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Basic and Diluted Earnings Per Share (Tables)
9 Months Ended
Jan. 31, 2022
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,

 

 

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

(in thousands, except per share data)

 

Net income attributable to Korn Ferry

 

$

84,101

 

 

$

51,319

 

 

$

234,696

 

 

$

48,264

 

Less: distributed and undistributed earnings to nonvested restricted stockholders

 

 

1,798

 

 

 

1,377

 

 

 

5,363

 

 

 

1,149

 

Basic net earnings attributable to common stockholders

 

 

82,303

 

 

 

49,942

 

 

 

229,333

 

 

 

47,115

 

Add: undistributed earnings to nonvested restricted stockholders

 

 

1,658

 

 

 

1,232

 

 

 

4,908

 

 

 

714

 

Less: reallocation of undistributed earnings to nonvested restricted stockholders

 

 

1,643

 

 

 

1,222

 

 

 

4,856

 

 

 

709

 

Diluted net earnings attributable to common stockholders

 

$

82,318

 

 

$

49,952

 

 

$

229,385

 

 

$

47,120

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average number of common shares outstanding

 

 

52,999

 

 

 

52,596

 

 

 

52,958

 

 

 

53,030

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock

 

 

490

 

 

 

414

 

 

 

573

 

 

 

352

 

ESPP

 

 

6

 

 

 

3

 

 

 

7

 

 

 

14

 

Diluted weighted-average number of common shares outstanding

 

 

53,495

 

 

 

53,013

 

 

 

53,538

 

 

 

53,396

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

1.55

 

 

$

0.95

 

 

$

4.33

 

 

$

0.89

 

Diluted earnings per share

 

$

1.54

 

 

$

0.94

 

 

$

4.28

 

 

$

0.88