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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2020
Oct. 31, 2019
Oct. 31, 2020
Oct. 31, 2019
Total revenue $ 437,789 $ 504,177 $ 784,672 $ 1,000,375
Compensation and benefits 307,185 337,382 591,197 665,878
General and administrative expenses 46,476 62,009 93,565 127,816
Depreciation and amortization 15,298 12,715 30,333 25,492
Restructuring charges, net 2,407   29,894  
Total operating expenses 389,617 442,308 780,295 878,172
Operating income 48,172 61,869 4,377 122,203
Other income, net 277 1,133 11,439 2,959
Interest expense, net (7,494) (4,210) (14,388) (8,267)
Income before provision for income taxes 40,955 58,792 1,428 116,895
Income tax provision 12,877 15,760 4,205 30,213
Net income (loss) 28,078 43,032 (2,777) 86,682
Net income attributable to noncontrolling interest (300) (228) (278) (927)
Net income (loss) attributable to Korn Ferry $ 27,778 $ 42,804 $ (3,055) $ 85,755
Earnings (loss) per common share attributable to Korn Ferry:        
Basic $ 0.51 $ 0.78 $ (0.06) $ 1.54
Diluted $ 0.51 $ 0.77 $ (0.06) $ 1.54
Weighted-average common shares outstanding:        
Basic 53,229 54,568 53,246 54,917
Diluted 53,390 54,716 53,246 55,170
Cash dividends declared per share: $ 0.10 $ 0.10 $ 0.20 $ 0.20
Fee Revenue        
Total revenue $ 435,439 $ 492,389 $ 779,536 $ 976,938
Cost of services 15,901 18,414 30,170 35,549
Reimbursed Out Of Pocket Engagement Expenses        
Total revenue 2,350 11,788 5,136 23,437
Reimbursed Expenses        
Cost of services $ 2,350 $ 11,788 $ 5,136 $ 23,437