Segments (Tables)

6 Months Ended

Oct. 31, 2019

Segment Reporting [Abstract]

Financial Highlights by Business Segment

Financial highlights by business segment are as follows:

	Three Months Ended October 31, 2019
			Executive Search
	Advisory		North America		EMEA		Asia Pacific		Latin America		Subtotal		RPO & Professional Search		Corporate			Consolidated
	(in thousands)
Fee revenue	$	209,760	$	113,818	$	39,821	$	25,944	$	8,272	$	187,855	$	94,774	$	—		$	492,389
Total revenue	$	213,922	$	117,077	$	40,441	$	26,168	$	8,273	$	191,959	$	98,296	$	—		$	504,177
Net income attributable to Korn Ferry																		$	42,804
Net income attributable to noncontrolling interest																			228
Other income, net																			(1,133	)
Interest expense, net																			4,210
Income tax provision																			15,760
Operating income (loss)	$	28,391	$	28,124	$	6,511	$	5,803	$	791	$	41,229	$	15,094	$	(22,845	)		61,869
Depreciation and amortization		8,042		869		450		329		315		1,963		990		1,720			12,715
Other income (loss), net		520		637		107		72		30		846		54		(287	)		1,133
EBITDA		36,953		29,630		7,068		6,204		1,136		44,038		16,138		(21,412	)		75,717
Integration/acquisition costs		—		—		—		—		—		—		—		2,615			2,615
Adjusted EBITDA	$	36,953	$	29,630	$	7,068	$	6,204	$	1,136	$	44,038	$	16,138	$	(18,797	)	$	78,332

	Three Months Ended October 31, 2018
			Executive Search
	Advisory		North America			EMEA		Asia Pacific		Latin America		Subtotal			RPO & Professional Search			Corporate			Consolidated
	(in thousands)
Fee revenue	$	217,089	$	115,863		$	44,928	$	27,936	$	8,907	$	197,634		$	80,482		$	—		$	495,205
Total revenue	$	221,419	$	119,322		$	45,636	$	28,146	$	8,912	$	202,016		$	83,358		$	—		$	506,793
Net income attributable to Korn Ferry																					$	46,034
Net income attributable to noncontrolling interest																						1,283
Other loss, net																						4,500
Interest expense, net																						4,337
Income tax provision																						14,833
Operating income (loss)	$	29,426	$	35,328		$	7,319	$	6,767	$	2,053	$	51,467		$	12,516		$	(22,422	)		70,987
Depreciation and amortization		6,964		968			95		375		101		1,539			761			1,754			11,018
Other income (loss), net		265		(3,981	)		22		77		93		(3,789	)		(79	)		(897	)		(4,500	)
EBITDA		36,655		32,315			7,436		7,219		2,247		49,217			13,198			(21,565	)		77,505
Integration/acquisition costs		2,755		—			—		—		—		—			—			80			2,835
Adjusted EBITDA	$	39,410	$	32,315		$	7,436	$	7,219	$	2,247	$	49,217		$	13,198		$	(21,485	)	$	80,340

	Six Months Ended October 31, 2019
			Executive Search
	Advisory		North America		EMEA		Asia Pacific		Latin America		Subtotal		RPO & Professional Search		Corporate			Consolidated
	(in thousands)
Fee revenue	$	405,286	$	225,540	$	86,351	$	53,306	$	15,857	$	381,054	$	190,598	$	—		$	976,938
Total revenue	$	413,242	$	232,523	$	87,753	$	53,836	$	15,860	$	389,972	$	197,161	$	—		$	1,000,375
Net income attributable to Korn Ferry																		$	85,755
Net income attributable to noncontrolling interest																			927
Other income, net																			(2,959	)
Interest expense, net																			8,267
Income tax provision																			30,213
Operating income (loss)	$	54,182	$	58,446	$	13,822	$	12,796	$	1,801	$	86,865	$	30,135	$	(48,979	)		122,203
Depreciation and amortization		16,095		1,770		906		675		643		3,994		1,982		3,421			25,492
Other income (loss), net		1,246		1,777		119		87		87		2,070		128		(485	)		2,959
EBITDA		71,523		61,993		14,847		13,558		2,531		92,929		32,245		(46,043	)		150,654
Integration/acquisition costs		—		—		—		—		—		—		—		2,615			2,615
Adjusted EBITDA	$	71,523	$	61,993	$	14,847	$	13,558	$	2,531	$	92,929	$	32,245	$	(43,428	)	$	153,269

	Six Months Ended October 31, 2018
				Executive Search
	Advisory			North America			EMEA		Asia Pacific		Latin America		Subtotal		RPO & Professional Search		Corporate			Consolidated
	(in thousands)
Fee revenue	$	412,464		$	227,960		$	91,582	$	54,231	$	16,785	$	390,558	$	157,751	$	—		$	960,773
Total revenue	$	421,566		$	235,079		$	93,385	$	54,771	$	16,815	$	400,050	$	163,539	$	—		$	985,155
Net income attributable to Korn Ferry																				$	7,423
Net income attributable to noncontrolling interest																					1,302
Other income, net																					(20	)
Interest expense, net																					8,440
Income tax benefit																					(1,277	)
Operating income (loss)	$	(53,653	)	$	61,842		$	14,288	$	13,408	$	2,807	$	92,345	$	24,161	$	(46,985	)		15,868
Depreciation and amortization		14,395			1,947			465		745		208		3,365		1,522		3,467			22,749
Other income (loss), net		835			(480	)		362		252		130		264		26		(1,105	)		20
EBITDA		(38,423	)		63,309			15,115		14,405		3,145		95,974		25,709		(44,623	)		38,637
Integration/acquisition costs		5,782			—			—		—		—		—		—		160			5,942
Tradename write-offs		106,555			—			—		—		—		—		—		—			106,555
Adjusted EBITDA	$	73,914		$	63,309		$	15,115	$	14,405	$	3,145	$	95,974	$	25,709	$	(44,463	)	$	151,134