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

Basic and Diluted Earnings Per Share (Tables)

3 Months Ended

Jul. 31, 2023

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


	Three Months Ended July 31,
	2023		2022

	(in thousands, except per share data)
Net income attributable to Korn Ferry	$	46,605	$	77,247
Less: distributed and undistributed earnings to nonvested restricted stockholders	1,021		1,645
Basic net earnings attributable to common stockholders	45,584		75,602
Add: undistributed earnings to nonvested restricted stockholders	806		1,474
Less: reallocation of undistributed earnings to nonvested restricted stockholders	804		1,465
Diluted net earnings attributable to common stockholders	$	45,586	$	75,611

Weighted-average common shares outstanding:
Basic weighted-average number of common shares outstanding	50,934		51,771
Effect of dilutive securities:
Restricted stock	146		335
ESPP	2		—
Diluted weighted-average number of common shares outstanding	51,082		52,106

Net earnings per common share:
Basic earnings per share	$	0.89	$	1.46
Diluted earnings per share	$	0.89	$	1.45