Autodesk 2004 Annual Report Download - page 49

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ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
AUTODESK, INC.
CONSOLIDATED STATEMENTS OF INCOME
Fiscal year ended January 31,
2004 2003 2002
(in thousands, except per share data)
Net revenues:
License and other ........................................ $836,737 $748,944 $901,812
Maintenance .............................................. 114,906 76,001 45,679
Total net revenues ..................................... 951,643 824,945 947,491
Costs and expenses:
Cost of license and other revenues ...................... 132,727 135,687 149,314
Cost of maintenance revenues ........................... 15,401 10,123 8,314
Marketing and sales ...................................... 393,234 357,667 367,930
Research and development .............................. 209,349 190,252 185,084
General and administrative ............................... 90,990 80,068 84,142
Amortization of goodwill and purchased intangibles . . . 522 299 20,903
Restructuring and other .................................. 3,183 25,887 33,630
Total costs and expenses .............................. 845,406 799,983 849,317
Income from operations .................................... 106,237 24,962 98,174
Interest and other income, net ............................. 16,959 13,504 19,058
Gain on disposal of affiliate ................................. — — 9,461
Income before income taxes ............................... 123,196 38,466 126,693
Provision for income taxes .................................. (2,880) (6,562) (35,169)
Equity in net loss of affiliate ................................. — — (1,211)
Net income .................................................. $120,316 $ 31,904 $ 90,313
Basic net income per share ................................. $ 1.08 $ 0.28 $ 0.83
Diluted net income per share .............................. $ 1.04 $ 0.28 $ 0.80
Shares used in computing basic net income per share ..... 111,497 113,035 108,815
Shares used in computing diluted net income per share . . . 115,652 114,775 112,275
See accompanying notes.
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