Income Taxes (Tables)

12 Months Ended

Jan. 31, 2012

Provision for income taxes

The provision for income taxes consists of the following:

	Fiscal year ended January 31,
	2012			2011			2010
Federal:
Current	$	54.3		$	16.0		$	12.3
Deferred	(34.5		)	(8.2		)	(33.0		)
State:
Current	4.9			(1.5		)	3.0
Deferred	1.3			7.4			7.1
Foreign:
Current	55.9			48.4			34.1
Deferred	(4.3		)	(2.1		)	3.2
	$	77.6		$	60.0		$	26.7

Differences between the U.S. statutory rate and the aggregate income tax provision

The differences between the U.S. statutory rate and the aggregate income tax provision are as follows:

	Fiscal year ended January 31,
	2012			2011			2010
Income tax provision at U.S. Federal statutory rate	$	127.0		$	95.2		$	29.7
State income tax expense (benefit), net of the U.S. Federal benefit	2.8			1.4			(0.6		)
Foreign income taxed at rates different from the U.S. statutory rate	(61.5		)	(39.7		)	(22.7		)
U.S. valuation allowance	1.7			2.8			14.9
Non-deductible stock-based compensation	12.8			7.9			11.7
Research and development tax credit benefit	(6.0		)	(5.6		)	(4.7		)
Tax benefit from closure of income tax audits and decreases in uncertain tax positions	(0.4		)	(2.8		)	(2.5		)
Officer compensation in excess of $1.0 million	1.9			0.5			0.3
Goodwill impairment	—			—			—
Non-deductible in-process research and development charge	—			—			—
Other	(0.7		)	0.3			0.6
	$	77.6		$	60.0		$	26.7

Components of Deferred Tax Assets and Liabilities

Significant components of Autodesk’s deferred tax assets and liabilities are as follows:

	January 31,
	2012			2011
Nonqualified stock options	$	71.6		$	69.0
Research and development tax credit carryforwards	49.3			64.0
Foreign tax credit carryforwards	0.1			16.6
Accrued compensation and benefits	35.6			33.7
Other accruals not currently deductible for tax	31.1			20.8
Purchased technology and capitalized software	20.6			25.3
Fixed assets	15.9			15.1
Tax loss carryforwards	12.4			6.3
Other	3.7			2.6
Total deferred tax assets	240.3			253.4
Less: valuation allowance	(47.5		)	(42.9		)
Net deferred tax assets	192.8			210.5
Tax method change on advanced payments	(6.3		)	(9.4		)
Unremitted earnings of foreign subsidiaries	(20.6		)	(53.6		)
Total deferred tax liability	(26.9		)	(63.0		)
Net deferred tax assets	$	165.9		$	147.5

Unrecognized Tax Benefits Reconciliation, Table

A reconciliation of the beginning and ending amount of the gross unrecognized tax benefits is as follows:

	2012			2011			2010
Gross unrecognized tax benefits at the beginning of the fiscal year	$	188.4		$	178.2		$	169.4
Increases for tax positions of prior years	0.4			2.0			3.1
Decreases for tax positions of prior years	(0.4		)	(3.5		)	(1.9		)
Increases for tax positions related to the current year	14.3			13.9			11.1
Decreases for lapse of statute of limitations/audit settlements	(1.6		)	(2.2		)	(3.5		)
Gross unrecognized tax benefits at the end of the fiscal year	$	201.1		$	188.4		$	178.2