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Condensed Consolidated Statements of Operations - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jul. 31, 2019
Jul. 31, 2018
Jul. 31, 2019
Jul. 31, 2018
Cost of revenue:        
Amortization of acquired technology $ 5,587 $ 5,520 $ 12,294 $ 12,946
Total cost of revenue 116,441 113,307 230,629 227,399
Gross profit 207,864 193,020 408,935 368,135
Operating expenses:        
Research and development, net 58,685 52,254 115,854 104,406
Selling, general and administrative 126,265 104,083 247,986 211,580
Amortization of other acquired intangible assets 7,639 7,452 15,352 15,136
Total operating expenses 192,589 163,789 379,192 331,122
Operating income 15,275 29,231 29,743 37,013
Other income (expense), net:        
Interest income 1,687 1,134 3,113 1,927
Interest expense (10,107) (9,922) (20,041) (18,984)
Other income (expense), net 909 (1,241) 119 (1,705)
Total other expense, net (7,511) (10,029) (16,809) (18,762)
Income before benefit for income taxes 7,764 19,202 12,934 18,251
Benefit for income taxes (4,507) (3,722) (3,098) (3,448)
Net income 12,271 22,924 16,032 21,699
Net income attributable to noncontrolling interest 1,713 944 3,898 1,934
Net income attributable to Verint Systems Inc. $ 10,558 $ 21,980 $ 12,134 $ 19,765
Net income (loss) per common share attributable to Verint Systems Inc.        
Basic (in dollars per share) $ 0.16 $ 0.34 $ 0.18 $ 0.31
Diluted (in dollars per share) $ 0.16 $ 0.33 $ 0.18 $ 0.30
Weighted-average common shares outstanding        
Basic (in shares) 66,272 64,694 65,870 64,314
Diluted (in shares) 67,519 65,840 67,338 65,509
Product        
Revenue:        
Revenue $ 109,983 $ 110,042 $ 214,207 $ 215,906
Cost of revenue:        
Cost of revenue 29,424 32,984 57,544 67,793
Service and support        
Revenue:        
Revenue 214,322 196,285 425,357 379,628
Cost of revenue:        
Cost of revenue $ 81,430 $ 74,803 $ 160,791 $ 146,660