Autodesk 2015 Annual Report Download - page 191

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2015 Form 10-K 99
16. Selected Quarterly Financial Information (Unaudited)
Summarized quarterly financial information for fiscal 2015 and 2014 is as follows:
2015 1st quarter 2nd quarter 3rd quarter 4th quarter Fiscal year
Net revenue $ 592.5 $ 637.1 $ 618.0 $ 664.6 $ 2,512.2
Gross profit 513.8 549.2 532.0 575.1 2,170.1
Income from operations 42.2 49.9 14.6 14.0 120.7
Provision for income taxes (7.3) (11.6) (0.9) 18.6 (1.2)
Net income 28.3 31.3 10.7 11.5 81.8
Basic net income per share $ 0.12 $ 0.14 $ 0.05 $ 0.05 $ 0.36
Diluted net income per share $ 0.12 $ 0.13 $ 0.05 $ 0.05 $ 0.35
Income from operations includes the
following items:
Stock-based compensation expense $ 33.6 $ 39.8 $ 43.1 $ 49.1 $ 165.6
Amortization of acquisition related
intangibles 23.9 24.6 22.6 21.9 93.0
Restructuring charges, net 2.3 0.8 3.1
2014 1st quarter 2nd quarter 3rd quarter 4th quarter Fiscal year
Net revenue $ 570.4 $ 561.7 $ 555.2 $ 586.6 $ 2,273.9
Gross profit 502.9 493.9 488.1 514.7 1,999.6
Income from operations 81.4 83.6 68.1 51.7 284.8
Provision for income taxes (17.0) (20.1) (11.6) (2.4) (51.1)
Net income 55.6 61.7 57.6 53.9 228.8
Basic net income per share $ 0.25 $ 0.28 $ 0.26 $ 0.24 $ 1.02
Diluted net income per share $ 0.24 $ 0.27 $ 0.25 $ 0.23 $ 1.00
Income from operations includes the
following items:
Stock-based compensation expense $ 33.5 $ 31.0 $ 31.6 $ 36.1 $ 132.2
Amortization of acquisition related
intangibles 21.6 20.3 18.2 20.6 80.7
Restructuring charges, net 0.4 1.7 4.4 6.3 12.8
2015 Annual Report