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NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC. (Tables)

12 Months Ended

Jan. 31, 2024

Earnings Per Share [Abstract]

Schedule Of Calculation Of Basic And Diluted Net Income (Loss) Per Common Share Attributable To Verint Systems Inc.

The following table summarizes the calculation of basic and diluted net income (loss) per common share attributable to Verint Systems Inc. for the years ended January 31, 2024, 2023, and 2022:

						Year Ended January 31,
(in thousands, except per share amounts)						2024						2023						2022
Net income						$	39,634					$	15,659					$	15,651
Net income attributable to noncontrolling interests						1,024						761						1,238
Net income attributable to Verint Systems Inc.						38,610						14,898						14,413
Dividends on preferred stock						(20,800)						(20,800)						(18,922)
Net income (loss) attributable to Verint Systems Inc. for basic net income (loss) per common share						17,810						(5,902)						(4,509)
Dilutive effect of dividends on preferred stock						—						—						—

						Year Ended January 31,
(in thousands, except per share amounts)						2024						2023						2022
Net income (loss) attributable to Verint Systems Inc. for diluted net income (loss) per common share						$	17,810					$	(5,902)					$	(4,509)
Weighted-average shares outstanding:
Basic						63,990						65,332						65,591
Dilutive effect of employee equity award plans						328						—						—
Dilutive effect of 2021 Notes						—						—						—
Dilutive effect of 2014 Notes						—						—						—
Dilutive effect of warrants						—						—						—
Dilutive effect of assumed conversion of preferred stock						—						—						—
Diluted						64,318						65,332						65,591
Net income (loss) income per common share attributable to Verint Systems Inc.:
Basic						$	0.28					$	(0.09)					$	(0.07)
Diluted						$	0.28					$	(0.09)					$	(0.07)

Schedule Of Anti-dilutive Securities

We excluded the following weighted-average potential common shares from the calculations of diluted net income (loss) per common share during the applicable periods because their inclusion would have been anti-dilutive: 

						Year Ended January 31,
(in thousands)						2024						2023						2022
Common shares excluded from calculation:
Restricted and performance stock-based awards						1,840						2,120						1,580
2014 Notes						—						—						481
Warrants						—						—						117
Series A Preferred Stock						5,498						5,498						5,498
Series B Preferred Stock						3,980						3,980						3,282

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- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 260
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482662/260-10-50-1

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- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 260
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
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