Autodesk 2007 Annual Report Download - page 91

31
2007 Annual Report
ITEM 6. SELECTED FINANCIAL DATA
The consolidated balance sheet as of January 31, 2006 and the consolidated statements of income
for the fiscal years ended January 31, 2006 and January 31, 2005 have been restated as set forth in this
Form 10-K. The data for the consolidated balance sheets as of January 31, 2005, 2004, and 2003 and the
consolidated statements of income for the fiscal years ended January 31, 2004 and January 31, 2003, derived
from our unaudited books and records, have been restated to include the stock-based compensation
and net revenues adjustments. The information set forth below is not necessarily indicative of results
of future operations, and should be read in conjunction with Item 7, “Management’s Discussion and
Analysis of Financial Condition and Results of Operations,” and the consolidated financial statements
and related notes thereto included in Item 8 of this Form 10-K to fully understand factors that may affect
the comparability of the information presented below. The information presented in the following tables
has been adjusted to reflect the restatement of our financial results, which is more fully described in the
“Explanatory Note” immediately preceding Part I, Item 1 and in Note 2, “Restatement of Consolidated
Financial Statements,” in the Notes to Consolidated Financial Statements of this Form 10-K. Autodesk has
not amended its previously-filed Annual Reports on Form 10-K or Quarterly Reports on Form 10-Q for the
periods affected by this restatement. The financial information that has been previously filed or otherwise
reported for these periods is superseded by the information in this Annual Report on Form 10-K, and the
financial statements and related financial information contained in such previously-filed reports should
no longer be relied upon.
Fiscal year ended January 31,
2007 2006 2005 2004 2003
As
Restated(1)(2)
As
Restated(1)(2)
As
Restated(2)
As
Restated(2)
(In millions, except per share data)
Unaudited Unaudited
For the Fiscal Year
Net revenues. . . . . . . . . . . . . . . . . $1,839.8 $ 1,537.2 $ 1,238.9 $ 951.6 $ 824.9
Income from operations (3)(4) . 349.7 378.5 231.7 101.2 20.4
Net income (3)(4)(5) . . . . . . . . . . 289.7 333.6 221.1 115.3 27.7
At Year End
Total assets . . . . . . . . . . . . . . . . . . $ 1,797.5 $ 1,355.8 $ 1,140.6 $ 1,017.2 $ 883.6
Long-term liabilities. . . . . . . . . . . 108.3 65.0 27.6 11.3 4.9
Stockholders’ equity . . . . . . . . . . 1,115.0 803.0 649.8 620.8 568.7
Common Stock Data
Basic net income per share . . . . $ 1.26 $ 1.46 $ 0.97 $ 0.52 $ 0.12
Diluted net income per share . . 1.19 1.35 0.90 0.50 0.12
Dividends paid per share . . . . . . 0.00 0.015 0.06 0.06 0.06
(1) See the “Explanatory Note” immediately preceding Part I, Item 1 and Note 2, “Restatement of
Consolidated Financial Statements,” in the Notes to Consolidated Financial Statements of this Form
10-K.
(2) The Selected Financial Data for 2006, 2005, 2004 and 2003 has been restated to reflect adjustments
related to net revenues, stock-based compensation expense and the associated tax effect as further
described in the “Explanatory Note” immediately preceding Part I, Item 1 of this Form 10-K. As a result
of these adjustments, net income was increased by $4.7 million for the year ended January 31, 2006
and reduced by $0.4 million, $5.1 million and $4.2 million for the years ended January 31, 2005, 2004
and 2003, respectively, as follows: