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 |