Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands |
3 Months Ended |
Apr. 30, 2018 |
Apr. 30, 2017 |
| Revenue: |
|
|
| Product |
$ 105,864
|
$ 89,817
|
| Service and support |
183,343
|
171,178
|
| Total revenue |
289,207
|
260,995
|
| Cost of revenue: |
|
|
| Product |
34,809
|
33,924
|
| Service and support |
71,857
|
67,345
|
| Amortization of acquired technology |
7,426
|
9,534
|
| Total cost of revenue |
114,092
|
110,803
|
| Gross profit |
175,115
|
150,192
|
| Operating expenses: |
|
|
| Research and development, net |
52,152
|
46,233
|
| Selling, general and administrative |
107,497
|
101,807
|
| Amortization of other acquired intangible assets |
7,684
|
11,537
|
| Total operating expenses |
167,333
|
159,577
|
| Operating income (loss) |
7,782
|
(9,385)
|
| Other income (expense), net: |
|
|
| Interest income |
793
|
330
|
| Interest expense |
(9,062)
|
(8,988)
|
| Other expense, net |
(464)
|
(1,889)
|
| Total other expense, net |
(8,733)
|
(10,547)
|
| Loss before provision (benefit) for income taxes |
(951)
|
(19,932)
|
| Provision (benefit) for income taxes |
274
|
(892)
|
| Net loss |
(1,225)
|
(19,040)
|
| Net income attributable to noncontrolling interest |
990
|
746
|
| Net loss attributable to Verint Systems Inc. |
$ (2,215)
|
$ (19,786)
|
| Net loss per common share attributable to Verint Systems Inc. |
|
|
| Basic (in dollars per share) |
$ (0.03)
|
$ (0.32)
|
| Diluted (in dollars per share) |
$ (0.03)
|
$ (0.32)
|
| Weighted-average common shares outstanding |
|
|
| Basic (in shares) |
63,928
|
62,485
|
| Diluted (in shares) |
63,928
|
62,485
|