XML 64 R51.htm IDEA: XBRL DOCUMENT v3.8.0.1
Business Segments - Business Segments (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Oct. 31, 2017
Oct. 31, 2016
Oct. 31, 2017
Oct. 31, 2016
Segment Reporting Information [Line Items]        
Fee revenue $ 443,018 $ 401,917 $ 844,272 $ 777,538
Deferred revenue adjustment due to acquisition       3,535
Adjusted fee revenue       781,073
Total revenue 455,468 414,954 870,385 807,887
Net income attributable to Korn/Ferry International 36,331 30,152 65,372 33,360
Net income attributable to noncontrolling interest 401 904 789 1,764
Other (income) loss (3,626) 879 (7,158) (3,380)
Interest expense, net 2,579 2,736 5,239 5,797
Equity in earnings of unconsolidated subsidiaries, net (60) (29) (90) (108)
Income tax provision 15,619 11,906 27,829 13,631
Operating income (loss) 51,244 46,548 91,981 51,064
Depreciation and amortization 12,447 11,752 24,656 23,196
Other income (loss), net 3,626 (879) 7,158 3,380
Equity in earnings of unconsolidated subsidiaries, net 60 29 90 108
EBITDA 67,377 57,450 123,885 77,748
Restructuring charges (recoveries), net (202)   78 24,520
Integration/acquisition costs 2,393 5,820 4,981 13,847
Deferred revenue adjustment due to acquisition       3,535
Adjusted EBITDA 69,568 63,270 128,944 119,650
Operating Segments | Executive Search        
Segment Reporting Information [Line Items]        
Fee revenue 176,766 156,228 337,957 302,589
Adjusted fee revenue       302,589
Total revenue 180,583 160,634 346,390 312,102
Operating income (loss) 35,198 37,431 68,035 64,358
Depreciation and amortization 1,925 1,657 3,729 3,037
Other income (loss), net 466 (124) 929 348
Equity in earnings of unconsolidated subsidiaries, net 60 29 90 108
EBITDA 37,649 38,993 72,783 67,851
Restructuring charges (recoveries), net 273   313 2,816
Adjusted EBITDA 37,922 38,993 73,096 70,667
Operating Segments | Executive Search | North America        
Segment Reporting Information [Line Items]        
Fee revenue 101,544 92,732 193,377 174,534
Adjusted fee revenue       174,534
Total revenue 104,329 95,902 199,534 181,327
Operating income (loss) 22,945 26,272 44,940 42,740
Depreciation and amortization 984 990 1,933 1,820
Other income (loss), net 290 (92) 572 196
Equity in earnings of unconsolidated subsidiaries, net 60 29 90 108
EBITDA 24,279 27,199 47,535 44,864
Restructuring charges (recoveries), net       1,706
Adjusted EBITDA 24,279 27,199 47,535 46,570
Operating Segments | Executive Search | EMEA        
Segment Reporting Information [Line Items]        
Fee revenue 41,346 34,779 81,467 70,149
Adjusted fee revenue       70,149
Total revenue 42,073 35,507 83,131 71,756
Operating income (loss) 6,345 6,847 13,020 12,874
Depreciation and amortization 459 229 887 440
Other income (loss), net 43 (80) 99 (56)
EBITDA 6,847 6,996 14,006 13,258
Restructuring charges (recoveries), net       128
Adjusted EBITDA 6,847 6,996 14,006 13,386
Operating Segments | Executive Search | Asia Pacific        
Segment Reporting Information [Line Items]        
Fee revenue 25,912 19,470 47,490 39,096
Adjusted fee revenue       39,096
Total revenue 26,187 19,929 48,067 40,109
Operating income (loss) 4,381 2,028 7,522 4,130
Depreciation and amortization 371 264 691 489
Other income (loss), net 94 24 199 111
EBITDA 4,846 2,316 8,412 4,730
Restructuring charges (recoveries), net 273   313 622
Adjusted EBITDA 5,119 2,316 8,725 5,352
Operating Segments | Executive Search | Latin America        
Segment Reporting Information [Line Items]        
Fee revenue 7,964 9,247 15,623 18,810
Adjusted fee revenue       18,810
Total revenue 7,994 9,296 15,658 18,910
Operating income (loss) 1,527 2,284 2,553 4,614
Depreciation and amortization 111 174 218 288
Other income (loss), net 39 24 59 97
EBITDA 1,677 2,482 2,830 4,999
Restructuring charges (recoveries), net       360
Adjusted EBITDA 1,677 2,482 2,830 5,359
Operating Segments | Hay Group        
Segment Reporting Information [Line Items]        
Fee revenue 199,953 188,842 379,406 363,424
Deferred revenue adjustment due to acquisition       3,535
Adjusted fee revenue       366,959
Total revenue 203,836 192,352 387,132 373,860
Operating income (loss) 26,370 22,943 45,453 15,200
Depreciation and amortization 8,143 8,025 16,228 16,041
Other income (loss), net 57 (11) 89 224
EBITDA 34,570 30,957 61,770 31,465
Restructuring charges (recoveries), net (481)   (241) 21,488
Integration/acquisition costs 2,313 4,365 4,862 8,629
Deferred revenue adjustment due to acquisition       3,535
Adjusted EBITDA 36,402 35,322 66,391 65,117
Operating Segments | Futurestep        
Segment Reporting Information [Line Items]        
Fee revenue 66,299 56,847 126,909 111,525
Adjusted fee revenue       111,525
Total revenue 71,049 61,968 136,863 121,925
Operating income (loss) 9,409 7,787 17,646 15,300
Depreciation and amortization 784 669 1,580 1,292
Other income (loss), net     8 (2)
EBITDA 10,193 8,456 19,234 16,590
Restructuring charges (recoveries), net 6   6  
Adjusted EBITDA 10,199 8,456 19,240 16,590
Corporate        
Segment Reporting Information [Line Items]        
Operating income (loss) (19,733) (21,613) (39,153) (43,794)
Depreciation and amortization 1,595 1,401 3,119 2,826
Other income (loss), net 3,103 (744) 6,132 2,810
EBITDA (15,035) (20,956) (29,902) (38,158)
Restructuring charges (recoveries), net       216
Integration/acquisition costs 80 1,455 119 5,218
Adjusted EBITDA $ (14,955) $ (19,501) $ (29,783) $ (32,724)