AMD 2007 Annual Report Download - page 151

Table of Contents
Supplementary Financial Information
In 2007, the Company used a 52-week fiscal year ending on the last Saturday in December. All of the quarters in 2007 consisted of 13 weeks. In 2006, the
Company used a 53-week fiscal year ending on the last Sunday in December. All of the quarters in 2005 and 2006 except for the quarter ended July 2, 2006
consisted of 13 weeks. The quarter ended July 2, 2006 consisted of 14 weeks.
2007 and 2006 by Quarter
(Unaudited)
2007 2006
Dec. 29 Sep. 29 Jun. 30 Mar. 31 Dec. 31(1) Oct. 1 Jul. 2 Mar. 26
(In millions, except per share amounts)
Net revenue $ 1,770 $ 1,632 $ 1,378 $ 1,233 $ 1,773 $ 1,328 $ 1,216 $ 1,332
Cost of sales 985 963 917 886 1,132 645 526 553
Gross margin 785 669 461 347 641 683 690 779
Research and development 473 467 475 432 385 277 279 264
Marketing, general and administrative 321 352 365 335 296 279 309 256
In-process research and development — — — — 416(3) — — —
Amortization of intangible assets and integration charges(4) 61 76 78 84 73 6 — —
Impairment of goodwill and acquired intangible assets 1,608(5) — — — — — — —
Operating income (loss) (1,678) (226) (457) (504) (529) 121 102 259
Interest Income 19 19 19 16 22 31 35 28
Interest expense (95) (95) (99) (78) (67) (18) (18) (23)
Other income (expense), net 1 (1) (9) 2 2 (2) 7 (20)
Income (loss) before minority interest, equity in net loss of
Spansion Inc. and other and income taxes (1,753) (303) (546) (564) (572) 132 126 244
Minority interest in consolidated subsidiaries (9) (9) (9) (8) (8) (7) (7) (6)
Equity in net loss of Spansion Inc. and other(2) (69) (57) (13) (16) (5) (10) (12) (18)
Provision (benefit) for income taxes(6) (59) 27 32 23 (9) (21) 18 35
Net income (loss) $ (1,772) $ (396) $ (600) $ (611) $ (576) $ 136 $ 89 $ 185
Net income (loss) per common share
Basic (3.06) (0.71) (1.09) (1.11) (1.08) 0.28 0.18 0.40
Diluted (3.06) (0.71) (1.09) (1.11) (1.08) 0.27 0.18 0.38
Shares used in per share calculation
Basic 579 554 552 549 531 486 485 464
Diluted 579 554 552 549 531 497 500 495
Common stock market price range
High $ 14.73 $ 16.19 $ 15.95 $ 20.63 $ 25.69 $ 27.90 $ 36.08 $ 42.70
Low $ 7.30 $ 11.27 $ 12.60 $ 12.96 $ 19.90 $ 16.90 $ 23.46 $ 30.16
(1) Includes the operations of ATI for the period from October 25 through December 31, 2006. As a result, the quarter ended December 31, 2006 is not fully
comparable to prior quarters.
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Source: ADVANCED MICRO DEVIC, 10-K, February 26, 2008