Korn Ferry Annual report pursuant to Section 13 and 15(d)

Fee Revenue (Tables)

12 Months Ended

Apr. 30, 2022

The following table outlines the Company’s contract asset and liability balances as of April 30, 2022 and 2021:

	April 30,
	2022		2021
	(in thousands)
Contract assets-unbilled receivables	$	100,652	$	82,842
Contract liabilities-deferred revenue	$	244,149	$	184,610

The following table provides further disaggregation of fee revenue by industry:

	Year Ended April 30,
	2022					2021					2020
	Dollars		%			Dollars		%			Dollars		%
	(dollars in thousands)
Industrial	$	688,902		26.2	%	$	490,863		27.1	%	$	556,189		28.8	%
Life Sciences/Healthcare		501,463		19.1			355,668		19.7			343,955		17.8
Financial Services		475,326		18.1			331,976		18.3			334,433		17.3
Consumer Goods		372,720		14.2			239,457		13.2			285,927		14.8
Technology		456,498		17.4			275,510		15.2			285,562		14.8
Education/Non–Profit/General		131,809		5.0			116,573		6.5			126,666		6.5
Fee Revenue	$	2,626,718		100.0	%	$	1,810,047		100.0	%	$	1,932,732		100.0	%