AMD 1995 Annual Report Download - page 212

Exhibit 11
ADVANCED MICRO DEVICES, INC.
STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS
Three Years Ended December 31, 1995
(Thousands except per share)
PRIMARY 1993 1994 1995
---------- ---------- ----------
Weighted average number of common shares
outstanding during the year................ 90,660 93,914 102,279
Incremental common shares attributable to
shares issuable under employee stock
plans (assuming proceeds would be used
to purchase treasury stock)................ 4,448 3,596 3,296
---------- ---------- ----------
Total shares................................ 95,108 97,510 105,575
========== ========== ==========
Net Income:
Amount applicable to common shares.......... $218,431 $294,916 $300,511
Per Share................................... $2.30 $3.02 $2.85
FULLY DILUTED
Weighted average number of common shares
outstanding during the year................. 90,660 93,914 102,279
Incremental common shares attributable to
shares issuable under employee stock
plans (assuming proceeds would be used
to purchase treasury stock)............... 4,547 3,802 3,413
Preferred stock............................. 6,856 6,854 1,343
---------- ---------- ----------
Total shares................................ 102,063 104,570 107,035
========== ========== ==========
Net income:
Amount applicable to common shares.......... $218,431 $294,916 $300,511
Preferred stock dividends................... 10,350 10,350 10
---------- ---------- ----------
Net adjusted income......................... $228,781 $305,266 $300,521
Per share................................... $2.24 $2.92 $2.81
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996