AMD 1993 Annual Report Download - page 388

17
SUPPLEMENTARY FINANCIAL DATA
1993 and 1992 by quarter, DEC. 26, SEPT. 26, JUNE 27,
unaudited, in thousands 1993 1993 1993
except per share amounts
NET SALES $ 413,404 $ 418,351 $ 409,092
Expenses:
Cost of sales 208,552 199,999 186,931
Research and development 66,747 64,905 69,323
Marketing, general and administrative 83,148 71,979 67,253
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358,447 336,883 323,507
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Operating income 54,957 81,468 85,585
Interest and other income 4,647 4,413 4,043
Interest expense (1,772) (691) (246)
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Income before taxes on income 57,832 85,190 89,382
Provision for taxes on income 16,193 23,852 25,029
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NET INCOME 41,639 61,338 64,353
Preferred stock dividends 2,588 2,587 2,588
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NET INCOME APPLICABLE
TO COMMON SHAREHOLDERS $ 39,051 $ 58,751 $ 61,765
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NET INCOME PER COMMON SHARE
- Primary $ .41 $ .61 $ .65
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- Fully diluted $ .41 $ .60 $ .63
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Shares used in per
share calculation
- Primary 95,895 95,706 95,079
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- Fully diluted 102,751 102,743 101,937
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Common stock market price range
- High $ 30.00 $ 32.38 $ 31.00
- Low $ 17.13 $ 22.13 $ 20.63
FINANCIAL SUMMARY
Five years ended
December 26, 1993, in thousands
except per share amounts 1993 1992 1991
NET SALES $1,648,280 $1,514,489 $1,226,649
Expenses:
Cost of sales 789,564 746,486 658,824
Research and development 262,802 227,860 213,765
Marketing, general and administrative 290,861 270,198 244,900
---------- ---------- ----------
1,343,227 1,244,544 1,117,489
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Operating income (loss) 305,053 269,945 109,160
Litigation judgment - - -
Interest and other income 16,490 18,913 57,007
Interest expense (3,791) (17,227) (20,880)
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Income (loss) before
taxes on income 317,752 271,631 145,287
Provision for taxes on income 88,971 26,620 -
---------- ---------- ----------
NET INCOME (LOSS) 228,781 245,011 145,287
Preferred stock dividends 10,350 10,350 10,350
---------- ---------- ----------
NET INCOME (LOSS) APPLICABLE
TO COMMON SHAREHOLDERS $ 218,431 $ 234,661 $ 134,937
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NET INCOME (LOSS)
PER COMMON SHARE - Primary $ 2.30 $ 2.57 $ 1.53
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1994