XML 28 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2022
Apr. 30, 2022
ASSETS    
Cash and cash equivalents $ 593,900 $ 978,070
Marketable securities 59,188 57,244
Receivables due from clients, net of allowance for doubtful accounts of $40,959 and $36,384 at October 31, 2022 and April 30, 2022, respectively 670,408 590,260
Income taxes and other receivables 48,070 31,884
Unearned compensation 62,411 60,749
Prepaid expenses and other assets 46,388 41,763
Total current assets 1,480,365 1,759,970
Marketable securities, non-current 178,565 175,783
Property and equipment, net 153,041 138,172
Operating lease right-of-use assets, net 151,537 167,734
Cash surrender value of company-owned life insurance policies, net of loans 184,230 183,308
Deferred income taxes 83,899 84,712
Goodwill 790,063 725,592
Intangible assets, net 94,408 89,770
Unearned compensation, non-current 122,361 118,238
Investments and other assets 23,266 21,267
Total assets 3,261,735 3,464,546
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 48,623 50,932
Income taxes payable 26,094 34,450
Compensation and benefits payable 327,949 547,826
Operating lease liability, current 49,039 48,609
Other accrued liabilities 303,470 302,408
Total current liabilities 755,175 984,225
Deferred compensation and other retirement plans 369,960 357,175
Operating lease liability, non-current 127,886 151,212
Long-term debt 395,831 395,477
Deferred tax liabilities 2,776 2,715
Other liabilities 27,387 24,153
Total liabilities 1,679,015 1,914,957
Stockholders' equity    
Common stock: $0.01 par value, 150,000 shares authorized, 76,622 and 75,409 shares issued and 52,909 and 53,190 shares outstanding at October 31, 2022 and April 30, 2022, respectively 446,280 502,008
Retained earnings 1,268,437 1,134,523
Accumulated other comprehensive loss, net (136,665) (92,185)
Total Korn Ferry stockholders' equity 1,578,052 1,544,346
Noncontrolling interest 4,668 5,243
Total stockholders' equity 1,582,720 1,549,589
Total liabilities and stockholders' equity $ 3,261,735 $ 3,464,546