AMD 2000 Annual Report Download - page 427

SUPPLEMENTARY FINANCIAL DATA
2000 and 1999 by Quarter (Unaudited)
(Thousands except per share and market 2000 1999
price amounts)
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Dec. 31 Oct. 1 July 2 Apr. 2 Dec. 26 Sept. 26 June 27 Mar. 28
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Net Sales $1,175,172 $1,206,549 $1,170,437 $1,092,029 $968,710 $ 662,192 $ 595,109 $ 631,593
Expenses:
Cost of sales 657,303 639,010 612,567 605,757 581,545 474,119 458,339 450,431
Research and development 162,087 162,764 155,651 161,297 150,936 157,626 167,278 159,946
Marketing, general and administrative 160,756 141,931 152,022 144,306 158,803 129,437 124,520 127,310
Restructuring and other special charges - - - - 5,700 - 17,514 15,016
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980,146 943,705 920,240 911,360 896,984 761,182 767,651 752,703
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Operating income (loss) 195,026 262,844 250,197 180,669 71,726 (98,990) (172,542) (121,110)
Gain on sale of Vantis - - - - - - 432,059 -
Gain on sale of Legerity - 336,899 - - - - - -
Interest income and other, net 25,449 19,789 19,935 21,128 6,958 6,757 7,252 10,768
Interest expense (19,932) (17,382) (11,244) (11,479) (12,370) (18,033) (18,087) (20,763)
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Income (loss) before income taxes, equity
in net income of joint venture and
extraordinary item 200,543 602,150 258,888 190,318 66,314 (110,266) 248,682 (131,105)
Provision (benefit) for income taxes 30,081 175,009 51,778 - - - 172,823 (5,473)
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Income (loss) before equity in net income
of joint venture and extraordinary item 170,462 427,141 207,110 190,318 66,314 (110,266) 75,859 (125,632)
Equity in net income (loss) in joint
venture 7,570 4,406 32 (969) (1,234) 4,721 4,037 (2,735)
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Income (loss) before extraordinary item 178,032 431,547 207,142 189,349 65,080 (105,545) 79,896 (128,367)
Extraordinary item - debt retirement,
net of tax benefit (64) (22,980) - - - - - -
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Net income (loss)* $ 177,968 $ 408,567 $ 207,142 $ 189,349 $ 65,080 $(105,545) $ 79,896 $(128,367)
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Net income (loss) per share**
Basic - income (loss) before
extraordinary item $ 0.57 $ 1.38 $ 0.67 $ 0.63 $ 0.22 $ (0.36) $ 0.27 $ (0.44)
Diluted - income (loss) before
extraordinary item $ 0.53 $ 1.24 $ 0.60 $ 0.55 $ 0.21 $ (0.36) $ 0.27 $ (0.44)
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Basic - income (loss) after
extraordinary item $ 0.57 $ 1.31 $ 0.67 $ 0.63 $ 0.22 $ (0.36) $ 0.27 $ (0.44)
Diluted - income (loss) after
extraordinary item $ 0.53 $ 1.18 $ 0.60 $ 0.55 $ 0.21 $ (0.36) $ 0.27 $ (0.44)
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Shares used in per share calculation
Basic 313,501 311,943 309,625 302,257 296,506 295,223 294,340 292,238
Diluted 349,782 352,893 352,946 344,381 308,275 295,223 300,590 292,238
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Common stock market price range
High $ 26.00 $ 47.50 $ 47.72 $ 30.00 $ 15.88 $ 11.63 $ 10.82 $ 15.94
Low $ 13.56 $ 27.00 $ 25.50 $ 13.91 $ 8.22 $ 8.07 $ 7.38 $ 7.85
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* Net income for October 1, 2000 includes a $212 million gain, net of tax, on
the sale of AMD's subsidiary, Legerity, Inc. and a $23 million extraordinary
loss on debt retirement, net of tax; net loss for June 27, 1999 includes a
$259 million gain, net of tax, on the sale of AMD's subsidiary, Vantis
Corporation.
**Net income (loss) per common share, basic and diluted, for all prior periods,
has been restated to reflect a two-for-one stock split effected in the form
of a 100% stock dividend on August 21, 2000.
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Source: ADVANCED MICRO DEVIC, 10-K405, March 20, 2001