v3.24.2.u1
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2024
Apr. 30, 2024
ASSETS    
Cash and cash equivalents $ 633,376 $ 941,005
Marketable securities 40,626 42,742
Receivables due from clients, net of allowance for doubtful accounts of $46,714 and $44,192 at July 31, 2024 and April 30, 2024, respectively 573,019 541,014
Income taxes and other receivables 49,606 40,696
Unearned compensation 62,375 59,247
Prepaid expenses and other assets 56,479 49,456
Total current assets 1,415,481 1,674,160
Marketable securities, non-current 231,195 211,681
Property and equipment, net 159,522 161,849
Operating lease right-of-use assets, net 155,881 160,464
Cash surrender value of company-owned life insurance policies, net of loans 234,725 218,977
Deferred income taxes 124,180 133,564
Goodwill 908,485 908,376
Intangible assets, net 82,606 88,833
Unearned compensation, non-current 113,171 99,913
Investments and other assets 22,323 21,052
Total assets 3,447,569 3,678,869
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 49,611 50,112
Income taxes payable 23,775 24,076
Compensation and benefits payable 270,897 525,466
Operating lease liability, current 35,931 36,073
Other accrued liabilities 277,804 298,792
Total current liabilities 658,018 934,519
Deferred compensation and other retirement plans 469,583 440,396
Operating lease liability, non-current 137,218 143,507
Long-term debt 397,140 396,946
Deferred tax liabilities 4,173 4,540
Other liabilities 22,195 21,636
Total liabilities 1,688,327 1,941,544
Stockholders' equity    
Common stock: $0.01 par value, 150,000 shares authorized, 78,210 and 77,460 shares issued and 52,154 and 51,983 shares outstanding at July 31, 2024 and April 30, 2024, respectively 390,053 414,885
Retained earnings 1,468,648 1,425,844
Accumulated other comprehensive loss, net (104,860) (107,671)
Total Korn Ferry stockholders' equity 1,753,841 1,733,058
Noncontrolling interest 5,401 4,267
Total stockholders' equity 1,759,242 1,737,325
Total liabilities and stockholders' equity $ 3,447,569 $ 3,678,869

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