GOODWILL

The changes in the carrying amount of goodwill in the Company’s reportable segments for the three months ended April 30, 2012 are as follows:



	Comverse BSS		Comverse VAS		Verint ⁽¹⁾		All Other ⁽²⁾			Total
	(In thousands)
For the Three Months Ended April 30, 2012
Goodwill, gross at January 31, 2012	$	83,955	$	65,966	$	894,155	$	169,610		$	1,213,686
Accumulated impairment losses at January 31, 2012	—		—		—		(156,455		)	(156,455		)
Goodwill, net, at January 31, 2012	83,955		65,966		894,155		13,155			1,057,231
Goodwill acquired:
Other	—		—		—		—			—
Effect of changes in foreign currencies and other	167		131		4,981		10			5,289
Goodwill, net, at April 30, 2012	$	84,122	$	66,097	$	899,136	$	13,165		$	1,062,520
Balance at April 30, 2012
Goodwill, gross at April 30, 2012	$	84,122	$	66,097	$	899,136	$	169,620		$	1,218,975
Accumulated impairment losses at April 30, 2012	—		—		—		(156,455		)	(156,455		)
Goodwill, net, at April 30, 2012	$	84,122	$	66,097	$	899,136	$	13,165		$	1,062,520

(1)

Goodwill balances of Verint as of January 31, 2012 have been retrospectively adjusted to reflect measurement period adjustments to the purchase price allocations for several business combinations completed during the fiscal year ended January 31, 2012. These adjustments were identified during the three months ended April 30, 2012, and resulted from new information obtained about facts and circumstances that existed as of the respective acquisition dates. These adjustments reduced goodwill by $2.9 million in the Verint segment (see Note 5, Business Combinations).


(2)	The amount of goodwill in “All Other” is attributable to Starhome, Comverse MI and Netcentrex. The goodwill associated with Netcentrex was impaired during the fiscal year ended January 31, 2009 and prior fiscal years.

The Company tests goodwill for impairment annually as of November 1 or more frequently if events or circumstances indicate the potential for an impairment exists.