Western Digital 2009 Annual Report Download - page 73

Geographic Information
The Company’s operations outside the United States include manufacturing facilities in Malaysia and Thailand as
well as sales offices throughout Canada, Europe, Asia, Japan, India and the Middle East. The following table summarizes
the Company’s operations by geographic area for the three years ended July 3, 2009 (in millions):
2009 2008 2007
Net Revenue(1):
United States .......................................... $1,492 $1,949 $1,780
Asia ................................................ 3,639 3,343 1,840
Europe, Middle East and Africa ............................. 2,008 2,344 1,591
Other ............................................... 314 438 257
Total ................................................ $7,453 $8,074 $5,468
Long-lived assets:
United States .......................................... $1,043 $ 905
Asia ................................................ 954 1,167
Europe, Middle East and Africa ............................. 64 72
Total ................................................ $2,061 $2,144
(1) Revenue is attributed to geographic regions based on the ship to location of customer.
Major Customer
For 2009 and 2007, sales to Dell Inc. accounted for 10% of the Company’s net revenue. For 2008, no single
customer accounted for 10%, or more, of the Company’s net revenue.
Note 7. Western Digital Corporation 401(k) Plan
The Company has adopted the Western Digital Corporation 401(k) Plan (the “Plan”). The Plan covers substantially
all domestic employees, subject to certain eligibility requirements. The Company matches 50% of the first 5% of each
participant’s pre-tax contribution, provided, however, that each eligible participant shall receive a minimum annual basic
matching contribution equal to 50% of the first $4,000 of pre-tax contributions for any calendar year. Company
contributions vest over a 5-year period of employment. For 2009, 2008 and 2007, the Company made Plan contributions
of $7 million, $4 million, and $4 million, respectively.
Note 8. Shareholders’ Equity
Stock Incentive Plans
The Company maintains four stock-based incentive plans (collectively referred to as the “Stock Plans”): The
amended and restated 2004 Performance Incentive Plan, the Employee Stock Option Plan, the Broad-Based Stock
Incentive Plan and the Stock Option Plan for Non-Employee Directors. Subsequent to the expiration of the Employee
Stock Option Plan on November 10, 2004 and approval of the 2004 Performance Incentive Plan by the Company’s
shareholders on November 18, 2004, no new awards may be granted under the Employee Stock Option Plan, the Broad-
Based Stock Incentive Plan or the Stock Option Plan for Non-Employee Directors (collectively referred to as the “Prior
Stock Plans”). As of July 3, 2009, options to purchase 3.0 million shares of the Company’s common stock remain
outstanding and exercisable under the Prior Stock Plans. Options granted under the Prior Stock Plans vested over periods
from one to four years. Options granted under the Prior Stock Plans expire either five or ten years from the date of grant.
There are no outstanding restricted stock awards under the Prior Stock Plans.
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WESTERN DIGITAL CORPORATION
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)