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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Apr. 30, 2024
Apr. 30, 2023
Revenue:    
Total revenue $ 221,277 $ 216,566
Cost of revenue:    
Amortization of acquired technology 1,358 1,965
Total cost of revenue 63,761 68,403
Gross profit 157,516 148,163
Operating expenses:    
Research and development, net 36,730 31,782
Selling, general and administrative 93,276 101,279
Amortization of other acquired intangible assets 3,065 6,330
Total operating expenses 133,071 139,391
Operating income 24,445 8,772
Other income (expense), net:    
Interest income 1,978 1,982
Interest expense (2,591) (2,781)
Other (expense) income, net (498) 24
Total other expense, net (1,111) (775)
Income before provision for income taxes 23,334 7,997
Provision for income taxes 7,955 4,363
Net income 15,379 3,634
Net income attributable to noncontrolling interests 138 339
Net income attributable to Verint Systems Inc. 15,241 3,295
Dividends on preferred stock (5,200) (5,200)
Net income (loss) attributable to Verint Systems Inc. common shares $ 10,041 $ (1,905)
Net income (loss) per common share attributable to Verint Systems Inc.:    
Basic (in dollars per share) $ 0.16 $ (0.03)
Diluted (in dollars per share) $ 0.16 $ (0.03)
Weighted-average common shares outstanding:    
Basic (in shares) 62,335 64,940
Diluted (in shares) 62,845 64,940
Recurring    
Revenue:    
Total revenue $ 173,528 $ 166,439
Cost of revenue:    
Cost of revenue 35,923 39,643
Nonrecurring    
Revenue:    
Total revenue 47,749 50,127
Cost of revenue:    
Cost of revenue $ 26,480 $ 26,795