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10-Q Filing

AUTODESK, INC. CIK: 769397 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0000769397-17-000031
Period End Date 20170430
Filing Date 20170531
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance adsk-04302017x10q_htm.xml
Filing Contents
Balance Sheet 60 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.22B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.35B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.21B USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $1.34B USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $471.10M USD Point-in-time
Marketable securities MarketableSecuritiesCurrent $686.80M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $231.50M USD Point-in-time
Accounts receivable, net AccountsReceivableNetCurrent $452.30M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $96.90M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $108.40M USD Point-in-time
Total current assets AssetsCurrent $2.14B USD Point-in-time
Total current assets AssetsCurrent $2.46B USD Point-in-time
Marketable securities MarketableSecuritiesNoncurrent $306.20M USD Point-in-time
Marketable securities MarketableSecuritiesNoncurrent $264.40M USD Point-in-time
Computer equipment, software, furniture and leasehold improvements, net PropertyPlantAndEquipmentNet $150.40M USD Point-in-time
Computer equipment, software, furniture and leasehold improvements, net PropertyPlantAndEquipmentNet $158.60M USD Point-in-time
Developed technologies, net IntangibleAssetsNetExcludingGoodwill $41.10M USD Point-in-time
Developed technologies, net IntangibleAssetsNetExcludingGoodwill $45.70M USD Point-in-time
Goodwill Goodwill $1.57B USD Point-in-time
Goodwill Goodwill $1.56B USD Point-in-time
Deferred income taxes, net DeferredTaxAssetsNetNoncurrent $63.90M USD Point-in-time
Deferred income taxes, net DeferredTaxAssetsNetNoncurrent $64.00M USD Point-in-time
Other assets OtherAssetsNoncurrent $201.10M USD Point-in-time
Other assets OtherAssetsNoncurrent $202.00M USD Point-in-time
Total assets Assets $4.43B USD Point-in-time
Total assets Assets $4.80B USD Point-in-time
Accounts payable AccountsPayableCurrent $93.40M USD Point-in-time
Accounts payable AccountsPayableCurrent $93.50M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $132.80M USD Point-in-time
Accrued compensation EmployeeRelatedLiabilitiesCurrent $238.20M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $50.00M USD Point-in-time
Accrued income taxes AccruedIncomeTaxesCurrent $23.20M USD Point-in-time
Deferred revenue DeferredRevenueCurrent $1.29B USD Point-in-time
Deferred revenue DeferredRevenueCurrent $1.27B USD Point-in-time
Current portion of long-term notes payable, net NotesPayableCurrent $399.10M USD Point-in-time
Current portion of long-term notes payable, net NotesPayableCurrent $398.70M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $109.60M USD Point-in-time
Other accrued liabilities OtherAccruedLiabilitiesCurrent $134.90M USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.19B USD Point-in-time
Total current liabilities LiabilitiesCurrent $2.05B USD Point-in-time
Long-term deferred revenue DeferredRevenueNoncurrent $517.90M USD Point-in-time
Long-term deferred revenue DeferredRevenueNoncurrent $510.00M USD Point-in-time
Long-term income taxes payable AccruedIncomeTaxesNoncurrent $32.10M USD Point-in-time
Long-term income taxes payable AccruedIncomeTaxesNoncurrent $39.30M USD Point-in-time
Long-term deferred income taxes DeferredTaxLiabilitiesNoncurrent $91.70M USD Point-in-time
Long-term deferred income taxes DeferredTaxLiabilitiesNoncurrent $91.50M USD Point-in-time
Long-term notes payable, net LongTermNotesPayable $1.09B USD Point-in-time
Long-term notes payable, net LongTermNotesPayable $1.09B USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $138.40M USD Point-in-time
Other liabilities OtherLiabilitiesNoncurrent $147.50M USD Point-in-time
Common stock and additional paid-in capital CommonStocksIncludingAdditionalPaidInCapital $1.88B USD Point-in-time
Common stock and additional paid-in capital CommonStocksIncludingAdditionalPaidInCapital $1.90B USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-178.50M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-166.30M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-964.20M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-1.22B USD Point-in-time
Total stockholders equity StockholdersEquity $508.10M USD Point-in-time
Total stockholders equity StockholdersEquity $733.60M USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $4.80B USD Point-in-time
Total liabilities and stockholders' equity LiabilitiesAndStockholdersEquity $4.43B USD Point-in-time
Income Statement 50 line items
Line Item Tag Value Unit Period
Maintenance MaintenanceRevenue $284.40M USD 1 Quarter
Maintenance MaintenanceRevenue $263.60M USD 1 Quarter
Subscription SubscriptionRevenue $173.40M USD 1 Quarter
Subscription SubscriptionRevenue $85.50M USD 1 Quarter
Total maintenance and subscription revenue TotalMaintenanceandSubscriptionRevenue $369.90M USD 1 Quarter
Total maintenance and subscription revenue TotalMaintenanceandSubscriptionRevenue $437.00M USD 1 Quarter
License and other LicenseAndServicesRevenue $48.70M USD 1 Quarter
License and other LicenseAndServicesRevenue $142.00M USD 1 Quarter
Total net revenue SalesRevenueNet $485.70M USD 1 Quarter
Total net revenue SalesRevenueNet $511.90M USD 1 Quarter
Cost of maintenance and subscription revenue CostofGoodsSoldSubscriptionandMaintenance $46.60M USD 1 Quarter
Cost of maintenance and subscription revenue CostofGoodsSoldSubscriptionandMaintenance $54.90M USD 1 Quarter
Cost of license and other revenue LicenseCosts $18.60M USD 1 Quarter
Cost of license and other revenue LicenseCosts $34.90M USD 1 Quarter
Amortization of developed technology CostOfGoodsSoldAmortization $4.70M USD 1 Quarter
Amortization of developed technology CostOfGoodsSoldAmortization $10.90M USD 1 Quarter
Total cost of revenue CostOfRevenue $92.40M USD 1 Quarter
Total cost of revenue CostOfRevenue $78.20M USD 1 Quarter
Gross profit GrossProfit $419.50M USD 1 Quarter
Gross profit GrossProfit $407.50M USD 1 Quarter
Marketing and sales SellingAndMarketingExpense $240.80M USD 1 Quarter
Marketing and sales SellingAndMarketingExpense $255.70M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $193.50M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $187.70M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $74.70M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $78.30M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $5.70M USD 1 Quarter
Amortization of purchased intangibles AmortizationOfIntangibleAssets $7.90M USD 1 Quarter
Restructuring (benefits) charges and other facility exit costs, net RestructuringChargesNetofAdjustments $52.30M USD 1 Quarter
Restructuring (benefits) charges and other facility exit costs, net RestructuringChargesNetofAdjustments $-300.00K USD 1 Quarter
Total operating expenses OperatingExpenses $527.10M USD 1 Quarter
Total operating expenses OperatingExpenses $569.20M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-149.70M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-119.60M USD 1 Quarter
Interest and other expense, net InterestIncomeExpenseNet $-1.80M USD 1 Quarter
Interest and other expense, net InterestIncomeExpenseNet $-3.60M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-121.40M USD 1 Quarter
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments $-153.30M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $14.40M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $8.20M USD 1 Quarter
Net loss NetIncomeLoss $-129.60M USD 1 Quarter
Net loss NetIncomeLoss $-167.70M USD 1 Quarter
Basic net loss per share (in usd per share) EarningsPerShareBasic $-0.59 USD 1 Quarter
Basic net loss per share (in usd per share) EarningsPerShareBasic $-0.75 USD 1 Quarter
Diluted net loss per share (in usd per share) EarningsPerShareDiluted $-0.75 USD 1 Quarter
Diluted net loss per share (in usd per share) EarningsPerShareDiluted $-0.59 USD 1 Quarter
Weighted average shares used in computing basic net loss per share (shares) WeightedAverageNumberOfSharesOutstandingBasic 224.40M shares 1 Quarter
Weighted average shares used in computing basic net loss per share (shares) WeightedAverageNumberOfSharesOutstandingBasic 219.90M shares 1 Quarter
Weighted average shares used in computing diluted net loss per share (shares) WeightedAverageNumberOfDilutedSharesOutstanding 224.40M shares 1 Quarter
Weighted average shares used in computing diluted net loss per share (shares) WeightedAverageNumberOfDilutedSharesOutstanding 219.90M shares 1 Quarter
Cash Flow Statement 58 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-129.60M USD 1 Quarter
Net loss NetIncomeLoss $-167.70M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAndAmortization $28.40M USD 1 Quarter
Depreciation, amortization and accretion DepreciationAndAmortization $37.40M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $66.80M USD 1 Quarter
Stock-based compensation expense ShareBasedCompensation $51.60M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $-6.20M USD 1 Quarter
Deferred income taxes IncreaseDecreaseInDeferredIncomeTaxes $400.00K USD 1 Quarter
Restructuring (benefits) charges and other facility exit costs, net RestructuringCosts $52.30M USD 1 Quarter
Restructuring (benefits) charges and other facility exit costs, net RestructuringCosts $-300.00K USD 1 Quarter
Other operating activities OtherOperatingActivitiesCashFlowStatement $8.30M USD 1 Quarter
Other operating activities OtherOperatingActivitiesCashFlowStatement $7.30M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-397.40M USD 1 Quarter
Accounts receivable IncreaseDecreaseInAccountsReceivable $-220.90M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-6.20M USD 1 Quarter
Prepaid expenses and other current assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $14.90M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-80.70M USD 1 Quarter
Accounts payable and accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-133.10M USD 1 Quarter
Deferred revenue IncreaseDecreaseInAccruedIncomeTaxesPayable $4.10M USD 1 Quarter
Deferred revenue IncreaseDecreaseInAccruedIncomeTaxesPayable $13.30M USD 1 Quarter
Accrued income taxes IncreaseDecreaseInOperatingCapital $34.30M USD 1 Quarter
Accrued income taxes IncreaseDecreaseInOperatingCapital $129.60M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $164.40M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $45.20M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $119.40M USD 1 Quarter
Purchases of marketable securities PaymentsToAcquireMarketableSecurities $577.50M USD 1 Quarter
Sales of marketable securities ProceedsFromSaleOfAvailableForSaleSecurities $100.00M USD 1 Quarter
Sales of marketable securities ProceedsFromSaleOfAvailableForSaleSecurities $107.60M USD 1 Quarter
Maturities of marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $282.60M USD 1 Quarter
Maturities of marketable securities ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $322.60M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $8.60M USD 1 Quarter
Capital expenditures PaymentsToAcquirePropertyPlantAndEquipment $22.30M USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $59.60M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $-3.90M USD 1 Quarter
Other investing activities PaymentsForProceedsFromOtherInvestingActivities $1.00M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-230.20M USD 1 Quarter
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $258.50M USD 1 Quarter
Proceeds from issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $51.20M USD 1 Quarter
Proceeds from issuance of common stock, net of issuance costs ProceedsFromIssuanceOfCommonStock $50.10M USD 1 Quarter
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $33.00M USD 1 Quarter
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $18.30M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $100.10M USD 1 Quarter
Repurchases of common stock PaymentsForRepurchaseOfCommonStock $195.90M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-67.20M USD 1 Quarter
Net cash used in financing activities NetCashProvidedByUsedInFinancingActivities $-178.80M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $3.40M USD 1 Quarter
Effect of exchange rate changes on cash and cash equivalents EffectOfExchangeRateOnCashAndCashEquivalents $2.20M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-129.60M USD 1 Quarter
Net increase (decrease) in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $127.10M USD 1 Quarter
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.22B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.35B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.21B USD Point-in-time
Cash and cash equivalents at beginning of period CashAndCashEquivalentsAtCarryingValue $1.34B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.22B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.35B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.21B USD Point-in-time
Cash and cash equivalents at end of period CashAndCashEquivalentsAtCarryingValue $1.34B USD Point-in-time
Comprehensive Income 20 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-129.60M USD 1 Quarter
Net loss NetIncomeLoss $-167.70M USD 1 Quarter
Net (loss) on derivative instruments, tax effect OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $-1.90M USD 1 Quarter
Net (loss) on derivative instruments, tax effect OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax $500.00K USD 1 Quarter
Change in net unrealized gain (loss) on available-for-sale securities, tax effect OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $500.00K USD 1 Quarter
Change in net unrealized gain (loss) on available-for-sale securities, tax effect OtherComprehensiveIncomeLossAvailableForSaleSecuritiesTax $300.00K USD 1 Quarter
Net loss on derivative instruments (net of tax effect of $0.5 and ($1.9), respectively) OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-9.50M USD 1 Quarter
Net change in cumulative foreign currency translation loss, tax effect OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax - USD 1 Quarter
Net loss on derivative instruments (net of tax effect of $0.5 and ($1.9), respectively) OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent $-1.40M USD 1 Quarter
Net change in cumulative foreign currency translation loss, tax effect OtherComprehensiveIncomeForeignCurrencyTranslationGainLossArisingDuringPeriodTax $-300.00K USD 1 Quarter
Change in net unrealized gain on available-for-sale securities (net of tax effect of ($0.3) and ($0.5), respectively) OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $2.30M USD 1 Quarter
Change in net unrealized gain on available-for-sale securities (net of tax effect of ($0.3) and ($0.5), respectively) OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $700.00K USD 1 Quarter
Change in defined benefit pension items (1) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $500.00K USD 1 Quarter
Change in defined benefit pension items (1) OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax $-300.00K USD 1 Quarter
Net change in cumulative foreign currency translation gain (net of tax effect of ($0.3) and $0.0, respectively) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $6.50M USD 1 Quarter
Net change in cumulative foreign currency translation gain (net of tax effect of ($0.3) and $0.0, respectively) OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent $13.40M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $12.20M USD 1 Quarter
Total other comprehensive income (loss) OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-400.00K USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTax $-168.10M USD 1 Quarter
Total comprehensive loss ComprehensiveIncomeNetOfTax $-117.40M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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