Deferred Compensation

12 Months Ended

Jan. 31, 2021

Compensation Related Costs [Abstract]

Deferred Compensation

Deferred Compensation

At January 31, 2021, Autodesk had marketable securities totaling $85.0 million, of which $81.0 million related to investments in debt and equity securities that are held in a rabbi trust under non-qualified deferred compensation plans. Of the $81.0 million related to the deferred compensation liability at January 31, 2021, $7.3 million was classified as current and $73.7 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 Consolidated Balance Sheets under the current portion of “Marketable securities.” The current and non-current portions of the liability are recorded in the 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 $120.9 million and $98.8 million as of January 31, 2021, and January 31, 2020, respectively. These assets are recorded in “Prepaid expenses and other current assets” and “Long-term other assets” in the Consolidated Balance Sheet. Amortization expense related to assets recognized from costs to obtain a contract with a customer was $96.6 million, $101.6 million, and $108.8 million during fiscal years ended January 31, 2021, 2020, and 2019, respectively. Autodesk did not recognize any contract cost impairment losses during the fiscal years ended January 31, 2021, 2020, or 2019.