Spreadsheet: 20b29c8b-4aec-4be6-9d11-55ad51f1b527
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
 |  | 2013 | 2013 | 2013 | 2014 | 2014 |  | 2012 | 2012 | 2012 | 2013 | 2013 |  | 2011 | 2011 | 2011 | 2012 | 2012
Operating activities:
Net income |  |  |  |  |  | 55.6 |  | 78.9 | 64.6 | 29.4 | 74.5 | 247.4 |  | 69.3 | 71.2 | 72.8 | 72 | 285.3
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, amortization and accretion |  |  |  |  |  | 33.1 |  | 29.2 | 28.9 | 35 | 34.7 | 127.8 |  | 24.5 | 29.7 | 31 | 30.3 | 115.5
Stock-based compensation expense |  |  |  |  |  | 33.5 |  | 33.4 | 33.5 | 51.9 | 37.5 | 156.3 |  | 25.9 | 27.3 | 25.6 | 30 | 108.8
Excess tax benefits from stock-based compensation |  |  |  |  |  | -9 |  | -9.9 | -18.2 | 0.7 | 14.5 | -12.9 |  | 0 | -13.5 | -19.5 | 1.5 | -31.5
Restructuring charges, net |  |  |  |  |  | 0.4 |  | 0 | 0 | 36.7 | 7.2 | 43.9 |  | 0 | -1.3 | 0 | 0 | -1.3
Other operating activities |  |  |  |  |  | 6.7 |  | -1.1 | 5 | 0.5 | 2.3 | 6.7 |  | 0 | 0 | 0 | -0.3 | -0.3
Changes in operating assets and liabilities, net of business combinations |  |  |  |  |  | 103.8 |  | 8.8 | -6.7 | 2.9 | -15.1 | -10.1 |  | 8.7 | 18.8 | 27.8 | 41.7 | 97
Net cash provided by operating activities |  |  |  |  |  |  |  | 139.3 | 107.1 | 157.1 | 155.6 | 559.1 |  | 128.4 | 132.2 | 137.7 | 175.2 | 573.5
Investing activities:
Purchases of marketable securities |  |  |  |  |  | -264.6 |  | -447.8 | -277.5 | -377.8 | -294.6 | -1397.7 |  | -169.7 | -138.1 | -148.2 | -158.2 | -614.2
Sales of marketable securities |  |  |  |  |  | 128.1 |  | 48.8 | 90.1 | 68.1 | 125.9 | 332.9 |  | 34.6 | 27 | 49.2 | 38.7 | 149.5
Maturities of marketable securities |  |  |  |  |  | 68.9 |  | 128.5 | 122 | 186.1 | 328.2 | 764.8 |  | 96.5 | 124.2 | 86.3 | 102.6 | 409.6
Capital expenditures |  |  |  |  |  | -25.8 |  | -11.5 | -16.7 | -16.5 | -11.7 | -56.4 |  | -23.2 | -16.6 | -8.9 | -14.3 | -63
Acquisitions, net of cash acquired |  |  |  |  |  | -34.7 |  | 0 | -69.2 | -135 | -59.5 | -263.7 |  | -76.4 | -18 | -88.3 | -39 | -221.7
Other investing activities |  |  |  |  |  | -3.6 |  | -5 | -13 | -4.1 | -5 | -27.1 |  | -14.5 | -0.6 | -8.4 | -7 | -30.5
Net cash (used in) provided by investing activities |  |  |  |  |  |  |  | -287 | -164.3 | -279.2 | 83.3 | -647.2 |  | -152.7 | -22.1 | -118.3 | -77.2 | -370.3
Financing activities:
Proceeds from issuance of common stock, net of issuance costs |  |  |  |  |  | 70 |  | 153 | 5.8 | 40.8 | 20.6 | 220.2 |  | 111.3 | 18.3 | 26.7 | 19.8 | 176.1
Repurchases of common stock |  |  |  |  |  | -129.2 |  | -99.2 | -111.1 | -130.2 | -90.7 | -431.2 |  | -68.6 | -100.8 | -94.3 | -63.7 | -327.4
Proceeds from debt |  |  |  |  |  | 0 |  | 0 | 0 | 0 | 745.6 | 745.6 |  | 0 | 0 | 0 | 0 | 0
Draws on line of credit |  |  |  |  |  | 0 |  | 0 | 0 | 110 | 0 | 110 |  | 0 | 0 | 0 | 0 | 0
Repayments on line of credit |  |  |  |  |  | 0 |  | 0 | 0 | 0 | -110 | -110 |  | 0 | 0 | 0 | 0 | 0
Excess tax benefits from stock-based compensation |  |  |  |  |  | 9 |  | 9.9 | 18.2 | -0.7 | -14.5 | 12.9 |  | 0 | 13.5 | 19.5 | -1.5 | 31.5
Other financing activities |  |  |  |  |  | 0 |  | 0 | 0 | 0 | -6.1 | -6.1 |  | 0 | 0 | 0 | 0 | 0
Net cash (used in) provide by financing activities |  |  |  |  |  |  |  | 63.7 | -87.1 | 19.9 | 544.9 | 541.4 |  | 42.7 | -69 | -48.1 | -45.4 | -119.8
Effect of exchange rate changes on cash and cash equivalents |  |  |  |  |  | 1.4 |  | 1.6 | 0 | -1 | 1.4 | 2 |  | -2.1 | -1 | 0.5 | 1 | -1.6
Net increase (decrease) in cash and cash equivalents |  |  |  |  |  |  |  | -82.4 | -144.3 | -103.2 | 785.2 | 455.3 |  | 16.3 | 40.1 | -28.2 | 53.6 | 81.8
Cash and cash equivalents at beginning of fiscal year |  |  |  |  |  |  |  | 1156.9 | 1074.5 | 930.2 | 827 | 1156.9 |  | 1075.1 | 1091.4 | 1131.5 | 1103.3 | 1075.1
Cash and cash equivalents at end of period |  |  |  |  |  |  |  | 1074.5 | 930.2 | 827 | 1612.2 | 1612.2 |  | 1091.4 | 1131.5 | 1103.3 | 1156.9 | 1156.9
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.