AMD 2013 Annual Report Download - page 105

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The following table summarizes sales to external customers by country:
2013 2012 2011
(In millions)
United States .................................. $ 801 $ 407 $ 456
Europe ....................................... 460 469 779
China ........................................ 2,519 3,131 3,493
Singapore ..................................... 610 856 1,056
Japan ......................................... 710 305 445
Other countries ................................. 199 254 339
Total sales to external customers ....................... $5,299 $5,422 $6,568
The Company had three customers that accounted for more than 10% of the Company’s consolidated net
revenue in 2013 and one customer that accounted for more than 10% of the Company’s consolidated revenue in
2012 and 2011. Net sales to these customers were approximately 17%, 11% and 10% of consolidated net revenue
in 2013 and 22% of consolidated net revenue in 2012 and 2011.
The following table summarizes long-lived assets by geographic areas:
December 28,
2013
December 29,
2012
(In millions)
United States ................................... $153 $417
Malaysia ....................................... 66 66
China ......................................... 46 59
Singapore ...................................... 18 37
Other countries .................................. 63 79
Total long-lived assets ................................ $346 $658
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). As of December 28, 2013, the Company also has stock options outstanding under previous equity
compensation plans that were in effect before April 29, 2004, as well as equity compensation plans that the
Company assumed as part of its SeaMicro acquisition. Shares reserved for future grants under the Company’s
prior equity compensation plans were consolidated into the 2004 Plan; none of the reserved shares under the
SeaMicro plan were consolidated into the 2004 Plan. As of December 28, 2013, the Company had 5.7 million
shares of common stock that were available for future grants and 76 million shares reserved for issuance upon the
exercise of outstanding stock options or the vesting of unvested restricted stock and restricted stock units.
Under the 2004 Plan, stock options generally vest and become exercisable over a three- to four-year period
from the date of grant and expire within ten years after the grant date. Unvested shares that are reacquired by the
Company from outstanding equity awards become available for grant and may be reissued as new awards.
Under the 2004 Plan, the Company can grant fair market value awards or full value awards. Fair market
value awards are awards granted at or above the fair market value of the Company’s common stock on the date
of grant. Full value awards are awards granted at less than the fair market value of the Company’s common stock
on the date of grant. Awards can consist of (i) stock options and stock appreciation rights granted at the fair
market value of the Company’s common stock on the date of grant and (ii) restricted stock or restricted stock
units, as full value awards. Following is a description of the material terms of the awards that may be granted
under the 2004 Plan.
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