KORN FERRY Earnings Per Share Disclosure
| Year Ended April 30, | |||||||||||||||||
| 2025 | 2024 | 2023 | |||||||||||||||
| (in thousands, except per share data) | |||||||||||||||||
| Net income attributable to Korn Ferry | $ | 246,062 | $ | 169,154 | $ | 209,529 | |||||||||||
| Less: distributed and undistributed earnings to nonvested restricted stockholders | 3,226 | 3,092 | 4,618 | ||||||||||||||
| Basic net earnings attributable to common stockholders | 242,836 | 166,062 | 204,911 | ||||||||||||||
| Add: undistributed earnings to nonvested restricted stockholders | 2,104 | 2,122 | 3,912 | ||||||||||||||
| Less: reallocation of undistributed earnings to nonvested restricted stockholders | 2,063 | 2,106 | 3,882 | ||||||||||||||
| Diluted net earnings attributable to common stockholders | $ | 242,877 | $ | 166,078 | $ | 204,941 | |||||||||||
| Weighted-average common shares outstanding: | |||||||||||||||||
| Basic weighted-average number of common shares outstanding | 51,778 | 51,038 | 51,482 | ||||||||||||||
| Effect of dilutive securities: | |||||||||||||||||
| Restricted stock | 1,017 | 388 | 384 | ||||||||||||||
| ESPP | 11 | 6 | 17 | ||||||||||||||
| Diluted weighted-average number of common shares outstanding | 52,806 | 51,432 | 51,883 | ||||||||||||||
| Net earnings per common share: | |||||||||||||||||
| Basic earnings per share | $ | 4.69 | $ | 3.25 | $ | 3.98 | |||||||||||
| Diluted earnings per share | $ | 4.60 | $ | 3.23 | $ | 3.95 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Jun 27, 2025 | Showing above |
| 2024 | Jun 28, 2024 | |
| 2023 | Jun 28, 2023 | |
| 2022 | Jun 28, 2022 | |
| 2021 | Jun 28, 2021 | |
| 2020 | Jul 15, 2020 | |
| 2019 | Jun 28, 2019 | |
| 2018 | Jun 28, 2018 | |
| 2017 | Jun 28, 2017 | |
| 2016 | Jun 28, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.