XML 24 R9.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Basic and Diluted Earnings Per Share
3 Months Ended
Jul. 31, 2024
Earnings Per Share [Abstract]  
Basic and Diluted Earnings Per Share Basic and Diluted Earnings Per Share
The following table summarizes basic and diluted earnings per common share attributable to common stockholders:
Three Months Ended
July 31,
20242023
(in thousands, except per share data)
Net income attributable to Korn Ferry$62,604 $46,605 
Less: distributed and undistributed earnings to nonvested restricted stockholders1,006 1,021 
Basic net earnings attributable to common stockholders61,598 45,584 
Add: undistributed earnings to nonvested restricted stockholders658 806 
Less: reallocation of undistributed earnings to nonvested restricted stockholders648 804 
Diluted net earnings attributable to common stockholders$61,608 $45,586 
Weighted-average common shares outstanding:
Basic weighted-average number of common shares outstanding51,950 50,934 
Effect of dilutive securities:  
Restricted stock795 146 
Employee Stock Purchase Plan ("ESPP")
— 
Diluted weighted-average number of common shares outstanding52,745 51,082 
Net earnings per common share:
Basic earnings per share$1.19 $0.89 
Diluted earnings per share$1.17 $0.89 
During the three months ended July 31, 2024 and 2023, restricted stock awards of 0.9 million shares and 1.2 million shares, respectively, were outstanding but not included in the computation of diluted earnings per share because they were anti-dilutive.