| (1 | ) | The Data Center segment primarily includes server microprocessors (CPUs) and graphics processing units (GPUs), data processing units (DPUs), Field Programmable Gate Arrays (FPGAs) and Adaptive System-on-Chip (SoC) products for data centers. | |
| The Client segment primarily includes CPUs, accelerated processing units that integrate microprocessors and GPUs (APUs), and chipsets for desktop and notebook personal computers. | |||
| The Gaming segment primarily includes discrete GPUs, semi-custom SoC products and development services. | |||
| The Embedded segment primarily includes embedded CPUs and GPUs, FPGAs, and Adaptive SoC products. | |||
| From time to time, the Company may also sell or license portions of its IP portfolio. | |||
| All Other category primarily includes certain expenses and credits that are not allocated to any of the operating segments, such as amortization of acquisition-related intangible asset, employee stock-based compensation expense, acquisition-related costs and licensing gain. | |||
| (2) | Reconciliation of GAAP Net Income (Loss) to Adjusted EBITDA | ||
| Three Months Ended | |||||||||
| April 1,
2023 | March 26,
2022 | ||||||||
| GAAP net income (loss) | $ | (139 | ) | $ | 786 | ||||
| Interest expense | 25 | 13 | |||||||
| Other (income) expense, net | (43 | ) | 42 | ||||||
| Income tax provision | 13 | 113 | |||||||
| Equity income in investee | (1 | ) | (3 | ) | |||||
| Stock-based compensation | 305 | 174 | |||||||
| Depreciation and amortization | 159 | 130 | |||||||
| Amortization of acquired intangible assets | 823 | 479 | |||||||
| Acquisition-related costs | 115 | 233 | |||||||
| Adjusted EBITDA | $ | 1,257 | $ | 1,967 | |||||
