Autodesk 2015 Annual Report Download - page 182

2015 Form 10-K 90
11. Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss, net of taxes, was comprised of the following:
Net
Unrealized
Gains
(Losses) on
Derivative
Instruments
Net
Unrealized
Gains
(Losses) on
Available for
Sale
Securities
Defined
Benefit
Pension
Components
Foreign
Currency
Translation
Adjustments Total (1)
Balances, January 31, 2013 $ 2.8 $ 2.9 $ (13.1) $ 1.7 $ (5.7)
Other comprehensive income (loss) before reclassifications 11.1 (0.2) 3.9 (2.0) 12.8
Pre-tax (gains) losses reclassified from accumulated other
comprehensive income (11.5) (1.2) 0.9 — (11.8)
Tax effects 1.1 0.3 0.6 2.1 4.1
Net current period other comprehensive income (loss) 0.7 (1.1) 5.4 0.1 5.1
Balances, January 31, 2014 3.5 1.8 (7.7) 1.8 (0.6)
Other comprehensive income (loss) before reclassifications 47.0 (1.7) (18.3) (80.7) (53.7)
Pre-tax (gains) losses reclassified from accumulated other
comprehensive income (7.0) 1.7 0.5 — (4.8)
Tax effects (0.7) (0.2) 1.8 4.9 5.8
Net current period other comprehensive income (loss) 39.3 (0.2) (16.0) (75.8) (52.7)
Balances, January 31, 2015 $ 42.8 $ 1.6 $ (23.7) $ (74.0) $ (53.3)
(1) For comparability, the presentation of prior period balances were adjusted to align with current year presentation.
Reclassifications related to gains and losses on available for sale securities are included in Interest and other (expense)
income, net. Refer to "Note 2: Financial Instruments" for the amount and location of reclassifications related to derivative
instruments. Reclassifications of the defined benefit pension components are included in the computation of net periodic benefit
cost. Refer to "Note 14: Retirement Benefit Plans."
12. Net Income Per Share
Basic net income per share is computed using the weighted average number of shares of common stock outstanding for
the period, excluding stock options and restricted stock units. Diluted net income per share is based upon the weighted average
number of shares of common stock outstanding for the period and potentially dilutive common shares, including the effect of
stock options and restricted stock units under the treasury stock method. The following table sets forth the computation of the
numerators and denominators used in the basic and diluted net income per share amounts:
Fiscal Year Ended January 31,
2015 2014 2013
Numerator:
Net income $ 81.8 $ 228.8 $ 247.4
Denominator:
Denominator for basic net income per share—weighted average shares 227.1 224.0 226.4
Effect of dilutive securities 5.3 5.6 5.3
Denominator for dilutive net income per share 232.4 229.6 231.7
Basic net income per share $ 0.36 $ 1.02 $ 1.09
Diluted net income per share $ 0.35 $ 1.00 $ 1.07
The computation of diluted net income per share does not include shares that are anti-dilutive under the treasury stock
method because their exercise prices are higher than the average market value of Autodesk’s stock during the fiscal year. For
the fiscal years ended January 31, 2015, 2014, and 2013, 0.1 million, 5.4 million, and 9.6 million potentially anti-dilutive
shares, respectively, were excluded from the computation of net income per share.
2015 Annual Report