Property and Equipment, Net

12 Months Ended

Jan. 31, 2012

PROPERTY AND EQUIPMENT, NET [Abstract]

Property, Plant and Equipment Disclosure

PROPERTY AND EQUIPMENT, NET

Property and equipment, net as of January 31, 2012 and 2011 consist of:



	January 31,
	2012			2011
	(In thousands)
Land	$	3,741		$	3,861
Fixtures and equipment	229,832			297,840
Software	44,304			44,378
Buildings	2,204			2,204
Leasehold improvements	28,847			30,244
	305,187			374,666
Less accumulated depreciation and amortization	(233,215		)	(311,684		)
	$	71,972		$	62,982
Total	$	75,713		$	66,843

Depreciation and amortization expense of property and equipment was $28.5 million, $32.5 million and $42.3 million for the fiscal years ended January 31, 2012, 2011 and 2010, respectively. The Company also wrote off and disposed of property and equipment, net of $2.4 million, $1.3 million and $6.4 million during the fiscal years ended January 31, 2012, 2011 and 2010, respectively.

On September 16, 2010, Comverse Ltd., an Israeli company and a wholly-owned subsidiary of Comverse, Inc., entered into an agreement for the sale of land in Ra’anana, Israel to a third party for approximately $28.5 million. Approximately $27.1 million of such proceeds were received in the fiscal year ended January 31, 2011. The balance, originally held in escrow to cover, to extent necessary, any applicable taxes and levies, was received during the fiscal year ended January 31, 2012. The Company recorded a net gain of $2.4 million on the sale of this land in fiscal year ended January 31, 2011.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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