v3.25.0.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME (unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2025
Jan. 31, 2024
Jan. 31, 2025
Jan. 31, 2024
Total revenue $ 676,538 $ 676,873 $ 2,041,259 $ 2,095,582
Compensation and benefits 425,319 456,216 1,314,521 1,389,956
General and administrative expenses 65,325 62,661 189,865 194,315
Depreciation and amortization 20,490 19,509 59,756 58,075
Restructuring charges, net 1,316 4,612 1,892 68,558
Total operating expenses 598,306 627,006 1,799,501 1,966,131
Operating income 78,232 49,867 241,758 129,451
Other income, net 9,363 23,817 29,259 23,559
Interest expense, net (5,461) (4,946) (15,032) (16,282)
Income before provision for income taxes 82,134 68,738 255,985 136,728
Income tax provision 22,795 9,018 70,047 29,779
Net income 59,339 59,720 185,938 106,949
Net income attributable to noncontrolling interest (925) (649) (4,120) (2,984)
Net income attributable to Korn Ferry $ 58,414 $ 59,071 $ 181,818 $ 103,965
Earnings per common share attributable to Korn Ferry:        
Basic (in usd per share) $ 1.12 $ 1.14 $ 3.46 $ 2.00
Diluted (in usd per share) $ 1.10 $ 1.13 $ 3.40 $ 1.99
Weighted-average common shares outstanding:        
Basic (in shares) 51,606 51,126 51,838 51,129
Diluted (in shares) 52,364 51,343 52,789 51,329
Fee revenue        
Total revenue $ 668,729 $ 668,679 $ 2,018,040 $ 2,071,871
Cost of services 78,047 75,814 210,248 231,516
Reimbursed out-of-pocket engagement expenses        
Total revenue 7,809 8,194 23,219 23,711
Reimbursed expenses        
Cost of services $ 7,809 $ 8,194 $ 23,219 $ 23,711

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