2021 Q3 Form 10-Q Financial Statement

#000116638821000115 Filed on September 09, 2021

View on sec.gov

Income Statement

Concept 2021 Q3 2020 Q3
Revenue $214.6M $204.1M
YoY Change 5.16% -37.07%
Cost Of Revenue $72.57M $66.90M
YoY Change 8.47% -42.55%
Gross Profit $142.1M $137.2M
YoY Change 3.55% -34.01%
Gross Profit Margin 66.19% 67.22%
Selling, General & Admin $91.38M $77.74M
YoY Change 17.54% -38.43%
% of Gross Profit 64.33% 56.67%
Research & Development $31.79M $30.15M
YoY Change 5.45% -48.63%
% of Gross Profit 22.38% 21.98%
Depreciation & Amortization $18.62M $23.80M
YoY Change -21.76% 9.17%
% of Gross Profit 13.11% 17.35%
Operating Expenses $130.5M $115.6M
YoY Change 12.89% -39.97%
Operating Profit $11.54M $21.57M
YoY Change -46.52% 41.23%
Interest Expense $2.199M $10.12M
YoY Change -78.28% 0.16%
% of Operating Profit 19.06% 46.92%
Other Income/Expense, Net -$2.020M -$22.60M
YoY Change -91.06% 200.87%
Pretax Income $9.517M -$1.025M
YoY Change -1028.49% -113.14%
Income Tax $4.200M $8.300M
% Of Pretax Income 44.13%
Net Earnings $5.000M $8.494M
YoY Change -41.13% -19.55%
Net Earnings / Revenue 2.33% 4.16%
Basic Earnings Per Share $0.00 $0.09
Diluted Earnings Per Share $0.00 $0.09
COMMON SHARES
Basic Shares Outstanding 65.19M shares 64.95M shares
Diluted Shares Outstanding 65.19M shares 65.85M shares

Balance Sheet

Concept 2021 Q3 2020 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $321.1M $813.5M
YoY Change -60.53% 96.45%
Cash & Equivalents $320.4M $731.1M
Short-Term Investments $666.0K $82.40M
Other Short-Term Assets $57.64M $108.5M
YoY Change -46.87% -4.66%
Inventory $5.425M $20.90M
Prepaid Expenses
Receivables $150.2M $309.4M
Other Receivables $0.00 $0.00
Total Short-Term Assets $572.5M $1.313B
YoY Change -56.39% 36.62%
LONG-TERM ASSETS
Property, Plant & Equipment $67.72M $113.4M
YoY Change -40.28% 6.58%
Goodwill $1.336B $1.468B
YoY Change -9.02% 2.67%
Intangibles $123.5M $172.2M
YoY Change -28.28% -20.01%
Long-Term Investments
YoY Change
Other Assets $130.1M $142.1M
YoY Change -8.43% 20.26%
Total Long-Term Assets $1.706B $1.990B
YoY Change -14.3% 0.97%
TOTAL ASSETS
Total Short-Term Assets $572.5M $1.313B
Total Long-Term Assets $1.706B $1.990B
Total Assets $2.278B $3.303B
YoY Change -31.03% 12.65%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.52M $69.64M
YoY Change -54.74% -4.63%
Accrued Expenses $132.1M $249.2M
YoY Change -47.01% 14.03%
Deferred Revenue $228.0M $340.9M
YoY Change -33.1% -1.83%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $380.2M
YoY Change -100.0% 8819.28%
Total Short-Term Liabilities $391.6M $1.040B
YoY Change -62.34% 62.8%
LONG-TERM LIABILITIES
Long-Term Debt $405.9M $603.9M
YoY Change -32.79% -22.84%
Other Long-Term Liabilities $36.23M $101.5M
YoY Change -64.29% 7.64%
Total Long-Term Liabilities $442.1M $705.3M
YoY Change -37.32% -19.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $391.6M $1.040B
Total Long-Term Liabilities $442.1M $705.3M
Total Liabilities $897.0M $1.867B
YoY Change -51.94% 13.56%
SHAREHOLDERS EQUITY
Retained Earnings -$63.12M -$104.1M
YoY Change -39.33% -14.81%
Common Stock $70.00K $70.00K
YoY Change 0.0% 2.94%
Preferred Stock
YoY Change
Treasury Stock (at cost) $234.5M $208.1M
YoY Change 12.69% 258.18%
Treasury Stock Shares 4.990M shares 4.404M shares
Shareholders Equity $942.0M $1.219B
YoY Change
Total Liabilities & Shareholders Equity $2.278B $3.303B
YoY Change -31.03% 12.65%

Cashflow Statement

Concept 2021 Q3 2020 Q3
OPERATING ACTIVITIES
Net Income $5.000M $8.494M
YoY Change -41.13% -19.55%
Depreciation, Depletion And Amortization $18.62M $23.80M
YoY Change -21.76% 9.17%
Cash From Operating Activities -$15.14M $60.70M
YoY Change -124.95% 1067.31%
INVESTING ACTIVITIES
Capital Expenditures -$4.937M -$10.30M
YoY Change -52.07% -21.37%
Acquisitions $50.20M
YoY Change
Other Investing Activities -$6.946M -$67.50M
YoY Change -89.71% 287.93%
Cash From Investing Activities -$11.88M -$77.80M
YoY Change -84.73% 154.25%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -401.9M 169.2M
YoY Change -337.5% -1362.69%
NET CHANGE
Cash From Operating Activities -15.14M 60.70M
Cash From Investing Activities -11.88M -77.80M
Cash From Financing Activities -401.9M 169.2M
Net Change In Cash -428.9M 152.1M
YoY Change -381.97% -492.01%
FREE CASH FLOW
Cash From Operating Activities -$15.14M $60.70M
Capital Expenditures -$4.937M -$10.30M
Free Cash Flow -$10.21M $71.00M
YoY Change -114.37% 287.98%

Facts In Submission

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CY2021Q3 us-gaap Income Tax Expense Benefit
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CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8345000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4129000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8692000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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5316000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-9370000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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6410000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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19957000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
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CY2021Q3 us-gaap Profit Loss
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5316000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
10587000 USD
us-gaap Profit Loss
ProfitLoss
6410000 USD
us-gaap Profit Loss
ProfitLoss
6612000 USD
CY2021Q3 us-gaap Net Income Loss
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CY2020Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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5799000 USD
us-gaap Net Income Loss
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2480000 USD
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
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5200000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
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2484000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
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8522000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
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2484000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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6010000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
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us-gaap Net Income Loss Available To Common Stockholders Basic
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-4000 USD
CY2021Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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CY2020Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
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CY2021Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
0 USD
CY2020Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
18191000 USD
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
0 USD
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
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26835000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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0
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
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us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
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us-gaap Income Loss From Continuing Operations Per Basic Share
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CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.28
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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CY2021Q3 us-gaap Earnings Per Share Basic
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0
CY2020Q3 us-gaap Earnings Per Share Basic
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0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
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0
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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0
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
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us-gaap Income Loss From Continuing Operations Per Diluted Share
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CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.27
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.42
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0
CY2020Q3 us-gaap Earnings Per Share Diluted
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0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
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CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64954000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65417000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64670000 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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65194000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65849000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65417000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
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64670000 shares
CY2021Q3 us-gaap Profit Loss
ProfitLoss
5316000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
10587000 USD
us-gaap Profit Loss
ProfitLoss
6410000 USD
us-gaap Profit Loss
ProfitLoss
6612000 USD
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1653000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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18624000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
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4261000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-2375000 USD
CY2021Q3 vrnt Other Comprehensive Income Loss Distribution Related To Spin Off
OtherComprehensiveIncomeLossDistributionRelatedToSpinOff
0 USD
CY2020Q3 vrnt Other Comprehensive Income Loss Distribution Related To Spin Off
OtherComprehensiveIncomeLossDistributionRelatedToSpinOff
0 USD
vrnt Other Comprehensive Income Loss Distribution Related To Spin Off
OtherComprehensiveIncomeLossDistributionRelatedToSpinOff
17123000 USD
vrnt Other Comprehensive Income Loss Distribution Related To Spin Off
OtherComprehensiveIncomeLossDistributionRelatedToSpinOff
0 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
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12000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
1480000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
-54000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationBeforeTax
607000 USD
CY2021Q3 vrnt Other Comprehensive Income Loss Change From Derivative Prior To Dedesignation As Hedges
OtherComprehensiveIncomeLossChangeFromDerivativePriorToDedesignationAsHedges
0 USD
CY2020Q3 vrnt Other Comprehensive Income Loss Change From Derivative Prior To Dedesignation As Hedges
OtherComprehensiveIncomeLossChangeFromDerivativePriorToDedesignationAsHedges
1120000 USD
vrnt Other Comprehensive Income Loss Change From Derivative Prior To Dedesignation As Hedges
OtherComprehensiveIncomeLossChangeFromDerivativePriorToDedesignationAsHedges
1014000 USD
vrnt Other Comprehensive Income Loss Change From Derivative Prior To Dedesignation As Hedges
OtherComprehensiveIncomeLossChangeFromDerivativePriorToDedesignationAsHedges
-5824000 USD
CY2021Q3 vrnt Other Comprehensive Income Loss Settlement Of Derivative
OtherComprehensiveIncomeLossSettlementOfDerivative
0 USD
CY2020Q3 vrnt Other Comprehensive Income Loss Settlement Of Derivative
OtherComprehensiveIncomeLossSettlementOfDerivative
0 USD
vrnt Other Comprehensive Income Loss Settlement Of Derivative
OtherComprehensiveIncomeLossSettlementOfDerivative
12017000 USD
vrnt Other Comprehensive Income Loss Settlement Of Derivative
OtherComprehensiveIncomeLossSettlementOfDerivative
0 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
2000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
425000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
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CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1663000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
20799000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
34370000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2021Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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6979000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
31386000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
40780000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
143000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
316000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
2413000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
611000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
4093000 USD
CY2021Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6663000 USD
CY2020Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28973000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
40169000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-3950000 USD
CY2021Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1282564000 USD
CY2021Q2 us-gaap Profit Loss
ProfitLoss
1094000 USD
CY2021Q2 vrnt Other Comprehensive Income Loss Net Of Tax Excluding Distribution Related To Spin Off
OtherComprehensiveIncomeLossNetOfTaxExcludingDistributionRelatedToSpinOff
15584000 USD
CY2021Q2 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
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CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
14253000 USD
CY2021Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
0 USD
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
49581000 USD
CY2021Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
25868000 USD
CY2021Q2 vrnt Adjustments To Additional Paid In Capital Purchases Of Capped Calls Net Of Tax
AdjustmentsToAdditionalPaidInCapitalPurchasesOfCappedCallsNetOfTax
-32416000 USD
CY2021Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
929648000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
5316000 USD
CY2021Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1663000 USD
CY2021Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15984000 USD
CY2021Q3 us-gaap Stock Issued During Period Value Treasury Stock Reissued
StockIssuedDuringPeriodValueTreasuryStockReissued
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CY2021Q3 vrnt Adjustments To Paid In Capital Common Stock Received From Exercise Of Note Hedges
AdjustmentsToPaidInCapitalCommonStockReceivedFromExerciseOfNoteHedges
3000 USD
CY2021Q3 vrnt Adjustment To Additional Paid In Capital Common Stock Received From Exercise Of Note Hedges Related To Debt Repurchase
AdjustmentToAdditionalPaidInCapitalCommonStockReceivedFromExerciseOfNoteHedgesRelatedToDebtRepurchase
0 USD
CY2021Q3 vrnt Adjustments To Additional Paid In Capital Purchases Of Capped Calls Net Of Tax
AdjustmentsToAdditionalPaidInCapitalPurchasesOfCappedCallsNetOfTax
-25000 USD
CY2021Q3 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
12000 USD
CY2021Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
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CY2021Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
245000 USD
CY2021Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
944668000 USD
CY2020Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1242437000 USD
CY2020Q2 us-gaap Profit Loss
ProfitLoss
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CY2020Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
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CY2020Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
15029000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1846000 USD
CY2020Q2 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
12000 USD
CY2020Q2 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
33990000 USD
CY2020Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
245000 USD
CY2020Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1192906000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
10587000 USD
CY2020Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
20799000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13420000 USD
CY2020Q3 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1000 USD
CY2020Q3 us-gaap Dividends Preferred Stock
DividendsPreferredStock
1589000 USD
CY2020Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt Subsequent Adjustments
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebtSubsequentAdjustments
218000 USD
CY2020Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
404000 USD
CY2020Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1235502000 USD
us-gaap Profit Loss
ProfitLoss
6410000 USD
us-gaap Profit Loss
ProfitLoss
6612000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
30400000 USD
CY2020Q2 vrnt Future Tranche Right Fair Value Disclosure
FutureTrancheRightFairValueDisclosure
3400000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
37669000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
41750000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
34489000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
23998000 USD
vrnt Change In Fair Value Of Future Tranche Right
ChangeInFairValueOfFutureTrancheRight
-15810000 USD
vrnt Change In Fair Value Of Future Tranche Right
ChangeInFairValueOfFutureTrancheRight
13610000 USD
us-gaap Accretion Expense
AccretionExpense
0 USD
us-gaap Accretion Expense
AccretionExpense
6400000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
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us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
137000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
878000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
266000 USD
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
1334000 USD
us-gaap Increase Decrease In Contract With Customer Asset
IncreaseDecreaseInContractWithCustomerAsset
-5957000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
206000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1195000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
27926000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10428000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12483000 USD
us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
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us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
16521000 USD
us-gaap Increase Decrease In Deferred Income Taxes
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-628000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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815000 USD
us-gaap Increase Decrease In Other Operating Capital Net
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us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
26853000 USD
us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
98123000 USD
us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations
38608000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14559000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
136731000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
7000000 USD
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7575000 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
7388000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
59800000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
45640000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
9000000 USD
us-gaap Payments For Software
PaymentsForSoftware
3697000 USD
us-gaap Payments For Software
PaymentsForSoftware
4574000 USD
vrnt Change In Restricted Bank Time Deposits And Other Investing Activities Net
ChangeInRestrictedBankTimeDepositsAndOtherInvestingActivitiesNet
-22000 USD
vrnt Change In Restricted Bank Time Deposits And Other Investing Activities Net
ChangeInRestrictedBankTimeDepositsAndOtherInvestingActivitiesNet
27000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
27390000 USD
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
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us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Investing Activities Discontinued Operations
CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
27390000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
198731000 USD
us-gaap Proceeds From Issuance Of Convertible Preferred Stock
ProceedsFromIssuanceOfConvertiblePreferredStock
197254000 USD
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
315000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
155000000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
311335000 USD
us-gaap Repayments Of Long Term Debt And Capital Securities
RepaymentsOfLongTermDebtAndCapitalSecurities
3794000 USD
vrnt Payment For Debt Extinguishment Principal
PaymentForDebtExtinguishmentPrincipal
386887000 USD
vrnt Payment For Debt Extinguishment Principal
PaymentForDebtExtinguishmentPrincipal
0 USD
vrnt Payments To Purchase Capped Calls
PaymentsToPurchaseCappedCalls
41060000 USD
vrnt Payments To Purchase Capped Calls
PaymentsToPurchaseCappedCalls
0 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
10531000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2207000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
75460000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
36836000 USD
vrnt Payments For Repurchase Of Convertible Debt
PaymentsForRepurchaseOfConvertibleDebt
0 USD
vrnt Payments For Repurchase Of Convertible Debt
PaymentsForRepurchaseOfConvertibleDebt
13032000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12856000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
245000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
649000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
16502000 USD
us-gaap Payments For Derivative Instrument Financing Activities
PaymentsForDerivativeInstrumentFinancingActivities
0 USD
vrnt Cash Transferred Out Related To Spin Off
CashTransferredOutRelatedToSpinOff
114657000 USD
vrnt Cash Transferred Out Related To Spin Off
CashTransferredOutRelatedToSpinOff
0 USD
vrnt Proceeds From Dividend And Other Settlement Related To Spin Off
ProceedsFromDividendAndOtherSettlementRelatedToSpinOff
38280000 USD
vrnt Proceeds From Dividend And Other Settlement Related To Spin Off
ProceedsFromDividendAndOtherSettlementRelatedToSpinOff
0 USD
vrnt Business Combination Contingent Consideration Arrangements Payment Of Contingent Consideration Financing
BusinessCombinationContingentConsiderationArrangementsPaymentOfContingentConsiderationFinancing
4390000 USD
vrnt Business Combination Contingent Consideration Arrangements Payment Of Contingent Consideration Financing
BusinessCombinationContingentConsiderationArrangementsPaymentOfContingentConsiderationFinancing
8452000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-421912000 USD
us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
287284000 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
0 USD
us-gaap Cash Provided By Used In Financing Activities Discontinued Operations
CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations
-3382000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-421912000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
283902000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
340000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-796000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-379623000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
351349000 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
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
320510000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
320510000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
763006000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
763006000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
320439000 USD
CY2020Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
731101000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
14000 USD
CY2021Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4200000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
22890000 USD
CY2021Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
57000 USD
CY2020Q3 us-gaap Restricted Cash And Cash Equivalents Noncurrent
RestrictedCashAndCashEquivalentsNoncurrent
9015000 USD
CY2021Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
320510000 USD
CY2020Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
763006000 USD
vrnt Percentage Of Fortune100 Companies As Customers
PercentageOfFortune100CompaniesAsCustomers
0.85
vrnt Number Of Organizations As Customer
NumberOfOrganizationsAsCustomer
10000 organization
vrnt Number Of Countries Customers Located
NumberOfCountriesCustomersLocated
175 country
vrnt Number Of Offices
NumberOfOffices
40 office
vrnt Number Of Passionate Professionals
NumberOfPassionateProfessionals
4300 professional
CY2021Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2021Q1 vrnt Stockholders Equity Note Spinoff Transaction Number Of Shares Received
StockholdersEquityNoteSpinoffTransactionNumberOfSharesReceived
1 shares
CY2021Q3 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
228040000 USD
vrnt Number Of Majority Owned Subsidiaries Acquired
NumberOfMajorityOwnedSubsidiariesAcquired
2 subsidiary
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><br/></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 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 condensed 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 COVID-19 as of July 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>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
ReclassificationsFollowing the Spin-Off, we began to operate as a pure-play customer engagement company and determined that presenting our revenue and cost of revenue as recurring and nonrecurring would be a more meaningful representation of the nature of our offerings, provide greater transparency and clarity to users of the financial statements, and is more consistent with industry practice and internal reporting. Accordingly, prior period amounts have been reclassified to conform to the current period presentation in our condensed consolidated financial statements and the accompanying notes. For a description of the types of revenue included in each category, see Note 3, “Revenue Recognition”.
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2021Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
214617000 USD
CY2020Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
204080000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
415521000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
389945000 USD
CY2021Q3 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
150242000 USD
CY2021Q1 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
206157000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
38081000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
36716000 USD
CY2021Q3 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
27817000 USD
CY2021Q1 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
17210000 USD
CY2021Q1 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
261033000 USD
CY2021Q3 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
16571000 USD
CY2021Q1 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
16502000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
171000000 USD
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
161900000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
378422000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
405714000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
248400000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
229951000 USD
CY2021Q3 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
626822000 USD
CY2021Q1 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
635665000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5316000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-9370000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
6410000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-23788000 USD
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
19957000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
30400000 USD
CY2021Q3 us-gaap Profit Loss
ProfitLoss
5316000 USD
CY2020Q3 us-gaap Profit Loss
ProfitLoss
10587000 USD
us-gaap Profit Loss
ProfitLoss
6410000 USD
us-gaap Profit Loss
ProfitLoss
6612000 USD
CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
5000000 USD
CY2020Q3 us-gaap Net Income Loss
NetIncomeLoss
8494000 USD
us-gaap Net Income Loss
NetIncomeLoss
5799000 USD
us-gaap Net Income Loss
NetIncomeLoss
2480000 USD
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5200000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2484000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8522000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2484000 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-200000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6010000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2723000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4000 USD
CY2021Q3 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
0 USD
CY2020Q3 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
0 USD
us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
0 USD
us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
0 USD
CY2021Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-200000 USD
CY2020Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
6010000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-2723000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-4000 USD
CY2021Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-200000 USD
CY2020Q3 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-12181000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-2723000 USD
us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Basic
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersBasic
-26839000 USD
CY2021Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
0 USD
CY2020Q3 us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
18191000 USD
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
0 USD
us-gaap Net Income Loss From Discontinued Operations Available To Common Shareholders Basic
NetIncomeLossFromDiscontinuedOperationsAvailableToCommonShareholdersBasic
26835000 USD
CY2021Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65194000 shares
CY2020Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64954000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65417000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64670000 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
895000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
0 shares
CY2021Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2020Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
0 shares
CY2021Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65194000 shares
CY2020Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65849000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65417000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64670000 shares
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.19
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.04
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.42
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.28
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.42
CY2021Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2020Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0
CY2021Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0
CY2020Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.18
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.04
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-0.42
CY2021Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
CY2020Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.27
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.42
CY2021Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
CY2020Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0
CY2021Q1 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
554746000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
143744000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
320439000 USD
CY2021Q3 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
320439000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
585273000 USD
CY2021Q1 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
585273000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
45600000 USD
us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
9000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
699444000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
575910000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
123534000 USD
CY2021Q1 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
698490000 USD
CY2020Q3 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
11900000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23500000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24000000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
21918000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
37665000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
28572000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
11741000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
10409000 USD
CY2021Q3 vrnt Finite Lived Intangible Asset Expected Amortization Year Five And Thereafter
FiniteLivedIntangibleAssetExpectedAmortizationYearFiveAndThereafter
13229000 USD
CY2021Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
123534000 USD
CY2021Q1 us-gaap Goodwill Gross
GoodwillGross
1383450000 USD
CY2021Q1 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
56043000 USD
CY2021Q1 us-gaap Goodwill
Goodwill
1327407000 USD
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
4432000 USD
us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
3977000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
1335816000 USD
CY2021Q3 us-gaap Goodwill Gross
GoodwillGross
1391859000 USD
CY2021Q3 us-gaap Goodwill Impaired Accumulated Impairment Loss
GoodwillImpairedAccumulatedImpairmentLoss
56043000 USD
CY2021Q3 us-gaap Goodwill
Goodwill
1335816000 USD
CY2021Q3 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
9127000 USD
CY2021Q1 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
7518000 USD
CY2021Q3 us-gaap Long Term Debt
LongTermDebt
405873000 USD
CY2020Q2 vrnt Convertible Preferred Stock Redemption Price As Percentage Of Liquidation Preference
ConvertiblePreferredStockRedemptionPriceAsPercentageOfLiquidationPreference
1
CY2021Q1 us-gaap Long Term Debt
LongTermDebt
789494000 USD
CY2021Q3 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2021Q1 us-gaap Long Term Debt Current
LongTermDebtCurrent
386713000 USD
CY2021Q3 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
405873000 USD
CY2021Q1 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
402781000 USD
CY2021Q2 vrnt Capped Calls Initial Conversion Price
CappedCallsInitialConversionPrice
62.08
CY2021Q2 vrnt Capped Calls Initial Cap Price
CappedCallsInitialCapPrice
100.00
CY2021Q2 vrnt Payments To Purchase Capped Calls
PaymentsToPurchaseCappedCalls
41100000 USD
CY2021Q3 vrnt Deferred Tax Asset Reclassified Upon Derivative Settlement
DeferredTaxAssetReclassifiedUponDerivativeSettlement
3700000 USD
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CY2021Q1 us-gaap Inventory Raw Materials
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2768000 USD
CY2021Q3 us-gaap Inventory Work In Process
InventoryWorkInProcess
91000 USD
CY2021Q1 us-gaap Inventory Work In Process
InventoryWorkInProcess
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CY2021Q3 us-gaap Inventory Finished Goods
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3601000 USD
CY2021Q1 us-gaap Inventory Finished Goods
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CY2021Q3 us-gaap Inventory Net
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CY2021Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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CY2020Q3 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
1951000 USD
us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
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us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
153000 USD
CY2021Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
CY2020Q3 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
137000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
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us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
137000 USD
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0 USD
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ChangeInFairValueOfFutureTrancheRight
13610000 USD
vrnt Change In Fair Value Of Future Tranche Right
ChangeInFairValueOfFutureTrancheRight
-15810000 USD
vrnt Change In Fair Value Of Future Tranche Right
ChangeInFairValueOfFutureTrancheRight
13610000 USD
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OtherNonoperatingIncomeExpenseMiscellaneous
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OtherNonoperatingIncomeExpenseMiscellaneous
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OtherNonoperatingIncomeExpenseMiscellaneous
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CY2021Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
156000 USD
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OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4206000 USD
us-gaap Other Nonoperating Income Expense
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us-gaap Interest Paid Net
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8190000 USD
us-gaap Interest Paid Net
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14006000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
30157000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
13153000 USD
us-gaap Operating Lease Payments
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10236000 USD
us-gaap Operating Lease Payments
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10453000 USD
vrnt Preferred Stock Dividends Declared Not Paid
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0 USD
vrnt Preferred Stock Dividends Declared Not Paid
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1589000 USD
vrnt Finance Lease Of Property And Equipment Non Cash Activities
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2150000 USD
vrnt Finance Lease Of Property And Equipment Non Cash Activities
FinanceLeaseOfPropertyAndEquipmentNonCashActivities
841000 USD
us-gaap Liabilities Assumed1
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900000 USD
us-gaap Liabilities Assumed1
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0 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
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2297000 USD
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
247000 USD
vrnt Settlement Of Future Tranche Right Upon Issuance Of Preferred Stock
SettlementOfFutureTrancheRightUponIssuanceOfPreferredStock
36962000 USD
vrnt Settlement Of Future Tranche Right Upon Issuance Of Preferred Stock
SettlementOfFutureTrancheRightUponIssuanceOfPreferredStock
0 USD
vrnt Settlement Of Convertible Note Premium In Common Stock
SettlementOfConvertibleNotePremiumInCommonStock
59131000 USD
vrnt Settlement Of Convertible Note Premium In Common Stock
SettlementOfConvertibleNotePremiumInCommonStock
0 USD
vrnt Receipt Of Common Stock From Counterparties Under Note Hedges
ReceiptOfCommonStockFromCounterpartiesUnderNoteHedges
59651000 USD
vrnt Receipt Of Common Stock From Counterparties Under Note Hedges
ReceiptOfCommonStockFromCounterpartiesUnderNoteHedges
0 USD
CY2019Q4 vrnt Preferred Stock Holders Voting Rights As Percentage Of Voting Power Of Common Stock Holders Maximum
PreferredStockHoldersVotingRightsAsPercentageOfVotingPowerOfCommonStockHoldersMaximum
0.199
CY2019Q4 vrnt Preferred Stock Holders Voting Rights As Percentage Of Voting Power Of Common Stock Holders Maximum
PreferredStockHoldersVotingRightsAsPercentageOfVotingPowerOfCommonStockHoldersMaximum
0.199
CY2021Q3 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
7700000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
12900000 USD
CY2021 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
5200000 USD
CY2021Q3 vrnt Dividends Preferred Stock Unpaid And Undeclared
DividendsPreferredStockUnpaidAndUndeclared
1700000 USD
CY2021Q3 vrnt Accrued Dividends
AccruedDividends
0 USD
CY2021Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5200000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
8500000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2500000 USD
CY2020Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2500000 USD
CY2021Q3 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
9500000 shares
CY2020Q2 vrnt Convertible Preferred Stock Mandatory Conversion Term Period Following Close Date With Option To Require All Outstanding Shares
ConvertiblePreferredStockMandatoryConversionTermPeriodFollowingCloseDateWithOptionToRequireAllOutstandingShares
P36M
CY2020Q2 vrnt Convertible Preferred Stock Mandatory Conversion Term Threshold Of Trading Days
ConvertiblePreferredStockMandatoryConversionTermThresholdOfTradingDays
P30D
CY2020Q2 vrnt Convertible Preferred Stock Mandatory Conversion Term Threshold Of Consecutive Trading Days
ConvertiblePreferredStockMandatoryConversionTermThresholdOfConsecutiveTradingDays
P45D
CY2020Q2 vrnt Convertible Preferred Stock Threshold Percentage Of Conversion Trigger
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1.75
CY2020Q2 vrnt Convertible Preferred Stock Period Following Closing Date For Redemption
ConvertiblePreferredStockPeriodFollowingClosingDateForRedemption
P72M
vrnt Change In Fair Value Of Future Tranche Right
ChangeInFairValueOfFutureTrancheRight
13600000 USD
us-gaap Dividends Common Stock
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0 USD
us-gaap Dividends Common Stock
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0 USD
CY2020Q1 vrnt Stockholders Equity Note Spinoff Transaction Number Of Shares Received
StockholdersEquityNoteSpinoffTransactionNumberOfSharesReceived
1 shares
vrnt Treasury Stock Shares Acquired Including Common Stock Repurchased And Retired
TreasuryStockSharesAcquiredIncludingCommonStockRepurchasedAndRetired
1602000 shares
vrnt Treasury Stock Value Acquired Including Common Stock Repurchased And Retired
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75500000 USD
us-gaap Stock Repurchased And Retired During Period Shares
StockRepurchasedAndRetiredDuringPeriodShares
1058300 shares
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
49600000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
613000 shares
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
34000000 USD
CY2021Q3 us-gaap Treasury Stock Shares
TreasuryStockShares
4990000 shares
CY2021Q3 us-gaap Treasury Stock Value
TreasuryStockValue
234500000 USD
CY2021Q1 us-gaap Treasury Stock Shares
TreasuryStockShares
4404000 shares
CY2021Q1 us-gaap Treasury Stock Value
TreasuryStockValue
208100000 USD
CY2021Q3 vrnt Deferred Tax Asset Reclassified Upon Derivative Settlement
DeferredTaxAssetReclassifiedUponDerivativeSettlement
3700000 USD
CY2021Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
9500000 USD
CY2021Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.441
CY2020Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8300000 USD
CY2020Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1000000 USD
CY2020Q3 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-8.141
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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10500000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.392
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8700000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-15100000 USD
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.576
CY2021Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
85400000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
84800000 USD
CY2021Q3 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3200000 USD
CY2021Q1 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Accrued
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestAccrued
3000000 USD
CY2021Q3 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
SignificantChangeInUnrecognizedTaxBenefitsIsReasonablyPossibleAmountOfUnrecordedBenefit
1600000 USD
CY2020Q1 vrnt Disposal Group Contingent Consideration Measurement Period
DisposalGroupContingentConsiderationMeasurementPeriod
P36M
vrnt Number Of Majority Owned Subsidiaries Acquired
NumberOfMajorityOwnedSubsidiariesAcquired
2 subsidiary
CY2021Q3 vrnt Deferred Tax Asset Reclassified Upon Derivative Settlement
DeferredTaxAssetReclassifiedUponDerivativeSettlement
3700000 USD
CY2021Q3 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
5100000 USD
CY2021Q3 vrnt Equity Securities Without Readily Determinable Fair Value Amount Measured Based On Observable Transaction
EquitySecuritiesWithoutReadilyDeterminableFairValueAmountMeasuredBasedOnObservableTransaction
4400000 USD
vrnt Unrealized Gain Loss On Noncontrolling Equity Investment
UnrealizedGainLossOnNoncontrollingEquityInvestment
3100000 USD
CY2021Q1 us-gaap Equity Securities Without Readily Determinable Fair Value Amount
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
2000000 USD
CY2021Q3 vrnt Deferred Tax Asset Reclassified Upon Derivative Settlement
DeferredTaxAssetReclassifiedUponDerivativeSettlement
3700000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
37000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
136000 USD
CY2021Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
2000 USD
CY2021Q1 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
17929000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13329000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18093000 USD
CY2020Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
13329000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
34494000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24007000 USD
CY2021Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18093000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
34494000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
24007000 USD
CY2021Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2950000 shares
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
35.97
CY2020Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
1879000 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
52.96
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
1316000 shares
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
48.51
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
98000 shares
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
49.47
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
1283000 shares
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
35.52
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
889000 shares
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
47.78
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
110000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
39.00
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
90000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
52.59
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
2873000 shares
CY2021Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
41.81
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
998000 shares
CY2020Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
57.26
CY2021Q3 vrnt Share Based Compensation Arrangement By Share Based Payment Award Unvested Awards Conversion Factor
ShareBasedCompensationArrangementByShareBasedPaymentAwardUnvestedAwardsConversionFactor
1.45
CY2012Q2 us-gaap Loss Contingency Number Of Defendants
LossContingencyNumberOfDefendants
3 defendant
us-gaap Loss Contingency Damages Sought Value
LossContingencyDamagesSoughtValue
150000000.0 USD

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