AMD 2010 Annual Report Download - page 122

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The Company’s operations outside the United States include both back end manufacturing and sales
activities. The Company’s back end manufacturing subsidiaries are located in Malaysia, Singapore and China. Its
sales subsidiaries are located in the United States, Europe, Japan, China and Latin America. In 2009, GFs
manufacturing facilities, and in 2008, when these facilities were the Company’s wafer manufacturing facilities,
were located in Germany.
The following table summarizes sales for the three years ended December 25, 2010 and long-lived assets by
geographic areas as of the two years ended December 25, 2010:
2010 2009 2008
(In millions)
Sales to external customers:
United States .................................. $ 747 $ 704 $ 737
Japan ......................................... 561 306 331
China ........................................ 3,006 2,445 2,553
Europe ....................................... 985 934 1,021
Other Countries ................................ 1,195 1,014 1,166
$6,494 $5,403 $5,808
Long-lived assets:
United States .................................. $ 418 $ 716
Singapore ..................................... 79 145
Germany ...................................... 1 2,756
Other Countries ................................ 202 192
$ 700 $3,809
Sales to external customers are based on the customer’s billing location. Long-lived assets are those assets
used in each geographic area.
The Company markets and sells its products primarily to a broad base of customers including third-party
distributors, OEMs, ODMs, add-in-board manufacturers, system integrators, retail stores and e-commerce
retailers.
In 2010, the Company had one customer that accounted for more than 10% of the Company’s consolidated
net revenues. Net sales to this customer were approximately $1.4 billion, or 22% of consolidated net revenues,
and were primarily attributable to the Computing Solutions segment.
In 2009, the Company had one customer that accounted for more than 10% of the Company’s consolidated
net revenues. Net sales to this customer were approximately $1.3 billion, or 24% of consolidated net revenues,
and were primarily attributable to the Computing Solutions segment.
In 2008, the Company had one customer that accounted for more than 10% of the Company’s consolidated
net revenues. Net sales to this customer were approximately $1.2 billion, or 21% of consolidated net revenues,
and were primarily attributable to the Computing Solutions segment.
NOTE 14: Stock-Based Incentive Compensation Plans
The Company’s stock-based incentive programs are intended to attract, retain and motivate highly qualified
employees. On April 29, 2004, the Company’s stockholders approved the 2004 Equity Incentive Plan (the 2004
Plan). Equity awards are made from the 2004 Plan. Under the 2004 Plan, stock options cannot be exercised until
they become vested. Generally, stock options vest and become exercisable over a three- to four-year period from
the date of grant. Stock options expire at the times established by the Company’s Compensation Committee of
the Board of Directors, but not later than ten years after the grant date. In addition, unvested shares that are
released from or reacquired by the Company from outstanding awards under the 2004 Plan become available for
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