XML 80 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Apr. 30, 2014
Apr. 30, 2013
Apr. 30, 2012
Fee revenue $ 960,301 $ 812,831 $ 790,505
Reimbursed out-of-pocket engagement expenses 35,258 36,870 36,254
Total revenue 995,559 849,701 826,759
Compensation and benefits 646,889 555,346 534,186
General and administrative expenses 152,040 142,771 138,872
Reimbursed expenses 35,258 36,870 36,254
Cost of services 39,910 28,977 19,635
Depreciation and amortization 26,172 19,004 14,017
Restructuring charges, net 3,682 22,857 [1] 929
Total operating expenses 903,951 805,825 743,893
Operating income 91,608 43,876 82,866
Other income (loss), net 9,769 6,309 (271)
Interest expense, net (2,363) (2,365) (1,791)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries 99,014 47,820 80,804
Equity in earnings of unconsolidated subsidiaries, net 2,169 2,110 1,850
Income tax provision 28,492 16,637 28,351
Net income $ 72,691 $ 33,293 $ 54,303
Earnings per common share:      
Basic $ 1.51 $ 0.71 $ 1.17
Diluted $ 1.48 $ 0.70 $ 1.15
Weighted-average common shares outstanding:      
Basic 48,162 47,224 46,397
Diluted 49,145 47,883 47,261
[1] During fiscal 2013, the Company recovered $1.0 million from a legal settlement (related to premises) attributable to a previous restructuring action.