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Business Segments
3 Months Ended
Jul. 31, 2011
Business Segments  
Business Segments

8. Business Segments

The Company operates in two global business segments; Executive Recruitment and Futurestep. The Executive Recruitment segment focuses on recruiting board-level, chief executive and other senior executive positions for clients predominantly in the consumer, financial services, industrial, life sciences/healthcare provider and technology industries and provides other related recruiting services. Futurestep creates customized, flexible talent acquisition solutions to meet specific workforce needs of organizations around the world. Their portfolio of services includes recruitment process outsourcing, talent acquisition and management consulting services, project-based recruitment, mid-level recruitment and interim professionals. The Executive Recruitment business segment is managed by geographic regional leaders. Futurestep's worldwide operations are managed by the Chief Executive Officer of Futurestep. The Executive Recruitment geographic regional leaders and the Chief Executive Officer of Futurestep report directly to the Chief Executive Officer of the Company. The Company also operates a Corporate segment to record global expenses of the Company.

Financial highlights by business segment are as follows:

 

     Three Months Ended July 31, 2011  
     Executive Recruitment                      
     North
America
     EMEA      Asia Pacific      South
America
     Subtotal      Futurestep      Corporate     Consolidated  
     (in thousands)  

Fee revenue

   $ 98,425       $ 43,242       $ 25,675       $ 8,791       $ 176,133       $ 30,198       $ —        $ 206,331   

Total revenue

   $ 103,186       $ 44,526       $ 26,211       $ 8,997       $ 182,920       $ 31,670       $ —        $ 214,590   

Operating income (loss)

   $ 24,026       $ 5,344       $ 3,934       $ 2,283       $ 35,587       $ 2,306       $ (11,951   $ 25,942   
     Three Months Ended July 31, 2010  
     Executive Recruitment                      
     North
America
     EMEA      Asia Pacific      South
America
     Subtotal      Futurestep      Corporate     Consolidated  
     (in thousands)  

Fee revenue

   $ 89,975       $ 36,268       $ 21,142       $ 7,486       $ 154,871       $ 20,241       $ —        $ 175,112   

Total revenue

   $ 95,065       $ 37,138       $ 21,603       $ 7,618       $ 161,424       $ 21,738       $ —        $ 183,162   

Operating income (loss)

   $ 19,675       $ 3,053       $ 3,069       $ 1,879       $ 27,676       $ 989       $ (9,393   $ 19,272