Stockholders' Equity |
Stockholders' Equity Changes in stockholders' equity by component, net of tax, as of October 31, 2022, are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common stock and additional paid-in capital | | Accumulated other comprehensive loss | | Accumulated deficit | | Total stockholders' equity | Shares | | Amount | | Balances, January 31, 2022 | 218 | | | $ | 2,923 | | | $ | (124) | | | $ | (1,950) | | | $ | 849 | | Common shares issued under stock plans | 1 | | | (10) | | | | | | | (10) | | Stock-based compensation expense | | | 146 | | | | | | | 146 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Shares issued related to business combination | | | 10 | | | | | | | 10 | | Net income | | | | | | | 146 | | | 146 | | Other comprehensive loss | | | | | (24) | | | | | (24) | | Repurchase and retirement of common shares (1) | (2) | | | (97) | | | | | (339) | | | (436) | | Balances, April 30, 2022 | 217 | | | 2,972 | | | (148) | | | (2,143) | | | 681 | | Common shares issued under stock plans | | | (17) | | | | | | | (17) | | Stock-based compensation expense | | | 163 | | | | | | | 163 | | Settlement of liability-classified restricted common shares | | | 5 | | | | | | | 5 | | | | | | | | | | | | | | | | | | | | | | Net income | | | | | | | 186 | | | 186 | | Other comprehensive loss | | | | | (21) | | | | | (21) | | Repurchase and retirement of common shares (1) | (1) | | | (34) | | | | | (223) | | | (257) | | Balances, July 31, 2022 | 216 | | | 3,089 | | | (169) | | | (2,180) | | | 740 | | Common shares issued under stock plans | 1 | | | 18 | | | | | | | 18 | | Stock-based compensation expense | | | 165 | | | | | | | 165 | | | | | | | | | | | | Settlement of liability-classified restricted common shares | | | 3 | | | | | | | 3 | | Net income | | | | | | | 198 | | | 198 | | Other comprehensive loss | | | | | (38) | | | | | (38) | | Repurchase and retirement of common shares (1) | (1) | | | (62) | | | | | (118) | | | (180) | | Balances, October 31, 2022 | 216 | | | $ | 3,213 | | | $ | (207) | | | $ | (2,100) | | | $ | 906 | |
________________ (1)During the three and nine months ended October 31, 2022, Autodesk repurchased 893 thousand and 4,368 thousand shares at an average repurchase price of $201.33 and $199.83 per share, respectively. At October 31, 2022, 4 million shares remained available for repurchase under the September 2016 repurchase program approved by the Board of Directors. In November 2022, the Board of Directors authorized the repurchase of $5 billion of the Company's common stock, in addition to the shares remaining under previously announced share repurchase programs. Changes in stockholders' equity by component, net of tax, as of October 31, 2021, are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Common stock and additional paid-in capital | | Accumulated other comprehensive loss | | Accumulated deficit | | Total stockholders' equity | Shares | | Amount | | Balances, January 31, 2021 | 220 | | | $ | 2,579 | | | $ | (126) | | | $ | (1,488) | | | $ | 965 | | Common shares issued under stock plans | 1 | | | 9 | | | | | | | 9 | | Stock-based compensation expense | | | 114 | | | | | | | 114 | | | | | | | | | | | | | | | | | | | | | | Shares issued related to business combination | | | 3 | | | | | | | 3 | | | | | | | | | | | | Net income | | | | | | | 156 | | | 156 | | Other comprehensive income | | | | | 24 | | | | | 24 | | Repurchase and retirement of common shares (1) | (1) | | | (66) | | | | | (77) | | | (143) | | Balances, April 30, 2021 | 220 | | | 2,639 | | | (102) | | | (1,409) | | | 1,128 | | Common shares issued under stock plans | | | (6) | | | | | | | (6) | | Stock-based compensation expense | | | 148 | | | | | | | 148 | | | | | | | | | | | | Net income | | | | | | | 115 | | | 115 | | Other comprehensive loss | | | | | (11) | | | | | (11) | | Repurchase and retirement of common shares (1) | | | (1) | | | | | (45) | | | (46) | | Balances, July 31, 2021 | 220 | | | 2,780 | | | (113) | | | (1,339) | | | 1,328 | | Common shares issued under stock plans | 1 | | | (51) | | | | | | | (51) | | Stock-based compensation expense | | | 140 | | | | | | | 140 | | | | | | | | | | | | Settlement of liability-classified restricted common shares | | | 3 | | | | | | | 3 | | Net income | | | | | | | 137 | | | 137 | | Other comprehensive income | | | | | 11 | | | | | 11 | | Repurchase and retirement of common shares (1) | (1) | | | (51) | | | | | (237) | | | (288) | | Balances, October 31, 2021 | 220 | | | $ | 2,821 | | | $ | (102) | | | $ | (1,439) | | | $ | 1,280 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |
________________ (1)During the three and nine months ended October 31, 2021, Autodesk repurchased 980 thousand and 1,659 thousand shares at an average repurchase price of $292.91 and $286.95 per share, respectively. At October 31, 2021, 10 million shares remained available for repurchase under the repurchase program approved by the Board of Directors.
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