| Three Months Ended | ||||||||||||||||||||||||
|
September 28,
2019 |
June 29,
2019 |
September 29,
2018 | ||||||||||||||||||||||
| GAAP net income / earnings per share | $ | 120 | $ | 0.11 | $ | 35 | $ | 0.03 | $ | 102 | $ | 0.09 | ||||||||||||
| Loss on debt redemption/conversion | 40 | 0.03 | — | — | 6 | — | ||||||||||||||||||
| Non-cash interest expense related to convertible debt | 6 | — | 6 | — | 6 | 0.01 | ||||||||||||||||||
| Stock-based compensation | 54 | 0.04 | 45 | 0.04 | 36 | 0.03 | ||||||||||||||||||
| Equity income in investee | (1 | ) | — | — | — | — | — | |||||||||||||||||
| Loss contingency on legal matter | — | — | 7 | 0.01 | — | — | ||||||||||||||||||
| Provision (benefit) for income taxes | — | — | (1 | ) | — | — | — | |||||||||||||||||
| Non-GAAP net income / earnings per share (1) | $ | 219 | $ | 0.18 | $ | 92 | $ | 0.08 | $ | 150 | $ | 0.13 | ||||||||||||
|
Shares used and net income adjustment in
earnings per share calculation | ||||||||||||||||||||||||
| Shares used in per share calculation (GAAP) | 1,117 | 1,109 | 1,076 | |||||||||||||||||||||
| Interest expense add-back to GAAP net income | $ | — | $ | — | $ | — | ||||||||||||||||||
| Shares used in per share calculation (Non-GAAP) | 1,212 | 1,210 | 1,177 | |||||||||||||||||||||
| Interest expense add-back to Non-GAAP net income | $ | 4 | $ | 5 | $ | 5 | ||||||||||||||||||
| (1) For the three months ended September 28, 2019, Non-GAAP diluted EPS calculation includes the 95 million shares
related to the Company’s 2026 Convertible Notes and the associated $4 million interest expense add-back to net income under the "if converted" method. For the three months ended June 29, 2019 and September 29, 2018, 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
