Autodesk (ADSK) 10-Q 8 Dec 09 2010 Q3 Quarterly report Financial data

Statement Of Income

Statement Of Income (USD $)
In Millions, except Per Share data	3 Months Ended Oct. 31, 2009	3 Months Ended Oct. 31, 2008	9 Months Ended Oct. 31, 2009	9 Months Ended Oct. 31, 2008
Net revenue:
License and other	236.1	$421	710.7	1293.4
Maintenance	180.8	186.1	546.9	532
Total net revenue	416.9	607.1	1257.6	1825.4
Cost of revenue:
Cost of license and other revenue	42	50.5	138.6	164.1
Cost of maintenance revenue	3	2.4	8.8	6.5
Total cost of revenue	45	52.9	147.4	170.6
Gross profit	371.9	554.2	1110.2	1654.8
Operating expenses:
Marketing and sales	180.3	227	540.6	682.7
Research and development	109.3	137	340.7	437.4
General and administrative	51.1	50.6	150.6	156.4
Restructuring charges	4.9	0	47.8	0
Impairment of goodwill	0	0	21	0
Total operating expenses	345.6	414.6	1100.7	1276.5
Income from operations	26.3	139.6	9.5	378.3
Interest and other income (expense), net	5.7	-3.4	16.5	9.9
Income before income taxes	32	136.2	26	388.2
Provision for income taxes	-2.5	-31.7	-18.1	-99.2
Net income	29.5	104.5	7.9	$289
Basic net income per share	0.13	0.46	0.03	1.28
Diluted net income per share	0.13	0.45	0.03	1.25
Shares used in computing basic net income per share	229.6	225.3	228.5	225.2
Shares used in computing diluted net income per share	232.9	230.4	231.1	231.2

Statement Of Financial Position

Statement Of Financial Position Classified (USD $)
In Millions	9 Months Ended Oct. 31, 2009	9 Months Ended Jan. 31, 2009
Current assets:
Cash and cash equivalents	698.5	917.6
Marketable securities	263.1	63.5
Accounts receivable, net	215.7	316.5
Deferred income taxes	49.8	31.1
Prepaid expenses and other current assets	60	59.3
Total current assets	1287.1	1,388
Marketable securities	92	7.6
Computer equipment, software, furniture and leasehold improvements, net	111.9	120.6
Purchased technologies, net	88.9	113.3
Goodwill	530.5	542.5
Long term deferred income taxes, net	92.7	125.7
Other assets	112.3	123
Assets, Total	2315.4	2420.7
Current liabilities:
Accounts payable	60	62.4
Accrued compensation	98.9	124.3
Accrued income taxes	9.8	16.7
Deferred revenue	401.2	438.8
Borrowings under line of credit	0	52.1
Other accrued liabilities	57.4	105.8
Total current liabilities	627.3	800.1
Deferred revenue	68.3	113.3
Long term income taxes payable	123.2	116.9
Long term deferred income taxes	0	22.7
Other liabilities	64.9	57
Commitments and contingencies	-	-
Stockholders' equity:
Preferred stock	0	0
Common stock and additional paid-in capital	1194.2	1080.4
Accumulated other comprehensive income (loss)	3.7	-11.2
Retained earnings	233.8	241.5
Total stockholders' equity	1431.7	1310.7
Liabilities and Stockholders' Equity, Total	2315.4	2420.7

Statement Of Cash Flows Indirec

Statement Of Cash Flows Indirect (USD $)
In Millions	9 Months Ended Oct. 31, 2009	9 Months Ended Oct. 31, 2008
Operating Activities
Net income	7.9	$289
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	84.4	64.5
Stock-based compensation expense	74.7	70.9
Restructuring charges, net	47.8	0
Impairment of goodwill	21	0
Gain on disposition of assets	-2.3	0
Charge for acquired in-process research and development	0	18
Changes in operating assets and liabilities, net of business combinations	-112.3	65.1
Net cash provided by operating activities	121.2	507.5
Investing Activities
Purchases of marketable securities	-409.9	-111.2
Sales of marketable securities	8.1	5.2
Maturities of marketable securities	126.5	0
Capital expenditures	-30.2	-59.1
Purchase of equity investment	(10)	0
Business combinations, net of cash acquired	-3.6	-297.3
Net cash used in investing activities	-319.1	-462.4
Financing Activities
Draws on line of credit	2.2	800
Repayments of line of credit	-54.3	(796)
Proceeds from issuance of common stock, net of issuance costs	67.5	89.1
Repurchases of common stock	-39.4	-256.6
Net cash used in financing activities	(24)	-163.5
Effect of exchange rate changes on cash and cash equivalents	2.8	-3.1
Net decrease in cash and cash equivalents	-219.1	-121.5
Cash and cash equivalents at beginning of fiscal year	917.6	917.9
Cash and cash equivalents at end of period	698.5	796.4

1.Basis of Presentation

1.Basis of Presentation
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
1.Basis of Presentation	1. Basis of Presentation The accompanying unaudited Condensed Consolidated Financial Statements of Autodesk, Inc. (Autodesk or the Company) as of October31, 2009, and for the three and nine months ended October31, 2009, have been prepared in accordance with accounting principles generally accepted in the U.S. for interim financial information along with the instructions to Form 10-Q and Article 10 of Securities and Exchange Commission (SEC) Regulation S-X. Accordingly, they do not include all of the information and notes required by generally accepted accounting principles (GAAP) for annual financial statements. In managements opinion, Autodesk has made all adjustments (consisting of normal, recurring and non-recurring adjustments) during the quarter that were considered necessary for the fair presentation of the financial position and operating results of the Company. The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect reported amounts in the financial statements and accompanying notes. These estimates are based on information available as of the date of the unaudited Condensed Consolidated Financial Statements. Actual results could differ from those estimates. In addition, the results of operations for the three months and nine ended October31, 2009 are not necessarily indicative of the results for the entire fiscal year ending January31, 2010, or for any other period. These unaudited Condensed Consolidated Financial Statements should be read in conjunction with the Consolidated Financial Statements and related notes, together with managements discussion and analysis of financial position and results of operations contained in Autodesks Annual Report on Form 10-K for the fiscal year ended January31, 2009 (the 2009 Form 10-K) filed on March20, 2009. Autodesk has evaluated, and disclosed as appropriate, subsequent events through December8, 2009, which represents the date the financial statements were issued. Reclassifications Minor reclassifications to segment revenue and gross profit have been made to prior period amounts to conform to the current presentation. See Note 18, Segments for additional information regarding these reclassifications.

2.Recently Issued Accounting St

2.Recently Issued Accounting Standards
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
2.Recently Issued Accounting Standards	2. Recently Issued Accounting Standards With the exception of those discussed below, there have been no recent accounting pronouncements or changes in accounting pronouncements during the nine months ended October31, 2009, as compared to the accounting pronouncements described in Autodesks Annual Report on Form10-K for the fiscal year ended January31, 2009, that are of significance, or potential significance, to the Company. In June 2009, the FASB issued The FASB Accounting Standards Codification and the Hierarchy of Generally Accepted Accounting Principles. This statement, which became effective on July1, 2009, establishes the Accounting Standards Codification (ASC) as the source of authoritative GAAP recognized by the FASB to be applied by nongovernmental entities, and is codified in ASC Topic 105, Generally Accepted Accounting Principles. The ASC does not change GAAP, but instead reorganizes the U.S. GAAP pronouncements into accounting Topics. As the ASC did not change GAAP, the adoption of ASC Topic 105 did not have a material effect on Autodesks consolidated financial position, results of operations or cash flows. Previous references to applicable GAAP literature in Autodesks disclosures are updated with references to the new ASC section in the Companys Form 10-Q for the quarter ended October31, 2009. In June 2009, the FASB issued SFAS 166, Accounting for Transfers of Financial Assets-an amendment of FASB Statement No.140 and SFAS 167, Amendments to FASB Interpretation No.46(R), which update accounting for securitizations and special-purpose entities. SFAS 166 eliminates the concept of a qualifying special-purpose entity, changes the requirements for derecognizing financial assets and requires additional disclosures. SFAS 167 amends the evaluation criteria to identify the primary beneficiary of a variable interest entity provided by FASB Interpretation No.46(R), Consolidation of Variable Interest EntitiesAn Interpretation of ARB No.51. This statement also amends the consolidation guidance applicable to variable interest entities. Additionally, SFAS 167 requires ongoing reassessments of whether an enterprise is the primary beneficiary of the variable interest entity. These statements will be effective for Autodesks fiscal year beginning February1, 2010. Autodesk does not believe that the adoption of SFAS 166 or 167 will have a material effect on its consolidated financial position, results of operations and cash flows. In August 2009, the FASB issued Accounting Standards Update (ASU) 2009-05 regarding ASC Topic 820, Fair Value Measurements and Disclosures. This ASU provides guidance on how to measure liabilities at fair value within the scope of ASC Topic 820. This Update provides clarification that in circumstances in which a quoted price in an active market for the identical liability is not available, a reporting entity is required to measure fair value using one or more of the following techniques: 1) A valuation technique that uses: a. The quoted price of the identical liability when traded as an asset, or b. Quoted prices for similar liabilities or similar liabilities when traded as assets, or 2) Another valuation

3.Concentration of Credit Risks

3.Concentration of Credit Risks and Significant Customers
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
3.Concentration of Credit Risks and Significant Customers	3. Concentration of Credit Risks and Significant Customers It is Autodesks policy that its cash, cash equivalents and marketable securities are held with, and in the custody of, financial institutions with high credit standing. Autodesks cash and cash equivalents are held by diversified institutions globally. Autodesks primary commercial banking relationship is with Citibank and its global affiliates (Citibank). In addition, Citicorp USA, Inc., an affiliate of Citibank, is the lead lender and agent in the syndicate of the Companys $250.0 million U.S. line of credit. It is Autodesks policy to limit the amounts invested with any one institution by type of security and issuer. Total sales to the distributors Tech Data Corporation and its global affiliates (Tech Data) accounted for 14% of Autodesks consolidated net revenue for the three months ended October31, 2009 and 2008. Sales to Tech Data represented 13% and 15% of Autodesks consolidated net revenue for the nine months ended October31, 2009 and 2008, respectively. The majority of the net revenue from sales to Tech Data relates to Autodesks Platform Solutions and Emerging Business segment and comes from outside the U.S. In addition, Tech Data accounted for 15% and 12% of gross accounts receivable at October31, 2009 and January31, 2009, respectively.

4.Financial Instruments and Hed

4.Financial Instruments and Hedging Activities
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
4.Financial Instruments and Hedging Activities	4. Financial Instruments and Hedging Activities Financial Instruments Market values were determined for each individual security in the investment portfolio. The cost and fair value of Autodesks financial instruments were as follows: October31, 2009 January31, 2009 Cost FairValue Cost FairValue Cash and cash equivalents $ 698.5 $ 698.5 $ 917.6 $ 917.6 Marketable securities - short-term 271.5 263.1 68.0 63.5 Marketable securities - long-term 92.6 92.0 9.0 7.6 Foreign currency forward and option contracts 0.6 (0.6 ) 2.4 2.1 Autodesk classifies its marketable securities as either short-term or long-term based on each instruments underlying contractual maturity date. Marketable securities with maturities of less than 12 months are classified as short-term and marketable securities with maturities greater than 12 months are classified as long-term. Autodesk may sell certain of its marketable securities prior to their stated maturities for strategic purposes and in anticipation of credit deterioration Marketable securities include the following securities at October31, 2009 and January31, 2009: October31, 2009 Cost Gross unrealized gains Gross unrealized losses Estimated Fair Value Short-term available-for-sale securities: Commercial paper and corporate securities $ 88.2 $ 0.1 $ $ 88.3 U.S. treasury securities 54.0 54.0 Certificates of deposit and time deposits 37.4 37.4 U.S. government agency securities 24.1 24.1 Money market funds 22.3 (4.5 ) 17.8 Sovereign debt 10.0 10.0 Municipal securities 2.7 2.7 Available-for-sale equity securities 1.9 1.9 Short-term trading securities: Mutual funds 30.9 0.1 (4.1 ) 26.9 $ 271.5 $ 0.2 $ (8.6 ) $ 263.1 Long-term available-for-sale securities: Commercial paper and corporate securities 72.3 $ 0.7 $ $ 73.0 Taxable auction-rate securities 9.0 (1.4 ) 7.6 U.S. government agency securities 4.6 4.6 Municipal securities 4.6 0.1 4.7 U.S. treasury securities 2.1 2.1 $ 92.6 $ 0.8 $ (1.4 ) $ 92.0 January 31, 2009 Cost Gross unrealized gains Gross unrealized losses Estimated FairValue Short-term available-for-sale securities: Mutual funds $ 57.7 $ $ (4.5 ) $ 53.2 Bank time deposits 10.3 10.3 $ 68.0 $ $ (4.5 ) $ 63.5 Long-term available-for-sale securities: Taxable auction-rate securities $ 9.0 $ $ (1.4 ) $ 7.6 $

5.Fair Value Measurements

5.Fair Value Measurements
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
5.Fair Value Measurements	5. Fair Value Measurements Fair value is an exit price, representing the amount that would be received upon the sale of an asset, or the amount paid to transfer a liability in an orderly transaction between market participants.As such, fair value is a market-based measurement that should be determined based on assumptions that market participants would use in pricing an asset or liability.As a basis for considering such assumptions, Autodesk uses a three-tier value hierarchy, which prioritizes the inputs used in measuring fair value as follows: (Level 1) observable inputs such as quoted prices in active markets; (Level 2) inputs other than the quoted prices in active markets that are observable either directly or indirectly in active markets; and (Level 3) unobservable inputs in which there is little or no market data, which requires Autodesk to develop its own assumptions. Whenever possible, Autodesk uses observable market data, and relies on unobservable inputs only when observable market data is not available, when determining fair value. On a recurring basis, Autodesk measures at fair value certain financial assets and liabilities, which consist of cash equivalents, marketable securities and foreign currency contracts. The Companys investments held in the Reserve Funds are designated as Level 3 securities. The Company conducted its fair value assessment of the Reserve Funds using Level 2 and Level 3 inputs. Management has reviewed the Reserve Funds underlying securities portfolio, which is substantially comprised of term deposits, money market funds, U.S. treasury bills and commercial paper. These securities are issued by highly-rated institutions.Normally, the Company would classify such investments within Level 2 of the fair value hierarchy. Management evaluated the fair value of its unit interest in the Reserve Funds, considering risk of collection, timing and other factors. These assumptions are inherently subjective and involve significant management judgment. As a result, the Company has classified its holdings in the Reserve Funds within Level 3 of the fair value hierarchy. Autodesks investments in auction rate securities are classified within Level3 because they are valued using a pricing model, and some of the inputs to this model are unobservable in the market. Assets and Liabilities Measured at Fair Value on a Recurring Basis The following table summarizes Autodesks investments and financial instruments measured at fair value on a recurring basis as of October31, 2009: FairValueMeasurementsatOctober31,2009Using QuotedPrices in Active Markets for IdenticalAssets Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total Assets Cash equivalents(1): Commercial paper $ $ 279.5 $ $ 279.5 Certificates of deposit and time deposits 19.1 210.7 229.8 Money market funds 9.4 9.4 Municipal securities 0.7 0.7 Marketable securities: Commercial paper and corporate securities 81.3

6.Stock-Based Compensation

6.Stock-Based Compensation
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
6.Stock-Based Compensation	6. Stock-Based Compensation Stock Plans As of October31, 2009, Autodesk maintained two active stock plans for the purpose of granting stock awards to employees and to non-employee members of Autodesks Board of Directors: the 2008 Employee Stock Plan (2008 Plan), which is available only to employees, and the 2000 Directors Option Plan, as amended (2000 Plan), which is available only to non-employee directors. Additionally, there are six expired or terminated plans with options outstanding. The 2008 Plan was approved by Autodesks stockholders in November 2007. Under this plan, 16.5million shares of Autodesk common stock, in addition to 0.5million shares that remained available for issuance under the 2006 Employee Stock Plan upon its expiration in March 2008, were reserved for issuance. The 2008 Plan permits the grant of stock options, restricted stock awards and restricted stock units; however, no more than 2.5million of the shares reserved for issuance under the 2008 Plan may be issued pursuant to awards of restricted stock and restricted stock units. At October31, 2009, 7.3million shares were available for future issuance under the 2008 Plan. The 2008 Plan will expire in March 2011. The 2000 Plan, which was originally approved by the stockholders in June 2000, allows for an automatic annual grant of options to non-employee members of Autodesks Board of Directors. At October31, 2009, 0.6million shares were available for future issuance. The 2000 Plan will expire in March 2010. On June11, 2009, Autodesks stockholders approved the 2010 Outside Directors Stock Plan (2010 Plan), which will become effective March16, 2010. The 2010 Plan reserves 2.5million shares of Autodesk common stock, plus up to 0.5million shares available but not previously granted under the 2000 Plan. The 2010 Plan permits the grant of stock options and restricted stock awards to non-employee members of Autodesks Board of Directors. The 2010 Plan will expire in March 2020. Options granted under the 2008 Plan and the 2000 Plan vest over periods ranging from one to four years and expire within four to seven years from the date of grant. The exercise price of all stock options granted under these plans was equal to the fair market value of the stock on the grant date. The following sections, Stock Options and Restricted Stock, summarize activity under Autodesks stock plans. Stock Options: A summary of stock option activity for the nine months ended October31, 2009 was as follows: Number of Shares Weighted averageprice per share (inthousands) Options outstanding at January31, 2009 26,818 $ 30.13 Granted 6,696 $ 15.11 Exercised (1,818 ) $ 12.34 Forfeited (1,038 ) $ 34.55 Expired (1,180 ) Options outstanding at October31, 2009 29,478 $ 27.49 Options exercisable at October31, 2009 17,093 $ 29.15 Options available for grant at October31, 2009 7,946 The total pre-tax intrinsic value of options exercised during the three months ended October31, 2009 and 2008 was $2.9million and $13.9 m

7.Income Taxes

7.Income Taxes
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
7.Income Taxes	7. Income Taxes Autodesks effective tax rate was 8% during the three months ended October31, 2009, and 70% during the nine months ended October31, 2009, compared to 23% and 26% in the respective periods of the prior fiscal year. Autodesks effective tax rate decreased 15 percentage points during the three months ended October31, 2009, as compared to the same period in the prior fiscal year, primarily due to a discrete tax benefit related to additional stock-based compensation expense recorded during the three months ended October31, 2009 related to the correction of an error described in Note6, Stock-Based Compensation. Autodesks effective tax rate increased 44 percentage points during the nine months ended October31, 2009 as compared to the same period in the prior fiscal year as a result of a $20.9 million discrete non-cash tax charge from recording a valuation allowance against California deferred tax assets offset by a discrete tax benefit of $7.7 million associated with the impairment of goodwill recorded during the first quarter of fiscal 2010, the tax impact of non-deductible in-process research and development expenses recorded during the second quarter of fiscal 2009, and a discrete tax benefit of $4.4 million related to the stock-based compensation expense adjustment recorded during the third quarter of fiscal 2010. Excluding the impact of discrete tax items, the effective tax rates for the three and nine month periods ended October31, 2009 were lower than the Federal statutory tax rate of 35% primarily due to foreign income taxed at lower rates and Federal and state research tax credits partially offset by the tax impact of stock-based compensation expense. During the first quarter of fiscal 2010, the State of California enacted significant California tax law changes. As a result of the enacted legislation, the Company expects that in fiscal years 2012 and beyond the Companysincome subject to tax in California will be less than under prior tax law and accordinglyits California deferred tax assets are less likely to be realized. During the first quarter of fiscal 2010, the Company recorded a net discrete tax charge of $20.9 million related to the re-measurement of the Companys California deferred tax assets to account for this change in tax law, as well as an increase in the valuation allowance for the Companys California deferred tax assets that existed as of January31, 2009. The Company will continue to assessthe valuation allowance onits California deferred tax assets in future periods. The amount of unrecognized tax benefits was determined in accordance with ASC 740-10, Income Taxes.As of October31, 2009, the Company had $192.0 million of gross unrecognized tax benefits, excluding interest, of which approximately $178.6 million represents the amount of unrecognized tax benefits that would impact the effective tax rate, if recognized. The remaining $13.4 million relates to items that would result in balance sheet reclassification only, with no impact to income tax expense. It is possible that the amount of unrecognized tax benefits will change in the next twelve months; however an estimate of the range of the possi

8.Restructuring Reserve

8.Restructuring Reserve
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
8.Restructuring Reserve	8. Restructuring Reserve In the fourth quarter of fiscal 2009, Autodesk initiated a restructuring program in order to reduce operating costs. This program reduced the number of employees by approximately 700 positions globally and resulted in the consolidation of approximately 27 leased facilities (Fiscal 2009 Plan). In the second quarter of fiscal 2010, Autodesk initiated an additional restructuring program, which resulted in a staff reduction of approximately 430 positions globally and resulted in the consolidation of approximately 32 leased facilities around the world in order to reduce Autodesks operating expenses (Fiscal 2010 Plan). In connection with these restructuring plans, Autodesk recorded restructuring and impairment charges of $4.9 million and $47.8 million during the three and nine months ended October31, 2009, respectively. Of these amounts, $3.5 million and $24.2 million were recorded for one-time employee termination benefits and other costs during the three and nine months ended October31, 2009, respectively, and $1.4 million and $23.5 million were recorded for facilities-related costs during the three and nine months ended October31, 2009, respectively. The remainder of the termination benefits will substantially be paid during the fourth quarter of fiscal 2010. Autodesk expects to pay the facility related liabilities through fiscal 2018. The following table summarizes the restructuring activity recorded in the Condensed Consolidated Balance Sheets during the nine months ended October31, 2009: Balance at January31,2009 Additions Payments Adjustments(1) Balance at October31,2009 Fiscal 2010 Plan Employee Severance and Benefits $ $ 19.8 $ (15.1 ) $ (0.8 ) $ 3.9 Facilities and Other 9.7 (2.2 ) (0.1 ) 7.4 Fiscal 2009 Plan Employee Severance and Benefits 35.4 5.8 (37.3 ) (2.3 ) 1.6 Facilities and Other 2.8 12.0 (4.9 ) (0.1 ) 9.8 Other Employee Severance and Benefits 0.9 (0.5 ) (0.4 ) Facilities and Other 4.8 (1.5 ) (0.8 ) 2.5 $ 43.9 $ 47.3 $ (61.5 ) $ (4.5 ) $ 25.2 Current portion(2) $ 38.4 $ 15.6 Non-current portion(2) 5.5 9.6 $ 43.9 $ 25.2 (1) Adjustments include the impact of foreign currency translation. (2) The current and non-current portion of the reserve is recorded in the Condensed Consolidated Balance Sheet under Other accrued liabilities and Other liabilities, respectively. If Autodesks revenue should further decline or not begin to grow, the Company may further reduce its operating expenses to align them with its financial condition, including the possibility of a further restructuring. In taking these actions, Autodesk may incur additional costs that could negatively impa

9.Deferred Compensation

9.Deferred Compensation
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
9.Deferred Compensation	9. Deferred Compensation At October31, 2009, Autodesk had marketable securities totaling $355.1 million, of which $26.9 million related to investments in debt and equity securities that are held in a rabbi trust under non-qualified deferred compensation plans. The total related deferred compensation liability was $26.9 million at October31, 2009, of which $1.8 million was classified as current and $25.1 million was classified as non-current liabilities. The value of debt and equity securities held in the rabbi trust at January31, 2009 was $19.9 million. The total related deferred compensation liability at January31, 2009 was $19.9 million, of which $1.2 million was classified as current and $18.7 million was classified as non-current liabilities. The current and non-current portions of the liability are recorded in the Condensed Consolidated Balance Sheets under Accrued compensation and Other liabilities, respectively.

10.Computer Equipment, Software

10.Computer Equipment, Software, Furniture and Leasehold Improvements, Net
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
10.Computer Equipment, Software, Furniture and Leasehold Improvements, Net	10. Computer Equipment, Software, Furniture and Leasehold Improvements, Net Computer software and hardware, leasehold improvements, furniture and equipment and the related accumulated depreciation were as follows: October31, 2009 January31, 2009 Computer software, at cost $ 127.1 $ 135.0 Computer hardware, at cost 109.3 103.1 Leasehold improvements, land and buildings, at cost 111.2 115.0 Furniture and equipment, at cost 43.3 41.6 390.9 394.7 Less: Accumulated depreciation (279.0 ) (274.1 ) Computer software, hardware, leasehold improvements, furniture and equipment, net $ 111.9 $ 120.6

11.Purchased Technologies, Net

11.Purchased Technologies, Net
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
11.Purchased Technologies, Net	11. Purchased Technologies, Net Purchased technologies and the related accumulated amortization were as follows: October31, 2009 January31, 2009 Purchased technologies $ 326.3 $ 302.4 Less: Accumulated amortization (237.4 ) (189.1 ) Purchased technologies, net $ 88.9 $ 113.3

12.Goodwill

12.Goodwill
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
12.Goodwill	12. Goodwill The changes in the carrying amount of goodwill during the nine months ended October31, 2009 were as follows: Platform Solutionsand Emerging Business Architecture, Engineeringand Construction Manufacturing Media and Entertainment Total Balance as of January31, 2009 $ 36.3 $ 209.4 $ 275.8 $ 21.0 $ 542.5 Transfer of assets between segments (10.1 ) 10.1 Impairment (21.0 ) (21.0 ) Addition arising from acquisition 3.0 3.0 Effect of foreign currency translation, purchase accounting adjustments and other 3.7 2.3 6.0 Balance as of October31, 2009 $ 26.2 $ 226.2 $ 278.1 $ $ 530.5 Autodesk recorded an impairment charge of $21.0 million during the first quarter of fiscal 2010, representing the entire goodwill balance of the Media and Entertainment (ME) segment as of April30, 2009. This goodwill balance related to the ME segments fourth quarter fiscal 2009 acquisition of substantially all of the assets of Softimage. In May 2009, the Company concluded that an impairment of goodwill had occurred as of April30, 2009 due to revisions to the Companys revenue and cash flow projections prepared in the second half of the first quarter of fiscal 2010 in response to the significant and sustained revenue declines it was experiencing in all segments and geographies in the first quarter of fiscal 2010. The revenue and cash flow projections were substantially impacted for all segments; the ME segment was the only segment that had a current fair value of its future discounted cash flows that fell below the carrying value of its assets. When assessing goodwill for impairment, Autodesk uses discounted cash flow models that include assumptions regarding projected cash flows (Income Approach) and corroborates it with the estimated consideration that the Company would receive if there were to be a sale of the reporting segment (Market Approach). Variances in these assumptions could have a significant impact on Autodesks conclusion as to whether goodwill is impaired, or the amount of any impairment charge. Impairment charges, if any, result from instances where the fair values of net assets associated with goodwill are less than their carrying values. The process of evaluating the potential impairment of goodwill is subjective and requires significant judgment at many points during the analysis. The value of Autodesks goodwill could also be impacted by future adverse changes such as: (i)declines in Autodesks actual operating results, (ii)a sustained decline in Autodesks market capitalization, (iii)further significant slowdown in the worldwide economy or the industries Autodesk serves, or (iv)changes in Autodesks business strategy or internal operating results forecasts. As of October31, 2009, a hypothetical 10% decrease in the fair value of Autodesks reporting units would not have an impact on the carrying value of goodwill nor result in additional impairment of goodwill

13.Borrowing Arrangements

13.Borrowing Arrangements
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
13.Borrowing Arrangements	13. Borrowing Arrangements Autodesks U.S. line of credit facility permits unsecured short-term borrowings of up to $250.0 million and is available for working capital or other business needs. The credit agreement contains customary covenants, which could restrict liens, certain types of additional debt and dispositions of assets if Autodesk fails to maintain its financial covenants. The line of credit is syndicated with various financial institutions, including Citicorp USA, Inc., a Citibank affiliate, which is the lead lender and agent. Autodesk had no outstanding borrowings on this line at October31, 2009. This facility expires in August 2012. Autodesks China line of credit facility permits unsecured short-term borrowings of up to $5.0 million and is available for working capital needs. At October31, 2009, Autodesk had no outstanding borrowings on this line of credit, which contains customary covenants. This facility has no contractual expiration. The weighted average interest rate on Autodesks line of credit facilities was 1.01% at January31, 2009. Autodesk had no borrowings outstanding on its lines of credit at October31, 2009.

14.Commitments and Contingencie

14.Commitments and Contingencies
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
14.Commitments and Contingencies	14. Commitments and Contingencies Guarantees and Indemnifications In the normal course of business, Autodesk provides indemnifications of varying scopes, including limited product warranties and indemnification of customers against claims of intellectual property infringement made by third parties arising from the use of Autodesks products or services. Autodesk accrues for known indemnification issues if a loss is probable and can be reasonably estimated. Historically, costs related to these indemnifications have not been significant, but because potential future costs are highly variable, Autodesk is unable to estimate the maximum potential effect of these indemnifications on its future results of operations. In connection with the purchase, sale or license transactions of assets or businesses with third parties, Autodesk has received or assumed customary indemnification agreements related to the assets or businesses purchased, sold or licensed. Historically, costs related to indemnifications or guarantees assumed have not been significant, but because potential future costs are highly variable, Autodesk is unable to estimate the maximum potential effect of these indemnifications on its future results of operations. As permitted under Delaware law, Autodesk has agreements whereby it indemnifies its officers and directors for certain events or occurrences while the officer or director is, or was, serving at Autodesks request in such capacity. The maximum potential amount of future payments Autodesk could be required to make under these indemnification agreements is unlimited; however, Autodesk has Directors and Officers Liability insurance coverage that is intended to reduce its financial exposure and may enable Autodesk to recover a portion of any future amounts paid. Autodesk believes the estimated fair value of these indemnification agreements in excess of applicable insurance coverage is not significant. Legal Proceedings Autodesk is involved in legal proceedings from time to time arising from the normal course of business activities including claims of alleged infringement of intellectual property rights, commercial, employment, piracy prosecution and other matters. In the Companys opinion, resolution of pending matters is not expected to have a material adverse impact on its consolidated results of operations, cash flows or its financial position. However, it is possible that an unfavorable resolution of one or more such proceedings could in the future materially affect its future results of operations, cash flows or financial position in a particular period.

15.Stock Repurchase Program

15.Stock Repurchase Program
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
15.Stock Repurchase Program	15. Stock Repurchase Program Autodesk has a stock repurchase program that helps offset the dilution to net income per share caused by the issuance of stock under the Companys employee stock plans and returns excess cash generated from its business to stockholders. During the quarter ended October31, 2009, Autodesk repurchased 1.7million shares of its common stock on the open market at an average repurchase price of $23.56 per share and subsequently retired those shares. Common stock and additional paid-in capital and retained earnings were reduced by $23.8 million and $15.6 million, respectively, during the quarter ended October31, 2009, as a result of the stock repurchases. As of October31, 2009, 14.5million shares remained available for repurchase under this program. The number of shares acquired and the timing of the purchases are based on several factors, including anticipated employee stock purchases during the period, the level of the Companys cash balances, general business and market conditions, the market price of Autodesk stock, cash on hand and available in the U.S., Company-defined trading windows and other investment opportunities.

16.Comprehensive Income

16.Comprehensive Income
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
16.Comprehensive Income	16. Comprehensive Income The changes in the components of other comprehensive income (loss), net of taxes, were as follows: ThreemonthsendedOctober31, NinemonthsendedOctober31, 2009 2008 2009 2008 Net income $ 29.5 $ 104.5 $ 7.9 $ 289.0 Other comprehensive income (loss): Net gain (loss) on derivative instruments, net of taxes (2.4 ) 11.5 (6.3 ) 11.5 Change in net unrealized gain (loss) on available-for-sale securities, net of tax benefit 0.9 1.1 (0.1 ) Net change in cumulative foreign currency translation gain (loss) 6.6 (37.5 ) 20.1 (31.3 ) Other comprehensive income (loss) 5.1 (26.0 ) 14.9 (19.9 ) Total comprehensive income $ 34.6 $ 78.5 $ 22.8 $ 269.1 During the three and nine months ended October31, 2009, Autodesk entered into foreign currency instruments to hedge its exposure to foreign currency exchange. These hedges resulted in $2.4 million and $6.3 million of other comprehensive loss during the three and nine months ended October31, 2009, respectively. See Note 4, Financial Instruments and Hedging Activities, for further information regarding Autodesks foreign currency instruments.

17.Net Income Per Share

17.Net Income Per Share
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
17.Net Income Per Share	17. 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, including restricted stock awards and excluding unvested stock options and restricted stock units. Diluted net income per share is based upon the weighted average shares of common stock outstanding for the period and dilutive potential common shares, including the effect of unvested 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: Threemonthsended October31, Ninemonthsended October31, 2009 2008 2009 2008 Numerator: Net income $ 29.5 $ 104.5 $ 7.9 $ 289.0 Denominator: Denominator for basic net income per shareweighted average shares 229.6 225.3 228.5 225.2 Effect of dilutive securities 3.3 5.1 2.6 6.0 Denominator for dilutive net income per share 232.9 230.4 231.1 231.2 Basic net income per share $ 0.13 $ 0.46 $ 0.03 $ 1.28 Diluted net income per share $ 0.13 $ 0.45 $ 0.03 $ 1.25 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 Autodesks stock during the period. For the three months ended October31, 2009 and 2008, 17.6million and 17.1million potentially dilutive shares, respectively, were excluded from the computation of diluted net income per share. For the nine months ended October31, 2009 and 2008, 22.3million and 15.6million potentially dilutive shares, respectively, were excluded from the computation of diluted net income per share.

18.Segments

18.Segments
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
18.Segments	18. Segments Autodesk reports segment information based on the management approach. The management approach designates the internal reporting used by management for making decisions and assessing performance as the source of the Companys reportable segments. Autodesk has four reportable segments: Platform Solutions and Emerging Business (PSEB), Architecture, Engineering and Construction (AEC), Manufacturing (MFG) and Media and Entertainment (ME). Location Services, which Autodesk disposed of in February 2009, is not included in any of the above reportable segments, and is reflected as Other. Autodesk has no material inter-segment revenue. The PSEB, AEC and MFG segments derive revenue from the sale of licenses for software products and services to customers who design, build, manage or own building, manufacturing and infrastructure projects. The ME segment derives revenue from the sale of products to creative professionals, post-production facilities, and broadcasters for a variety of applications, including feature films, television programs, commercials, music and corporate videos, interactive game production, web design and interactive web streaming. PSEB, consisting of Autodesks core platform, its AutoCAD product, underpins the Companys design offerings for all industries. Autodesks AutoCAD product provides a platform for Autodesks developer partners to build custom solutions for a range of diverse design-oriented markets and for AEC and MFG to offer tailored versions of AutoCAD for their markets. PSEBs revenue primarily includes revenue from sales of licenses of Autodesks 2D horizontal products, AutoCAD and AutoCAD LT. AEC solutions enable customers and their clients to reduce inefficiencies in building design, civil engineering, and construction. AEC solutions also support information needs across the project lifecycle. The segments solutions include advanced technology for building information modeling (BIM), AutoCAD-based design and documentation productivity software, and collaborative project management software. BIM, a paradigm for building and civil engineering design, documentation and construction, enables users to exchange and analyze complex design and construction information in digital form and through its use enables users to design and construct more environmentally sustainable or green projects through analysis of land use, drainage patterns, materials, quantities, energy use, and lighting in a virtual model. AEC also includes technology developed specifically for Geospatial and Process and Power design markets. AECs revenue primarily includes revenue from the sales of licenses of Autodesk Revit, AutoCAD Civil 3D and AutoCAD Architecture products. MFG provides the manufacturing industry with comprehensive design, data management and digital prototyping solutions, enabling customers to rapidly adopt 3D model-based design, create and validate designs in simple 2D or 3D environments, and manage designs from the conceptual design phase through the manufacturing phase. MFGs revenue primarily includes revenue from the sales of licenses of Autodesk Inventor, AutoCAD Mechanical and Autodesk Moldflow products

19.Subsequent Events

19.Subsequent Events
	9 Months Ended Oct. 31, 2009 USD / shares
Notes to Financial Statements [Abstract]
19.Subsequent Events	19. Subsequent Events In addition to the subsequent events discussed previously, the following events occurred subsequent to October 31, 2009 and prior to December 8, 2009, which represents the date the financial statements were issued. On November2, 2009, Autodesk completed the acquisition of all the outstanding shares of PlanPlatform Ltd. (PlanPlatform) for approximately $19.7 million cash. PlanPlatform develops software services and solutions for the engineering and manufacturing sectors. PlanPlatform will be integrated into Autodesks PSEB segment.

Document Information

Document Information
	9 Months Ended Oct. 31, 2009 USD / shares
Document Information [Text Block]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	2009-10-31

Entity Information

Entity Information (USD $)
	9 Months Ended Oct. 31, 2009	Nov. 30, 2009
Entity [Text Block]
Trading Symbol	ADSK
Entity Registrant Name	AUTODESK INC
Entity Central Index Key	0000769397
Current Fiscal Year End Date	--01-31
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		229,719,532