Advanced Micro Devices Inc (AMD)

[HailMary]

The 'fully diluted' number of shares that is used to calculate profit per share includes shares reserved for employee grants.

I think 'fully diluted' only counts shares that have actually been granted from the pool, but I could be wrong. If you watch you'll see the fully diluted number creep up about one million each quarter as more shares are granted out to employees. I'm not sure how to account for this creeping if it isn't stock options being granted. Here are the diluted share counts for the last 2 years:

Q102 341
Q202 342
Q302 343
Q402 344
Q103 345
Q203 346
Q303 347
Q403 416
Q104 417

I guess we'll find out for sure if the 17.4 is added now or over time when Q2 earnings are reported.