AMD 1995 Annual Report Download - page 254

FINANCIAL
summary
Five Years Ended December 31, 1995
(Thousands except per share amounts) 95 94 93 92 91
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Net sales $2,429,724 $2,134,659 $1,648,280 $1,514,489 $1,226,649
Expenses:
Cost of sales 1,298,876 982,306 789,564 746,486 658,824
Research and development 397,555 279,984 262,802 227,860 213,765
Marketing, general, and administrative 385,016 359,230 290,861 270,198 244,900
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2,081,447 1,621,520 1,343,227 1,244,544 1,117,489
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Operating income 348,277 513,139 305,053 269,945 109,160
Litigation settlement -- (58,000) -- -- --
Interest income and other, net 30,763 16,259 16,490 18,913 57,007
Interest expense (707) (1,844) (2,910) (17,227) (20,880)
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Income before income taxes and equity
in joint venture 378,333 469,554 318,633 271,631 145,287
Provision for income taxes 112,738 153,703 89,218 26,620 --
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Income before equity in joint venture 265,595 315,851 229,415 245,011 145,287
Equity in net income (loss) of joint venture 34,926 (10,585) (634) -- --
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Net income 300,521 305,266 228,781 245,011 145,287
Preferred stock dividends 10 10,350 10,350 10,350 10,350
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Net income applicable to common stockholders $ 300,511 $ 294,916 $ 218,431 $ 234,661 $ 134,937
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Net income per common share
Primary $2.85 $3.02 $2.30 $2.57 $1.53
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Fully diluted $2.81 $2.92 $2.24 $2.49 $1.52
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Shares used in per share calculation
Primary 105,575 97,510 95,108 91,383 88,196
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Fully diluted 107,035 104,570 102,063 98,475 95,540
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Long-term debt and capital lease obligations,
less current portion $ 214,965 $ 75,752 $ 79,504 $ 19,676 $ 42,039
Total assets $3,031,268 $2,445,702 $1,929,231 $1,448,095 $1,291,758
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AMD's common stock (symbol AMD) is listed on the New York Stock Exchange. The
company has never paid cash dividends on common stock and has no present plans
to do so.
The number of stockholders of record at January 28, 1996 was 10,008.
Source: ADVANCED MICRO DEVIC, 10-K405, March 21, 1996