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

Basic and Diluted Earnings Per Share (Tables)

6 Months Ended

Oct. 31, 2015

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,
	2015		2014		2015		2014
	(in thousands, except per share data)
Net income	$	17,971	$	25,403	$	41,053	$	39,936
Less: distributed and undistributed earnings to nonvested restricted stockholders		167		—		390		—

Basic net earnings attributable to common stockholders		17,804		25,403		40,663		39,936
Add: undistributed earnings to nonvested restricted stockholders		118		—		292		—
Less: reallocation of undistributed earnings to nonvested restricted stockholders		117		—		289		—

Diluted net earnings attributable to common stockholders	$	17,805	$	25,403	$	40,666	$	39,936

Weighted-average common shares outstanding:
Basic weighted-average number of common shares outstanding		49,981		49,082		49,737		48,893
Effect of dilutive securities:
Restricted stock		330		554		433		710
Stock options		49		104		58		117
ESPP		2		—		5		—

Diluted weighted-average number of common shares outstanding		50,362		49,740		50,233		49,720

Net earnings per common share:
Basic earnings per share	$	0.36	$	0.52	$	0.82	$	0.82

Diluted earnings per share	$	0.35	$	0.51	$	0.81	$	0.80