XML 48 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Oct. 31, 2014
Oct. 31, 2013
Oct. 31, 2014
Oct. 31, 2013
Fee revenue $ 255,702 $ 237,968 $ 506,890 $ 466,405
Reimbursed out-of-pocket engagement expenses 9,015 8,269 18,152 17,419
Total revenue 264,717 246,237 525,042 483,824
Compensation and benefits 174,656 161,296 343,762 314,066
General and administrative expenses 30,145 35,795 67,513 75,666
Reimbursed expenses 9,015 8,269 18,152 17,419
Cost of services 9,706 11,132 19,171 20,641
Depreciation and amortization 6,779 6,580 13,549 12,524
Restructuring charges, net     9,886 3,682
Total operating expenses 230,301 223,072 472,033 443,998
Operating income 34,416 23,165 53,009 39,826
Other income, net 2,362 4,352 4,539 6,619
Interest expense, net (920) (638) (1,714) (1,229)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries 35,858 26,879 55,834 45,216
Equity in earnings of unconsolidated subsidiaries 452 557 918 1,022
Income tax provision 10,907 8,677 16,816 16,062
Net income $ 25,403 $ 18,759 $ 39,936 $ 30,176
Earnings per common share:        
Basic $ 0.52 $ 0.39 $ 0.82 $ 0.63
Diluted $ 0.51 $ 0.38 $ 0.80 $ 0.62
Weighted-average common shares outstanding:        
Basic 49,082 48,118 48,893 47,892
Diluted 49,740 48,816 49,720 48,748