Autodesk 2006 Annual Report Download - page 115

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agreement. At January 31, 2006, a total of 14.2 million shares were available for future issuance. This amount
will automatically be increased on the first trading day of each fiscal year by an amount equal to the lesser of
10.0 million shares or 2.0% of the total of (1) outstanding shares plus (2) any shares repurchased by Autodesk
during the prior fiscal year. Autodesk issued 1.9 million shares at an average price of $17.99 per share in fiscal
2006, 4.6 million shares at an average price of $5.73 per share in fiscal 2005, and 4.2 million shares at an average
price of $5.48 in fiscal 2004. The provisions of this plan expire during 2018.
Equity Compensation Plan Information
The following table summarizes the number of outstanding options granted to employees and directors,
as well as the number of securities remaining available for future issuance under these plans as of January 31,
2006 (number of securities in thousands).
(a) (b) (c)
Plan category
Number of securities
to be issued upon
exercise of
outstanding options,
warrants and rights
Weighted-average
exercise price of
outstanding options,
warrants and rights
Number of securities
remaining available
for future issuance
under equity
compensation plans
(excluding securities
reflected in column (a))
Equity compensation plans approved by
security holders (1) ................... 26,325 $ 17.40 18,755(2)
Equity compensation plans not
approved by security holders (3) ..... 3,717 9.63 —
Total .................................... 30,042 $16.44 18,755
(1) Included in these amounts are 0.2 million securities available to be issued upon exercise of outstanding
options with a weighted-average exercise price of $3.93 related to equity compensation plans assumed in
connection with previous business mergers and acquisitions.
(2) Included in this amount are 14.2 million securities available for future issuance under Autodesk’s 1998
Employee Qualified Stock Purchase Plan. This amount does not include 9.65 million securities available for
future issuance under the 2006 Employee Stock Plan, which became effective in March 2006.
(3) Amounts correspond to Autodesk’s Nonstatutory Stock Option Plan, which was terminated by the Board
of Directors in December 2004.
Pretax Savings Plan
Autodesk has a 401(k) plan that covers nearly all U.S. employees. Eligible employees may contribute up to
50% of their pretax salary, subject to limitations mandated by the Internal Revenue Service; in fiscal 2004
employees were limited to contributions up to 20% of their pretax salary. Autodesk makes voluntary cash
contributions and matches a portion of employee contributions in cash. Autodesk’s contributions were
$6.6 million in fiscal 2006, $6.0 million in fiscal 2005 and $6.2 million in fiscal 2004. Autodesk does not allow
participants to invest in Autodesk common stock through the 401(k) plan.
Other Plans
Autodesk provides defined-contribution plans in certain foreign countries where required by statute.
Autodesk’s funding policy for foreign defined-contribution plans is consistent with the local requirements in each
country. Autodesk’s contributions to these plans were $5.5 million in fiscal 2006, $4.7 million in fiscal 2005 and
$4.4 million in fiscal 2004.
2006 Annual Report
AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 9. Employee and Director Benefit Plans (Continued)
69