Basic and Diluted Earnings Per Share

12 Months Ended

Apr. 30, 2025

The following table summarizes basic and diluted earnings per common share attributable to common stockholders:


	Year Ended April 30,
	2025		2024		2023

	(in thousands, except per share data)
Net income attributable to Korn Ferry	$	246,062	$	169,154	$	209,529
Less: distributed and undistributed earnings to nonvested restricted stockholders	3,226		3,092		4,618
Basic net earnings attributable to common stockholders	242,836		166,062		204,911
Add: undistributed earnings to nonvested restricted stockholders	2,104		2,122		3,912
Less: reallocation of undistributed earnings to nonvested restricted stockholders	2,063		2,106		3,882
Diluted net earnings attributable to common stockholders	$	242,877	$	166,078	$	204,941

Weighted-average common shares outstanding:
Basic weighted-average number of common shares outstanding	51,778		51,038		51,482
Effect of dilutive securities:
Restricted stock	1,017		388		384
ESPP	11		6		17
Diluted weighted-average number of common shares outstanding	52,806		51,432		51,883

Net earnings per common share:
Basic earnings per share	$	4.69	$	3.25	$	3.98
Diluted earnings per share	$	4.60	$	3.23	$	3.95

During fiscal 2025, 2024 and 2023, restricted stock awards of 0.7 million shares, 1.0 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.