Annual report pursuant to Section 13 and 15(d)

Consolidated Statements of Operations

 v2.3.0.11
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data
12 Months Ended
Apr. 30, 2011
Apr. 30, 2010
Apr. 30, 2009
Consolidated Statements of Operations [Abstract]      
Fee revenue $ 744,249 $ 572,380 $ 638,223
Reimbursed out-of-pocket engagement expenses 32,002 27,269 37,905
Total revenue 776,251 599,649 676,128
Compensation and benefits 507,405 413,340 442,632
General and administrative expenses 116,494 115,280 126,882
Out-of-pocket engagement expenses 51,766 41,585 49,388
Depreciation and amortization 12,671 11,493 11,583
Restructuring charges, net 2,130 20,673 41,915
Total operating expenses 690,466 602,371 672,400
Operating income (loss) 85,785 (2,722) 3,728
Other income (loss), net 6,454 10,066 (14,738)
Interest expense, net (2,535) (2,622) (1,063)
Income (loss) before provision (benefit) for income taxes and equity in earnings of unconsolidated subsidiaries 89,704 4,722 (12,073)
Income tax provision (benefit) 32,692 (485) 384
Equity in earnings of unconsolidated subsidiaries, net 1,862 91 2,365
Net income (loss) $ 58,874 $ 5,298 $ (10,092)
Earnings (loss) per common share:      
Basic $ 1.3 $ 0.12 $ (0.23)
Diluted $ 1.27 $ 0.12 $ (0.23)
Weighted-average common shares outstanding:      
Basic 45,205 44,413 43,522
Diluted 46,280 45,457 43,522