Korn Ferry Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Employee Stock Plans (Tables)

Employee Stock Plans (Tables)

3 Months Ended

Jul. 31, 2015

Components Of Stock-Based Compensation Expense Recognized

The following table summarizes the components of stock-based compensation expense recognized in the Company’s consolidated statements of income for the periods indicated:


	Three Months Ended July 31,
	2015			2014
	(in thousands)
Restricted stock	$	3,554		$	3,252
ESPP		120			—
Stock options		17			67

Total stock-based compensation expense, pre-tax		3,691			3,319
Tax benefit from stock-based compensation expense		(1,154	)		(982	)

Total stock-based compensation expense, net of tax	$	2,537		$	2,337

Stock Options Transactions

Stock option transactions under the Company’s Second A&R 2008 Plan were as follows:


	Three Months Ended July 31, 2015
	Options			Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life (In Years)		Aggregate Intrinsic Value
	(in thousands, except per share data)
Outstanding, April 30, 2015		202		$	15.45
Exercised		(72	)	$	15.62
Forfeited/expired		(5	)	$	17.97

Outstanding, July 31, 2015		125		$	15.30		1.69	$	2,272

Exercisable, July 31, 2015		125		$	15.30		1.69	$	2,272

Additional Information Pertaining to Stock Options

Additional information pertaining to stock options:


	Three Months Ended July 31,
	2015		2014
	(in thousands)
Total fair value of stock options vested	$	96	$	324
Total intrinsic value of stock options exercised	$	1,360	$	1,039

Restricted Stock Activity

Restricted stock activity during the three months ended July 31, 2015 is summarized below:


	Shares			Weighted- Average Grant Date Fair Value
	(in thousands, except per share data)
Non-vested, April 30, 2015		1,560		$	22.15
Granted		579		$	25.13
Vested		(695	)	$	14.74
Forfeited/expired		(9	)	$	23.96

Non-vested, July 31, 2015		1,435		$	26.93