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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2022
Jul. 31, 2021
Jul. 31, 2022
Jul. 31, 2021
Revenue:        
Revenue $ 222,899 $ 214,617 $ 440,805 $ 415,521
Cost of revenue:        
Amortization of acquired technology 3,553 4,426 7,192 8,810
Total cost of revenue 75,105 72,567 151,840 144,907
Gross profit 147,794 142,050 288,965 270,614
Operating expenses:        
Research and development, net 33,956 31,792 64,903 60,940
Selling, general and administrative 105,705 91,376 208,587 179,022
Amortization of other acquired intangible assets 6,623 7,345 13,467 14,673
Total operating expenses 146,284 130,513 286,957 254,635
Operating income 1,510 11,537 2,008 15,979
Other income (expense), net:        
Interest income 498 23 697 46
Interest expense (1,863) (2,199) (3,364) (7,218)
Losses on early retirements of debt 0 0 0 (2,474)
Other income, net 467 156 2,141 4,206
Total other expense, net (898) (2,020) (526) (5,440)
Income before provision for income taxes 612 9,517 1,482 10,539
Provision for income taxes 2,848 4,201 3,144 4,129
Net (loss) income (2,236) 5,316 (1,662) 6,410
Net income attributable to noncontrolling interests 176 316 464 611
Net (loss) income attributable to Verint Systems Inc. (2,412) 5,000 (2,126) 5,799
Dividends on preferred stock (5,200) (5,200) (10,400) (8,522)
Net loss attributable to Verint Systems Inc. common shares $ (7,612) $ (200) $ (12,526) $ (2,723)
Net loss per common share attributable to Verint Systems Inc.:        
Basic (in dollars per share) $ (0.12) $ 0 $ (0.19) $ (0.04)
Diluted (in dollars per share) $ (0.12) $ 0 $ (0.19) $ (0.04)
Weighted-average common shares outstanding:        
Basic (in shares) 64,958 65,194 64,948 65,417
Diluted (in shares) 64,958 65,194 64,948 65,417
Recurring        
Revenue:        
Revenue $ 166,440 $ 156,178 $ 325,807 $ 300,631
Cost of revenue:        
Cost of revenue 40,852 37,636 81,880 75,712
Nonrecurring        
Revenue:        
Revenue 56,459 58,439 114,998 114,890
Cost of revenue:        
Cost of revenue $ 30,700 $ 30,505 $ 62,768 $ 60,385