Year Ended April 30, 2019

Executive Search

North

America

EMEA

Asia Pacific

Latin

America

Subtotal

Advisory

RPO &

Professional

Search

Corporate

Consolidated

(in thousands)

Fee revenue

$

455,826

$

182,829

$

104,291

$

31,896

$

774,842

$

821,048

$

330,143

$

—

$

1,926,033

Total revenue

$

469,743

$

186,131

$

105,543

$

31,960

$

793,377

$

838,620

$

341,865

$

—

$

1,973,862

Net income attributable to Korn Ferry

$

102,651

Net income attributable to noncontrolling interest

2,145

Other income, net

(10,094

)

Interest expense, net

16,891

Equity in earnings of unconsolidated subsidiaries, net

(311

)

Income tax provision

29,544

Operating income (loss)

$

120,754

$

29,974

$

24,364

$

3,998

$

179,090

$

5,617

$

50,884

$

(94,765

)

$

140,826

Depreciation and amortization

3,890

1,254

1,428

410

6,982

29,057

3,255

7,195

46,489

Other income (loss), net

6,388

432

281

322

7,423

3,198

268

(795

)

10,094

Equity in earnings of unconsolidated subsidiaries, net

311

—

—

—

311

—

—

—

311

EBITDA

131,343

31,660

26,073

4,730

193,806

37,872

54,407

(88,365

)

197,720

Integration/acquisition costs

—

—

—

—

—

6,559

—

187

6,746

Tradename write-offs

—

—

—

—

—

106,555

—

—

106,555

Adjusted EBITDA

$

131,343

$

31,660

$

26,073

$

4,730

$

193,806

$

150,986

$

54,407

$

(88,178

)

$

311,021

Identifiable assets (1)

$

427,089

$

171,120

$

116,006

$

24,600

$

738,815

$

1,045,432

$

166,492

$

384,113

$

2,334,852

Long-lived assets (1)

$

19,864

$

9,266

$

9,255

$

2,711

$

41,096

$

46,689

$

8,980

$

34,740

$

131,505

Goodwill (1)

$

46,571

$

45,480

$

972

$

—

$

93,023

$

457,361

$

27,914

$

—

$

578,298

(1)

As of the end of the fiscal year.

Year Ended April 30, 2018

Executive Search

North

America

EMEA

Asia

Pacific

Latin

America

Subtotal

Advisory

RPO &

Professional

Search

Corporate

Consolidated

(in thousands)

Fee revenue

$

408,098

$

173,725

$

96,595

$

30,624

$

709,042

$

785,013

$

273,162

$

—

$

1,767,217

Total revenue

$

421,260

$

177,234

$

98,062

$

30,717

$

727,273

$

801,005

$

291,241

$

—

$

1,819,519

Net income attributable to Korn Ferry

$

133,779

Net income attributable to noncontrolling interest

2,118

Other income, net

(11,119

)

Interest expense, net

13,832

Equity in earnings of unconsolidated subsidiaries, net

(297

)

Income tax provision

70,133

Operating income (loss)

$

100,397

$

26,768

$

18,425

$

4,022

$

149,612

$

100,535

$

39,396

$

(81,097

)

$

208,446

Depreciation and amortization

3,930

1,689

1,408

455

7,482

31,527

3,054

6,525

48,588

Other income, net

845

168

373

181

1,567

2,501

152

6,899

11,119

Equity in earnings of unconsolidated subsidiaries, net

297

—

—

—

297

—

—

—

297

EBITDA

105,469

28,625

20,206

4,658

158,958

134,563

42,602

(67,673

)

268,450

Restructuring charges (recoveries), net

—

—

313

—

313

(241

)

6

—

78

Integration/acquisition costs

—

—

—

—

—

9,151

—

279

9,430

Adjusted EBITDA

$

105,469

$

28,625

$

20,519

$

4,658

$

159,271

$

143,473

$

42,608

$

(67,394

)

$

277,958

Identifiable assets (1)

$

411,347

$

198,815

$

98,599

$

23,832

$

732,593

$

1,092,474

$

144,160

$

318,687

$

2,287,914

Long-lived assets (1)

$

22,813

$

11,018

$

10,834

$

3,203

$

47,868

$

42,605

$

6,390

$

23,038

$

119,901

Goodwill (1)

$

47,757

$

47,501

$

972

$

—

$

96,230

$

458,169

$

29,823

$

—

$

584,222

(1)

As of the end of the fiscal year.

Year Ended April 30, 2017

Executive Search

North

America

EMEA

Asia

Pacific

Latin

America

Subtotal

Advisory

RPO &

Professional

Search

Corporate

Consolidated

(in thousands)

Fee revenue

$

356,625

$

146,506

$

80,169

$

34,376

$

617,676

$

724,186

$

223,659

$

—

$

1,565,521

Deferred revenue adjustment due to acquisition

—

—

—

—

—

3,535

—

—

3,535

Adjusted fee revenue

$

356,625

$

146,506

$

80,169

$

34,376

$

617,676

$

727,721

$

223,659

$

—

$

1,569,056

Total revenue

$

369,803

$

150,113

$

81,744

$

34,533

$

636,193

$

741,533

$

243,943

$

—

$

1,621,669

Net income attributable to Korn Ferry

$

84,181

Net income attributable to noncontrolling interest

3,057

Other income, net

(10,328

)

Interest expense, net

14,607

Equity in earnings of unconsolidated subsidiaries, net

(333

)

Income tax provision

29,104

Operating income (loss)

$

81,621

$

27,854

$

8,580

$

6,268

$

124,323

$

47,429

$

29,995

$

(81,459

)

$

120,288

Depreciation and amortization

3,812

1,030

1,060

483

6,385

32,262

2,818

5,795

47,260

Other income (loss), net

844

(15

)

300

684

1,813

1,900

(91

)

6,706

10,328

Equity in earnings of unconsolidated subsidiaries, net

333

—

—

—

333

—

—

—

333

EBITDA

86,610

28,869

9,940

7,435

132,854

81,591

32,722

(68,958

)

178,209

Restructuring charges, net

1,719

629

1,495

773

4,616

29,663

101

220

34,600

Integration/acquisition costs

—

—

—

—

—

14,440

—

7,939

22,379

Deferred revenue adjustment due to acquisition

—

—

—

—

—

3,535

—

—

3,535

Separation costs

—

—

—

—

—

609

—

—

609

Adjusted EBITDA

$

88,329

$

29,498

$

11,435

$

8,208

$

137,470

$

129,838

$

32,823

$

(60,799

)

$

239,332

Identifiable assets (1)

$

340,069

$

158,927

$

87,845

$

26,897

$

613,738

$

1,057,611

$

116,717

$

274,832

$

2,062,898

Long-lived assets (1)

$

23,746

$

11,089

$

8,371

$

3,262

$

46,468

$

37,846

$

6,693

$

18,560

$

109,567

Goodwill (1)

$

46,201

$

44,976

$

972

$

—

$

92,149

$

457,241

$

27,475

$

—

$

576,865

(1)

As of the end of the fiscal year.