Basic and Diluted Earnings Per Share

3 Months Ended

Jul. 31, 2025

The following table summarizes basic and diluted earnings per common share attributable to common stockholders:


	Three Months Ended July 31,
	2025		2024

	(in thousands, except per share data)
Net income attributable to Korn Ferry	$	66,636	$	62,604
Less: distributed and undistributed earnings to nonvested restricted stockholders	855		1,006
Basic net earnings attributable to common stockholders	65,781		61,598
Add: undistributed earnings to nonvested restricted stockholders	470		658
Less: reallocation of undistributed earnings to nonvested restricted stockholders	462		648
Diluted net earnings attributable to common stockholders	$	65,789	$	61,608

Weighted-average common shares outstanding:
Basic weighted-average number of common shares outstanding	51,466		51,950
Effect of dilutive securities:
Restricted stock	899		795
Employee Stock Purchase Plan ("ESPP")	3		—
Diluted weighted-average number of common shares outstanding	52,368		52,745

Net earnings per common share:
Basic earnings per share	$	1.28	$	1.19
Diluted earnings per share	$	1.26	$	1.17

During the three months ended July 31, 2025 and 2024, restricted stock awards of 0.7 million shares and 0.9 million shares, respectively, were outstanding but not included in the computation of diluted earnings per share because they were anti-dilutive.

KORN FERRY 10-Q