AMD 2009 Annual Report Download - page 126

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The Company’s operations outside the United States include both manufacturing and sales activities. The
Company’s manufacturing subsidiaries are located in Germany, Malaysia, Singapore and China. Its sales
subsidiaries are located in the United States, Europe, Asia and Latin America.
The following table summarizes sales for the three years ended December 26, 2009 and long-lived assets by
geographic areas as of the two years ended December 26, 2009:
2009 2008 2007
(in millions)
Sales to external customers:
United States .................................. $ 704 $ 737 $ 715
Japan ......................................... 306 331 185
China ........................................ 2,445 2,553 2,456
Europe ....................................... 934 1,021 1,223
Other Countries ................................ 1,014 1,166 1,279
$5,403 $5,808 $5,858
Long-lived assets:
United States .................................. $ 716 $ 671
Germany ...................................... 2,756 3,116
Singapore ..................................... 145 269
Other Countries ................................ 192 240
$3,809 $4,296
Sales to external customers are based on the customer’s billing location. Long-lived assets are those assets
used in each geographic area.
The Company markets and sells its products primarily to a broad base of customers including third-party
distributors, OEMs, ODMs, add-in-board manufacturers, system integrators, retail stores and e-commerce
retailers.
In 2009, the Company had one customer that accounted for more than 10 percent of the Company’s
consolidated net revenues. Net sales to this customer for each period was approximately $1.3 billion, or 24
percent of consolidated net revenues and were primarily attributable to the Computing Solutions segment.
In 2007 and 2008, the Company had one customer that accounted for more than 10 percent of the
Company’s consolidated net revenues. Net sales to this customer for both periods were approximately $1.2
billion, or 21 percent of consolidated net revenues and were primarily attributable to the Computing Solutions
segment.
NOTE 15: Stock-Based Incentive Compensation Plans
The Company’s stock-based incentive programs are intended to attract, retain and motivate highly qualified
employees. On April 29, 2004, the Company’s stockholders approved the 2004 Equity Incentive Plan (the 2004
Plan). Equity awards are made from the 2004 Plan. Under the 2004 Plan, stock options cannot be exercised until
they become vested. Generally, stock options vest and become exercisable over a three- to four-year period from
the date of grant. Stock options expire at the times established by the Company’s Compensation Committee of
the Board of Directors, but not later than ten years after the grant date. In addition, unvested shares that are
released from or reacquired by the Company from outstanding awards under the 2004 Plan become available for
grant under the 2004 Plan and may be reissued as new awards. The Company also has stock options outstanding
under previous equity compensation plans that were in effect before April 29, 2004. Reserved shares that were
available for grant under these prior equity compensation plans were consolidated into the 2004 Plan.
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