KORN FERRY KFY Balance Sheet

Korn ferry (KFY)

Balance Sheet / Yearly

Jan'20	Oct'19	Jul'19	Apr'19	Jan'19	Oct'18	Jul'18	Apr'18	Jan'18	Oct'17	Jul'17	Apr'17	Jan'17	Oct'16	Jul'16	Apr'16	Jan'16	Oct'15	Jul'15	Apr'15	Jan'15	Oct'14	Jul'14	Apr'14	Jan'14	Oct'13	Jul'13	Apr'13	Jan'13	Oct'12	Jul'12	Apr'12	Jan'12	Oct'11	Jul'11	Apr'11	Jan'11	Oct'10	Jul'10	Apr'10
ASSETS
Cash and cash equivalents
563,708	464,423	424,637	626,360	489,509	387,679	365,729	520,848	389,990	282,625	282,019	410,882	351,305	250,033	244,073	273,252	207,342	270,743	276,514	380,838	304,451	248,190	238,573	333,717	247,784	182,628	150,426	224,066	168,235	192,916	196,372	282,005	218,196	192,169	156,937	246,856	181,309	151,118	146,016	219,233
Marketable securities
41,022	6,508	8,508	8,288	6,414	6,686	10,952	14,293	14,807	13,671	11,651	4,363	4,139	29,766	3,475	11,338	9,118	12,109	19,859	25,757	28,291	25,973	17,633	9,566	6,337	6,531	9,720	20,347	23,318	30,242	31,021	40,936	42,079	25,904	21,232	20,868	19,949	16,189	12,919	4,114
Receivables due from clients, net of allowance for doubtful accounts of $25,168 and $21,582 at January 31, 2020 and April 30, 2019, respectively
472,261	458,263	432,758	404,857	421,812	433,557	397,559	384,996	397,845	397,374	365,657	345,314	343,105	360,788	341,984	315,975	330,687	230,442	199,533	188,543	201,486	211,718	202,387	175,986	190,982	199,247	182,177	161,508	164,870	153,544	137,358	126,579	136,090	144,502	152,250	128,859	137,408	145,043	127,948	107,215
Income taxes and other receivables
38,656	40,506	30,529	26,767	29,502	29,009	36,999	29,089	25,985	40,312	44,035	31,573	23,828	23,455	28,672	20,579	32,549	20,956	9,835	10,966	7,375	14,317	8,163	8,244	8,979	6,675	6,452	8,944	20,923	13,677	11,667	11,902	17,569	5,900	4,747	5,138	11,859	8,476	9,024	6,292
Unearned compensation
46,386	48,195	45,380	42,003	41,739	41,804	40,713	37,333	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred income taxes
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,497	1,211	-	3,975	4,068	4,375	4,486	1,857	2,622	4,051	3,511	7,971	8,557	7,299	10,830	10,267	10,648	11,124	10,214	16,251	21,375	20,313	20,844
Prepaid expenses and other assets
35,094	31,603	33,311	28,535	28,106	32,953	32,056	27,700	63,409	66,809	62,525	51,542	52,012	51,314	53,196	43,130	43,157	38,504	35,923	31,054	31,295	32,493	32,864	29,955	29,834	31,097	32,701	28,724	30,513	29,900	29,729	27,815	27,115	31,579	32,359	29,662	27,898	27,940	27,583	23,166
Total current assets
1,197,127	1,049,498	975,123	1,136,810	1,017,082	931,688	884,008	1,014,259	892,036	800,791	765,887	843,674	774,389	715,356	671,400	664,274	622,853	574,251	542,875	637,158	576,873	536,759	503,995	561,954	485,773	428,800	385,527	447,100	415,830	428,836	413,446	500,067	451,316	410,702	378,649	441,597	394,674	370,141	343,803	380,864
Marketable securities, non-current
143,789	138,055	134,148	132,463	126,950	128,913	123,124	122,792	124,196	117,566	114,608	115,574	111,289	110,217	133,502	130,092	126,820	134,799	118,079	118,819	120,578	125,892	115,382	124,993	123,083	125,754	120,253	121,569	113,793	108,692	105,526	94,798	92,129	100,037	103,043	101,363	102,301	97,410	73,253	73,105
Property and equipment, net
143,230	140,685	137,367	131,505	130,266	126,242	123,318	119,901	116,767	115,090	112,787	109,567	108,836	108,371	99,980	95,436	90,150	61,665	61,800	62,088	59,806	61,475	61,966	60,434	55,009	52,651	51,906	53,628	50,466	48,024	48,988	49,808	47,685	46,392	46,010	43,142	39,903	37,470	34,237	24,963
Operating lease right-of-use assets, net
209,236	214,421	219,412	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash surrender value of company-owned life insurance policies, net of loans
145,305	128,626	126,752	126,000	124,607	123,205	121,828	120,087	118,248	115,627	113,866	113,067	111,949	110,888	110,195	107,296	104,837	105,472	105,111	102,691	100,343	98,989	96,732	94,274	93,748	90,898	87,583	85,873	83,534	80,464	78,942	77,848	75,460	72,240	72,080	70,987	73,257	71,929	69,281	69,069
Deferred income taxes
44,928	36,779	41,191	43,220	40,530	37,776	39,512	25,520	23,222	22,167	19,387	20,175	23,810	26,235	26,232	27,163	61,448	51,528	53,506	59,841	54,501	52,813	50,291	55,039	60,347	60,552	59,716	63,203	49,143	54,389	53,969	57,290	50,828	62,453	62,134	64,418	62,385	53,526	53,334	59,742
Goodwill
615,513	578,307	578,567	578,298	580,021	579,863	581,858	584,222	586,561	581,780	583,265	576,865	581,034	586,290	587,615	590,072	575,112	250,981	250,835	254,440	242,784	251,915	255,932	257,582	255,792	259,071	257,626	257,293	261,182	195,189	171,538	176,338	174,562	179,813	182,095	183,952	176,988	177,562	170,785	172,273
Intangible assets, net
116,882	76,288	79,581	82,948	86,308	89,662	93,050	203,216	206,733	210,016	213,910	217,319	221,047	225,037	228,992	233,027	238,889	43,547	45,655	47,901	43,467	45,491	47,518	49,560	51,722	53,879	56,027	58,187	59,734	31,169	19,836	20,413	20,923	21,166	21,728	22,289	23,697	24,310	24,875	25,425
Unearned compensation, non-current
93,934	101,308	92,365	80,924	88,986	94,927	92,378	78,295	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Investments and other assets
29,705	22,314	22,052	22,684	22,803	22,191	20,394	19,622	98,769	99,064	90,617	66,657	64,197	67,679	67,447	51,240	53,191	49,945	44,683	34,863	34,184	34,569	35,622	29,830	27,359	28,841	29,554	28,376	29,708	37,112	38,729	38,127	39,181	43,824	47,029	43,932	34,312	31,931	29,752	21,657
Total assets
2,739,649	2,486,281	2,406,558	2,334,852	2,217,553	2,134,467	2,079,470	2,287,914	2,166,532	2,062,101	2,014,327	2,062,898	1,996,551	1,950,073	1,925,363	1,898,600	1,873,300	1,272,188	1,222,544	1,317,801	1,232,536	1,207,903	1,167,438	1,233,666	1,152,833	1,100,446	1,048,192	1,115,229	1,063,390	983,875	930,974	1,014,689	952,084	936,627	912,768	971,680	907,517	864,279	799,320	827,098
LIABILITIES AND STOCKHOLDERS’ EQUITY
Accounts payable
36,044	30,599	33,174	39,156	31,151	34,764	35,325	35,196	28,359	34,645	32,658	37,481	31,477	27,711	33,719	26,634	25,656	17,235	18,005	19,238	18,270	19,503	20,019	19,375	17,187	18,281	20,045	19,460	16,476	15,081	15,230	14,667	11,383	11,792	13,435	12,504	11,072	11,308	10,754	11,148
Income taxes payable
17,128	15,018	19,199	21,145	24,287	19,453	25,790	23,034	17,128	14,687	7,204	4,526	7,570	3,015	4,351	8,396	2,612	5,082	1,819	3,813	8,011	8,240	8,043	13,014	12,879	9,251	7,477	5,502	5,576	5,118	4,631	8,720	7,303	6,744	4,369	4,674	11,786	8,487	5,298	6,323
Compensation and benefits payable
258,789	198,284	156,208	328,610	266,925	231,688	175,477	304,980	234,411	191,512	145,752	248,354	198,807	176,218	147,617	266,211	213,599	142,531	120,961	219,364	169,314	140,691	113,159	192,035	148,457	119,163	95,596	160,298	127,179	98,253	79,387	160,810	117,069	107,917	92,995	173,097	143,037	121,894	94,868	131,550
Operating lease liability, current
53,592	48,493	46,854	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Current portion of long-term debt
-	-	-	-	-	26,629	26,629	24,911	23,192	21,473	19,754	19,754	19,754	19,754	19,754	30,000	31,034	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other accrued liabilities
194,838	158,071	156,218	162,047	163,997	153,088	150,534	170,339	163,784	150,855	153,386	148,464	150,009	138,738	149,865	145,023	155,100	69,692	62,098	63,595	65,231	63,554	68,701	62,509	62,512	61,332	65,542	83,291	85,116	57,917	38,440	37,527	41,434	45,180	47,289	43,591	45,300	50,762	45,099	49,062
Total current liabilities
560,391	450,465	411,653	550,958	486,360	465,622	413,755	558,460	466,874	413,172	358,754	458,579	407,617	365,436	355,306	476,264	428,001	234,540	202,883	306,010	260,826	231,988	209,922	286,933	241,035	208,027	188,660	268,551	234,347	176,369	137,688	221,724	177,189	171,633	158,088	233,866	211,195	192,451	156,019	198,083
Deferred compensation and other retirement plans
283,293	274,241	269,380	257,635	240,856	234,098	234,468	227,729	233,595	222,755	220,894	219,905	221,385	214,032	217,957	216,113	203,378	174,345	174,988	173,432	164,417	167,653	164,694	169,235	168,629	167,792	162,965	159,706	148,651	144,495	141,892	142,577	137,492	135,884	137,643	139,558	128,552	131,009	127,770	123,794
Operating lease liability, non-current
194,209	200,266	207,603	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Long-term debt
393,986	273,310	223,094	222,878	222,662	197,997	204,654	211,311	217,969	224,626	231,284	236,222	241,161	246,099	251,038	110,000	116,466	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred tax liabilities
837	1,064	1,048	1,103	1,434	1,751	1,609	9,105	7,619	16,807	18,758	7,014	7,301	14,090	13,664	5,088	57,985	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other liabilities
29,280	28,444	29,386	58,891	59,201	58,402	60,364	61,694	59,581	50,018	55,886	54,130	51,085	56,272	51,056	43,834	36,756	23,851	22,974	23,110	19,695	21,624	23,718	21,962	20,590	20,800	20,776	22,504	22,169	20,434	20,437	20,912	20,861	19,978	20,158	19,919	24,518	21,706	20,647	13,879
Total liabilities
1,461,996	1,227,790	1,142,164	1,091,465	1,010,513	957,870	914,850	1,068,299	985,638	927,378	885,576	975,850	928,549	895,929	889,021	851,299	842,586	432,736	400,845	502,552	444,938	421,265	398,334	478,130	430,254	396,619	372,401	450,761	405,167	341,298	300,017	385,213	335,542	327,495	315,889	393,343	364,265	345,166	304,436	335,756
Commitments and contingencies
-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	0	-	-	-	-
Stockholders' equity
Common stock: $0.01 par value, 150,000 shares authorized, 73,210 and 72,442 shares issued and 55,258 and 56,431 shares outstanding at January 31, 2020 and April 30, 2019, respectively
604,609	601,686	645,299	656,463	651,683	664,486	681,060	683,942	679,277	674,105	694,146	692,527	700,696	703,073	705,792	702,098	697,397	473,370	467,511	463,839	459,689	456,076	451,863	449,631	446,542	439,377	434,495	431,508	427,693	424,835	420,891	419,998	415,635	412,018	408,606	404,703	398,618	387,909	385,138	388,717
Retained earnings
749,301	734,891	697,715	660,845	616,282	577,333	537,015	572,800	537,353	515,811	485,194	461,976	440,824	422,723	398,412	401,113	401,032	422,797	410,000	392,033	371,656	348,717	323,314	308,781	287,570	266,266	247,507	236,090	223,893	214,411	213,215	202,797	190,769	179,052	163,905	148,494	128,455	114,780	101,124	90,220
Accumulated other comprehensive loss, net
-78,810	-80,646	-82,114	-76,652	-63,271	-68,581	-56,488	-40,135	-38,671	-57,902	-54,691	-71,064	-76,099	-75,243	-70,577	-57,911	-67,715	-56,715	-55,812	-40,623	-43,747	-17,671	-5,587	-2,388	-11,042	-1,322	-5,714	-2,631	7,139	3,836	-2,641	7,191	10,651	18,577	24,886	25,660	16,701	16,949	9,149	12,934
Less: notes receivable from stockholders
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	484	486	488	491	494	497	499	502	505	508	510	513	515	518	520	522	525	527	529
Total Korn Ferry stockholders' equity
1,275,100	1,255,931	1,260,900	1,240,656	1,204,694	1,173,238	1,161,587	1,216,607	1,177,959	1,132,014	1,124,649	1,083,439	1,065,421	1,050,553	1,033,627	1,045,300	1,030,714	839,452	821,699	815,249	787,598	786,638	769,104	755,536	722,579	703,827	675,791	664,468	658,223	642,577	630,957	629,476	616,542	609,132	596,879	578,337	543,252	519,113	494,884	491,342
Noncontrolling interest
2,553	2,560	3,494	2,731	2,346	3,359	3,033	3,008	2,935	2,709	4,102	3,609	2,581	3,591	2,715	2,001	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total stockholders' equity
1,277,653	1,258,491	1,264,394	1,243,387	1,207,040	1,176,597	1,164,620	1,219,615	1,180,894	1,134,723	1,128,751	1,087,048	1,068,002	1,054,144	1,036,342	1,047,301	-	-	-	815,249	787,598	787,122	769,590	756,024	723,070	704,321	676,288	664,967	658,725	643,082	631,465	629,986	617,055	609,647	597,397	578,857	543,774	519,638	495,411	491,871
Total liabilities and stockholders' equity
2,739,649	2,486,281	2,406,558	2,334,852	2,217,553	2,134,467	2,079,470	2,287,914	2,166,532	2,062,101	2,014,327	2,062,898	1,996,551	1,950,073	1,925,363	1,898,600	1,873,300	1,272,188	1,222,544	1,317,801	1,232,536	1,207,903	1,167,438	1,233,666	1,152,833	1,100,446	1,048,192	1,115,229	1,063,390	983,875	930,974	1,014,689	952,084	936,627	912,768	971,680	907,517	864,279	799,320	827,098