Autodesk 2005 Annual Report Download - page 61

Download and view the complete annual report

Please find page 61 of the 2005 Autodesk annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 102

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102

Purchased technologies, capitalized software and the related accumulated amortization at January 31 were
as follows (in thousands):
2005 2004
Purchased technologies ........................................... $ 137,108 $ 133,041
Capitalized software .............................................. 21,780 20,875
158,888 153,916
Less: Accumulated amortization .................................. (149,569) (134,538)
Purchased technologies and capitalized software, net ............ $ 9,319 $ 19,378
The weighted-average amortization period for purchased technologies and capitalized software acquired
during fiscal 2005 was 2.8 years.
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,
2006 ....................................................... $5,203
2007 ....................................................... 2,259
2008 ....................................................... 1,175
2009 ....................................................... 682
Total ....................................................... $9,319
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, 2005.
The changes in the carrying amount of goodwill during the two years ended January 31, 2005 are as follows
(in thousands):
Design Solutions Discreet Total
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
MechSoft acquisition goodwill .................... 3,903 — 3,903
Unreal Pictures acquisition goodwill .............. — 1,159 1,159
DESC acquisition goodwill ........................ 1,720 — 1,720
Other ............................................. (248) — (248)
Balance as of January 31, 2005 ....................... $159,063 $ 7,565 $ 166,628
Other includes the effects of changes in foreign currencies and adjustments to goodwill resulting from
changes in deferred tax liabilities established in connectionwith a stock compensation plan assumed in a business
combination.
AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 1. Business and Summary of Significant Accounting Policies (Continued)
49