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Basic and Diluted Earnings Per Share (Tables)
12 Months Ended
Apr. 30, 2020
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:

 

 

 

Year Ended April 30,

 

 

 

2020

 

 

2019

 

 

2018

 

 

 

(in thousands, except per share data)

 

Net income attributable to Korn Ferry

 

$

104,946

 

 

$

102,651

 

 

$

133,779

 

Less: distributed and undistributed earnings to nonvested restricted stockholders

 

 

1,140

 

 

 

1,066

 

 

 

1,426

 

Basic net earnings attributable to common stockholders

 

 

103,806

 

 

 

101,585

 

 

 

132,353

 

Add: undistributed earnings to nonvested restricted stockholders

 

 

901

 

 

 

831

 

 

 

1,187

 

Less: reallocation of undistributed earnings to nonvested restricted stockholders

 

 

894

 

 

 

820

 

 

 

1,169

 

Diluted net earnings attributable to common stockholders

 

$

103,813

 

 

$

101,596

 

 

$

132,371

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average number of common shares outstanding

 

 

54,342

 

 

 

55,311

 

 

 

55,426

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock

 

 

367

 

 

 

750

 

 

 

822

 

ESPP

 

 

58

 

 

 

34

 

 

 

5

 

Stock options

 

 

 

 

 

1

 

 

 

1

 

Diluted weighted-average number of common shares outstanding

 

 

54,767

 

 

 

56,096

 

 

 

56,254

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

1.91

 

 

$

1.84

 

 

$

2.39

 

Diluted earnings per share

 

$

1.90

 

 

$

1.81

 

 

$

2.35