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Basic and Diluted Earnings Per Share (Tables)
9 Months Ended
Jan. 31, 2018
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,
 
     2018      2017      2018      2017  
     (in the thousands, except per share data)  

Net income attributable to Korn/Ferry International

   $ 27,247      $ 23,897      $ 92,619      $ 57,257  

Less: distributed and undistributed earnings to nonvested restricted stockholders

     295        227        982        505  
  

 

 

    

 

 

    

 

 

    

 

 

 

Basic net earnings attributable to common stockholders

     26,952        23,670        91,637        56,752  

Add: undistributed earnings to nonvested restricted stockholders

     235        172        804        356  

Less: reallocation of undistributed earnings to nonvested restricted stockholders

     232        171        793        353  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted net earnings attributable to common stockholders

   $ 26,955      $ 23,671      $ 91,648      $ 56,755  
  

 

 

    

 

 

    

 

 

    

 

 

 

Weighted-average common shares outstanding:

           

Basic weighted-average number of common shares outstanding

     55,252        56,173        55,479        56,325  

Effect of dilutive securities:

           

Restricted stock

     738        505        744        540  

Stock options

     3        20        6        24  

ESPP

     4        4        7        28  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted-average number of common shares outstanding

     55,997        56,702        56,236        56,917  
  

 

 

    

 

 

    

 

 

    

 

 

 

Net earnings per common share:

           

Basic earnings per share

   $ 0.49      $ 0.42      $ 1.65      $ 1.01  
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted earnings per share

   $             0.48      $             0.42      $             1.63      $             1.00