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Equity Compensation (Tables) | 3 Months Ended
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Apr. 30, 2024
Share-Based Payment Arrangement [Abstract] |
Schedule of Summary of Restricted Stock Activity | A summary of restricted stock activity for the three months ended April 30, 2024, is as follows:
| Unvested restricted stock units |  | Weighted average grant date fair value per share
| (in thousands) |  |
Unvested restricted stock units at January 31, 2024 | 5,371 |  |  | $ | 203.87 |
Granted | 2,280 |  |  | 239.60 |
Vested | (1,527) |  |  | 207.80 |
Canceled/Forfeited | (92) |  |  | 205.06 |
Performance Adjustment (1) | (32) |  |  | 194.63 |
Unvested restricted stock units at April 30, 2024 | 6,000 |  |  | $ | 217.06 |
_______________ (1)Based on Autodesk's financial results and relative total stockholder return for the fiscal 2024 performance period. The performance stock units were attained at rates ranging from 75% to 96% of the target award.
Schedule of Summary of the ESPP Activity | A summary of the ESPP activity for the three months ended April 30, 2024 and 2023, is as follows:
| Three Months Ended April 30, |  |
| 2024 |  | 2023 |  |  |  |
Issued shares (in thousands) | 433 |  |  | 434 |  |  |  |  |
Average price of issued shares | $ | 164.81 |  |  | $ | 163.59 |  |  |  |  |
Weighted average grant date fair value of shares granted under the ESPP (1) | $ | 79.14 |  |  | $ | 71.34 |  |  |  |  |
_______________ (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 months ended April 30, 2024 and 2023, as follows:
| Three Months Ended April 30, |  |  |  |
| 2024 | 2023 |  |  |  |  |  |  |
Cost of subscription and maintenance revenue | $ | 9 |  | $ | 9 |  |  |  |  |  |  |  |
Cost of other revenue | 3 |  | 3 |  |  |  |  |  |  |  |
Marketing and sales | 53 |  | 62 |  |  |  |  |  |  |  |
Research and development | 66 |  | 69 |  |  |  |  |  |  |  |
General and administrative | 18 |  | 22 |  |  |  |  |  |  |  |
Stock-based compensation expense related to stock awards and ESPP purchases | 149 |  | 165 |  |  |  |  |  |  |  |
Tax (benefit) expense | (15) |  | 1 |  |  |  |  |  |  |  |
Stock-based compensation expense related to stock awards and ESPP purchases, net of tax | $ | 134 |  | $ | 166 |  |  |  |  |  |  |  |
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 April 30, 2024 |  | Three Months Ended April 30, 2023
| Performance Stock Units (1) |  | ESPP |  | Performance Stock Units |  | ESPP
Range of expected volatility | N/A |  | 28.7 - 34.5% |  | 40.9 - 42.5% |  | 40.0 - 42.4%
Range of expected lives (in years) | N/A |  | 0.5- 2.0 |  | N/A |  | 0.5 - 2.0
Expected dividends | N/A |  | —% |  | —% |  | —%
Range of risk-free interest rates | N/A |  | 4.6 - 5.4% |  | 4.3 - 4.7% |  | 4.3 - 5.0%
(1)There were no performance stock units granted during the three months ended April 30, 2024, where the fair value was estimated by a Monte Carlo simulation.

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- Definition Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year. + References No definition available. + Details
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