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Income Tax
9 Months Ended
Oct. 31, 2020
Income Tax Disclosure [Abstract]  
Income Tax Income Tax
 Autodesk had income tax expense of $23.9 million, relative to pre-tax income of $156.1 million for the three months ended October 31, 2020, and income tax expense of $29.7 million, relative to pre-tax income of $96.4 million for the three months ended October 31, 2019. Autodesk had income tax expense of $78.7 million, relative to pre-tax income of $375.6 million for the nine months ended October 31, 2020, and income tax expense of $88.8 million, relative to pre-tax income of $171.5 million for the nine months ended October 31, 2019. Income tax expense for the three and nine months ended October 31, 2020, decreased as a result of the jurisdictional mix of year-to-date earnings relative to the worldwide annual effective tax rate.

Autodesk regularly assesses the need for a valuation allowance against its deferred tax assets. In making that assessment, Autodesk considers both positive and negative evidence related to the likelihood of realization of the deferred tax assets to determine, based on the weight of available evidence, whether it is more likely than not that some or all of the deferred tax assets will not be realized.

The Company anticipates a significant increase in U.S. taxable income in fiscal 2021 due to forecasted global earnings. We currently forecast the utilization of U.S. deferred tax assets to offset U.S. taxable income resulting from the inclusion of foreign earnings. While increased U.S. taxable income is considered positive evidence, the uncertainties around the global economy arising from COVID-19 and our cumulative losses outweigh that positive evidence. Accordingly, we have maintained the valuation allowance on our U.S. deferred tax assets.

As of October 31, 2020, the Company had $221.3 million of gross unrecognized tax benefits, of which $203.7 million would reduce our valuation allowance, if recognized. The remaining $17.7 million would impact the effective tax rate, if recognized. It is possible that the amount of unrecognized tax benefits will change in the next 12 months; however, an estimate of the range of the possible change cannot be made at this time.