In addition, the company's Audit Committee is conducting a voluntary review of the company's past stock option granting practices and the related accounting impact. There can be no assurance that the outcome of that review will not result in a change to or restatement of financial results provided by the company for this or any historical period. In addition, the review and possible conclusions may have an impact on the amount and timing of previously awarded stock-based compensation and other additional expenses to be recorded; accounting adjustments to our financial statements for the periods in question; our ability to file required reports with the SEC on a timely basis; our ability to meet the requirements of the NASDAQ Stock Market for continued listing of our shares; potential claims and proceedings relating to such matters, including shareholder litigation and action by the SEC and/or other governmental agencies; and negative tax or other implications for the company resulting from any accounting adjustments or other factors.
Further information on potential factors that could affect the financial results of Autodesk are included in the company's reports on Form 10-K for the year ended January 31, 2006 and Form 10-Q for the quarter ended April 30, 2006 which are on file with the Securities and Exchange Commission. Autodesk does not assume any obligation to update the forward-looking statements provided to reflect events that occur or circumstances that exist after the date on which they were made.
Autodesk will host its second quarter conference call today at 5:00 p.m. EDT. The live announcement may be accessed at 866-362-4832 or 617-597-5364 (passcode: 75643726). An audio replay of the call will be available at 7:00 pm EDT by dialing 888-286-8010 or 617-801-6888 (passcode: 75171303). An audio webcast and podcast will also be available beginning at 7:00 p.m. EDT at www.autodesk.com/investors. This replay will be maintained on our website for at least twelve months.
Autodesk, Inc. is a Fortune 1000 company, wholly focused on ensuring that great ideas are turned into reality. With seven million users, Autodesk is the world's leading software and services company for the manufacturing, infrastructure, building, media and entertainment, and wireless data services fields. Autodesk's solutions help customers create, manage and share their data and digital assets more effectively. As a result, customers turn ideas into competitive advantage, become more productive, streamline project efficiency and maximize profits.
Founded in 1982, Autodesk is headquartered in San Rafael, California. For additional information about Autodesk, please visit www.autodesk.com .
Investors: Sue Pirri, Email Contact, 415-507-6467 John Clancy, Email Contact 415-507-6373 Press: Caroline Kawashima, Email Contact, 415-547-2498 Autodesk Fiscal Year 2007 QTR 1 QTR 2 QTR 3 QTR 4 YTD2007 Financial Statistics (in millions): Total net revenues $436.0 $449.6 $885.6 License and other revenues $349.4 $345.5 $694.9 Maintenance revenues $86.6 $104.1 $190.7 Total Cash and Marketable Securities $385.8 $468.2 $468.2 Days Sales Outstanding 58 52 52 Capital Expenditures $11.4 $6.9 $18.3 GAAP Depreciation and Amortization $12.5 $13.5 $26.0 Revenue by Geography (in millions): Americas $170.2 $167.7 $337.9 Europe $164.3 $174.2 $338.5 Asia/Pacific $101.5 $107.7 $209.2 Revenue by Division (in millions): Design Solutions Segment $386.7 $388.6 $775.3 Platform Technology Division and other $207.3 $200.9 $408.2 Manufacturing Solutions Division $75.0 $75.7 $150.7 Building Solutions Division $53.2 $56.8 $110.0 Infrastructure Solutions Division $51.2 $55.2 $106.4 Media and Entertainment Segment $46.8 $58.5 $105.3 Other Revenue Statistics: % of Total Rev from AutoCAD, AutoCAD upgrades and AutoCAD LT 44% 41% 43% % of Total Rev from 3D design products 20% 20% 20% % of Total Rev from Emerging Economies 12% 13% 13% Upgrade Revenue (in millions) $75.2 $49.1 $124.3 Deferred Maintenance Revenue (in millions): Deferred Maintenance Revenue Balance $252.4 $263.6 $263.6 Favorable (Unfavorable) Impact of U.S. Dollar Translation Relative to Foreign Currencies Compared to Comparable Prior Year Period (in millions): Total Net Revenues $(19.3) $(2.4) $(21.7) Common Stock Statistics: Shares Outstanding 231,296,000 230,237,000 230,237,000 Fully Diluted Shares Outstanding 244,698,000 243,191,000 244,103,000 Shares Repurchased 1,700,000 2,498,000 4,198,000 Installed Base Statistics: Total AutoCAD- based Installed Base 3,928,400 3,974,300 3,974,300 Total Inventor Installed Base 577,700 592,600 592,600 Total Subscription Installed Base 989,800 1,085,866 1,085,866
Web site: http://www.autodesk.com/