v3.20.4
CONSOLIDATED STATEMENTS OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Jan. 31, 2021
Jan. 31, 2020
Jan. 31, 2021
Jan. 31, 2020
Total revenue $ 477,880 $ 527,979 $ 1,262,552 $ 1,528,354
Compensation and benefits 326,333 348,597 917,530 1,014,475
General and administrative expenses 47,271 71,355 140,836 199,171
Depreciation and amortization 15,735 14,863 46,068 40,355
Restructuring charges, net 838 18,093 30,732 18,093
Total operating expenses 412,725 496,384 1,193,020 1,374,556
Operating income 65,155 31,595 69,532 153,798
Other income, net 14,935 5,055 26,374 8,014
Interest expense, net (7,298) (6,919) (21,686) (15,186)
Income before provision for income taxes 72,792 29,731 74,220 146,626
Income tax provision 21,204 8,775 25,409 38,988
Net income 51,588 20,956 48,811 107,638
Net income attributable to noncontrolling interest (269) (963) (547) (1,890)
Net income attributable to Korn Ferry $ 51,319 $ 19,993 $ 48,264 $ 105,748
Earnings per common share attributable to Korn Ferry:        
Basic $ 0.95 $ 0.37 $ 0.89 $ 1.92
Diluted $ 0.94 $ 0.36 $ 0.88 $ 1.90
Weighted-average common shares outstanding:        
Basic 52,596 53,999 53,030 54,611
Diluted 53,013 54,264 53,396 55,006
Cash dividends declared per share: $ 0.10 $ 0.10 $ 0.30 $ 0.30
Fee Revenue        
Total revenue $ 475,360 $ 515,325 $ 1,254,896 $ 1,492,263
Cost of services 20,028 30,822 50,198 66,371
Reimbursed Out Of Pocket Engagement Expenses        
Total revenue 2,520 12,654 7,656 36,091
Reimbursed Expenses        
Cost of services $ 2,520 $ 12,654 $ 7,656 $ 36,091

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