XML 16 R2.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Oct. 31, 2023
Apr. 30, 2023
ASSETS    
Cash and cash equivalents $ 620,836 $ 844,024
Marketable securities 26,149 44,837
Receivables due from clients, net of allowance for doubtful accounts of $47,574 and $44,377 at October 31, 2023 and April 30, 2023, respectively 592,208 569,601
Income taxes and other receivables 66,073 67,512
Unearned compensation 62,533 63,476
Prepaid expenses and other assets 53,741 49,219
Total current assets 1,421,540 1,638,669
Marketable securities, non-current 196,860 179,040
Property and equipment, net 165,815 161,876
Operating lease right-of-use assets, net 122,621 142,690
Cash surrender value of company-owned life insurance policies, net of loans 202,094 197,998
Deferred income taxes 101,099 102,057
Goodwill 907,563 909,491
Intangible assets, net 101,423 114,426
Unearned compensation, non-current 119,357 103,607
Investments and other assets 22,589 24,590
Total assets 3,360,961 3,574,444
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 46,375 53,386
Income taxes payable 19,446 19,969
Compensation and benefits payable 327,129 532,934
Operating lease liability, current 42,774 45,821
Other accrued liabilities 328,395 324,150
Total current liabilities 764,119 976,260
Deferred compensation and other retirement plans 406,220 396,534
Operating lease liability, non-current 100,321 119,220
Long-term debt 396,565 396,194
Deferred tax liabilities 6,629 5,352
Other liabilities 26,607 27,879
Total liabilities 1,700,461 1,921,439
Stockholders' equity    
Common stock: $0.01 par value, 150,000 shares authorized, 77,505 and 76,693 shares issued and 52,656 and 52,269 shares outstanding at October 31, 2023 and April 30, 2023, respectively 435,340 429,754
Retained earnings 1,336,686 1,311,081
Accumulated other comprehensive loss, net (115,873) (92,764)
Total Korn Ferry stockholders' equity 1,656,153 1,648,071
Noncontrolling interest 4,347 4,934
Total stockholders' equity 1,660,500 1,653,005
Total liabilities and stockholders' equity $ 3,360,961 $ 3,574,444