Autodesk 2010 Annual Report Download - page 122

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, 2010, 2009 and 2008 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 years ended January 31, 2007 and 2006 are derived from audited,
consolidated financial statements which are not included in this Form 10-K.
Fiscal year ended January 31,
2010 2009 2008 2007 2006
(In millions, except per share data)
For the Fiscal Year
Net revenue ........................ $1,713.7 $2,315.2 $2,171.9 $1,839.8 $1,537.2
Income from operations(1) ............ 65.6 244.5 445.6 349.7 378.5
Net income(1) ...................... 58.0 183.6 356.2 289.7 333.6
At Year End
Total assets ........................ $2,447.2 $2,420.7 $2,212.2 $1,797.5 $1,355.8
Long-term liabilities ................. 269.7 309.9 251.4 108.3 65.0
Stockholders’ equity ................. 1,473.5 1,310.7 1,203.5 1,115.0 803.0
Common Stock Data
Basic net income per share ............ $ 0.25 $ 0.81 $ 1.55 $ 1.26 $ 1.46
Diluted net income per share ........... 0.25 0.80 1.47 1.19 1.35
Dividends paid per share .............. ————0.015
(1) Net income for fiscal 2010, 2009, 2008, 2007 and 2006 includes stock-based compensation expense of
$93.6 million, $89.5 million, $99.3 million, $94.3 million and $5.3 million, respectively. Results for fiscal
2010, 2009, 2008, 2007 and 2006 include amortization of acquisition-related intangibles of $58.4 million,
$46.6 million, $20.2 million, $14.4 million, and $0.7 million, respectively and results for fiscal 2009, 2008
and 2006 include in-process research and development from acquisitions of $26.9 million, $5.5 million and
$7.9 million, respectively. Results for fiscal 2008 include $13.7 million for employee tax expenses related to
our voluntary review of historical stock option grant practices. Results for fiscal 2007 include litigation
expenses related to a patent infringement lawsuit of $5.0 million. Fiscal 2010 and 2009 results include
restructuring charges of $48.2 million and $40.2 million, respectively. Results for fiscal 2010, 2009 and
2008 include asset impairment charges of $21.0 million, $128.9 million and $4.0 million, respectively.
Autodesk also recognized a discrete non-cash tax charge of $21.0 million during the first quarter of fiscal
2010 related to a change in expected future tax rates and establishment of a valuation allowance against
California deferred tax assets.
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