Spreadsheet: 0829ebff-1e00-4c1b-9e5d-04048987493b
Sheet: Comparative Non-GAAP IS

Autodesk, Inc.
Other Supplemental Financial Information
Non-GAAP Condensed Consolidated Statements of Operations
(See non-GAAP adjustments listed on the accompanying tables)
(In millions, except per share data)
 | Three Months Ended |  |  |  | Nine Months Ended
 | October 31, |  |  |  | October 31,
 | 2012 |  | 2011 |  | 2012 |  | 2011
 | ([NAME]) |  |  |  | ([NAME])
Net revenue:
License and other | 317.1 |  | 331.4 |  | 1018.6 |  | 987.4
Maintenance | 230.9 |  | 217.2 |  | 686.7 |  | 635.8
Total net revenue | 548 |  | 548.5999999999999 |  | 1705.3 |  | 1623.2
Cost of license and other revenue | 38.3 |  | 38.5 |  | 112.6 |  | 108.3
Cost of maintenance revenue | 8.4 |  | 9.1 |  | 30.8 |  | 32.8
Total cost of revenue | 46.7 |  | 47.6 |  | 143.4 |  | 141.1
Gross profit | 501.3 |  | 500.9999999999999 |  | 1561.9 |  | 1482.1
Operating Expenses:
Marketing and sales | 187.2 |  | 194.5 |  | 592.1 |  | 574.3
Research and development | 124.9 |  | 132.3 |  | 401 |  | 389.4
General and administrative | 42.5 |  | 39.1 |  | 133.2 |  | 125.4
Total operating expenses | 354.6 |  | 365.9 |  | 1126.3 |  | 1089.1
Income from operations | 146.7 |  | 135.0999999999999 |  | 435.6 |  | 393
Interest and other income (expense), net | -0.2 |  | 1.1 |  | 6.4 |  | 6.2
Income before income taxes | 146.5 |  | 136.1999999999998 |  | 442 |  | 399.2
Provision for income taxes | -37.5 |  | -34.1 |  | -112.8 |  | -99.9
Net income | 109 |  | 102.0999999999999 |  | 329.2 |  | 299.3
Basic net income per share | 0.48 |  | 0.45 |  | 1.45 |  | 1.31
Diluted net income per share | 0.47 |  | 0.44 |  | 1.42 |  | 1.28
Weighted average shares used in computing basic net income per share | 225.5 |  | 227.1 |  | 227.1 |  | 228.2
Weighted average shares used in computing diluted net income per share | 229.9 |  | 230.7 |  | 231.4 |  | 233.7
Note 1:  To supplement our consolidated financial statements presented on a GAAP basis, [NAME] provides investors with certain non-GAAP measures including non-GAAP net income, non-GAAP net income per share, non-GAAP cost of license and other revenue, non-GAAP gross profit, non-GAAP operating expenses, non-GAAP income from operations and non-GAAP provision for income taxes.  These non-GAAP financial measures are adjusted to exclude certain costs, expenses, gains and losses, including stock-based compensation expense, restructuring charges, amortization of purchased intangibles, discrete tax provision items and related income tax expenses.  See our reconciliation of GAAP financial measures to non-GAAP financial measures herein.  We believe these exclusions are appropriate to enhance an overall understanding of our past financial performance and also our prospects for the future, as well as to facilitate comparisons with our historical operating results.  These adjustments to our GAAP results are made with the intent of providing both management and investors a more complete understanding of [NAME]'s underlying operational results and trends and our marketplace performance.  For example, the non-GAAP results are an indication of our baseline performance before gains, losses or other charges that are considered by management to be outside our core operating results.  In addition, these non-GAAP financial measures are among the primary indicators management uses as a basis for our planning and forecasting of future periods.
There are limitations in using non-GAAP financial measures because the non-GAAP financial measures are not prepared in accordance with generally accepted accounting principles and may be different from non-GAAP financial measures used by other companies.  The non-GAAP financial measures are limited in value because they exclude certain items that may have a material impact upon our reported financial results.  The presentation of this additional information is not meant to be considered in isolation or as a substitute for the directly comparable financial measures prepared in accordance with generally accepted accounting principles in the United States.  Investors should review the reconciliation of the non-GAAP financial measures to their most directly comparable GAAP financial measures as provided in the tables accompanying this press release.
Note 2:  Totals may not agree with the components due to rounding.
Note 3:  Effective in the second quarter of fiscal 2011, [NAME] began excluding certain discrete GAAP tax provision items for purposes of its non-GAAP financial measures. Prior period non-GAAP income tax expense, net income and earnings per share amounts have been revised to conform to the current period presentation.
Note 4:  Effective in the second quarter of fiscal 2013, [NAME] began excluding certain investment gains and losses for purposes of its non-GAAP financial measures. Prior period non-GAAP interest and other income (expense), net, net income and earnings per share amounts have been revised to conform to the current period presentation.
Note 5:  Earnings per share were computed independently for each of the periods presented; therefore the sum of the earnings per share amounts for the quarters may not equal the total for the year.