AMD 1994 Annual Report Download - page 419

Aggregate purchase price $8,115 $6,413 $4,614
Shares purchased 412 387 483
Employee participants 1,941 1,684 1,349
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Profit sharing program. The company has a profit sharing program to which the
Board of Directors has authorized semiannual contributions. Profit sharing
contributions were $57.0 million in 1994, $33.9 million in 1993 and $30.0
million in 1992.
Retirement savings plan. The company has a retirement savings plan, commonly
known as a 401(k) plan, that allows participating United States employees to
contribute from 1 percent to 15 percent of their pre-tax salary subject to
I.R.S. limits. The company makes a matching contribution calculated at 50 cents
on each dollar of the first 3 percent of participant contributions, to a
maximum of 1.5 percent of eligible compensation. The company's contributions
to the 401(k) plan were $3.7 million, $3.2 million and $2.7 million for 1994,
1993 and 1992, respectively. There are four investment funds in which each
employee may invest contributions in increments of 10 percent.
22 ADVANCED MICRO DEVICES, INC.
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995