Autodesk 2009 Annual Report Download - page 156

AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The computation of diluted net income per share does not include 15.8 million shares for fiscal 2009,
6.8 million shares for fiscal 2008 and 8.3 million shares for fiscal 2007 of common stock underlying stock
options whose exercise price was above the annual average fair market value of Autodesk’s common stock.
These shares were excluded in the computation of basic and diluted net income per share because they were anti-
dilutive under the treasury stock method, in accordance with the FASB’s Statement of Financial Accounting
Standards No. 128, “Earnings per Share.”
Note 11. Segments
Autodesk has four reportable segments: Platform Solutions and Emerging Business and Other (“PSEB”),
Architecture, Engineering and Construction (“AEC”), Manufacturing Solutions (“MSD”) and Media and
Entertainment (“M&E”). Location Services, which is not included in any of the above reportable segments, is
reflected as Other. Autodesk believes that reporting in these four segments is consistent with Statement of
Financial Accounting Standards No. 131, “Disclosures about Segments of an Enterprise and Related Information
(as amended).” Autodesk has no material inter-segment revenue.
The PSEB, AEC and MSD segments derive revenue from the sale of licenses for software products and
services to customers who design, build, manage or own building, manufacturing and infrastructure projects. The
M&E segment derives revenue from the sale of products to creative professionals, post-production facilities, and
broadcasters for a variety of applications, including feature films, television programs, commercials, music and
corporate videos, interactive game production, web design and interactive web streaming.
PSEB, consisting of Autodesk’s core platform, AutoCAD, underpins the Company’s design offerings for all
industries. AutoCAD provides a platform for Autodesk’s developer partners to build custom solutions for a range
of diverse design-oriented markets and for AEC and MSD to offer tailored versions of AutoCAD for their
markets. PSEB’s revenue primarily includes revenue from sales of licenses of Autodesk’s 2D horizontal products,
AutoCAD and AutoCAD LT, as well as Autodesk’s 2D industry-specific product and AutoCAD Map 3D.
AEC solutions enable customers and their clients to reduce inefficiencies in building design, civil
engineering, and construction. AEC solutions also support information needs across the project lifecycle. The
segment’s solutions include advanced technology for building information modeling (“BIM”), AutoCAD-based
design and documentation productivity software, and collaborative project management software. BIM, a
paradigm for building and civil engineering design, documentation and construction, enables users to exchange
and analyze complex design and construction information in digital form, and through its use enables users to
design and construct more environmentally sustainable or “green” projects through analysis of land use, drainage
patterns, materials, quantities, energy use, and lighting in a virtual model. AEC’s revenue primarily includes
revenue from the sales of licenses of Autodesk Revit products, AutoCAD Architecture and AutoCAD Civil 3D.
MSD provides the manufacturing industry with comprehensive design, data management and digital
prototyping solutions, enabling customers to rapidly adopt 3D model-based design, create and validate designs in
a simple 2D or 3D environment, and manage designs from the conceptual design phase through the
manufacturing phase. MSD’s revenue primarily includes revenue from the sales of licenses of Autodesk Inventor
products and AutoCAD Mechanical.
M&E is comprised of two product groups: Animation, including design visualization, and Advanced
Systems. Animation products such as Autodesk 3ds Max and Autodesk Maya provide advanced tools for 3D
modeling, animation, rendering solutions, and design visualization and visual effects production. Advanced
Systems products provide color grading, editing, finishing and visual effects, media mastering and encoding
technology and increase the productivity of creative professionals.
78