Autodesk 2010 Annual Report Download - page 155

AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
The changes in the carrying amount of goodwill during the years ended January 31, 2010 and 2009 are as
follows:
Platform
Solutions and
Emerging
Business
Architecture,
Engineering
and
Construction Manufacturing
Media and
Entertainment Total
Balance as of January 31, 2008 ............. $ 1.6 $200.8 $133.3 $ 107.7 $ 443.4
Addition arising from Moldflow
acquisition ....................... — — 124.9 — 124.9
Addition arising from Softimage
acquisition ....................... — — — 21.0 21.0
Addition arising from ALGOR
acquisition ....................... — — 16.4 — 16.4
Additions arising from other
acquisitions ...................... 34.7 13.7 4.2 18.8 71.4
Impairment ........................ — — — (128.2) (128.2)
Effect of foreign currency translation,
purchase accounting adjustments and
other ............................ — (5.1) (3.0) 1.7 (6.4)
Balance as of January 31, 2009 ............. 36.3 209.4 275.8 21.0 542.5
Addition arising from PlanPlatform
acquisition ....................... 14.1 — — — 14.1
Additions arising from other
acquisitions ...................... — 3.0 — — 3.0
Impairment ........................ — — — (21.0) (21.0)
Transfer of assets between segments .... (10.1) 10.1 — — —
Effect of foreign currency translation,
purchase accounting adjustments and
other ............................ (0.1) 2.3 2.1 — 4.3
Balance as of January 31, 2010 ............. $40.2 $224.8 $277.9 $ 0.0 $ 542.9
Purchase accounting adjustments reflect revisions made to the Company’s preliminary purchase price
allocation during fiscal 2010 and 2009.
Impairment of Long-Lived Assets
At least annually or more frequently as circumstances dictate, Autodesk assesses the recoverability of its
long-lived assets by comparing the undiscounted net cash flows associated with such assets against their
respective carrying values. Impairment, if any, is based on the excess of the carrying value over the fair value.
Autodesk recorded a $0.7 million impairment of long-lived assets associated with its Architecture, Engineering
and Construction (“AEC”) segment during fiscal 2009 and $0.9 million of fixed assets impairment due to the
restructuring of certain leased facilities in fiscal 2009. See Note 16, “Restructuring Reserves,” for further
information regarding the long-lived assets impairment recorded as part of Autodesk’s restructuring plan. There
was no impairment of long-lived assets during the years ended January 31, 2010 and 2008.
In addition to the recoverability assessments, Autodesk routinely reviews the remaining estimated useful
lives of its long-lived assets. Any reduction in the useful life assumption will result in increased depreciation and
amortization expense in the quarter when such determinations are made, as well as in subsequent quarters.
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