AMD 1996 Annual Report Download - page 248

SUPPLEMENTARY FINANCIAL DATA
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1996 and 1995 by Quarter (Unaudited) Dec. 29, Sep. 29, Jun. 30, Mar. 31, Dec. 31, Oct. 1, Jul. 2, Apr. 2,
(Thousands except per share and market 1996 1996 1996 1996 1995 1995 1995 1995
price amounts) ------------------------------------------------------------------------------------
Net sales ................................... $496,868 $456,862 $ 455,077 $544,212 $595,178 $606,953 $638,867 $627,381
Expenses:
Cost of sales ............................ 354,622 337,692 379,779 368,735 427,058 368,359 315,905 305,685
Research and development ................. 107,499 105,656 92,768 94,780 107,715 106,237 105,695 96,874
Marketing, general and administrative .... 88,292 90,432 83,063 103,011 100,766 102,549 106,602 102,734
-------- -------- --------- -------- --------- -------- -------- --------
550,413 533,780 555,610 566,526 635,539 577,145 528,202 505,293
-------- -------- --------- -------- --------- -------- -------- --------
Operating income (loss) ..................... (53,545) (76,918) (100,533) (22,314) (40,361) 29,808 110,665 122,088
Interest income and other, net .............. 4,079 4,214 23,039 28,059 8,024 10,408 6,975 7,058
Interest expense ............................ (7,601) (3,443) (1,812) (1,981) (1,665) (315) (501) (578)
-------- -------- --------- --------- --------- -------- -------- --------
Income (loss) before income taxes and
equity in joint venture ................... (57,067) (76,147) (79,306) 3,764 (34,002) 39,901 117,139 128,568
Provision (benefit) for income taxes ........ (22,826) (30,459) (31,723) -- (21,846) 10,212 39,016 42,824
-------- -------- --------- --------- --------- -------- -------- --------
Income (loss) before equity in joint venture (34,241) (45,688) (47,583) 3,764 (12,156) 29,689 78,123 85,744
Equity in net income (loss) of joint venture 12,998 7,326 12,911 21,563 21,500 12,311 2,529 (1,414)
-------- -------- --------- --------- -------- -------- -------- --------
Net income (loss) ........................... (21,243) (38,362) (34,672) 25,327 9,344 42,000 80,652 84,330
Preferred stock dividends ................... -- -- -- -- -- -- -- 10
-------- -------- --------- --------- -------- -------- -------- --------
Net income (loss) applicable to
common stockholders ...................... $(21,243) $(38,362) $ (34,672) $ 25,327 $ 9,344 $ 42,000 $ 80,652 $ 84,320
======== ======== ========= ========= ======== ======== ======== ========
Net income (loss) per common share
-- Primary ..................... $ (0.15) $ (0.28) $ (0.26) $ 0.18 $ 0.07 $ 0.30 $ 0.59 $ 0.66
======== ======== ========= ========= ======== ======== ======== ========
-- Fully diluted ............... $ (0.15) $ (0.28) $ (0.26) $ 0.18 $ 0.07 $ 0.30 $ 0.59 $ 0.63
======== ======== ========= ========= ======== ======== ======== ========
Shares used in per share calculation
-- Primary ..................... 137,693 136,082 135,266 138,399 138,941 139,288 136,950 127,181
======== ======== ========= ========= ======== ======== ======== ========
-- Fully diluted ............... 137,693 136,082 135,266 138,399 139,085 139,434 137,647 134,421
======== ======== ========= ========= ======== ======== ======== ========
Common stock market price range
-- High......................... $ 28.38 $ 16.25 $ 19.88 $ 21.25 $ 29.25 $ 36.50 $ 39.25 $ 35.88
-- Low ......................... $ 14.13 $ 10.25 $ 12.88 $ 16.13 $ 16.13 $ 28.00 $ 32.13 $ 23.50
Source: ADVANCED MICRO DEVIC, 10-K, March 20, 1997