The following table summarizes the changes in stockholders’ equity for the three months ended January 31, 2017:


	Total Korn/Ferry International Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
	(in thousands)
Balance as of October 31, 2016	$	1,050,553		$	3,591		$	1,054,144
Comprehensive income (loss):
Net income		23,897			481			24,378
Foreign currency translation adjustments		(1,321	)		(262	)		(1,583	)
Deferred compensation and pension plan adjustments, net of tax		465			—			465
Dividends paid to shareholders		(5,796	)		—			(5,796	)
Dividends paid to noncontrolling interest		—			(1,229	)		(1,229	)
Purchase of stock		(9,578	)		—			(9,578	)
Issuance of stock		2,778			—			2,778
Stock-based compensation		4,406			—			4,406
Tax benefit from exercise of stock options and vesting of restricted stock		17			—			17

Balance as of January 31, 2017	$	1,065,421		$	2,581		$	1,068,002

The following table summarizes the changes in stockholders’ equity for the nine months ended January 31, 2017:


	Total Korn/Ferry International Stockholders’ Equity			Noncontrolling Interest			Total Stockholders’ Equity
	(in thousands)
Balance as of April 30, 2016	$	1,045,300		$	2,001		$	1,047,301
Comprehensive income (loss):
Net income		57,257			2,245			59,502
Foreign currency translation adjustments		(19,580	)		(436	)		(20,016	)
Deferred compensation and pension plan adjustments, net of tax		1,392			—			1,392
Dividends paid to shareholders		(17,546	)		—			(17,546	)
Dividends paid to noncontrolling interest		—			(1,229	)		(1,229	)
Purchase of stock		(20,695	)		—			(20,695	)
Issuance of stock		5,746			—			5,746
Stock-based compensation		13,497			—			13,497
Tax benefit from exercise of stock options and vesting of restricted stock		50			—			50

Balance as of January 31, 2017	$	1,065,421		$	2,581		$	1,068,002