Autodesk 2007 Annual Report Download - page 141

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81
2007 Annual Report
AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 1. Business and Summary of Significant Accounting Policies (Continued)
The changes in the carrying amount of goodwill during the years ended January 31, 2007 and 2006
are as follows:
Design
Solutions
Media and
Entertainment Total
Balance as of January 31, 2005. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $159.0 $7.6 $166.6
Alias Systems acquisition . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49.5 73.5 123.0
c-plan AG acquisition .................................. 7.0 7.0
Colorfront Ltd. acquisition. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 9.4 9.4
Compass Systems GmbH acquisition . . . . . . . . . . . . . . . . . . . . 5.8 5.8
Other acquisitions, effect of foreign currency
translation and other................................. 6.4 6.4
Balance as of January 31, 2006 ............................ 227.7 90.5 318.2
Constructware acquisition. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 35.9 35.9
Other acquisitions, purchase accounting adjustments,
effect of foreign currency translation and other. . . . . . . . . (3.8) 5.0 1.2
Balance as of January 31, 2007. . . . . . . . . . . . . . . . . . . . . . . . . . . . . $259.8 $95.5 $355.3
Purchase accounting adjustments reflect revisions made to the Company’s preliminary purchase
price allocation during fiscal 2007.
Impairment of Long-Lived Assets
At least annually or more frequently as circumstances dictate, Autodesk assesses the recoverability
of its long-lived assets by comparing the undiscounted net cash flows associated with such assets against
their respective carrying values. Impairment, if any, is based on the excess of the carrying value over the
fair value. There was no impairment of long-lived assets during the year ended January 31, 2007.
In addition to the recoverability assessments, Autodesk routinely reviews the remaining estimated
useful lives of its long-lived assets. Any reduction in the useful life assumption will result in increased
depreciation and amortization expense in the quarter when such determinations are made, as well as in
subsequent quarters.