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Basic and Diluted Earnings (Loss) Per Share | 6 Months Ended
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Oct. 31, 2024
Earnings Per Share [Abstract] |
Basic and Diluted Earnings (Loss) Per Share | Basic and Diluted Earnings (Loss) Per Share 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,
| 2024 |  | 2023 |  | 2024 |  | 2023
| (in thousands, except per share data)
Net income (loss) attributable to Korn Ferry | $ | 60,800 |  |  | $ | (1,711) |  |  | $ | 123,404 |  |  | $ | 44,894 |
Less: distributed and undistributed earnings to nonvested restricted stockholders | 766 |  |  | 169 |  |  | 1,770 |  |  | 843 |
Basic net earnings (loss) attributable to common stockholders | 60,034 |  |  | (1,880) |  |  | 121,634 |  |  | 44,051 |
Add: undistributed earnings to nonvested restricted stockholders | 518 |  |  | — |  |  | 1,174 |  |  | 459 |
Less: reallocation of undistributed earnings to nonvested restricted stockholders | 510 |  |  | — |  |  | 1,154 |  |  | 457 |
Diluted net earnings (loss) attributable to common stockholders | $ | 60,042 |  |  | $ | (1,880) |  |  | $ | 121,654 |  |  | $ | 44,053 |
Weighted-average common shares outstanding: |  |  |  |  |  |  |
Basic weighted-average number of common shares outstanding | 51,957 |  |  | 51,328 |  |  | 51,953 |  |  | 51,131 |
Effect of dilutive securities: |  |  |  |  |  |  |
Restricted stock | 790 |  |  | — |  |  | 909 |  |  | 262 |
ESPP | 3 |  |  | — |  |  | 2 |  |  | 8 |
Diluted weighted-average number of common shares outstanding | 52,750 |  |  | 51,328 |  |  | 52,864 |  |  | 51,401 |
Net earnings (loss) per common share: |  |  |  |  |  |  |
Basic earnings (loss) per share | $ | 1.16 |  |  | $ | (0.04) |  |  | $ | 2.34 |  |  | $ | 0.86 |
Diluted earnings (loss) per share | $ | 1.14 |  |  | $ | (0.04) |  |  | $ | 2.30 |  |  | $ | 0.86 |
During the three and six months ended October 31, 2024, restricted stock awards of 0.7 million shares and 0.7 million shares, respectively, were outstanding but not included in the computation of diluted earnings (loss) per share because they were anti-dilutive. During the three and six months ended October 31, 2023, restricted stock awards of 2.1 million shares and 1.2 million shares, respectively, were outstanding but not included in the computation of diluted earnings (loss) per share because they were anti-dilutive.

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