2021 Q1 Form 10-K Financial Statement

#000116638821000028 Filed on March 31, 2021

View on sec.gov

Income Statement

Concept 2021 Q1 2021 2020 Q1
Revenue $225.1M $1.274B $339.2M
YoY Change -33.64% -2.3% 2.72%
Cost Of Revenue $112.0M $287.6M $119.9M
YoY Change -6.59% -5.46% 8.41%
Gross Profit $149.2M $542.7M $219.3M
YoY Change -31.97% 0.06% -0.14%
Gross Profit Margin 66.29% 42.61% 64.66%
Selling, General & Admin $143.1M $327.3M $121.7M
YoY Change 17.58% -13.68% 6.2%
% of Gross Profit 95.91% 60.32% 55.49%
Research & Development $64.80M $128.2M $58.10M
YoY Change 11.53% -4.53% 9.42%
% of Gross Profit 43.43% 23.61% 26.49%
Depreciation & Amortization $26.90M $85.38M $23.60M
YoY Change 13.98% 5.61% 3.96%
% of Gross Profit 18.03% 15.73% 10.76%
Operating Expenses $214.6M $485.3M $188.1M
YoY Change 14.09% -10.85% 6.87%
Operating Profit -$65.40M $57.42M $31.24M
YoY Change -309.34% -3010.39% -28.44%
Interest Expense -$7.400M $39.80M -$10.20M
YoY Change -27.45% -1.27% 7.37%
% of Operating Profit 69.32% -32.65%
Other Income/Expense, Net -$33.80M -$99.09M $0.00
YoY Change 163.57% -100.0%
Pretax Income -$25.55M -$41.66M $18.17M
YoY Change -240.64% 5.3% -46.08%
Income Tax -$200.0K $6.937M $11.50M
% Of Pretax Income 63.3%
Net Earnings -$19.92M -$7.267M $4.869M
YoY Change -509.16% -125.33% -82.17%
Net Earnings / Revenue -8.85% -0.57% 1.44%
Basic Earnings Per Share -$0.23 $0.07
Diluted Earnings Per Share -$302.4K -$0.23 $0.07
COMMON SHARES
Basic Shares Outstanding 65.79M shares 65.17M shares 64.13M shares
Diluted Shares Outstanding 65.17M shares

Balance Sheet

Concept 2021 Q1 2021 2020 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $714.9M $714.9M $399.4M
YoY Change 78.99% 78.99% -0.72%
Cash & Equivalents $585.3M $342.1M $379.1M
Short-Term Investments $51.00M $51.00M $20.20M
Other Short-Term Assets $19.69M $104.6M $131.8M
YoY Change -85.06% -20.64% -5.86%
Inventory $5.541M $20.10M $20.50M
Prepaid Expenses $23.13M
Receivables $206.2M $438.2M $382.4M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.278B $1.278B $999.1M
YoY Change 27.89% 27.89% -0.72%
LONG-TERM ASSETS
Property, Plant & Equipment $69.09M $195.1M $116.1M
YoY Change -40.5% -10.63% 15.96%
Goodwill $1.327B $1.311B
YoY Change 1.25% -7.51%
Intangibles $143.7M $197.8M
YoY Change -27.32% -12.18%
Long-Term Investments
YoY Change
Other Assets $97.22M $104.8M $118.0M
YoY Change -17.58% 1.35% 21.81%
Total Long-Term Assets $1.984B $1.984B $2.017B
YoY Change -1.66% -1.66% 8.4%
TOTAL ASSETS
Total Short-Term Assets $1.278B $1.278B $999.1M
Total Long-Term Assets $1.984B $1.984B $2.017B
Total Assets $3.261B $3.261B $3.016B
YoY Change 8.13% 8.13% 5.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.46M $77.00M $71.60M
YoY Change -50.47% 7.54% -0.02%
Accrued Expenses $211.5M $249.6M $229.7M
YoY Change -7.92% 43.53% 10.18%
Deferred Revenue $261.0M $397.4M
YoY Change -34.31% 5.29%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $386.7M $389.0M $4.250M
YoY Change 8999.13% 5457.14% -2.14%
Total Short-Term Liabilities $1.163B $1.163B $702.9M
YoY Change 65.52% 65.51% 6.21%
LONG-TERM LIABILITIES
Long-Term Debt $402.8M $405.8M $832.8M
YoY Change -51.64% -51.69% 7.07%
Other Long-Term Liabilities $42.72M $167.1M $67.16M
YoY Change -36.39% -12.47% -28.06%
Total Long-Term Liabilities $445.5M $572.9M $900.0M
YoY Change -50.5% -44.43% 3.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.163B $1.163B $702.9M
Total Long-Term Liabilities $445.5M $572.9M $900.0M
Total Liabilities $1.773B $1.788B $1.774B
YoY Change -0.02% 0.1% 10.42%
SHAREHOLDERS EQUITY
Retained Earnings -$113.8M -$105.6M
YoY Change 7.77% -21.36%
Common Stock $70.00K $68.00K
YoY Change 2.94% 1.49%
Preferred Stock
YoY Change
Treasury Stock (at cost) $208.1M $174.1M
YoY Change 19.53% 202.26%
Treasury Stock Shares 4.404M shares 3.791M shares
Shareholders Equity $1.267B $1.473B $1.229B
YoY Change
Total Liabilities & Shareholders Equity $3.261B $3.261B $3.016B
YoY Change 8.13% 8.13% 5.2%

Cashflow Statement

Concept 2021 Q1 2021 2020 Q1
OPERATING ACTIVITIES
Net Income -$19.92M -$7.267M $4.869M
YoY Change -509.16% -125.33% -82.17%
Depreciation, Depletion And Amortization $26.90M $85.38M $23.60M
YoY Change 13.98% 5.61% 3.96%
Cash From Operating Activities $96.00M $253.8M $101.4M
YoY Change -5.33% 6.7% 21.29%
INVESTING ACTIVITIES
Capital Expenditures -$11.00M $14.04M -$11.50M
YoY Change -4.35% -34.23% 1.77%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities $74.40M $0.00 -$45.10M
YoY Change -264.97% -100.0% 0.22%
Cash From Investing Activities $63.50M -$37.24M -$56.50M
YoY Change -212.39% -70.4% 0.36%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $36.84M
YoY Change -67.6%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -7.200M $71.93M -77.00M
YoY Change -90.65% -164.62% 1352.83%
NET CHANGE
Cash From Operating Activities 96.00M $253.8M 101.4M
Cash From Investing Activities 63.50M -$37.24M -56.50M
Cash From Financing Activities -7.200M $71.93M -77.00M
Net Change In Cash 152.3M $288.5M -32.10M
YoY Change -574.45% -27784.84% -245.91%
FREE CASH FLOW
Cash From Operating Activities $96.00M $253.8M $101.4M
Capital Expenditures -$11.00M $14.04M -$11.50M
Free Cash Flow $107.0M $239.8M $112.9M
YoY Change -5.23% 10.73% 18.97%

Facts In Submission

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CY2020 us-gaap Profit Loss
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CY2019 us-gaap Profit Loss
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CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
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CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
28684000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
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EarningsPerShareDiluted
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CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2020 us-gaap Profit Loss
ProfitLoss
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CY2021 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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CY2019 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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28399000 USD
CY2021 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2020 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
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CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2020 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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ComprehensiveIncomeNetOfTax
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CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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CY2020 us-gaap Profit Loss
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CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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65080000 USD
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
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9544000 USD
CY2020 us-gaap Treasury Stock Value Acquired Cost Method
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5488000 USD
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CY2021 us-gaap Profit Loss
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15299000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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63005000 USD
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CY2021 us-gaap Treasury Stock Value Acquired Cost Method
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33990000 USD
CY2021 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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5414000 USD
CY2021 us-gaap Dividends Preferred Stock
DividendsPreferredStock
6789000 USD
CY2021 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
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CY2021 us-gaap Reclassifications Of Temporary To Permanent Equity
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CY2021 us-gaap Profit Loss
ProfitLoss
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CY2020 us-gaap Profit Loss
ProfitLoss
35683000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
70220000 USD
CY2021 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
100408000 USD
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DepreciationDepletionAndAmortization
91532000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
88915000 USD
CY2021 vrnt Provision For Doubtful Accounts Including Related To Contract Assets
ProvisionForDoubtfulAccountsIncludingRelatedToContractAssets
3777000 USD
CY2020 vrnt Provision For Doubtful Accounts Including Related To Contract Assets
ProvisionForDoubtfulAccountsIncludingRelatedToContractAssets
2572000 USD
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CY2021 us-gaap Share Based Compensation
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ShareBasedCompensation
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CY2021 vrnt Change In Fair Value Of Future Tranche Right
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56146000 USD
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0 USD
CY2019 vrnt Change In Fair Value Of Future Tranche Right
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0 USD
CY2021 us-gaap Accretion Expense
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CY2020 us-gaap Accretion Expense
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CY2021 us-gaap Deferred Income Tax Expense Benefit
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DeferredIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
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-8379000 USD
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IncreaseDecreaseInContractAssets
1470000 USD
CY2019 vrnt Increase Decrease In Contract Assets
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1508000 USD
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IncreaseDecreaseInInventories
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CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
8208000 USD
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
16736000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4753000 USD
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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CY2021 vrnt Increase Decrease In Contract Liabilities
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32919000 USD
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CY2019 us-gaap Increase Decrease In Other Operating Liabilities
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CY2020 us-gaap Increase Decrease In Other Operating Capital Net
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CY2019 us-gaap Increase Decrease In Other Operating Capital Net
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CY2020 us-gaap Net Cash Provided By Used In Operating Activities
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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74096000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
90022000 USD
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
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27880000 USD
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CY2020 us-gaap Payments To Acquire Investments
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CY2019 us-gaap Payments To Acquire Investments
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CY2020 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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CY2019 us-gaap Proceeds From Sale Maturity And Collections Of Investments
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CY2021 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
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CY2020 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
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CY2019 us-gaap Payments For Proceeds From Derivative Instrument Investing Activities
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CY2021 us-gaap Payments For Software
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12444000 USD
CY2020 us-gaap Payments For Software
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17222000 USD
CY2019 us-gaap Payments For Software
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7320000 USD
CY2021 vrnt Increase Decrease In Restricted Bank Time Deposits Investing Activities
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31238000 USD
CY2020 vrnt Increase Decrease In Restricted Bank Time Deposits Investing Activities
IncreaseDecreaseInRestrictedBankTimeDepositsInvestingActivities
-14215000 USD
CY2019 vrnt Increase Decrease In Restricted Bank Time Deposits Investing Activities
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CY2020 us-gaap Payments For Proceeds From Other Investing Activities
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250000 USD
CY2019 us-gaap Payments For Proceeds From Other Investing Activities
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CY2020 us-gaap Net Cash Provided By Used In Investing Activities
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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CY2021 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
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CY2019 us-gaap Proceeds From Issuance Of Convertible Preferred Stock
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CY2021 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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CY2020 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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45000000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
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CY2021 us-gaap Repayments Of Long Term Debt And Capital Securities
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CY2020 us-gaap Repayments Of Long Term Debt And Capital Securities
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6478000 USD
CY2019 us-gaap Repayments Of Long Term Debt And Capital Securities
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5983000 USD
CY2021 vrnt Payments For Repurchase Of Convertible Debt
PaymentsForRepurchaseOfConvertibleDebt
13032000 USD
CY2020 vrnt Payments For Repurchase Of Convertible Debt
PaymentsForRepurchaseOfConvertibleDebt
0 USD
CY2019 vrnt Payments For Repurchase Of Convertible Debt
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0 USD
CY2021 us-gaap Payments Of Debt Issuance Costs
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2287000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
212000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
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206000 USD
CY2021 us-gaap Payments Of Dividends Minority Interest
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5414000 USD
CY2020 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
5488000 USD
CY2019 us-gaap Payments Of Dividends Minority Interest
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4409000 USD
CY2021 us-gaap Payments For Repurchase Of Common Stock
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36836000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
113690000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
173000 USD
CY2021 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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1589000 USD
CY2020 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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0 USD
CY2019 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2021 vrnt Payments Of Contingent Consideration For Business Combinations Financing Portion And Other Financing Activities
PaymentsOfContingentConsiderationForBusinessCombinationsFinancingPortionAndOtherFinancingActivities
13998000 USD
CY2020 vrnt Payments Of Contingent Consideration For Business Combinations Financing Portion And Other Financing Activities
PaymentsOfContingentConsiderationForBusinessCombinationsFinancingPortionAndOtherFinancingActivities
30454000 USD
CY2019 vrnt Payments Of Contingent Consideration For Business Combinations Financing Portion And Other Financing Activities
PaymentsOfContingentConsiderationForBusinessCombinationsFinancingPortionAndOtherFinancingActivities
11110000 USD
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
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71933000 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-111322000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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-21881000 USD
CY2021 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-60000 USD
CY2020 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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-1823000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
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CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
288476000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1042000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
14489000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
411657000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
412699000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
398210000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
700133000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
411657000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
412699000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
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663843000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
379146000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
369975000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
25910000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
24513000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
40152000 USD
CY2021Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
10380000 USD
CY2020Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
7998000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
2572000 USD
CY2021Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
700133000 USD
CY2020Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
411657000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
412699000 USD
CY2021 vrnt Percentage Of Fortune100 Companies As Customers
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0.85
CY2021 vrnt Number Of Organizations As Customer
NumberOfOrganizationsAsCustomer
10000 organization
CY2021 vrnt Number Of Countries Customers Located
NumberOfCountriesCustomersLocated
175 country
CY2021 vrnt Number Of Offices
NumberOfOffices
40 office
CY2021 vrnt Number Of Professionals In Rd Team
NumberOfProfessionalsInRDTeam
4300 professional
CY2021 us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%"> </span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of financial statements in conformity with U.S. generally accepted accounting principles (“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.</span></div><div><span><br/></span></div><div><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">In light of the currently unknown extent and duration of the COVID-19 pandemic, we face a greater degree of uncertainty than normal in making the judgments and estimates needed to apply to certain of our significant accounting policies. We assessed certain accounting matters that generally require consideration of forecasted financial information in context with the information reasonably available to us and the unknown future impacts of COVID-19 as of January 31, 2021 and through the date of this report. These estimates may change, as new events occur and additional information is obtained. Actual results could differ materially from these estimates under different assumptions or conditions.</span></div>
CY2021 vrnt Minimum Maturity Period Of Short Term Investments In Time Deposits
MinimumMaturityPeriodOfShortTermInvestmentsInTimeDeposits
P90D
CY2021 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
Concentrations of Credit RiskFinancial instruments that potentially subject us to concentrations of credit risk consist principally of cash and cash equivalents, bank time deposits, short-term investments, trade accounts receivable, and contract assets. We invest our cash in bank accounts, certificates of deposit, and money market accounts with major financial institutions, in U.S. government and agency obligations, and in debt securities of corporations. By policy, we seek to limit credit exposure on investments through diversification and by restricting our investments to highly rated securities.We grant credit terms to our customers in the ordinary course of business. Concentrations of credit risk with respect to trade accounts receivable and contract assets are generally limited due to the large number of customers comprising our customer base and their dispersion across different industries and geographic areas. There were two customers in our Cyber Intelligence segment that combined accounted for $72.6 million and $51.7 million of our aggregated accounts receivable and contract assets, at January 31, 2021 and 2020, respectively. These amounts result from both direct and indirect contracts with governmental agencies outside of the United States., which we believe present insignificant credit risk.
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5324000 USD
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3777000 USD
CY2018Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
2217000 USD
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3707000 USD
CY2020 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2572000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2746000 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
3853000 USD
CY2020 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1176000 USD
CY2019 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
1172000 USD
CY2021 vrnt Accounts Receivable Allowance For Credit Loss Other
AccountsReceivableAllowanceForCreditLossOther
-22000 USD
CY2020 vrnt Accounts Receivable Allowance For Credit Loss Other
AccountsReceivableAllowanceForCreditLossOther
151000 USD
CY2019 vrnt Accounts Receivable Allowance For Credit Loss Other
AccountsReceivableAllowanceForCreditLossOther
-14000 USD
CY2021Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
6168000 USD
CY2020Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
5324000 USD
CY2019Q1 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
3777000 USD
CY2021 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P10Y
CY2021 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
100000 USD
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-100000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-5500000 USD
CY2021 vrnt Software Maintenance Period
SoftwareMaintenancePeriod
P1Y
CY2021 us-gaap Revenues
Revenues
1273705000 USD
CY2020 us-gaap Revenues
Revenues
1303634000 USD
CY2019 us-gaap Revenues
Revenues
1229747000 USD
CY2021 us-gaap Revenues
Revenues
1273705000 USD
CY2020 us-gaap Revenues
Revenues
1303634000 USD
CY2019 us-gaap Revenues
Revenues
1229747000 USD
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
381158000 USD
CY2020Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
382435000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
57033000 USD
CY2020Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
64961000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
18429000 USD
CY2020Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
1358000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
388045000 USD
CY2020Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
397350000 USD
CY2021Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
38539000 USD
CY2020Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
40565000 USD
CY2021 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
45600000 USD
CY2020 us-gaap Contract With Customer Asset Reclassified To Receivable
ContractWithCustomerAssetReclassifiedToReceivable
49100000 USD
CY2021 vrnt Contract Assets Recognized In Current Period
ContractAssetsRecognizedInCurrentPeriod
55100000 USD
CY2020 vrnt Contract Assets Recognized In Current Period
ContractAssetsRecognizedInCurrentPeriod
48800000 USD
CY2021 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
368800000 USD
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
331600000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
758880000 USD
CY2020Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
731659000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
428523000 USD
CY2020Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
342553000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1187403000 USD
CY2020Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
1074212000 USD
CY2021 us-gaap Profit Loss
ProfitLoss
-107000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
35683000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
70220000 USD
CY2021 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7160000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6999000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4229000 USD
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-7267000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
28684000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
65991000 USD
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7656000 USD
CY2020 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2019 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14923000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
28684000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
65991000 USD
CY2021 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
0 USD
CY2020 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
0 USD
CY2019 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
0 USD
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-14923000 USD
CY2020 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
28684000 USD
CY2019 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
65991000 USD
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65173000 shares
CY2020 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66129000 shares
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64913000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1226000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1332000 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2020 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2019 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65173000 shares
CY2020 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
67355000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66245000 shares
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.23
CY2020 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2019 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.02
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.23
CY2020 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
CY2019 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
CY2019Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
75.00
CY2020Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
75.00
CY2021Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
75.00
CY2021Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
6205000 shares
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
663843000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
663843000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
379146000 USD
CY2020Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
379146000 USD
CY2021 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
120900000 USD
CY2020 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
59300000 USD
CY2019 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
33100000 USD
CY2021 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 business_combination
CY2019Q4 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
2 business_combination
CY2021 vrnt Number Of Business Combinations With Potential Additional Cash Payments To Former Shareholders
NumberOfBusinessCombinationsWithPotentialAdditionalCashPaymentsToFormerShareholders
3 business_combination
CY2018Q4 us-gaap Goodwill
Goodwill
34260000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
4500000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
500000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
3600000 USD
CY2021 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
20100000 USD
CY2020 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
33100000 USD
CY2019 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilitySettlements
13600000 USD
CY2020Q1 vrnt Sale Of Business Agreement Terms Period Following Transaction Closing Date
SaleOfBusinessAgreementTermsPeriodFollowingTransactionClosingDate
P36M
CY2021 us-gaap Goodwill Written Off Related To Sale Of Business Unit
GoodwillWrittenOffRelatedToSaleOfBusinessUnit
1100000 USD
CY2021Q1 vrnt Definitelived Intangible Assets Writtenoff Relatedto Saleof Business Unit
DefinitelivedIntangibleAssetsWrittenoffRelatedtoSaleofBusinessUnit
1900000 USD
CY2021 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
2200000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
782056000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
633013000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
149043000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
778675000 USD
CY2020Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
580911000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
197764000 USD
CY2021Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
149043000 USD
CY2020Q1 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
197764000 USD
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
49900000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
55400000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
56400000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
46846000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
38806000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
28728000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11987000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
10111000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
12565000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
149043000 USD
CY2019 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 USD
CY2019Q1 us-gaap Goodwill Gross
GoodwillGross
1484346000 USD
CY2019Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
66865000 USD
CY2019Q1 us-gaap Goodwill
Goodwill
1417481000 USD
CY2020 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
51301000 USD
CY2020 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
429000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
1469211000 USD
CY2020Q1 us-gaap Goodwill Gross
GoodwillGross
1536076000 USD
CY2020Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
66865000 USD
CY2020Q1 us-gaap Goodwill
Goodwill
1469211000 USD
CY2021 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
300000 USD
CY2021 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
16079000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
1485590000 USD
CY2021Q1 us-gaap Goodwill Gross
GoodwillGross
1552455000 USD
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
66865000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
1485590000 USD
CY2021 us-gaap Number Of Reporting Units
NumberOfReportingUnits
3 reportingUnit
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2020 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2019 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
7518000 USD
CY2020Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
22327000 USD
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
789494000 USD
CY2020Q1 us-gaap Long Term Debt
LongTermDebt
837048000 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
386713000 USD
CY2020Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
4250000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
402781000 USD
CY2020Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
832798000 USD
CY2021 us-gaap Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
-4800000 USD
CY2019Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
75.00
CY2021Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
1449000 USD
CY2020Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
75.00
CY2021Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
75.00
CY2021 us-gaap Option Indexed To Issuers Equity Shares
OptionIndexedToIssuersEquityShares
6205000 shares
CY2021 us-gaap Option Indexed To Issuers Equity Strike Price1
OptionIndexedToIssuersEquityStrikePrice1
64.46
CY2014Q2 us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
60800000 USD
CY2021Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
6205000 shares
CY2021Q1 us-gaap Class Of Warrant Or Right Exercise Price Of Warrants Or Rights1
ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1
75.00
CY2021Q1 us-gaap Class Of Warrant Or Right Number Of Securities Called By Warrants Or Rights
ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights
9541000 shares
CY2021 us-gaap Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
45200000 USD
CY2021Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
10289000 USD
CY2020Q1 us-gaap Deferred Finance Costs Noncurrent Net
DeferredFinanceCostsNoncurrentNet
2005000 USD
CY2021Q1 us-gaap Security Deposit
SecurityDeposit
1960000 USD
CY2020Q1 us-gaap Inventory Raw Materials Net Of Reserves
InventoryRawMaterialsNetOfReserves
9628000 USD
CY2021Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
5186000 USD
CY2020Q1 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
4749000 USD
CY2021Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
4608000 USD
CY2020Q1 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
6118000 USD
CY2021Q1 us-gaap Inventory Net
InventoryNet
20083000 USD
CY2020Q1 us-gaap Inventory Net
InventoryNet
20495000 USD
CY2021Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
277610000 USD
CY2020Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
299091000 USD
CY2021Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
171368000 USD
CY2020Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
182980000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
106242000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
116111000 USD
CY2021 us-gaap Depreciation
Depreciation
39900000 USD
CY2020 us-gaap Depreciation
Depreciation
28500000 USD
CY2019 us-gaap Depreciation
Depreciation
25500000 USD
CY2021Q1 vrnt Deferred Commissions
DeferredCommissions
50838000 USD
CY2020Q1 vrnt Deferred Commissions
DeferredCommissions
37263000 USD
CY2021Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
30564000 USD
CY2020Q1 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
27030000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
18429000 USD
CY2020Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
1358000 USD
CY2021Q1 us-gaap Restricted Cash And Investments Noncurrent
RestrictedCashAndInvestmentsNoncurrent
15712000 USD
CY2020Q1 us-gaap Restricted Cash And Investments Noncurrent
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894000 USD
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1699000 USD
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CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
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265000 USD
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11791000 USD
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0 USD
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0 USD
CY2021 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
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796000 USD
CY2020 us-gaap Income Tax Reconciliation Other Reconciling Items
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3000 USD
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
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679000 USD
CY2021 us-gaap Income Tax Expense Benefit
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17620000 USD
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7542000 USD
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3400000 USD
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5772000 USD
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3979000 USD
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15716000 USD
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24575000 USD
CY2020Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
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CY2021Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
DeferredTaxAssetsTaxCreditCarryforwards
5946000 USD
CY2020Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards
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7021000 USD
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14171000 USD
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14087000 USD
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0 USD
CY2020Q1 us-gaap Deferred Tax Assets Other
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18000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
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2900000 USD
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66015000 USD
CY2020Q1 us-gaap Deferred Tax Assets Gross
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74216000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Deferred Expense
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8931000 USD
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7588000 USD
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30751000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets
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36989000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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14882000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
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12257000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Leasing Arrangements
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8864000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Leasing Arrangements
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12401000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities Other
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2093000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
4674000 USD
CY2021Q1 us-gaap Deferred Income Tax Liabilities
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65521000 USD
CY2020Q1 us-gaap Deferred Income Tax Liabilities
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73909000 USD
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22981000 USD
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26334000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities
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22487000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities
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26027000 USD
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14489000 USD
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13802000 USD
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36976000 USD
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39829000 USD
CY2021Q1 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
22487000 USD
CY2020Q1 us-gaap Deferred Tax Liabilities
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26027000 USD
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10000000.0 USD
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3600000 USD
CY2021Q1 vrnt Tax Credit Carryforward Amount Subject To Expiration
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6400000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
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91279000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
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109066000 USD
CY2018Q1 us-gaap Unrecognized Tax Benefits
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115709000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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3445000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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2464000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
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8843000 USD
CY2021 vrnt Unrecognized Tax Benefits Increases Resulting From Business Acquisitions
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0 USD
CY2020 vrnt Unrecognized Tax Benefits Increases Resulting From Business Acquisitions
UnrecognizedTaxBenefitsIncreasesResultingFromBusinessAcquisitions
286000 USD
CY2019 vrnt Unrecognized Tax Benefits Increases Resulting From Business Acquisitions
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1032000 USD
CY2021 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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19000 USD
CY2020 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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147000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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10305000 USD
CY2020 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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1900000 USD
CY2021 vrnt Unrecognized Tax Benefits Increases Decreases Resulting From Foreign Currency Fluctuations
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395000 USD
CY2020 vrnt Unrecognized Tax Benefits Increases Decreases Resulting From Foreign Currency Fluctuations
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1373000 USD
CY2019 vrnt Unrecognized Tax Benefits Increases Decreases Resulting From Foreign Currency Fluctuations
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CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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445000 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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17388000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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23415000 USD
CY2021 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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0 USD
CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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4370000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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1054000 USD
CY2021 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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1414000 USD
CY2020 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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299000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
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101000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
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93279000 USD
CY2020Q1 us-gaap Unrecognized Tax Benefits
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91279000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits
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109066000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
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93300000 USD
CY2021 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
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600000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
700000 USD
CY2021Q1 us-gaap Decrease In Unrecognized Tax Benefits Is Reasonably Possible
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1700000 USD
CY2020Q1 vrnt Disposal Group Contingent Consideration Measurement Period
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P36M
CY2017 vrnt Number Of Majority Owned Subsidiaries Acquired
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2 subsidiary
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6700000 USD
CY2021 vrnt Equity Securities Without Readily Determinable Fair Value Amount Measured Based On Observable Transaction
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4000000.0 USD
CY2021 vrnt Unrealized Gain Loss On Noncontrolling Equity Investment
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3200000 USD
CY2021 us-gaap Equity Method Investment Realized Gain Loss On Disposal
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600000 USD
CY2020Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
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3800000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
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20400000 USD
CY2020Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
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16000000.0 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Asset
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1134000 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Asset
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812000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Liability
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18607000 USD
CY2020Q1 us-gaap Derivative Fair Value Of Derivative Liability
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13633000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense
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62433000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
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82698000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
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66657000 USD
CY2021 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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8783000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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12651000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
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10377000 USD
CY2021 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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53650000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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70047000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense Net Of Tax
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56280000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
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2870000 shares
CY2021 us-gaap Allocated Share Based Compensation Expense
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62433000 USD
CY2020 us-gaap Allocated Share Based Compensation Expense
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82698000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
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66657000 USD
CY2021 vrnt Income Tax Expense Net Excess Tax Deficiency Benefit Resulting From Stock Plans
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1500000 USD
CY2020 vrnt Income Tax Expense Net Excess Tax Deficiency Benefit Resulting From Stock Plans
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-2400000 USD
CY2019 vrnt Income Tax Expense Net Excess Tax Deficiency Benefit Resulting From Stock Plans
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-200000 USD
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2736000 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
52.53
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2777000 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
41.05
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2808000 shares
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
41.18
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
2031000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
47.36
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1620000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
60.42
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1708000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
43.03
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1615000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
47.64
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1435000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
40.59
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1481000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
43.67
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
282000 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
52.65
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
226000 shares
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
45.57
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
258000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
41.07
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
51.61
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ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2736000 shares
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
52.53
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2777000 shares
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
41.05
CY2021 us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
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0.60
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0.50
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2000 USD
CY2021 us-gaap Defined Contribution Plan Cost Recognized
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2700000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
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3000000.0 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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2700000 USD
CY2021 us-gaap Severance Costs1
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8800000 USD
CY2020 us-gaap Severance Costs1
SeveranceCosts1
8700000 USD
CY2019 us-gaap Severance Costs1
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13300000 USD
CY2021 vrnt Lessee Operatingand Finance Leases Optionsto Extend Lease Terms
LesseeOperatingandFinanceLeasesOptionstoExtendLeaseTerms
P10Y
CY2021 vrnt Lessee Operatingand Finance Leases Optionsto Terminate Leases Term
LesseeOperatingandFinanceLeasesOptionstoTerminateLeasesTerm
P1Y
CY2021Q1 us-gaap Finance Lease Right Of Use Asset
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11000000.0 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset
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13300000 USD
CY2021Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
2700000 USD
CY2020Q1 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
700000 USD
CY2021 us-gaap Operating Lease Expense
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32811000 USD
CY2020 us-gaap Operating Lease Expense
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29898000 USD
CY2021 us-gaap Finance Lease Right Of Use Asset Amortization
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2378000 USD
CY2020 us-gaap Finance Lease Right Of Use Asset Amortization
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581000 USD
CY2021 us-gaap Finance Lease Interest Expense
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414000 USD
CY2020 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
226000 USD
CY2021 vrnt Finance Lease Cost
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2792000 USD
CY2020 vrnt Finance Lease Cost
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807000 USD
CY2021 us-gaap Variable Lease Cost
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8800000 USD
CY2020 us-gaap Variable Lease Cost
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8233000 USD
CY2021 us-gaap Short Term Lease Cost
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616000 USD
CY2020 us-gaap Short Term Lease Cost
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860000 USD
CY2021 us-gaap Sublease Income
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966000 USD
CY2020 us-gaap Sublease Income
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908000 USD
CY2021 us-gaap Lease Cost
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44053000 USD
CY2020 us-gaap Lease Cost
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38890000 USD
CY2021 vrnt Accelerated Operating Lease Expenses
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2800000 USD
CY2019 us-gaap Lease And Rental Expense
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22600000 USD
CY2021 us-gaap Operating Lease Payments
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29631000 USD
CY2020 us-gaap Operating Lease Payments
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27599000 USD
CY2021 us-gaap Finance Lease Interest Payment On Liability
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414000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
226000 USD
CY2021 us-gaap Finance Lease Principal Payments
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2880000 USD
CY2020 us-gaap Finance Lease Principal Payments
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2522000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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13488000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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22472000 USD
CY2021 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
903000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
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6405000 USD
CY2021Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
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P6Y
CY2020Q1 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y
CY2021Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y
CY2020Q1 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P4Y
CY2021Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.054
CY2020Q1 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.060
CY2021Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.040
CY2020Q1 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.052
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
25859000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2480000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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22856000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2091000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
20517000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
700000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
18349000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
277000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
13792000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
16927000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
118300000 USD
CY2021Q1 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
5548000 USD
CY2021Q1 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
17478000 USD
CY2021Q1 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
294000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
100822000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
5254000 USD
CY2021Q1 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
20936000 USD
CY2021Q1 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
2285000 USD
CY2021Q1 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
79886000 USD
CY2021Q1 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
2969000 USD
CY2021Q1 us-gaap Operating Lease Liability
OperatingLeaseLiability
100822000 USD
CY2021Q1 us-gaap Finance Lease Liability
FinanceLeaseLiability
5254000 USD
CY2021Q1 vrnt Lessee Operating Lease Not Yet Commenced With Future Lease Obligations Amount
LesseeOperatingLeaseNotYetCommencedWithFutureLeaseObligationsAmount
4900000 USD
CY2021Q1 us-gaap Unrecorded Unconditional Purchase Obligation Balance Sheet Amount
UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
203800000 USD
CY2021Q1 vrnt Letters Of Credit And Surety Bonds Outstanding Amount
LettersOfCreditAndSuretyBondsOutstandingAmount
72100000 USD
CY2012Q2 us-gaap Loss Contingency Number Of Defendants
LossContingencyNumberOfDefendants
3 defendant
CY2021 us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
150000000.0 USD
CY2021 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1273705000 USD
CY2020 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1303634000 USD
CY2019 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1229747000 USD
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
108705000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
87856000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
114235000 USD
CY2021 us-gaap Revenues
Revenues
1273705000 USD
CY2020 us-gaap Revenues
Revenues
1303634000 USD
CY2019 us-gaap Revenues
Revenues
1229747000 USD
CY2021Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
106242000 USD
CY2020Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
116111000 USD

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