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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Apr. 30, 2020
Jan. 31, 2020
Current Assets:    
Cash and cash equivalents $ 556,671 $ 379,146
Restricted cash and cash equivalents, and restricted bank time deposits 46,451 43,860
Short-term investments 19,741 20,215
Accounts receivable, net of allowance for doubtful accounts of $6.3 million and $5.3 million, respectively 308,304 382,435
Contract assets, net 62,249 64,961
Inventories 25,030 20,495
Prepaid expenses and other current assets 92,168 87,946
Total current assets 1,110,614 999,058
Property and equipment, net 115,481 116,111
Operating lease right-of-use assets 97,878 102,149
Goodwill 1,452,434 1,469,211
Intangible assets, net 182,503 197,764
Other assets 135,798 131,765
Total assets 3,094,708 3,016,058
Current Liabilities:    
Accounts payable 70,987 71,604
Accrued expenses and other current liabilities 228,256 233,948
Contract liabilities 378,548 397,350
Total current liabilities 677,791 702,902
Long-term debt 990,390 832,798
Long-term contract liabilities 40,566 40,565
Operating lease liabilities 87,340 90,372
Other liabilities 105,715 106,984
Total liabilities 1,901,802 1,773,621
Commitments and Contingencies
Stockholders' Equity:    
Preferred stock - $0.001 par value; authorized 2,207,000 shares at April 30, 2020 and January 31, 2020, respectively; none issued. 0 0
Common stock - $0.001 par value; authorized 120,000,000 shares. Issued 68,930,000 and 68,529,000 shares; outstanding 64,526,000 and 64,738,000 shares at April 30, 2020 and January 31, 2020, respectively. 69 68
Additional paid-in capital 1,677,775 1,660,889
Treasury stock, at cost - 4,404,000 and 3,791,000 shares at April 30, 2020 and January 31, 2020, respectively. (208,124) (174,134)
Accumulated deficit (112,544) (105,590)
Accumulated other comprehensive loss (178,774) (151,865)
Total Verint Systems Inc. stockholders' equity 1,178,402 1,229,368
Noncontrolling interests 14,504 13,069
Total stockholders' equity 1,192,906 1,242,437
Total liabilities and stockholders' equity $ 3,094,708 $ 3,016,058