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Basic and Diluted Earnings Per Share (Tables)
6 Months Ended
Oct. 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
October 31,
     Six Months Ended
October 31,
 
     2017      2016      2017      2016  
     (in the thousands, except per share data)  

Net income attributable to Korn/Ferry International

   $ 36,331      $ 30,152      $ 65,372      $ 33,360  

Less: distributed and undistributed earnings to nonvested restricted stockholders

     402        270        686        283  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic net earnings attributable to common stockholders

     35,929        29,882        64,686        33,077  

Add: undistributed earnings to nonvested restricted stockholders

     340        220        568        188  

Less: reallocation of undistributed earnings to nonvested restricted stockholders

     336        218        561        186  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted net earnings attributable to common stockholders

   $ 35,933      $ 29,884      $ 64,693      $ 33,079  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average common shares outstanding:

           

Basic weighted-average number of common shares outstanding

     55,390        56,614        55,592        56,401  

Effect of dilutive securities:

           

Restricted stock

     585        335        645        409  

Stock options

     2        18        8        26  

ESPP

     1        16        7        27  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted-average number of common shares outstanding

     55,978        56,983        56,252        56,863  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net earnings per common share:

           

Basic earnings per share

   $ 0.65      $ 0.53      $ 1.16      $ 0.59  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per share

   $ 0.64      $ 0.52      $ 1.15      $ 0.58