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Basic and Diluted Earnings Per Share (Tables)
9 Months Ended
Jan. 31, 2017
Basic and Diluted Earnings per Common Share Attributable to Common Stockholders

The following table summarizes basic and diluted earnings per common share attributable to common stockholders:

 

     Three Months Ended
January 31,
     Nine Months Ended
January 31,
 
     2017      2016      2017      2016  
     (in thousands, except per share data)  

Net income (loss) attributable to Korn/Ferry International

   $ 23,897      $ (15,995    $ 57,257      $ 25,058  

Less: distributed and undistributed earnings to nonvested restricted stockholders

     227        54        505        235  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic net earnings (loss) attributable to common stockholders

     23,670        (16,049      56,752        24,823  

Add: undistributed earnings to nonvested restricted stockholders

     172        —          356        83  

Less: reallocation of undistributed earnings to nonvested restricted stockholders

     171        —          353        82  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted net earnings (loss) attributable to common stockholders

   $ 23,671      $ (16,049    $ 56,755      $ 24,824  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average common shares outstanding:

           

Basic weighted-average number of common shares outstanding

     56,173        54,003        56,325        51,159  

Effect of dilutive securities:

           

Restricted stock

     505        —          540        459  

Stock options

     20        —          24        53  

ESPP

     4        —          28        12  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted-average number of common shares outstanding

     56,702        54,003        56,917        51,683  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net earnings (loss) per common share:

           

Basic earnings (loss) per share

   $ 0.42      $ (0.30    $ 1.01      $ 0.49  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings (loss) per share

   $ 0.42      $ (0.30    $ 1.00      $ 0.48