Verint Systems (VRNT) 10-Q5 Jun 142015 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Apr. 30, 2014	15-May-14
Document And Entity Information	'	'
Entity Registrant Name	'VERINT SYSTEMS INC	'
Entity Central Index Key	'0001166388	'
Current Fiscal Year End Date	'--01-31	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Large Accelerated Filer	'
Document Type	'10-Q	'
Document Period End Date	30-Apr-14	'
Document Fiscal Year Focus	'2015	'
Document Fiscal Period Focus	'Q1	'
Amendment Flag	'false	'
Entity Well-known Seasoned Issuer	'Yes	'
Entity Voluntary Filers	'No	'
Entity Common Stock, Shares Outstanding	'	54,039,751

Condensed_Consolidated_Balance

Condensed Consolidated Balance Sheets (USD $)	Apr. 30, 2014	Jan. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Current Assets:	'	'
Cash and cash equivalents	$187,316	$378,618
Restricted cash and bank time deposits	19,949	6,423
Short-term investments	35,875	32,049
Accounts receivable, net of allowance for doubtful accounts of $1.1 million and $1.2 million, respectively	238,747	194,312
Inventories	16,739	10,693
Deferred cost of revenue	10,097	10,818
Prepaid expenses and other current assets	77,110	61,478
Total current assets	585,833	694,391
Property and equipment, net	53,507	40,145
Goodwill	1,242,960	853,389
Intangible assets, net	383,722	132,847
Capitalized software development costs, net	6,913	8,483
Long-term deferred cost of revenue	10,872	9,843
Other assets	39,473	33,809
Total assets	2,323,280	1,772,907
Current Liabilities:	'	'
Accounts payable	71,733	65,656
Accrued expenses and other current liabilities	229,657	179,148
Current maturities of long-term debt	9,496	6,555
Deferred revenue	183,027	162,124
Total current liabilities	493,913	413,483
Long-term debt	1,020,365	635,830
Long-term deferred revenue	13,547	13,661
Other liabilities	100,065	76,815
Total liabilities	1,627,890	1,139,789
Commitments and Contingencies	'	'
Stockholders' Equity:	'	'
Preferred Stock - $0.001 par value; authorized 2,207,000 shares at April 30, 2014 and January 31, 2014; none issued.	0	0
Common stock - $0.001 par value; authorized 120,000,000 shares. Issued 54,339,000 and 53,907,000 shares; outstanding 54,037,000 and 53,605,000 shares at April 30, 2014 and January 31, 2014, respectively.	54	54
Additional paid-in capital	941,174	924,663
Treasury stock, at cost - 302,000 shares at April 30, 2014 and January 31, 2014.	-8,013	-8,013
Accumulated deficit	-222,049	-250,005
Accumulated other comprehensive loss	-22,809	-39,725
Total Verint Systems Inc. stockholders' equity	688,357	626,974
Noncontrolling interest	7,033	6,144
Total stockholders' equity	695,390	633,118
Total liabilities and stockholders' equity	$2,323,280	$1,772,907

Condensed_Consolidated_Balance1

Condensed Consolidated Balance Sheets (Parenthetical) (USD $)	Apr. 30, 2014	Jan. 31, 2014
In Thousands, except Share data, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Statement of Financial Position [Abstract]	'	'
Allowance for Doubtful Accounts	$1,100	$1,200
Preferred Stock, par value (in dollars per share)	$0.00	$0.00
Preferred Stock, authorized (in shares)	2,207,000	2,207,000
Series A convertible preferred stock, issued (in shares)	0	0
Common stock, par value (in dollars per share)	$0.00	$0.00
Common stock, authorized (in shares)	120,000,000	120,000,000
Common stock, issued (in shares)	54,339,000	53,907,000
Common stock, outstanding (in shares)	54,037,000	53,605,000
Treasury stock, (in shares)	302,000	302,000

Condensed_Consolidated_Stateme

Condensed Consolidated Statements of Operations (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Revenue and segment contribution:	'	'
Product	$108,136	$87,350
Service and support	149,257	117,436
Total revenue	257,393	204,786
Cost of revenue:	'	'
Product	39,477	31,172
Service and support	56,988	38,498
Amortization of acquired technology and backlog	6,358	3,638
Total cost of revenue	102,823	73,308
Gross profit	154,570	131,478
Operating expenses:	'	'
Research and development, net	41,323	30,028
Selling, general and administrative	101,048	81,704
Amortization of other acquired intangible assets	11,203	6,033
Total operating expenses	153,574	117,765
Operating income	996	13,713
Other income (expense), net:	'	'
Interest income	225	155
Interest expense	-10,226	-7,188
Losses on extinguishment of debt	-7,092	-9,706
Total other income (expense), net	2,828	-1,808
Total other expense, net	-14,265	-18,547
Loss before (benefit from) provision for income taxes	-13,269	-4,834
(Benefit from) provision for income taxes	-42,088	3,103
Net income (loss)	28,819	-7,937
Net income attributable to noncontrolling interest	863	1,216
Net income (loss) attributable to Verint Systems Inc.	27,956	-9,153
Dividends on preferred stock	0	-174
Net income (loss) attributable to Verint Systems Inc. common shares	$27,956	($9,327)
Net income (loss) per common share attributable to Verint Systems Inc.	'	'
Basic (in dollars per share)	$0.52	($0.18)
Diluted (in dollars per share)	$0.51	($0.18)
Weighted-average common shares outstanding	'	'
Basic (in shares)	53,737	51,970
Diluted (in shares)	55,018	51,970

Condensed_Consolidated_Stateme1

Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Net income (loss)	$28,819	($7,937)
Other comprehensive income (loss), net of reclassification adjustments:	'	'
Foreign currency translation adjustments	16,736	-4,664
Net unrealized losses on available-for-sale securities	-3	0
Net unrealized gains on derivative financial instruments designated as hedges	311	2,072
Provision for income taxes on net unrealized gains on derivative financial instruments designated as hedges	102	186
Other comprehensive income (loss)	16,942	-2,778
Comprehensive income (loss)	45,761	-10,715
Comprehensive income attributable to noncontrolling interest	889	1,149
Comprehensive income (loss) attributable to Verint Systems Inc.	$44,872	($11,864)

Condensed_Consolidated_Stateme2

Condensed Consolidated Statements of Stockholders' Equity (USD $)	Total	Total Verint Systems Inc. Stockholders' Equity (Deficit)	Common Stock	Additional Paid-in Capital	Treasury Stock	Accumulated Deficit	Accumulated Other Comprehensive Loss	Noncontrolling Interest
In Thousands, unless otherwise specified	Total	Total Verint Systems Inc. Stockholders' Equity (Deficit)	Common Stock	Additional Paid-in Capital	Treasury Stock	Accumulated Deficit	Accumulated Other Comprehensive Loss	Noncontrolling Interest
Balances at Jan. 31, 2013	$229,676	$224,802	$40	$580,762	($8,013)	($303,762)	($44,225)	$4,874
Balances (in shares) at Jan. 31, 2013	'	'	40,158	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'
Net income (loss)	-7,937	-9,153	'	'	'	-9,153	'	1,216
Other comprehensive income (loss)	-2,778	-2,711	'	'	'	'	-2,711	-67
Stock-based compensation - equity portion	5,719	5,719	'	5,719	'	'	'	'
Exercises of stock options	1,687	1,687	0	1,687	'	'	'	'
Exercises of stock options (in shares)	'	'	76	'	'	'	'	'
Common stock issued for stock awards and stock bonuses	74	74	'	74	'	'	'	'
Common stock issued for stock awards and stock bonuses (in shares)	'	'	179	'	'	'	'	'
Common stock issued for CTI Merger, net	299,639	299,639	13	299,626	'	'	'	'
Common stock issued for CTI Merger, net (in shares)	'	'	12,274	'	'	'	'	'
Tax effects from stock award plans	15	15	'	15	'	'	'	'
Balances at Apr. 30, 2013	526,095	520,072	53	887,883	-8,013	-312,915	-46,936	6,023
Balances (in shares) at Apr. 30, 2013	'	'	52,687	'	'	'	'	'
Balances at Jan. 31, 2014	633,118	626,974	54	924,663	-8,013	-250,005	-39,725	6,144
Balances (in shares) at Jan. 31, 2014	'	'	53,605	'	'	'	'	'
Increase (Decrease) in Stockholders' Equity	'	'	'	'	'	'	'	'
Net income (loss)	28,819	27,956	'	'	'	27,956	'	863
Other comprehensive income (loss)	16,942	16,916	'	'	'	'	16,916	26
Stock-based compensation - equity portion	10,228	10,228	'	10,228	'	'	'	'
Exercises of stock options	6,259	6,259	0	6,259	'	'	'	'
Exercises of stock options (in shares)	181	'	181	'	'	'	'	'
Common stock issued for stock awards and stock bonuses (in shares)	'	'	251	'	'	'	'	'
Tax effects from stock award plans	24	24	'	24	'	'	'	'
Balances at Apr. 30, 2014	$695,390	$688,357	$54	$941,174	($8,013)	($222,049)	($22,809)	$7,033
Balances (in shares) at Apr. 30, 2014	'	'	54,037	'	'	'	'	'

Condensed_Consolidated_Stateme3

Condensed Consolidated Statements of Cash Flows (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Cash flows from operating activities:	'	'
Net income (loss)	$28,819	($7,937)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:	'	'
Depreciation and amortization	23,324	14,459
Stock-based compensation - equity portion	10,228	5,719
Reduction in valuation allowance resulting from acquisition of KANA	-45,171	0
Non-cash losses (gains) on derivative financial instruments, net	737	-430
Losses on extinguishment of debt	7,092	9,706
Other non-cash items, net	5,146	4,661
Changes in operating assets and liabilities, net of effects of business combinations:	'	'
Accounts receivable	-25,412	-9,654
Inventories	-2,449	3,097
Deferred cost of revenue	-210	841
Prepaid expenses and other assets	4,613	-294
Accounts payable and accrued expenses	36,735	-1,331
Deferred revenue	11,133	6,435
Other, net	-550	884
Net cash provided by operating activities	54,035	26,156
Cash flows from investing activities:	'	'
Cash paid for business combinations, including adjustments, net of cash acquired	-603,614	0
Purchases of property and equipment	-3,781	-2,490
Purchases of investments	-3,339	-49,586
Sales and maturities of investments	350	0
Cash paid for capitalized software development costs	-1,473	-487
Change in restricted cash and bank time deposits, including long-term portion, and other investing activities, net	-13,316	3,361
Net cash used in investing activities	-625,173	-49,202
Cash flows from financing activities:	'	'
Proceeds from borrowings, net of original issuance discounts	1,103,750	646,750
Repayments of borrowings and other financing obligations	-719,289	-578,276
Payments of debt issuance and other debt-related costs	-8,895	-6,972
Proceeds from exercises of stock options	6,239	1,686
Cash received in CTI Merger	0	10,370
Payments of contingent consideration for business combinations (financing portion)	-2,856	-3,451
Net cash provided by financing activities	378,949	70,107
Effect of exchange rate changes on cash and cash equivalents	887	-870
Net (decrease) increase in cash and cash equivalents	-191,302	46,191
Cash and cash equivalents, beginning of period	378,618	209,973
Cash and cash equivalents, end of period	$187,316	$256,164

BASIS_OF_PRESENTATION_AND_SIGN

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	3 Months Ended
BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES	Apr. 30, 2014
Accounting Policies [Abstract]	'
Basis of Presentation and Significant Accounting Policies	'
	BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES

	Description of Business

	Unless the context otherwise requires, the terms "Verint", "we", "us", and "our" in these notes to condensed consolidated financial statements refer to Verint Systems Inc. and its consolidated subsidiaries.

	Verint is a global leader in Actionable Intelligence solutions. Actionable Intelligence is a necessity in a dynamic world of massive information growth because it empowers organizations with crucial insights and enables decision makers to anticipate, respond, and take action. With Verint solutions and value-added services, organizations of all sizes and across many industries can make more timely and effective decisions. Today, more than 10,000 organizations in over 180 countries, including over 80 percent of the Fortune 100, use Verint solutions to improve enterprise performance and make the world a safer place.

	Our Actionable Intelligence solutions help organizations address three important challenges: Customer Engagement Optimization; Security Intelligence; and Fraud, Risk, and Compliance. We help our customers capture large amounts of information from numerous data types and sources, use analytics to glean insights from the information, and leverage the resulting Actionable Intelligence to help achieve their customer engagement, enhanced security, and risk mitigation goals.

	Headquartered in Melville, New York, we support our customers around the globe directly and with an extensive network of selling and support partners.

	We conduct our business through three operating segments—Enterprise Intelligence, Communications and Cyber Intelligence ("Communications Intelligence"), and Video and Situation Intelligence ("Video Intelligence"). Organizing our business through three operating segments allows us to align our resources and domain expertise to effectively address the Actionable Intelligence market. We address the Customer Engagement Optimization market opportunity through solutions from our Enterprise Intelligence segment. We address the Security Intelligence market opportunity through solutions from our Communications Intelligence segment and Video Intelligence segment, and we address the Fraud, Risk, and Compliance market opportunity through solutions from all three operating segments.

	Preparation of Condensed Consolidated Financial Statements

	The condensed consolidated financial statements included herein have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and on the same basis as the audited consolidated financial statements included in our Annual Report on Form 10-K filed with the U.S. Securities and Exchange Commission (“SEC”) for the year ended January 31, 2014. The condensed consolidated statements of operations, comprehensive income, stockholders’ equity, and cash flows for the periods ended April 30, 2014 and 2013, and the condensed consolidated balance sheet as of April 30, 2014, are not audited but reflect all adjustments that are of a normal recurring nature and that are considered necessary for a fair presentation of the results for the periods shown. The condensed consolidated balance sheet as of January 31, 2014 is derived from the audited consolidated financial statements presented in our Annual Report on Form 10-K for the year ended January 31, 2014. Certain information and disclosures normally included in annual consolidated financial statements have been omitted pursuant to the rules and regulations of the SEC. Because the condensed consolidated interim financial statements do not include all of the information and disclosures required by GAAP for a complete set of financial statements, they should be read in conjunction with the audited consolidated financial statements and notes included in our Annual Report on Form 10-K filed with the SEC for the year ended January 31, 2014. The results for interim periods are not necessarily indicative of a full year’s results.

	Principles of Consolidation

	The accompanying consolidated financial statements include the accounts of Verint Systems Inc., our wholly owned subsidiaries, and a joint venture in which we hold a 50% equity interest. This joint venture functions as a systems integrator for Asian markets and is a variable interest entity in which we are the primary beneficiary. Investments in companies in which we have less than a 20% ownership interest and do not exercise significant influence are accounted for at cost. We include the results of operations of acquired companies from the date of acquisition. All significant intercompany transactions and balances are eliminated.

	Use of Estimates

	The preparation of financial statements in conformity with GAAP requires our management to make estimates and assumptions, which may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.

	Significant Accounting Policies

	Our significant accounting policies are described in Note 1 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended January 31, 2014. There were no significant changes to our significant accounting policies during the three months ended April 30, 2014.

	Recent Accounting Pronouncements

	New Accounting Pronouncements Implemented

	In March 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-05, Foreign Currency Matters (Topic 830): Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity. This new standard is intended to resolve diversity in practice regarding the release into net income of a cumulative translation adjustment upon derecognition of a subsidiary or group of assets within a foreign entity. ASU No. 2013-05 was effective prospectively for us on February 2, 2014. The adoption of this standard did not impact our condensed consolidated financial statements.

	New Accounting Pronouncements To Be Implemented

	In April 2014, the FASB issued ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 raises the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. It is effective for annual reporting periods beginning on or after December 15, 2014. Early adoption is permitted but only for disposals that have not been reported in previously issued financial statements. We are currently reviewing this standard, but we do not expect its adoption to materially impact our condensed consolidated financial statements, absent any disposals of components or groups of components that have a material effect on our financial results in future periods.

	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). ASU No. 2014-09 supersedes the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific revenue recognition guidance throughout the Industry Topics of the Accounting Standards Codification. Additionally, this update supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition-Construction-Type and Production-Type Contracts. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. It is effective for the first interim period within annual reporting periods beginning after December 15, 2016, and early adoption is not permitted. We are currently reviewing this standard to assess the impact on our future condensed consolidated financial statements.

NET_INCOME_LOSS_PER_COMMON_SHA

NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC.	3 Months Ended
	Apr. 30, 2014
Earnings Per Share [Abstract]	'
NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC.	'
	NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC.

	The following table summarizes the calculation of basic and diluted net income (loss) per common share attributable to Verint Systems Inc. for the three months ended April 30, 2014 and 2013:



		Three Months Ended
		April 30,
	(in thousands, except per share amounts)	2014			2013
	Net income (loss)	$	28,819		$	(7,937	)

	Net income attributable to noncontrolling interest	863			1,216

	Net income (loss) attributable to Verint Systems Inc.	27,956			(9,153		)

	Dividends on preferred stock	—			(174		)

	Net income (loss) attributable to Verint Systems Inc. for basic net loss per common share	27,956			(9,327		)

	Dilutive effect of dividends on preferred stock	—			—

	Net income (loss) attributable to Verint Systems Inc. for diluted net loss per common share	$	27,956		$	(9,327	)

	Weighted-average shares outstanding:

	Basic	53,737			51,970

	Dilutive effect of employee equity award plans	1,281			—

	Dilutive effect of assumed conversion of preferred stock	—			—

	Diluted	55,018			51,970

	Net income (loss) per common share attributable to Verint Systems Inc.:

	Basic	$	0.52		$	(0.18	)

	Diluted	$	0.51		$	(0.18	)


	We excluded the following weighted-average common shares underlying stock-based awards and the assumed conversion of our Series A Convertible Preferred Stock from the calculations of diluted net income per common share during the applicable periods because their inclusion would have been anti-dilutive:


		Three Months Ended
		April 30,
	(in thousands)	2014		2013
	Common shares excluded from calculation:

	Stock options and restricted stock-based awards	289		694

	Series A Convertible Preferred Stock	—		504


	Our Series A Convertible Preferred Stock was canceled in conjunction with the CTI Merger on February 4, 2013, as further discussed in Note 9, "Convertible Preferred Stock" and Note 14, "Merger with CTI". The weighted-average common shares underlying the assumed conversion of the Series A Convertible Preferred Stock for the three months ended April 30, 2013 in the table above reflect the Series A Convertible Preferred Stock as outstanding for only four days during that period.

CASH_CASH_EQUIVALENTS_AND_SHOR

CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS	3 Months Ended
	Apr. 30, 2014
Cash, Cash Equivalents, and Short-term Investments [Abstract]	'
Cash, Cash Equivalents and Short-term Investments	'
	CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS

	The following tables summarize our cash, cash equivalents and short-term investments as of April 30, 2014 and January 31, 2014:


		30-Apr-14
	(in thousands)	Cost Basis		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	Cash and cash equivalents:
	Cash and bank time deposits	$	186,780	$	—	$	—	$	186,780

	Money market funds	536		—		—		536

	Total cash and cash equivalents	$	187,316	$	—	$	—	$	187,316


	Short-term investments:
	Commercial paper and corporate debt securities (available-for-sale)	$	9,548	$	6	$	—	$	9,554

	Bank time deposits	26,321		—		—		26,321

	Total short-term investments	$	35,869	$	6	$	—	$	35,875



		31-Jan-14
	(in thousands)	Cost Basis		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	Cash and cash equivalents:
	Cash and bank time deposits	$	314,604	$	—	$	—	$	314,604

	Money market funds	14,023		—		—		14,023

	Commercial paper	49,986		5		—		49,991

	Total cash and cash equivalents	$	378,613	$	5	$	—	$	378,618


	Short-term investments:
	Commercial paper and corporate debt securities (available-for-sale)	$	9,402	$	4	$	—	$	9,406

	Bank time deposits	22,643		—		—		22,643

	Total short-term investments	$	32,045	$	4	$	—	$	32,049


	Bank time deposits which are reported within short-term investments consist of deposits held outside of the U.S. with maturities of greater than three months, or without specified maturity dates which we intend to hold for periods in excess of three months. All other bank deposits are included within cash and cash equivalents.

	As of April 30, 2014 and January 31, 2014, all of our available-for-sale investments had contractual maturities of less than one year. We report our available-for-sale securities at fair value, based on quoted market prices or other readily available market information. Unrealized gains and losses, net of applicable income taxes, are included in accumulated other comprehensive income (loss) within stockholders’ equity on our condensed consolidated balance sheets. Realized gains or losses, if applicable, are recorded in other income (expense), net in our condensed consolidated statement of operations, using the specific identification method. Gains and losses on sales of available-for-sale securities during the three months ended April 30, 2014 and 2013 were not significant.

	During the three months ended April 30, 2014, proceeds from sales and maturities of available-for-sale securities were $0.4 million. There were no proceeds from sales and maturities of available-for-sale securities during the three months ended April 30, 2013.

	We periodically review our investment portfolios to determine if any investment is other-than-temporarily impaired due to changes in credit risk or other potential valuation concerns. We believe that the investments we held at April 30, 2014 were not other-than-temporarily impaired. We held no available-for-sale securities with unrealized losses at April 30, 2014. We do not intend to sell our available-for-sale securities and it is not more likely than not that we will be required to sell them before recovery at par, which may be at maturity.

BUSINESS_COMBINATIONS

BUSINESS COMBINATIONS	3 Months Ended
	Apr. 30, 2014
Business Combinations [Abstract]	'
BUSINESS COMBINATIONS	'
	BUSINESS COMBINATIONS

	Three Months Ended April 30, 2014

	KANA Software, Inc.

	On February 3, 2014, we completed the acquisition of KANA Software, Inc. and its subsidiaries through the merger of KANA Software, Inc.'s parent holding company, Kay Technology Holdings, Inc. (collectively, "KANA"), with an indirect, wholly owned subsidiary of Verint, with KANA continuing as the surviving company and as our wholly owned subsidiary. The purchase price consisted of $542.4 million of cash paid at the closing, partially offset by $25.1 million of KANA’s cash received in the acquisition, and a $0.7 million post-closing purchase price adjustment, resulting in net cash consideration of $516.6 million. The post-closing purchase price adjustment resulted from the final determination of KANA's February 3, 2014 cash, debt, net working capital, transaction expenses and taxes, and was received in cash in May 2014.

	The merger consideration was funded by a combination of cash on hand, $300.0 million of incremental term loans incurred in connection with an amendment to our Credit Agreement, and $125.0 million of borrowings under our 2013 Revolving Credit Facility (further details for which appear in Note 6, "Long-Term Debt").

	KANA, based in Sunnyvale, California and with global operations, is a leading provider of on-premises and cloud-based solutions which create differentiated, personalized, and integrated customer experiences for large enterprises and mid-market organizations. KANA is being integrated into our Enterprise Intelligence operating segment.

	Among the factors contributing to the recognition of goodwill as a component of the KANA purchase price allocation were synergies in products and technologies, and the addition of a skilled, assembled workforce. This goodwill has been assigned to our Enterprise Intelligence segment and while generally not deductible for income tax purposes, certain goodwill related to previous business combinations by KANA will be deductible for income tax purposes.

	In connection with the purchase price allocation for KANA, the estimated fair value of undelivered performance obligations under customer contracts assumed in the merger was determined utilizing a cost build-up approach. The cost build-up approach calculates fair value by estimating the costs required to fulfill the obligations plus a reasonable profit margin, which approximates the amount that we believe would be required to pay a third party to assume the performance obligations. The estimated costs to fulfill the performance obligations were based on the historical direct costs for delivering similar services. As a result, in allocating the purchase price, we recorded $7.9 million of current and long-term deferred revenue, representing the estimated fair value of undelivered performance obligations for which payment had been received, which will be recognized as revenue as the underlying performance obligations are delivered. For undelivered performance obligations for which payment had not yet been received, we recorded an $18.6 million asset within prepaid expenses and other current assets as a component of the purchase price allocation, representing the estimated fair value of these obligations. We are amortizing this asset over the underlying delivery periods, as a reduction to revenue.

	Revenue reported in our condensed consolidated statements of operations for the three months ended April 30, 2014 included $29.9 million attributable to KANA since the February 3, 2014 acquisition date. As a result of the ongoing integration of KANA into our Enterprise Intelligence operating segment, it is impracticable to determine the impact on net income attributable to KANA.

	Transaction and related costs, consisting primarily of professional fees and integration expenses, directly related to the merger, totaled $1.5 million for the three months ended April 30, 2014, and were expensed as incurred.

	UTX Technologies Limited

	On March 31, 2014, we completed the acquisition of all of the outstanding shares of UTX Technologies Limited (“UTX”), a provider of certain mobile device tracking solutions for security applications, from UTX Limited. UTX Limited was our supplier of these products to our Communications Intelligence operating segment prior to the acquisition. The purchase price consisted of $82.9 million of cash paid at closing, subject to adjustment, and we agreed to make potential additional future cash payments to UTX Limited of up to $1.5 million, contingent upon the achievement of certain performance targets over the period from closing through June 30, 2014. The cash paid at closing was funded with cash on hand. The fair value of the contingent consideration obligation was estimated to be $1.3 million as of the acquisition date and at April 30, 2014.

	UTX is based in the Europe, the Middle East and Africa (“EMEA”) region and is being integrated into our Communications Intelligence operating segment.

	Among the factors contributing to the recognition of goodwill as a component of the UTX purchase price allocation were synergies in products and technologies, and the addition of a skilled, assembled workforce. This goodwill has been assigned to our Communications Intelligence segment and is not deductible for income tax purposes.

	Revenue and income before provision for income taxes attributable to UTX from March 31, 2014 through April 30, 2014 were not significant.

	Transaction and related costs, consisting primarily of professional fees and integration expenses, directly related to the acquisition of UTX, totaled $2.6 million for the three months ended April 30, 2014, and were expensed as incurred.

	As a result of the UTX acquisition, we recorded a $2.6 million charge for the impairment of certain capitalized software development costs during the three months ended April 30, 2014, reflecting strategy changes in certain product development initiatives. This charge is reflected within cost of product revenue.

	Other Business Combination

	On April 16, 2014, we completed the acquisition of certain technology and other assets for use in our Communications Intelligence operating segment in a transaction that qualified as a business combination. This business combination was not material to our condensed consolidated financial statements.

	Purchase Price Allocations

	The purchase price allocations for the business combinations completed during the three months ended April 30, 2014 have been prepared on a preliminary basis and changes to those allocations may occur as additional information becomes available during the respective measurement periods (up to one year from the respective acquisition dates). Fair values still under review include values assigned to identifiable intangible assets, deferred income taxes and reserves for uncertain income tax positions.

	The purchase prices were allocated to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values on the acquisition dates, with the remaining unallocated purchase prices recorded as goodwill. The fair values assigned to identifiable intangible assets acquired were determined primarily by using the income approach, which discounts expected future cash flows to present value using estimates and assumptions determined by management.

	The following table sets forth the components and the allocations of the purchase prices for our acquisitions of KANA and UTX.


	(in thousands)		KANA			UTX
	Components of Purchase Prices:

	Cash, including post-closing adjustments		$	541,685		$	82,939

	Fair value of contingent consideration		—			1,347

	Total purchase prices		$	541,685		$	84,286


	Allocation of Purchase Prices:

	Net tangible assets (liabilities):

	Accounts receivable		$	18,473		$	—

Other current assets		48,595			4,157

Other assets, including cash acquired		12,661			977

Current and other liabilities		(15,643		)	(244		)
Deferred revenue - current and long-term		(7,932		)	(340		)
Deferred income taxes - current and long-term		(62,516		)	(5,020		)
Net tangible liabilities		(6,362		)	(470		)
Identifiable intangible assets:

Customer relationships		151,900			2,000

Developed technology		55,500			37,400

Trademarks and trade names		11,500			—

Other intangible assets		—			1,100

Total identifiable intangible assets		218,900			40,500

Goodwill		329,147			44,256

Total purchase price allocations		$	541,685		$	84,286


The weighted-average estimated useful life of all finite-lived identifiable intangible assets acquired during the three months ended April 30, 2014 is 7.4 years.

For the acquisition of KANA, the acquired customer relationships, developed technology, and trademarks and trade names were assigned estimated useful lives of five to ten years, three to five years, and five years, respectively, the weighted average of which is approximately 8.1 years.

For the acquisition of UTX, the acquired customer relationships, developed technology and other intangible assets were assigned estimated useful lives of three years, four years, and four years, respectively, the weighted average of which is approximately 4.0 years.

The acquired identifiable intangible assets are being amortized on a straight-line basis, which we believe approximates the pattern in which the assets are utilized, over their estimated useful lives.

We have included the financial results of these business combinations in our condensed consolidated financial statements from their respective acquisition dates.

Pro Forma Information

The following table provides unaudited pro forma operating results for the three months ended April 30, 2014 and 2013, as if KANA and UTX had been acquired on February 1, 2013. These unaudited pro forma results reflect certain adjustments related to these acquisitions, including amortization expense on finite-lived intangible assets acquired from KANA and UTX, interest expense and fees associated with additional long-term debt incurred to partially fund the acquisition of KANA, and adjustments to recognize the fair value of revenue associated with performance obligations assumed in the acquisition of KANA.

For purposes of the following unaudited pro forma operating results, a $45.2 million income tax benefit resulting from a reduction of valuation allowances associated from the acquisition of KANA is reflected in the pro forma operating results for the three months ended April 30, 2013. The actual tax benefit was recorded during the three months ended April 30, 2014, as further described in Note 10, "Income Taxes".

The unaudited pro forma results do not include any operating efficiencies or potential cost savings which may result from these business combinations. Accordingly, such unaudited pro forma amounts are not necessarily indicative of the results that actually would have occurred had the acquisitions been completed on February 1, 2013, nor are they indicative of future operating results.


		Three Months Ended
		April 30,
(in thousands, except per share amounts)		2014			2013
Revenue		$	269,713		$	227,162

Net (loss) income		$	(2,808	)	$	12,419

Net (loss) income attributable to Verint Systems Inc.		$	(3,671	)	$	11,203

Net (loss) income per common share attributable to Verint Systems Inc.:
Basic		$	(0.07	)	$	0.21

Diluted		$	(0.07	)	$	0.21


Business Combinations in Prior Periods

In connection with certain business combinations completed in prior periods, we have agreed to make contingent cash payments to the former shareholders or asset holders of the acquired businesses based upon achievement of performance targets following the acquisition dates. These obligations are measured at fair value at each reporting date.

For the three months ended April 30, 2014 and 2013, we recorded a benefit of $0.2 million and a charge of $0.8 million, respectively, within selling, general and administrative expenses for changes in the fair values of these obligations, which primarily reflected the impacts of revised expectations of achieving the performance targets. Payments of contingent consideration earned under these agreements were $3.1 million and $3.9 million for the three months ended April 30, 2014 and 2013, respectively.

For a certain business combination completed during the year ended January 31, 2012, the purchase price allocation included liabilities for uncertain tax positions and certain other liabilities associated with pre-acquisition business activities of the acquired company. Corresponding indemnification assets were also recorded as components of the purchase price allocation for this acquisition, recognizing the selling shareholders’ contractual obligation to indemnify us for these pre-acquisition liabilities and were measured on the same basis as the corresponding liabilities. As of April 30, 2014 and January 31, 2014, the combined current and long-term liabilities for these matters were $3.5 million and $3.4 million, respectively. The corresponding current and long-term indemnification assets associated with these liabilities were $2.3 million at both April 30, 2014 and January 31, 2014.

INTANGIBLE_ASSETS_AND_GOODWILL

INTANGIBLE ASSETS AND GOODWILL	3 Months Ended
	Apr. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
INTANGIBLE ASSETS AND GOODWILL	'
	INTANGIBLE ASSETS AND GOODWILL

	Acquisition-related intangible assets consisted of the following as of April 30, 2014 and January 31, 2014:



			April 30, 2014
	(in thousands)		Cost			Accumulated				Net
						Amortization
	Intangible assets with finite lives:

	Customer relationships		$	397,005		$	(152,758	)		$	244,247

	Acquired technology		204,799			(83,924		)		120,875

	Trade names		25,249			(12,351		)		12,898

	Non-competition agreements		6,619			(5,166		)		1,453

	Distribution network		4,440			(1,957		)		2,483

	Backlog		386			(320		)		66

	Total intangible assets with finite lives		638,498			(256,476		)		382,022

	In-process research and development, with indefinite lives		1,700			—				1,700

	Total		$	640,198		$	(256,476	)		$	383,722




			January 31, 2014
	(in thousands)		Cost			Accumulated				Net
						Amortization
	Intangible assets with finite lives:

	Customer relationships		$	240,208		$	(141,714	)		$	98,494

	Acquired technology		106,361			(76,922		)		29,439

	Trade names		13,378			(11,378		)		2,000

	Non-competition agreements		5,514			(4,970		)		544

	Distribution network		2,440			(1,840		)		600

	Backlog		386			(316		)		70

	Total intangible assets with finite lives		368,287			(237,140		)		131,147

	In-process research and development, with indefinite lives		1,700			—				1,700

	Total		$	369,987		$	(237,140	)		$	132,847


	The following table presents net acquisition-related intangible assets by reportable segment as of April 30, 2014 and January 31, 2014:


			April 30,			January 31,
	(in thousands)		2014			2014

	Enterprise Intelligence		$	324,423		$	115,928

Communications Intelligence		57,521			14,856

Video Intelligence		1,778			2,063

Total		$	383,722		$	132,847


The reported amount of net acquisition-related intangible assets can fluctuate from the impact of changes in foreign exchange rates on intangible assets not denominated in U.S. dollars.

Total amortization expense recorded for acquisition-related intangible assets was $17.6 million and $9.7 million for the three months ended April 30, 2014 and 2013, respectively.

Estimated future amortization expense on finite-lived acquisition-related intangible assets as of April 30, 2014 is as follows:


(in thousands)

Years Ending January 31,		Amount

2015 (remainder of year)		$	61,112

2016		78,605

2017		75,012

2018		55,164

2019		26,016

2020 and thereafter		86,113

Total		$	382,022


Goodwill represents the excess of the purchase price in a business combination over the fair value of net tangible and identifiable intangible assets acquired. At the acquisition date, goodwill resulting from a business combination is assigned to those reporting units expected to benefit from the synergies of the combination. Reporting units may either be at, or one level below, our operating segment level.

Goodwill activity for the three months ended April 30, 2014, in total and by reportable segment, was as follows:


					Reportable Segment
(in thousands)		Total			Enterprise				Communications			Video
					Intelligence				Intelligence			Intelligence
Year Ended January 31, 2014:
Goodwill, gross, at January 31, 2014		$	920,254		$	795,722			$	47,838		$	76,694

Accumulated impairment losses through January 31, 2014		(66,865		)	(30,791		)		—			(36,074		)

Goodwill, net, at January 31, 2014		853,389			764,931				47,838			40,620

Business combinations		377,479			329,147				48,332			—

Foreign currency translation and other		12,092			11,217				427			448

Goodwill, net, at April 30, 2014		$	1,242,960		$	1,105,295			$	96,597		$	41,068


Balance at April 30, 2014:

Goodwill, gross, at April 30, 2014		$	1,309,825		$	1,136,086			$	96,597		$	77,142

Accumulated impairment losses through April 30, 2014		(66,865		)	(30,791		)		—			(36,074		)

Goodwill, net, at April 30, 2014		$	1,242,960		$	1,105,295			$	96,597		$	41,068


No events or circumstances indicating the potential for goodwill impairment were identified during the three months ended April 30, 2014.

LONGTERM_DEBT

LONG-TERM DEBT	3 Months Ended
	Apr. 30, 2014
Long-term Debt, Unclassified [Abstract]	'
LONG-TERM DEBT	'
	LONG-TERM DEBT

	The following table summarizes our long-term debt at April 30, 2014 and January 31, 2014:


			April 30,				January 31,
	(in thousands)		2014				2014
	February 2014 Term Loans:
	Gross borrowings		$	300,000			$	—

	Unamortized debt discount		(720		)		—

	February 2014 Term Loans, net		299,280				—

	March 2014 Term Loans		643,500				—

	March 2013 Term Loans:

	Gross borrowings		—				645,125

	Unamortized debt discount		—				(2,827		)

	March 2013 Term Loans, net		—				642,298

	Borrowings under 2013 Revolving Credit Facility		87,000				—

	Other debt		81				87

	Total debt		1,029,861				642,385

	Less: current maturities		9,496				6,555

	Long-term debt		$	1,020,365			$	635,830


	In April 2011, we entered into a credit agreement (together with the subsequent amendments discussed herein, the “Credit Agreement") with our lenders and concurrently terminated a prior credit agreement. The Credit Agreement provided for $770.0 million of secured credit facilities, comprised of $600.0 million of term loans maturing in October 2017 (the “April 2011 Term Loans) and a $170.0 million revolving credit facility maturing in April 2016 (the “2011 Revolving Credit Facility”), subject to increase (up to a maximum increase of $300.0 million) and reduction from time to time.

	The April 2011 Term Loans were subject to an original issuance discount of 0.50%, or $3.0 million, resulting in net proceeds of $597.0 million. The discount was being amortized as interest expense over the term of the April 2011 Term Loans using the effective interest method. We incurred debt issuance costs of $14.8 million associated with the Credit Agreement, which were deferred and were classified within other assets, and were being amortized as interest expense over the term of the Credit Agreement.

	On March 6, 2013, we entered into an amendment and restatement agreement with our lenders, providing for the amendment and restatement of the Credit Agreement. This amendment and restatement agreement provided for $850.0 million of senior secured credit facilities, comprised of (i) $650.0 million of term loans maturing in September 2019 (the "March 2013 Term Loans") and (ii) a $200.0 million revolving credit facility maturing in March 2018 (the “2013 Revolving Credit Facility”), subject to increase (up to a maximum increase of $300.0 million) and reduction from time to time.

	The March 2013 Term Loans were subject to an original issuance discount of 0.50%, or $3.3 million, resulting in net proceeds of $646.7 million. The discount was being amortized as interest expense over the term of the March 2013 Term Loans using the effective interest method.

	The majority of the proceeds of the March 2013 Term Loans were used to repay all $576.0 million of outstanding April 2011 Term Loans at the March 6, 2013 closing date of the amendment and restatement agreement. There were no outstanding borrowings under the 2011 Revolving Credit Facility at the closing date.

	As further described below, on March 7, 2014, the March 2013 Term Loans were extinguished and replaced with the March 2014 Term Loans, and the basis for determining the interest rate on borrowings under the 2013 Revolving Credit Facility was also amended.

	From March 6, 2013 through March 6, 2014, the March 2013 Term Loans and borrowings under the 2013 Revolving Credit Facility, if any, incurred interest, payable quarterly or, in the case of Eurodollar loans with an interest period of three months or shorter, at the end of any interest period, at a per annum rate of, at our election:

	(a) in the case of Eurodollar loans, the Adjusted LIBO Rate plus 3.00% (or, if our corporate credit ratings are BB- and Ba3 or better, 2.75%). The Adjusted LIBO Rate is the greater of (i) 1.00% per annum and (ii) the product of the LIBO Rate and Statutory Reserves (both as defined in the Credit Agreement), and

	(b) in the case of Base Rate loans, the Base Rate plus 2.00% (or, if our corporate credit ratings are BB- and Ba3 or better, 1.75%). The Base Rate is the greatest of (i) the administrative agent's prime rate, (ii) the Federal Funds Effective Rate (as defined in the Credit Agreement) plus 0.50% and (iii) the Adjusted LIBO Rate for a one-month interest period plus 1.00%.

	As of January 31, 2014, the interest rate on the March 2013 Term Loans was 4.00%.

	At the March 6, 2013 closing date of the amendment and restatement agreement, there were $11.0 million of unamortized deferred fees and $2.2 million of unamortized original issuance discount associated with the April 2011 Term Loans and the 2011 Revolving Credit Facility. Of these $11.0 million of unamortized deferred fees, $3.5 million were associated with commitments under the 2011 Revolving Credit Facility provided by lenders that continued to provide revolving credit commitments under the 2013 Revolving Credit Facility and therefore continued to be deferred, and were being amortized over the remaining term of the Credit Agreement. The remaining $7.5 million of unamortized deferred fees and the $2.2 million unamortized original issuance discount, all of which related to the April 2011 Term Loans, were written off as a $9.7 million loss on extinguishment of debt in the year ended January 31, 2014.

	We incurred debt issuance costs of approximately $7.5 million associated with the March 2013 Term Loans and the 2013 Revolving Credit Facility, which were deferred and classified within other assets and were being amortized as interest expense over the remaining term of the Credit Agreement. Of these deferred costs, $5.0 million were associated with the March 2013 Term Loans and were being amortized using the effective interest rate method, and $2.5 million were associated with the 2013 Revolving Credit Facility and were being amortized on a straight-line basis.

	We are required to pay a commitment fee equal to 0.50% per annum of the undrawn portion on the 2013 Revolving Credit Facility, payable quarterly, and customary administrative agent and letter of credit fees. These fees were unchanged from the 2011 Revolving Credit Facility.

	We were required to make principal payments of $1.6 million per quarter on the March 2013 Term Loans through August 1, 2019, with the remaining balance due in September 2019.

During the three months ended April 30, 2014, we entered into four separate amendments to the Credit Agreement as described below. On February 3, 2014, in connection with the acquisition of KANA, we borrowed $125.0 million under the 2013 Revolving Credit Facility and entered into Amendment No. 1 pursuant to which, on such date, we incurred $300.0 million of incremental term loans (the “February 2014 Term Loans”). The net proceeds of these borrowings were used to fund a portion of the KANA purchase price.

The February 2014 Term Loans were subject to an original issuance discount of 0.25%, or $0.8 million, which is being amortized as interest expense over the term of the February 2014 Term Loans using the effective interest method.

The February 2014 Term Loans bear interest, payable quarterly or, in the case of Eurodollar loans with an interest period of three months or less, at the end of the applicable interest period, at a per annum rate of, at our election:

(a) in the case of Eurodollar loans, the Adjusted LIBO Rate plus 2.75%. The Adjusted LIBO Rate is the greater of (i) 0.75% per annum and (ii) the product of (x) the LIBO Rate and (y) Statutory Reserves (both as defined in the Credit Agreement), and

(b) in the case of Base Rate loans, the Base Rate plus 1.75%. The Base Rate is the greatest of (i) the administrative agent’s prime rate, (ii) the Federal Funds Effective Rate (as defined in the Credit Agreement) plus 0.50% and (iii) the Adjusted LIBO Rate for a one-month interest period plus 1.00%.

As of April 30, 2014, the interest rate on the February 2014 Term Loans was 3.50%. Including the impact of the 0.25% original issuance discount and related deferred debt issuance costs, the effective interest rate on the February 2014 Term Loans was approximately 4.02% at such date.

We incurred debt issuance costs of approximately $7.0 million associated with the February 2014 Term Loans, which have been deferred and are classified within other assets and are being amortized as interest expense over the term of the February 2014 Term Loans using the effective interest rate method.

We are required to make principal payments of $0.8 million per quarter on the February 2014 Term Loans commencing on May 1, 2014 and continuing through August 1, 2019, with the remaining balance due in September 2019. Optional prepayments of the February 2014 Term Loans are permitted without premium or penalty, other than customary breakage costs associated with the prepayment of loans bearing interest based on LIBO Rates and a 1.0% premium applicable in the event of specified repricing transactions prior to September 8, 2014.

On February 3, 2014, we also entered into Amendment No. 2 to, among other things, (i) permit us to increase the permitted amount of additional incremental term loans and revolving credit commitments under the Credit Agreement (beyond the February 2014 Term Loans borrowed under Amendment No. 1) by up to, in the aggregate, $200.0 million plus an additional amount such that the First Lien Leverage Ratio (as defined in Amendment No. 2) would not exceed the specified maximum ratio set forth therein, (ii) increase the size of certain negative covenant basket carve-outs, (iii) permit us to issue Permitted Convertible Indebtedness (as defined in Amendment No. 2), and (iv) permit us to refinance all or a portion of any existing class of term loans under the Credit Agreement with replacement term loans.

Further, on February 3, 2014, we entered into Amendment No. 3 to extend by one year, to January 31, 2016, the step-down date of the leverage ratio covenant applicable to our 2013 Revolving Credit Facility and, subject to the effectiveness of Amendment No. 4 (as described below), reprice the interest rate applicable to borrowings under the 2013 Revolving Credit Facility to the interest rate applicable to the February 2014 Term Loans.

On March 7, 2014, we entered into Amendment No. 4 to refinance all $643.5 million of outstanding March 2013 Term Loans at that date with $643.5 million of new term loans (the “March 2014 Term Loans”). The provisions for determining the interest rate on the March 2014 Term Loans is identical to such provisions for the February 2014 Term Loans. The repricing of the interest rate applicable to borrowings under the 2013 Revolving Credit Facility contemplated by Amendment No. 3 became effective on March 7, 2014, upon the effectiveness of Amendment No. 4.

As of April 30, 2014, the interest rate on the March 2014 Term Loans was 3.50%. Including the impact the related deferred debt issuance costs, the effective interest rate on the March 2014 Term Loans was approximately 3.58% at such date.

We are required to make principal payments of $1.6 million per quarter on the March 2014 Term Loans through August 1, 2019, with the remaining balance due in September 2019. Optional prepayments of the loans are permitted without premium or penalty, other than customary breakage costs associated with the prepayment of loans bearing interest based on LIBO Rates. The March 2014 Term Loans otherwise retained all of the terms and conditions of the March 2013 Term Loans.

The loans under the Credit Agreement are subject to mandatory prepayment requirements with respect to certain asset sales, excess cash flows (as defined in the Credit Agreement), and certain other events. Prepayments are applied first to the eight immediately following scheduled term loan principal payments, then pro rata to other remaining scheduled term loan principal payments, if any, and thereafter as otherwise provided in the Credit Agreement.

The refinancing of the March 2013 Term Loans with the March 2014 Term Loans pursuant to Amendment No. 4 was accounted for as an extinguishment of the March 2013 Term Loans, and as a result, $4.3 million of unamortized deferred fees and $2.8 million of unamortized original issuance discount associated with the March 2013 Term Loans as of the March 7, 2014 effective date of Amendment No. 4 were written off as a $7.1 million loss on extinguishment of debt for the three months ended April 30, 2014.

We incurred $2.5 million of fees in consideration of Amendment No. 4, which have been deferred and are classified within other assets and are being amortized as interest expense over the remaining term of the March 2014 Term Loans using the effective interest rate method. There was no original issuance discount on the March 2014 Term Loans.

Borrowings under the 2013 Revolving Credit Facility were $87.0 million at April 30, 2014. The initial interest rate on the February 3, 2014 borrowings under the 2013 Revolving Credit Facility was 4.00%, but was adjusted to 3.50% on March 7, 2014, as further described above, and remained at 3.50% at April 30, 2014.

As of April 30, 2014, future scheduled principal payments on the February 2014 Term Loans and March 2014 Term Loans are as presented in the following table:


(in thousands)		Feb-14				March
						2014
Years Ending January 31,		Term Loans				Term Loans
2015 (remainder of year)		$	2,250			$	4,826

2016		3,000				6,435

2017		3,000				6,435

2018		3,000				6,435

2019		3,000				6,435

2020		285,750				612,934

Total		$	300,000			$	643,500


We incurred interest on borrowings under our credit facilities of $9.2 million and $6.4 million during the three months ended April 30, 2014 and 2013, respectively. In addition, we recorded $0.7 million and $0.6 million during the three months ended April 30, 2014 and 2013, respectively, for amortization of our deferred debt issuance costs, which is also reported within interest expense on our condensed consolidated statements of operations. We also recorded $0.1 million during each of the three months ended April 30, 2014 and 2013 for amortization of original issuance term loan discounts, which is also reported within interest expense on our condensed consolidated statements of operations.

Our obligations under the Credit Agreement are guaranteed by substantially all of our domestic subsidiaries and certain foreign subsidiaries that have elected to be disregarded for U.S. tax purposes, and are secured by security interests in substantially all of our and their assets, subject to certain exceptions detailed in the Credit Agreement and related ancillary documents.

The Credit Agreement contains certain customary affirmative and negative covenants for credit facilities of this type, which include limitations on us and our subsidiaries with respect to indebtedness, liens, nature of business, investments and loans, distributions, acquisitions, dispositions of assets, sale-leaseback transactions and transactions with affiliates. The 2013 Revolving Credit Facility also contains a financial covenant that requires us to maintain a ratio of Consolidated Total Debt to Consolidated EBITDA (each as defined in the Credit Agreement) of no greater than 5.00 to 1 until January 31, 2016 (as amended on February 3, 2014 by Amendment No. 3, as described above) and no greater than 4.50 to 1 thereafter (the "Leverage Ratio Covenant"). The limitations imposed by the covenants are subject to certain exceptions as detailed in the Credit Agreement.

The Credit Agreement provides for certain customary events of default with corresponding grace periods. These events of default include failure to pay principal or interest when due under the Credit Agreement, failure to comply with covenants, any representation or warranty made by us proving to be inaccurate in any material respect, defaults under certain other indebtedness of ours or our subsidiaries, the occurrence of a Change of Control (as defined in the Credit Agreement) with respect to us and certain insolvency or receivership events affecting us or our significant subsidiaries. Upon the occurrence of an event of default resulting from a violation of the Leverage Ratio Covenant, the lenders under our 2013 Revolving Credit Facility may require us to immediately repay outstanding borrowings under the 2013 Revolving Credit Facility and may terminate their commitments to provide loans under that facility. A violation of the Leverage Ratio Covenant would not, by itself, result in an event of default under the February 2014 Term Loans or March 2014 Term Loans but may trigger a cross-default under the term loans in the event we are required to repay outstanding borrowings under the 2013 Revolving Credit Facility. Upon the occurrence of other events of default, the lenders may require us to immediately repay all outstanding borrowings under the Credit Agreement and the lenders under our 2013 Revolving Credit Facility may terminate their commitments to provide loans under the facility.

Our other debt at April 30, 2014 consisted of $0.1 million of development bank and government debt, related to a past business combination.

SUPPLEMENTAL_CONDENSED_CONSOLI

SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION	3 Months Ended
	Apr. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
SUPPLEMENTAL CONSOLIDATED FINANCIAL STATEMENT INFORMATION	'
	SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION

	Condensed Consolidated Balance Sheets

	Inventories consisted of the following as of April 30, 2014 and January 31, 2014:


		April 30,			January 31,
	(in thousands)	2014			2014
	Raw materials	$	7,522		$	3,190

	Work-in-process	7,576			5,645

	Finished goods	1,641			1,858

	Total inventories	$	16,739		$	10,693


	Condensed Consolidated Statements of Operations

	Other income (expense), net consisted of the following for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Foreign currency gains (losses), net	$	3,195		$	(1,720	)

	(Losses) gains on derivative financial instruments, net	(737		)	430

	Other, net	370			(518		)

	Total other income (expense), net	$	2,828		$	(1,808	)


	Condensed Consolidated Statements of Cash Flows

	The following table provides supplemental information regarding our condensed consolidated cash flows for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Cash paid for interest	$	9,850		$	6,985

	Cash payments of income taxes, net of refunds received	$	3,477		$	2,685

	Non-cash investing and financing transactions:

	Net non-cash assets acquired in CTI Merger	$	—		$	3,727

	Accrued but unpaid purchases of property and equipment	$	780		$	792

	Inventory transfers to property and equipment	$	25		$	153

	Liabilities for contingent consideration in business combinations	$	4,947		$	—

	Stock options exercised, proceeds received subsequent to period end	$	106		$	1

	Purchases under supplier financing arrangements	$	280		$	—

	Accrued but unpaid debt issuance and other debt-related costs	$	363		$	741

STOCKHOLDERS_EQUITY

STOCKHOLDERS' EQUITY	3 Months Ended
	Apr. 30, 2014
Stockholders' Equity Note [Abstract]	'
STOCKHOLDERS' EQUITY	'
	STOCKHOLDERS’ EQUITY

	Dividends on Common Stock

	We did not declare or pay any dividends on our common stock during the three months ended April 30, 2014 and 2013. Commencing in May 2007, with our issuance of Series A Convertible Preferred Stock and our entry into a prior credit agreement, and continuing under the terms of our current Credit Agreement, we are subject to certain restrictions on declaring and paying dividends on our common stock. Our Series A Convertible Preferred Stock was canceled on February 4, 2013 in connection with the CTI Merger, further details of which appear in Note 14, "Merger with CTI".

	Treasury Stock

	Repurchased shares of common stock are recorded as treasury stock, at cost. At April 30, 2014 and January 31, 2014, we held approximately 302,000 shares of treasury stock with a cost of $8.0 million.

	We did not acquire any treasury stock during the three months ended April 30, 2014 and 2013.

	Accumulated Other Comprehensive Loss

	Accumulated other comprehensive income (loss) includes items such as foreign currency translation adjustments and unrealized gains and losses on certain marketable securities and derivative financial instruments designated as hedges. Accumulated other comprehensive income (loss) is presented as a separate line item in the stockholders’ equity section of our condensed consolidated balance sheets. Accumulated other comprehensive income (loss) items have no impact on our net income as presented in our condensed consolidated statements of operations.

	The following table summarizes changes in the components of our accumulated other comprehensive loss by component for the three months ended April 30, 2014:


	(in thousands)	Unrealized Gains on Derivative Financial Instruments Designated as Hedges			Unrealized Gains on Available-for-Sale Investments			Foreign Currency Translation Adjustments			Total
	Accumulated other comprehensive income (loss) at January 31, 2014	$	1,485		$	9		$	(41,219	)	$	(39,725	)

	Other comprehensive income (loss) before reclassifications	1,004			(3		)	16,710			17,711

	Amounts reclassified out of accumulated other comprehensive income (loss)	(795		)	—			—			(795		)

	Net other comprehensive income (loss), current period	209			(3		)	16,710			16,916

	Accumulated other comprehensive income (loss) at April 30, 2014	$	1,694		$	6		$	(24,509	)	$	(22,809	)


	All amounts presented in the table above are net of income taxes, if applicable.

	The amounts reclassified out of accumulated other comprehensive loss into the condensed consolidated statements of operations, with presentation location, for the three months ended April 30, 2014 and 2013 were as follows:


		Three Months Ended						Affected Line Items in the Condensed Consolidated Statement of Operations
		April 30,
	(in thousands)	2014			2013
	Unrealized (gains) on derivative financial instruments:
	Foreign currency forward contracts	$	(65	)	$	(66	)	Cost of product revenue
		(61		)	(66		)	Cost of service revenue
		(481		)	(438		)	Research and development, net
		(223		)	(210		)	Selling, general and administrative
		(830		)	(780		)	Total before provision for income taxes
		35			70			Provision for income taxes

		$	(795	)	$	(710	)	Total, net of income taxes

	Noncontrolling Interest

	The noncontrolling interest presented in our condensed consolidated financial statements reflects a 50% noncontrolling equity interest in a joint venture which functions as a systems integrator for Asian markets.

CONVERTIBLE_PREFERRED_STOCK

CONVERTIBLE PREFERRED STOCK	3 Months Ended
CONVERTIBLE PREFERRED STOCK	Apr. 30, 2014
Equity [Abstract]	'
CONVERTIBLE PREFERRED STOCK	'
	CONVERTIBLE PREFERRED STOCK

	On May 25, 2007, we entered into an agreement with CTI whereby CTI purchased 293,000 shares of our Series A Convertible Preferred Stock for an aggregate cash purchase price of $293.0 million.

	On February 4, 2013, the CTI Merger was completed and eliminated CTI's majority ownership and control of us. Each of the 293,000 outstanding shares of Series A Convertible Preferred Stock, all of which was held by CTI, was canceled upon completion of the CTI Merger. Upon cancellation of these 293,000 shares of Series A Convertible Preferred Stock, our authorized shares of preferred stock were reduced from 2,500,000 shares to 2,207,000 shares, in accordance with the certificate of designation for the Series A Convertible Preferred Stock.

	Further details regarding the CTI Merger appear in Note 14, "Merger Agreement with CTI".

INCOME_TAXES

INCOME TAXES	3 Months Ended
INCOME TAXES	Apr. 30, 2014
Income Tax Disclosure [Abstract]	'
INCOME TAXES	'
	INCOME TAXES

	Our interim provision for income taxes is measured using an estimated annual effective tax rate, adjusted for discrete items that occur within the periods presented. The comparison of our effective tax rate between periods is significantly impacted by the level and mix of earnings and losses by tax jurisdiction, foreign income tax rate differentials, amount of permanent book to tax differences, the impact of unrecognized tax benefits, and the effects of valuation allowances on certain loss jurisdictions.

	For the three months ended April 30, 2014, we recorded an income tax benefit of $42.1 million on a pre-tax loss of $13.3 million, which represented an effective income tax benefit rate of 317.2%. The current period income tax benefit is primarily attributable to the release of $45.2 million of Verint valuation allowances. We maintain valuation allowances on our net U.S. deferred income tax assets related to federal and certain state jurisdictions. In connection with the acquisition of KANA, we recorded deferred income tax liabilities primarily attributable to acquired intangible assets to the extent the amortization will not be deductible for tax purposes. Under accounting guidelines, because the amortization of the intangible assets in future periods provides a source of taxable income, we expect to realize a portion of our existing deferred income tax assets. As such, we have reduced the valuation allowance recorded on our deferred income tax assets to the extent of the deferred income tax liabilities recorded. Because the valuation allowance related to existing Verint deferred income tax assets, the impact of the release is reflected as a discrete income tax benefit and not as a component of the KANA acquisition accounting. The effective income tax rate was also affected by the mix and levels of income and losses among taxing jurisdictions. Pre-tax income in our profitable jurisdictions, where we recorded tax provisions, was less than our domestic losses where we maintain valuation allowances and did not record the related tax benefits. Excluding the income tax benefit attributable to the valuation allowance release, the result was an income tax provision of $3.1 million on a pre-tax loss $13.3 million, resulting in a negative effective tax rate of 23.2%.

	For the three months ended April 30, 2013, we recorded a $3.1 million provision for income taxes on a pre-tax loss of $4.8 million, which represented a negative effective income tax rate of 64.2%. The income tax provision does not include income tax benefits on losses incurred by certain domestic operations where we maintain valuation allowances and is mainly the result of the activities of profitable jurisdictions. Our pre-tax income in profitable jurisdictions, where we record tax provisions, was lower than domestic losses where we maintain valuation allowances and do not record tax benefits, resulting in a negative effective income tax rate.

	As required by the authoritative guidance on accounting for income taxes, we evaluate the realizability of deferred income tax assets on a jurisdictional basis at each reporting date. Accounting for income taxes guidance requires that a valuation allowance be established when it is more-likely-than-not that all or a portion of the deferred income tax assets will not be realized. In circumstances where there is sufficient negative evidence indicating that the deferred income tax assets are not more-likely-than-not realizable, we establish a valuation allowance. We determined that there is sufficient negative evidence to maintain the valuation allowances against our federal and certain state and foreign deferred income tax assets as a result of historical losses in the most recent three-year period in the U.S. and in certain foreign jurisdictions. We intend to maintain valuation allowances until sufficient positive evidence exists to support a reversal.

	We had unrecognized tax benefits of $151.5 million and $145.4 million (excluding interest and penalties) as of April 30, 2014 and January 31, 2014, respectively. The accrued liability for interest and penalties was $10.2 million and $8.7 million at April 30, 2014 and January 31, 2014, respectively. Interest and penalties are recorded as a component of the provision for income taxes in our condensed consolidated statements of operations. As of April 30, 2014 and January 31, 2014, the total amount of unrecognized tax benefits that, if recognized, would impact our effective tax rate were approximately $145.8 million and $139.7 million, respectively. We regularly assess the adequacy of our provisions for income tax contingencies in accordance with the applicable authoritative guidance on accounting for income taxes. As a result, we may adjust the reserves for unrecognized tax benefits for the impact of new facts and developments, such as changes to interpretations of relevant tax law, assessments from taxing authorities, settlements with taxing authorities, and lapses of statutes of limitation. Further, we believe that it is reasonably possible that the total amount of unrecognized tax benefits at April 30, 2014 could decrease by approximately $3.2 million in the next twelve months as a result of settlement of certain tax audits or lapses of statutes of limitation. Such decreases may involve the payment of additional taxes, the adjustment of deferred income taxes including the need for additional valuation allowances, and the recognition of tax benefits. Our income tax returns are subject to ongoing tax examinations in several jurisdictions in which we operate. We also believe that it is reasonably possible that new issues may be raised by tax authorities or developments in tax audits may occur which would require increases or decreases to the balance of reserves for unrecognized tax benefits; however, an estimate of such changes cannot reasonably be made.

FAIR_VALUE_MEASUREMENTS

FAIR VALUE MEASUREMENTS	3 Months Ended
	Apr. 30, 2014
Fair Value Disclosures [Abstract]	'
FAIR VALUE MEASUREMENTS	'
	FAIR VALUE MEASUREMENTS

	Fair value is defined as the price that would be received from selling an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. When determining the fair value measurements for assets and liabilities required to be recorded at fair value, we consider the principal or most advantageous market in which we would transact and consider assumptions that market participants would use when pricing the asset or liability, such as inherent risk, transfer restrictions, and risk of nonperformance.

	Accounting guidance establishes a fair value hierarchy that requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair value. An instrument’s categorization within the fair value hierarchy is based upon the lowest level of input that is significant to the fair value measurement. This fair value hierarchy consists of three levels of inputs that may be used to measure fair value:

	•Level 1: quoted prices in active markets for identical assets or liabilities;


	•	Level 2: inputs other than Level 1 that are observable, either directly or indirectly, such as quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities; or


	•	Level 3: unobservable inputs that are supported by little or no market activity.

	We review the fair value hierarchy classification of our applicable assets and liabilities at each reporting period. Changes in the observability of valuation inputs may result in transfers within the fair value measurement hierarchy. There were no transfers between levels of the fair value measurement hierarchy during the three months ended April 30, 2014 and 2013.

	Assets and Liabilities Measured at Fair Value on a Recurring Basis

	Our assets and liabilities measured at fair value on a recurring basis consisted of the following as of April 30, 2014 and January 31, 2014:


			April 30, 2014
			Fair Value Hierarchy Category
	(in thousands)		Level 1			Level 2			Level 3
	Assets:

	Money market funds		$	536		$	—		$	—

	Short-term investments, classified as available-for-sale		—			9,554			—

	Foreign currency forward contracts		—			2,154			—

	Total assets		$	536		$	11,708		$	—

	Liabilities:

	Foreign currency forward contracts		$	—		$	920		$	—

	Contingent consideration - business combinations		—			—			19,119

	Total liabilities		$	—		$	920		$	19,119




			31-Jan-14
			Fair Value Hierarchy Category
	(in thousands)		Level 1			Level 2			Level 3
	Assets:

	Money market funds		$	14,023		$	—		$	—

	Commercial paper (1)		—			49,991			—

	Short-term investments, classified as available for sale		—			9,406			—

	Foreign currency forward contracts		—			2,466			—

	Total assets		$	14,023		$	61,863		$	—

	Liabilities:

	Foreign currency forward contracts		$	—		$	846		$	—

Contingent consideration - business combinations		—			—			17,307

Total liabilities		$	—		$	846		$	17,307


(1) Commercial paper investments with remaining maturities of three months or less at time of purchase, classified within
cash and cash equivalents.

The following table presents the changes in the estimated fair values of our liabilities for contingent consideration measured using significant unobservable inputs (Level 3) for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
(in thousands)		2014			2013
Fair value measurement at beginning of period		$	17,307		$	25,041

Contingent consideration liabilities recorded for business combinations		4,947			—

Changes in fair values, recorded in operating expenses		(194		)	757

Payments of contingent consideration		(3,080		)	(3,928		)
Foreign exchange translation and other		139			—

Fair value measurement at end of period		$	19,119		$	21,870


Our estimated liability for contingent consideration represents potential payments of additional consideration for business combinations, payable if certain defined performance goals are achieved. Changes in fair value of contingent consideration are recorded in the condensed consolidated statements of operations within selling, general and administrative expenses.

Fair Value Measurements

Money Market Funds - We value our money market funds using quoted active market prices for such funds.

Short-term Investments - Short-term investments represent investments in commercial paper and corporate bonds classified as available-for-sale. Investments in commercial paper with remaining maturities of three months or less at time of purchase are classified within cash and cash equivalents. The fair values of these investments are estimated using observable market prices for identical securities that are traded in less-active markets, if available. When observable market prices for identical securities are not available, we value these short-term investments using non-binding market price quotes from brokers which we review for reasonableness using observable market data; quoted market prices for similar instruments; or pricing models, such as a discounted cash flow model.

Foreign Currency Forward Contracts - The estimated fair value of foreign currency forward contracts is based on quotes received from the counterparties thereto. These quotes are reviewed for reasonableness by discounting the future estimated cash flows under the contracts, considering the terms and maturities of the contracts and market exchange rates using readily observable market prices for similar contracts.

Contingent Consideration - Business Combinations - The fair value of the contingent consideration related to business combinations is estimated using a probability-adjusted discounted cash flow model. These fair value measurements are based on significant inputs not observable in the market. The key internally developed assumptions used in these models are discount rates and the probabilities assigned to the milestones to be achieved. We remeasure the fair value of the contingent consideration at each reporting period, and any changes in fair value resulting from either the passage of time or events occurring after the acquisition date, such as changes in discount rates, or in the expectations of achieving the performance targets, are recorded within selling, general, and administrative expenses. Increases or decreases in discount rates would have inverse impacts on the related fair value measurements, while favorable or unfavorable changes in expectations of achieving performance targets would result in corresponding increases or decreases in the related fair value measurements. We utilized discount rates ranging from 1.1% to 40.0% in our calculations of the estimated fair values of our contingent consideration liabilities as of April 30, 2014. We utilized discount rates ranging from 1.1% to 27.0% in our calculations of the estimated fair values of our contingent consideration liabilities as of January 31, 2014.

Other Financial Instruments

The carrying amounts of accounts receivable, accounts payable, and accrued liabilities and other current liabilities approximate fair value due to their short maturities.

The estimated fair values of our term loans and our revolving credit borrowings at April 30, 2014 were approximately $941 million and $80 million, respectively. The estimated fair value of our term loans at January 31, 2014 was $647 million. We had no revolving credit borrowings at January 31, 2014. The estimated fair values of our term loans are based upon indicative bid and ask prices as determined by the agent responsible for the syndication of our term loans. We consider these inputs to be within Level 3 of the fair value hierarchy because we cannot reasonably observe activity in the limited market in which participations in our term loans are traded. The indicative prices of our term loans provided to us as at each of April 30, 2014 and January 31, 2014 did not significantly differ from par value. The estimated fair value of our revolving credit borrowings is based upon indicative market values provided by one of our lenders.

Assets and Liabilities Not Measured at Fair Value on a Recurring Basis

In addition to assets and liabilities that are measured at fair value on a recurring basis, we also measure certain assets and liabilities at fair value on a nonrecurring basis. Our non-financial assets, including goodwill, intangible assets and property, plant and equipment, are measured at fair value when there is an indication of impairment and the carrying amount exceeds the asset’s projected undiscounted cash flows. These assets are recorded at fair value only when an impairment charge is recognized. Further details regarding our regular impairment reviews appear in Note 1, "Summary of Significant Accounting Policies".

DERIVATIVE_FINANCIAL_INSTRUMEN

DERIVATIVE FINANCIAL INSTRUMENTS

3 Months Ended

Apr. 30, 2014

Derivative Instruments and Hedging Activities Disclosure [Abstract]

DERIVATIVE FINANCIAL INSTRUMENTS

Our primary objective for holding derivative financial instruments is to manage foreign currency exchange rate risk and interest rate risk, when deemed appropriate. We enter into these contracts in the normal course of business to mitigate risks and not for speculative purposes.

Foreign Currency Forward Contracts

Under our risk management strategy, we periodically use derivative financial instruments to manage our short-term exposures to fluctuations in foreign currency exchange rates. We utilize foreign currency forward contracts to hedge certain operational cash flow exposures resulting from changes in foreign currency exchange rates. These cash flow exposures result from portions of our forecasted operating expenses, primarily compensation and related expenses, which are transacted in currencies other than the U.S. dollar, primarily the Israeli shekel and the Canadian dollar. We also periodically utilize foreign currency forward contracts to manage exposures resulting from forecasted customer collections to be remitted in currencies other than the applicable functional currency, and exposures from cash, cash equivalents and short-term investments denominated in currencies other than the applicable functional currency. Our joint venture, which has a Singapore dollar functional currency, also utilizes foreign exchange forward contracts to manage its exposure to exchange rate fluctuations related to settlements of liabilities denominated in U.S. dollars. These foreign currency forward contracts are reported at fair value on our consolidated balance sheets and generally have maturities of no longer than twelve months, although occasionally we will execute a contract that extends beyond twelve months, depending upon the nature of the underlying risk.

The counterparties to our derivative financial instruments consist of several major international financial institutions. We regularly monitor the financial strength of these institutions. While the counterparties to these contracts expose us to credit-related losses in the event of a counterparty’s non-performance, the risk would be limited to the unrealized gains on such affected contracts. We do not anticipate any such losses.

Certain of these foreign currency forward contracts are not designated as hedging instruments under accounting guidance for derivatives, and gains and losses from changes in their fair values are therefore reported in other income (expense), net. Changes in the fair values of foreign currency forward contracts that are designated and effective as cash flow hedges are recorded net of related tax effects in accumulated other comprehensive income (loss), and are reclassified to the condensed consolidated statements of operations when the effects of the item being hedged are recognized in the condensed consolidated statements of operations.

Notional Amounts of Derivative Financial Instruments

Our outstanding derivative financial instruments consisted only of foreign currency forward contracts with notional amounts of $131.8 million and $127.6 million as of April 30, 2014 and January 31, 2014, respectively.

Fair Values of Derivative Financial Instruments

The fair values of our derivative financial instruments as of April 30, 2014 and January 31, 2014 were as follows:

30-Apr-14

Assets

Liabilities

(in thousands)

Balance Sheet

Fair Value

Balance Sheet

Fair Value

Classification

Derivative financial instruments designated as hedging instruments:

Foreign currency forward contracts

Prepaid expenses and other current assets

2,147

Accrued expenses and other liabilities

319

Total derivative financial instruments designated as hedging instruments

2,147

319

Derivative financial instruments not designated as hedging instruments:

Foreign currency forward contracts

Prepaid expenses and other current assets

Accrued expenses and other liabilities

601

Total derivative financial instruments not designated as hedging instruments

601

31-Jan-14

Assets

Liabilities

(in thousands)

Balance Sheet

Fair Value

Balance Sheet

Fair Value

Classification

Derivative financial instruments designated as hedging instruments:

Foreign currency forward contracts

Prepaid expenses and other current assets

2,245

Accrued expenses and other liabilities

769

Total derivative financial instruments designated as hedging instruments

2,245

769

Derivative financial instruments not designated as hedging instruments:

Foreign currency forward contracts

Prepaid expenses and other current assets

221

Accrued expenses and other liabilities

Total derivative financial instruments not designated as hedging instruments

221

Derivative Financial Instruments in Cash Flow Hedging Relationships

The effects of derivative financial instruments designated as cash flow hedging instruments as of April 30, 2014 and January 31, 2014, and for the three months ended April 30, 2014 and 2013 were as follows:

Net Gains Recognized in

Classification of Net Gains Reclassified from Other Comprehensive Loss

Net Gains Reclassified

Accumulated Other

into the Condensed Consolidated Statements of Operations

from Other Comprehensive

Comprehensive

Income (Loss)

into the Consolidated

Statements of Operations

April 30,

January 31,

Three Months Ended

April 30,

(in thousands)

2014

2013

Foreign currency forward contracts

1,694

1,485

Operating Expenses

830

780

There were no gains or losses from ineffectiveness of these hedges recorded for the three months ended April 30, 2014 and 2013. All of the foreign currency forward contracts underlying the $1.7 million of net unrealized gains recorded in our accumulated other comprehensive loss at April 30, 2014 mature within twelve months, and therefore we expect all such gains to be reclassified into earnings within the next twelve months.

Derivative Financial Instruments Not Designated as Hedging Instruments

Gains (losses) recognized on derivative financial instruments not designated as hedging instruments in our condensed consolidated statements of operations for the three months ended April 30, 2014 and 2013 were as follows:

Classification in Condensed Consolidated Statements of Operations

Three Months Ended

April 30,

(in thousands)

2014

2013

Foreign currency forward contracts

Other income (expense), net

(737

)

430

Total

(737

)

430

STOCKBASED_COMPENSATION

STOCK-BASED COMPENSATION	3 Months Ended
	Apr. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
STOCK-BASED COMPENSATION AND OTHER BENEFIT PLANS	'
	STOCK-BASED COMPENSATION

	We recognized stock-based compensation expense in the following line items on the condensed consolidated statements of operations for the three months ended April 30, 2014 and 2013:



			Three Months Ended
			April 30,
	(in thousands)		2014				2013
	Component of condensed consolidated statements of operations:
	Cost of revenue - product		$	198			$	130

	Cost of revenue - service and support		887				267

	Research and development, net		1,202				613

	Selling, general and administrative		9,202				5,223

	Stock-based compensation expense		$	11,489			$	6,233


	The following table summarizes stock-based compensation expense by type of award for the three months ended April 30, 2014 and 2013:


			Three Months Ended
			April 30,
	(in thousands)		2014				2013
	Component of stock-based compensation expense:
	Restricted stock units and restricted stock awards		$	10,389			$	5,361

	Stock options		15				53

	Phantom stock units		21				31

	Stock bonus program		1,064				788

	Stock-based compensation expense		$	11,489			$	6,233


	Total stock-based compensation expense by classification was as follows for the three months ended April 30, 2014 and 2013:


			Three Months Ended
			April 30,
	(in thousands)		2014				2013
	Equity-classified awards		$	10,228			$	5,719

	Liability-classified awards		1,261				514

	Total stock-based compensation expense		$	11,489			$	6,233


	The increase in stock-based compensation expense in the three months ended April 30, 2014, compared to the corresponding prior-year period, resulted primarily from the combination of an increase in the number of outstanding RSUs along with a general increase in the price of our common stock, which is used to determine the grant-date fair value of an RSU.

	Stock Options

	We have generally not granted stock options subsequent to January 31, 2006, other than in connection with several business combinations whereby stock options to purchase shares of the acquired companies were converted into stock options to purchase shares of our common stock.

	The following table summarizes stock option activity and related information for the three months ended April 30, 2014:


	(in thousands, except per share data)		Stock Options			Weighted-Average Exercise Price
	Options outstanding, January 31, 2014		516			$	34.6

Options exercised		(181	)		$	34.56

Options outstanding, April 30, 2014		335			$	34.62

Options exercisable at April 30, 2014		335			$	34.62


Cash proceeds received from the exercise of stock options were $6.2 million for the three months ended April 30, 2014.
At April 30, 2014, there was no unrecognized compensation expense associated with outstanding stock options, because all outstanding stock options were fully vested at that date.

Restricted Stock Units and Restricted Stock Awards

We periodically award restricted stock units, as well as shares of restricted stock, to our directors, officers, and other employees. These awards contain various vesting conditions and are subject to certain restrictions and forfeiture provisions prior to vesting.

The following table summarizes restricted stock unit activity and related information for the three months ended April 30, 2014:


(in thousands, except per share data)		RSU's			Weighted-Average Grant Date Fair Value
RSU's outstanding, January 31, 2014		2,250			$	33.77

RSU's granted		1,405			$	45.85

RSU's released		(251	)		$	32.95

RSU's forfeited		(23	)		$	33.81

RSU's outstanding, April 30, 2014		3,381			$	38.86


Substantially all of the restricted stock units granted during the year ended January 31, 2013 included a provision which allows those awards to be settled with cash payments upon vesting, rather than with delivery of common stock, at the discretion of our board of directors. As of April 30, 2014, for such awards that remain outstanding, settlement of these awards with cash payments was not considered probable, and therefore these awards have been accounted for as equity-classified awards.

As of April 30, 2014, there was approximately $92.8 million of total unrecognized compensation expense, net of estimated forfeitures, related to unvested restricted stock units, which is expected to be recognized over a weighted-average period of 2.0 years. The unrecognized compensation expense does not include compensation expense related to shares for which a grant date has been established but the requisite service period has not begun.

Phantom Stock Units

We have periodically issued phantom stock units to certain non-officer employees that settle, or are expected to settle, with cash payments upon vesting. Like equity-settled awards, phantom stock units are awarded with vesting conditions and are subject to certain forfeiture provisions prior to vesting.

Phantom stock unit activity for the three months ended April 30, 2014 and 2013 was not significant.

Stock Bonus Program

In September 2011, our board of directors approved a stock bonus program under which eligible employees may receive a portion of their bonuses in the form of discounted shares of our common stock. Executive officers were eligible to participate in this program for the year ended January 31, 2014 to the extent that shares remained available for awards following the enrollment of all other participants, but were not eligible to participate in previous years. Obligations under this program are accounted for as liabilities, because the obligations are based predominantly on fixed monetary amounts that are generally known at inception of the obligation, to be settled with a variable number of shares of common stock determined using a discounted average price of our common stock, as described above.

For the year ended January 31, 2014, our board of directors approved up to 150,000 shares of common stock for awards under this program and a discount of 15% (the "2014 stock bonus program"). Awards earned under the 2014 stock bonus program are expected to be issued during the first half of the year ending January 31, 2015.

On March 21, 2014, our board of directors approved up to 125,000 shares of common stock, and a discount of 15%, for awards under our stock bonus program for the year ending January 31, 2015. Executive officers will be permitted to participate in this program for the year ending January 31, 2015, but only to the extent that shares remain available for awards following the enrollment of all other participants. Shares awarded to executive officers with respect to the 15% discount will be subject to a one year vesting period.

Total accrued liabilities for stock bonus programs were $5.9 million and $4.9 million as of April 30, 2014 and January 31, 2014, respectively.

MERGER_WITH_CTI

MERGER WITH CTI	3 Months Ended
MERGER WITH CTI	Apr. 30, 2014
MERGER AGREEMENT WITH CTI [Abstract]	'
MERGER WITH CTI	'
	MERGER WITH CTI

	Prior to February 4, 2013, Comverse Technology, Inc. ("CTI") beneficially owned a majority of our common stock (assuming the conversion of CTI’s holdings of our Series A Convertible Preferred Stock into common stock) and held a majority of the voting power of our common stock. As of January 31, 2013, shortly before the CTI Merger (as described below), CTI’s beneficial ownership position in us was approximately 53.5%.

	On August 12, 2012, we entered into an agreement and plan of merger agreement with CTI (the "CTI Merger Agreement"), providing for the merger of CTI with and into our new, wholly owned subsidiary (the "CTI Merger"). The CTI Merger was completed on February 4, 2013. The CTI Merger eliminated CTI's majority ownership and control of us.

	At the closing of the CTI Merger, approximately 28.6 million newly issued shares of our common stock were exchanged for approximately 220.0 million issued and outstanding shares of CTI common stock. In addition, the 16.3 million shares of our common stock and all shares of our Series A Convertible Preferred Stock held by CTI at the time of the CTI Merger were canceled.

	Holders of shares of our common stock immediately prior to the completion of the CTI Merger, other than CTI, continued to own their existing shares, which were not affected by the CTI Merger.

	Prior to the CTI Merger, CTI had distributed to its shareholders or otherwise disposed of substantially all of its assets, other than its interests in us, including the distribution of all of the outstanding common stock of its subsidiary, Comverse, Inc. ("Comverse") to its shareholders (the “Comverse share distribution”). As a result, at the time of the CTI Merger, the net assets of CTI consisted primarily of its controlling equity interests in Verint, as well as certain residual cash and cash equivalents and other sundry net assets. In addition, CTI had net operating loss ("NOL") carryforwards for income tax reporting purposes, and other tax attributes. No CTI employees, operations or business processes moved to the combined company in the CTI Merger. As a result, our existing net assets and operations represented the vast majority of the net assets and all of the operations of the combined company.

	In connection with the Comverse share distribution, CTI and Comverse entered into several agreements to govern certain ongoing relationships between CTI and Comverse after the Comverse share distribution and to provide for an orderly transition.

	In one of these agreements, Comverse agreed to indemnify CTI and its affiliates (including Verint following the CTI Merger) against certain losses arising as a result of the CTI Merger and the Comverse share distribution. Certain of Comverse's indemnification obligations are capped at $25.0 million and certain obligations are uncapped. Pursuant to this agreement, at the closing of the CTI Merger, CTI placed $25.0 million into an escrow account to support indemnification claims to the extent made against Comverse by CTI and its affiliates (including Verint after the CTI Merger). The balance remaining in such escrow account on August 4, 2014, if any, will be released to Comverse.

	Condensed Consolidated Financial Statement Impact

	For financial reporting purposes, the CTI Merger was accounted for as our acquisition of CTI in a combination of entities under common control. We are the continuing reporting entity. As a result, upon completion of the CTI Merger on February 4, 2013, our consolidated stockholders' equity was adjusted to reflect the $285.5 million carrying value of our Series A Convertible Preferred Stock, all of which was held by CTI, and the $14.1 million carrying value of CTI's net assets (other than its equity interests in us), as increases to our additional paid-in capital. Prior to the CTI Merger, our Series A Convertible Preferred Stock had been classified as mezzanine equity on our consolidated balance sheet.

RELATED_PARTY_TRANSACTIONS

RELATED PARTY TRANSACTIONS	3 Months Ended
RELATED PARTY TRANSACTIONS	Apr. 30, 2014
Related Party Transactions [Abstract]	'
RELATED PARTY TRANSACTIONS	'
	RELATED PARTY TRANSACTIONS

	Transactions with CTI

	As discussed in Note 14, "Merger with CTI", on February 4, 2013 we completed the CTI Merger, which eliminated CTI's majority ownership and control of us. As of January 31, 2013, prior to the CTI Merger, CTI beneficially owned approximately 53.5%, and also held a majority of the voting power, of our common stock on an as-converted basis.

	Other Related Party Transactions

	Our joint venture incurs certain operating expenses, including office rent and other administrative costs, and realizes revenue, under arrangements with one of its noncontrolling shareholders. Transactions with this noncontrolling shareholder of the joint venture during the three months ended April 30, 2014 and 2013 were not significant.

COMMITMENTS_AND_CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	3 Months Ended
	Apr. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
COMMITMENTS AND CONTINGENCIES	'
	COMMITMENTS AND CONTINGENCIES

	Warranty Liability

	The following table summarizes the activity in our warranty liability, which is included in accrued expenses and other liabilities in the condensed consolidated balance sheets, for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Warranty liability, beginning of period	$	706		$	1,045

	Provision credited against expenses	(84		)	(158		)
	Foreign currency translation and other	2			(4		)

	Warranty liability, end of period	$	624		$	883


	Legal Proceedings

	On March 26, 2009, legal actions were commenced by Ms. Orit Deutsch, a former employee of our subsidiary, Verint Systems Limited ("VSL"), against VSL in the Tel Aviv Regional Labor Court (Case Number 4186/09) (the “Deutsch Labor Action”) and against CTI in the Tel Aviv Regional District Court (Case Number 1335/09) (the “Deutsch District Action”). In the Deutsch Labor Action, Ms. Deutsch filed a motion to approve a class action lawsuit on the grounds that she purports to represent a class of our employees and former employees who were granted Verint and CTI stock options and were allegedly damaged as a result of the suspension of option exercises during our previous extended filing delay period. In the Deutsch District Action, in addition to a small amount of individual damages, Ms. Deutsch is seeking to certify a class of plaintiffs who were allegedly damaged due to their inability to exercise Verint and CTI stock options as a result of alleged negligence by CTI in its financial reporting. The class certification motions do not specify an amount of damages. On February 8, 2010, the Deutsch Labor Action was dismissed for lack of material jurisdiction and was transferred to the Tel Aviv Regional District Court and consolidated with the Deutsch District Action. On March 16, 2009 and March 26, 2009, respectively, legal actions were commenced by Ms. Roni Katriel, a former employee of CTI's former subsidiary, Comverse Limited, against Comverse Limited in the Tel Aviv Regional Labor Court (Case Number 3444/09) (the “Katriel Labor Action”) and against CTI in the Tel Aviv Regional District Court (Case Number 1334/09) (the “Katriel District Action”). In the Katriel Labor Action, Ms. Katriel is seeking to certify a class of plaintiffs who were granted CTI stock options and were allegedly damaged as a result of the suspension of option exercises during CTI's previous extended filing delay period. In the Katriel District Action, in addition to a small amount of individual damages, Ms. Katriel is seeking to certify a class of plaintiffs who were allegedly damaged due to their inability to exercise CTI stock options as a result of alleged negligence by CTI in its financial reporting. The class certification motions do not specify an amount of damages. On March 2, 2010, the Labor Court ordered the transfer of the case to the District Court in Tel Aviv - Jaffa, based on an agreed motion filed by the parties requesting such transfer.
	On April 4, 2012, Ms. Deutsch and Ms. Katriel filed an uncontested motion to consolidate and amend their claims and on June 7, 2012, the court allowed Ms. Deutsch and Ms. Katriel to file the consolidated class certification motion and an amended consolidated complaint against VSL, CTI, and Comverse Limited. Following CTI's announcement of its intention to effect the Comverse share distribution, on July 12, 2012, the plaintiffs filed a motion requesting that the District Court order CTI to set aside up to $150 million in assets to secure any future judgment. The District Court ruled that it would not decide this motion until the Deutsch and Katriel class certification motion was heard. On August 16, 2012, in light of the announcement of the signing of the CTI Merger Agreement, the plaintiffs filed a motion for leave to appeal this District Court ruling to the Israeli Supreme Court. We filed our response to this motion on September 6, 2012.
	Prior to the consummation of the Comverse share distribution, CTI either sold or transferred substantially all of its business operations and assets (other than its equity ownership interests in us and Comverse) to Comverse or unaffiliated third parties. On October 31, 2012, CTI completed the Comverse share distribution, in which it distributed all of the outstanding shares of common stock of Comverse to CTI's shareholders. As a result of the Comverse share distribution, Comverse became an independent public company and ceased to be a wholly owned subsidiary of CTI, and CTI ceased to have any material assets other than its equity interest in us.
	We and the other defendants filed our responses to the complaint on November 11, 2012 and plaintiffs filed their replies on December 20, 2012. A pre-trial hearing for the case was held on December 25, 2012, during which all parties agreed to attempt to settle the dispute through mediation.
	On February 4, 2013, we completed the CTI Merger. As a result of the CTI Merger, we have assumed certain rights and liabilities of CTI, including any liability of CTI arising out of the Deutsch District Action and the Katriel District Action. However, under the terms of the Distribution Agreement between CTI and Comverse relating to the Comverse share distribution, we, as successor to CTI, are entitled to indemnification from Comverse for any losses we suffer in our capacity as successor-in-interest to CTI in connection with the Deutsch District Action and the Katriel District Action.
	On February 28, 2013, the mediation process began and, as of the date of this report, remains ongoing.
	From time to time we or our subsidiaries may be involved in legal proceedings and/or litigation arising in the ordinary course of our business. While the outcome of these matters cannot be predicted with certainty, we do not believe that the outcome of any current claims will have a material effect on our consolidated financial position, results of operations, or cash flows.

SEGMENT_INFORMATION

SEGMENT INFORMATION	3 Months Ended
	Apr. 30, 2014
Segment Reporting [Abstract]	'
SEGMENT, GEOGRAPHIC, AND SIGNIFICANT CUSTOMER INFORMATION	'
	SEGMENT INFORMATION

	Operating segments are defined as components of an enterprise about which separate financial information is available that is evaluated regularly by the enterprise’s chief operating decision maker ("CODM"), or decision making group, in deciding how to allocate resources and in assessing performance. Our Chief Executive Officer is our CODM.

	We conduct our business through three operating segments—Enterprise Intelligence, Communications Intelligence, and Video Intelligence. Organizing our business through three operating segments allows us to align our resources and domain expertise to effectively address the Actionable Intelligence market. We address the Customer Engagement Optimization market opportunity through solutions from our Enterprise Intelligence segment. We address the Security Intelligence market opportunity through solutions from our Communications Intelligence segment and Video Intelligence segment, and we address the Fraud, Risk, and Compliance market opportunity through solutions from all three operating segments.

	We measure the performance of our operating segments based upon operating segment revenue and operating segment contribution. Operating segment contribution includes segment revenue and expenses incurred directly by the segment, including material costs, service costs, research and development and selling, marketing, and administrative expenses. We do not allocate certain expenses, which include the majority of general and administrative expenses, facilities and communication expenses, purchasing expenses, manufacturing support and logistic expenses, depreciation and amortization, amortization of capitalized software development costs, stock-based compensation, and special charges such as restructuring costs when calculating operating segment contribution. These expenses are included in the unallocated expenses section of the table presented below. Revenue from transactions between our operating segments is not material.

	Revenue adjustments represent revenue of acquired companies which is included within segment revenue reviewed by the CODM, but not recognizable within GAAP revenue. These adjustments primarily relate to the acquisition-date excess of the historical carrying value over the fair value of acquired companies’ future maintenance and service performance obligations. As the obligations are satisfied, we report our segment revenue using the historical carrying values of these obligations, which we believe better reflects our ongoing maintenance and service revenue streams, whereas GAAP revenue is reported using the obligations’ acquisition-date fair values.

	With the exception of goodwill and acquired intangible assets, we do not identify or allocate our assets by operating segment. Consequently, it is not practical to present assets by operating segment. There were no material changes in the allocation of goodwill and acquired intangible assets by operating segment during the three months ended April 30, 2014 and 2013. The allocations of goodwill and acquired intangible assets by operating segment appear in Note 5, "Intangible Assets and Goodwill".

	Operating results by segment for the three months ended April 30, 2014 and 2013 were as follows:



			Three Months Ended
			April 30,
	(in thousands)		2014				2013
	Revenue:

	Enterprise Intelligence:

	Segment revenue		$	166,633			$	113,176

	Revenue adjustments		(11,815		)		(253		)
			154,818				112,923

	Communications Intelligence:

	Segment revenue		76,249				63,263

	Revenue adjustments		(114		)		(198		)
			76,135				63,065

	Video Intelligence:

	Segment revenue		26,440				28,965

	Revenue adjustments		—				(167		)

			26,440				28,798

	Total revenue		$	257,393			$	204,786


	Segment contribution:

	Enterprise Intelligence		$	65,129			$	43,803

	Communications Intelligence		19,636				19,689

	Video Intelligence		5,241				6,212

	Total segment contribution		90,006				69,704


	Unallocated expenses, net:

	Amortization of acquired intangible assets		17,561				9,671

	Stock-based compensation		11,489				6,233

Other unallocated expenses		59,960				40,087

Total unallocated expenses, net		89,010				55,991

Operating income		996				13,713

Other expense, net		(14,265		)		(18,547		)
Loss before (benefit from) provision for income taxes		$	(13,269	)		$	(4,834	)

BASIS_OF_PRESENTATION_AND_SIGN1

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Policies)	3 Months Ended
	Apr. 30, 2014
Accounting Policies [Abstract]	'
Principles of Consolidation	'
	Principles of Consolidation

	The accompanying consolidated financial statements include the accounts of Verint Systems Inc., our wholly owned subsidiaries, and a joint venture in which we hold a 50% equity interest. This joint venture functions as a systems integrator for Asian markets and is a variable interest entity in which we are the primary beneficiary. Investments in companies in which we have less than a 20% ownership interest and do not exercise significant influence are accounted for at cost. We include the results of operations of acquired companies from the date of acquisition. All significant intercompany transactions and balances are eliminated.
Use of Estimates	'
	Use of Estimates

	The preparation of financial statements in conformity with GAAP requires our management to make estimates and assumptions, which may affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
Significant Accounting Policies	'
	Significant Accounting Policies

	Our significant accounting policies are described in Note 1 to the consolidated financial statements included in our Annual Report on Form 10-K for the year ended January 31, 2014. There were no significant changes to our significant accounting policies during the three months ended April 30, 2014.
Recent Accounting Pronouncements	'
	Recent Accounting Pronouncements

	New Accounting Pronouncements Implemented

	In March 2013, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2013-05, Foreign Currency Matters (Topic 830): Parent's Accounting for the Cumulative Translation Adjustment upon Derecognition of Certain Subsidiaries or Groups of Assets within a Foreign Entity or of an Investment in a Foreign Entity. This new standard is intended to resolve diversity in practice regarding the release into net income of a cumulative translation adjustment upon derecognition of a subsidiary or group of assets within a foreign entity. ASU No. 2013-05 was effective prospectively for us on February 2, 2014. The adoption of this standard did not impact our condensed consolidated financial statements.

	New Accounting Pronouncements To Be Implemented

	In April 2014, the FASB issued ASU No. 2014-08, Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity. ASU 2014-08 raises the threshold for a disposal to qualify as a discontinued operation and requires new disclosures of both discontinued operations and certain other disposals that do not meet the definition of a discontinued operation. It is effective for annual reporting periods beginning on or after December 15, 2014. Early adoption is permitted but only for disposals that have not been reported in previously issued financial statements. We are currently reviewing this standard, but we do not expect its adoption to materially impact our condensed consolidated financial statements, absent any disposals of components or groups of components that have a material effect on our financial results in future periods.

	In May 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). ASU No. 2014-09 supersedes the revenue recognition requirements in Topic 605, Revenue Recognition, and most industry-specific revenue recognition guidance throughout the Industry Topics of the Accounting Standards Codification. Additionally, this update supersedes some cost guidance included in Subtopic 605-35, Revenue Recognition-Construction-Type and Production-Type Contracts. The core principle of the guidance is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. It is effective for the first interim period within annual reporting periods beginning after December 15, 2016, and early adoption is not permitted. We are currently reviewing this standard to assess the impact on our future condensed consolidated financial statements.

NET_INCOME_LOSS_PER_COMMON_SHA1

NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC. (Tables)	3 Months Ended
	Apr. 30, 2014
Earnings Per Share [Abstract]	'
Schedule of calculation of basic and diluted net income (loss) per common share attributable to Verint Systems Inc.	'
	The following table summarizes the calculation of basic and diluted net income (loss) per common share attributable to Verint Systems Inc. for the three months ended April 30, 2014 and 2013:



		Three Months Ended
		April 30,
	(in thousands, except per share amounts)	2014			2013
	Net income (loss)	$	28,819		$	(7,937	)

	Net income attributable to noncontrolling interest	863			1,216

	Net income (loss) attributable to Verint Systems Inc.	27,956			(9,153		)

	Dividends on preferred stock	—			(174		)

	Net income (loss) attributable to Verint Systems Inc. for basic net loss per common share	27,956			(9,327		)

	Dilutive effect of dividends on preferred stock	—			—

	Net income (loss) attributable to Verint Systems Inc. for diluted net loss per common share	$	27,956		$	(9,327	)

	Weighted-average shares outstanding:

	Basic	53,737			51,970

	Dilutive effect of employee equity award plans	1,281			—

	Dilutive effect of assumed conversion of preferred stock	—			—

	Diluted	55,018			51,970

	Net income (loss) per common share attributable to Verint Systems Inc.:

	Basic	$	0.52		$	(0.18	)

	Diluted	$	0.51		$	(0.18	)

Schedule of anti-dilutive securities	'
	We excluded the following weighted-average common shares underlying stock-based awards and the assumed conversion of our Series A Convertible Preferred Stock from the calculations of diluted net income per common share during the applicable periods because their inclusion would have been anti-dilutive:


		Three Months Ended
		April 30,
	(in thousands)	2014		2013
	Common shares excluded from calculation:

	Stock options and restricted stock-based awards	289		694

	Series A Convertible Preferred Stock	—		504

CASH_CASH_EQUIVALENTS_AND_SHOR1

CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS (Tables)	3 Months Ended
	Apr. 30, 2014
Cash, Cash Equivalents, and Short-term Investments [Abstract]	'
Schedule of Cash, Cash Equivalents and Short-term Investments [Table Text Block]	'
	The following tables summarize our cash, cash equivalents and short-term investments as of April 30, 2014 and January 31, 2014:


		30-Apr-14
	(in thousands)	Cost Basis		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	Cash and cash equivalents:
	Cash and bank time deposits	$	186,780	$	—	$	—	$	186,780

	Money market funds	536		—		—		536

	Total cash and cash equivalents	$	187,316	$	—	$	—	$	187,316


	Short-term investments:
	Commercial paper and corporate debt securities (available-for-sale)	$	9,548	$	6	$	—	$	9,554

	Bank time deposits	26,321		—		—		26,321

	Total short-term investments	$	35,869	$	6	$	—	$	35,875



		31-Jan-14
	(in thousands)	Cost Basis		Gross Unrealized Gains		Gross Unrealized Losses		Estimated Fair Value
	Cash and cash equivalents:
	Cash and bank time deposits	$	314,604	$	—	$	—	$	314,604

	Money market funds	14,023		—		—		14,023

	Commercial paper	49,986		5		—		49,991

	Total cash and cash equivalents	$	378,613	$	5	$	—	$	378,618


	Short-term investments:
	Commercial paper and corporate debt securities (available-for-sale)	$	9,402	$	4	$	—	$	9,406

	Bank time deposits	22,643		—		—		22,643

	Total short-term investments	$	32,045	$	4	$	—	$	32,049

BUSINESS_COMBINATIONS_Tables

BUSINESS COMBINATIONS (Tables)	3 Months Ended
	Apr. 30, 2014
Business Combinations [Abstract]	'
Schedule of Business Acquisitions, by Acquisition	'
	The following table sets forth the components and the allocations of the purchase prices for our acquisitions of KANA and UTX.


	(in thousands)	KANA			UTX
	Components of Purchase Prices:

	Cash, including post-closing adjustments	$	541,685		$	82,939

	Fair value of contingent consideration	—			1,347

	Total purchase prices	$	541,685		$	84,286


	Allocation of Purchase Prices:

	Net tangible assets (liabilities):

	Accounts receivable	$	18,473		$	—

	Other current assets	48,595			4,157

	Other assets, including cash acquired	12,661			977

	Current and other liabilities	(15,643		)	(244		)
	Deferred revenue - current and long-term	(7,932		)	(340		)
	Deferred income taxes - current and long-term	(62,516		)	(5,020		)
	Net tangible liabilities	(6,362		)	(470		)
	Identifiable intangible assets:

	Customer relationships	151,900			2,000

	Developed technology	55,500			37,400

	Trademarks and trade names	11,500			—

	Other intangible assets	—			1,100

	Total identifiable intangible assets	218,900			40,500

	Goodwill	329,147			44,256

	Total purchase price allocations	$	541,685		$	84,286

Business Acquisition, Pro Forma Information	'
	The unaudited pro forma results do not include any operating efficiencies or potential cost savings which may result from these business combinations. Accordingly, such unaudited pro forma amounts are not necessarily indicative of the results that actually would have occurred had the acquisitions been completed on February 1, 2013, nor are they indicative of future operating results.


		Three Months Ended
		April 30,
	(in thousands, except per share amounts)	2014			2013
	Revenue	$	269,713		$	227,162

	Net (loss) income	$	(2,808	)	$	12,419

	Net (loss) income attributable to Verint Systems Inc.	$	(3,671	)	$	11,203

	Net (loss) income per common share attributable to Verint Systems Inc.:
	Basic	$	(0.07	)	$	0.21

	Diluted	$	(0.07	)	$	0.21

INTANGIBLE_ASSETS_AND_GOODWILL1

INTANGIBLE ASSETS AND GOODWILL (Tables)	3 Months Ended
	Apr. 30, 2014
Goodwill and Intangible Assets Disclosure [Abstract]	'
Schedule of acquisition-related intangible assets	'
	Acquisition-related intangible assets consisted of the following as of April 30, 2014 and January 31, 2014:



		April 30, 2014
	(in thousands)	Cost			Accumulated			Net
					Amortization
	Intangible assets with finite lives:

	Customer relationships	$	397,005		$	(152,758	)	$	244,247

	Acquired technology	204,799			(83,924		)	120,875

	Trade names	25,249			(12,351		)	12,898

	Non-competition agreements	6,619			(5,166		)	1,453

	Distribution network	4,440			(1,957		)	2,483

	Backlog	386			(320		)	66

	Total intangible assets with finite lives	638,498			(256,476		)	382,022

	In-process research and development, with indefinite lives	1,700			—			1,700

	Total	$	640,198		$	(256,476	)	$	383,722




		January 31, 2014
	(in thousands)	Cost			Accumulated			Net
					Amortization
	Intangible assets with finite lives:

	Customer relationships	$	240,208		$	(141,714	)	$	98,494

	Acquired technology	106,361			(76,922		)	29,439

	Trade names	13,378			(11,378		)	2,000

	Non-competition agreements	5,514			(4,970		)	544

	Distribution network	2,440			(1,840		)	600

	Backlog	386			(316		)	70

	Total intangible assets with finite lives	368,287			(237,140		)	131,147

	In-process research and development, with indefinite lives	1,700			—			1,700

	Total	$	369,987		$	(237,140	)	$	132,847

Schedule of net acquisition-related intangible assets by reportable segment	'
	The following table presents net acquisition-related intangible assets by reportable segment as of April 30, 2014 and January 31, 2014:


		April 30,			January 31,
	(in thousands)	2014			2014

	Enterprise Intelligence	$	324,423		$	115,928

	Communications Intelligence	57,521			14,856

	Video Intelligence	1,778			2,063

	Total	$	383,722		$	132,847

Schedule of estimated future amortization expense on finite-lived acquisition-related intangible assets	'
	Estimated future amortization expense on finite-lived acquisition-related intangible assets as of April 30, 2014 is as follows:


	(in thousands)

	Years Ending January 31,	Amount

	2015 (remainder of year)	$	61,112

	2016	78,605

	2017	75,012

	2018	55,164

	2019	26,016

	2020 and thereafter	86,113

	Total	$	382,022

Schedule of goodwill activity	'
	Goodwill activity for the three months ended April 30, 2014, in total and by reportable segment, was as follows:


					Reportable Segment
	(in thousands)	Total			Enterprise			Communications		Video
					Intelligence			Intelligence		Intelligence
	Year Ended January 31, 2014:
	Goodwill, gross, at January 31, 2014	$	920,254		$	795,722		$	47,838	$	76,694

	Accumulated impairment losses through January 31, 2014	(66,865		)	(30,791		)	—		(36,074		)

	Goodwill, net, at January 31, 2014	853,389			764,931			47,838		40,620

	Business combinations	377,479			329,147			48,332		—

	Foreign currency translation and other	12,092			11,217			427		448

	Goodwill, net, at April 30, 2014	$	1,242,960		$	1,105,295		$	96,597	$	41,068


	Balance at April 30, 2014:

	Goodwill, gross, at April 30, 2014	$	1,309,825		$	1,136,086		$	96,597	$	77,142

	Accumulated impairment losses through April 30, 2014	(66,865		)	(30,791		)	—		(36,074		)

	Goodwill, net, at April 30, 2014	$	1,242,960		$	1,105,295		$	96,597	$	41,068

LONGTERM_DEBT_Tables

LONG-TERM DEBT (Tables)	3 Months Ended
	Apr. 30, 2014
Long-term Debt, Unclassified [Abstract]	'
Summary of long-term debt	'
	The following table summarizes our long-term debt at April 30, 2014 and January 31, 2014:


		April 30,			January 31,
	(in thousands)	2014			2014
	February 2014 Term Loans:
	Gross borrowings	$	300,000		$	—

	Unamortized debt discount	(720		)	—

	February 2014 Term Loans, net	299,280			—

	March 2014 Term Loans	643,500			—

	March 2013 Term Loans:

	Gross borrowings	—			645,125

	Unamortized debt discount	—			(2,827		)

	March 2013 Term Loans, net	—			642,298

	Borrowings under 2013 Revolving Credit Facility	87,000			—

	Other debt	81			87

	Total debt	1,029,861			642,385

	Less: current maturities	9,496			6,555

	Long-term debt	$	1,020,365		$	635,830

Summary of future scheduled principal payments on term loan	'
	As of April 30, 2014, future scheduled principal payments on the February 2014 Term Loans and March 2014 Term Loans are as presented in the following table:


	(in thousands)	Feb-14			March
					2014
	Years Ending January 31,	Term Loans			Term Loans
	2015 (remainder of year)	$	2,250		$	4,826

	2016	3,000			6,435

	2017	3,000			6,435

	2018	3,000			6,435

	2019	3,000			6,435

	2020	285,750			612,934

	Total	$	300,000		$	643,500

SUPPLEMENTAL_CONDENSED_CONSOLI1

SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION (Tables)	3 Months Ended
	Apr. 30, 2014
Organization, Consolidation and Presentation of Financial Statements [Abstract]	'
Schedule of inventories	'
	Inventories consisted of the following as of April 30, 2014 and January 31, 2014:


		April 30,			January 31,
	(in thousands)	2014			2014
	Raw materials	$	7,522		$	3,190

	Work-in-process	7,576			5,645

	Finished goods	1,641			1,858

	Total inventories	$	16,739		$	10,693

Schedule of Other Income (Expense), Net	'
	Other income (expense), net consisted of the following for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Foreign currency gains (losses), net	$	3,195		$	(1,720	)

	(Losses) gains on derivative financial instruments, net	(737		)	430

	Other, net	370			(518		)

	Total other income (expense), net	$	2,828		$	(1,808	)

Schedule of Supplemental Information Regarding Condensed Consolidated Cash Flows	'
	The following table provides supplemental information regarding our condensed consolidated cash flows for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Cash paid for interest	$	9,850		$	6,985

	Cash payments of income taxes, net of refunds received	$	3,477		$	2,685

	Non-cash investing and financing transactions:

	Net non-cash assets acquired in CTI Merger	$	—		$	3,727

	Accrued but unpaid purchases of property and equipment	$	780		$	792

	Inventory transfers to property and equipment	$	25		$	153

	Liabilities for contingent consideration in business combinations	$	4,947		$	—

	Stock options exercised, proceeds received subsequent to period end	$	106		$	1

	Purchases under supplier financing arrangements	$	280		$	—

	Accrued but unpaid debt issuance and other debt-related costs	$	363		$	741

STOCKHOLDERS_EQUITY_Tables

STOCKHOLDERS' EQUITY (Tables)	3 Months Ended
	Apr. 30, 2014
Stockholders' Equity Note [Abstract]	'
Summary of components of accumulated other comprehensive loss	'
	The following table summarizes changes in the components of our accumulated other comprehensive loss by component for the three months ended April 30, 2014:


	(in thousands)	Unrealized Gains on Derivative Financial Instruments Designated as Hedges			Unrealized Gains on Available-for-Sale Investments			Foreign Currency Translation Adjustments			Total
	Accumulated other comprehensive income (loss) at January 31, 2014	$	1,485		$	9		$	(41,219	)	$	(39,725	)

	Other comprehensive income (loss) before reclassifications	1,004			(3		)	16,710			17,711

	Amounts reclassified out of accumulated other comprehensive income (loss)	(795		)	—			—			(795		)

	Net other comprehensive income (loss), current period	209			(3		)	16,710			16,916

	Accumulated other comprehensive income (loss) at April 30, 2014	$	1,694		$	6		$	(24,509	)	$	(22,809	)

Schedule of amounts reclassified out of AOCI into the statement of operations by location	'
	The amounts reclassified out of accumulated other comprehensive loss into the condensed consolidated statements of operations, with presentation location, for the three months ended April 30, 2014 and 2013 were as follows:


		Three Months Ended						Affected Line Items in the Condensed Consolidated Statement of Operations
		April 30,
	(in thousands)	2014			2013
	Unrealized (gains) on derivative financial instruments:
	Foreign currency forward contracts	$	(65	)	$	(66	)	Cost of product revenue
		(61		)	(66		)	Cost of service revenue
		(481		)	(438		)	Research and development, net
		(223		)	(210		)	Selling, general and administrative
		(830		)	(780		)	Total before provision for income taxes
		35			70			Provision for income taxes

		$	(795	)	$	(710	)	Total, net of income taxes

FAIR_VALUE_MEASUREMENTS_Tables

FAIR VALUE MEASUREMENTS (Tables)	3 Months Ended
	Apr. 30, 2014
Fair Value Disclosures [Abstract]	'
Schedule of assets and liabilities measured at fair value on recurring basis	'
	Our assets and liabilities measured at fair value on a recurring basis consisted of the following as of April 30, 2014 and January 31, 2014:


		April 30, 2014
		Fair Value Hierarchy Category
	(in thousands)	Level 1			Level 2			Level 3
	Assets:

	Money market funds	$	536		$	—		$	—

	Short-term investments, classified as available-for-sale	—			9,554			—

	Foreign currency forward contracts	—			2,154			—

	Total assets	$	536		$	11,708		$	—

	Liabilities:

	Foreign currency forward contracts	$	—		$	920		$	—

	Contingent consideration - business combinations	—			—			19,119

	Total liabilities	$	—		$	920		$	19,119




		31-Jan-14
		Fair Value Hierarchy Category
	(in thousands)	Level 1			Level 2			Level 3
	Assets:

	Money market funds	$	14,023		$	—		$	—

	Commercial paper (1)	—			49,991			—

	Short-term investments, classified as available for sale	—			9,406			—

	Foreign currency forward contracts	—			2,466			—

	Total assets	$	14,023		$	61,863		$	—

	Liabilities:

	Foreign currency forward contracts	$	—		$	846		$	—

	Contingent consideration - business combinations	—			—			17,307

	Total liabilities	$	—		$	846		$	17,307

Schedule of changes in the estimated fair value of liability for contingent consideration	'
	The following table presents the changes in the estimated fair values of our liabilities for contingent consideration measured using significant unobservable inputs (Level 3) for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Fair value measurement at beginning of period	$	17,307		$	25,041

	Contingent consideration liabilities recorded for business combinations	4,947			—

	Changes in fair values, recorded in operating expenses	(194		)	757

	Payments of contingent consideration	(3,080		)	(3,928		)
	Foreign exchange translation and other	139			—

	Fair value measurement at end of period	$	19,119		$	21,870

DERIVATIVE_FINANCIAL_INSTRUMEN1

DERIVATIVE FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
	Apr. 30, 2014
Derivative Instruments and Hedging Activities Disclosure [Abstract]	'
Schedule of fair values of derivative financial instruments	'
	The fair values of our derivative financial instruments as of April 30, 2014 and January 31, 2014 were as follows:


		30-Apr-14
		Assets						Liabilities
	(in thousands)	Balance Sheet		Fair Value				Balance Sheet		Fair Value
		Classification						Classification
	Derivative financial instruments designated as hedging instruments:

	Foreign currency forward contracts	Prepaid expenses and other current assets		$	2,147			Accrued expenses and other liabilities		$	319

	Total derivative financial instruments designated as hedging instruments			$	2,147					$	319


	Derivative financial instruments not designated as hedging instruments:

	Foreign currency forward contracts	Prepaid expenses and other current assets		$	7			Accrued expenses and other liabilities		$	601

	Total derivative financial instruments not designated as hedging instruments			$	7					$	601




		31-Jan-14
		Assets						Liabilities
	(in thousands)	Balance Sheet		Fair Value				Balance Sheet		Fair Value
		Classification						Classification
	Derivative financial instruments designated as hedging instruments:

	Foreign currency forward contracts	Prepaid expenses and other current assets		$	2,245			Accrued expenses and other liabilities		$	769

	Total derivative financial instruments designated as hedging instruments			$	2,245					$	769


	Derivative financial instruments not designated as hedging instruments:

	Foreign currency forward contracts	Prepaid expenses and other current assets		$	221			Accrued expenses and other liabilities		$	77

	Total derivative financial instruments not designated as hedging instruments			$	221					$	77

Schedule of the effects of derivative financial instruments designated as cash flow hedging instruments	'
	The effects of derivative financial instruments designated as cash flow hedging instruments as of April 30, 2014 and January 31, 2014, and for the three months ended April 30, 2014 and 2013 were as follows:


		Net Gains Recognized in								Classification of Net Gains Reclassified from Other Comprehensive Loss		Net Gains Reclassified
		Accumulated Other								into the Condensed Consolidated Statements of Operations		from Other Comprehensive
		Comprehensive										Income (Loss)
		Income (Loss)										into the Consolidated
												Statements of Operations
		April 30,				January 31,						Three Months Ended
												April 30,
	(in thousands)	2014				2014						2014		2013
	Foreign currency forward contracts	$	1,694			$	1,485			Operating Expenses		$	830	$	780

Schedule of gains (losses) recognized on derivative financial instruments not designated as hedging instruments	'
	Gains (losses) recognized on derivative financial instruments not designated as hedging instruments in our condensed consolidated statements of operations for the three months ended April 30, 2014 and 2013 were as follows:



		Classification in Condensed Consolidated Statements of Operations		Three Months Ended
				April 30,
	(in thousands)			2014				2013
	Foreign currency forward contracts	Other income (expense), net		$	(737	)		$	430

	Total			$	(737	)		$	430

STOCKBASED_COMPENSATION_Tables

STOCK-BASED COMPENSATION (Tables)	3 Months Ended
	Apr. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]	'
Schedule of recognized stock-based compensation expense on the consolidated statements of operations	'
	We recognized stock-based compensation expense in the following line items on the condensed consolidated statements of operations for the three months ended April 30, 2014 and 2013:



		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Component of condensed consolidated statements of operations:
	Cost of revenue - product	$	198		$	130

	Cost of revenue - service and support	887			267

	Research and development, net	1,202			613

	Selling, general and administrative	9,202			5,223

	Stock-based compensation expense	$	11,489		$	6,233

Summary of stock-based compensation expense by type of award	'
	The following table summarizes stock-based compensation expense by type of award for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Component of stock-based compensation expense:
	Restricted stock units and restricted stock awards	$	10,389		$	5,361

	Stock options	15			53

	Phantom stock units	21			31

	Stock bonus program	1,064			788

	Stock-based compensation expense	$	11,489		$	6,233

Schedule of total stock-based compensation expense by classification	'
	Total stock-based compensation expense by classification was as follows for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Equity-classified awards	$	10,228		$	5,719

	Liability-classified awards	1,261			514

	Total stock-based compensation expense	$	11,489		$	6,233

Schedule of stock option activity under the Plans	'
	The following table summarizes stock option activity and related information for the three months ended April 30, 2014:


	(in thousands, except per share data)	Stock Options		Weighted-Average Exercise Price
	Options outstanding, January 31, 2014	516		$	34.6

	Options exercised	(181	)	$	34.56

	Options outstanding, April 30, 2014	335		$	34.62

	Options exercisable at April 30, 2014	335		$	34.62

Summary of RSA and RSU activity under the Plans	'
	The following table summarizes restricted stock unit activity and related information for the three months ended April 30, 2014:


	(in thousands, except per share data)	RSU's		Weighted-Average Grant Date Fair Value
	RSU's outstanding, January 31, 2014	2,250		$	33.77

	RSU's granted	1,405		$	45.85

	RSU's released	(251	)	$	32.95

	RSU's forfeited	(23	)	$	33.81

	RSU's outstanding, April 30, 2014	3,381		$	38.86

COMMITMENTS_AND_CONTINGENCIES_

COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES (Tables)	3 Months Ended
	Apr. 30, 2014
Commitments and Contingencies Disclosure [Abstract]	'
Schedule of Product Warranty Liability	'
	The following table summarizes the activity in our warranty liability, which is included in accrued expenses and other liabilities in the condensed consolidated balance sheets, for the three months ended April 30, 2014 and 2013:


		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Warranty liability, beginning of period	$	706		$	1,045

	Provision credited against expenses	(84		)	(158		)
	Foreign currency translation and other	2			(4		)

	Warranty liability, end of period	$	624		$	883

SEGMENT_INFORMATION_Tables

SEGMENT INFORMATION (Tables)	3 Months Ended
	Apr. 30, 2014
Segment Reporting [Abstract]	'
Operating Results by Segment	'
	Operating results by segment for the three months ended April 30, 2014 and 2013 were as follows:



		Three Months Ended
		April 30,
	(in thousands)	2014			2013
	Revenue:

	Enterprise Intelligence:

	Segment revenue	$	166,633		$	113,176

	Revenue adjustments	(11,815		)	(253		)
		154,818			112,923

	Communications Intelligence:

	Segment revenue	76,249			63,263

	Revenue adjustments	(114		)	(198		)
		76,135			63,065

	Video Intelligence:

	Segment revenue	26,440			28,965

	Revenue adjustments	—			(167		)

		26,440			28,798

	Total revenue	$	257,393		$	204,786


	Segment contribution:

	Enterprise Intelligence	$	65,129		$	43,803

	Communications Intelligence	19,636			19,689

	Video Intelligence	5,241			6,212

	Total segment contribution	90,006			69,704


	Unallocated expenses, net:

	Amortization of acquired intangible assets	17,561			9,671

	Stock-based compensation	11,489			6,233

	Other unallocated expenses	59,960			40,087

	Total unallocated expenses, net	89,010			55,991

	Operating income	996			13,713

	Other expense, net	(14,265		)	(18,547		)
	Loss before (benefit from) provision for income taxes	$	(13,269	)	$	(4,834	)

BASIS_OF_PRESENTATION_AND_SIGN2

BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES (Details)	3 Months Ended
	Apr. 30, 2014
Less than	'
Maximum ownership interest in cost method investments (as a percent)	20.00%
Joint venture, variable interest entity in which entity is primary beneficiary	'
Equity interest in a joint venture (as a percent)	50.00%

NET_INCOME_LOSS_PER_COMMON_SHA2

NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC. NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC. - CALCULATION (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Net Income Per Common Share Attributable to Verint Systems Inc. [Abstract]	'	'
Net income (loss)	$28,819	($7,937)
Net income attributable to noncontrolling interest	863	1,216
Net income (loss) attributable to Verint Systems Inc.	27,956	-9,153
Dividends on preferred stock	0	-174
Net income (loss) attributable to Verint Systems Inc. common shares	27,956	-9,327
Dilutive effect of dividends on Preferred Stock	0	0
Net income (loss) attributable to Verint Systems Inc. for diluted net income per common share	$27,956	($9,327)
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]	'	'
Basic (in shares)	53,737	51,970
Dilutive effect of employee equity award plans (in shares)	1,281	0
Dilutive effect of assumed conversion of Preferred Stock (in shares)	0	0
Diluted (in shares)	55,018	51,970
Basic (in dollars per share)	$0.52	($0.18)
Diluted (in dollars per share)	$0.51	($0.18)

NET_INCOME_LOSS_PER_COMMON_SHA3

NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC. NET INCOME (LOSS) PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC. - ANTIDILUTIVE SECURITIES (Details)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Stock options and restricted stock-based awards	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, (in shares)	289	694
Series A Convertible Preferred Stock	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share	'	'
Antidilutive Securities Excluded from Computation of Earnings Per Share, (in shares)	0	504

CASH_CASH_EQUIVALENTS_AND_SHOR2

CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS - SUMMARY (Details) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Commercial paper and corporate debt securities (available-for-sale)	'	'
Schedule of Available-for-sale Securities	'	'
Cost basis	$9,548	$9,402
Gross Unrealized Gains	6	4
Gross Unrealized Losses	0	0
Estimated Fair Value	9,554	9,406
Bank time deposits	'	'
Schedule of Available-for-sale Securities	'	'
Cost basis	26,321	22,643
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	26,321	22,643
Total short-term investments	'	'
Schedule of Available-for-sale Securities	'	'
Cost basis	35,869	32,045
Gross Unrealized Gains	6	4
Gross Unrealized Losses	0	0
Estimated Fair Value	35,875	32,049
Cash and bank time deposits	'	'
Schedule of Available-for-sale Securities	'	'
Cost basis	186,780	314,604
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	186,780	314,604
Money market funds	'	'
Schedule of Available-for-sale Securities	'	'
Cost basis	536	14,023
Gross Unrealized Gains	0	0
Gross Unrealized Losses	0	0
Estimated Fair Value	536	14,023
Commercial paper	'	'
Schedule of Available-for-sale Securities	'	'
Cost basis	'	49,986
Gross Unrealized Gains	'	5
Gross Unrealized Losses	'	0
Estimated Fair Value	'	49,991
Total cash and cash equivalents	'	'
Schedule of Available-for-sale Securities	'	'
Cost basis	187,316	378,613
Gross Unrealized Gains	0	5
Gross Unrealized Losses	0	0
Estimated Fair Value	$187,316	$378,618

CASH_CASH_EQUIVALENTS_AND_SHOR3

CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS CASH, CASH EQUIVALENTS AND SHORT-TERM INVESTMENTS - OTHER DATA (Details) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Cash, Cash Equivalents, and Short-term Investments [Abstract]	'	'
Realized gains (losses) on sales of available-for-sale securities	$0	$0
Proceeds from Sale and Maturity of Available-for-sale Securities	$400	$0

BUSINESS_COMBINATIONS_BUSINESS

BUSINESS COMBINATIONS BUSINESS COMBINATIONS - THREE MONTHS ENDED APRIL 30, 2014 - KANA SOFTWARE, INC. (Details) (USD $)	3 Months Ended				1 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Feb. 03, 2014	Feb. 28, 2014	Feb. 28, 2014
			Enterprise Intelligence	Enterprise Intelligence	February 2014 Term Loans	2013 Revolving Line of Credit
			KANA Software Inc.	KANA Software Inc.	2013 Amended Credit Agreement - 2014 Amendments	2013 Amended Credit Agreement - 2014 Amendments
Business Acquisition	'	'	'	'	'	'
Payment made at closing to acquire businesses	'	'	'	$542,400,000	'	'
Cash Acquired from Acquisition	0	10,370,000	25,100,000	'	'	'
Post-closing purchase price adjustment	'	'	700,000	'	'	'
Payments to Acquire Businesses, Net of Cash Acquired	603,614,000	0	516,600,000	'	'	'
Proceeds from Issuance of Debt	'	'	'	'	300,000,000	'
Proceeds from Lines of Credit	'	'	'	'	'	125,000,000
Deferred Revenue - Current and Long-Term	'	'	'	7,932,000	'	'
Intangible Asset - Undelivered Performance Obligations	'	'	'	18,600,000	'	'
Revenue Since Acquisition Date	'	'	29,900,000	'	'	'
Transaction and Related Costs	'	'	$1,500,000	'	'	'

BUSINESS_COMBINATIONS_BUSINESS1

BUSINESS COMBINATIONS BUSINESS COMBINATIONS - THREE MONTHS ENDED APRIL 30, 2014 - UTX TECHNOLOGIES LIMITED (Details) (Communications Intelligence, UTX Acquisition, USD $)	3 Months Ended
	Apr. 30, 2014	Mar. 31, 2014
Communications Intelligence \| UTX Acquisition	'	'
Business Acquisition	'	'
Cash	$82,939,000	'
Potential additional cash payments to former shareholders, maximum	'	1,500,000
Fair Value of Contingent Consideration	1,347,000	'
Transaction and Related Costs	2,600,000	'
Asset Impairment Charges	$2,600,000	'

BUSINESS_COMBINATIONS_BUSINESS2

BUSINESS COMBINATIONS BUSINESS COMBINATIONS - THREE MONTHS ENDED APRIL 30, 2014 - PURCHASE PRICE ALLOCATIONS (Details) (USD $)

Apr. 30, 2014

Jan. 31, 2014

Apr. 30, 2014

Jan. 31, 2014

Apr. 30, 2014

Feb. 03, 2014

Apr. 30, 2014

Jan. 31, 2014

Apr. 30, 2014

Mar. 31, 2014

Feb. 03, 2014

Mar. 31, 2014

Feb. 03, 2014

Mar. 31, 2014

Feb. 03, 2014

Mar. 31, 2014

In Thousands, unless otherwise specified

Enterprise Intelligence

Communications Intelligence

Customer Relationships

Acquired Technology

Trademarks and Trade Names

Other Intangible Assets

KANA Software Inc.

UTX Acquisition

Enterprise Intelligence

Communications Intelligence

Enterprise Intelligence

Communications Intelligence

Enterprise Intelligence

Communications Intelligence

KANA Software Inc.

UTX Acquisition

KANA Software Inc.

UTX Acquisition

KANA Software Inc.

UTX Acquisition

Business Acquisition

Cash

$541,685

$82,939

Fair Value of Contingent Consideration

1,347

Total Purchase Price

541,685

84,286

Accounts Receivable

18,473

Other Current Assets

48,595

4,157

Other Assets, including cash acquired

12,661

977

Current and Other Liabilities

15,643

244

Deferred Revenue - Current and Long-Term

7,932

340

Deferred Income Taxes - Current and Long-Term

-62,516

-5,020

Net tangible liabilities

-6,362

-470

Identifiable intangible assets

218,900

40,500

151,900

2,000

55,500

37,400

11,500

1,100

Goodwill

1,242,960

853,389

1,105,295

764,931

329,147

96,597

47,838

44,256

Total Purchase Price Allocations

$541,685

$84,286

BUSINESS_COMBINATIONS_BUSINESS3

BUSINESS COMBINATIONS BUSINESS COMBINATIONS - THREE MONTHS ENDED APRIL 30, 2014 - INTANGIBLE ASSET LIVES (Details)	3 Months Ended
	Apr. 30, 2014
Acquired Finite-Lived Intangible Assets [Line Items]	'
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'7 years 5 months
Enterprise Intelligence \| KANA Software Inc.	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'8 years 1 month
Enterprise Intelligence \| KANA Software Inc. \| Customer Relationships \| Minimum	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Finite-Lived Intangible Asset, Useful Life	'5 years
Enterprise Intelligence \| KANA Software Inc. \| Customer Relationships \| Maximum	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Finite-Lived Intangible Asset, Useful Life	'10 years
Enterprise Intelligence \| KANA Software Inc. \| Acquired Technology \| Minimum	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Finite-Lived Intangible Asset, Useful Life	'3 years
Enterprise Intelligence \| KANA Software Inc. \| Acquired Technology \| Maximum	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Finite-Lived Intangible Asset, Useful Life	'5 years
Enterprise Intelligence \| KANA Software Inc. \| Trademarks and Trade Names	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Finite-Lived Intangible Asset, Useful Life	'5 years
Communications Intelligence \| UTX Acquisition	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Acquired Finite-lived Intangible Assets, Weighted Average Useful Life	'4 years
Communications Intelligence \| UTX Acquisition \| Customer Relationships	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Finite-Lived Intangible Asset, Useful Life	'3 years
Communications Intelligence \| UTX Acquisition \| Acquired Technology	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Finite-Lived Intangible Asset, Useful Life	'4 years
Communications Intelligence \| UTX Acquisition \| Other Intangible Assets	'
Acquired Finite-Lived Intangible Assets [Line Items]	'
Finite-Lived Intangible Asset, Useful Life	'4 years

BUSINESS_COMBINATIONS_BUSINESS4

BUSINESS COMBINATIONS BUSINESS COMBINATIONS - THREE MONTHS ENDED APRIL 30, 2014 - PRO FORMA INFORMATION (Details) (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]	'	'
Valuation Allowance, Deferred Tax Asset, Change in Amount	$45,171	$0
Business Acquisition, Pro Forma Information [Abstract]	'	'
Pro Forma Revenue	269,713	227,162
Pro Forma Net Income (Loss)	-2,808	12,419
Pro Forma Net Income (Loss) Attributable to Verint Systems Inc.	-3,671	11,203
Pro Forma Earnings (Loss) Per Share, Basic	($0.07)	$0.21
Pro Forma Earnings (Loss) Per Share, Diluted	($0.07)	$0.21
KANA Software Inc. \| Enterprise Intelligence	'	'
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]	'	'
Valuation Allowance, Deferred Tax Asset, Change in Amount	($45,200)	'

BUSINESS_COMBINATIONS_BUSINESS5

BUSINESS COMBINATIONS BUSINESS COMBINATIONS - PRIOR PERIODS (Details) (USD $)	3 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Jan. 31, 2014
	Series of Individually Immaterial Business Acquisitions [Member]	Series of Individually Immaterial Business Acquisitions [Member]	Communications Intelligence	Communications Intelligence
			Business Acquisition, August 2011 [Member]	Business Acquisition, August 2011 [Member]
Business Acquisition	'	'	'	'
Changes in fair values, recorded in operating expenses	$200,000	($800,000)	'	'
Fair Value, Measurement with Unobservable Inputs Reconciliation, Recurring Basis, Liability, Settlements	3,100,000	3,900,000	'	'
Business Acquisition, Current and Non-Current Liabilities, Preacquisition Contingency Accrual	'	'	3,500,000	3,400,000
Business Combinations, Indemnification Assets, Current Portion	'	'	$2,300,000	$2,259,000

INTANGIBLE_ASSETS_AND_GOODWILL2

INTANGIBLE ASSETS AND GOODWILL - INTANGIBLE ASSETS (Details) (USD $)	3 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Jan. 31, 2014
Acquisition-related intangible assets	'	'	'
Intangible assets with finite lives, Cost	$638,498,000	'	$368,287,000
Intangible assets with finite lives, Accumulated Amortization	-256,476,000	'	-237,140,000
Intangible assets with finite lives, Net	382,022,000	'	131,147,000
Total intangible assets, cost	640,198,000	'	369,987,000
Total intangible assets, net	383,722,000	'	132,847,000
Total amortization expense for acquisition-related intangible assets	17,561,000	9,671,000	'
Impairment of finite-lived intangible assets	0	0	'
Enterprise Intelligence	'	'	'
Acquisition-related intangible assets	'	'	'
Total intangible assets, net	324,423,000	'	115,928,000
Communications Intelligence	'	'	'
Acquisition-related intangible assets	'	'	'
Total intangible assets, net	57,521,000	'	14,856,000
Video Intelligence	'	'	'
Acquisition-related intangible assets	'	'	'
Total intangible assets, net	1,778,000	'	2,063,000
In-process research and development, with indefinite lives	'	'	'
Acquisition-related intangible assets	'	'	'
Intangible assets with indefinite lives, cost	1,700,000	'	1,700,000
Customer Relationships	'	'	'
Acquisition-related intangible assets	'	'	'
Intangible assets with finite lives, Cost	397,005,000	'	240,208,000
Intangible assets with finite lives, Accumulated Amortization	-152,758,000	'	-141,714,000
Intangible assets with finite lives, Net	244,247,000	'	98,494,000
Acquired Technology	'	'	'
Acquisition-related intangible assets	'	'	'
Intangible assets with finite lives, Cost	204,799,000	'	106,361,000
Intangible assets with finite lives, Accumulated Amortization	-83,924,000	'	-76,922,000
Intangible assets with finite lives, Net	120,875,000	'	29,439,000
Trade Names	'	'	'
Acquisition-related intangible assets	'	'	'
Intangible assets with finite lives, Cost	25,249,000	'	13,378,000
Intangible assets with finite lives, Accumulated Amortization	-12,351,000	'	-11,378,000
Intangible assets with finite lives, Net	12,898,000	'	2,000,000
Non-competition Agreements	'	'	'
Acquisition-related intangible assets	'	'	'
Intangible assets with finite lives, Cost	6,619,000	'	5,514,000
Intangible assets with finite lives, Accumulated Amortization	-5,166,000	'	-4,970,000
Intangible assets with finite lives, Net	1,453,000	'	544,000
Distribution Network	'	'	'
Acquisition-related intangible assets	'	'	'
Intangible assets with finite lives, Cost	4,440,000	'	2,440,000
Intangible assets with finite lives, Accumulated Amortization	-1,957,000	'	-1,840,000
Intangible assets with finite lives, Net	2,483,000	'	600,000
Backlog	'	'	'
Acquisition-related intangible assets	'	'	'
Intangible assets with finite lives, Cost	386,000	'	386,000
Intangible assets with finite lives, Accumulated Amortization	-320,000	'	-316,000
Intangible assets with finite lives, Net	$66,000	'	$70,000

INTANGIBLE_ASSETS_AND_GOODWILL3

INTANGIBLE ASSETS AND GOODWILL INTANGIBLE ASSETS AND GOODWILL - FUTURE AMORTIZATION OF INTANGIBLE ASSETS (Details) (USD $)	Apr. 30, 2014	Jan. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Intangible Assets - Future Amortization [Abstract]	'	'
2015 (remainder of year)	$61,112	'
2016	78,605	'
2017	75,012	'
2018	55,164	'
2019	26,016	'
2020 and thereafter	86,113	'
Total	$382,022	$131,147

INTANGIBLE_ASSETS_AND_GOODWILL4

INTANGIBLE ASSETS AND GOODWILL - GOODWILL (Details) (USD $)	3 Months Ended
INTANGIBLE ASSETS AND GOODWILL - GOODWILL (Details) (USD $)	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014
Goodwill activity	'	'	'
Goodwill, gross at the beginning of the period	$920,254,000	'	$1,309,825,000
Accumulated impairment losses	66,865,000	'	66,865,000
Goodwill, net at the beginning of the period	853,389,000	'	'
Business combinations	377,479,000	'	'
Foreign currency translation and other	12,092,000	'	'
Goodwill, net, at the end of the period	1,242,960,000	'	'
Goodwill Impairments	'	'	'
Impairments of goodwill	0	0	'
Enterprise Intelligence	'	'	'
Goodwill activity	'	'	'
Goodwill, gross at the beginning of the period	795,722,000	'	1,136,086,000
Accumulated impairment losses	30,791,000	'	30,791,000
Goodwill, net at the beginning of the period	764,931,000	'	'
Business combinations	329,147,000	'	'
Foreign currency translation and other	11,217,000	'	'
Goodwill, net, at the end of the period	1,105,295,000	'	'
Communications Intelligence	'	'	'
Goodwill activity	'	'	'
Goodwill, gross at the beginning of the period	47,838,000	'	96,597,000
Accumulated impairment losses	0	'	0
Goodwill, net at the beginning of the period	47,838,000	'	'
Business combinations	48,332,000	'	'
Foreign currency translation and other	427,000	'	'
Goodwill, net, at the end of the period	96,597,000	'	'
Video Intelligence	'	'	'
Goodwill activity	'	'	'
Goodwill, gross at the beginning of the period	76,694,000	'	77,142,000
Accumulated impairment losses	36,074,000	'	36,074,000
Goodwill, net at the beginning of the period	40,620,000	'	'
Business combinations	0	'	'
Foreign currency translation and other	448,000	'	'
Goodwill, net, at the end of the period	$41,068,000	'	'

LONGTERM_DEBT_LONGTERM_DEBT_SU

LONG-TERM DEBT LONG-TERM DEBT - SUMMARY (Details) (USD $)	Apr. 30, 2014	Mar. 07, 2014	Jan. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2014	Mar. 07, 2014	Jan. 31, 2014
Debt Instrument	'	'	'
Total debt	$1,029,861	'	$642,385
Current maturities of long-term debt	9,496	'	6,555
Long-term debt	1,020,365	'	635,830
February 2014 Term Loans	'	'	'
Debt Instrument	'	'	'
Gross term loan borrowings	300,000	'	0
Unamortized term loan discount	-720	'	0
Term Loans	299,280	'	0
March 2014 Term Loans	'	'	'
Debt Instrument	'	'	'
Gross term loan borrowings	643,500	'	'
Term Loans	643,500	643,500	0
March 2013 Term Loans	'	'	'
Debt Instrument	'	'	'
Gross term loan borrowings	0	'	645,125
Unamortized term loan discount	0	'	-2,827
Term Loans	0	'	642,298
2013 Revolving Line of Credit	'	'	'
Debt Instrument	'	'	'
Borrowings Under Line of Credit Facility	87,000	'	0
Other debt	'	'	'
Debt Instrument	'	'	'
Total debt	$81	'	$87

LONGTERM_DEBT_LONGTERM_DEBT_CR

LONG-TERM DEBT LONG-TERM DEBT - CREDIT AGREEMENT (2011 AGREEMENT) (Details) (USD $)	1 Months Ended
	Apr. 30, 2011	Apr. 30, 2011	Apr. 30, 2011	Mar. 06, 2013
	April 2011 Term Loans	2011 Revolving Line of Credit	2011 Credit Agreement	2011 Credit Agreement
				April 2011 Term Loans
Debt Instrument	'	'	'	'
Line of Credit Facility, Maximum Borrowing Capacity	'	$170,000,000	$770,000,000	'
Long-term Debt, Gross	600,000,000	'	'	'
Line of Credit Facility, Current Borrowing Capacity	'	'	300,000,000	'
Term loan discount (as a percent)	0.50%	'	'	'
Unamortized term loan discount	3,000,000	'	'	2,200,000
Proceeds from Issuance of Debt	597,000,000	'	'	'
Deferred debt issuance costs, gross	'	'	$14,800,000	'

LONGTERM_DEBT_LONGTERM_DEBT_CR1

LONG-TERM DEBT LONG-TERM DEBT - CREDIT AGREEMENT (2013 AMENDMENTS) (Details) (USD $)	1 Months Ended	3 Months Ended				1 Months Ended
	Mar. 31, 2013	Apr. 30, 2014	Mar. 07, 2014	Mar. 06, 2013	Mar. 06, 2013	Mar. 31, 2013	Apr. 30, 2011	Mar. 06, 2013
	March 2013 Term Loans	March 2013 Term Loans	March 2013 Term Loans	March 2013 Term Loans	2013 Revolving Line of Credit	April 2011 Term Loans	April 2011 Term Loans	2013 Amended Credit Agreement
Debt Instrument	'	'	'	'	'	'	'	'
Line of Credit Facility, Maximum Borrowing Capacity	'	'	'	'	$200,000,000	'	'	$850,000,000
Long-term Debt, Gross	'	'	'	650,000,000	'	'	600,000,000	'
Line of Credit Facility, Current Borrowing Capacity	'	'	'	'	'	'	'	300,000,000
Term loan discount (as a percent)	0.50%	'	'	'	'	'	0.50%	'
Unamortized term loan discount	'	'	2,800,000	3,300,000	'	'	3,000,000	'
Proceeds from Issuance of Debt	646,700,000	'	'	'	'	'	597,000,000	'
Repayments of Debt	'	$643,500,000	'	'	'	$576,000,000	'	'

LONGTERM_DEBT_LONGTERM_DEBT_CR2

LONG-TERM DEBT LONG-TERM DEBT - CREDIT AGREEMENT (2014 AMENDMENTS) (Details) (USD $)

3 Months Ended

1 Months Ended

3 Months Ended

1 Months Ended

Apr. 30, 2014

Apr. 30, 2013

Apr. 30, 2014

Jan. 31, 2014

Apr. 30, 2014

Jan. 31, 2014

Mar. 31, 2013

Apr. 30, 2014

Mar. 07, 2014

Mar. 06, 2013

Apr. 30, 2014

Mar. 07, 2014

Jan. 31, 2014

Feb. 03, 2014

Feb. 28, 2014

Apr. 30, 2014

Feb. 28, 2014

Feb. 03, 2014

Mar. 07, 2014

Mar. 31, 2013

2013 Revolving Line of Credit

February 2014 Term Loans

March 2013 Term Loans

March 2014 Term Loans

2013 Amended Credit Agreement - 2014 Amendments

Line of Credit Facility Covenant Period Until January 2016

Line of Credit Facility Covenant Period January 2016 Thereafter

2013 Revolving Line of Credit

February 2014 Term Loans

March 2014 Term Loans

2013 Revolving Line of Credit

2013 Amended Credit Agreement

numerator

Debt Instrument

Consolidated Total Debt to Consolidated EBITDA Ratio

4.5

Line of Credit Facility, Current Borrowing Capacity

$200,000,000

Proceeds from Lines of Credit

125,000,000

Proceeds from Issuance of Debt

646,700,000

300,000,000

Term loan discount (as a percent)

0.50%

0.25%

Unamortized term loan discount

720,000

2,800,000

3,300,000

800,000

Losses on extinguishment of debt

-7,092,000

-9,706,000

-7,100,000

Borrowings Under Line of Credit Facility

87,000,000

Repayments of Debt

643,500,000

Term Loans

299,280,000

643,500,000

Unamortized deferred costs

$4,300,000

$7,000,000

$2,500,000

LONGTERM_DEBT_LONGTERM_DEBT_CR3

LONG-TERM DEBT LONG-TERM DEBT - CREDIT AGREEMENT INTEREST RATE DETAILS - 2013 AMENDMENTS (Details) (2013 Amended Credit Agreement)	3 Months Ended
	Apr. 30, 2014
Eurodollar loans	'
Debt Instrument	'
Interest period (in months)	'3 months
March 2013 Term Loans	'
Debt Instrument	'
Interest rate at end of period (as a percent)	4.00%
Adjusted LIBO Rate \| Eurodollar loans	'
Debt Instrument	'
Variable rate basis	'Adjusted LIBO Rate
Interest rate margin (as a percent)	3.00%
Rate used to calculate reference rate (as a percent)	1.00%
Adjusted LIBO Rate \| Base Rate loans	'
Debt Instrument	'
Interest period (in months)	'1 month
Interest rate margin (as a percent)	1.00%
Base Rate \| Base Rate loans	'
Debt Instrument	'
Variable rate basis	'Base Rate
Interest rate margin (as a percent)	2.00%
Federal Funds Effective Rate \| Base Rate loans	'
Debt Instrument	'
Variable rate basis	'Federal Funds Effective Rate
Interest rate margin (as a percent)	0.50%
Corporate Credit Ratings of BB- and Ba3 or Better \| Base Rate loans	'
Debt Instrument	'
Interest rate margin (as a percent)	1.75%
Corporate Credit Ratings of BB- and Ba3 or Better \| Adjusted LIBO Rate \| Eurodollar loans	'
Debt Instrument	'
Interest rate margin (as a percent)	2.75%

LONGTERM_DEBT_LONGTERM_DEBT_CR4

LONG-TERM DEBT LONG-TERM DEBT - CREDIT AGREEMENT INTEREST RATE DETAILS - 2014 AMENDMENTS (Details)

1 Months Ended

3 Months Ended

Mar. 31, 2013

Feb. 28, 2014

Apr. 30, 2014

Mar. 07, 2014

Feb. 03, 2014

Apr. 30, 2014

March 2013 Term Loans

2013 Amended Credit Agreement - 2014 Amendments

2013 Amended Credit Agreement

Adjusted LIBO Rate

Base Rate

Federal Funds Effective Rate

February 2014 Term Loans

March 2014 Term Loans

Eurodollar loans

2013 Revolving Line of Credit

Eurodollar loans

2013 Amended Credit Agreement - 2014 Amendments

2013 Amended Credit Agreement

2013 Amended Credit Agreement - 2014 Amendments

2013 Amended Credit Agreement

2013 Amended Credit Agreement - 2014 Amendments

2013 Amended Credit Agreement

Eurodollar loans

Base Rate loans

Eurodollar loans

Base Rate loans

Debt Instrument

Term loan discount (as a percent)

0.50%

0.25%

Interest period (in months)

'3 months

'1 month

Variable rate basis

'Adjusted LIBO Rate

'Base Rate

'Federal Funds Effective Rate

Interest rate margin (as a percent)

2.75%

1.00%

3.00%

1.00%

1.75%

2.00%

0.50%

Rate used to calculate reference rate (as a percent)

0.75%

1.00%

Interest Rate

3.50%

4.00%

Effective Interest Rate

4.02%

3.58%

LONGTERM_DEBT_LONGTERM_DEBT_DE

LONG-TERM DEBT LONG-TERM DEBT - DEBT FEES (Details) (USD $)

3 Months Ended

12 Months Ended

3 Months Ended

Apr. 30, 2014

Apr. 30, 2013

Apr. 30, 2014

Jan. 31, 2014

Apr. 30, 2014

Mar. 07, 2014

Mar. 06, 2013

Apr. 30, 2011

Mar. 06, 2013

Jan. 31, 2014

Mar. 06, 2013

Apr. 30, 2014

Mar. 06, 2013

Mar. 07, 2014

Feb. 03, 2014

February 2014 Term Loans

March 2013 Term Loans

April 2011 Term Loans

2011 Credit Agreement

2013 Amended Credit Agreement

2013 Amended Credit Agreement - 2014 Amendments

April 2011 Term Loans

2011 Revolving Line of Credit

March 2013 Term Loans

2013 Revolving Line of Credit

March 2014 Term Loans

February 2014 Term Loans

Debt Instrument

Unamortized deferred costs

$4,300,000

$11,000,000

$7,500,000

$3,500,000

$7,500,000

$5,000,000

$2,500,000

$7,000,000

Unamortized term loan discount

720,000

2,800,000

3,300,000

3,000,000

2,200,000

800,000

Losses on extinguishment of debt

($7,092,000)

($9,706,000)

($7,100,000)

($9,700,000)

Commitment fee on undrawn portion (as a percent)

0.50%

LONGTERM_DEBT_LONGTERM_DEBT_FU

LONG-TERM DEBT LONG-TERM DEBT - FUTURE AMORTIZATION (Details) (USD $)	Mar. 06, 2013	Apr. 30, 2014	Jan. 31, 2014	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2014	Apr. 30, 2014
	March 2013 Term Loans	February 2014 Term Loans	February 2014 Term Loans	March 2014 Term Loans	2013 Amended Credit Agreement	2013 Amended Credit Agreement	2013 Amended Credit Agreement - 2014 Amendments	2013 Amended Credit Agreement - 2014 Amendments
					March 2013 Term Loans	February 2014 Term Loans	February 2014 Term Loans	March 2014 Term Loans
Debt Instrument	'	'	'	'	'	'	'	'
Principal payments required per quarter	'	'	'	'	$1,600,000	'	$800,000	$1,600,000
Term loan prepayment adjustment - number of consecutive scheduled principal payments applied to first	'	'	'	'	'	'	'	8
Interest Rate Premium Applicable To A Repricing Transaction	'	'	'	'	'	'	1.00%	'
2015 (remainder of year)	'	'	'	4,826,000	'	2,250,000	'	'
2016	'	'	'	6,435,000	'	3,000,000	'	'
2017	'	'	'	6,435,000	'	3,000,000	'	'
2018	'	'	'	6,435,000	'	3,000,000	'	'
2019	'	'	'	6,435,000	'	3,000,000	'	'
2020	'	'	'	612,934,000	'	285,750,000	'	'
Total	$650,000,000	$300,000,000	$0	$643,500,000	'	$300,000,000	'	'

LONGTERM_DEBT_LONGTERM_DEBT_IN

LONG-TERM DEBT LONG-TERM DEBT - INTEREST EXPENSE (Details) (USD $)	3 Months Ended
	Apr. 30, 2014	Apr. 30, 2013
Debt Instrument	'	'
Interest expense under credit facilities	$9,200,000	$6,400,000
Amortization of deferred financing costs	700,000	600,000
Amortization of term loan discount	$100,000	$110,000

LONGTERM_DEBT_LONGTERM_DEBT_OT

LONG-TERM DEBT LONG-TERM DEBT - OTHER DEBT (Details) (USD $)	Apr. 30, 2014	Jan. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Debt Instrument	'	'
Total debt	$1,029,861	$642,385
Other debt	'	'
Debt Instrument	'	'
Total debt	$81	$87

SUPPLEMENTAL_CONDENSED_CONSOLI2

SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION - INVENTORIES (Details) (USD $)	Apr. 30, 2014	Jan. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Inventories	'	'
Raw materials	$7,522	$3,190
Work-in-process	7,576	5,645
Finished goods	1,641	1,858
Total inventories	$16,739	$10,693

SUPPLEMENTAL_CONDENSED_CONSOLI3

SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION - OTHER INCOME (EXPENSE) (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Other income (expense), net:	'	'
Foreign Currency Transaction Gain (Loss), before Tax	$3,195	($1,720)
(Losses) gains on derivative financial instruments, net	-737	430
Other, net	370	-518
Total other income (expense), net	$2,828	($1,808)

SUPPLEMENTAL_CONDENSED_CONSOLI4

SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION SUPPLEMENTAL CONDENSED CONSOLIDATED FINANCIAL STATEMENT INFORMATION - CASH FLOWS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Supplemental information regarding consolidated cash flows	'	'
Cash paid for interest	$9,850	$6,985
Cash payments of income taxes, net of refunds received	3,477	2,685
Non-cash investing and financing transactions:	'	'
Net non-cash assets acquired in CTI Merger	0	3,727
Accrued but unpaid purchases of property and equipment	780	792
Inventory transfers to property and equipment	25	153
Liabilities for contingent consideration in business combinations	4,947	0
Stock options exercised, proceeds received subsequent to period end	106	1
Purchases under supplier financing arrangements	280	0
Accrued but unpaid debt issuance and other debt-related costs	$363	$741

STOCKHOLDERS_EQUITY_TREASURY_S

STOCKHOLDERS' EQUITY - TREASURY STOCK/NONCONTROLLING INTEREST (Details) (USD $)	Apr. 30, 2014	Jan. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Class of Stock [Line Items]	'	'
Treasury stock, (in shares)	302	302
Treasury stock, cost	$8,013	$8,013
Noncontrolling ownership percentage in joint venture (as a percent)	50.00%	'

STOCKHOLDERS_EQUITY_STOCKHOLDE

STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY - SCHEDULE OF ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Activity in Accumulated Other Comprehensive Loss	'	'
Accumulated other comprehensive income (loss) - beginning balance	($39,725)	'
Other comprehensive income (loss) before reclassifications	17,711	'
Amounts reclassified out of accumulated other comprehensive income (loss)	-795	-710
Net other comprehensive income (loss), current period	16,916	'
Accumulated other comprehensive income (loss) - ending balance	-22,809	'
Unrealized gains on derivative financial instruments designated as hedges	'	'
Activity in Accumulated Other Comprehensive Loss	'	'
Accumulated other comprehensive income (loss) - beginning balance	1,485	'
Other comprehensive income (loss) before reclassifications	1,004	'
Amounts reclassified out of accumulated other comprehensive income (loss)	795	'
Net other comprehensive income (loss), current period	209	'
Accumulated other comprehensive income (loss) - ending balance	1,694	'
Unrealized gains on available-for-sale investments	'	'
Activity in Accumulated Other Comprehensive Loss	'	'
Accumulated other comprehensive income (loss) - beginning balance	9	'
Other comprehensive income (loss) before reclassifications	-3	'
Amounts reclassified out of accumulated other comprehensive income (loss)	0	'
Net other comprehensive income (loss), current period	-3	'
Accumulated other comprehensive income (loss) - ending balance	6	'
Foreign currency translation adjustments	'	'
Activity in Accumulated Other Comprehensive Loss	'	'
Accumulated other comprehensive income (loss) - beginning balance	-41,219	'
Other comprehensive income (loss) before reclassifications	16,710	'
Amounts reclassified out of accumulated other comprehensive income (loss)	0	'
Net other comprehensive income (loss), current period	16,710	'
Accumulated other comprehensive income (loss) - ending balance	($24,509)	'

STOCKHOLDERS_EQUITY_STOCKHOLDE1

STOCKHOLDERS' EQUITY STOCKHOLDERS' EQUITY - AMOUNTS RECLASSIFIED OUT OF ACCUMULATED OTHER COMPREHENSIVE LOSS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	'	'
Net Gains Reclassified from Other Comprehensive Income (Loss) into the Consolidated Statements of Operations	($830)	($780)
Other Comprehensive Income (Loss), Reclassification Adjustment on Derivatives Included in Net Income, Income Taxes	-35	-70
Amounts reclassified out of accumulated other comprehensive income (loss)	-795	-710
Cost of revenue - product	'	'
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	'	'
Net Gains Reclassified from Other Comprehensive Income (Loss) into the Consolidated Statements of Operations	-65	-66
Cost of revenue - service and support	'	'
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	'	'
Net Gains Reclassified from Other Comprehensive Income (Loss) into the Consolidated Statements of Operations	-61	-66
Research and development, net	'	'
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	'	'
Net Gains Reclassified from Other Comprehensive Income (Loss) into the Consolidated Statements of Operations	-481	-438
Selling, general and administrative	'	'
Reclassifications Out of Accumulated Other Comprehensive Income (Loss)	'	'
Net Gains Reclassified from Other Comprehensive Income (Loss) into the Consolidated Statements of Operations	($223)	($210)

CONVERTIBLE_PREFERRED_STOCK_De

CONVERTIBLE PREFERRED STOCK (Details) (Series A Preferred Stock [Member], USD $)	Feb. 04, 2013	Jan. 31, 2013	25-May-07
In Millions, except Share data, unless otherwise specified	Feb. 04, 2013	Jan. 31, 2013	Comverse
CONVERTIBLE PREFERRED STOCK	'	'	'
Series A convertible preferred stock, issued (in shares)	'	'	293,000
Aggregate purchase price	'	'	$293
Preferred Stock, authorized (in shares)	2,207,000	2,500,000	'

INCOME_TAXES_INCOME_TAXES_PROV

INCOME TAXES INCOME TAXES - PROVISION FOR INCOME TAXES (Details) (USD $)	3 Months Ended
	Apr. 30, 2014	Apr. 30, 2013
Valuation Allowance	'	'
Valuation Allowance, Deferred Tax Asset, Change in Amount	$45,171,000	$0
Income Tax Disclosures	'	'
(Benefit from) provision for income taxes	-42,088,000	3,103,000
Loss before provision for income taxes	-13,300,000	-4,800,000
Effective income tax rate (as a percent)	317.20%	-64.20%
Income tax expense, excluding valuation allowance release	3,100,000	'
Effective income tax rate, excluding valuation allowance release (as a percent)	-23.20%	'
Enterprise Intelligence \| KANA Software Inc.	'	'
Valuation Allowance	'	'
Valuation Allowance, Deferred Tax Asset, Change in Amount	($45,200,000)	'

INCOME_TAXES_INCOME_TAXES_UNRE

INCOME TAXES INCOME TAXES - UNRECOGNIZED TAX BENEFITS (Details) (USD $)	Apr. 30, 2014	Jan. 31, 2014
In Millions, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Income Tax Disclosure [Abstract]	'	'
Unrecognized Tax Benefits	$151.50	$145.40
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	10.2	8.7
Unrecognized Tax Benefits that Would Impact Effective Tax Rate	145.8	139.7
Significant Change in Unrecognized Tax Benefits is Reasonably Possible, Amount of Unrecorded Benefit	$3.20	'

FAIR_VALUE_MEASUREMENTS_FAIR_V

FAIR VALUE MEASUREMENTS - FAIR VALUE TABLE (Details) (Recurring, USD $)	Apr. 30, 2014	Jan. 31, 2014
In Thousands, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
Level 1	'	'
Assets:	'	'
Money market funds	$536	$14,023
Commercial Paper (with remaining maturities of three months or less at time of purchase, classified within cash and cash equivalents)	'	0
Short-term investments, classified as available-for-sale	0	0
Foreign currency forward contracts	0	0
Total assets	536	14,023
Liabilities:	'	'
Foreign currency forward contracts	0	0
Contingent consideration- business combinations	0	0
Total liabilities	0	0
Level 2	'	'
Assets:	'	'
Money market funds	0	0
Commercial Paper (with remaining maturities of three months or less at time of purchase, classified within cash and cash equivalents)	'	49,991
Short-term investments, classified as available-for-sale	9,554	9,406
Foreign currency forward contracts	2,154	2,466
Total assets	11,708	61,863
Liabilities:	'	'
Foreign currency forward contracts	920	846
Contingent consideration- business combinations	0	0
Total liabilities	920	846
Level 3	'	'
Assets:	'	'
Money market funds	0	0
Commercial Paper (with remaining maturities of three months or less at time of purchase, classified within cash and cash equivalents)	'	0
Short-term investments, classified as available-for-sale	0	0
Foreign currency forward contracts	0	0
Total assets	0	0
Liabilities:	'	'
Foreign currency forward contracts	0	0
Contingent consideration- business combinations	19,119	17,307
Total liabilities	$19,119	$17,307

FAIR_VALUE_MEASUREMENTS_CONTIN

FAIR VALUE MEASUREMENTS - CONTINGENT CONSIDERATION TABLE (Details) (Liability for contingent consideration, USD $)	3 Months Ended			12 Months Ended	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2014	Jan. 31, 2014	Apr. 30, 2014	Jan. 31, 2014
	Apr. 30, 2014	Apr. 30, 2013	Minimum	Minimum	Maximum	Maximum
Changes in the estimated fair value of liability for contingent consideration measured using significant unobservable inputs (Level 3)	'	'	'	'	'	'
Fair value measurement at the beginning of the period	$17,307	$25,041	'	'	'	'
Contingent consideration liabilities recorded for business combinations	4,947	0	'	'	'	'
Changes in fair values, recorded in operating expenses	-194	757	'	'	'	'
Payments of contingent consideration	-3,080	-3,928	'	'	'	'
Foreign exchange translation and other	139	0	'	'	'	'
Fair value measurement at the end of the period	$19,119	$21,870	'	'	'	'
Discount rates (as a percent)	'	'	1.10%	1.10%	40.00%	27.00%

FAIR_VALUE_MEASUREMENTS_OTHER_

FAIR VALUE MEASUREMENTS - OTHER FAIR VALUE DISCLOSURES (Details) (Estimate of Fair Value Measurement, Level 3, USD $)	Apr. 30, 2014	Jan. 31, 2014
In Millions, unless otherwise specified	Apr. 30, 2014	Jan. 31, 2014
2013 Revolving Line of Credit	'	'
Assets and Liabilities Measured at Fair Value on Recurring Basis	'	'
Revolving Line of Credit, Fair Value Disclosure	$80	'
Term Loans	'	'
Assets and Liabilities Measured at Fair Value on Recurring Basis	'	'
Term Loans, Fair Value Disclosure	$941	$647

DERIVATIVE_FINANCIAL_INSTRUMEN2

DERIVATIVE FINANCIAL INSTRUMENTS - ASSETS AND LIABILITIES (Details) (USD $)	3 Months Ended
	Apr. 30, 2014	Jan. 31, 2014
Derivative designated as hedging instruments	'	'
Fair Values of Derivative Financial Instruments	'	'
Assets, Fair Value	$2,147,000	$2,245,000
Liabilities, Fair Value	319,000	769,000
Derivative not designated as hedging instruments	'	'
Fair Values of Derivative Financial Instruments	'	'
Assets, Fair Value	7,000	221,000
Liabilities, Fair Value	601,000	77,000
Foreign currency forward contracts	'	'
Fair Values of Derivative Financial Instruments	'	'
Term to maturity of derivative contracts is generally this period (in months)	'12 months	'
Notional amounts of derivative financial instruments	131,800,000	127,600,000
Foreign currency forward contracts \| Derivative designated as hedging instruments	'	'
Fair Values of Derivative Financial Instruments	'	'
Assets, Fair Value	2,147,000	2,245,000
Liabilities, Fair Value	319,000	769,000
Foreign currency forward contracts \| Derivative not designated as hedging instruments	'	'
Fair Values of Derivative Financial Instruments	'	'
Assets, Fair Value	7,000	221,000
Liabilities, Fair Value	$601,000	$77,000

DERIVATIVE_FINANCIAL_INSTRUMEN3

DERIVATIVE FINANCIAL INSTRUMENTS - GAINS AND LOSSES (Details) (USD $)	3 Months Ended
	Apr. 30, 2014	Apr. 30, 2013	Jan. 31, 2014
DERIVATIVE FINANCIAL INSTRUMENTS	'	'	'
Net Gains Reclassified from Other Comprehensive Income (Loss) into the Consolidated Statements of Operations	($830,000)	($780,000)	'
Derivative not designated as hedging instruments	'	'	'
DERIVATIVE FINANCIAL INSTRUMENTS	'	'	'
Loss recognized on derivative	-737,000	'	'
Gain recognized on derivative	'	430,000	'
Foreign currency forward contracts \| Derivative designated as hedging instruments	'	'	'
DERIVATIVE FINANCIAL INSTRUMENTS	'	'	'
Foreign currency forward contracts underlying net losses recorded in accumulated other comprehensive loss expected to be reclassified into earnings within the next twelve months	-1,700,000	'	'
Foreign currency forward contracts \| Derivative not designated as hedging instruments	'	'	'
DERIVATIVE FINANCIAL INSTRUMENTS	'	'	'
Loss recognized on derivative	-737,000	'	'
Gain recognized on derivative	'	430,000	'
Foreign currency forward contracts \| Cash flow hedging \| Derivative designated as hedging instruments	'	'	'
DERIVATIVE FINANCIAL INSTRUMENTS	'	'	'
Net Gains Recognized in Accumulated Other Comprehensive Income (Loss)	1,694,000	'	1,485,000
Net Gains Reclassified from Other Comprehensive Income (Loss) into the Consolidated Statements of Operations	830,000	780,000	'
Gains (losses) from ineffectiveness	$0	$0	'

STOCKBASED_COMPENSATION_STOCKB

STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION - STOCK-BASED COMPENSATION EXPENSE (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	$11,489	$6,233
Equity Classified Awards	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	10,228	5,719
Liability Classified Awards	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	1,261	514
Restricted stock units and restricted stock awards	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	10,389	5,361
Stock options	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	15	53
Phantom stock units	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	21	31
Stock Bonus Program	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	1,064	788
Cost of revenue - product	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	198	130
Cost of revenue - service and support	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	887	267
Research and development, net	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	1,202	613
Selling, general and administrative	'	'
Stock-Based Compensation Plans	'	'
Allocated Share-based Compensation Expense	$9,202	$5,223

STOCKBASED_COMPENSATION_STOCKB1

STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION - STOCK OPTIONS (Details) (USD $)	3 Months Ended
Share data in Thousands, except Per Share data, unless otherwise specified	Apr. 30, 2014
Stock option activity	'
Beginning balance (in shares)	516
Exercised (in shares)	-181
Ending balance (in shares)	335
Stock options exercisable (in shares)	335
Weighted-Average Exercise Price	'
Beginning balance (in dollars per share)	$34.60
Exercised (in dollars per share)	$34.56
Ending balance (in dollars per share)	$34.62
Stock options exercisable (in dollars per share)	$34.62
Additional disclosures	'
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Stock Options	$0
Stock options	'
Additional disclosures	'
Employee Service Share-based Compensation, Cash Received from Exercise of Stock Options	$6,200,000

STOCKBASED_COMPENSATION_STOCKB2

STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION - RESTRICTED STOCK UNITS (Details) (RSUs, USD $)	3 Months Ended
In Millions, except Share data in Thousands, unless otherwise specified	Apr. 30, 2014
RSUs	'
Summary of award activity	'
Beginning balance (in shares)	2,250
Granted (in shares)	1,405
Released (in shares)	-251
Forfeited (in shares)	-23
Ending balance (in shares)	3,381
Weighted-Average Grant-Date Fair Value	'
Beginning balance (in dollars per share)	$33.77
Granted (in dollars per share)	$45.85
Released (in dollars per share)	$32.95
Forfeited (in dollars per share)	$33.81
Ending balance (in dollars per share)	$38.86
Additional disclosures	'
Unrecognized compensation expense	$92.80
Remaining period over which unrecognized compensation is to be recognized	'2 years

STOCKBASED_COMPENSATION_STOCKB3

STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION - PHANTOM STOCK (Details) (Phantom stock units, USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Phantom stock units	'	'
Stock-Based Compensation Plans	'	'
Total accrued liability	$0	$0
Total cash payments made upon vesting of phantom stock	$0	'

STOCKBASED_COMPENSATION_STOCKB4

STOCK-BASED COMPENSATION STOCK-BASED COMPENSATION - STOCK BONUS PROGRAM (Details) (Stock Bonus Program, USD $)	12 Months Ended
In Thousands, except Share data, unless otherwise specified	Jan. 31, 2015	Jan. 31, 2014	Apr. 30, 2014
Stock Bonus Program	'	'	'
Stock-Based Compensation Plans	'	'	'
Stock Bonus Program, Number of Shares Authorized	125,000	150,000	'
Discount from market price (as a percent)	15.00%	15.00%	'
Vesting period for executive officers	'1 year	'	'
Total accrued liability	'	$4,900	$5,900

MERGER_WITH_CTI_MERGER_WITH_CT

MERGER WITH CTI MERGER WITH CTI - OTHER DISCLOSURES (Details) (USD $)	Feb. 04, 2013	Jan. 31, 2013
In Millions, unless otherwise specified	CTI Merger	Comverse
Business Acquisition	'	'
Beneficial ownership position held by CTI (as a percent)	'	53.50%
Indemnification Obligations	$25	'
Amount in escrow account to support indemnification claims	$25	'

MERGER_WITH_CTI_MERGER_WITH_CT1

MERGER WITH CTI MERGER WITH CTI - EXCHANGE OF SHARES (Details)	Apr. 30, 2014	Jan. 31, 2014	Feb. 04, 2013
	Apr. 30, 2014	Jan. 31, 2014	CTI Merger
Merger with CTI	'	'	'
Number of common stock shares issued to CTI shareholders in the Merger (in shares)	'	'	28,600,000
CTI common stock shares issued and outstanding (in shares)	54,037,000	53,605,000	220,000,000
Shares of Common Stock Held by CTI (in shares)	'	'	16,300,000

MERGER_WITH_CTI_MERGER_WITH_CT2

MERGER WITH CTI MERGER WITH CTI - CONSOLIDATED FINANCIAL STATEMENT IMPACT (Details) (USD $)	Feb. 04, 2013
In Millions, unless otherwise specified	Feb. 04, 2013
Series A Preferred Stock [Member]	'
Business Acquisition	'
Preferred Stock, Carrying Amount	$285.50
CTI Merger	'
Business Acquisition	'
CTI's net assets at closing	$14.10

RELATED_PARTY_TRANSACTIONS_Det

RELATED PARTY TRANSACTIONS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013	Jan. 31, 2013
	Corporate Joint Venture	Corporate Joint Venture	Comverse
Related Party Transaction [Line Items]	'	'	'
Beneficial ownership position held by CTI (as a percent)	'	'	53.50%
Payments to Related Parties	$0	$0	'
Related Party Transaction, Expenses from Transactions with Related Party	0	0	'
Related Party Transaction, Revenues from Transactions with Related Party	$0	$0	'

COMMITMENTS_AND_CONTINGENCIES_1

COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES - WARRANTY OBLIGATIONS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
Product Warranties Disclosures [Abstract]	'	'
Warranty liability, beginning of year	$706	$1,045
Provision credited against expenses	-84	-158
Foreign currency translation and other	2	-4
Warranty liability, end of year	$624	$883

COMMITMENTS_AND_CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES COMMITMENTS AND CONTINGENCIES - LITIGATION (Details) (USD $)	3 Months Ended
In Millions, unless otherwise specified	Apr. 30, 2014
Loss Contingency, Information about Litigation Matters [Abstract]	'
Loss Contingency, Damages Sought, Value	$150

SEGMENT_INFORMATION_SEGMENT_OP

SEGMENT INFORMATION - SEGMENT OPERATING RESULTS (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Apr. 30, 2014	Apr. 30, 2013
	segment	Apr. 30, 2013
Revenue and segment contribution:	'	'
Revenues	$257,393	$204,786
Segment Contribution	90,006	69,704
Reconciliation of segment contribution to operating income	'	'
Amortization of acquired intangible assets	17,561	9,671
Allocated Share-based Compensation Expense	11,489	6,233
Total operating expenses	153,574	117,765
Operating income	996	13,713
Other Income (Expense) and Income Before Taxes	'	'
Other expense, net	-14,265	-18,547
Loss before (benefit from) provision for income taxes	-13,269	-4,834
Number of operating segments	3	'
Enterprise Intelligence	'	'
Revenue and segment contribution:	'	'
Revenues	154,818	112,923
Segment Contribution	65,129	43,803
Enterprise Intelligence \| Segment revenue	'	'
Revenue and segment contribution:	'	'
Revenues	166,633	113,176
Enterprise Intelligence \| Segment Reconciling Items	'	'
Revenue and segment contribution:	'	'
Revenues	-11,815	-253
Communications Intelligence	'	'
Revenue and segment contribution:	'	'
Revenues	76,135	63,065
Segment Contribution	19,636	19,689
Communications Intelligence \| Segment revenue	'	'
Revenue and segment contribution:	'	'
Revenues	76,249	63,263
Communications Intelligence \| Segment Reconciling Items	'	'
Revenue and segment contribution:	'	'
Revenues	-114	-198
Video Intelligence	'	'
Revenue and segment contribution:	'	'
Revenues	26,440	28,798
Segment Contribution	5,241	6,212
Video Intelligence \| Segment revenue	'	'
Revenue and segment contribution:	'	'
Revenues	26,440	28,965
Video Intelligence \| Segment Reconciling Items	'	'
Revenue and segment contribution:	'	'
Revenues	0	-167
Segment Reconciling Items	'	'
Reconciliation of segment contribution to operating income	'	'
Amortization of acquired intangible assets	17,561	9,671
Allocated Share-based Compensation Expense	11,489	6,233
Other unallocated expenses	59,960	40,087
Total operating expenses	$89,010	$55,991