AMD 2011 Annual Report Download - page 123

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Supplementary Financial Information
The Company uses a 52 or 53 week fiscal year ending on the last Saturday in December. All quarters of
2011 and 2010 except the first quarter of 2011 consisted of 13 weeks; the first quarter of 2011 consisted of 14
weeks.
(In millions, except per share amounts)
2011 2010
Dec. 31 Oct. 1 Jul. 2 Apr. 2 Dec. 25 Sep. 25 Jun. 26 Mar. 27
Net revenue ..................... $1,691 $1,690 $1,574 $1,613 $1,649 $1,618 $1,653 $1,574
Cost of sales .................... 918 934 854 922 906 879 915 833
Gross margin .................... 773 756 720 691 743 739 738 741
Research and development ......... 358 361 367 367 352 359 371 323
Marketing, general and
administrative ................. 243 249 239 261 250 236 229 219
Legal settlements(1) ............... ————(283) — — —
Amortization of acquired intangible
assets ........................389911161717
Restructuring charges (reversals), net
(2) ........................... 98 ————— (4)—
Operating income ................ 71 138 105 54 413 128 125 182
Interest income ..................23232333
Interest expense .................. (43) (42) (47) (48) (39) (56) (55) (49)
Other income (expense), net ........ (207)(3) (7) 4 11 14 (6) (1) 304
Income before equity income (loss)
and dilution gain in investee and
income taxes .................. (177) 92 64 20 390 69 72 440
Provision (benefit) for income
taxes ......................... (4) (5) 3 2 42
(4) 15—
Equity income (loss) and dilution gain
in investee, net(5) ............... — — — 492 27 (186) (120) (183)
Net income (loss) from continuing
operations .................... (173) 97 61 510 375 (118) (43) 257
Income (loss) from discontinued
operations, net of tax ............ (4)
(6) ———————
Net income (loss) ................ (177) 97 61 510 375 (118) (43) 257
Net income (loss) per share
Basic ..........................
Continuing operations ............. $(0.24) $ 0.13 $ 0.08 $ 0.71 $ 0.52 $ 0.17 $ 0.06 $ 0.36
Discontinued operations ........... (0.01) ———————
Basic net income (loss) per share .... $(0.24) $ 0.13 $ 0.08 $ 0.71 $ 0.52 $ 0.17 $ 0.06 $ 0.36
Diluted .........................
Continuing operations ............. $(0.24) $ 0.13 $ 0.08 $ 0.68 $ 0.50 $ 0.17 $ 0.06 $ 0.35
Discontinued operations ........... (0.01) ———————
Diluted net income (loss) per share . . . $ (0.24) $ 0.13 $ 0.08 $ 0.68 $ 0.50 $ 0.17 $ 0.06 $ 0.35
Shares used in per share calculation
Basic ...................... 732 729 724 720 717 713 709 707
Diluted ..................... 732 741 743 764 758 713 709 754
117