Quarterly report pursuant to Section 13 or 15(d)

Basic and Diluted Earnings Per Share (Tables)

v3.22.2.2
Basic and Diluted Earnings Per Share (Tables)
3 Months Ended
Jul. 31, 2022
Earnings Per Share [Abstract]  
Basic and Diluted Earnings per Common Share Attributable to Common Stockholders

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

 

 

 

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