VERINT SYSTEMS INC company info

CIK 1166388
IRS Number 113200514
State of incorporation DE
Business address 175 BROADHOLLOW ROAD
None
MELVILLE
NY
11747
Mail address 175 BROADHOLLOW ROAD
None
MELVILLE
NY
11747

Short summary

VERINT SYSTEMS INC is a New York company, with head office located at 175 Broadhollow Road Melville, New York 11747. In 2018 the company owned a total of 2.70 billion USD worth of assets, including 913.30 million USD worth of current assets. The company amassed the most assets last year, totalling up to 2.70 billion USD.

VERINT SYSTEMS INC Income Statement

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Gross Profit 463.70488.46514.29557.54600.87713.29701.36639.48688.44
Selling, General and Administrative Expense 291.95297.37293.91317.64327.39415.27412.73406.95414.96
Research and development 83.8096.53111.00115.91126.54173.75177.65171.07190.64
Amortization of Acquired Intangible Assets 30.3030.6035.3039.3036.90
Operating Expenses 398.02415.35427.81457.99478.59634.18633.51622.11639.81
Operating Income (Loss) 65.6873.1186.4899.55122.2979.1167.8517.3748.63
Interest expense 24.9629.9032.3631.0329.7836.6633.8934.9635.96
Other Nonoperating Income (Expense) -17.12-5.14-0.49-1.29-20.28-9.57-12.28-6.935.90
Income Tax Expense (Benefit) 7.119.945.538.964.54-15.000.952.7722.35
Net income 15.6225.5836.9954.0053.7630.9317.64-29.38-6.63

VERINT SYSTEMS INC Balance Sheet

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Cash and cash equivalents 115.93184.34179.36189.83256.16187.32321.03323.91340.09382.24375.08
Accounts Receivable, Net, Current 150.77137.62177.76238.75256.49241.02265.18303.11301.01
Inventories 16.9915.1711.6016.7419.9820.7518.1517.9519.73
Deferred income taxes 13.1813.0610.459.0011.180
Property, Plant and Equipment, Gross 86.0194.49108.05117.89151.82165.97194.57229.65
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 62.8366.2069.8977.7489.3397.07117.02140.56
Goodwill 724.67738.67833.57825.471,242.961,208.221,248.111,281.291,376.261,375.75
Intangible Assets, Net (Excluding Goodwill) 157.07174.66133.84383.72295.57268.65224.57207.78208.15
Other Assets, Noncurrent 20.0636.6766.1039.4738.4954.5890.7893.4999.68
Total assets 1,376.131,510.361,684.072,323.282,398.152,387.732,399.522,700.362,704.33
Current assets 401.94418.47606.79585.83767.06712.36710.46918.99913.31
Accounts payable 36.8643.3646.1271.7372.0358.1364.9576.2676.53
Standard Product Warranty Accrual 1.292.001.620.880.620.680.860.930.500.50
Total current liabilities 344.20393.04408.76493.91499.94461.28489.05602.22582.27
Long-term Debt, Excluding Current Maturities 583.23589.39642.051,020.37739.27737.88746.31770.72772.94
Long-term Debt 583.23595.63649.461,029.86739.28742.05750.89775.18777.36
Deferred Revenue, Noncurrent 40.4225.0812.8713.5524.1620.7219.9024.52
Deferred income taxes 13.2313.3510.2613.3630.6627.0425.8136.27
Total liabilities 1,012.901,058.411,157.971,627.891,369.341,321.521,376.451,537.091,514.49
Common Stock, Value, Issued 0.040.040.050.050.060.060.060.070.07
Retained Earnings (Accumulated Deficit) -394.76-347.73-312.92-222.05-219.49-218.89-251.47-202.48-180.50
Accumulated Other Comprehensive Income (Loss), Net of Tax -42.07-42.71-46.94-22.81-84.45-99.03-142.52-123.42-143.55

VERINT SYSTEMS INC Cash Flow

Name [in Millions USD]20082009201020112012201320142015201620172018Trends
Net income 15.6225.5836.9954.0053.7630.9317.64-29.38-6.63
Depreciation 12.4011.4010.8011.8013.5017.7020.3025.2026
Amortization of Intangible Assets 39.3036.9076.2078.9081.5072.40
Depreciation and amortization 49.2948.9553.0457.1055.9799.46106.30114.26105.73
Deferred Income Tax Expense (Benefit) -0.06-1.09-11.100.332.55-47.33-5.64-16.94-7.53
Accounts receivable 13.9124.572.9413.8123.3954.92-3.430.3523.51
Inventories -5.693.47-1.081.96-3.114.223.260.292.87
Deferred revenue -21.14-51.23-3.42-6.10-1.9924.06-12.368.719.69
Net Cash Provided by (Used in) Operating Activities 193.73156.90172.42176.33
Payments to Acquire Property, Plant, and Equipment 4.978.5413.0816.0515.7323.1325.2727.5435.53
Payments to Acquire Businesses, Net of Cash Acquired 0.1023.49109.780.6632.77605.2831.36141.80102.98
Net Cash Provided by (Used in) Investing Activities -676.84-75.60-156.03-144.48
Net Cash Provided by (Used in) Investing Activities, Continuing Operations -24.60-77.83-126.85-35.70-64.20-676.84-75.60
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.00004.072.844.537.756.9512.98
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.00004.072.844.537.756.9512.98
Proceeds from Issuance of Common Stock 00274.5600
Payments for Repurchase of Common Stock 4.151.660.6202.24046.900
Net Cash Provided by (Used in) Financing Activities 395.71-10.20-56.92-5.50
Cash and Cash Equivalents, Period Increase (Decrease) -93.5567.03-44.7430.58