Annual report pursuant to Section 13 and 15(d)

CONSOLIDATED BALANCE SHEETS

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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2019
Apr. 30, 2018
ASSETS    
Cash and cash equivalents $ 626,360 $ 520,848
Marketable securities 8,288 14,293
Receivables due from clients, net of allowance for doubtful accounts of $21,582 and $17,845 at April 30, 2019 and 2018, respectively 404,857 384,996
Income taxes and other receivables 26,767 29,089
Unearned compensation 42,003 37,333
Prepaid expenses and other assets 28,535 27,700
Total current assets 1,136,810 1,014,259
Marketable securities, non-current 132,463 122,792
Property and equipment, net [1] 131,505 119,901
Cash surrender value of company owned life insurance policies, net of loans 126,000 120,087
Deferred income taxes 43,220 25,520
Goodwill [1] 578,298 584,222
Intangible assets, net 82,948 203,216
Unearned compensation, non-current 80,924 78,295
Investments and other assets 22,684 19,622
Total assets [1] 2,334,852 2,287,914
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 39,156 35,196
Income taxes payable 21,145 23,034
Compensation and benefits payable 328,610 304,980
Current portion of long-term debt   24,911
Other accrued liabilities 162,047 170,339
Total current liabilities 550,958 558,460
Deferred compensation and other retirement plans 257,635 227,729
Long-term debt 222,878 211,311
Deferred tax liabilities 1,103 9,105
Other liabilities 58,891 61,694
Total liabilities 1,091,465 1,068,299
Commitments and contingencies
Stockholders' equity    
Common stock: $0.01 par value, 150,000 shares authorized, 72,442 and 71,631 shares issued and 56,431 and 56,517 shares outstanding at April 30, 2019 and 2018, respectively 656,463 683,942
Retained earnings 660,845 572,800
Accumulated other comprehensive loss, net (76,652) (40,135)
Total Korn Ferry stockholders' equity 1,240,656 1,216,607
Noncontrolling interest 2,731 3,008
Total stockholders' equity 1,243,387 1,219,615
Total liabilities and stockholders' equity $ 2,334,852 $ 2,287,914
[1] As of the end of the fiscal year.