Exhibit 11 ADVANCED MICRO DEVICES, INC. STATEMENT RE: COMPUTATION OF PER SHARE EARNINGS Three Years Ended December 25, 1994 (Thousands except per share)
PRIMARY 1992 1993 1994 --------- --------- --------- Weighted average number of common shares outstanding during the year ....................... 87,068 90,660 93,914 Incremental common shares attributable to shares issuable under employee stock plans (assuming proceeds would be used to purchase treasury stock) ....................... 4,315 4,448 3,596 --------- --------- --------- Total shares ........................................ 91,383 95,108 97,510 ========= ========= ========= Net income: Amount applicable to common shares................... $234,661 $218,431 $294,916 Per share ........................................... $2.57 $2.30 $3.02 FULLY DILUTED Weighted average number of common shares outstanding during the year ....................... 87,068 90,660 93,914 Incremental common shares attributable to shares issuable under employee stock plans (assuming proceeds would be used to purchase treasury stock) ....................... 4,551 4,547 3,802 Preferred stock ..................................... 6,856 6,856 6,854 --------- --------- --------- Total shares ........................................ 98,475 102,063 104,570 ========= ========= ========= Net income: Amount applicable to common shares .................. $234,661 $218,431 $294,916 Preferred stock dividends ........................... 10,350 10,350 10,350 --------- --------- --------- Net adjusted income ................................. $245,011 $228,781 $305,266 Per share ........................................... $2.49 $2.24 $2.92