AMD 1994 Annual Report Download - page 425

FINANCIAL SUMMARY
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Five years ended December 25, 1994
(Thousands except per share amounts) 1994 1993 1992 1991 1990
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Net sales $2,134,659 $1,648,280 $1,514,489 $1,226,649 $ 1,059,242
Expenses:
Cost of sales 982,306 789,564 746,486 658,824 678,507
Research and development 279,984 262,802 227,860 213,765 203,651
Marketing, general, and administrative 359,230 290,861 270,198 244,900 228,204
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1,621,520 1,343,227 1,244,544 1,117,489 1,110,362
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Operating income (loss) 513,139 305,053 269,945 109,160 (51,120)
Litigation settlement (58,000) - - - (27,738)
Interest income and other, net 16,259 16,490 18,913 57,007 33,588
Interest expense (1,844) (2,910) (17,227) (20,880) (8,282)
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Income (loss) before income taxes and equity
in joint venture 469,554 318,633 271,631 145,287 (53,552)
Provision for income taxes 153,703 89,218 26,620 - -
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Income (loss) before equity in
joint venture 315,851 229,415 245,011 145,287 (53,552)
Equity in net income (loss) of joint venture (10,585) (634) - - -
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Net income (loss) 305,266 228,781 245,011 145,287 (53,552)
Preferred stock dividends 10,350 10,350 10,350 10,350 10,350
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Net income (loss) applicable to common
stockholders $ 294,916 $ 218,431 $ 234,661 $ 134,937 $ (63,902)
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Net income (loss) per common share
-Primary $ 3.02 $ 2.30 $ 2.57 $ 1.53 $ (.78)
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-Fully diluted $ 2.92 $ 2.24 $ 2.49 $ 1.52 $ (.78)
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Shares used in per share calculation
-Primary 97,510 95,108 91,383 88,196 81,878
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-Fully diluted 104,570 102,063 98,475 95,540 81,878
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Long-term debt and capital
lease obligations, less current portion $ 75,752 $ 79,504 $ 19,676 $ 42,039 $ 131,307
Total assets $2,445,702 $1,929,231 $1,448,095 $1,291,758 $1,111,692
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ADVANCED MICRO DEVICES, INC. 27
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 1995