Annual report pursuant to Section 13 and 15(d)

Quarterly Results

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Quarterly Results
12 Months Ended
Apr. 30, 2017
Quarterly Results

15. Quarterly Results (Unaudited)

The following table sets forth certain unaudited consolidated statement of income data for the quarters in fiscal 2017 and 2016. The unaudited quarterly information has been prepared on the same basis as the annual financial statements and, in management’s opinion, includes all adjustments necessary to present fairly the information for the quarters presented.

 

    Quarters Ended  
    Fiscal 2017     Fiscal 2016  
    April 30     January 31     October 31     July 31     April 30     January 31     October 31     July 31  
    (in thousands, except per share data)  

Fee revenue

  $ 406,065     $ 381,918     $ 401,917     $ 375,621     $ 399,960     $ 344,158     $ 280,600     $ 267,394  

Operating income (loss)

  $ 32,834     $ 30,542     $ 46,548     $ 4,516     $ 4,842     $ (14,067   $ 29,013     $ 32,904  

Net income (loss)

  $ 27,736     $ 24,378     $ 31,056     $ 4,068     $ 6,375     $ (15,995   $ 17,971     $ 23,082  

Net income (loss) attributable to Korn/Ferry International

  $ 26,924     $ 23,897     $ 30,152     $ 3,208     $ 5,855     $ (15,995   $ 17,971     $ 23,082  

Net earnings (loss) per common share:

               

Basic.

  $ 0.48     $ 0.42     $ 0.53     $ 0.06     $ 0.10     $ (0.30   $ 0.36     $ 0.46  

Diluted.

  $ 0.47     $ 0.42     $ 0.52     $ 0.06     $ 0.10     $ (0.30   $ 0.35     $ 0.46