Autodesk 2008 Annual Report Download - page 104

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ITEM 6. SELECTED FINANCIAL DATA
The following selected consolidated financial data 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 financial data for the years ended January 31, 2008, 2007 and 2006 are derived
from, and are qualified by reference to, the audited consolidated financial statements that are included in this
Form 10-K. The financial data for the year ended January 31, 2005 is derived from audited and consolidated
financial statements, which are not included in this Form 10-K; the financial data for the year ended January 31,
2004 is derived from unaudited consolidated financial statements, which are not included in this Form 10-K.
Fiscal year ended January 31,
2008 2007 2006 2005 2004
(In millions, except per share data)
Unaudited
For the Fiscal Year
Net revenue ........................ $2,171.9 $1,839.8 $1,537.2 $1,238.9 $ 951.6
Income from operations(1) ............ 445.6 349.7 378.5 231.7 101.2
Net income(1)(2) .................... 356.2 289.7 333.6 221.1 115.3
At Year End
Total assets ........................ $2,208.9 $1,797.5 $1,355.8 $1,140.6 $1,017.2
Long-term liabilities ................. 231.9 108.3 65.0 27.6 11.3
Stockholders’ equity ................. 1,230.5 1,115.0 803.0 649.8 620.8
Common Stock Data
Basic net income per share ............ $ 1.55 $ 1.26 $ 1.46 $ 0.97 $ 0.52
Diluted net income per share .......... 1.47 1.19 1.35 0.90 0.50
Dividends paid per share .............. — — 0.015 0.06 0.06
(1) Under Statement of Financial Accounting Standards No. 123—revised 2004, “Share-Based Payment,”
(“SFAS No. 123R”) net income for fiscal 2008 and 2007 includes stock-based compensation expense of
$99.3 million and $94.3 million, respectively. Results for fiscal 2008 and 2007 also include amortization of
acquisition-related intangibles of $20.2 million and $14.4 million, respectively and results for fiscal 2008
include in-process research and development from acquisitions of $5.5 million. Results for fiscal 2008 also
include $13.7 million for employee tax expenses related to our voluntary review of historical stock option
grant practices. Results for fiscal 2007 also include litigation expenses related to a patent infringement
lawsuit of $5.0 million. Fiscal 2005 and 2004 results include restructuring charges of $26.7 million and $3.2
million, respectively.
(2) Fiscal 2008 results include discrete net tax expense of $1.9 million. Fiscal 2007, 2006, 2005, and 2004
results include net tax benefits of $15.1 million, $19.4 million, $26.8 million, and $26.7 million,
respectively. These items relate to audit period closures, DRD legislation, reserve releases, federal
research & development credits, and FSC benefit. See Note 3, “Income Taxes,” in the Notes to Consolidated
Financial Statements for further discussion.
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