Autodesk 2016 Annual Report Download - page 172

2016 Form 10-K 100
PSEB includes Autodesk’s design product, AutoCAD. Autodesk’s AutoCAD product is a platform product that underpins
the Company’s design product offerings for the industries it serves. For example, AEC and MFG offer tailored versions of
AutoCAD software for the industries they serve. Autodesk’s AutoCAD product also provides a platform for Autodesk’s
developer partners to build custom solutions for a range of diverse design-oriented markets. PSEB's revenue primarily includes
revenue from sales of AutoCAD and AutoCAD LT, the AutoCAD Design Suite, and many other design products, including
consumer design products, as well as from sales of licenses of other Autodesk's design products.
M&E consists of two product groups: Animation and Creative Finishing. Animation products, such as Autodesk Maya,
Autodesk 3ds Max, and the Autodesk Entertainment Creation Suites, are sold as software only and provide tools for digital
sculpting, modeling, animation, effects, rendering and compositing, for design visualization, visual effects, and games
production. M&E products are also included in a number of PSEB, AEC, and MFG focused suites. Creative Finishing products,
such as Autodesk Flame and Autodesk Lustre, provide editing, finishing, and visual effects design and color grading.
All of Autodesk’s reportable segments distribute their respective products primarily through authorized resellers and
distributors and, to a lesser extent, through direct sales to end-users.
The accounting policies of the reportable segments are the same as those described in Note 1, “Business and Summary of
Significant Accounting Policies.” Autodesk evaluates each segment’s performance on the basis of gross profit. Autodesk
currently does not separately accumulate and report asset information by segment, except for goodwill, which is disclosed in
Note 1, “Business and Summary of Significant Accounting Policies.”
Information concerning the operations of Autodesk’s reportable segments is as follows:
Fiscal year ended January 31,
2016 2015 2014
Net revenue:
Architecture, Engineering, and Construction $ 949.1 $ 872.6 $ 730.6
Manufacturing 724.6 675.6 579.4
Platform Solutions and Emerging Business 670.4 796.7 789.2
Media and Entertainment 160.0 167.3 174.7
$ 2,504.1 $ 2,512.2 $ 2,273.9
Gross profit:
Architecture, Engineering, and Construction $ 857.0 $ 785.8 $ 663.8
Manufacturing 638.1 604.0 531.5
Platform Solutions and Emerging Business 572.0 712.3 716.8
Media and Entertainment 127.1 127.3 137.8
Unallocated (1) (60.8) (59.3) (50.3)
$ 2,133.4 $ 2,170.1 $ 1,999.6
Depreciation, amortization and accretion:
Architecture, Engineering, and Construction $ 1.5 $ 1.3 $ 0.2
Manufacturing 1.3 3.0 0.9
Platform Solutions and Emerging Business 9.8 6.8 5.5
Media and Entertainment 0.2 0.3 0.2
Unallocated 133.0 134.5 122.1
$ 145.8 $ 145.9 $ 128.9
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(1) Unallocated amounts primarily relate to corporate expenses and other costs and expenses that are managed outside the reportable
segments, including stock-based compensation expense.
2016 Annual Report