AMD 2011 Annual Report Download - page 113

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The following table summarizes sales to external customers by country:
2011 2010 2009
(In millions)
United States .................................. $ 456 $ 747 $ 704
Europe ....................................... 779 985 934
Greater China .................................. 3,493 3,006 2,445
Singapore ..................................... 1,056 875 692
Japan ......................................... 445 561 306
Other countries ................................. 339 320 322
Total sales to external customers ....................... $6,568 $6,494 $5,403
The Company had one customer that accounted for more than 10% of the Company’s consolidated revenue.
Net sales to this customer were approximately 22%, 22% and 24% of consolidated net revenue in 2011, 2010 and
2009, respectively, and were primarily attributable to the Computing Solutions segment in each of these years.
The following table summarizes long-lived assets by geographic areas:
December 31,
2011
December 25,
2010
(In millions)
United States ................................... $455 $418
Malaysia ....................................... 70 70
Greater China ................................... 60 51
Singapore ...................................... 56 79
Other countries .................................. 85 82
Total long-lived assets ................................ $726 $700
NOTE 14: 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). The Company also has stock options outstanding under previous equity compensation plans that were in
effect before April 29, 2004, as well as equity compensation plans that the Company assumed as part of its
acquisition of ATI. Shares reserved for future grants under the Company’s prior equity compensation plans were
consolidated into the 2004 Plan; none of the reserved shares under the ATI plans were consolidated into the 2004
Plan. As of December 31, 2011 the Company had approximately 10.4 million shares of common stock that were
available for future grants and 58 million shares reserved for issuance upon the exercise of outstanding stock
options or the vesting of unvested restricted stock awards.
Under the 2004 Plan, stock options generally vest and become exercisable over a three- to four-year period
from the date of grant and expire within ten years after the grant date. Unvested shares that are reacquired by the
Company from outstanding equity awards become available for grant and may be reissued as new awards.
Under the 2004 Plan, the Company can grant fair market value awards or full value awards. Fair market
value awards are awards granted at or above the fair market value of the Company’s common stock on the date
of grant. Full value awards are awards granted at less than the fair market value of the Company’s common stock
on the date of grant. Awards can consist of (i) stock options and stock appreciation rights granted at the fair
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