AMD 2001 Annual Report Download - page 226
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CONSOLIDATED STATEMENTS OF OPERATIONS
Three Years Ended December 30, 2001
(Thousands except per share amounts) 2001 2000 1999
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Net sales $ 3,891,754 $4,644,187 $2,857,604
Expenses:
Cost of sales 2,589,747 2,514,637 1,964,434
Research and development 650,930 641,799 635,786
Marketing, general and administrative 620,030 599,015 540,070
Restructuring and other special charges 89,305 - 38,230
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3,950,012 3,755,451 3,178,520
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Operating income (loss) (58,258) 888,736 (320,916)
Gain on sale of Vantis - - 432,059
Gain on sale of Legerity - 336,899 -
Interest and other income, net 25,695 86,301 31,735
Interest expense (61,360) (60,037) (69,253)
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Income (loss) before income taxes, equity in net income of
joint venture and extraordinary item (93,923) 1,251,899 73,625
Provision (benefit) for income taxes (14,463) 256,868 167,350
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Income (loss) before equity in net income of joint venture and
extraordinary item (79,460) 995,031 (93,725)
Equity in net income of joint venture 18,879 11,039 4,789
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Net income (loss) before extraordinary item (60,581) 1,006,070 (88,936)
Extraordinary item - debt retirement, net of $13,497 tax benefit - (23,044) -
-----------------------------------------------------------------------------------------------------------
Net income (loss) $ (60,581) $ 983,026 $ (88,936)
-----------------------------------------------------------------------------------------------------------
Net income (loss) per common share:
Basic - income (loss) before extraordinary item $ (0.18) $ 3.25 $ (0.30)
Diluted - income (loss) before extraordinary item $ (0.18) $ 2.95 $ (0.30)
-----------------------------------------------------------------------------------------------------------
Basic - income (loss) after extraordinary item $ (0.18) $ 3.18 $ (0.30)
Diluted - income (loss) after extraordinary item $ (0.18) $ 2.89 $ (0.30)
Shares used in per share calculations:
Basic 332,407 309,331 294,577
Diluted 332,407 350,000 294,577
===========================================================================================================
See accompanying notes
25
Source: ADVANCED MICRO DEVIC, 10-K, March 07, 2002