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Basic and Diluted Earnings Per Share (Tables)
9 Months Ended
Jan. 31, 2019
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per Common Share Attributable to Common Stockholders

The following table summarizes basic and diluted earnings per common share attributable to common stockholders:

 

 

Three Months Ended

January 31,

 

 

Nine Months Ended

January 31,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in thousands, except per share data)

 

Net income attributable to Korn Ferry

 

$

44,964

 

 

$

27,247

 

 

$

52,387

 

 

$

92,619

 

Less: distributed and undistributed earnings to nonvested restricted stockholders

 

 

468

 

 

 

295

 

 

 

541

 

 

 

982

 

Basic net earnings attributable to common stockholders

 

 

44,496

 

 

 

26,952

 

 

 

51,846

 

 

 

91,637

 

Add: undistributed earnings to nonvested restricted stockholders

 

 

409

 

 

 

235

 

 

 

365

 

 

 

804

 

Less: reallocation of undistributed earnings to nonvested restricted stockholders

 

 

405

 

 

 

232

 

 

 

359

 

 

 

793

 

Diluted net earnings attributable to common stockholders

 

$

44,500

 

 

$

26,955

 

 

$

51,852

 

 

$

91,648

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average number of common shares outstanding

 

 

55,233

 

 

 

55,252

 

 

 

55,358

 

 

 

55,479

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock

 

 

516

 

 

 

738

 

 

 

799

 

 

 

744

 

ESPP

 

 

4

 

 

 

4

 

 

 

24

 

 

 

7

 

Stock options

 

 

 

 

 

3

 

 

 

 

 

 

6

 

Diluted weighted-average number of common shares outstanding

 

 

55,753

 

 

 

55,997

 

 

 

56,181

 

 

 

56,236

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.81

 

 

$

0.49

 

 

$

0.94

 

 

$

1.65

 

Diluted earnings per share

 

$

0.80

 

 

$

0.48

 

 

$

0.92

 

 

$

1.63