Three Months Ended

July 31,

2021

2020

(in thousands, except per share data)

Net income (loss) attributable to Korn Ferry

$

74,823

$

(30,833

)

Less: distributed and undistributed earnings to nonvested restricted stockholders

1,897

144

Basic net earnings (loss) attributable to common stockholders

72,926

(30,977

)

Add: undistributed earnings to nonvested restricted stockholders

1,725

—

Less: reallocation of undistributed earnings to nonvested restricted stockholders

1,707

—

Diluted net earnings (loss) attributable to common stockholders

$

72,944

$

(30,977

)

Weighted-average common shares outstanding:

Basic weighted-average number of common shares outstanding

52,760

53,264

Effect of dilutive securities:

Restricted stock

558

—

ESPP

2

—

Diluted weighted-average number of common shares outstanding

53,320

53,264

Net earnings (loss) per common share:

Basic earnings (loss) per share

$

1.38

$

(0.58

)

Diluted earnings (loss) per share

$

1.37

$

(0.58

)