Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Earnings (Loss) Per Share (Tables)

v3.21.2
Basic and Diluted Earnings (Loss) Per Share (Tables)
3 Months Ended
Jul. 31, 2021
Earnings Per Share [Abstract]  
Basic and Diluted Earnings (Loss) per Common Share Attributable to Common Stockholders

The following table summarizes basic and diluted earnings (loss) per common share attributable to common stockholders:

 

 

 

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

)