AMD 1993 Annual Report Download - page 360

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EXHIBIT 11.1
ADVANCED MICRO DEVICES, INC.
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
THREE YEARS ENDED DECEMBER 26, 1993
(THOUSANDS EXCEPT PER SHARE)
PRIMARY 1991 1992 1993
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Weighted average number of common shares
outstanding during the year . . . . . . . . . . . . . . . . . . 83,270 87,068 90,660
Incremental common shares attributable to
shares issuable under employee stock
plans (assuming proceeds would be used
to purchase treasury stock) . . . . . . . . . . . . . . . . . . 4,926 4,315 4,448
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Total shares . . . . . . . . . . . . . . . . . . . . . . . . . . 88,196 91,383 95,108
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Net income:
Amount applicable to common shares . . . . . . . . . . . . . . . $134,937 $234,661 $218,431
Per share . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.53 $ 2.57 $ 2.30
FULLY DILUTED
Weighted average number of common shares
outstanding during the year . . . . . . . . . . . . . . . . . . 83,270 87,068 90,660
Incremental common shares attributable to
shares issuable under employee stock
plans (assuming proceeds would be used
to purchase treasury stock) . . . . . . . . . . . . . . . . . . 5,414 4,551 4,547
Preferred stock . . . . . . . . . . . . . . . . . . . . . . . . . 6,856 6,856 6,856
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Total shares . . . . . . . . . . . . . . . . . . . . . . . . . . 95,540 98,475 102,063
======== ======== =======
Net income:
Amount applicable to common shares . . . . . . . . . . . . . . . $134,937 $234,661 $218,431
Preferred stock dividends . . . . . . . . . . . . . . . . . . . 10,350 10,350 10,350
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Net adjusted income . . . . . . . . . . . . . . . . . . . . . . $145,287 $245,011 $228,781
Per share . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.52 $ 2.49 $ 2.24
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Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994