| Three Months Ended | ||||||||||||||||||||||||
|
June 29,
2019 |
March 30,
2019 |
June 30,
2018 | ||||||||||||||||||||||
| GAAP net income / earnings per share (1) | $ | 35 | 0.03 | $ | 16 | 0.01 | $ | 116 | 0.11 | |||||||||||||||
| Loss on debt redemption | — | — | 8 | 0.01 | — | — | ||||||||||||||||||
| Non-cash interest expense related to convertible debt | 6 | — | 6 | 0.01 | 6 | — | ||||||||||||||||||
| Stock-based compensation | 45 | 0.04 | 41 | 0.04 | 33 | 0.03 | ||||||||||||||||||
| Equity loss in investee | — | — | 1 | — | 1 | — | ||||||||||||||||||
| Loss contingency on legal matter | 7 | 0.01 | 5 | — | — | — | ||||||||||||||||||
| Provision (benefit) for income taxes (2) | (1 | ) | — | (15 | ) | (0.01 | ) | — | — | |||||||||||||||
| Non-GAAP net income / earnings per share (3) | $ | 92 | $ | 0.08 | $ | 62 | $ | 0.06 | $ | 156 | $ | 0.14 | ||||||||||||
|
Shares used and net income adjustment in
earnings per share calculation | ||||||||||||||||||||||||
| Shares used in per share calculation (GAAP) | 1,109 | 1,094 | 1,147 | |||||||||||||||||||||
| Interest expense add-back to GAAP net income | $ | — | $ | — | $ | 11 | ||||||||||||||||||
| Shares used in per share calculation (Non-GAAP) | 1,210 | 1,195 | 1,147 | |||||||||||||||||||||
| Interest expense add-back to Non-GAAP net income | $ | 5 | $ | 5 | $ | 5 | ||||||||||||||||||
| (1) For three months ended June 30, 2018, GAAP diluted EPS calculation includes the 100.6 million shares related to
the Company’s 2026 Convertible Notes and the associated $11 million interest expense add-back to net income under the "if converted" method. | ||||||||||||||||||||||||
| (2) The adjustment in the three months ended March 30, 2019 represents a reduction of US taxes due to the completion
of certain internal tax structuring. The associated tax benefit on a Non-GAAP basis is being recognized throughout 2019. | ||||||||||||||||||||||||
| (3) For all three periods, Non-GAAP diluted EPS calculation includes the 100.6 million shares related to the Company’s 2026
Convertible Notes and the associated $5 million interest expense add-back to net income under the "if converted" method. | ||||||||||||||||||||||||
About AMD
