Spreadsheet: 0829ebff-1e00-4c1b-9e5d-04048987493b
Sheet: Cash Flow

Autodesk, Inc.
Condensed Consolidated Statements of Cash Flows
(In millions)
 |  | Q1 | Q2 | Q3 | Q4 |  |  | Q1 | Q2 | Q3 | Q4 |  |  | Q1 | Q2 | Q3 | Q4
 |  | April 30, | July 31, | October 31, | January 31, | FY |  | April 30, | July 31, | October 31, | January 31, | FY |  | April 30, | July 31, | October 31, | January 31, | FY
 |  | 2012 | 2012 | 2012 | 2013 | 2013 |  | 2011 | 2011 | 2011 | 2012 | 2012 |  | 2010 | 2010 | 2010 | 2011 | 2011
Operating Activities
Net income |  | 78.9 | 64.6 | 29.4 | 0 | 172.9 |  | 69.3 | 71.2 | 72.8 | 72 | 285.3 |  | 36.9 | 59.9 | 53.6 | 61.6 | 212
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization |  | 29.2 | 28.9 | 34.99999999999999 | 0 | 93.1 |  | 24.5 | 29.7 | 31 | 30.3 | 115.5 |  | 26.7 | 26.3 | 26.6 | 25.8 | 105.4
Stock-based compensation expense |  | 33.4 | 33.5 | 51.90000000000001 | 0 | 118.8 |  | 25.9 | 27.3 | 25.6 | 30 | 108.8 |  | 24.3 | 21 | 17 | 18.4 | 80.7
Excess tax benefits from stock-based compensation |  | -9.9 | -18.2 | 0.6999999999999993 | 0 | -27.4 |  | 0 | -13.5 | -19.5 | 1.5 | -31.5 |  | 0 | 0 | 0 | 0 | 0
Restructuring charges (benefits), net |  | 0 | 0 | 36.7 | 0 | 36.7 |  | 0 | -1.3 | 0 | 0 | -1.3 |  | 7.1 | 1.9 | 0 | 1.8 | 10.8
Other operating activities |  | -1.1 | 5 | 0.5 | 0 | 4.4 |  | 0 | 0 | 0 | -0.3 | -0.3 |  | 0.3 | -0.6 | 0 | -1.7 | -2
Changes in operating assets and liabilities, net of business combinations |  | 8.8 | -6.7 | 2.9 | 0 | 5 |  | 8.7 | 18.8 | 27.8 |  | 97 |  |  |  | 17.1 |  | 133.9
Net cash provided by operating activities |  | 139.3 | 107.1 | 157.1 | 0 | 403.5 |  | 128.4 | 132.2 | 137.7 | 175.2 | 573.5 |  | 139.1 | 111.5 | 114.3 | 175.9 | 540.8
Investing Activities
Purchases of marketable securities |  | -447.8 | -277.5 | -377.8 | 0 | -1103.1 |  | -169.7 | -138.1 | -148.2 | -158.2 | -614.2 |  | -134.5 | -184.2 | -107.1 | -81.4 | -507.2
Sales of marketable securities |  | 48.8 | 90.1 | 68.1 | 0 | 207 |  | 34.6 | 27 | 49.2 | 38.7 | 149.5 |  | 29.7 | 23.1 | 33.1 | 49.4 | 135.3
Maturities of marketable securities |  | 128.5 | 122 | 186.1 | 0 | 436.6 |  | 96.5 | 124.2 | 86.3 | 102.6 | 409.6 |  | 94.1 | 41.7 | 65.5 | 74.1 | 275.4
Capital expenditures |  | -11.5 | -16.7 | -16.5 | 0 | -44.7 |  | -23.2 | -16.6 | -8.9 | -14.3 | -63 |  | -5.8 | -5.3 | -7 | -10.2 | -28.3
Acquisitions, net of cash acquired |  | 0 | -69.2 | -135 | 0 | -204.2 |  | -76.4 | -18 | -88.3 | -39 | -221.7 |  | 0 | -8.5 | 0 | -5 | -13.5
Other investing activities |  | -5 | -13 | -4.100000000000001 | 0 | -22.1 |  | -14.5 | -0.6 | -8.4 | -7 | -30.5 |  | 0 | -0.5 | -3.5 | 0 | -4
Net cash provided by (used in) investing activities |  | -287 | -164.3 | -279.1999999999999 | 0 | -730.4999999999999 |  | -152.7 | -22.1 | -118.3 | -77.2 | -370.3 |  | -16.5 | -133.7 | -19 | 26.9 | -142.3
Financing Activities
Proceeds from issuance of common stock, net of issuance costs |  | 153 | 5.8 | 40.8 | 0 | 199.6 |  | 111.3 | 18.3 | 26.7 | 19.8 | 176.1 |  | 36.2 | 3.9 | 36.3 | 44.5 | 120.9
Repurchases of common stock |  | -99.2 | -111.1 | -130.2 | 0 | -340.5 |  | -68.6 | -100.8 | -94.3 | -63.7 | -327.4 |  | -58.8 | -70.4 | -74.9 | -76.2 | -280.3
Draws on line of credit |  | 0 | 0 | 110 | 0 | 110 |  | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0
Repayments on line of credit |  | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0 |  | 0 | 0 | 0 | 0 | 0
Excess tax benefits from stock-based compensation |  | 9.9 | 18.2 | -0.6999999999999993 | 0 | 27.4 |  | 0 | 13.5 | 19.5 | -1.5 | 31.5 |  | 0 | 0 | 0 | 0 | 0
Net cash provided by (used in) financing activities |  | 63.7 | -87.1 | 19.89999999999998 | 0 | -3.500000000000007 |  | 42.7 | -69 | -48.1 | -45.4 | -119.8 |  | -22.6 | -66.5 | -38.6 | -31.7 | -159.4
Effect of exchange rate changes on cash and cash equivalents |  | 1.6 | 0 | -1 | 0 | 0.6 |  | -2.1 | -1 | 0.5 | 1 | -1.6 |  | -0.6 | 0.6 | -2.4 | -0.3 | -2.7
Net increase (decrease) in cash and cash equivalents |  | -82.4 | -144.3 | -103.1999999999999 | 0 | -329.8999999999999 |  | 16.3 | 40.1 | -28.2 | 53.6 | 81.8 |  | 99.4 | -88.1 | 54.3 | 170.8 | 236.4
Cash and cash equivalents at beginning of period |  | 1156.9 | 1074.5 | 930.2 | 0 | 1156.9 |  | 1075.1 | 1091.4 | 1131.5 | 1103.3 | 1075.1 |  | 838.7 | 938.1 | 850 | 904.3 | 838.7
Cash and cash equivalents at end of period |  | 1074.5 | 930.2 | 827.0000000000001 | 0 | 827.0000000000002 |  | 1091.4 | 1131.5 | 1103.3 | 1156.9 | 1156.9 |  | 938.1 | 850 | 904.3 | 1075.1 | 1075.1
Note 1:  Totals may not agree with the components due to rounding.
Note 2:  Certain reclassifications have been made to prior periods to conform to current period presentation.