Quarterly Information

12 Months Ended

Jan. 31, 2011

27. QUARTERLY INFORMATION (UNAUDITED)

The following table shows selected results of operations for each of the quarters during the fiscal years ended January 31, 2011, and 2010:


	Fiscal Quarters Ended
	April 30, 2010			July 31, 2010			October 31, 2010			January 31, 2011
	(In thousands, except per share data)
	(UNAUDITED)
Revenue	$	356,888		$	410,242		$	425,460		$	430,837
(Loss) income from operations		(83,692	)		(13,050	)		23,302			23,525
Net (loss) income attributable to Comverse Technology, Inc.
Net (loss) income from continuing operations		(80,651	)		(23,173	)		(40,929	)		19,136
Loss from discontinued operations, net of tax		(1,224	)		(1,000	)		(774	)		(3,707	)

Net (loss) income attributable to Comverse Technology, Inc.	$	(81,875	)	$	(24,173	)	$	(41,703	)	$	15,429

Net (loss) income from continuing operations attributable to Comverse Technology, Inc.:
Basic	$	(80,651	)	$	(23,173	)	$	(40,929	)	$	19,136
Diluted		(80,651	)		(23,232	)		(42,956	)		18,903
(Loss) earnings per share from continuing operations attributable to Comverse Technology, Inc.'s shareholders:
Basic		(0.39	)		(0.12	)		(0.20	)		0.10
Diluted		(0.39	)		(0.12	)		(0.21	)		0.09
Loss from discontinued operations, net of tax, attributable to Comverse Technology, Inc.:
Basic		(1,224	)		(1,000	)		(774	)		(3,707	)
Diluted		(1,224	)		(1,000	)		(774	)		(3,707	)
Loss per share from discontinued operations attributable to Comverse Technology, Inc.'s shareholders:
Basic		(0.01	)		(0.00	)		(0.00	)		(0.02	)
Diluted		(0.01	)		(0.00	)		(0.00	)		(0.02	)
(Loss) earnings per share attributable to Comverse Technology, Inc.'s shareholders:
Basic	$	(0.40	)	$	(0.12	)	$	(0.20	)	$	0.08

Diluted	$	(0.40	)	$	(0.12	)	$	(0.21	)	$	0.07


	Fiscal Quarters Ended
	April 30, 2009			July 31, 2009			October 31, 2009			January 31, 2010
	(In thousands, except per share data)
	(UNAUDITED)
Revenue	$	388,248		$	374,718		$	377,813		$	393,158
Loss from operations		(26,239	)		(36,082	)		(48,582	)		(82,198	)
Net loss attributable to Comverse Technology, Inc.
Net loss from continuing operations		(57,915	)		(62,252	)		(54,654	)		(55,609	)
Income (loss) from discontinued operations, net of tax		16,416			18,697			(31,872	)		(44,846	)

Net loss attributable to Comverse Technology, Inc.	$	(41,499	)	$	(43,555	)	$	(86,526	)	$	(100,455	)

Net loss from continuing operations attributable to Comverse Technology, Inc.:
Basic	$	(57,915	)	$	(62,252	)	$	(54,654	)	$	(55,609	)
Diluted		(60,468	)		(62,253	)		(54,839	)		(55,609	)
Loss per share from continuing operations attributable to Comverse Technology, Inc.'s shareholders:
Basic		(0.28	)		(0.30	)		(0.26	)		(0.27	)
Diluted		(0.30	)		(0.30	)		(0.26	)		(0.27	)
Income (loss) from discontinued operations, net of tax, attributable to Comverse Technology, Inc.:
Basic		16,416			18,697			(31,872	)		(44,846	)
Diluted		16,416			18,697			(31,872	)		(44,846	)
Earnings (loss) per share from discontinued operations attributable to Comverse Technology, Inc.'s shareholders:
Basic		0.08			0.09			(0.16	)		(0.22	)
Diluted		0.08			0.09			(0.16	)		(0.22	)
Loss per share attributable to Comverse Technology, Inc.'s shareholders:
Basic	$	(0.20	)	$	(0.21	)	$	(0.42	)	$	(0.49	)

Diluted	$	(0.22	)	$	(0.21	)	$	(0.42	)	$	(0.49	)

The unaudited quarterly information shown above reflects the presentation of discontinued operations for all periods presented as a result of the Ulticom Sale on December 3, 2010 (see Note 19, Discontinued Operations).

- Definition

This element can be used to disclose the entire quarterly financial data disclosure in the annual financial statements as a single block of text. The disclosure includes a tabular presentation of financial information for each fiscal quarter for the current and previous year, including revenues, gross profit, income (loss) before extraordinary items and cumulative effect of a change in accounting principle and earnings per share data. It also includes an indication if the information in the note is unaudited, comments on the aggregate effect of year-end adjustments, and an explanation of matters or transactions that affect comparability or are pertinent to an understanding of the information furnished. Alternatively, the details of this disclosure can be reported using the elements in this group, or by using other taxonomy elements and applying the appropriate quarterly date and period contexts when creating an instance document. For example, the element for "Interest and Dividend Income, Operating" may be used by financial institutions from the Statement of Income, applying the appropriate quarterly date and period context when creating an instance document.

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