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Basic and Diluted Earnings Per Share (Tables)
9 Months Ended
Jan. 31, 2021
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,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(in thousands, except per share data)

 

Net income attributable to Korn Ferry

 

$

51,319

 

 

$

19,993

 

 

$

48,264

 

 

$

105,748

 

Less: distributed and undistributed earnings to nonvested restricted stockholders

 

 

1,377

 

 

 

222

 

 

 

1,149

 

 

 

1,138

 

Basic net earnings attributable to common stockholders

 

 

49,942

 

 

 

19,771

 

 

 

47,115

 

 

 

104,610

 

Add: undistributed earnings to nonvested restricted stockholders

 

 

1,232

 

 

 

161

 

 

 

714

 

 

 

960

 

Less: reallocation of undistributed earnings to nonvested restricted stockholders

 

 

1,222

 

 

 

160

 

 

 

709

 

 

 

953

 

Diluted net earnings attributable to common stockholders

 

$

49,952

 

 

$

19,772

 

 

$

47,120

 

 

$

104,617

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average number of common shares outstanding

 

 

52,596

 

 

 

53,999

 

 

 

53,030

 

 

 

54,611

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock

 

 

414

 

 

 

258

 

 

 

352

 

 

 

363

 

ESPP

 

 

3

 

 

 

7

 

 

 

14

 

 

 

32

 

Diluted weighted-average number of common shares outstanding

 

 

53,013

 

 

 

54,264

 

 

 

53,396

 

 

 

55,006

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.95

 

 

$

0.37

 

 

$

0.89

 

 

$

1.92

 

Diluted earnings per share

 

$

0.94

 

 

$

0.36

 

 

$

0.88

 

 

$

1.90