AMD 2002 Annual Report Download - page 57

Table of Contents
Net Income (Loss) Per Common Share.
The following table sets forth the computation of basic and diluted net income (loss) per common share:
2002 2001 2000
(Thousands except per share data)
Numerator:
Numerator for basic income (loss) per common share before extraordinary item $ (1,303,012) $ (60,581) $ 1,006,070
Numerator for basic extraordinary loss per common share — — (23,044)
Numerator for basic income (loss) per common share $ (1,303,012) $ (60,581) $ 983,026
Numerator for basic income (loss) per common share before extraordinary item $ (1,303,012) $ (60,581) $ 1,006,070
Effect of adding back interest expense associated with convertible debentures — — 27,507
Numerator for diluted income (loss) per common share before extraordinary item $ (1,303,012) $ (60,581) $ 1,033,127
Numerator for diluted extraordinary loss per common share — — (23,044)
Numerator for diluted income (loss) per common share after extraordinary item $ (1,303,012) $ (60,581) $ 1,010,083
Denominator:
Denominator for basic income (loss) per share—weighted average shares 342,334 332,407 309,331
Effect of dilutive securities:
Employee stock options — — 12,711
Convertible debentures — — 27,958
Potential dilutive common shares — — 40,669
Denominator for diluted income (loss) per common share—adjusted weighted-average shares 342,334 332,407 350,000
Net income (loss) per common share:
Basic:
Income (loss) before extraordinary item $ (3.81) $ (0.18) $ 3.25
Extraordinary item $ — $ — $ (0.07)
Net income (loss) $ (3.81) $ (0.18) $ 3.18
Diluted:
Income (loss) before extraordinary item $ (3.81) $ (0.18) $ 2.95
Extraordinary item $ — $ — $ (0.06)
Net income (loss) $ (3.81) $ (0.18) $ 2.89
Potential dilutive common shares of approximately 27.4 million and 14.4 million for the year ended December 29, 2002 and December 30, 2001,
respectively, were not included in the net loss per common share calculation, as their inclusion would have been antidilutive.
Accumulated Other Comprehensive Income (Loss). Unrealized gains or losses on the Company’s available-for-sale securities, deferred gains and losses
on derivative financial instruments qualifying as cash flow hedges and foreign currency translation adjustments are included in accumulated other comprehensive
income (loss).
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Source: ADVANCED MICRO DEVIC, 10-K, March 14, 2003