Autodesk 2011 Annual Report Download - page 157

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AUTODESK, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS—(Continued)
Note 16. Restructuring Reserves
During the first quarter of fiscal 2011, Autodesk initiated a restructuring plan in order to further reduce
operating costs. The restructuring plan resulted in targeted staff reductions of approximately 200 positions. No
leased facilities were consolidated as part of this restructuring (“Fiscal 2011 Plan”).
During the second quarter of fiscal 2010, Autodesk initiated a restructuring program in order to reduce its
operating costs. This plan resulted in a staff reduction of approximately 430 positions globally and resulted in the
consolidation of approximately 32 leased facilities around the world (“Fiscal 2010 Plan”).
In the fourth quarter of fiscal 2009, Autodesk initiated a restructuring program in order to reduce its
operating costs. This program resulted in a staff reduction of approximately 700 positions globally and resulted
in the consolidation of approximately 27 leased facilities (“Fiscal 2009 Plan”).
In connection with these restructuring plans, Autodesk recorded restructuring and impairment charges of
$10.8 million and $48.2 million during the fiscal years ended January 31, 2011 and 2010, respectively. Of these
amounts, $10.8 million and $24.3 million were recorded for one-time termination benefits and other costs during
fiscal 2011 and 2010, respectively, and $23.9 million was recorded for facilities-related costs during fiscal 2010.
The one-time termination benefits have substantially been paid as of January 31, 2011. Autodesk expects to pay
the facility related liabilities through fiscal 2018.
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