	Naming Services		Other Services			Total		Naming Services		Other Services			Total
	(In thousands)
Revenues	$	329,464	$	1,714		$	331,178	$	301,726	$	2,264		$	303,990
Cost of revenues		60,565		2,286			62,851		61,322		2,412			63,734

	$	268,899	$	(572	)	$	268,327	$	240,404	$	(148	)	$	240,256

A reconciliation of the totals reported for the reportable segments to the applicable line items in the Condensed Consolidated Statements of Operations is as follows:


	Three Months Ended June 30,						Six Months Ended June 30,
	2010			2009			2010			2009
	(In thousands)
Total revenues from reportable segments	$	168,684		$	154,338		$	331,178		$	303,990
Total cost of revenues from reportable segments		31,592			31,465			62,851			63,734
Unallocated operating expenses (1)		86,500			79,891			164,113			164,062

Operating income		50,592			42,982			104,214			76,194
Other loss, net		(8,116	)		(10,485	)		(15,276	)		(15,433	)

Income from continuing operations before income taxes	$	42,476		$	32,497		$	88,938		$	60,761

(1)	Unallocated operating expenses include unallocated cost of revenues, sales and marketing, research and development, general and administrative, and restructuring and other charges, net.

Geographic Information

The Company operates in the U.S.; Australia, China, India, and other Asia Pacific countries (“APAC”); Europe, the Middle East and Africa (“EMEA”); and certain other countries, including Canada and Latin American countries.

The following table represents a comparison of the Company’s geographic revenues:


	Three Months Ended June 30,				Six Months Ended June 30,
	2010		2009		2010		2009
	(In thousands)
U.S.	$	102,981	$	99,359	$	203,570	$	195,943
APAC		25,956		20,735		49,859		41,454
EMEA		22,829		19,244		44,727		37,284
Other		16,918		15,000		33,022		29,309

Total revenues	$	168,684	$	154,338	$	331,178	$	303,990

Revenues are generally attributed to the country of domicile and the respective regions in which the Company’s customers are located.

The following table presents a comparison of property and equipment, net of accumulated depreciation, by geographic region:


	June 30, 2010		December 31, 2009
	(In thousands)
U.S.	$	182,790	$	380,732
EMEA		7,393		9,898
APAC		624		13,154
Other		—		37

Total property and equipment, net	$	190,807	$	403,821

Assets are not tracked by segment and the chief operating decision maker does not evaluate segment performance based on asset utilization.

Major Customers

One customer accounted for 28% and 27% of revenues during the three and six months ended June 30, 2010, respectively. One customer accounted for 25% of revenues for both the three and six months ended June 30, 2009. Three customers accounted for 21%, 20%, and 10%, respectively, of accounts receivable, net at June 30, 2010. No customer accounted for 10% or more of accounts receivable, net at December 31, 2009.

Stock-Based Compensation

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Stock-Based Compensation

Note 10. Stock-Based Compensation

Stock-based compensation is classified in the Condensed Consolidated Statements of Operations in the same expense line items as cash compensation. The following table presents the classification of stock-based compensation:


	Three Months Ended June 30,				Six Months Ended June 30,
	2010		2009		2010		2009
	(In thousands)
Stock-based compensation:
Cost of revenues	$	1,365	$	995	$	2,311	$	1,887
Sales and marketing		1,488		1,171		2,624		2,102
Research and development		1,240		774		2,316		1,532
General and administrative		5,256		5,547		10,494		10,692
Restructuring and other charges, net		—		38		133		548

Stock-based compensation for continuing operations		9,349		8,525		17,878		16,761
Discontinued operations		3,876		5,644		7,432		11,335

Total stock-based compensation	$	13,225	$	14,169	$	25,310	$	28,096

The following table presents the nature of the Company’s total stock-based compensation, inclusive of amounts for discontinued operations:


	Three Months Ended June 30,						Six Months Ended June 30,
	2010			2009			2010			2009
	(In thousands)
Stock-based compensation:
Stock options	$	2,329		$	3,280		$	4,645		$	6,791
Employee stock purchase plan		2,998			2,668			5,727			5,388
Restricted stock units		8,483			8,485			15,432			15,966
Stock options/awards acceleration		—			457			570			1,389
Capitalization (1)		(585	)		(721	)		(1,064	)		(1,438	)

Total stock-based compensation	$	13,225		$	14,169		$	25,310		$	28,096

(1)	Included in Property and equipment, net.

Other Loss, Net

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Other Loss, Net

Note 11. Other Loss, Net

The following table presents the components of Other loss, net:


	Three Months Ended June 30,						Six Months Ended June 30,
	2010			2009			2010			2009
	(In thousands)
Interest and dividend income	$	2,046		$	855		$	3,139		$	1,575
Interest expense		(11,966	)		(11,805	)		(23,964	)		(23,610	)
Unrealized gain (loss) on the contingent interest derivative on convertible debentures		1,281			(125	)		1,750			1,049
Income from transition services agreements		858			1,056			3,878			1,838
Other, net		(335	)		(466	)		(79	)		3,715

Total other loss, net	$	(8,116	)	$	(10,485	)	$	(15,276	)	$	(15,433	)

Interest and dividend income is earned principally from the investment of VeriSign’s surplus cash balances and marketable securities. Interest expense is principally incurred on convertible debentures. Income from transition services agreements includes fees generated from services provided to the purchasers of the divested businesses for a certain period of time to ensure and facilitate the transfer of business operations for those businesses. During the six months ended June 30, 2009, Other, net, primarily includes $3.3 million received from Certicom Corporation (“Certicom”) due to the termination of the acquisition agreement entered into with Certicom.

Income Taxes

6 Months Ended

Jun. 30, 2010

Statement [Line Items]

Income Taxes

Note 12. Income Taxes

The following table presents the income tax expense from continuing operations and the effective tax rates:


	Three Months Ended June 30,						Six Months Ended June 30,
	2010			2009			2010			2009
	(Dollars in thousands)
Income tax expense from continuing operations	$	16,211		$	15,593		$	32,905		$	22,812
Effective tax rate		38	%		48	%		37	%		38	%

The effective tax rate for the three and six months ended June 30, 2010, differs from the statutory federal rate of 35% due to state taxes, the effect of non-U.S. operations, non-deductible stock-based compensation expense and tax benefits from foreign income taxed at lower rates. The effective tax rate for the three and six months ended June 30, 2009, differs from the statutory federal rate of 35% due to the increase in income included on the U.S. tax return, stock-based compensation expense and a one-time discrete income tax benefit related to a California tax law change.

The Company applies a valuation allowance to certain deferred tax assets when management does not believe that it is more likely than not that they will be realized. Deferred tax assets offset by a valuation allowance relate primarily to investments with differing book and tax bases and net operating losses in certain foreign jurisdictions.

As of June 30, 2010, and December 31, 2009, the Company had gross unrecognized tax benefits for income taxes associated with uncertain tax positions of $33.9 million and $30.0 million, respectively. During the three and six months ended June 30, 2010, the Company recorded an increase in unrecognized tax benefits of $2.0 million and $3.9 million, respectively. As of June 30, 2010, and December 31, 2009, $32.8 million and $29.0 million, respectively, of unrecognized tax benefits, including penalties and interest, would affect the Company’s effective tax rate if realized. The balance of the gross unrecognized tax benefits is not expected to materially change in the next 12 months.

The Company recognizes accrued interest and penalties related to unrecognized tax benefits as a component of income tax expense. During the three and six months ended June 30, 2010, the Company expensed $0.1 million and $0.2 million, respectively, for interest and penalties related to income tax liabilities through Income tax expense. During the three and six months ended June 30, 2009, the Company expensed $0.3 million and $0.6 million, respectively, for interest and penalties related to income tax liabilities through Income tax expense.

The Company’s major taxing jurisdictions are U.S. Federal, Japan and the states of California and Virginia. The Company’s income tax returns are not currently under tax examination by the Internal Revenue Service or the Virginia Department of Revenue. The Company’s income tax return for the year ended December 31, 2005 is currently under examination by the California Franchise Tax Board. Because the Company uses historic net operating loss carryforwards and other tax attributes to offset its taxable income in current and future years’ income tax returns for U.S. Federal, California and Virginia, such attributes can be adjusted by these taxing authorities until the statute closes on the year in which such attributes were utilized. The Company’s income tax returns are not currently under income tax examination by the Japan National Tax Agency. The years remaining subject to examination by the Japan National Tax Agency are those ended on December 31, 2007 and forward.

During the three and six months ended June 30, 2010, the Company recorded a $10.3 million one-time discrete income tax expense in income from discontinued operations, net of tax, related to the anticipated sale of the outstanding stock of certain entities included in the Authentication Services business disposal group.

Contingencies	6 Months Ended
Contingencies	Jun. 30, 2010
Statement [Line Items]
Contingencies	Note 13. Contingencies Legal Proceedings On July 6, 2006, a stockholder derivative complaint (Parnes v. Bidzos, et al., and VeriSign) was filed against VeriSign in the U.S. District Court for the Northern District of California, as a nominal defendant, and certain of its current and former directors and executive officers related to certain historical stock option grants. The complaint sought unspecified damages on behalf of VeriSign, constructive trust and other equitable relief. Two other derivative actions were filed, one in the U.S. District Court for the Northern District of California (Port Authority v. Bidzos, et al., and VeriSign), and one in the Superior Court of the State of California, Santa Clara County (Port Authority v. Bidzos, et al., and VeriSign) on August 14, 2006. The state court derivative action was stayed pending resolution of the federal actions. The current directors and officers named in this state action were D. James Bidzos, William L. Chenevich, Roger H. Moore and Louis A. Simpson. The Company was named as a nominal defendant in these actions. The federal actions were consolidated and plaintiffs filed a consolidated complaint on November 20, 2006 (“Federal Action”). The current directors and officers named in this consolidated Federal Action were D. James Bidzos, William L. Chenevich, Roger H. Moore, Louis A. Simpson and Timothy Tomlinson. Motions to dismiss the consolidated federal court complaint were heard on May 23, 2007. Those motions were granted on September 14, 2007. On November 16, 2007, a second amended stockholder derivative complaint was filed in the Federal Action wherein the Company was again named as a nominal defendant. By stipulation and Court order, defendants’ obligation to respond to the second amended stockholder derivative complaint was continued pending informal efforts by the parties to resolve the Federal Action. The parties reached an agreement to resolve all option grant related matters. The United States District Court for the Northern District of California granted preliminary approval of the settlement on March 5, 2010 and final approval on June 2, 2010. The Federal Action and these parallel state court proceedings have been dismissed. The settlement amount is not significant. On May 15, 2007, a putative class action (Mykityshyn v. Bidzos, et al., and VeriSign) was filed in Superior Court for the State of California, Santa Clara County, naming VeriSign and certain current and former officers and directors, alleging false representations and disclosure failures regarding certain historical stock option grants. The plaintiff purports to represent all individuals who owned VeriSign’s common stock between April 3, 2002, and August 9, 2006. The complaint sought rescission of amendments to the 1998 and 2006 Option Plans and the cancellation of shares added to the 1998 Option Plan. The complaint also sought to enjoin the Company from granting any stock options and from allowing the exercise of any currently outstanding options granted under the 1998 and 2006 Option Plans. The complaint sought an unspecified amount of compensatory damages, costs and attorneys fees. The identical case was filed in the Superior Court for the State of California, Santa Clara County under a separate name (Pace. v. Bidzos, et al., and VeriSign) on June 19, 2007, and on October 3, 2007 (Mehdian v. Bidzos, et al.). On December 3, 2007, a consolidated complaint was filed in Superior Court for the State of California, Santa Clara County. The current directors and officers named in this consolidated class action were D. James Bidzos, William L. Chenevich, Roger H. Moore and Louis A. Simpson. VeriSign and the individual defendants disputed all of these claims. Defendants’ collective pleading challenges to the putative consolidated class action complaint were granted with leave to amend in August 2008. By stipulation and Court order, plaintiff’s obligation to file an amended consolidated class action complaint was continued pending informal efforts by the parties to resolve the action. The parties reached an agreement to resolve all of the option grant related matters. The U.S. District Court for the Northern District of California. granted preliminary approval of the settlement on March 5, 2010 and final approval on June 2, 2010. The Federal Action and these parallel state court proceedings have been dismissed. The settlement amount is not significant. On May 31, 2007, plaintiffs Karen Herbert, et al., on behalf of themselves and a nationwide class of consumers (“Herbert”), filed a complaint against VeriSign, m-Qube, Inc., and other defendants alleging that defendants collectively operate an illegal lottery under the laws of multiple states by allowing viewers of the NBC television show “Deal or No Deal” to incur premium text message charges in order to participate in an interactive television promotion called “Lucky Case Game.” The lawsuit is pending in the U.S. District Court for the Central District of California, Western Division. On June 5, 2007, plaintiffs Cheryl Bentley, et al., on behalf of themselves and a nationwide class of consumers (“Bentley”), filed a complaint against VeriSign, m-Qube, Inc., and other defendants alleging that defendants collectively operate an illegal lottery under the laws of multiple states by allowing viewers of the NBC television show “The Apprentice” to incur premium text message charges in order to participate in an interactive television promotion called “Get Rich With Trump.” The Bentley matter is currently stayed. A motion to dismiss the ruling in Herbert was appealed. On July 8, 2010, the Court of Appeals for the Ninth Circuit dismissed the appeal for lack of jurisdiction and remanded the case to the district court. As described in the VeriSign Annual Report on Form 10-K for the year ended December 31, 2009 (the “2009 Annual Report”), filed with the SEC on February 26, 2010, VeriSign has been named as a defendant in litigation brought by the plaintiff Coalition for ICANN Transparency, Inc. (“CFIT”) asserting claims, among others, under Sections 1 and 2 of the Sherman Antitrust Act (the “Sherman Act”) in connection with the .com and .net registry agreements. For a history of these proceedings, see the 2009 Annual Report under the heading entitled “Legal Proceedings”. On July 9, 2010, the U.S. Court of Appeals for the Ninth Circuit issued an order (the “Amended Order”) amending its June 5, 2009 order (the “Original Order”). The Original Order had reversed and remanded the district court’s dismissal of the second amended complaint filed by CFIT. The Amended Order denied VeriSign’s motion for rehearing and rehearing en banc and stated that CFIT’s complaint, assuming its material allegations to be true, plead plausible claims against VeriSign under Sections 1 and 2 of the Sherman Act in connection with the 2006 .com registry agreement. The U.S. Court of Appeals was reviewing matters of law at that stage in the pleadings, and was required to assume that all material allegations were true for purposes of assessing whether a valid claim had been plead. The amended opinion changed in two respects the U.S. Court of Appeal’s earlier decision. First, the U.S. Court of Appeals amended its opinion by explaining that, for purposes of reviewing the sufficiency of the complaint, it was not considering the role of the U.S. government in the 2006 .com registry agreement. Second, the amended opinion changed the earlier decision by explaining that “competitive bidding is not required” as a predicate to complying with the antitrust laws. Unless VeriSign seeks and is granted further appellate review, the case will be remanded to the district court for proceedings, likely within 90 days. Given the inherent uncertainties of the litigation, the ultimate outcome of these matters cannot be predicted at this time, nor can the amount of ultimate loss contingencies, if any, be reasonably estimated, except in circumstances where an aggregate litigation accrual has been recorded for probable and reasonably estimable loss contingencies. VeriSign is involved in various other investigations, claims and lawsuits arising in the normal conduct of its business, none of which, in its opinion will have a material effect on its business. The Company cannot assure you that it will prevail in any litigation. Regardless of the outcome, any litigation may require the Company to incur significant litigation expense and may result in significant diversion of management attention. Indemnifications In connection with the sale of the Authentication Services business to Symantec, the Company has agreed to indemnify Symantec for certain potential legal claims arising from the operation of the Authentication Services business for a period of sixty months after the closing of the sale transaction. The Company’s indemnification obligations in this regard are triggered only when indemnifiable claims exceed in the aggregate $4 million. Thereafter, the Company is obligated to indemnify Symantec for 50% of all indemnifiable claims. The Company’s maximum indemnification obligation with respect to these claims is capped at $125 million.

Subsequent Events	6 Months Ended
Subsequent Events	Jun. 30, 2010
Statement [Line Items]
Subsequent Events	Note 14. Subsequent Events During July 2010, the Company repurchased approximately 0.9 million shares of its common stock at an average stock price of $27.20 for an aggregate of $25.7 million under the 2008 Share Buyback Program related to orders placed in June 2010. On July 27, 2010, the Board of Directors authorized a change of the Company’s principal place of business from 487 East Middlefield Road, Mountain View, California 94043 to 21355 Ridgetop Circle, Dulles, Virginia 20166, effective upon the sale of the Authentication Services business. In July 2010, the Company expanded the 2010 Restructuring Plan to include migration of all its corporate functions from its Mountain View facility to its facility in Dulles, Virginia, upon the closing of the sale of the Authentication Services business, including workforce reductions, abandonment of excess facilities and other exit costs. On July 27, 2010, the Board of Directors authorized the repurchase of up to approximately $1.1 billion of VeriSign’s common stock, in addition to the $393.6 million of its common stock remaining available for repurchase under the 2008 Share Buyback Program, for a total repurchase of up to $1.5 billion of its common stock. (collectively, the “2010 Share Buyback Program”). The 2010 Share Buyback Program has no expiration date.