Deferred Compensation

9 Months Ended

Oct. 31, 2020

Deferred Compensation Arrangements [Abstract]

Deferred Compensation

Deferred Compensation

At October 31, 2020, Autodesk had marketable securities totaling $78.5 million, of which $74.5 million is related to investments in debt and equity securities that are held in a rabbi trust under non-qualified deferred compensation plans. Of the $74.5 million related to the deferred compensation liability at October 31, 2020, $5.3 million was classified as current and $69.2 million was classified as non-current liabilities. Of the $69.0 million related to the deferred compensation liability at January 31, 2020, $5.3 million was classified as current and $63.7 million was classified as non-current liabilities. The securities are recorded in the Condensed Consolidated Balance Sheets under the current portion of “Marketable securities.” The current and non-current portions of the liability are recorded in the Condensed Consolidated Balance Sheets under “Accrued compensation” and “Long-term other liabilities,” respectively.

Costs to obtain a contract with a customer

Sales commissions earned by our internal sales personnel and our reseller partners are considered incremental and recoverable costs of obtaining a contract with a customer. The ending balance of assets recognized from costs to obtain a contract with a customer was $89.4 million as of October 31, 2020, and $98.8 million as of January 31, 2020. Amortization expense related to assets recognized from costs to obtain a contract with a customer was $23.8 million and $70.2 million during the three and nine months ended October 31, 2020, respectively. Amortization expense related to assets recognized from costs to obtain a contract with a customer was $25.2 million and $75.4 million during the three and nine months ended October 31, 2019, respectively. Autodesk did not recognize any contract cost impairment losses during the nine months ended October 31, 2020 and 2019.