Autodesk 2010 Annual Report Download - page 159

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AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Other Revenue
Other revenue includes revenue from consulting, training, Autodesk Developers Network and
Advanced Systems customer support, and is recognized over time, as the services are performed.
Maintenance Revenue
Maintenance revenue consists of revenue from the Company’s maintenance program. Under this
program, customers are eligible to receive unspecified upgrades when-and-if-available, downloadable
training courses and on-line support. Autodesk recognizes maintenance revenue from its maintenance
program ratably over the maintenance service contract periods.
Taxes Collected from Customers
Autodesk nets taxes collected from customers against those remitted to government authorities in our
financial statements. Accordingly, taxes collected from customers are not reported as revenue.
Shipping and Handling Costs
Shipping and handling costs are included in cost of revenue for all periods presented.
Advertising Expenses
Advertising costs are expensed as incurred. Total advertising expenses incurred were $18.4 million in fiscal
2010, $16.4 million in fiscal 2009 and $27.6 million in fiscal 2008.
Net Income Per Share
Basic net income per share is computed based on the weighted average number of shares of common stock
outstanding for the period, including restricted stock awards and excluding stock options and restricted stock
units. Diluted net income per share is computed based upon the weighted average shares of common shares
outstanding for the period and potentially dilutive common shares, including the effect of stock options and
restricted stock units under the treasury stock method.
Accounting Standards Adopted in Fiscal 2010
With the exception of those discussed below, there have been no recent accounting pronouncements or
changes in accounting pronouncements during the fiscal year ended January 31, 2010 that are of significance, or
potential significance to the Company.
In June 2009, the Financial Accounting Standards Board (“FASB”) issued The FASB Accounting Standards
Codification and the Hierarchy of Generally Accepted Accounting Principles. This statement, which became
effective on July 1, 2009, established the Accounting Standards Codification (“ASC”) as the source of
authoritative GAAP recognized by the FASB to be applied by nongovernmental entities, and is codified in ASC
Topic 105, “Generally Accepted Accounting Principles.” The ASC did not change GAAP, but instead
reorganizes the U.S. GAAP pronouncements into accounting Topics. As the ASC did not change GAAP, the
adoption of ASC Topic 105 did not have a material effect on Autodesk’s consolidated financial position, results
of operations or cash flows.
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