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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2018
Oct. 31, 2017
Oct. 31, 2018
Oct. 31, 2017
Total revenue $ 506,793 $ 455,468 $ 985,155 $ 870,385
Compensation and benefits 335,835 299,819 657,740 572,575
General and administrative expenses 57,738 58,603 226,462 116,864
Depreciation and amortization 11,018 12,447 22,749 24,656
Restructuring (recoveries) charges, net   (202)   78
Total operating expenses 435,806 403,000 969,287 775,982
Operating income 70,987 52,468 15,868 94,403
Other (loss) income, net (4,600) 3,447 (109) 6,801
Interest expense, net (4,337) (3,624) (8,440) (7,304)
Income before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries 62,050 52,291 7,319 93,900
Equity in earnings of unconsolidated subsidiaries 100 60 129 90
Income tax provision (benefit) 14,833 15,619 (1,277) 27,829
Net income 47,317 36,732 8,725 66,161
Net income attributable to noncontrolling interest (1,283) (401) (1,302) (789)
Net income attributable to Korn/Ferry International $ 46,034 $ 36,331 $ 7,423 $ 65,372
Earnings per common share attributable to Korn/Ferry International:        
Basic $ 0.82 $ 0.65 $ 0.13 $ 1.16
Diluted $ 0.81 $ 0.64 $ 0.13 $ 1.15
Weighted-average common shares outstanding:        
Basic 55,461 55,390 55,420 55,592
Diluted 56,239 55,978 56,306 56,252
Cash dividends declared per share: $ 0.10 $ 0.10 $ 0.20 $ 0.20
Fee Revenue        
Total revenue $ 495,205 $ 443,018 $ 960,773 $ 844,272
Cost of services 19,627 19,883 37,954 35,696
Reimbursed Out Of Pocket Engagement Expenses        
Total revenue 11,588 12,450 24,382 26,113
Reimbursed Expenses        
Cost of services $ 11,588 $ 12,450 $ 24,382 $ 26,113