NET (LOSS) INCOME PER COMMON SHARE ATTRIBUTABLE TO VERINT SYSTEMS INC. (Tables)

3 Months Ended

Apr. 30, 2025

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 (loss) income per common share attributable to Verint Systems Inc. for the three months ended April 30, 2025 and 2024:


	Three Months Ended April 30,
(in thousands, except per share amounts)	2025		2024
Net income	$	1,927	$	15,379


	Three Months Ended April 30,
(in thousands, except per share amounts)	2025		2024
Net income attributable to noncontrolling interests	305		138
Net income attributable to Verint Systems Inc.	1,622		15,241
Dividends on preferred stock	(4,000)		(5,200)
Net (loss) income attributable to Verint Systems Inc. for basic net loss per common share	(2,378)		10,041
Dilutive effect of dividends on preferred stock	—		—
Net (loss) income attributable to Verint Systems Inc. for diluted net income per common share	$	(2,378)	$	10,041

Weighted-average shares outstanding:
Basic	61,916		62,335
Dilutive effect of employee equity award plans	—		510
Dilutive effect of 2021 Notes	—		—
Dilutive effect of assumed conversion of preferred stock	—		—
Diluted	61,916		62,845

Net (loss) income per common share attributable to Verint Systems Inc.:
Basic	$	(0.04)	$	0.16
Diluted	$	(0.04)	$	0.16

Schedule of Anti-dilutive Securities

We excluded the following weighted-average potential common shares from the calculations of diluted net (loss) income per common share during the applicable periods because their inclusion would have been anti-dilutive:


	Three Months Ended April 30,
(in thousands)	2025	2024
Common shares excluded from calculation:
Restricted and performance stock-based awards	3,133	1,733
Series A Preferred Stock	5,498	5,498
Series B Preferred Stock	3,980	3,980

VERINT SYSTEMS INC 10-Q