Autodesk, inc. (ADSK)
CashFlow / Quarterly
Jan'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jul'15Apr'15Jan'15Oct'14Jul'14Apr'14Jan'14Oct'13Jul'13Apr'13Jan'13Oct'12Jul'12Apr'12Jan'12Oct'11Jul'11Apr'11Jan'11Oct'10Jul'10Apr'10Jan'10Oct'09Jul'09Apr'09Jan'09Oct'08Jul'08Apr'08
Operating activities
Net income (loss)

131,800

66,700

40,200

-24,200

64,700

-23,700

-39,400

-82,400

-173,500

-119,800

-144,000

-129,600

-173,400

-142,800

-98,200

-167,700

-37,200

-43,800

-268,600

19,100

11,500

10,700

31,300

28,300

53,900

57,600

61,700

55,600

74,500

29,400

64,600

78,900

72,000

72,800

71,200

69,300

61,600

53,600

59,900

36,900

50,100

29,600

10,400

-32,100

-105,400

104,600

89,800

94,600

Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Depreciation, amortization, and accretion

30,900

31,600

32,100

32,700

25,400

23,500

22,200

24,100

26,900

24,700

28,400

28,400

34,700

34,100

33,000

37,400

36,100

35,700

36,200

37,800

36,000

36,600

37,200

36,100

33,200

30,600

32,000

33,100

34,700

35,000

28,900

29,200

30,300

31,000

29,700

24,500

25,800

26,600

26,300

26,700

27,100

28,900

28,500

27,000

27,300

25,400

22,200

16,900

Stock-based compensation expense

105,000

94,000

88,200

75,200

74,000

64,200

56,900

54,400

61,900

65,100

67,600

66,800

59,300

56,600

54,300

51,600

56,100

50,200

40,700

50,200

49,100

43,100

39,800

33,600

36,100

31,500

31,100

33,500

37,500

51,900

33,500

33,400

30,000

25,600

27,300

25,900

18,400

17,000

21,000

24,300

18,900

30,300

21,400

23,000

18,600

22,500

23,200

25,200

Deferred income taxes

37,600

-12,100

-11,400

-24,400

23,300

-16,800

13,600

-13,300

46,400

1,300

-9,000

400

-800

30,400

15,400

-6,200

-14,000

1,100

-228,300

5,300

5,100

14,800

20,000

-21,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,900

-4,000

-5,800

9,000

-14,500

-700

18,200

9,900

-1,500

19,500

13,500

0

-

-

-

-

-

-

-

-

-

-

-

-

Impairment of goodwill

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

21,000

128,900

0

0

0

Restructuring and other exit costs, net

0

100

200

200

-2,800

-2,100

14,100

22,500

93,900

0

500

-300

9,000

3,200

16,000

52,300

0

0

0

0

0

0

800

2,300

6,300

4,400

1,700

400

7,200

36,700

0

0

-

-

-

-

1,800

0

1,900

7,100

400

4,900

26,400

16,500

38,900

0

0

0

Other operating activities

-22,700

15,000

-19,500

15,300

-12,600

16,100

-11,800

10,500

-10,800

10,400

400

7,300

-11,100

9,600

-14,500

8,300

-14,400

4,700

-11,800

-3,500

6,700

4,000

-2,800

8,300

-13,000

-5,100

-4,700

6,700

2,300

500

5,000

-1,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Changes in operating assets and liabilities, net of business combinations:
Accounts receivable

131,300

173,000

80,400

-206,200

154,800

74,800

27,200

-231,400

130,000

42,200

35,400

-220,900

192,300

-46,900

50,500

-397,400

292,900

-33,000

78,700

-143,100

83,200

10,400

40,900

-117,200

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other current assets

-20,900

-10,200

-16,000

-11,400

800

-400

-9,300

1,400

3,400

4,100

8,600

-6,200

800

-10,600

8,400

14,900

-2,700

-13,900

-3,000

22,400

900

-15,500

6,200

1,600

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

3,400

43,900

34,500

-172,600

122,500

20,300

26,400

-227,700

55,400

29,300

34,500

-133,100

74,600

-27,300

36,100

-80,700

100,000

5,200

30,500

-110,800

123,200

29,100

23,300

-44,800

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued income taxes

-322,700

170,500

96,100

62,200

39,300

-7,100

-8,200

-58,500

-300

-11,900

-23,200

13,300

-116,500

17,000

-5,500

4,100

-51,000

-24,700

82,600

-3,400

-145,000

25,400

16,400

52,500

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Gain on disposition of assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

3,400

-1,100

-

0

0

0

Accrued income taxes

-

-5,300

-500

9,600

-

-5,600

-14,600

3,100

-

1,300

1,700

34,300

-

-30,200

-35,100

129,600

-

-7,300

-15,000

18,300

-

3,200

-17,300

34,300

-

32,400

62,300

-103,800

-

-2,900

6,700

-8,800

-

-27,800

-18,800

-8,700

-

-17,100

-2,400

-44,100

-

47,000

36,000

29,300

-

46,500

-63,000

-48,600

Net cash provided by operating activities

698,200

276,400

219,300

221,200

311,500

39,200

43,300

-16,900

79,300

-51,100

-72,500

45,200

15,600

7,700

-18,000

164,400

169,900

80,400

77,200

86,500

257,700

136,000

96,200

218,700

183,500

90,600

65,300

224,100

155,600

157,100

107,100

139,300

175,200

137,700

132,200

128,400

175,900

114,300

111,500

139,100

125,600

46,700

47,300

27,200

86,400

107,200

215,000

185,300

Investing activities
Purchases of marketable securities

0

0

100

19,800

2,900

25,200

100,200

9,900

94,400

119,900

180,300

119,400

761,500

295,500

233,400

577,500

422,200

513,700

829,000

485,200

456,100

214,800

377,800

306,400

244,400

272,500

432,700

264,600

294,600

377,800

277,500

447,800

158,200

148,200

138,100

169,700

81,400

107,100

184,200

134,500

159,000

111,700

271,600

26,600

7,400

105,600

3,500

2,100

Sales of marketable securities

0

0

17,800

4,600

258,300

34,300

20,800

6,200

289,800

88,400

10,800

100,000

713,000

190,000

247,100

107,600

66,400

76,000

89,500

97,500

29,300

33,400

68,100

59,200

207,100

114,800

87,000

128,100

125,900

68,100

90,100

48,800

38,700

49,200

27,000

34,600

49,400

33,100

23,100

29,700

18,300

6,700

-10,300

11,700

69,800

500

3,900

800

Maturities of marketable securities

0

0

5,000

0

16,500

75,300

51,000

68,600

64,200

109,800

137,700

282,600

44,600

221,300

468,700

322,600

405,900

429,700

348,600

192,400

345,800

216,100

244,000

163,100

347,000

163,200

163,000

68,900

328,200

186,100

122,000

128,500

102,600

86,300

124,200

96,500

74,100

65,500

41,700

94,100

-

-

-

-

-

-

-

-

Capitalization of software development costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,000

Capital expenditures

14,000

9,700

14,800

14,700

17,600

12,700

20,000

16,700

11,400

12,900

17,800

8,600

10,900

22,500

20,300

22,300

30,600

12,000

17,300

12,500

15,500

28,400

17,100

14,500

9,200

12,400

16,800

25,800

11,700

16,500

16,700

11,500

14,300

8,900

16,600

23,200

10,200

7,000

5,300

5,800

1,500

5,900

10,700

13,600

19,300

19,200

26,500

13,400

Purchase of equity investment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

Acquisitions, net of cash acquired

-

-

-

-

-

-

-

-

-

-

-

-

0

0

25,600

59,600

43,900

67,100

3,000

34,500

26,200

55,500

226,000

322,300

108,100

20,800

12,500

34,700

59,500

135,000

69,200

0

39,000

88,300

18,000

76,400

-

-

-

-

-

-

-

-

67,200

33,400

264,100

-200

Other investing activities

600

500

11,200

-700

-1,700

-8,300

5,400

600

700

7,200

8,200

-3,900

-1,000

8,100

5,700

1,000

29,000

2,400

2,500

10,600

5,200

-1,900

-100

800

2,900

10,300

1,800

3,600

5,000

4,100

13,000

5,000

7,000

8,400

600

14,500

-

-

-

-

1,400

0

0

10,000

-

-

-

-

Net cash (used in) provided by investing activities

-14,600

-10,200

-3,300

-29,200

-750,100

80,000

-87,900

47,600

247,500

58,200

-57,800

258,500

-13,800

85,200

430,800

-230,200

-53,400

-89,500

-413,700

-252,900

-127,900

-47,300

-308,700

-421,700

189,500

-38,000

-213,800

-131,700

83,300

-279,200

-164,300

-287,000

-77,200

-118,300

-22,100

-152,700

26,900

-19,000

-133,700

-16,500

36,100

-2,300

-278,300

-38,500

-15,700

-157,700

-289,200

-15,500

Financing activities
Proceeds from issuance of common stock

1,900

42,100

2,800

46,900

800

39,700

1,300

49,100

1,200

37,300

5,800

50,100

17,400

48,000

3,000

51,200

11,500

37,400

4,700

57,200

45,800

38,300

29,100

62,200

129,400

103,600

9,800

70,000

20,600

40,800

5,800

153,000

19,800

26,700

18,300

111,300

44,500

36,300

3,900

36,200

2,500

23,400

18,700

25,400

1,000

39,000

14,800

35,300

Taxes paid related to net share settlement of equity awards

32,600

48,700

5,400

25,800

22,700

67,700

14,200

38,800

22,500

70,800

16,800

33,000

17,300

39,000

1,600

18,300

9,300

13,600

5,600

23,100

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Repurchase and retirement of common shares

180,600

127,300

46,100

88,500

32,200

106,600

132,700

22,000

261,100

122,700

119,300

195,900

224,100

127,600

169,900

100,100

100,300

150,000

112,300

95,400

64,800

103,300

101,800

102,500

105,100

78,900

110,600

129,200

90,700

130,200

111,100

99,200

63,700

94,300

100,800

68,600

76,200

74,900

70,400

58,800

-

-

-

-

0

0

0

256,600

Draws on line of credit

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

2,200

112,400

110,000

650,000

40,000

Repayments of debt

150,000

100,000

125,000

125,000

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

2,100

52,200

64,300

226,000

570,000

0

Excess tax benefits from stock-based compensation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

9,900

-4,000

-5,800

9,000

-14,500

-700

18,200

9,900

-1,500

19,500

13,500

0

-

-

-

-

-

-

-

-

-

-

-

-

Net cash (used in) provided by financing activities

133,200

-233,900

-173,700

-192,400

443,800

-134,600

-145,600

-11,700

-282,400

-156,200

-39,200

-178,800

-224,000

-118,600

-168,500

-67,200

-98,100

-126,200

628,800

-61,300

-60,700

-65,000

-74,400

-40,300

9,600

20,700

-106,600

-50,200

544,900

19,900

-87,100

63,700

-45,400

-48,100

-69,000

42,700

-31,700

-38,600

-66,500

-22,600

-21,300

-16,000

16,600

-24,600

49,100

-77,000

94,800

-181,300

Effect of exchange rate changes on cash and cash equivalents

1,700

0

-1,600

-2,400

5,100

-4,300

-7,400

-4,000

8,400

200

3,400

2,200

-1,200

-5,100

-400

3,400

-2,900

-300

-1,900

-200

-3,500

-1,800

400

-100

-3,000

-900

300

1,400

1,400

-1,000

0

1,600

1,000

500

-1,000

-2,100

-

-

-

-600

-200

1,600

2,400

-1,200

1,400

-5,700

-100

2,700

Net increase (decrease) in cash and cash equivalents

818,500

32,300

40,700

-2,800

10,300

-19,700

-197,600

15,000

52,800

-148,900

-166,100

127,100

-223,400

-30,800

243,900

-129,600

15,500

-135,600

290,400

-227,900

65,600

21,900

-286,500

-243,400

379,600

72,400

-254,800

43,600

785,200

-103,200

-144,300

-82,400

53,600

-28,200

40,100

16,300

170,800

54,300

-88,100

99,400

140,200

30,000

-212,000

-37,100

121,200

-133,200

20,500

-8,800