Index: wp-admin/includes/class-wp-themes-list-table.php
===================================================================
--- wp-admin/includes/class-wp-themes-list-table.php	(revision 18864)
+++ wp-admin/includes/class-wp-themes-list-table.php	(working copy)
@@ -156,6 +156,13 @@
 	$actions = apply_filters( 'theme_action_links', $actions, $themes[$theme_name] );
 
 	$actions = implode ( ' | ', $actions );
+	
+	$ct = array(
+		'title'          => $title,
+		'template_dir'   => $template_dir,
+		'stylesheet_dir' => $stylesheet_dir,
+		'parent_theme'   => $parent_theme,
+	);
 ?>
 		<a href="<?php echo $preview_link; ?>" class="<?php echo $thickbox_class; ?> screenshot">
 <?php if ( $screenshot ) : ?>
@@ -167,12 +174,7 @@
 	printf( __( '%1$s %2$s by %3$s' ), $title, $version, $author ) ; ?></h3>
 <p class="description"><?php echo $description; ?></p>
 <span class='action-links'><?php echo $actions ?></span>
-	<?php if ( current_user_can( 'edit_themes' ) && $parent_theme ) {
-	/* translators: 1: theme title, 2:  template dir, 3: stylesheet_dir, 4: theme title, 5: parent_theme */ ?>
-	<p><?php printf( __( 'The template files are located in <code>%2$s</code>. The stylesheet files are located in <code>%3$s</code>. <strong>%4$s</strong> uses templates from <strong>%5$s</strong>. Changes made to the templates will affect both themes.' ), $title, str_replace( WP_CONTENT_DIR, '', $template_dir ), str_replace( WP_CONTENT_DIR, '', $stylesheet_dir ), $title, $parent_theme ); ?></p>
-<?php } else { ?>
-	<p><?php printf( __( 'All of this theme&#8217;s files are located in <code>%2$s</code>.' ), $title, str_replace( WP_CONTENT_DIR, '', $template_dir ), str_replace( WP_CONTENT_DIR, '', $stylesheet_dir ) ); ?></p>
-<?php } ?>
+<?php $this->show_files_location( $ct ); ?>
 <?php if ( $tags ) : ?>
 <p><?php _e( 'Tags:' ); ?> <?php echo join( ', ', $tags ); ?></p>
 <?php endif; ?>
@@ -217,6 +219,23 @@
 		// Only get here if each word exists in the tags or one of the fields
 		return true;
 	}
+	
+	/**
+ 	* Show location of template and theme files
+ 	*
+ 	* @param object/array $ct The theme to show it's file locations
+ 	*/
+	function show_files_location( $ct ) {
+		if ( ! is_array( $ct ) ) {
+			$ct = get_object_vars( $ct );
+		}
+		if ( current_user_can( 'edit_themes' ) && ! empty( $ct['parent_theme'] ) ) {
+			/* translators: 1:  template dir, 2: stylesheet_dir, 3: theme title, 4: parent_theme */ ?>
+			<p><?php printf( __( '<strong>%3$s</strong> (<code>%2$s</code>) uses templates from <strong>%4$s</strong> (<code>%1$s</code>).' ), str_replace( WP_CONTENT_DIR, '', $ct['template_dir'] ), str_replace( WP_CONTENT_DIR, '', $ct['stylesheet_dir'] ), $ct['title'], $ct['parent_theme'] ); ?></p>
+		<?php } else { ?>
+			<p><?php printf( __( 'All of this theme&#8217;s files are located in <code>%1$s</code>.' ), str_replace( WP_CONTENT_DIR, '', $ct['template_dir'] ) ); ?></p>
+		<?php }
+	}
 }
 
 ?>
Index: wp-admin/themes.php
===================================================================
--- wp-admin/themes.php	(revision 18864)
+++ wp-admin/themes.php	(working copy)
@@ -117,6 +117,8 @@
 		}
 	}
 	echo implode ( ' | ', $options );
+	
+	$wp_list_table->show_files_location( $ct );
 
 	if ( $ct->tags ) : ?>
 	<p><?php _e('Tags:'); ?> <?php echo join(', ', $ct->tags); ?></p>