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Equity Attributable to Comverse Technology, Inc and Noncontrolling Interest
6 Months Ended
Jul. 31, 2012
EQUITY ATTRIBUTABLE TO COMVERSE TECHNOLOGY, INC. AND NONCONTROLLING INTEREST [Abstract]  
Equity Attributable to Comverse Technology, Inc. and Noncontrolling Interest
EQUITY ATTRIBUTABLE TO COMVERSE TECHNOLOGY, INC. AND NONCONTROLLING INTEREST
Noncontrolling interest represents minority shareholders’ interest in Verint Systems, the Company’s majority-owned subsidiary. The Company recognizes noncontrolling interest as a separate component of “Total equity” in the condensed consolidated balance sheets and recognizes income attributable to the noncontrolling interest as a separate component of “Net loss” in the condensed consolidated statements of operations.
Components of equity attributable to Comverse Technology, Inc.’s and its noncontrolling interest are as follows:
 
 
Six Months Ended July 31, 2012
 
Six Months Ended July 31, 2011
 
Comverse
Technology,
Inc.’s
Shareholders’
Equity
 
Noncontrolling
Interest
 
Total
Equity
 
Comverse
Technology,
Inc.’s
Shareholders’
Equity
 
Noncontrolling
Interest
 
Total
Equity
 
(In thousands)
Balance, January 31
$
441,508

 
$
111,244

 
$
552,752

 
$
413,008

 
$
72,879

 
$
485,887

Comprehensive loss:
 
 
 
 
 
 
 
 
 
 
 
Net (loss) income
(53,484
)
 
16,564

 
(36,920
)
 
(98,892
)
 
9,885

 
(89,007
)
Other comprehensive income (loss)
6,904

 
(4,784
)
 
2,120

 
(2,982
)
 
2,658

 
(324
)
Stock-based compensation expense
5,463

 

 
5,463

 
5,016

 

 
5,016

Exercises of stock options
24

 

 
24

 

 

 

Impact from equity transactions of subsidiaries and other
9,775

 
5,071

 
14,846

 
14,366

 
6,212

 
20,578

Repurchase of common stock
(1,630
)
 

 
(1,630
)
 
(1,425
)
 

 
(1,425
)
Balance, July 31
$
408,560

 
$
128,095

 
$
536,655

 
$
329,091

 
$
91,634

 
$
420,725