Basic and Diluted Earnings Per Share (Tables)

9 Months Ended

Jan. 31, 2020

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,
	2020		2019		2020		2019
	(in thousands, except per share data)
Net income attributable to Korn Ferry	$	19,993	$	44,964	$	105,748	$	52,387
Less: distributed and undistributed earnings to nonvested restricted stockholders		222		468		1,138		541
Basic net earnings attributable to common stockholders		19,771		44,496		104,610		51,846
Add: undistributed earnings to nonvested restricted stockholders		161		409		960		365
Less: reallocation of undistributed earnings to nonvested restricted stockholders		160		405		953		359
Diluted net earnings attributable to common stockholders	$	19,772	$	44,500	$	104,617	$	51,852

Weighted-average common shares outstanding:
Basic weighted-average number of common shares outstanding		53,999		55,233		54,611		55,358
Effect of dilutive securities:
Restricted stock		258		516		363		799
ESPP		7		4		32		24
Diluted weighted-average number of common shares outstanding		54,264		55,753		55,006		56,181

Net earnings per common share:
Basic earnings per share	$	0.37	$	0.81	$	1.92	$	0.94
Diluted earnings per share	$	0.36	$	0.80	$	1.90	$	0.92