Autodesk 2007 Annual Report Download - page 195

135
2007 Annual Report
AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (Continued)
Note 17. Quarterly Financial Information (Unaudited) (Continued)
2nd quarter 1st quarter
As
Reported Adjustments (1)
As
Restated
As
Reported Adjustments (1)
As
Restated
ASSETS
Current assets:
Cash and cash equivalents . . . . . . . . $ 478.7 $ — $ 478.7 $ 518.1 $ — $ 518.1
Marketable securities . . . . . . . . . . . . 42.8 — 42.8 19.7 — 19.7
Accounts receivable, net . . . . . . . . . . 202.4 — 202.4 190.2 — 190.2
Inventories . . . . . . . . . . . . . . . . . . . . . . 14.3 — 14.3 14.7 — 14.7
Deferred income taxes . . . . . . . . . . . 43.3 — 43.3 25.6 — 25.6
Prepaid expenses and
other current assets . . . . . . . . . . . . 24.5 — 24.5 28.4 — 28.4
Total current assets . . . . . . . . . . . . 806.0 — 806.0 796.7 — 796.7
Computer equipment, software,
furniture and leasehold
improvements, net . . . . . . . . . . . . . . . 61.1 — 61.1 65.6 — 65.6
Purchased technologies, net . . . . . . . . . 16.2 — 16.2 10.3 — 10.3
Goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . 188.7 — 188.7 172.4 — 172.4
Deferred income taxes, net . . . . . . . . . . 93.0 (4.4) 88.6 116.8 (3.0) 113.8
Other assets . . . . . . . . . . . . . . . . . . . . . . . 16.9 — 16.9 15.8 — 15.8
$ 1,181.9 $ (4.4) $ 1,177.5 $ 1,177.6 $ (3.0) $ 1,174.6
LIABILITIES AND
STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable . . . . . . . . . . . . . . . . $ 62.7 $ — $ 62.7 $ 61.2 $ — $ 61.2
Accrued compensation . . . . . . . . . . . 89.1 — 89.1 72.9 — 72.9
Accrued income taxes . . . . . . . . . . . . 22.8 — 22.8 53.7 — 53.7
Deferred revenues . . . . . . . . . . . . . . . 206.3 (12.9) 193.4 202.1 (9.1) 193.0
Other accrued liabilities . . . . . . . . . . 54.2 — 54.2 47.0 — 47.0
Total current liabilities . . . . . . . . . . 435.1 (12.9) 422.2 436.9 (9.1) 427.8
Deferred revenues . . . . . . . . . . . . . . . . . 25.2 — 25.2 20.0 — 20.0
Other liabilities . . . . . . . . . . . . . . . . . . . . 9.3 1.6 10.9 9.9 1.6 11.5
Commitments and
contingencies (Note 8) . . . . . . . . . . . — — — — — —
Stockholders’ equity:
Preferred stock . . . . . . . . . . . . . . . . . . — — — — — —
Common stock and
additional paid-in capital . . . . . . . 689.9 29.4 719.3 664.7 30.1 694.8
Accumulated other
comprehensive loss . . . . . . . . . . . . (8.5) — (8.5) (3.3) — (3.3)
Deferred compensation . . . . . . . . . . . (0.4) (6.4) (6.8) (0.1) (8.1) (8.2)
Retained earnings . . . . . . . . . . . . . . . . 31.3 (16.1) 15.2 49.5 (17.5) 32.0
Total stockholders’ equity . . . . . . . 712.3 6.9 719.2 710.8 4.5 715.3
$ 1,181.9 $ (4.4) $ 1,177.5 $ 1,177.6 $ (3.0) $ 1,174.6
(1) See Note 2, “Restatement of Consolidated Financial Statements.”