Autodesk 2003 Annual Report Download - page 44

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AUTODESK, INC.
CONSOLIDATED BALANCE SHEETS
January 31,
2003
January 31,
2002
(in thousands)
ASSETS
Current assets:
Cash and cash equivalents ............................................. $186,377 $ 157,687
Marketable securities ................................................. 60,643 180,124
Accounts receivable, net ............................................... 132,803 140,465
Inventories ......................................................... 12,284 17,999
Deferred income taxes ................................................ 28,923 31,477
Prepaid expenses and other current assets ................................. 28,602 36,118
Total current assets ............................................... 449,632 563,870
Marketable securities ..................................................... 164,029 166,800
Computer equipment, software, furniture and leasehold improvements, at cost:
Computerequipment,softwareandfurniture............................... 210,900 200,568
Leasehold improvements .............................................. 32,913 29,652
Less accumulated depreciation .......................................... (167,691) (157,400)
Net computer equipment, software, furniture and leasehold improvements . . . 76,122 72,820
Purchased technologies and capitalized software, net ............................ 30,125 19,336
Goodwill, net ........................................................... 155,945 39,987
Deferred income taxes .................................................... — 29,459
Other assets ............................................................. 7,797 10,172
$ 883,650 $ 902,444
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable .................................................... $ 45,122 $ 53,769
Accrued compensation ................................................ 44,869 57,540
Accrued income taxes ................................................. 39,802 91,922
Deferred revenues .................................................... 93,241 65,474
Other accrued liabilities ............................................... 86,994 101,946
Total current liabilities ............................................ 310,028 370,651
Deferred income taxes, net ................................................. 1,678 —
Other liabilities .......................................................... 2,736 2,479
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; 2,000 shares authorized; none issued or
outstanding at January 31, 2003 and 2002 ............................... — —
Common stock and additional paid-in capital, $0.01 par value; 250,000 shares
authorized; 112,264 shares outstanding at January 31, 2003 (111,287 shares in
2002) ............................................................ 479,874 458,135
Accumulated other comprehensive loss ................................... (11,568) (19,972)
Deferred compensation ................................................ (2,185) (713)
Retained earnings .................................................... 103,087 91,864
Total stockholders’ equity ......................................... 569,208 529,314
$ 883,650 $ 902,444
See accompanying notes. 35