AMD 2009 Annual Report Download - page 140

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Supplementary Financial Information
In 2009 and 2008, the Company used a 52-week fiscal year ending on the last Saturday in December. All of
the quarters in 2009 and 2008 consisted of 13 weeks.
2009(7) 2008(7)
Dec. 26 Sep. 26 Jun. 27 Mar. 28 Dec. 27 Sep. 27 Jun. 28 Mar. 29
(In millions, except per share amounts)
Net revenue ......................... $1,646 $1,396 $1,184 $1,177 $ 1,162 $1,797 $ 1,362 $1,487
Cost of sales ......................... 911 811 743 666 890 881 851 866
Gross margin ........................ 735 585 441 511 272 916 511 621
Research and development ............. 432 420 425 444 465 438 467 478
Marketing, general and administrative .... 239 221 247 287 317 315 335 337
Legal settlement(1) .................... (1,242) — — — — — — —
Amortization of acquired intangible
assets ............................ 18 17 17 18 30 30 37 40
Impairment of goodwill and acquired
intangible assets(2) .................. — — — — 684 2 403 —
Restructuring ........................ — 4 1 60 50 9 31 —
Gain on sale of 200 millimeter
equipment(3) ....................... — — — — — — (193) —
Operating income (loss) ................ 1,288 (77) (249) (298) (1,274) 122 (569) (234)
Interest Income ...................... 3 4 6 3 7 7 10 15
Interest expense ...................... (119) (114) (108) (97) (95) (94) (101) (101)
Other income (expense), net(4) ........... 19 47 6 94 11 (13) (34) (1)
Income (loss) before income taxes ....... 1,191 (140) (345) (298) (1,351) 22 (694) (321)
Provision (benefit) for income taxes(5) ..... 11 (5) (10) 116 69 (1) — —
Income (loss) from continuing
operations ......................... $1,180 $ (135) $ (335) $ (414) $(1,420) $ 23 $ (694) $ (321)
Income (loss) from discontinued operations,
net of tax(6) ........................ (3) — — — (10) (150) (494) (30)
Net income (loss) ..................... $1,177 $ (135) $ (335) $ (414) $(1,430) $ (127) $(1,188) $ (351)
Net (income) loss attributable to
noncontrolling interest ............... 23 29 25 6 (6) (7) (7) (13)
Class B preferred accretion ............. (22) (22) (20) (8) — — — —
Net income (loss) attributable to AMD
common stockholders ............... $1,178 $ (128) $ (330) $ (416) $(1,436) $ (134) $(1,195) $ (364)
Net income (loss) attributable to AMD
common stockholders per common share
Basic
Continuing operations ............. $ 1.68 $(0.18) $ (0.49) $ (0.66) $ (2.34) $ 0.03 $ (1.16) $ (0.55)
Discontinued operations ........... — — — — (0.02) (0.25) (0.81) (0.05)
Basic net income (loss) attributable to
AMD common stockholders per common
share ............................. $ 1.68 $(0.18) $ (0.49) $ (0.66) $ (2.36) $ (0.22) $ (1.97) $ (0.60)
Diluted
Continuing operations ............. $ 1.52 $(0.18) $ (0.49) $ (0.66) $ (2.34) $ 0.03 $ (1.16) $ (0.55)
Discontinued operations ........... — — — — (0.02) (0.25) (0.81) (0.05)
Diluted net income (loss) attributable to
AMD common stockholders per common
share ............................. $ 1.52 $(0.18) $ (0.49) $ (0.66) $ (2.36) $ (0.22) $ (1.97) $ (0.60)
Shares used in per share calculation
Basic ........................... 705 694 667 626 609 608 607 606
Diluted ......................... 791 694 667 626 609 608 607 606
Common stock market price range
High ........................... $ 9.95 $ 6.30 $ 4.90 $ 3.78 $ 6.00 $ 6.47 $ 7.98 $ 8.08
Low ........................... $ 4.33 $ 3.22 $ 3.04 $ 1.86 $ 1.62 $ 4.05 $ 5.61 $ 5.31
132