Autodesk 2001 Annual Report Download - page 2

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Contents Page
Letter to Stockholders
Welcome………………………………………………………………………………………... 1
Fiscal Year 2001 Financial Review………………………………………………………….. 4
Fiscal Year 2001 in Review…………………………………………………………………... 5
Our Year Ahead………………………………………………………………………………... 8
Part I
Forward-Looking Information.…………………………………………………………..……. 10
Item 1. Business………………………………………………………………………….……. 10
Item 2. Properties……………………………………………………………………………… 14
Item 3. Legal Proceedings………………………………………………………………..…... 14
Item 4. Submission of Matters to a Vote of Security Holders………………….………….. 15
Part II
Item 5. Market for the Registrant's Common Equity and Related Stockholder Matters... 16
Item 6. Selected Financial Data……………………………………………….……..………. 17
Item 7. Management's Discussion and Analysis of Financial Condition and Results of
Operations…………………………………………………………………………….. 18
Item 7A. Quantitative and Qualitative Disclosure About Market Risk……………………. 26
Item 8. Financial Statements and Supplementary Data…………………………….…….. 28
Autodesk, Inc. Consolidated Statements of Operations……………………..……. 28
Autodesk, Inc. Consolidated Balance Sheets…………………..……..……………. 29
Autodesk, Inc. Consolidated Statement of Cash Flows………..………..…..……. 30
Autodesk, Inc. Consolidated Statement of Stockholders' Equity…...………..…… 31
Autodesk, Inc. Notes to Consolidated Financial Statements………..…………… 33
Note 1. Autodesk and Summary of Significant Accounting Policies……... 33
Note 2. Net Income Per Share………..………..………..………..…………. 35
Note 3. Financial Instruments………..………..………..………..…………... 36
Note 4. Income Taxes………..………..………..………..………..…………. 38
Note 5. Investment in Affiliate- Buzzsaw.com, Inc. (“Buzzsaw”)…………. 39
Note 6. Minority Interest- RedSpark, Inc. (“RedSpark”).………..…………. 40
Note 7. Borrowing Arrangements………..…...…..………..………..………. 40
Note 8. Commitments and Contingencies………..………..………..……… 40
Note 9. Stockholders' Equity………..………..………..………..……………. 40
Note 10. Stock Compensation and Employee Benefit Plans…...………… 41
Note 11. Business Combinations………..………..………..………..………. 43
Note 12. Nonrecurring Charges………..………..………..………..………... 44
Note 13. Litigation Accrual Reversal………..………..………..……………. 44
Note 14. Segments………..………..……….………..………..……………… 44
Note 15. Comprehensive Income………..………..………..………..……… 47
Note 16. Quarterly Financial Information (Unaudited).………..……..……. 48
Report of Ernst & Young LLP, Independent Auditors…………..………..………… 49