Autodesk 2011 Annual Report Download - page 145
Download and view the complete annual report
Please find page 145 of the 2011 Autodesk annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135 -
136 -
137 -
138 -
139 -
140 -
141 -
142 -
143 -
144 -
145 -
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
 |
 |
AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Autodesk issued 3.2 million shares under the ESP Plan at an average price of $14.77 per share in fiscal
2011, 3.1 million shares at an average price of $14.41 per share in fiscal 2010, and 2.1 million shares at an
average price of $27.32 per share in fiscal 2009. The weighted average grant date fair value of awards granted
under the ESP Plan during fiscal 2011, 2010 and 2009, calculated as of the award grant date using the Black-
Scholes-Merton option pricing model, was $7.22, $7.19 and $10.40 per share, respectively. Autodesk recorded
$18.2 million, $26.6 million and $23.1 million of compensation expense associated with the ESP Plan in fiscal
2011, 2010 and 2009, respectively.
Equity Compensation Plan Information
The following table summarizes the number of outstanding options granted to employees and directors, as
well as the number of securities remaining available for future issuance under these plans as of January 31, 2011
(number of securities in millions).
(a) (b) (c)
Plan category
Number of securities
to be issued upon
exercise of
outstanding options
Weighted-average
exercise price of
outstanding
options
Number of securities remaining
available for future issuance
under equity compensation
plans (excluding securities
reflected in column (a))
Equity compensation plans approved by
security holders ...................... 31.1 $28.06 45.7(1)
Equity compensation plans not approved
security holders(2) ................... 0.7 10.39 —
Total ................................ 31.8 $27.65 45.7
(1) Included in this amount are 27.8 million securities available for future issuance under Autodesk’s ESP Plan.
(2) Amounts correspond to Autodesk’s Nonstatutory Stock Option Plan, which was terminated by the Board of
Directors in December 2004.
Note 5. Income Taxes
The provision for income taxes consists of the following:
Fiscal year ended January 31,
2011 2010 2009
Federal:
Current ....................................................... $16.0 $ 12.3 $ 20.9
Deferred ...................................................... (8.2) (33.0) 0.7
State:
Current ....................................................... (1.5) 3.0 5.9
Deferred ...................................................... 7.4 7.1 (0.7)
Foreign:
Current ....................................................... 48.4 34.1 54.2
Deferred ...................................................... (2.1) 3.2 (12.1)
$60.0 $ 26.7 $ 68.9
79