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Business Segments | 9 Months Ended
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Jan. 31, 2012
Business Segments [Abstract] |
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 talent management 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 January 31, 2012 |
|  | Executive Recruitment |  |  |  |  |  |  |  |  |  |
|  | North America |  |  | EMEA |  |  | Asia Pacific |  |  | South America |  |  | Subtotal |  |  | Futurestep |  |  | Corporate |  |  | Consolidated |
|  | (in thousands) |
Fee revenue |  | $ | 90,002 |  |  | $ | 40,508 |  |  | $ | 20,938 |  |  | $ | 8,664 |  |  | $ | 160,112 |  |  | $ | 25,839 |  |  | $ | — |  |  | $ | 185,951 |
Total revenue |  | $ | 95,208 |  |  | $ | 42,112 |  |  | $ | 21,553 |  |  | $ | 8,798 |  |  | $ | 167,671 |  |  | $ | 26,952 |  |  | $ | — |  |  | $ | 194,623 |
Operating income (loss) |  | $ | 19,082 |  |  | $ | 5,313 |  |  | $ | 1,638 |  |  | $ | 2,033 |  |  | $ | 28,066 |  |  | $ | 891 |  |  | $ | (12,792 | ) |  | $ | 16,165 |
|  | Three Months Ended January 31, 2011 |
|  | Executive Recruitment |  |  | Futurestep |  |  | Corporate |  |  | Consolidated |
|  | North America |  |  | EMEA |  |  | Asia Pacific |  |  | South America |  |  | Subtotal |  |  |  |
|  | (in thousands) |
Fee revenue |  | $ | 94,991 |  |  | $ | 40,068 |  |  | $ | 20,445 |  |  | $ | 7,638 |  |  | $ | 163,142 |  |  | $ | 23,347 |  |  | $ | — |  |  | $ | 186,489 |
Total revenue |  | $ | 99,357 |  |  | $ | 41,481 |  |  | $ | 20,967 |  |  | $ | 7,767 |  |  | $ | 169,572 |  |  | $ | 24,537 |  |  | $ | — |  |  | $ | 194,109 |
Operating income (loss) |  | $ | 21,650 |  |  | $ | 3,360 |  |  | $ | 2,487 |  |  | $ | 1,559 |  |  | $ | 29,056 |  |  | $ | 1,268 |  |  | $ | (9,832 | ) |  | $ | 20,492 |
|  | Nine Months Ended January 31, 2012 |
|  | Executive Recruitment |  |  | Futurestep |  |  | Corporate (1) |  |  | Consolidated |
|  | North America |  |  | EMEA |  |  | Asia Pacific |  |  | South America |  |  | Subtotal |  |  |  |
|  | (in thousands) |
Fee revenue |  | $ | 285,938 |  |  | $ | 124,019 |  |  | $ | 71,879 |  |  | $ | 25,961 |  |  | $ | 507,797 |  |  | $ | 84,621 |  |  | $ | — |  |  | $ | 592,418 |
Total revenue |  | $ | 301,812 |  |  | $ | 128,298 |  |  | $ | 73,658 |  |  | $ | 26,483 |  |  | $ | 530,251 |  |  | $ | 88,950 |  |  | $ | — |  |  | $ | 619,201 |
Operating income (loss) |  | $ | 68,805 |  |  | $ | 16,140 |  |  | $ | 9,343 |  |  | $ | 6,266 |  |  | $ | 100,554 |  |  | $ | 5,462 |  |  | $ | (38,502 | ) |  | $ | 67,514 |
|  | Nine Months Ended January 31, 2011 |
|  | Executive Recruitment |  |  | Futurestep |  |  | Corporate (1) |  |  | Consolidated |
|  | North America |  |  | EMEA |  |  | Asia Pacific |  |  | South America |  |  | Subtotal |  |  |  |
|  | (in thousands) |
Fee revenue |  | $ | 279,032 |  |  | $ | 113,760 |  |  | $ | 65,685 |  |  | $ | 23,602 |  |  | $ | 482,079 |  |  | $ | 64,872 |  |  | $ | — |  |  | $ | 546,951 |
Total revenue |  | $ | 293,125 |  |  | $ | 117,247 |  |  | $ | 67,080 |  |  | $ | 24,018 |  |  | $ | 501,470 |  |  | $ | 69,005 |  |  | $ | — |  |  | $ | 570,475 |
Operating income (loss) |  | $ | 60,920 |  |  | $ | 6,497 |  |  | $ | 7,117 |  |  | $ | 6,136 |  |  | $ | 80,670 |  |  | $ | 3,440 |  |  | $ | (24,571 | ) |  | $ | 59,539 |
(1) | The Company recorded an adjustment to the fair value of contingent consideration for a prior acquisition, of $2.2 million and $1.9 million during the nine months ended January 31, 2012 and 2011, respectively.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 + Details
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