Basic and Diluted Earnings Per Share

6 Months Ended

Oct. 31, 2025

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


	Three Months Ended October 31,				Six Months Ended October 31,
	2025		2024		2025		2024

	(in thousands, except per share data)
Net income attributable to Korn Ferry	$	72,399	$	60,800	$	139,035	$	123,404
Less: distributed and undistributed earnings to nonvested restricted stockholders	876		766		1,729		1,770
Basic net earnings attributable to common stockholders	71,523		60,034		137,306		121,634
Add: undistributed earnings to nonvested restricted stockholders	574		518		1,042		1,174
Less: reallocation of undistributed earnings to nonvested restricted stockholders	565		510		1,024		1,154
Diluted net earnings attributable to common stockholders	$	71,532	$	60,042	$	137,324	$	121,654

Weighted-average common shares outstanding:
Basic weighted-average number of common shares outstanding	51,745		51,957		51,606		51,953
Effect of dilutive securities:
Restricted stock	766		790		943		909
Employee Stock Purchase Plan ("ESPP")	6		3		8		2
Diluted weighted-average number of common shares outstanding	52,517		52,750		52,557		52,864

Net earnings per common share:
Basic earnings per share	$	1.38	$	1.16	$	2.66	$	2.34
Diluted earnings per share	$	1.36	$	1.14	$	2.61	$	2.30

During the three and six months ended October 31, 2025, restricted stock awards of 0.6 million shares and 0.6 million shares, respectively, were outstanding but not included in the computation of diluted earnings per share because they were anti-dilutive. During the three and six months ended October 31, 2024, restricted stock awards of 0.7 million shares and 0.7 million shares, respectively, were outstanding but not included in the computation of diluted earnings per share because they were anti-dilutive.