Autodesk 2007 Annual Report Download - page 177

117
2007 Annual Report
AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 11. Comprehensive Income
The changes in the components of other comprehensive income, net of taxes, were as follows:
January 31,
2007 2006 2005
As Restated (1) As Restated (1)
Net income ............................................. $289.7 $333.6 $ 221.1
Net unrealized gains on available-for-sale securities:
Change in net unrealized gains on available-for-sale
securities, net of tax benefit of $0.8 in 2005 . . . . . . . . . . . . — — (1.2)
Less: net unrealized gains reclassified into earnings, net of
tax charge of $0.2 in 2005. . . . . . . . . . . . . . . . . . . . . . . . . . . . . — — 0.3
Change in net unrealized gains. . . . . . . . . . . . . . . . . . . . . . . . . . — — (1.5)
Net change in cumulative foreign currency translation
adjustment ........................................... 3.8 (4.6) 3.4
Total comprehensive income. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $293.5 $329.0 $223.0
(1) See Note 2, “Restatement of Consolidated Financial Statements,” in Notes to Consolidated Financial
Statements.
Accumulated other comprehensive loss, net of taxes, was comprised of foreign currency translation
adjustments of $3.6 million at January 31, 2007 and $7.4 million at January 31, 2006.
Note 12. Net Income Per Share
The following table sets forth the computation of the numerators and denominators used in the basic
and diluted net income per share amounts:
Year ended January31,
2007 2006 2005
As Restated (1) As Restated (1)
Numerator:
Numerator for basic and diluted net income per
share—net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $289.7 $ 333.6 $ 221.1
Denominator: ...........................................
Denominator for basic net income per
share—weighted average shares. . . . . . . . . . . . . . . . . . . . . . . 230.7 229.0 227.0
Effect of dilutive common stock options . . . . . . . . . . . . . . . . . 12.5 18.5 20.0
Denominator for dilutive net income per share . . . . . . . . . . . . . 243.2 247.5 247.0
(1) The computation of diluted net income per share does not include 8.3 million options for fiscal 2007,
0.2 million options for fiscal 2006, and 0.3 million options for fiscal 2005. These options were excluded
in the computation of basic and diluted net income per share because they had exercise prices greater
than the average market prices of common stock during the respective periods and therefore were
not dilutive. See Note 2, “Restatement of Consolidated Financial Statements.”