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Segments
12 Months Ended
Jan. 31, 2012
Segments
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 Company’s reportable segments. Autodesk has four reportable segments: Platform Solutions and Emerging Business (“PSEB”), Architecture, Engineering and Construction (“AEC”), Manufacturing (“MFG”) and Media and Entertainment (“M&E”). 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. Our M&E 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 includes Autodesk’s design product, AutoCAD. Autodesk’s AutoCAD product is a platform product that underpins the Company’s design product offerings for the industries it serves. For example, AEC and MFG offer tailored versions of AutoCAD software for the industries they serve. Autodesk’s AutoCAD product also provides a platform for Autodesk’s developer partners to build custom solutions for a range of diverse design-oriented markets. PSEB’s revenue primarily includes revenue from sales of licenses of Autodesk’s design products, AutoCAD and AutoCAD LT, as well as the Autodesk Design Suite and many other design products.
AEC software products help to improve the way building, civil infrastructure, process plant and construction projects are designed, built and managed. A broad portfolio of solutions enables greater efficiency, accuracy and sustainability across the entire project lifecycle. Autodesk AEC solutions include advanced technology for building information modeling (“BIM”), AutoCAD-based design and documentation productivity software, sustainable design analysis applications, and collaborative project management solutions. BIM, an integrated process for building and infrastructure design, analysis, documentation and construction, uses consistent, coordination information to improve communication and collaboration between the extended project team. AEC provides a comprehensive portfolio of BIM solutions that help customers deliver projects faster and more economically, while minimizing environmental impact. AEC’s revenue primarily includes revenue from the sales of licenses of Autodesk Revit family suites, AutoCAD Civil 3D, AutoCAD Architecture and AutoCAD Map 3D products.
MFG provides the manufacturers in automotive and transportation, industrial machinery, consumer products and building products with comprehensive digital prototyping solutions that brings together design data from all phases of the product development process to develop a single digital model created in Autodesk Inventor software. Autodesk’s solutions for digital prototyping enable a broad group of manufacturers to realize benefits with minimal disruption to existing workflows. MFG’s revenue primarily includes revenue from the sales of licenses of Autodesk Inventor family suites, AutoCAD Mechanical and Autodesk Moldflow products.
M&E is comprised of two product groups: Animation, including design visualization, and Creative Finishing. Animation products, such as Autodesk 3ds Max, Autodesk Maya and the Autodesk Entertainment Creation Suite, provide tools for digital sculpting, modeling, animation, effects, rendering and compositing, for design visualization, visual effects and games production. Creative Finishing products provide editing, finishing and visual effects design and color grading.
All of Autodesk’s reportable segments distribute their respective products primarily through authorized resellers and distributors and, to a lesser extent, through direct sales to end-users.
The accounting policies of the reportable segments are the same as those described in Note 1, “Business and Summary of Significant Accounting Policies.” Autodesk evaluates each segment’s performance on the basis of gross profit. Autodesk currently does not separately accumulate and report asset information by segment, except for goodwill, which is disclosed in Note 1, “Business and Summary of Significant Accounting Policies.”







Information concerning the operations of Autodesk’s reportable segments is as follows:
 
Fiscal year ended January 31,
 
2012
 
2011
 
2010
Net revenue:
 
 
 
 
 
Platform Solutions and Emerging Business
$
833.1

 
$
716.2

 
$
624.0

Architecture, Engineering and Construction
626.4

 
568.0

 
513.3

Manufacturing
540.3

 
470.0

 
386.9

Media and Entertainment
215.8

 
197.6

 
189.1

Other(1)

 

 
0.4

 
$
2,215.6

 
$
1,951.8

 
$
1,713.7

Gross profit:
 
 
 
 
 
Platform Solutions and Emerging Business
$
788.0

 
$
678.9

 
$
589.7

Architecture, Engineering and Construction
569.7

 
517.6

 
465.2

Manufacturing
496.1

 
439.5

 
358.4

Media and Entertainment
174.6

 
153.9

 
144.4

Unallocated(2)
(41.9
)
 
(34.7
)
 
(35.8
)
 
$
1,986.5

 
$
1,755.2

 
$
1,521.9

Depreciation and amortization:
 
 
 
 
 
Platform Solutions and Emerging Business
$
1.8

 
$
3.0

 
$
3.1

Architecture, Engineering and Construction
0.7

 
1.6

 
1.8

Manufacturing
1.7

 
2.3

 
2.5

Media and Entertainment
0.5

 
1.1

 
1.8

Unallocated
110.8

 
97.4

 
102.3

 
$
115.5

 
$
105.4

 
$
111.5

____________________
(1)
Other primarily consisted of revenue from Autodesk’s Location Services division, which Autodesk disposed of in February 2009.
(2)
Unallocated amounts primarily relate to corporate expenses and other costs and expenses that are managed outside the reportable segments, including stock-based compensation expense.
Information regarding Autodesk’s operations by geographic area is as follows:
 
Fiscal year ended January 31,
 
2012
 
2011
 
2010
Net revenue:
 
 
 
 
 
Americas
 
 
 
 
 
U.S.
$
631.0

 
$
561.6

 
$
527.5

Other Americas
167.5

 
139.9

 
126.9

Total Americas
798.5

 
701.5

 
654.4

Europe, Middle East and Africa
862.2

 
782.8

 
671.1

Asia Pacific
 
 
 
 
 
Japan
240.5

 
200.6

 
171.1

Other Asia Pacific
314.4

 
266.9

 
217.1

Total Asia Pacific
554.9

 
467.5

 
388.2

Total net revenue
$
2,215.6

 
$
1,951.8

 
$
1,713.7


 
January 31,
 
2012
 
2011
Long-lived assets(1):
 
 
 
Americas
 
 
 
U.S.
$
792.5

 
$
571.2

Other Americas
39.2

 
65.6

Total Americas
831.7

 
636.8

Europe, Middle East and Africa
 
 
 
Switzerland
37.7

 
42.8

Other Europe, Middle East and Africa
83.4

 
68.5

Total Europe, Middle East and Africa
121.1

 
111.3

Asia Pacific
50.5

 
41.9

Total long-lived assets
$
1,003.3

 
$
790.0

____________________
(1)
Long-lived assets exclude investments in subsidiaries, deferred tax assets and marketable securities.