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Equity Attributable to Comverse Technology, Inc and Noncontrolling Interest
9 Months Ended
Oct. 31, 2012
Stockholders' Equity Note [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, and Starhome B.V., prior to its sale on October 19, 2012. 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) income” in the condensed consolidated statements of operations.
Components of equity attributable to Comverse Technology, Inc.’s and its noncontrolling interest are as follows:
 
Nine Months Ended October 31, 2012
 
Nine Months Ended October 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

Net (loss) income
(54,431
)
 
21,113

 
(33,318
)
 
(63,202
)
 
16,462

 
(46,740
)
Other comprehensive (loss)income
(11,112
)
 
877

 
(10,235
)
 
(4,825
)
 
(1,951
)
 
(6,776
)
Stock-based compensation expense
8,401

 

 
8,401

 
7,150

 

 
7,150

Exercises of stock options
49

 

 
49

 
1,861

 

 
1,861

Impact from equity transactions of subsidiaries and other
12,832

 
6,901

 
19,733

 
15,268

 
12,035

 
27,303

Sale of Starhome

 
(8,339
)
 
(8,339
)
 

 

 

Share Distribution
48,722

 

 
48,722

 

 

 

Repurchase of common stock
(1,685
)
 

 
(1,685
)
 
(4,319
)
 

 
(4,319
)
Other
825

 

 
825

 

 

 

Balance, October 31
$
445,109

 
$
131,796

 
$
576,905

 
$
364,941

 
$
99,425

 
$
464,366