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About Autodesk
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© 2021 Autodesk, Inc. All rights reserved.
Autodesk, Inc. |
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Condensed Consolidated Statements of Operations |
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(In millions, except per share data) |
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| Three Months Ended January 31, |
| Fiscal Year Ended January 31, | ||||||||||||
| 2021 |
| 2020 |
| 2021 |
| 2020 | ||||||||
| (Unaudited) | ||||||||||||||
Net revenue: |
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Subscription | $ | 950.3 |
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| $ | 777.4 |
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| $ | 3,478.9 |
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| $ | 2,751.9 |
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Maintenance | 30.2 |
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| 79.9 |
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| 183.3 |
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| 386.6 |
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Total subscription and maintenance revenue | 980.5 |
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| 857.3 |
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| 3,662.2 |
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| 3,138.5 |
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Other | 58.7 |
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| 42.0 |
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| 128.2 |
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| 135.8 |
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Total net revenue | 1,039.2 |
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| 899.3 |
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| 3,790.4 |
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| 3,274.3 |
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Cost of revenue: |
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Cost of subscription and maintenance revenue | 65.5 |
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| 57.0 |
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| 242.1 |
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| 223.9 |
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Cost of other revenue | 16.6 |
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| 17.9 |
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| 64.1 |
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| 66.5 |
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Amortization of developed technologies | 8.5 |
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| 8.3 |
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| 30.9 |
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| 34.5 |
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Total cost of revenue | 90.6 |
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| 83.2 |
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| 337.1 |
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| 324.9 |
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Gross profit | 948.6 |
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| 816.1 |
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| 3,453.3 |
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| 2,949.4 |
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Operating expenses: |
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Marketing and sales | 388.8 |
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| 349.5 |
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| 1,440.3 |
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| 1,310.3 |
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Research and development | 249.6 |
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| 217.1 |
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| 932.5 |
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| 851.1 |
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General and administrative | 117.1 |
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| 106.0 |
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| 413.9 |
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| 405.6 |
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Amortization of purchased intangibles | 8.7 |
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| 9.7 |
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| 37.5 |
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| 38.9 |
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Restructuring and other exit costs, net | — |
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| — |
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| — |
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| 0.5 |
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Total operating expenses | 764.2 |
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| 682.3 |
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| 2,824.2 |
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| 2,606.4 |
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Income from operations | 184.4 |
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| 133.8 |
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| 629.1 |
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| 343.0 |
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Interest and other expense, net | (13.3) |
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| (10.5) |
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| (82.4) |
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| (48.2) |
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Income before income taxes | 171.1 |
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| 123.3 |
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| 546.7 |
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| 294.8 |
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Benefit (provision) for income taxes | 740.2 |
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| 8.5 |
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| 661.5 |
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| (80.3) |
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Net income | $ | 911.3 |
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| $ | 131.8 |
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| $ | 1,208.2 |
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| $ | 214.5 |
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Basic net income per share | $ | 4.15 |
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| $ | 0.60 |
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| $ | 5.51 |
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| $ | 0.98 |
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Diluted net income per share | $ | 4.10 |
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| $ | 0.59 |
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| $ | 5.44 |
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| $ | 0.96 |
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Weighted average shares used in computing basic net income per share | 219.7 |
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| 220.0 |
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| 219.4 |
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| 219.7 |
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Weighted average shares used in computing diluted net income per share | 222.5 |
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| 222.5 |
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| 222.1 |
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| 222.5 |
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