| (1) | The Computing and Graphics segment primarily includes desktop and notebook processors and chipsets, discrete and integrated graphics processing units (GPUs), data center and professional GPUs and development services. | ||
| The Enterprise, Embedded and Semi-Custom segment primarily includes server and embedded processors, semi-custom System-on-Chip (SoC) products, development services and technology for game consoles. | |||
| The Xilinx segment primarily includes Field Programmable Gate Arrays (FPGAs), adaptive System-on-Chips (SoCs), and Adaptive Compute Acceleration Platform (ACAP) 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. Also included in this category are acquisition-related intangible asset amortization expense, stock-based compensation expense and acquisition-related costs.
| |||
| (2) | Reconciliation of GAAP Net Income to Adjusted EBITDA | ||
| Three Months Ended | |||||||||||||
| March 26,
2022 | December 25,
2021 | March 27,
2021 | |||||||||||
| GAAP net income | $ | 786 | $ | 974 | $ | 555 | |||||||
| Interest expense | 13 | 8 | 9 | ||||||||||
| Other (income) expense, net | 42 | (4 | ) | 11 | |||||||||
| Income tax provision | 113 | 229 | 89 | ||||||||||
| Equity income in investee | (3 | ) | — | (2 | ) | ||||||||
| Stock-based compensation | 174 | 112 | 85 | ||||||||||
| Depreciation and amortization | 130 | 118 | 95 | ||||||||||
| Amortization of acquired intangible assets | 479 | — | — | ||||||||||
| Acquisition-related costs | 233 | 9 | 15 | ||||||||||
| Adjusted EBITDA | $ | 1,967 | $ | 1,446 | $ | 857 | |||||||
