Autodesk 2015 Annual Report Download - page 150

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2015 Form 10-K 58
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
AUTODESK, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(In millions, except per share data)
Fiscal year ended January 31,
2015 2014 2013
Net revenue:
License and other $ 1,341.4 $ 1,254.9 $ 1,364.1
Subscription 1,170.8 1,019.0 948.1
Total net revenue 2,512.2 2,273.9 2,312.2
Cost of revenue:
Cost of license and other revenue 208.5 178.7 166.0
Cost of subscription revenue 133.6 95.6 72.5
Total cost of revenue 342.1 274.3 238.5
Gross profit 2,170.1 1,999.6 2,073.7
Operating expenses:
Marketing and sales 998.0 842.6 875.5
Research and development 725.2 611.1 600.0
General and administrative 283.3 211.8 206.3
Amortization of purchased intangibles 39.8 36.5 42.1
Restructuring charges, net 3.1 12.8 43.9
Total operating expenses 2,049.4 1,714.8 1,767.8
Income from operations 120.7 284.8 305.9
Interest and other (expense) income, net (37.7) (4.9) 4.1
Income before income taxes 83.0 279.9 310.0
Provision for income taxes (1.2) (51.1) (62.6)
Net income $ 81.8 $ 228.8 $ 247.4
Basic net income per share $ 0.36 $ 1.02 $ 1.09
Diluted net income per share $ 0.35 $ 1.00 $ 1.07
Weighted average shares used in computing basic net income per share 227.1 224.0 226.4
Weighted average shares used in computing diluted net income per share 232.4 229.6 231.7
See accompanying Notes to Consolidated Financial Statements.
2015 Annual Report