EXHIBIT 11.1 ADVANCED MICRO DEVICES, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS THREE YEARS ENDED DECEMBER 26, 1993 (THOUSANDS EXCEPT PER SHARE)
PRIMARY 1991 1992 1993 -------- -------- ------- Weighted average number of common shares outstanding during the year . . . . . . . . . . . . . . . . . . 83,270 87,068 90,660 Incremental common shares attributable to shares issuable under employee stock plans (assuming proceeds would be used to purchase treasury stock) . . . . . . . . . . . . . . . . . . 4,926 4,315 4,448 -------- -------- ------- Total shares . . . . . . . . . . . . . . . . . . . . . . . . . . 88,196 91,383 95,108 ======== ======== ======= Net income: Amount applicable to common shares . . . . . . . . . . . . . . . $134,937 $234,661 $218,431 Per share . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.53 $ 2.57 $ 2.30 FULLY DILUTED Weighted average number of common shares outstanding during the year . . . . . . . . . . . . . . . . . . 83,270 87,068 90,660 Incremental common shares attributable to shares issuable under employee stock plans (assuming proceeds would be used to purchase treasury stock) . . . . . . . . . . . . . . . . . . 5,414 4,551 4,547 Preferred stock . . . . . . . . . . . . . . . . . . . . . . . . . 6,856 6,856 6,856 -------- -------- ------- Total shares . . . . . . . . . . . . . . . . . . . . . . . . . . 95,540 98,475 102,063 ======== ======== ======= Net income: Amount applicable to common shares . . . . . . . . . . . . . . . $134,937 $234,661 $218,431 Preferred stock dividends . . . . . . . . . . . . . . . . . . . 10,350 10,350 10,350 -------- -------- ------- Net adjusted income . . . . . . . . . . . . . . . . . . . . . . $145,287 $245,011 $228,781 Per share . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 1.52 $ 2.49 $ 2.24
- ---------------------