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Basic and Diluted Earnings (Loss) Per Share (Tables)
6 Months Ended
Oct. 31, 2021
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

October 31,

 

 

Six Months Ended

October 31,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

 

 

(in thousands, except per share data)

 

Net income (loss) attributable to Korn Ferry

 

$

75,772

 

 

$

27,778

 

 

$

150,595

 

 

$

(3,055

)

Less: distributed and undistributed earnings to nonvested restricted stockholders

 

 

1,654

 

 

 

730

 

 

 

3,321

 

 

 

289

 

Basic net earnings (loss) attributable to common stockholders

 

 

74,118

 

 

 

27,048

 

 

 

147,274

 

 

 

(3,344

)

Add: undistributed earnings to nonvested restricted stockholders

 

 

1,510

 

 

 

585

 

 

 

3,005

 

 

 

 

Less: reallocation of undistributed earnings to nonvested restricted stockholders

 

 

1,497

 

 

 

583

 

 

 

2,974

 

 

 

 

Diluted net earnings (loss) attributable to common stockholders

 

$

74,131

 

 

$

27,050

 

 

$

147,305

 

 

$

(3,344

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average common shares outstanding:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted-average number of common shares outstanding

 

 

53,114

 

 

 

53,229

 

 

 

52,937

 

 

 

53,246

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Restricted stock

 

 

453

 

 

 

154

 

 

 

555

 

 

 

 

ESPP

 

 

1

 

 

 

7

 

 

 

2

 

 

 

 

Diluted weighted-average number of common shares outstanding

 

 

53,568

 

 

 

53,390

 

 

 

53,494

 

 

 

53,246

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net earnings (loss) per common share:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic earnings (loss) per share

 

$

1.40

 

 

$

0.51

 

 

$

2.78

 

 

$

(0.06

)

Diluted earnings (loss) per share

 

$

1.38

 

 

$

0.51

 

 

$

2.75

 

 

$

(0.06

)