Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED STATEMENTS OF INCOME

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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
 12 Months Ended
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2011
Fee revenue $ 812,831 $ 790,505 $ 744,249
Reimbursed out-of-pocket engagement expenses 36,870 36,254 32,002
Total revenue 849,701 826,759 776,251
Compensation and benefits 555,346 534,186 507,405
General and administrative expenses 142,771 138,872 116,494
Engagement expenses 65,847 55,889 51,766
Depreciation and amortization 19,004 14,017 12,671
Restructuring charges, net 22,857 [1] 929 2,130
Total operating expenses 805,825 743,893 690,466
Operating income 43,876 82,866 85,785
Other income (loss), net 6,309 (271) 6,454
Interest expense, net (2,365) (1,791) (2,535)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries 47,820 80,804 89,704
Income tax provision 16,637 28,351 32,692
Equity in earnings of unconsolidated subsidiaries, net 2,110 1,850 1,862
Net income $ 33,293 $ 54,303 $ 58,874
Earnings per common share:      
Basic $ 0.71 $ 1.17 $ 1.30
Diluted $ 0.70 $ 1.15 $ 1.27
Weighted-average common shares outstanding:      
Basic 47,224 46,397 45,205
Diluted 47,883 47,261 46,280
[1] During fiscal 2013, the Company recovered $1.0 million from a legal settlement (related to premises) attributable to a previous restructuring action.