Financial Highlights by Operating Segment |
Financial highlights by operating segment are as follows:
|
|
Year Ended April 30, 2020
|
|
|
|
|
|
|
|
|
|
|
|
Executive Search
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consulting
|
|
|
Digital
|
|
|
North
America
|
|
|
EMEA
|
|
|
Asia
Pacific
|
|
|
Latin
America
|
|
|
Subtotal
|
|
|
RPO &
Professional
Search
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
|
(in thousands)
|
|
Fee revenue
|
|
$
|
543,095
|
|
|
$
|
292,366
|
|
|
$
|
434,624
|
|
|
$
|
170,314
|
|
|
$
|
98,132
|
|
|
$
|
29,400
|
|
|
$
|
732,470
|
|
|
$
|
364,801
|
|
|
$
|
—
|
|
|
$
|
1,932,732
|
|
Total revenue
|
|
$
|
557,255
|
|
|
$
|
294,261
|
|
|
$
|
447,528
|
|
|
$
|
172,978
|
|
|
$
|
99,209
|
|
|
$
|
29,493
|
|
|
$
|
749,208
|
|
|
$
|
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 (loss)
|
|
$
|
17,695
|
|
|
$
|
46,909
|
|
|
$
|
113,080
|
|
|
$
|
21,085
|
|
|
$
|
17,914
|
|
|
$
|
4,860
|
|
|
$
|
156,939
|
|
|
$
|
50,438
|
|
|
$
|
(95,956
|
)
|
|
$
|
176,025
|
|
Depreciation and amortization
|
|
|
17,567
|
|
|
|
19,261
|
|
|
|
3,452
|
|
|
|
1,713
|
|
|
|
1,311
|
|
|
|
1,182
|
|
|
|
7,658
|
|
|
|
3,906
|
|
|
|
6,919
|
|
|
|
55,311
|
|
Other income (loss), net
|
|
|
1,326
|
|
|
|
485
|
|
|
|
(3,051
|
)
|
|
|
139
|
|
|
|
11
|
|
|
|
51
|
|
|
|
(2,850
|
)
|
|
|
82
|
|
|
|
(1,922
|
)
|
|
|
(2,879
|
)
|
EBITDA
|
|
|
36,588
|
|
|
|
66,655
|
|
|
|
113,481
|
|
|
|
22,937
|
|
|
|
19,236
|
|
|
|
6,093
|
|
|
|
161,747
|
|
|
|
54,426
|
|
|
|
(90,959
|
)
|
|
|
228,457
|
|
Integration/acquisition costs
|
|
|
—
|
|
|
|
5,937
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
6,215
|
|
|
|
12,152
|
|
Restructuring charges, net
|
|
|
24,504
|
|
|
|
10,481
|
|
|
|
7,244
|
|
|
|
6,347
|
|
|
|
3,649
|
|
|
|
309
|
|
|
|
17,549
|
|
|
|
5,742
|
|
|
|
283
|
|
|
|
58,559
|
|
Separation costs
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,783
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,783
|
|
|
|
—
|
|
|
|
—
|
|
|
|
1,783
|
|
Adjusted EBITDA
|
|
$
|
61,092
|
|
|
$
|
83,073
|
|
|
$
|
120,725
|
|
|
$
|
31,067
|
|
|
$
|
22,885
|
|
|
$
|
6,402
|
|
|
$
|
181,079
|
|
|
$
|
60,168
|
|
|
$
|
(84,461
|
)
|
|
$
|
300,951
|
|
|
|
Year Ended April 30, 2019
|
|
|
|
|
|
|
|
|
|
|
|
Executive Search
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consulting
|
|
|
Digital
|
|
|
North
America
|
|
|
EMEA
|
|
|
Asia
Pacific
|
|
|
Latin
America
|
|
|
Subtotal
|
|
|
RPO &
Professional
Search
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
|
(in thousands)
|
|
Fee revenue
|
|
$
|
568,321
|
|
|
$
|
252,727
|
|
|
$
|
455,826
|
|
|
$
|
182,829
|
|
|
$
|
104,291
|
|
|
$
|
31,896
|
|
|
$
|
774,842
|
|
|
$
|
330,143
|
|
|
$
|
—
|
|
|
$
|
1,926,033
|
|
Total revenue
|
|
$
|
585,893
|
|
|
$
|
252,727
|
|
|
$
|
469,743
|
|
|
$
|
186,131
|
|
|
$
|
105,543
|
|
|
$
|
31,960
|
|
|
$
|
793,377
|
|
|
$
|
341,865
|
|
|
$
|
—
|
|
|
$
|
1,973,862
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to Korn Ferry
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
102,651
|
|
Net income attributable to noncontrolling interest
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,145
|
|
Other income, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(10,405
|
)
|
Interest expense, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
16,891
|
|
Income tax provision
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
29,544
|
|
Operating (loss) income
|
|
$
|
(34,115
|
)
|
|
$
|
39,732
|
|
|
$
|
120,754
|
|
|
$
|
29,974
|
|
|
$
|
24,364
|
|
|
$
|
3,998
|
|
|
$
|
179,090
|
|
|
$
|
50,884
|
|
|
$
|
(94,765
|
)
|
|
$
|
140,826
|
|
Depreciation and amortization
|
|
|
16,172
|
|
|
|
12,885
|
|
|
|
3,890
|
|
|
|
1,254
|
|
|
|
1,428
|
|
|
|
410
|
|
|
|
6,982
|
|
|
|
3,255
|
|
|
|
7,195
|
|
|
|
46,489
|
|
Other income (loss), net
|
|
|
2,203
|
|
|
|
995
|
|
|
|
6,699
|
|
|
|
432
|
|
|
|
281
|
|
|
|
322
|
|
|
|
7,734
|
|
|
|
268
|
|
|
|
(795
|
)
|
|
|
10,405
|
|
EBITDA
|
|
|
(15,740
|
)
|
|
|
53,612
|
|
|
|
131,343
|
|
|
|
31,660
|
|
|
|
26,073
|
|
|
|
4,730
|
|
|
|
193,806
|
|
|
|
54,407
|
|
|
|
(88,365
|
)
|
|
|
197,720
|
|
Integration/acquisition costs
|
|
|
5,304
|
|
|
|
1,255
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
187
|
|
|
|
6,746
|
|
Tradename write-offs
|
|
|
76,967
|
|
|
|
29,588
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
106,555
|
|
Adjusted EBITDA
|
|
$
|
66,531
|
|
|
$
|
84,455
|
|
|
$
|
131,343
|
|
|
$
|
31,660
|
|
|
$
|
26,073
|
|
|
$
|
4,730
|
|
|
$
|
193,806
|
|
|
$
|
54,407
|
|
|
$
|
(88,178
|
)
|
|
$
|
311,021
|
|
|
|
Year Ended April 30, 2018
|
|
|
|
|
|
|
|
|
|
|
|
Executive Search
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Consulting
|
|
|
Digital
|
|
|
North
America
|
|
|
EMEA
|
|
|
Asia
Pacific
|
|
|
Latin
America
|
|
|
Subtotal
|
|
|
RPO &
Professional
Search
|
|
|
Corporate
|
|
|
Consolidated
|
|
|
|
(in thousands)
|
|
Fee revenue
|
|
$
|
540,529
|
|
|
$
|
244,484
|
|
|
$
|
408,098
|
|
|
$
|
173,725
|
|
|
$
|
96,595
|
|
|
$
|
30,624
|
|
|
$
|
709,042
|
|
|
$
|
273,162
|
|
|
$
|
—
|
|
|
$
|
1,767,217
|
|
Total revenue
|
|
$
|
556,521
|
|
|
$
|
244,484
|
|
|
$
|
421,260
|
|
|
$
|
177,234
|
|
|
$
|
98,062
|
|
|
$
|
30,717
|
|
|
$
|
727,273
|
|
|
$
|
291,241
|
|
|
$
|
—
|
|
|
$
|
1,819,519
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Net income attributable to Korn Ferry
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
$
|
133,779
|
|
Net income attributable to noncontrolling interest
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
2,118
|
|
Other income, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
(11,416
|
)
|
Interest expense, net
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
13,832
|
|
Income tax provision
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
70,133
|
|
Operating income (loss)
|
|
$
|
22,408
|
|
|
$
|
78,127
|
|
|
$
|
100,397
|
|
|
$
|
26,768
|
|
|
$
|
18,425
|
|
|
$
|
4,022
|
|
|
$
|
149,612
|
|
|
$
|
39,396
|
|
|
$
|
(81,097
|
)
|
|
$
|
208,446
|
|
Depreciation and amortization
|
|
|
18,954
|
|
|
|
12,573
|
|
|
|
3,930
|
|
|
|
1,689
|
|
|
|
1,408
|
|
|
|
455
|
|
|
|
7,482
|
|
|
|
3,054
|
|
|
|
6,525
|
|
|
|
48,588
|
|
Other income, net
|
|
|
2,127
|
|
|
|
374
|
|
|
|
1,142
|
|
|
|
168
|
|
|
|
373
|
|
|
|
181
|
|
|
|
1,864
|
|
|
|
152
|
|
|
|
6,899
|
|
|
|
11,416
|
|
EBITDA
|
|
|
43,489
|
|
|
|
91,074
|
|
|
|
105,469
|
|
|
|
28,625
|
|
|
|
20,206
|
|
|
|
4,658
|
|
|
|
158,958
|
|
|
|
42,602
|
|
|
|
(67,673
|
)
|
|
|
268,450
|
|
Restructuring (recoveries) charges, net
|
|
|
(122
|
)
|
|
|
(119
|
)
|
|
|
—
|
|
|
|
—
|
|
|
|
313
|
|
|
|
—
|
|
|
|
313
|
|
|
|
6
|
|
|
|
—
|
|
|
|
78
|
|
Integration/acquisition costs
|
|
|
7,724
|
|
|
|
1,427
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
—
|
|
|
|
279
|
|
|
|
9,430
|
|
Adjusted EBITDA
|
|
$
|
51,091
|
|
|
$
|
92,382
|
|
|
$
|
105,469
|
|
|
$
|
28,625
|
|
|
$
|
20,519
|
|
|
$
|
4,658
|
|
|
$
|
159,271
|
|
|
$
|
42,608
|
|
|
$
|
(67,394
|
)
|
|
$
|
277,958
|
|
|