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Basic and Diluted Earnings (Loss) Per Share (Tables)
3 Months Ended
Jul. 31, 2019
Earnings Per Share [Abstract]  
Basic and Diluted Earnings (Loss) per Common Share Attributable to Common Stockholders

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

 

 

Three Months Ended

July 31,

 

 

 

2019

 

 

2018

 

 

 

(in thousands, except per share data)

 

Net income (loss) attributable to Korn Ferry

 

$

42,951

 

 

$

(38,611

)

Less: distributed and undistributed earnings to nonvested restricted stockholders

 

 

444

 

 

 

59

 

Basic net earnings (loss) attributable to common stockholders

 

 

42,507

 

 

 

(38,670

)

Add: undistributed earnings to nonvested restricted stockholders

 

 

386

 

 

 

 

Less: reallocation of undistributed earnings to nonvested restricted stockholders

 

 

384

 

 

 

 

Diluted net earnings (loss) attributable to common stockholders

 

$

42,509

 

 

$

(38,670

)

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

Basic weighted-average number of common shares outstanding

 

 

55,266

 

 

 

55,378

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

Restricted stock

 

 

357

 

 

 

 

ESPP

 

 

12

 

 

 

 

Diluted weighted-average number of common shares outstanding

 

 

55,635

 

 

 

55,378

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) per common share:

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

0.77

 

 

$

(0.70

)

Diluted earnings (loss) per share

 

$

0.76

 

 

$

(0.70

)