Three Months Ended

July 31,

2022

2021

(in thousands, except per share data)

Net income attributable to Korn Ferry

$

77,247

$

74,823

Less: distributed and undistributed earnings to nonvested restricted stockholders

1,645

1,897

Basic net earnings attributable to common stockholders

75,602

72,926

Add: undistributed earnings to nonvested restricted stockholders

1,474

1,725

Less: reallocation of undistributed earnings to nonvested restricted stockholders

1,465

1,707

Diluted net earnings attributable to common stockholders

$

75,611

$

72,944

Weighted-average common shares outstanding:

Basic weighted-average number of common shares outstanding

51,771

52,760

Effect of dilutive securities:

Restricted stock

335

558

ESPP

—

2

Diluted weighted-average number of common shares outstanding

52,106

53,320

Net earnings per common share:

Basic earnings per share

$

1.46

$

1.38

Diluted earnings per share

$

1.45

$

1.37