Want to know how much Scott McNealy earns?

Sun Microsystems garnered $68m more revenue for its quarter ended 30 June than it reported earlier, the company disclosed on Monday in a regulatory filing, along with details of its senior executives' remuneration packages.

The adjustment stemmed from expense reductions of $42m in sales commissions and $19m in vacation accrual, combined with a $7m gain from an internal company shipment that had been processed incorrectly, Sun said. The adjustment was a relatively small fraction of the overall $3.4bn of revenue for the quarter.

In a separate filing, Sun detailed executive compensation. For the fiscal year ended June 30, chief executive Scott McNealy cashed in stock options worth $25m. He also received a salary of $100,000 and a bonus of $487,500.

McNealy also was granted 3.5 million stock options for the year, all with a strike price of more than double Sun's current stock price.

Sun also disclosed in its annual report that it is in settlement talks with the Commerce Department over an issue stemming from computer equipment shipments to China in 1997 and 1998. "We expect to reach a resolution on this and don't expect a materially adverse impact at all," spokesman Andy Lark said.

"In early February 2002, Sun and two of its subsidiaries received several charging letters from the United States Department of Commerce, Bureau of Industry and Security, Office of Export Enforcement (BIS) claiming that we had violated export control regulations. The letters relate to sales in 1998 in Egypt and in 1997 to a reseller in Hong Kong for subsequent resale in the People's Republic of China," Sun said in the filing. In addition, BIS said it expects to tell Sun of further violations, Sun said.

Stephen Shankland writes for News.com