Financial Highlights by Operating Segment |
Financial highlights by reportable segments are as follows:
|
|
Year Ended April 30, 2022
|
|
|
|
|
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|
|
|
|
|
|
Executive Search
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consulting
|
|
|
Digital
|
|
|
North
America
|
|
|
EMEA
|
|
|
Asia
Pacific
|
|
|
Latin
America
|
|
|
RPO &
Professional
Search
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
|
(in thousands)
|
|
Fee revenue
|
|
$
|
650,204
|
|
|
$
|
349,025
|
|
|
$
|
605,704
|
|
|
$
|
182,192
|
|
|
$
|
118,596
|
|
|
$
|
29,069
|
|
|
$
|
691,928
|
|
|
$
|
—
|
|
|
$
|
2,626,718
|
|
Total revenue
|
|
$
|
654,199
|
|
|
$
|
349,437
|
|
|
$
|
609,258
|
|
|
$
|
182,866
|
|
|
$
|
118,705
|
|
|
$
|
29,079
|
|
|
$
|
699,911
|
|
|
$
|
—
|
|
|
$
|
2,643,455
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to Korn Ferry
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
326,360
|
|
Net income attributable to noncontrolling interest
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
4,485
|
|
Other loss, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
11,880
|
|
Interest expense, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
25,293
|
|
Income tax provision
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
102,056
|
|
Operating income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
470,074
|
|
Depreciation and amortization
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
63,521
|
|
Other loss, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(11,880
|
)
|
Integration/acquisition costs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,906
|
|
Impairment of fixed assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,915
|
|
Impairment of right of use assets
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
7,392
|
|
Adjusted EBITDA(1)
|
|
$
|
116,108
|
|
|
$
|
110,050
|
|
|
$
|
181,615
|
|
|
$
|
31,804
|
|
|
$
|
35,105
|
|
|
$
|
9,089
|
|
|
$
|
165,141
|
|
|
$
|
(109,984
|
)
|
|
$
|
538,928
|
|
(1)
|
Adjusted EBITDA refers to earnings before interest, taxes, depreciation and amortization and further excludes integration/acquisition costs and impairment charges.
|
|
|
Year Ended April 30, 2021
|
|
|
|
|
|
|
|
|
|
|
|
Executive Search
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consulting
|
|
|
Digital
|
|
|
North
America
|
|
|
EMEA
|
|
|
Asia
Pacific
|
|
|
Latin
America
|
|
|
RPO &
Professional
Search
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
|
(in thousands)
|
|
Fee revenue
|
|
$
|
515,844
|
|
|
$
|
287,306
|
|
|
$
|
397,275
|
|
|
$
|
138,954
|
|
|
$
|
83,306
|
|
|
$
|
17,500
|
|
|
$
|
369,862
|
|
|
$
|
—
|
|
|
$
|
1,810,047
|
|
Total revenue
|
|
$
|
517,046
|
|
|
$
|
287,780
|
|
|
$
|
399,104
|
|
|
$
|
139,213
|
|
|
$
|
83,463
|
|
|
$
|
17,500
|
|
|
$
|
375,840
|
|
|
$
|
—
|
|
|
$
|
1,819,946
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to Korn Ferry
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
114,454
|
|
Net income attributable to noncontrolling interest
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,108
|
|
Other income, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(37,194
|
)
|
Interest expense, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
29,278
|
|
Income tax provision
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
48,138
|
|
Operating income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
155,784
|
|
Depreciation and amortization
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
61,845
|
|
Other income, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
37,194
|
|
Integration/acquisition costs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
737
|
|
Restructuring charges, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
30,732
|
|
Adjusted EBITDA(1)
|
|
$
|
81,522
|
|
|
$
|
86,095
|
|
|
$
|
98,099
|
|
|
$
|
11,742
|
|
|
$
|
16,676
|
|
|
$
|
1,289
|
|
|
$
|
69,411
|
|
|
$
|
(78,542
|
)
|
|
$
|
286,292
|
|
(1)
|
Adjusted EBITDA refers to earnings before interest, taxes, depreciation and amortization and further excludes integration/acquisition costs and net restructuring charges.
|
|
|
Year Ended April 30, 2020
|
|
|
|
|
|
|
|
|
|
|
|
Executive Search
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consulting
|
|
|
Digital
|
|
|
North
America
|
|
|
EMEA
|
|
|
Asia
Pacific
|
|
|
Latin
America
|
|
|
RPO &
Professional
Search
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
|
(in thousands)
|
|
Fee revenue
|
|
$
|
543,095
|
|
|
$
|
292,366
|
|
|
$
|
434,624
|
|
|
$
|
170,314
|
|
|
$
|
98,132
|
|
|
$
|
29,400
|
|
|
$
|
364,801
|
|
|
$
|
—
|
|
|
$
|
1,932,732
|
|
Total revenue
|
|
$
|
557,255
|
|
|
$
|
294,261
|
|
|
$
|
447,528
|
|
|
$
|
172,978
|
|
|
$
|
99,209
|
|
|
$
|
29,493
|
|
|
$
|
376,606
|
|
|
$
|
—
|
|
|
$
|
1,977,330
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to Korn Ferry
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
104,946
|
|
Net income attributable to noncontrolling interest
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,071
|
|
Other loss, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,879
|
|
Interest expense, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
22,184
|
|
Income tax provision
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
43,945
|
|
Operating income
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
176,025
|
|
Depreciation and amortization
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
55,311
|
|
Other loss, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(2,879
|
)
|
Integration/acquisition costs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
12,152
|
|
Restructuring charges, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
58,559
|
|
Separation costs
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
1,783
|
|
Adjusted EBITDA(1)
|
|
$
|
61,092
|
|
|
$
|
83,073
|
|
|
$
|
120,725
|
|
|
$
|
31,067
|
|
|
$
|
22,885
|
|
|
$
|
6,402
|
|
|
$
|
60,168
|
|
|
$
|
(84,461
|
)
|
|
$
|
300,951
|
|
(1)
|
Adjusted EBITDA refers to earnings before interest, taxes, depreciation and amortization and further excludes, integration/acquisition costs, net restructuring charges and separation costs.
|
|