About Autodesk
Autodesk makes software for people who make things. If you’ve ever driven a high-performance car, admired a towering skyscraper, used a smartphone, or watched a great film, chances are you’ve experienced what millions of Autodesk customers are doing with our software. Autodesk gives you the power to make anything. For more information visit autodesk.com or follow @autodesk.
Autodesk, AutoCAD, AutoCAD LT, BIM 360 and Fusion 360 are registered trademarks of Autodesk, Inc., and/or its subsidiaries and/or affiliates in the USA and/or other countries. All other brand names, product names or trademarks belong to their respective holders. Autodesk reserves the right to alter product and service offerings, and specifications and pricing at any time without notice, and is not responsible for typographical or graphical errors that may appear in this document.
© 2016 Autodesk, Inc. All rights reserved.
| Autodesk, Inc. | ||||||||||||||||
| Condensed Consolidated Statements of Operations (1) | ||||||||||||||||
| (In millions, except per share data) | ||||||||||||||||
|
Three Months Ended
|
Nine Months Ended
|
|||||||||||||||
| 2016 | 2015 | 2016 | 2015 | |||||||||||||
| (Unaudited) | ||||||||||||||||
| Net revenue: | ||||||||||||||||
| Subscription | $ | 319.5 | $ | 318.9 | $ | 967.5 | $ | 957.7 | ||||||||
| License and other | 170.1 | 280.9 | 584.7 | 898.1 | ||||||||||||
| Total net revenue | 489.6 | 599.8 | 1,552.2 | 1,855.8 | ||||||||||||
| Cost of revenue: | ||||||||||||||||
| Cost of subscription revenue | 35.1 | 38.0 | 113.1 | 116.7 | ||||||||||||
| Cost of license and other revenue | 46.4 | 53.0 | 145.9 | 159.1 | ||||||||||||
| Total cost of revenue | 81.5 | 91.0 | 259.0 | 275.8 | ||||||||||||
| Gross profit | 408.1 | 508.8 | 1,293.2 | 1,580.0 | ||||||||||||
| Operating expenses: | ||||||||||||||||
| Marketing and sales | 255.0 | 243.4 | 738.9 | 738.1 | ||||||||||||
| Research and development | 192.6 | 197.9 | 579.1 | 585.5 | ||||||||||||
| General and administrative | 70.4 | 74.2 | 213.7 | 220.2 | ||||||||||||
| Amortization of purchased intangibles | 6.8 | 8.1 | 22.5 | 25.2 | ||||||||||||
| Restructuring charges and other facility exit costs, net | 3.2 | — | 71.5 | — | ||||||||||||
| Total operating expenses | 528.0 | 523.6 | 1,625.7 | 1,569.0 | ||||||||||||
| (Loss) income from operations | (119.9 | ) | (14.8 | ) | (332.5 | ) | 11.0 | |||||||||
| Interest and other expense, net | (9.4 | ) | (7.7 | ) | (23.1 | ) | (10.8 | ) | ||||||||
| (Loss) income before income taxes | (129.3 | ) | (22.5 | ) | (355.6 | ) | 0.2 | |||||||||
| Provision for income taxes | (13.5 | ) | (21.3 | ) | (53.1 | ) | (293.5 | ) | ||||||||
| Net loss | $ | (142.8 | ) | $ | (43.8 | ) | $ | (408.7 | ) | $ | (293.3 | ) | ||||
| Basic net loss per share | $ | (0.64 | ) | $ | (0.19 | ) | $ | (1.83 | ) | $ | (1.29 | ) | ||||
| Diluted net loss per share | $ | (0.64 | ) | $ | (0.19 | ) | $ | (1.83 | ) | $ | (1.29 | ) | ||||
| Weighted average shares used in computing basic net loss per share | 222.3 | 225.3 | 223.3 | 226.5 | ||||||||||||
| Weighted average shares used in computing diluted net loss per share | 222.3 | 225.3 | 223.3 | 226.5 | ||||||||||||
