AMD 1994 Annual Report Download - page 392

Exhibit 11
ADVANCED MICRO DEVICES, INC.
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
Three Years Ended December 25, 1994
(Thousands except per share)
PRIMARY 1992 1993 1994
--------- --------- ---------
Weighted average number of common shares
outstanding during the year ....................... 87,068 90,660 93,914
Incremental common shares attributable to
shares issuable under employee stock
plans (assuming proceeds would be used
to purchase treasury stock) ....................... 4,315 4,448 3,596
--------- --------- ---------
Total shares ........................................ 91,383 95,108 97,510
========= ========= =========
Net income:
Amount applicable to common shares................... $234,661 $218,431 $294,916
Per share ........................................... $2.57 $2.30 $3.02
FULLY DILUTED
Weighted average number of common shares
outstanding during the year ....................... 87,068 90,660 93,914
Incremental common shares attributable to
shares issuable under employee stock
plans (assuming proceeds would be used
to purchase treasury stock) ....................... 4,551 4,547 3,802
Preferred stock ..................................... 6,856 6,856 6,854
--------- --------- ---------
Total shares ........................................ 98,475 102,063 104,570
========= ========= =========
Net income:
Amount applicable to common shares .................. $234,661 $218,431 $294,916
Preferred stock dividends ........................... 10,350 10,350 10,350
--------- --------- ---------
Net adjusted income ................................. $245,011 $228,781 $305,266
Per share ........................................... $2.49 $2.24 $2.92
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995