Autodesk 2004 Annual Report Download - page 56

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Expected future amortization expense for purchased technologies and capitalized software for each
of the fiscal years ended through January 31, 2009 is as follows (in thousands):
Year ending January 31,
2005 ....................................................... $13,488
2006 ....................................................... 3,369
2007 ....................................................... 927
2008 ....................................................... 912
2009 ....................................................... 682
Total ....................................................... $19,378
Goodwill
On February 1, 2002, the Company adopted Statement of Financial Accounting Standards No. 142
“Goodwill and Other Intangible Assets”. Therefore, Autodesk no longer amortizes goodwill but instead tests
it for impairment annually in the fourth quarter or more often if and when circumstances indicate that
goodwill may not be recoverable. There was no impairment of goodwill during the year ended January 31,
2004. Goodwill amortization expense was $19.9 million in fiscal 2002.
The following table sets forth Autodesk’s net income and per share amounts had the provisions of SFAS
142 been in effect during the fiscal year ended January 31, 2002.
(In thousands, except per share amounts)
Fiscal year
ended 2002
Net income as reported .................................. $ 90,313
Add back amortization of goodwill, net of tax ........... 13,912
Adjusted net income ..................................... $104,225
Basic net income per share — as reported ............... $ 0.83
Basic net income per share — pro forma ................ $ 0.96
Diluted net income per share — as reported ............ $ 0.80
Diluted net income per share — pro forma .............. $ 0.93
At January 31, 2004 all of the goodwill associated with fiscal year 2004 acquisitions was allocated to the
Design Solutions segment. The changes in the carrying amount of goodwill during the two years ended
January 31, 2004 are as follows (in thousands):
Design Solutions Discreet Total
Balance as of January 31, 2002 ...................... $ 33,581 $6,406 $ 39,987
Revit acquisition goodwill ........................ 107,234 — 107,234
CAiCE acquisition goodwill ....................... 7,546 — 7,546
TruEInnovations goodwill ........................ 1,178 — 1,178
Balance as of January 31, 2003 ...................... 149,539 6,406 155,945
Linius acquisition goodwill ....................... 978 — 978
VIA acquisition goodwill .......................... 3,450 — 3,450
Other .............................................. (279) — (279)
Balance as of January 31, 2004 ...................... $153,688 $6,406 $160,094
AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 1. Business and Summary of Significant Accounting Policies (Continued)
46