CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Apr. 30, 2016
Apr. 30, 2015
Net revenues:        
Systems $ 342,443 $ 324,300 $ 680,035 $ 637,700
Services 183,835 165,844 359,782 338,670
Total net revenues 526,278 490,144 1,039,817 976,370
Cost of net revenues:        
Systems 200,544 188,972 395,349 374,640
Services 115,355 97,269 218,804 198,657
Total cost of net revenues 315,899 286,241 614,153 573,297
Total gross margin 210,379 203,903 425,664 403,073
Operating expenses:        
Research and development 54,715 47,579 106,383 96,482
Sales and marketing 59,027 55,371 113,976 112,781
General and administrative 54,884 49,457 107,710 96,807
Loss Contingency, Loss in Period 0 1,213 0 1,213
Amortization of purchased intangible assets 21,974 20,567 41,600 42,899
Total operating expenses 190,600 174,187 369,669 350,182
Operating income 19,779 29,716 55,995 52,891
Interest expense, net (8,543) (7,432) (16,847) (15,327)
Other income (expense), net (4,809) (3,169) (6,989) (2,926)
Income before income taxes 6,427 19,115 32,159 34,638
Income tax provision 3,087 1,449 5,086 2,844
Consolidated net income 3,340 17,666 27,073 31,794
Net income attributable to noncontrolling interests (441) (102) (673) (382)
Net income per share attributable to VeriFone Systems, Inc. stockholders: $ 2,899 $ 17,564 $ 26,400 $ 31,412
Net income per share attributable to VeriFone Systems, Inc. stockholders:        
Basic $ 0.03 $ 0.15 $ 0.24 $ 0.28
Diluted $ 0.03 $ 0.15 $ 0.24 $ 0.27
Weighted average number of shares used in computing net income per share attributable to VeriFone Systems, Inc. stockholders:        
Basic 110,314 113,940 110,808 113,688
Diluted 111,314 115,900 111,889 115,727