Autodesk 2001 Annual Report Download - page 20

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17
Autodesk, Inc. FY 01
Item 6. Selected Financial Data
(In thousands,except per share data)
Fiscal year ended January 31, 2001 2000 1999 1998 1997
For the Fiscal Year
Net revenues1$ 936,324 $ 848,051 $ 893,832 $ 786,121 $ 613,273
Income from operations2140,014 763 142,087 94,994 65,296
Net income293,233 9,808 97,132 56,215 42,247
At Year End
Total assets 807,759 902,946 819,927 697,191 591,923
Long-term liabilities 1,208 1,255 3,486 30,583 30,974
Common stock data
Basic net income per share $ 1.63 $ 0.16 $ 1.72 $ 1.00 $ 0.77
Diluted net income per share 1.59 0.16 1.64 0.94 0.74
Proforma net income per share31.87 0.99 2.11 1.68 0.92
Dividends paid per share 0.24 0.24 0.20 0.20 0.20
1During the fourth quarter of fiscal 2001,Autodesk adopted two new accounting pronouncements that had the effect of increasing net revenues
and equally increasing costs and expenses. Historical net revenue amounts were reclassified to conform with the new presentation. The adoption
of these pronouncements did not impact current or previously reported net income.
The changes,which involved the classification of dealer commissions and shipping and handling fees billed, are described more fully in Note 1 to
the Consolidated Financial Statements. Historical amounts are as follows: dealer commissions totaling $24.7 million in fiscal 2001, $25.4 million
in fiscal 2000,$19.4 million in fiscal 1999, $15.2 million in fiscal 1998 and $12.9 million in fiscal 1997; and shipping and handling fees billed total-
ing $2.1 million in fiscal 2001,$2.4 million in fiscal 2000, $2.5 million in fiscal 1999,$2.2 million in fiscal 1998 and $1.7 million in fiscal 1997.
2Fiscal 2000 results were impacted by nonrecurring charges primarily related to acquisitions and a work force reduction.
3Proforma net income per share is an alternative measure of performance and is not in accordance with U.S.generally accepted accounting prin-
ciples. Proforma net income per share excludes the effect of amortization of goodwill and purchased intangibles, nonrecurring (credits) charges
and litigation accrual reversals.