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Basic and Diluted Earnings Per Share (Tables)
 6 Months Ended
Oct. 31, 2019
Earnings Per Share [Abstract]  
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,

 

 

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

(in thousands, except per share data)

 

Net income attributable to Korn Ferry

 

$

42,804

 

 

$

46,034

 

 

$

85,755

 

 

$

7,423

 

Less: distributed and undistributed earnings to nonvested restricted stockholders

 

 

466

 

 

 

485

 

 

 

910

 

 

 

118

 

Basic net earnings attributable to common stockholders

 

 

42,338

 

 

 

45,549

 

 

 

84,845

 

 

 

7,305

 

Add: undistributed earnings to nonvested restricted stockholders

 

 

406

 

 

 

425

 

 

 

792

 

 

 

—

 

Less: reallocation of undistributed earnings to nonvested restricted stockholders

 

 

405

 

 

 

419

 

 

 

788

 

 

 

—

 

Diluted net earnings attributable to common stockholders

 

$

42,339

 

 

$

45,555

 

 

$

84,849

 

 

$

7,305

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average number of common shares outstanding

 

 

54,568

 

 

 

55,461

 

 

 

54,917

 

 

 

55,420

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock

 

 

138

 

 

 

767

 

 

 

228

 

 

 

871

 

ESPP

 

 

10

 

 

 

11

 

 

 

25

 

 

 

14

 

Stock Options

 

 

—

 

 

 

—

 

 

 

—

 

 

 

1

 

Diluted weighted-average number of common shares outstanding

 

 

54,716

 

 

 

56,239

 

 

 

55,170

 

 

 

56,306

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings per share

 

$

0.78

 

 

$

0.82

 

 

$

1.54

 

 

$

0.13

 

Diluted earnings per share

 

$

0.77

 

 

$

0.81

 

 

$

1.54

 

 

$

0.13