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Equity Compensation (Tables) | 9 Months Ended
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Oct. 31, 2023
Share-Based Payment Arrangement [Abstract] |
Schedule of Summary of Restricted Stock Activity | A summary of restricted stock activity for the nine months ended October 31, 2023, is as follows:
| Unvested restricted stock units |  | Weighted average grant date fair value per share
| (in thousands) |  |
Unvested restricted stock units at January 31, 2023 | 4,848 |  |  | $ | 216.20 |
Granted | 3,544 |  |  | 199.54 |
Vested | (2,334) |  |  | 216.56 |
Canceled/Forfeited | (261) |  |  | 212.95 |
Performance Adjustment (1) | (11) |  |  | 189.41 |
Unvested restricted stock units at October 31, 2023 | 5,786 |  |  | $ | 205.98 |
_______________ (1)Based on Autodesk's financial results and relative total stockholder return for the fiscal 2023 performance period. The performance stock units were attained at rates ranging from 86% to 110% of the target award.
Schedule of Summary of the ESPP Activity | A summary of the ESPP activity for the three and nine months October 31, 2023 and 2022, is as follows:
| Three Months Ended October 31, |  | Nine Months Ended October 31,
| 2023 |  | 2022 |  | 2023 |  | 2022
Issued shares (in thousands) | 357 |  |  | 363 |  |  | 791 |  |  | 740 |
Average price of issued shares | $ | 164.30 |  |  | $ | 158.78 |  |  | $ | 163.91 |  |  | $ | 166.44 |
Weighted average grant date fair value of shares granted under the ESPP (1) | $ | 67.29 |  |  | $ | 66.43 |  |  | $ | 68.70 |  |  | $ | 67.77 |
_______________ (1)Calculated as of the award grant date using the Black-Scholes Merton (“BSM”) option pricing model.
Schedule of Stock-based Compensation Expense | The following table summarizes stock-based compensation expense for the three and nine months ended October 31, 2023 and 2022, as follows:
| Three Months Ended October 31, |  | Nine Months Ended October 31, |  |
| 2023 | 2022 |  | 2023 | 2022 |  |  |  |
Cost of subscription and maintenance revenue | $ | 9 |  | $ | 9 |  |  | $ | 28 |  | $ | 26 |  |  |  |  |
Cost of other revenue | 4 |  | 3 |  |  | 11 |  | 9 |  |  |  |  |
Marketing and sales | 66 |  | 68 |  |  | 202 |  | 199 |  |  |  |  |
Research and development | 78 |  | 71 |  |  | 233 |  | 199 |  |  |  |  |
General and administrative | 24 |  | 21 |  |  | 69 |  | 63 |  |  |  |  |
Stock-based compensation expense related to stock awards and ESPP purchases | 181 |  | 172 |  |  | 543 |  | 496 |  |  |  |  |
Tax (benefit) expense | (2) |  | (2) |  |  | 1 |  | 7 |  |  |  |  |
Stock-based compensation expense related to stock awards and ESPP purchases, net of tax | $ | 179 |  | $ | 170 |  |  | $ | 544 |  | $ | 503 |  |  |  |  |
Schedule of Assumptions to Estimate the Fair Value of Stock-based Awards | Autodesk uses the following assumptions to estimate the fair value of stock-based awards:
| Three Months Ended October 31, 2023 |  | Three Months Ended October 31, 2022
| Performance Stock Units |  | ESPP |  | Performance Stock Units |  | ESPP
Range of expected volatility | N/A |  | 29.4 - 37.4% |  | N/A |  | 40.7 - 44.9%
Range of expected lives (in years) | N/A |  | 0.5- 2.0 |  | N/A |  | 0.5 - 2.0
Expected dividends | N/A |  | —% |  | N/A |  | —%
Range of risk-free interest rates | N/A |  | 5.0 -5.5% |  | N/A |  | 3.7 - 3.9%
| Nine Months Ended October 31, 2023 |  | Nine Months Ended October 31, 2022
| Performance Stock Units |  | ESPP |  | Performance Stock Units |  | ESPP
Range of expected volatilities | 40.9 - 42.5% |  | 29.4 - 42.4% |  | 39.4 - 40.7% |  | 38.3 - 44.9%
Range of expected lives (in years) | N/A |  | 0.5 - 2.0 |  | N/A |  | 0.5 - 2.0
Expected dividends | —% |  | —% |  | —% |  | —%
Range of risk-free interest rates | 4.3 - 4.7% |  | 4.3 - 5.5% |  | 1.2 - 1.6% |  | 0.9 - 3.9%

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