Quarterly Results |
15. Quarterly Results (Unaudited)
The following table sets forth certain unaudited consolidated statements of income data for the quarters in fiscal 2019 and 2018. 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.
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Quarters Ended
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|
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Fiscal 2019
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|
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Fiscal 2018
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|
|
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April 30
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January 31
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|
|
October 31
|
|
|
July 31
|
|
|
April 30
|
|
|
January 31
|
|
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October 31
|
|
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July 31
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(in thousands, except per share data)
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|
Fee revenue
|
|
$
|
490,756
|
|
|
$
|
474,504
|
|
|
$
|
495,205
|
|
|
$
|
465,568
|
|
|
$
|
475,364
|
|
|
$
|
447,581
|
|
|
$
|
443,018
|
|
|
$
|
401,254
|
|
Operating income (loss)
|
|
$
|
62,275
|
|
|
$
|
62,683
|
|
|
$
|
70,987
|
|
|
$
|
(55,119
|
)
|
|
$
|
64,197
|
|
|
$
|
49,846
|
|
|
$
|
52,468
|
|
|
$
|
41,935
|
|
Net income (loss)
|
|
$
|
50,627
|
|
|
$
|
45,444
|
|
|
$
|
47,317
|
|
|
$
|
(38,592
|
)
|
|
$
|
42,309
|
|
|
$
|
27,427
|
|
|
$
|
36,732
|
|
|
$
|
29,429
|
|
Net income (loss) attributable to Korn Ferry
|
|
$
|
50,264
|
|
|
$
|
44,964
|
|
|
$
|
46,034
|
|
|
$
|
(38,611
|
)
|
|
$
|
41,160
|
|
|
$
|
27,247
|
|
|
$
|
36,331
|
|
|
$
|
29,041
|
|
Net earnings (loss) per common share:
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|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Basic
|
|
$
|
0.90
|
|
|
$
|
0.81
|
|
|
$
|
0.82
|
|
|
$
|
(0.70
|
)
|
|
$
|
0.74
|
|
|
$
|
0.49
|
|
|
$
|
0.65
|
|
|
$
|
0.52
|
|
Diluted
|
|
$
|
0.89
|
|
|
$
|
0.80
|
|
|
$
|
0.81
|
|
|
$
|
(0.70
|
)
|
|
$
|
0.73
|
|
|
$
|
0.48
|
|
|
$
|
0.64
|
|
|
$
|
0.51
|
|
|