Annual report pursuant to Section 13 and 15(d)

Business Segments (Detail)

v2.4.0.6
Business Segments (Detail) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 12 Months Ended
Apr. 30, 2013
Jan. 31, 2013
Oct. 31, 2012
Jul. 31, 2012
Apr. 30, 2012
Jan. 31, 2012
Oct. 31, 2011
Jul. 31, 2011
Apr. 30, 2013
Apr. 30, 2012
Apr. 30, 2011
Segment Reporting Information [Line Items]                      
Fee revenue $ 227,902 [1] $ 202,004 $ 196,231 $ 186,694 $ 198,087 $ 185,951 $ 200,136 $ 206,331 $ 812,831 $ 790,505 $ 744,249
Total revenue                 849,701 826,759 776,251
Net income 12,197 [1] 9,482 1,196 10,418 12,028 11,717 15,147 15,411 33,293 54,303 58,874
Other (income) loss, net                 (6,309) 271 (6,454)
Interest expense, net                 2,365 1,791 2,535
Income tax provision                 16,637 28,351 32,692
Equity in earnings of unconsolidated subsidiaries, net                 (2,110) (1,850) (1,862)
Operating income (loss) 15,392 [1] 8,706 2,769 17,009 15,352 16,165 25,407 25,942 43,876 82,866 85,785
Depreciation and amortization                 19,004 14,017 12,671
Other income (loss), net                 6,309 (271) 6,454
Equity in earnings of unconsolidated subsidiaries, net                 2,110 1,850 1,862
EBITDA                 71,299 98,462 106,772
Restructuring charges, net 2,900               22,857 [2] 929 2,130
Transaction and integration costs                 3,106    
Separation costs                 516 1,919  
Adjusted EBITDA                 97,778 101,310 108,902
Identifiable assets 1,115,229 [3]       1,014,689 [3]       1,115,229 [3] 1,014,689 [3] 971,680 [3]
Long-lived assets 53,628 [3]       49,808 [3]       53,628 [3] 49,808 [3] 43,142 [3]
Goodwill 257,293 [3]       176,338 [3]       257,293 [3] 176,338 [3] 183,952 [3]
Executive Recruitment | North America
                      
Segment Reporting Information [Line Items]                      
Fee revenue                 290,317 305,717 306,180
Total revenue                 305,993 323,116 323,251
Operating income (loss)                 58,832 75,580 70,782
Depreciation and amortization                 4,726 4,624 3,956
Other income (loss), net                 466 5 319
Equity in earnings of unconsolidated subsidiaries, net                 434 159  
EBITDA                 64,458 80,368 75,057
Restructuring charges, net                 3,583 (15) (340)
Adjusted EBITDA                 68,041 80,353 74,717
Identifiable assets 209,079 [3]       171,641 [3]       209,079 [3] 171,641 [3] 177,774 [3]
Long-lived assets 19,167 [3]       22,288 [3]       19,167 [3] 22,288 [3] 22,249 [3]
Goodwill 54,513 [3]       55,608 [3]       54,513 [3] 55,608 [3] 57,319 [3]
Executive Recruitment | EMEA
                      
Segment Reporting Information [Line Items]                      
Fee revenue                 128,807 141,409 137,398
Total revenue                 132,988 146,573 141,746
Operating income (loss)                 9,173 13,288 12,768
Depreciation and amortization                 2,347 1,881 1,858
Other income (loss), net                 95 (149) (156)
EBITDA                 11,615 15,020 14,470
Restructuring charges, net                 3,982 897 2,569
Separation costs                 516    
Adjusted EBITDA                 16,113 15,917 17,039
Identifiable assets 148,491 [3]       140,980 [3]       148,491 [3] 140,980 [3] 156,485 [3]
Long-lived assets 6,312 [3]       7,542 [3]       6,312 [3] 7,542 [3] 5,319 [3]
Goodwill 50,264 [3]       50,664 [3]       50,264 [3] 50,664 [3] 53,908 [3]
Executive Recruitment | Asia Pacific
                      
Segment Reporting Information [Line Items]                      
Fee revenue                 73,221 82,230 81,951
Total revenue                 75,359 84,279 83,711
Operating income (loss)                 6,973 11,859 13,172
Depreciation and amortization                 1,546 1,268 919
Other income (loss), net                 200 60 186
EBITDA                 8,719 13,187 14,277
Restructuring charges, net                 629    
Adjusted EBITDA                 9,348 13,187 14,277
Identifiable assets 72,303 [3]       76,027 [3]       72,303 [3] 76,027 [3] 77,694 [3]
Long-lived assets 2,784 [3]       3,938 [3]       2,784 [3] 3,938 [3] 2,633 [3]
Goodwill 972 [3]       972 [3]       972 [3] 972 [3] 972 [3]
Executive Recruitment | South America
                      
Segment Reporting Information [Line Items]                      
Fee revenue                 30,134 31,846 29,177
Total revenue                 30,491 32,517 29,739
Operating income (loss)                 5,987 9,207 7,539
Depreciation and amortization                 372 367 335
Other income (loss), net                 32 (61) 56
EBITDA                 6,391 9,513 7,930
Restructuring charges, net                   (99)  
Adjusted EBITDA                 6,391 9,414 7,930
Identifiable assets 23,616 [3]       22,957 [3]       23,616 [3] 22,957 [3] 21,143 [3]
Long-lived assets 894 [3]       955 [3]       894 [3] 955 [3] 808 [3]
Executive Recruitment | Subtotal
                      
Segment Reporting Information [Line Items]                      
Fee revenue                 522,479 561,202 554,706
Total revenue                 544,831 586,485 578,447
Operating income (loss)                 80,965 109,934 104,261
Depreciation and amortization                 8,991 8,140 7,068
Other income (loss), net                 793 (145) 405
Equity in earnings of unconsolidated subsidiaries, net                 434 159  
EBITDA                 91,183 118,088 111,734
Restructuring charges, net                 8,194 783 2,229
Separation costs                 516    
Adjusted EBITDA                 99,893 118,871 113,963
Identifiable assets 453,489 [3]       411,605 [3]       453,489 [3] 411,605 [3] 433,096 [3]
Long-lived assets 29,157 [3]       34,723 [3]       29,157 [3] 34,723 [3] 31,009 [3]
Goodwill 105,749 [3]       107,244 [3]       105,749 [3] 107,244 [3] 112,199 [3]
LTC
                      
Segment Reporting Information [Line Items]                      
Fee revenue                 168,115 115,407 99,352
Total revenue                 176,566 120,281 101,852
Operating income (loss)                 6,424 16,360 5,138
Depreciation and amortization                 6,012 2,613 2,801
Other income (loss), net                 (75) 146 121
EBITDA                 12,361 19,119 8,060
Restructuring charges, net                 10,198    
Adjusted EBITDA                 22,559 19,119 8,060
Identifiable assets 248,611 [3]       83,576 [3]       248,611 [3] 83,576 [3] 79,774 [3]
Long-lived assets 10,383 [3]       2,648 [3]       10,383 [3] 2,648 [3] 1,559 [3]
Goodwill 119,090 [3]       36,251 [3]       119,090 [3] 36,251 [3] 36,251 [3]
Futurestep
                      
Segment Reporting Information [Line Items]                      
Fee revenue                 122,237 113,896 90,191
Total revenue                 128,304 119,993 95,952
Operating income (loss)                 10,975 8,445 6,955
Depreciation and amortization                 1,180 1,070 926
Other income (loss), net                 51 41 11
EBITDA                 12,206 9,556 7,892
Restructuring charges, net                 3,527 146 (99)
Separation costs                   920  
Adjusted EBITDA                 15,733 10,622 7,793
Identifiable assets 93,331 [3]       90,560 [3]       93,331 [3] 90,560 [3] 81,544 [3]
Long-lived assets 2,523 [3]       3,420 [3]       2,523 [3] 3,420 [3] 2,410 [3]
Goodwill 32,454 [3]       32,843 [3]       32,454 [3] 32,843 [3] 35,502 [3]
Corporate
                      
Segment Reporting Information [Line Items]                      
Operating income (loss)                 (54,488) (51,873) [4] (30,569) [4]
Depreciation and amortization                 2,821 2,194 [4] 1,876 [4]
Other income (loss), net                 5,540 (313) [4] 5,917 [4]
Equity in earnings of unconsolidated subsidiaries, net                 1,676 1,691 [4] 1,862 [4]
EBITDA                 (44,451) (48,301) [4] (20,914) [4]
Restructuring charges, net                 938    
Transaction and integration costs                 3,106    
Separation costs                   999 [4]  
Adjusted EBITDA                 (40,407) (47,302) [4] (20,914) [4]
Identifiable assets 319,798 [3]       428,948 [3],[4]       319,798 [3] 428,948 [3],[4] 377,266 [3],[4]
Long-lived assets $ 11,565 [3]       $ 9,017 [3],[4]       $ 11,565 [3] $ 9,017 [3],[4] $ 8,164 [3],[4]
[1] During the three months ended April 30, 2013, the Company implemented a restructuring plan to continue to integrate PDI in order to eliminate redundant positions and consolidate premises. This resulted in restructuring charges, net of recoveries of $2.9 million against operations during the three months ended April 30, 2013.
[2] During fiscal 2013, the Company recovered $1.0 million from a legal settlement (related to premises) attributable to a previous restructuring action.
[3] As of the end of the fiscal year.
[4] The Company recorded an adjustment to the fair value of contingent consideration for a prior acquisition of $2.2 million and $4.9 million during the years ended April 30, 2012 and 2011, respectively.