Net Income Per Share

6 Months Ended

Jul. 31, 2011

Net Income Per Share

18. Net Income Per Share

Basic net income per share is computed using the weighted average number of shares of common stock outstanding for the period, including restricted stock awards and excluding stock options and restricted stock units. Diluted net income per share is based upon the weighted average shares of common stock outstanding for the period and potentially dilutive common shares, including the effect of stock options and restricted stock units under the treasury stock method. The following table sets forth the computation of the numerators and denominators used in the basic and diluted net income per share amounts:

	Three Months Ended July 31,				Six months ended July 31,
	2011		2010		2011		2010
Numerator:
Net income	$	71.2	$	59.9	$	140.5	$	96.8
Denominator:
Denominator for basic net income per share—weighted average shares		229.4		228.0		228.8		228.5
Effect of dilutive securities		7.2		5.8		8.1		6.0
Denominator for dilutive net income per share		236.6		233.8		236.9		234.5
Basic net income per share	$	0.31	$	0.26	$	0.61	$	0.42
Diluted net income per share	$	0.30	$	0.25	$	0.59	$	0.41

The computation of diluted net income per share does not include shares that are anti-dilutive under the treasury stock method because their exercise prices are higher than the average market value of Autodesk’s stock during the period. For the three months ended July 31, 2011 and 2010, 10.0 million and 22.8 million potentially anti-dilutive shares, respectively, were excluded from the computation of net income per share. For the six months ended July 31, 2011 and 2010, 8.6 million and 21.1 million potentially anti-dilutive shares, respectively, were excluded from the computation of net income per share.