Stock-based Compensation Expense (Tables)

6 Months Ended

Jul. 31, 2013

Stock Based Compensation Expense [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity for the six months ended July 31, 2013 is as follows:

	Number of Shares		Weighted average exercise price per share		Weighted average remaining contractual term	Aggregate Intrinsic Value (3)
	(in millions)				(in years)	(in millions)
Options outstanding at January 31, 2013	19.0		$	32.69
Granted (1)	—		—
Exercised	(2.7	)	23.05
Canceled	(3.4	)	44.53
Options outstanding at July 31, 2013	12.9		$	31.53	4.2	$	81.4
Options vested and exercisable at July 31, 2013	10.7		$	30.14	3.6	$	77.9
Options vested as of July 31, 2013 and expected to vest thereafter (2)	12.9		$	31.50	4.2	$	81.3
Options available for grant at July 31, 2013	15.1

 _______________

(1) Autodesk did not grant stock options in the six months ended July 31, 2013.

(2) Options expected to vest reflect an estimated forfeiture rate.

(3) Represents the total pre-tax intrinsic value, based on Autodesk’s closing stock price of $35.39 per share as of July 31, 2013, which would have been received by the option holders had all option holders exercised their options as of that date.

Intrinsic Value of Options Exercised and Weighted Average Grant Date Fair Value of Stock Options Granted [Table Text Block]

The following table summarizes information about the pre-tax intrinsic value of options exercised, and the weighted average grant date fair value per share of options granted, during the three and six months ended July 31, 2013 and 2012.

	Three Months Ended				Six Months Ended
	July 31, 2013		July 31, 2012		July 31, 2013		July 31, 2012
Pre-tax intrinsic value of options exercised (1)	$	10.0	$	5.6	$	42.8	$	65.9

 _______________

(1) The intrinsic value of options exercised is calculated as the difference between the exercise price of the option and the market value of the stock on the date of exercise.

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]

The following table summarizes information about options outstanding and exercisable at July 31, 2013:

	Options Vested and Exercisable						Options Outstanding
	Number of Shares (in millions)	Weighted average contractual life (in years)	Weighted average exercise price		Aggregate intrinsic value (1) (in millions)		Number of Shares (in millions)	Weighted average contractual life (in years)	Weighted average exercise price		Aggregate intrinsic value (1) (in millions)
Range of per-share exercise prices:
$2.28 - $19.55	2.6		$	14.94			2.6		$	14.94
$20.12 - $29.49	2.3		28.63				2.7		28.67
$29.50 - $34.53	2.4		31.78				2.7		31.64
$34.70 - $38.55	0.6		37.04				0.7		36.95
$41.62 - $49.80	2.8		42.78				4.2		42.54
	10.7	3.6	$	30.14	$	77.9	12.9	4.2	$	31.53	$	81.4

 _______________

(1) Represents the total pre-tax intrinsic value, based on Autodesk’s closing stock price of $35.39 per share as of July 31, 2013, which would have been received by the option holders had all option holders exercised their options as of that date.

Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity [Table Text Block]

A summary of restricted stock unit activity for the six months ended July 31, 2013 is as follows:

	Unreleased Restricted Stock Units		Weighted average grant date fair value per share
	(in thousands)
Unreleased restricted stock units at January 31, 2013	5,020.8		$	33.89
Granted	1,216.5		41.40
Released	(1,409.8	)	34.19
Canceled	(282.8	)	37.85
Performance Adjustment (1)	(14.0	)	35.94
Unreleased restricted stock units at July 31, 2013	4,530.7		$	36.98

 _______________

(1) Based on Autodesk financial results for the performance period, the fiscal 2013 performance stock units were earned at 92.3% of the target award. The fiscal 2013 performance stock units will pay out at 92.3% percent of the target award; however, the vesting of the performance stock units is subject to the holders satisfying the remaining service condition of the awards.

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table summarizes stock-based compensation expense for the three and six months ended July 31, 2013 and 2012, respectively, as follows:

	Three Months Ended July 31, 2013			Three Months Ended July 31, 2012
Cost of license and other revenue	$	0.9		$	0.8
Cost of subscription	0.5			0.4
Marketing and sales	14.0			16.1
Research and development	10.2			10.4
General and administrative	5.5			5.8
Stock-based compensation expense related to stock awards and ESP Plan purchases	31.1			33.5
Tax benefit	(8.1		)	(7.3		)
Stock-based compensation expense related to stock awards and ESP Plan purchases, net of tax	$	23.0		$	26.2
	Six Months Ended July 31, 2013			Six Months Ended July 31, 2012
Cost of license and other revenue	$	1.8		$	1.7
Cost of subscription	1.1			0.8
Marketing and sales	28.1			30.7
Research and development	21.1			21.5
General and administrative	12.5			12.2
Stock-based compensation expense related to stock awards and ESP Plan purchases	64.6			66.9
Tax benefit	(17.4		)	(16.0		)
Stock-based compensation expense related to stock awards and ESP Plan purchases, net of tax	$	47.2		$	50.9

Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

Autodesk uses the following assumptions to estimate the fair value of stock-based awards:

	Three Months Ended July 31, 2013		Three Months Ended July 31, 2012
	Performance Stock Unit (1)	ESP Plan (2)	Stock Option (3)	ESP Plan (2)
Range of expected volatilities	N/A	N/A	41 - 43%	N/A
Range of expected lives (in years)	N/A	N/A	3.6 - 4.6	N/A
Expected dividends	N/A	N/A	—%	N/A
Range of risk-free interest rates	N/A	N/A	0.5 - 0.6%	N/A
Expected forfeitures	N/A	N/A	7.7%	N/A
	Six Months Ended July 31, 2013		Six Months Ended July 31, 2012
	Performance Stock Unit (1)	ESP Plan	Stock Option (3)	ESP Plan
Range of expected volatilities	34%	27 - 36%	41 - 45%	41 - 43%
Range of expected lives (in years)	N/A	0.5 - 2.0	3.6 - 4.6	0.5 - 2.0
Expected dividends	—%	—%	—%	—%
Range of risk-free interest rates	0.1%	0.1 - 0.3%	0.5 - 0.8%	0.1 - 0.3%
Expected forfeitures	7.2 - 7.7%	7.2 - 7.7%	7.7 - 7.8%	7.7 - 7.8%

 _______________

(1) Autodesk did not grant PSUs in the three and six months ended July 31, 2012 that were subject to market conditions. In addition, Autodesk did not grant PSUs in the three months ended July 31, 2013 that were subject to market conditions.

(2) Autodesk did not grant shares under the ESP Plan in the three months ended July 31, 2013 and 2012.

(3) Autodesk did not grant stock options in the three and six months ended July 31, 2013.