XML 19 R2.htm IDEA: XBRL DOCUMENT v3.20.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2020
Apr. 30, 2019
ASSETS    
Cash and cash equivalents $ 689,244 $ 626,360
Marketable securities 41,951 8,288
Receivables due from clients, net of allowance for doubtful accounts of $23,795 and $21,582 at April 30, 2020 and 2019, respectively 397,165 404,857
Income taxes and other receivables 38,755 26,767
Unearned compensation 43,117 42,003
Prepaid expenses and other assets 26,851 28,535
Total current assets 1,237,083 1,136,810
Marketable securities, non-current 132,134 132,463
Property and equipment, net 142,728 131,505
Operating lease right-of-use assets, net 195,077  
Cash surrender value of company-owned life insurance policies, net of loans 146,408 126,000
Deferred income taxes 55,479 43,220
Goodwill 613,943 578,298
Intangible assets, net 111,926 82,948
Unearned compensation, non-current 79,510 80,924
Investments and other assets 29,540 22,684
Total assets 2,743,828 2,334,852
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 45,684 39,156
Income taxes payable 21,158 21,145
Compensation and benefits payable 280,911 328,610
Operating lease liability, current 54,851  
Other accrued liabilities 221,603 162,047
Total current liabilities 624,207 550,958
Deferred compensation and other retirement plans 289,136 257,635
Operating lease liability, non-current 180,766  
Long-term debt 394,144 222,878
Deferred tax liabilities 1,056 1,103
Other liabilities 30,828 58,891
Total liabilities 1,520,137 1,091,465
Commitments and contingencies
Stockholders' equity    
Common stock: $0.01 par value, 150,000 shares authorized, 73,205 and 72,442 shares issued and 54,450 and 56,431 shares outstanding at April 30, 2020 and 2019, respectively 585,560 656,463
Retained earnings 742,993 660,845
Accumulated other comprehensive loss, net (107,172) (76,652)
Total Korn Ferry stockholders' equity 1,221,381 1,240,656
Noncontrolling interest 2,310 2,731
Total stockholders' equity 1,223,691 1,243,387
Total liabilities and stockholders' equity $ 2,743,828 $ 2,334,852