Autodesk 2016 Annual Report Download - page 87

2016 Form 10-K 15
Constant currency growth rates—We attempt to represent the changes in the underlying business operations by
eliminating fluctuations caused by changes in foreign currency exchange rates as well as eliminating hedge gains or losses
recorded within the current and comparative periods. Our constant currency methodology removes all hedging gains and losses
from the calculation.
Flagship—Autodesk flagship products are our core design products. Flagship includes the following products: 3ds Max,
AutoCAD, AutoCAD LT, AutoCAD vertical products (such as AutoCAD Architecture and Mechanical), Civil 3D, Inventor
products (individual), Map 3D, Maya, and Revit products (individual).
License and Other revenue—License and other revenue consists of two components: product license revenue and other
revenue. Product license revenue includes software license revenue from the sale of seat licenses, term-based licenses from our
desktop subscription and enterprise offerings, and product revenue for Creative Finishing. Other revenue includes revenue from
consulting, training, Autodesk Developers Network and Creative Finishing customer support, and is recognized over time, as
the services are performed.
Maintenance—Our maintenance program provides our customers with a cost effective and predictable budgetary option
to obtain the productivity benefits of our new releases and enhancements when and if released during the term of their
contracts. Under our maintenance program, customers are eligible to receive unspecified upgrades when and if available,
downloadable training courses and online support. We recognize maintenance revenue over the term of the agreements,
generally between one and three years.
New and Adjacent—Autodesk new and adjacent products include Autodesk's new product offerings as well as products
that are not included in flagship or suites. New and adjacent includes the following services and products: Autodesk Alias
Design products, Autodesk 360 products, Autodesk Consulting, Autodesk Simulation, Autodesk Simulation Multiphysics,
Autodesk Buzzsaw, Autodesk CF Design, Autodesk Constructware, Autodesk Consumer products, Autodesk Creative Finishing
products, Delcam products, Autodesk Moldflow products, Autodesk Navisworks, Autodesk Scaleform, Autodesk Vault
products, and all other products.
Product Innovation Platform—Represents a single connected ecosystem advancing the way products are designed, made,
and used. The Autodesk Product Innovation Platform enables companies to take advantage of the rapid changes taking place in
manufacturing.
Recurring Revenue—Represents the revenue for the period from our maintenance, desktop, cloud services and enterprise
license offerings, including portions of revenue allocated to license & other revenue for those offerings. It excludes revenue
from Autodesk Consulting Services, and subscription revenue related to education offerings, consumer product offerings, select
Creative Finishing product offerings, Autodesk Buzzsaw, Autodesk Constructware, and third party products. Recurring revenue
acquired with the acquisition of a business is captured and may cause variability in the comparison of this calculation.
Suites—Autodesk design suites are a combination of products that target a specific user objective (product design,
building design, etc.) and support a set of workflows for that objective. Our current design and creation suites include:
AutoCAD Design Suite, Autodesk Building Design Suite, Autodesk Entertainment Creation Suite, Autodesk Factory Design
Suite, Autodesk Infrastructure Design Suite, Autodesk Plant Design Suite, and Autodesk Product Design Suite.
Subscription revenue—Autodesk subscription revenue consists of three components: (1) maintenance revenue from our
software products; (2) maintenance revenue from our term-based desktop subscription and enterprise offerings; and (3) revenue
from our cloud service offerings.
Total Subscriptions—Consists of subscriptions from our maintenance, desktop, cloud service and enterprise license
offerings that are active and paid as of the quarter end date. For certain cloud-based and enterprise license offerings,
subscriptions represent the monthly average activity reported within the last three months of the quarter end date. Total
subscriptions do not include data from education offerings, consumer product offerings, select Creative Finishing product
offerings, Autodesk Buzzsaw, Autodesk Constructware, and third party products. Subscriptions acquired with the acquisition of
a business are captured once the data conforms to our subscription count methodology and when added, may cause variability
in the comparison of this calculation. New model subscriptions consist of desktop, cloud service and enterprise license
offerings, and subscriptions from Autodesk Shotgun product offerings. Maintenance subscriptions consist of maintenance
subscriptions and subscriptions from Autodesk Delcam product offerings.
2016 Annual Report