XML 24 R2.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2021
Apr. 30, 2020
ASSETS    
Cash and cash equivalents $ 850,778 $ 689,244
Marketable securities 63,667 41,951
Receivables due from clients, net of allowance for doubtful accounts of $29,324 and $23,795 at April 30, 2021 and 2020, respectively 448,733 397,165
Income taxes and other receivables 40,024 38,755
Unearned compensation 53,206 43,117
Prepaid expenses and other assets 30,724 26,851
Total current assets 1,487,132 1,237,083
Marketable securities, non-current 182,692 132,134
Property and equipment, net 131,778 142,728
Operating lease right-of-use assets, net 174,121 195,077
Cash surrender value of company-owned life insurance policies, net of loans 161,295 146,408
Deferred income taxes 73,106 55,479
Goodwill 626,669 613,943
Intangible assets, net 92,949 111,926
Unearned compensation, non-current 102,356 79,510
Investments and other assets 24,428 29,540
Total assets 3,056,526 2,743,828
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 44,993 45,684
Income taxes payable 23,041 21,158
Compensation and benefits payable 394,606 280,911
Operating lease liability, current 47,986 54,851
Other accrued liabilities 239,444 221,603
Total current liabilities 750,070 624,207
Deferred compensation and other retirement plans 346,455 289,136
Operating lease liability, non-current 155,998 180,766
Long-term debt 394,794 394,144
Deferred tax liabilities 3,832 1,056
Other liabilities 36,602 30,828
Total liabilities 1,687,751 1,520,137
Commitments and contingencies
Stockholders' equity    
Common stock: $0.01 par value, 150,000 shares authorized, 74,915 and 73,205 shares issued and 54,008 and 54,450 shares outstanding at April 30, 2021 and 2020, respectively 583,260 585,560
Retained earnings 834,949 742,993
Accumulated other comprehensive loss, net (51,820) (107,172)
Total Korn Ferry stockholders' equity 1,366,389 1,221,381
Noncontrolling interest 2,386 2,310
Total stockholders' equity 1,368,775 1,223,691
Total liabilities and stockholders' equity $ 3,056,526 $ 2,743,828