Autodesk 2005 Annual Report Download - page 55

AUTODESK, INC.
CONSOLIDATED BALANCE SHEETS
January 31,
2005
January 31,
2004
(in thousands)
ASSETS
Current assets:
Cash and cash equivalents ............................................... $ 517,654 $282,249
Marketable securities .................................................... 15,038 81,275
Accounts receivable, net ................................................. 196,827 166,816
Inventories ............................................................... 12,545 17,365
Deferred income taxes ................................................... 14,250 25,410
Prepaid expenses and other current assets .............................. 25,483 24,137
Total current assets .................................................... 781,797 597,252
Marketable securities ....................................................... — 165,976
Computer equipment, software, furniture and leasehold improvements,
at cost:
Computer equipment, software and furniture ........................... 191,656 206,319
Leasehold improvements ................................................. 32,586 34,526
Less accumulated depreciation ........................................... (154,676) (174,371)
Net computer equipment, software, furniture and
leasehold improvements ............................................ 69,566 66,474
Purchased technologies and capitalized software, net ...................... 9,319 19,378
Goodwill .................................................................... 166,628 160,094
Deferred income taxes, net ................................................. 105,061 —
Other assets ................................................................ 9,833 7,986
$1,142,204 $1,017,160
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable ........................................................ $ 46,234 $ 52,307
Accrued compensation ................................................... 144,145 92,830
Accrued income taxes .................................................... 41,549 50,695
Deferred revenues ....................................................... 178,701 127,276
Other accrued liabilities ................................................. 66,839 61,814
Total current liabilities ................................................. 477,468 384,922
Deferred income taxes, net ................................................. — 7,849
Deferred revenues .......................................................... 15,528 —
Other liabilities ............................................................. 1,130 2,746
Commitments and contingencies
Stockholders’ equity:
Preferred stock, $0.01 par value; 2,000 shares authorized;
none issued or outstanding at January 31, 2005 and 2004 ............ — —
Common stock and additional paid-in capital, $0.01 par value; 400,000
shares authorized; 227,611 shares outstanding at January 31, 2005
and 223,440 shares outstanding at January 31, 2004 .................. 625,225 473,673
Accumulated other comprehensive loss ................................. (2,843) (4,754)
Deferred compensation .................................................. (269) (451)
Retained earnings ........................................................ 25,965 153,175
Total stockholders’ equity ............................................. 648,078 621,643
$1,142,204 $1,017,160
See accompanying Notes to Consolidated Financial Statements.
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