Korn Ferry (KFY) 10-K 26 Jun 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Apr. 30, 2015	Jun. 19, 2015	Oct. 31, 2014
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Apr. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	KFY
Entity Registrant Name	KORN FERRY INTERNATIONAL
Entity Central Index Key	56,679
Current Fiscal Year End Date	--04-30
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		50,626,827
Entity Public Float			$ 1,437,981,608

CONSOLIDATED BALANCE SHEETS

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands		Apr. 30, 2015	Apr. 30, 2014
ASSETS
Cash and cash equivalents		$ 380,838	$ 333,717
Marketable securities		25,757	9,566
Receivables due from clients, net of allowance for doubtful accounts of $9,958 and $9,513, respectively		188,543	175,986
Income taxes and other receivables		10,966	8,244
Deferred income taxes		3,827	4,486
Prepaid expenses and other assets		31,054	29,955
Total current assets		640,985	561,954
Marketable securities, non-current		118,819	124,993
Property and equipment, net	[1]	62,088	60,434
Cash surrender value of company owned life insurance policies, net of loans		102,691	94,274
Deferred income taxes, net		56,014	55,039
Goodwill	[1]	254,440	257,582
Intangible assets, net		47,901	49,560
Investments and other assets		34,863	29,830
Total assets	[1]	1,317,801	1,233,666
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable		19,238	19,375
Income taxes payable		3,813	13,014
Compensation and benefits payable		219,364	192,035
Other accrued liabilities		63,595	62,509
Total current liabilities		306,010	286,933
Deferred compensation and other retirement plans		173,432	169,235
Other liabilities		23,110	21,962
Total liabilities		$ 502,552	$ 478,130
Commitments and contingencies
Stockholders' equity:
Common stock: $0.01 par value, 150,000 shares authorized, 62,863 and 62,282 shares issued and 50,573 and 49,811 shares outstanding, respectively		$ 463,839	$ 449,631
Retained earnings		392,033	308,781
Accumulated other comprehensive loss, net		(40,623)	(2,388)
Stockholders' equity		815,249	756,024
Less: notes receivable from stockholders			(488)
Total stockholders' equity		815,249	755,536
Total liabilities and stockholders' equity		$ 1,317,801	$ 1,233,666
[1]	As of the end of the fiscal year.

CONSOLIDATED BALANCE SHEETS (Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Apr. 30, 2015	Apr. 30, 2014
Allowance for doubtful accounts	$ 9,958	$ 9,513
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	150,000,000	150,000,000
Common stock, shares issued	62,863,000	62,282,000
Common stock, shares outstanding	50,573,000	49,811,000

CONSOLIDATED STATEMENTS OF INCO

CONSOLIDATED STATEMENTS OF INCOME - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Fee revenue	$ 1,028,152	$ 960,301	$ 812,831
Reimbursed out-of-pocket engagement expenses	37,914	35,258	36,870
Total revenue	1,066,066	995,559	849,701
Compensation and benefits	691,450	646,889	555,346
General and administrative expenses	145,917	152,040	142,771
Reimbursed expenses	37,914	35,258	36,870
Cost of services	39,692	39,910	28,977
Depreciation and amortization	27,597	26,172	19,004
Restructuring charges, net	9,468	3,682	22,857
Total operating expenses	952,038	903,951	805,825
Operating income	114,028	91,608	43,876
Other income, net	7,458	9,769	6,309
Interest expense, net	(1,784)	(2,363)	(2,365)
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	119,702	99,014	47,820
Equity in earnings of unconsolidated subsidiaries, net	2,181	2,169	2,110
Income tax provision	33,526	28,492	16,637
Net income	$ 88,357	$ 72,691	$ 33,293
Earnings per common share:
Basic	$ 1.78	$ 1.51	$ 0.71
Diluted	$ 1.76	$ 1.48	$ 0.70
Weighted-average common shares outstanding:
Basic	49,052	48,162	47,224
Diluted	49,766	49,145	47,883

CONSOLIDATED STATEMENTS OF COMP

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Net income	$ 88,357	$ 72,691	$ 33,293
Other comprehensive income:
Foreign currency translation adjustments	(36,523)	(1,955)	(5,254)
Deferred compensation and pension plan adjustments, net of tax	(1,702)	2,230	(4,578)
Unrealized (losses) gains on marketable securities, net of tax	(10)	(32)	10
Comprehensive income	$ 50,122	$ 72,934	$ 23,471

CONSOLIDATED STATEMENTS OF STOC

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Retained Earnings	Accumulated Other Comprehensive (Loss) Income, Net
Beginning Balance, Shares at Apr. 30, 2012		47,913,000
Beginning Balance at Apr. 30, 2012	$ 629,986	$ 419,998	$ 202,797	$ 7,191
Comprehensive income	$ 23,471		33,293	(9,822)
Purchase of stock, shares	0	(197,000)
Purchase of stock	$ (2,838)	$ (2,838)
Issuance of stock (in shares)		1,018,000
Issuance of stock	2,134	$ 2,134
Stock-based compensation	11,920	11,920
Tax benefit from exercise of stock options	294	$ 294
Ending Balance, Shares at Apr. 30, 2013		48,734,000
Ending Balance at Apr. 30, 2013	664,967	$ 431,508	236,090	(2,631)
Comprehensive income	$ 72,934		72,691	243
Purchase of stock, shares	0	(113,000)
Purchase of stock	$ (2,249)	$ (2,249)
Issuance of stock (in shares)		1,190,000
Issuance of stock	8,805	$ 8,805
Stock-based compensation	12,160	12,160
Tax benefit from exercise of stock options	$ (593)	$ (593)
Ending Balance, Shares at Apr. 30, 2014	49,811,000	49,811,000
Ending Balance at Apr. 30, 2014	$ 756,024	$ 449,631	308,781	(2,388)
Comprehensive income	50,122		88,357	(38,235)
Dividends declared	$ (5,105)		(5,105)
Purchase of stock, shares	0	(122,000)
Purchase of stock	$ (4,038)	$ (4,038)
Issuance of stock (in shares)		884,000
Issuance of stock	2,993	$ 2,993
Stock-based compensation	13,737	13,737
Tax benefit from exercise of stock options	$ 1,516	$ 1,516
Ending Balance, Shares at Apr. 30, 2015	50,573,000	50,573,000
Ending Balance at Apr. 30, 2015	$ 815,249	$ 463,839	$ 392,033	$ (40,623)

CONSOLIDATED STATEMENTS OF CASH

CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Cash flows from operating activities:
Net income	$ 88,357	$ 72,691	$ 33,293
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	27,597	26,172	19,004
Stock-based compensation expense	13,899	12,106	11,906
Provision for doubtful accounts	7,741	7,840	6,748
Gain on cash surrender value of life insurance policies	(10,509)	(8,242)	(6,502)
Gain on marketable securities	(8,829)	(9,498)	(7,556)
Deferred income taxes	(316)	7,598	(176)
Change in other assets and liabilities, net of effect of acquisitions:
Deferred compensation	10,130	12,186	8,477
Receivables due from clients	(17,213)	(22,318)	(16,011)
Income taxes and other receivables	115	896	4,616
Prepaid expenses and other assets	(1,145)	(1,255)	750
Investment in unconsolidated subsidiaries	(2,181)	(2,169)	(2,110)
Income taxes payable	(9,194)	7,533	(3,399)
Accounts payable and accrued liabilities	17,790	29,104	8,494
Other	(8,966)	(3,162)	4,173
Net cash provided by operating activities	107,276	129,482	61,707
Cash flows from investing activities:
Purchase of property and equipment	(21,860)	(28,559)	(13,101)
Cash paid for acquisitions, net of cash acquired and earnout	(15,296)		(112,064)
Purchase of marketable securities	(22,843)	(28,150)	(50,437)
Proceeds from sales/maturities of marketable securities	21,362	44,475	51,511
Change in restricted cash		2,861	7,222
Payment of contingent consideration from acquisition		(15,000)
Premium on company-owned life insurance policies	(1,676)	(1,727)	(1,739)
Proceeds from life insurance policies	8,087	388
Dividends received from unconsolidated subsidiaries	1,656	2,120	1,897
Net cash used in investing activities	(30,570)	(23,592)	(116,711)
Cash flows from financing activities:
Payments on life insurance policy loans	(3,301)	(388)
Purchase of common stock	(4,038)	(2,249)	(2,838)
Proceeds from issuance of common stock upon exercise of employee stock options and in connection with an employee stock purchase plan	2,993	8,805	2,134
Tax benefit from exercise of stock options	1,516	(593)	294
Dividends paid to shareholders	(5,105)
Net cash (used in) provided by financing activities	(7,935)	5,575	(410)
Effect of exchange rate changes on cash and cash equivalents	(21,650)	(1,814)	(2,525)
Net increase (decrease) in cash and cash equivalents	47,121	109,651	(57,939)
Cash and cash equivalents at beginning of year	333,717	224,066	282,005
Cash and cash equivalents at end of year	380,838	333,717	224,066
Supplemental cash flow information:
Cash used to pay interest	4,230	4,229	4,361
Cash used to pay income taxes, net of refunds	$ 40,899	$ 15,604	$ 10,611

Organization and Summary of Sig

Organization and Summary of Significant Accounting Policies	12 Months Ended
	Apr. 30, 2015
Organization and Summary of Significant Accounting Policies	1. Organization and Summary of Significant Accounting Policies Nature of Business Korn/Ferry International, a Delaware corporation (the “Company”), and its subsidiaries are engaged in the business of providing talent management solutions, including executive recruitment on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing and leadership & talent consulting services. The Company’s worldwide network of 78 offices in 37 countries enables it to meet the needs of its clients in all industries. Basis of Consolidation and Presentation The consolidated financial statements include the accounts of the Company and its wholly and majority owned/controlled domestic and international subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The preparation of the consolidated financial statements conform with United States (“U.S.”) generally accepted accounting principles (“GAAP”) and prevailing practice within the industry. The consolidated financial statements include all adjustments, consisting of normal recurring accruals and any other adjustments that management considers necessary for a fair presentation of the results for these periods. Investments in affiliated companies, which are 50% or less owned and where the Company exercises significant influence over operations, are accounted for using the equity method. Dividends received from our unconsolidated subsidiaries were approximately $1.7 million, $2.1 million and $1.9 million during fiscal 2015, 2014 and 2013, respectively. The Company considers events or transactions that occur after the balance sheet date but before the consolidated financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosures. Use of Estimates and Uncertainties The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates, and changes in estimates are reported in current operations as new information is learned or upon the amounts becoming fixed and determinable. The most significant areas that require management judgment are revenue recognition, restructuring, deferred compensation, annual performance related bonuses, evaluation of the carrying value of receivables, goodwill and other intangible assets, fair value of contingent consideration, share-based payments and the recoverability of deferred income taxes. Revenue Recognition Substantially all professional fee revenue is derived from fees for professional services related to executive recruitment performed on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing and leadership & talent consulting services. Fee revenue from executive recruitment activities and recruitment for non-executive professionals is generally one-third of the estimated first year cash compensation of the placed executive or non-executive professional, as applicable, plus a percentage of the fee to cover indirect engagement related expenses. The Company generally recognizes revenue on a straight-line basis over a three-month period, commencing upon client acceptance, as this is the period over which the recruitment services are performed. Fees earned in excess of the initial contract amount are recognized upon completion of the engagement, which reflect the difference between the final actual compensation of the placed executive and the estimate used for purposes of the previous billings. Since the initial contract fees are typically not contingent upon placement of a candidate, our assumptions primarily relate to establishing the period over which such service is performed. These assumptions determine the timing of revenue recognition and profitability for the reported period. Any revenues associated with services that are provided on a contingent basis are recognized once the contingency is resolved. In addition to recruitment for non-executive professionals, Futurestep provides recruitment process outsourcing (“RPO”) services and fee revenue is recognized as services are rendered and/or milestones are achieved. Fee revenue from Leadership & Talent Consulting (“LTC”) services is recognized as services are rendered for consulting engagements and other time based services, measured by total hours incurred to the total estimated hours at completion. It is possible that updated estimates for the consulting engagement may vary from initial estimates with such updates being recognized in the period of determination. Depending on the timing of billings and services rendered, the Company accrues or defers revenue as appropriate. LTC revenue is also derived from the sale of solution services, which includes revenue from licenses and from the sale of products. Revenue from licenses is recognized using a straight-line method over the term of the contract (generally 12 months). Under the fixed term licenses, the Company is obligated to provide the licensee with access to any updates to the underlying intellectual property that are made by the Company during the term of the license. Once the term of the agreement expires, the client’s right to access or use the intellectual property expires and the Company has no further obligations to the client under the license agreement. Revenue from perpetual licenses is recognized when the license is sold since the Company’s only obligation is to provide the client access to the intellectual property but is not obligated to provide maintenance, support, updates or upgrades. Products sold by the Company mainly consist of books and automated services covering a variety of topics including performance management, team effectiveness, and coaching and development. The Company recognizes revenue for its products when the product has been sold or shipped in the case of books. As of April 30, 2015 and 2014, the Company included deferred revenue of $40.5 million and $36.8 million, respectively, in other accrued liabilities. Reimbursements The Company incurs certain out-of-pocket expenses that are reimbursed by its clients, which are accounted for as revenue in its consolidated statements of income. Allowance for Doubtful Accounts An allowance is established for doubtful accounts by taking a charge to general and administrative expenses. The amount of the allowance is based on historical loss experience, assessment of the collectability of specific accounts, as well as expectations of future collections based upon trends and the type of work for which services are rendered. After the Company exhausts all collection efforts, the amount of the allowance is reduced for balances identified as uncollectible. Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. As of April 30, 2015 and 2014, the Company’s investments in cash equivalents, consist of money market funds for which market prices are readily available. As of April 30, 2015 and 2014, the Company had cash equivalents of $260.6 million and $186.6 million, respectively. Marketable Securities The Company currently has investments in marketable securities and mutual funds which are classified as either trading securities or available-for-sale, based upon management’s intent and ability to hold, sell or trade such securities. The classification of the investments in these marketable securities and mutual funds is assessed upon purchase and reassessed at each reporting period. These investments are recorded at fair value and are classified as marketable securities in the accompanying consolidated balance sheets. The investments that the Company may sell within the next twelve months are carried as current assets. Realized gains (losses) on marketable securities are determined by specific identification. Interest is recognized on an accrual basis, dividends are recorded as earned on the ex-dividend date. Interest and dividend income are recorded in the accompanying consolidated statements of income in interest expense, net. The Company invests in mutual funds, (for which market prices are readily available) that are held in trust to satisfy obligations under the Company’s deferred compensation plans (see Note 5 — Marketable Securities The Company also invests cash in excess of its daily operating requirements and capital needs primarily in marketable fixed income (debt) securities in accordance with the Company’s investment policy, which restricts the type of investments that can be made. The Company’s investment portfolio includes corporate bonds. These marketable fixed income (debt) securities are classified as available-for-sale securities based on management’s decision, at the date such securities are acquired, not to hold these securities to maturity or actively trade them. The Company carries these marketable debt securities at fair value based on the market prices for these marketable debt securities or similar debt securities whose prices are readily available. The changes in fair values, net of applicable taxes, are recorded as unrealized gains or losses as a component of comprehensive income. When, in the opinion of management, a decline in the fair value of an investment below its amortized cost is considered to be “other-than-temporary,” a credit loss is recorded in the statement of income in other income, net; any amount in excess of the credit loss is recorded as unrealized gains or losses as a component of comprehensive income. Generally, the amount of the loss is the difference between the cost or amortized cost and its then current fair value; a credit loss is the difference between the discounted expected future cash flows to be collected from the debt security and the cost or amortized cost of the debt security. The determination of the other-than-temporary decline includes, in addition to other relevant factors, a presumption that if the market value is below cost by a significant amount for a period of time, a write-down may be necessary. During fiscal 2015, 2014 and 2013, no other-than-temporary impairment was recognized. Fair Value of Financial Instruments Fair value is the price the Company would receive to sell an asset or transfer a liability (exit price) in an orderly transaction between market participants. For those assets and liabilities recorded or disclosed at fair value, the Company determines the fair value based upon the quoted market price, if available. If a quoted market price is not available for identical assets, the fair value is based upon the quoted market price of similar assets. The fair values are assigned a level within the fair value hierarchy as defined below: • Level 1 • Level 2 • Level 3 As of April 30, 2015 and 2014, the Company held certain assets that are required to be measured at fair value on a recurring basis. These included cash, cash equivalents, accounts receivable and marketable securities. The carrying amount of cash, cash equivalents and accounts receivable approximates fair value due to the short maturity of these instruments. The fair values of marketable securities classified as trading are obtained from quoted market prices, and the fair values of marketable securities classified as available-for-sale are obtained from a third party, which are based on quoted prices or market prices for similar assets. Business Acquisitions Business acquisitions are accounted for under the acquisition method. The acquisition method requires the reporting entity to identify the acquirer, determine the acquisition date, recognize and measure the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquired entity, and recognize and measure goodwill or a gain from the purchase. The acquiree’s results are included in the Company’s consolidated financial statements from the date of acquisition. Assets acquired and liabilities assumed are recorded at their fair values and the excess of the purchase price over the amounts assigned is recorded as goodwill, or if the fair value of the assets acquired exceeds the purchase price consideration, a bargain purchase gain is recorded. Adjustments to fair value assessments are recorded to goodwill over the measurement period (not longer than twelve months). The acquisition method also requires that acquisition-related transaction and post-acquisition restructuring costs be charged to expense as committed, and requires the Company to recognize and measure certain assets and liabilities including those arising from contingencies and contingent consideration in a business combination. During fiscal 2014, the Company paid contingent consideration to the selling stockholders of PDI Ninth House (“PDI”) of $15 million, as required under the merger agreement, as a result of the achievement of certain pre-determined goals associated with expense synergies. Property and Equipment Property and equipment is carried at cost less accumulated depreciation. Leasehold improvements are amortized on a straight-line basis over the estimated useful life of the asset, or the lease term, whichever is shorter. Software development costs incurred for internal use projects are capitalized and, once placed in service, amortized using the straight-line method over the estimated useful life, generally three to seven years. All other property and equipment is depreciated or amortized on a straight-line basis over the estimated useful lives of three to ten years. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. In fiscal 2015, 2014 and 2013, there were no such impairment charges recorded. Goodwill and Intangible Assets Goodwill represents the excess of the purchase price over the fair value of assets acquired. The goodwill impairment test compares the fair value of a reporting unit with its carrying amount, including goodwill. If the carrying amount of a reporting unit exceeds its fair value, goodwill of the reporting unit would be considered impaired. To measure the amount of the impairment loss, the implied fair value of a reporting unit’s goodwill is compared to the carrying amount of that goodwill. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. If the carrying amount of a reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. For each of these tests, the fair value of each of the Company’s reporting units is determined using a combination of valuation techniques, including a discounted cash flow methodology. To corroborate the discounted cash flow analysis performed at each reporting unit, a market approach, is utilized using observable market data such as comparable companies in similar lines of business that are publicly traded or which are part of a public or private transaction (to the extent available). Results of the annual impairment test performed as of January 31, 2015, indicated that the fair value of each reporting unit exceeded its carrying amount and no reporting units were at risk of failing the impairment test. As a result, no impairment charge was recognized. There was also no indication of potential impairment during the fourth quarter of fiscal 2015 that would have required further testing. Intangible assets primarily consist of customer lists, non-compete agreements, proprietary databases, intellectual property and trademarks and are recorded at their estimated fair value at the date of acquisition and are amortized in a pattern in which the asset is consumed if that pattern can be reliably determined, or using the straight-line method over their estimated useful lives which range from one to 24 years. For intangible assets subject to amortization, an impairment loss is recognized if the carrying amount of the intangible assets is not recoverable and exceeds fair value. The carrying amount of the intangible assets is considered not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from use of the asset. Intangible assets with indefinite lives are not amortized, but are reviewed annually for impairment or more frequently whenever events or changes in circumstances indicate that the fair value of the asset may be less than its carrying amount. As of April 30, 2015 and 2014, there were no indicators of impairment with respect to the Company’s intangible assets. Compensation and Benefits Expense Compensation and benefits expense in the accompanying consolidated statements of income consist of compensation and benefits paid to consultants (employees who originate business), executive officers and administrative and support personnel. The most significant portions of this expense are salaries and the amounts paid under the annual performance related bonus plan to employees. The portion of the expense applicable to salaries is comprised of amounts earned by employees during a reporting period. The portion of the expenses applicable to annual performance related bonuses refers to the Company’s annual employee performance related bonus with respect to a fiscal year, the amount of which is communicated and paid to each eligible employee following the completion of the fiscal year. Each quarter, management makes its best estimate of its annual performance related bonuses, which requires management to, among other things, project annual consultant productivity (as measured by engagement fees billed and collected by executive search consultants and revenue and other performance metrics for LTC and Futurestep consultants), the level of engagements referred by a fee earner in one line of business to a different line of business, Company performance including profitability, competitive forces and future economic conditions and their impact on the Company’s results. At the end of each fiscal year, annual performance related bonuses take into account final individual consultant productivity (including referred work), Company results including profitability, the achievement of strategic objectives, the results of individual performance appraisals, and the current economic landscape. Accordingly, each quarter the Company reevaluates the assumptions used to estimate annual performance related bonus liability and adjusts the carrying amount of the liability recorded on the consolidated balance sheet and reports any changes in the estimate in current operations. Because annual performance-based bonuses are communicated and paid only after the Company reports its full fiscal year results, actual performance-based bonus payments may differ from the prior year’s estimate. Such changes in the bonus estimate historically have been immaterial and are recorded in current operations in the period in which they are determined. The performance related bonus expense was $166.7 million, $146.1 million and $114.1 million for the years ended April 30, 2015, 2014 and 2013, respectively, each of which was reduced by a change in the previous years’ estimate recorded in fiscal 2015, 2014 and 2013 of $0.3 million, $0.7 million and $0.2 million, respectively. This resulted in net bonus expense of $166.4 million, $145.4 million and $113.9 million for the years ended April 30, 2015, 2014 and 2013, respectively, included in compensation and benefits expense in the consolidated statements of income. Other expenses included in compensation and benefits expense are due to changes in deferred compensation and pension plan liabilities, changes in cash surrender value (“CSV”) of company owned life insurance (“COLI”) contracts, amortization of stock compensation awards, payroll taxes and employee insurance benefits. Deferred Compensation and Pension Plans For financial accounting purposes, the Company estimates the present value of the future benefits payable under the deferred compensation and pension plans as of the estimated payment commencement date. The Company also estimates the remaining number of years a participant will be employed by the Company. Then, each year during the period of estimated employment, the Company accrues a liability and recognizes expense for a portion of the future benefit using the “benefit/years of service” attribution method for Senior Executive Incentive Plan (“SEIP”), Wealth Accumulation Plan (“WAP”) and Enhanced Wealth Accumulation Plan (“EWAP”) and the “projected unit credit” method for the Worldwide Executive Benefit Plan (“WEB”). In calculating the accrual for future benefit payments, management has made assumptions regarding employee turnover, participant vesting, violation of non-competition provisions and the discount rate. Management periodically reevaluates all assumptions. If assumptions change in future reporting periods, the changes may impact the measurement and recognition of benefit liabilities and related compensation expense. Executive Capital Accumulation Plan The Company, under its deferred compensation plans, makes discretionary contributions and such contributions may be granted to key employees annually based on the employee’s performance. Certain key management may also receive Company contributions upon commencement of employment. The Company amortizes these contributions on a straight-line basis as they vest, generally over a four year period. The amounts that are expected to be paid to employees over the next 12 months are classified as a current liability included in compensation and benefits payable in the accompanying consolidated balance sheet. The ECAP is accounted for whereby the changes in the fair value of the vested amounts owed to the participants are adjusted with a corresponding charge (or credit) to compensation and benefits costs. Cash Surrender Value of Life Insurance The Company purchased COLI policies or contracts insuring the lives of certain employees eligible to participate in certain of the deferred compensation and pension plans as a means of funding benefits under such plans. The Company purchased both fixed and variable life insurance contracts and does not purchase “split-dollar” life insurance policy contracts. The Company has both contracts or policies that provide for a fixed or guaranteed rate of return and a variable rate of return depending on the return of the policies’ investment in their underlying portfolio in equities and bonds. The CSV of these COLI contracts are carried at the amounts that would be realized if the contract were surrendered at the balance sheet date, net of the outstanding loans borrowed from the insurer. The Company has the intention and ability to continue to hold these COLI policies and contracts. Additionally, the loans secured by the policies do not have any scheduled payment terms and the Company also does not intend to repay the loans outstanding on these policies until death benefits under the policy have been realized. Accordingly, the investment in COLI is classified as long-term in the accompanying consolidated balance sheet. The change in the CSV of COLI contracts, net of insurance premiums paid and gains realized, is reported in compensation and benefits expense. As of April 30, 2015 and 2014, the Company held contracts with gross CSV of $172.3 million and $167.2 million, offset by outstanding policy loans of $69.6 million and $72.9 million, respectively. If the issuing insurance companies were to become insolvent, the Company would be considered a general creditor for $50.6 million and $45.9 million of net CSV as of April 30, 2015 and 2014, respectively; therefore, these assets are subject to credit risk. Management, together with its outside advisors, routinely monitors the claims paying abilities of these insurance companies. Restructuring Charges, Net The Company accounts for its restructuring charges as a liability when the obligations are incurred and records such charges at fair value. Changes in the estimates of the restructuring charges are recorded in the period the change is determined. Stock-Based Compensation The Company has employee compensation plans under which various types of stock-based instruments are granted. These instruments, principally include restricted stock units, restricted stock, stock options and an Employee Stock Purchase Plan (“ESPP”). The Company recognizes compensation expense related to restricted stock units, restricted stock and the estimated fair value of stock options and stock purchases under the ESPP on a straight-line basis over the service period for the entire award. Translation of Foreign Currencies Generally, financial results of the Company’s foreign subsidiaries are measured in their local currencies. Assets and liabilities are translated into U.S. dollars at exchange rates in effect at the balance sheet date, while revenue and expenses are translated at weighted-average exchange rates during the fiscal year. Resulting translation adjustments are recorded as a component of accumulated comprehensive income. Gains and losses from foreign currency transactions of these subsidiaries and the translation of the financial results of subsidiaries operating in highly inflationary economies are included in general and administrative expense in the period incurred. Foreign currency losses, on an after tax basis, included in net income was $1.6 million and $0.5 million during fiscal 2015 and 2013, respectively. Foreign currency gains, on an after tax basis, included in net income were $1.0 million during fiscal 2014. Income Taxes There are two components of income tax expense: current and deferred. Current income tax expense (benefit) approximates taxes to be paid or refunded for the current period. Deferred income tax expense (benefit) results from changes in deferred tax assets and liabilities between periods. These gross deferred tax assets and liabilities represent decreases or increases in taxes expected to be paid in the future because of future reversals of temporary differences in the basis of assets and liabilities as measured by tax laws and their basis as reported in the consolidated financial statements. Deferred tax assets are also recognized for tax attributes such as net operating loss carryforwards and tax credit carryforwards. Valuation allowances are then recorded to reduce deferred tax assets to the amounts management concludes are more likely than not to be realized. Income tax benefits are recognized and measured based upon a two-step model: (1) a tax position must be more-likely-than-not to be sustained based solely on its technical merits in order to be recognized and (2) the benefit is measured as the largest dollar amount of that position that is more-likely-than-not to be sustained upon settlement. The difference between the benefit recognized for a position and the tax benefit claimed on a tax return is referred to as an unrecognized tax benefit. The Company records income tax related interest and penalties within income tax expense. Concentration of Credit Risk Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents, investments, receivables due from clients and net CSV due from insurance companies, which is discussed above. Cash equivalents include investments in money market securities while investments include mutual funds and corporate bonds. Investments are diversified throughout many industries and geographic regions. The Company conducts periodic reviews of its customers’ financial condition and customer payment practices to minimize collection risk on accounts receivable. At April 30, 2015 and 2014, the Company had no other significant credit concentrations. Recently Adopted Accounting Standards In March 2013, the Financial Accounting Standards Board (“FASB”) issued guidance on releasing cumulative translation adjustments when a reporting entity (parent) ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity. In addition, these amendments provide guidance on the release of cumulative translation adjustments in partial sales of equity method investments and in step acquisitions. This new guidance was effective on a prospective basis for fiscal years and interim reporting periods beginning after December 15, 2013. The amendments should be applied prospectively to derecognition events occurring after the effective date. Prior periods should not be adjusted and early adoption is permitted. The Company adopted this guidance during fiscal 2015 and the adoption did not have an impact on the financial statements of the Company. In June 2013, the FASB issued guidance on how a liability for an unrecognized tax benefit should be presented in the financial statements if the ultimate settlement of such liability will not result in a cash payment to the tax authority but will, rather, reduce a deferred tax asset for a net operating loss or tax credit carryforward. The FASB concluded that, when settlement in such manner is available under tax law, the liability for an unrecognized tax benefit should be presented as a reduction of the deferred tax asset associated with the net operating loss or tax credit carryforward. This new guidance was effective for fiscal years and interim periods within those years beginning after December 15, 2013. The Company adopted this guidance during fiscal 2015 and the adoption did not have an impact on the financial statements of the Company. Recently Proposed Accounting Standards In May 2014, the FASB issued guidance that supersedes revenue recognition requirements regarding contracts with customers to transfer goods or services or for the transfer of nonfinancial assets. Under the new guidance, entities are required to recognize revenue in order to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance provides a five-step analysis to be performed on transactions to determine when and how revenue is recognized. This new guidance is effective for fiscal years and interim periods within those annual years beginning after December 15, 2016. The Company will adopt this guidance in its fiscal year beginning May 1, 2017. The Company is currently evaluating the effect the guidance will have on our financial condition and results of operations.

Basic and Diluted Earnings Per

Basic and Diluted Earnings Per Share	12 Months Ended
	Apr. 30, 2015
Basic and Diluted Earnings Per Share	2. Basic and Diluted Earnings Per Share Accounting Standards Codification 260, Earnings Per Share Basic earnings per common share was computed using the two-class method by dividing basic net earnings attributable to common stockholders by the weighted-average number of common shares outstanding. Diluted earnings per common share was computed using the two-class method by dividing diluted net earnings attributable to common stockholders by the weighted-average number of common shares outstanding plus dilutive common equivalent shares. Dilutive common equivalent shares include all in-the-money outstanding options or other contracts to issue common stock as if they were exercised or converted. The application of the two-class method did not have a material impact on the earnings per share calculation for fiscal 2014 and 2013. During fiscal 2015, all shares of outstanding options were included in the computation of diluted earnings per share. During fiscal 2014 and 2013, options to purchase 0.04 million shares and 0.50 million shares, respectively, were outstanding but not included in the computation of diluted earnings per share because they were anti-dilutive. During fiscal 2015, restricted stock awards of 0.5 million, were outstanding but not included in the computation of diluted earnings per share because they were anti-dilutive. The following table summarizes basic and diluted earnings per common share attributable to common stockholders: Year Ended April 30, 2015 2014 2013 (in thousands, except per share data) Net income $ 88,357 $ 72,691 $ 33,293 Less: distributed and undistributed earnings to nonvested restricted stockholders 860 — — Basic net earnings attributable to common stockholders 87,497 72,691 33,293 Add: undistributed earnings to nonvested restricted stockholders 815 — — Less: reallocation of undistributed earnings to nonvested restricted stockholders 804 — — Diluted net earnings attributable to common stockholders $ 87,508 $ 72,691 $ 33,293 Weighted-average common shares outstanding: Basic weighted-average number of common shares outstanding 49,052 48,162 47,224 Effect of dilutive securities: Restricted stock 605 789 485 Stock options 105 194 174 ESPP 4 — — Diluted weighted-average number of common shares outstanding 49,766 49,145 47,883 Net earnings per common share: Basic earnings per share $ 1.78 $ 1.51 $ 0.71 Diluted earnings per share $ 1.76 $ 1.48 $ 0.70

Comprehensive Income

Comprehensive Income	12 Months Ended
	Apr. 30, 2015
Comprehensive Income	3. Comprehensive Income Comprehensive income is comprised of net income and all changes to stockholders’ equity, except those changes resulting from investments by stockholders (changes in paid-in capital) and distributions to stockholders (dividends) and is reported in the accompanying consolidated statements of comprehensive income. Accumulated comprehensive loss, net of taxes, is recorded as a component of stockholders’ equity. The components of accumulated other comprehensive loss were as follows: April 30, 2015 2014 (in thousands) Foreign currency translation adjustments $ (20,919 ) $ 15,604 Deferred compensation and pension plan adjustments, net of taxes (19,708 ) (18,006 ) Unrealized gains on marketable securities, net of taxes 4 14 Accumulated other comprehensive loss, net $ (40,623 ) $ (2,388 ) The following tables summarizes the changes in each component of accumulated other comprehensive income (loss): Foreign Deferred Unrealized Accumulated (in thousands) Balance as of May 1, 2012 $ 22,813 $ (15,658 ) $ 36 $ 7,191 Unrealized (losses) gains arising during the period (5,254 ) (6,033 ) 13 (11,274 ) Reclassification of realized net losses (gains) to net income — 1,455 (3 ) 1,452 Balance as of April 30, 2013 17,559 (20,236 ) 46 (2,631 ) Unrealized (losses) gains arising during the period (1,955 ) 136 (64 ) (1,883 ) Reclassification of realized net losses to net income — 2,094 32 2,126 Balance as of April 30, 2014 15,604 (18,006 ) 14 (2,388 ) Unrealized losses arising during the period (36,523 ) (3,589 ) (10 ) (40,122 ) Reclassification of realized net losses to net income — 1,887 — 1,887 Balance as of April 30, 2015 $ (20,919 ) $ (19,708 ) $ 4 $ (40,623 ) (1) The tax effects on unrealized (losses) gains of $(2.3) million, $0.07 million and $(3.8) million as of April 30, 2015, 2014 and 2013, respectively. The tax effects on reclassifications of realized net losses of $1.2 million, $1.0 million and $0.9 million as of April 30, 2015, 2014 and 2013, respectively.

Employee Stock Plans

Employee Stock Plans	12 Months Ended
	Apr. 30, 2015
Employee Stock Plans	4. Employee Stock Plans Stock-Based Compensation The following table summarizes the components of stock-based compensation expense recognized in the Company’s consolidated statements of income for the periods indicated: Year Ended April 30, 2015 2014 2013 (in thousands) Restricted stock $ 13,602 $ 11,689 $ 11,001 ESPP 162 — — Stock options 135 417 905 Total stock-based compensation expense, pre-tax 13,899 12,106 11,906 Tax benefit from stock-based compensation expense (3,893 ) (3,484 ) (4,142 ) Total stock-based compensation expense, net of tax $ 10,006 $ 8,622 $ 7,764 The Company uses the Black-Scholes option valuation model to estimate the grant date fair value of employee stock options. The expected volatility reflects consideration of the historical volatility in the Company’s publicly traded stock during the period the option is granted. The Company believes historical volatility in these instruments is more indicative of expected future volatility than the implied volatility in the price of the Company’s common stock. The expected life of each option is estimated using historical data. The risk-free interest rate is based on the U.S. Treasury zero-coupon issue with a remaining term approximating the expected term of the option. The Company uses historical data to estimate forfeiture rates applied to the gross amount of expense determined using the option valuation model. The Black-Scholes option pricing model was developed for use in estimating the fair value of traded options. The assumptions used in option valuation models are highly subjective, particularly the expected stock price volatility of the underlying stock. The Company did not grant stock options in fiscal 2015, 2014 and 2013. Stock Incentive Plan At the Company’s 2012 Annual Meeting of Stockholders, held on September 27, 2012, the Company’s stockholders approved an amendment and restatement to the Korn/Ferry International Amended and Restated 2008 Stock Incentive Plan (the 2012 amendment and restatement being the “Second A&R 2008 Plan”), which among other things, increased the current maximum number of shares that may be issued under the plan to 5,700,000 shares, subject to certain changes in the Company’s capital structure and other extraordinary events. The Second A&R 2008 Plan provides for the grant of awards to eligible participants, designated as either nonqualified or incentive stock options, restricted stock and restricted stock units, any of which may be performance-based or market-based, and incentive bonuses, which may be paid in cash or a combination thereof. Under the Second A&R 2008 Plan, the ability to issue full-value awards is limited by requiring full-value stock awards to count 1.91 times as much as stock options. Stock Options Stock options transactions under the Company’s Second A&R 2008 Plan were as follows: April 30, 2015 2014 2013 Options Weighted- Options Weighted- Options Weighted- (in thousands, except per share data) Outstanding, beginning of year 396 $ 16.23 1,100 $ 14.72 1,492 $ 14.00 Exercised (179 ) $ 16.99 (655 ) $ 13.88 (238 ) $ 9.32 Forfeited/expired (15 ) $ 17.72 (49 ) $ 13.42 (154 ) $ 16.87 Outstanding, end of year 202 $ 15.45 396 $ 16.23 1,100 $ 14.72 Exercisable, end of year 192 $ 15.07 337 $ 16.11 864 $ 15.01 As of April 30, 2015, the aggregate intrinsic value of both options outstanding and options exercisable was $3.2 million. Outstanding stock options: April 30, 2015 Options Outstanding Options Exercisable Range of Exercise Prices Shares Weighted- (in years) Weighted- Shares Weighted- (in years) Weighted- (in thousands, except per share data) $9.75 — $ 13.82 48 1.3 $ 10.00 48 1.3 $ 10.00 $13.83 — $ 15.83 67 2.2 $ 13.94 67 2.2 $ 13.94 $15.84 — $ 19.88 50 0.3 $ 17.96 50 0.3 $ 17.96 $19.89 — $ 24.08 37 2.3 $ 21.87 27 1.9 $ 21.55 202 1.5 $ 15.45 192 1.4 $ 15.07 Additional information pertaining to stock options: Year Ended April 30, 2015 2014 2013 (in thousands, except per share data) Total fair value of stock options vested $ 334 $ 984 $ 1,001 Total intrinsic value of stock options exercised $ 2,425 $ 6,108 $ 1,547 Restricted Stock The Company grants time-based restricted stock awards to executive officers and other senior employees generally vesting over a three to four year period. In addition, certain key management members typically receive time-based restricted stock awards upon commencement of employment and may receive them annually in conjunction with the Company’s performance review. Time-based restricted stock awards are granted at a price equal to fair value, which is determined based on the closing price of the Company’s common stock on the grant date. The Company recognizes compensation expense for time-based restricted stock awards on a straight-line basis over the vesting period. The Company also grants market-based and performance-based restricted stock units to executive officers and other senior employees. The market-based units vest after three years depending upon the Company’s total stockholder return over the three-year performance period relative to other companies in its selected peer group. The fair value of these market-based restricted stock units are determined by a third-party valuation using extensive market data that is based on historical Company and peer group information. The Company recognizes compensation expense for market-based restricted stock units on a straight-line basis over the vesting period. Performance-based restricted stock units vest after three years depending upon the Company meeting certain objectives that are set at the time the restricted stock unit is issued. Performance-based restricted stock units are granted at a price equal to the fair value, which is determined based on the closing price of the Company’s common stock on the grant date. The Company recognizes compensation expense for performance-based restricted stock units on a straight-line basis over the vesting period. At the end of each reporting period, the Company estimates the number of restricted stock units expected to vest based on the probability that certain performance objectives will be met, exceeded, or fall below target levels, and takes into account these estimates when calculating the expense for the period. Restricted stock activity is summarized below: April 30, 2015 2014 2013 Shares Weighted- Shares Weighted- Shares Weighted- (in thousands, except per share data) Non-vested, beginning of year 1,880 $ 18.95 1,810 $ 16.38 1,781 $ 16.76 Granted 438 $ 29.93 809 $ 21.32 889 $ 13.93 Vested (705 ) $ 18.52 (535 ) $ 14.54 (780 ) $ 14.99 Forfeited/expired (53 ) $ 21.13 (204 ) $ 17.19 (80 ) $ 16.43 Non-vested, end of year 1,560 $ 22.15 1,880 $ 18.95 1,810 $ 16.38 As of April 30, 2015, there were 0.3 million shares and 0.2 million shares outstanding relating to market-based and performance-based restricted stock units, respectively, with total unrecognized compensation totaling $3.7 million and $2.4 million, respectively. As of April 30, 2015, there was $20.6 million of total unrecognized compensation cost related to all non-vested awards of restricted stock, which is expected to be recognized over a weighted-average period of 2.2 years. During fiscal 2015 and fiscal 2014, 121,775 shares and 112,792 shares of restricted stock totaling $4.0 million and $2.2 million, respectively, were repurchased by the Company, at the option of the employee, to pay for taxes related to vesting of restricted stock. Employee Stock Purchase Plan The Company has an ESPP that, in accordance with Section 423 of the Internal Revenue Code, allows eligible employees to authorize payroll deductions of up to 15% of their salary to purchase shares of the Company’s common stock at 85% of the fair market price of the common stock on the last day of the enrollment period. Employees may not purchase more than $25,000 in stock during any calendar year. At the Company’s 2011 Annual Meeting of Stockholders, held on September 28, 2011, the Company’s stockholders approved an amendment and restatement of the ESPP, which among other things, increased the maximum number of shares that may be issued under the ESPP from 1.5 million shares to 3.0 million shares. The ESPP was suspended during the second half of fiscal 2012 and as a result, no shares were purchased during fiscal 2014 and 2013. Effective January 1, 2015, the Company has once again allowed employees to authorize payroll deductions under the ESPP with the purchase of shares expected to take place in the first quarter of fiscal 2016. As of April 30, 2015, the ESPP had approximately 1.6 million shares remaining available for future issuance. Common Stock During fiscal 2015, 2014 and 2013, the Company issued 178,950 shares, 654,458 shares and 237,856 shares of common stock, respectively, as a result of the exercise of stock options, with cash proceeds from the exercise of $3.0 million, $8.8 million and $2.1 million, respectively. No shares were repurchased during fiscal 2015, 2014 and 2013, other than to satisfy minimum tax withholding requirements upon the vesting of restricted stock as described above.

Marketable Securities

Marketable Securities	12 Months Ended
	Apr. 30, 2015
Marketable Securities	5. Marketable Securities As of April 30, 2015, marketable securities consisted of the following: Trading Available-for- Total (in thousands) Mutual funds $ 131,399 $ — $ 131,399 Corporate bonds — 13,177 13,177 Total 131,399 13,177 144,576 Less: current portion of marketable securities (12,580 ) (13,177 ) (25,757 ) Non-current marketable securities $ 118,819 $ — $ 118,819 As of April 30, 2014, marketable securities consisted of the following: Trading Available-for- Sale (2) Total (in thousands) Mutual funds $ 116,207 $ — $ 116,207 Corporate bonds — 18,352 18,352 Total 116,207 18,352 134,559 Less: current portion of marketable securities (4,510 ) (5,056 ) (9,566 ) Non-current marketable securities $ 111,697 $ 13,296 $ 124,993 (1) These investments are held in trust for settlement of the Company’s vested and unvested obligations of $129.1 million and $117.6 million as of April 30, 2015 and 2014, respectively, under the ECAP (see Note 6 — Deferred Compensation and Retirement Plans (2) The Company’s financial assets measured at fair value on a recurring basis include trading securities classified as Level 1 and available-for-sale securities classified as Level 2. As of April 30, 2015 and 2014, the Company had no investments classified as Level 3. The amortized cost and fair values of marketable securities classified as available-for-sale investments were as follows: April 30, 2015 Amortized Gross Gross Estimated (in thousands) Corporate bonds $ 13,167 $ 11 $ (1 ) $ 13,177 April 30, 2014 Amortized Gross Gross Estimated (in thousands) Corporate bonds $ 18,325 $ 31 $ (4 ) $ 18,352 (1) There are no marketable securities that have been in a continuous unrealized loss position for 12 months or more. Investments in marketable securities classified as available-for-sale securities are made based on the Company’s investment policy, which restricts the types of investments that can be made. As of April 30, 2015 and 2014, marketable securities classified as available-for-sale consist of corporate bonds for which market prices for similar assets are readily available. As of April 30, 2015, available-for-sale marketable securities have remaining maturities ranging from one month to eight months. During fiscal 2015 and 2014, the Company received $5.0 million and $33.3 million, respectively, in proceeds from sales/maturities of available-for-sale marketable securities. Investments in marketable securities classified as trading are based upon investment elections the employee makes from a pre-determined set of securities in the ECAP and the Company invests in marketable securities to mirror these elections. As of April 30, 2015 and 2014, the Company’s investments in marketable securities classified as trading consist of mutual funds for which market prices are readily available. As of April 30, 2015 and 2014, the Company’s marketable securities classified as trading were $131.4 million (net of gross unrealized gains of $8.3 million and $0.2 million of gross unrealized losses) and $116.2 million (net of gross unrealized gains of $9.2 million and $0.7 million of gross unrealized losses), respectively.

Deferred Compensation and Retir

Deferred Compensation and Retirement Plans	12 Months Ended
	Apr. 30, 2015
Deferred Compensation and Retirement Plans	6. Deferred Compensation and Retirement Plans The Company has several deferred compensation and retirement plans for eligible consultants and vice presidents that provide defined benefits to participants based on the deferral of current compensation or contributions made by the Company subject to vesting and retirement or termination provisions. The total benefit obligations for these plans were as follows: Year Ended April 30, 2015 2014 (in thousands) Deferred compensation plans $ 83,876 $ 82,153 Pension plan 5,262 4,424 International retirement plans 2,847 3,727 Executive Capital Accumulation Plan 99,461 89,308 Total benefit obligations 191,446 179,612 Less: current portion of benefit obligation (18,014 ) (10,377 ) Non-current benefit obligation $ 173,432 $ 169,235 Deferred Compensation Plans The Enhanced Wealth Accumulation Plan (“EWAP”) was established in fiscal 1994, which replaced the Wealth Accumulation Plan (“WAP”). Certain vice presidents elected to participate in a “deferral unit” that required the participant to contribute a portion of their compensation for an eight year period, or in some cases, make an after tax contribution, in return for defined benefit payments from the Company over a fifteen year period generally at retirement age of 65 or later. Participants were able to acquire additional “deferral units” every five years. Vice presidents who did not choose to roll over their WAP units into the EWAP continue to be covered under the earlier version in which participants generally vest and commence receipt of benefit payments at retirement age of 65. In June 2003, the Company amended the EWAP and WAP plans, so as not to allow new participants or the purchase of additional deferral units by existing participants. The Company also maintains a Senior Executive Incentive Plan (“SEIP”) for participants approved by the Board. Generally, to be eligible, the vice president must be participating in the EWAP. Participation in the SEIP required the participant to contribute a portion of their compensation during a four-year period, or in some cases make an after tax contribution, in return for a defined benefit paid by the Company generally over a fifteen year period after ten years of participation in the plan or such later date as elected by the participant. In June 2003, the Company amended the SEIP plan, so as not to allow new participants or the purchase of additional deferral units by existing participants. Pension Plan The Company has a defined benefit pension plan, referred to as the Worldwide Executive Benefit (“WEB”), covering certain executives in the U.S. and foreign countries. The WEB is designed to integrate with government sponsored and local benefits and provide a monthly benefit to vice presidents upon retirement from the Company. Each year a plan participant accrued and was fully vested in one-twentieth of the targeted benefits expressed as a percentage set by the Company for that year. Upon retirement, a participant receives a monthly benefit payment equal to the sum of the percentages accrued over such participant’s term of employment, up to a maximum of 20 years, multiplied by the participant’s highest average monthly salary during the 36 consecutive months in the final 72 months of active full-time employment through June 2003. In June 2003, the Company froze the WEB, so as to not allow new participants, future accruals and future salary increases. Deferred Compensation Plans The following tables reconcile the benefit obligation for the deferred compensation plans: Year Ended April 30, 2015 2014 2013 (in thousands) Change in benefit obligation: Benefit obligation, beginning of year $ 82,153 $ 85,562 $ 78,479 Interest cost 2,835 2,566 2,868 Actuarial loss (gain) 4,863 (294 ) 9,420 Benefits paid (5,975 ) (5,681 ) (5,205 ) Benefit obligation, end of year 83,876 82,153 85,562 Less: current portion of benefit obligation (5,554 ) (5,593 ) (5,182 ) Non-current benefit obligation $ 78,322 $ 76,560 $ 80,380 The components of net periodic benefits costs are as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Interest cost $ 2,835 $ 2,566 $ 2,868 Amortization of actuarial loss 3,029 3,111 2,357 Net periodic benefit cost $ 5,864 $ 5,677 $ 5,225 The weighted-average assumptions used in calculating the benefit obligations were as follows: Year Ended April 30, 2015 2014 2013 Discount rate, beginning of year 3.60 % 3.12 % 3.79 % Discount rate, end of year 3.28 % 3.60 % 3.12 % Rate of compensation increase 0.00 % 0.00 % 0.00 % Pension Plan The following tables reconcile the benefit obligation for the pension plan: Year Ended April 30, 2015 2014 2013 (in thousands) Change in benefit obligation: Benefit obligation, beginning of year $ 4,424 $ 4,536 $ 4,214 Interest cost 154 137 154 Actuarial loss 1,001 92 426 Benefits paid (317 ) (341 ) (258 ) Benefit obligation, end of year 5,262 4,424 4,536 Less: current portion of benefit obligation (278 ) (274 ) (232 ) Non-current benefit obligation $ 4,984 $ 4,150 $ 4,304 The components of net periodic benefits costs are as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Interest cost $ 154 $ 137 $ 154 Amortization of actuarial loss 21 8 18 Net periodic benefit cost $ 175 $ 145 $ 172 The weighted-average assumptions used in calculating the benefit obligations were as follows: Year Ended April 30, 2015 2014 2013 Discount rate, beginning of year 3.60 % 3.12 % 3.79 % Discount rate, end of year 3.28 % 3.60 % 3.12 % Rate of compensation increase 0.00 % 0.00 % 0.00 % Benefit payments, which reflect expected future service, as appropriate, are expected to be paid over the next ten years as follows: Year Ending April 30, Deferred Pension (in thousands) 2016 $ 6,487 $ 322 2017 6,418 328 2018 6,192 331 2019 6,096 327 2020 6,375 331 2021-2025 30,904 1,487 During fiscal 2016, the Company expects to recognize $2.9 million in net periodic benefit expense from deferred compensation and pension plans that will be transferred from accumulated other comprehensive income through the amortization of actuarial losses in the consolidated statements of income. International Retirement Plans The Company also maintains various retirement plans and other miscellaneous deferred compensation arrangements in eight foreign jurisdictions. The aggregate of the long-term benefit obligation accrued at April 30, 2015 and 2014 is $2.8 million for 393 participants and $3.7 million for 383 participants, respectively. The Company’s contribution to these plans was $0.5 million and $0.6 million in fiscal 2015 and 2014, respectively. Executive Capital Accumulation Plan The Company’s ECAP is intended to provide certain employees an opportunity to defer salary and/or bonus on a pre-tax basis or make an after-tax contribution. In addition, the Company, as part of its compensation philosophy, makes discretionary contributions into the ECAP and such contributions may be granted to key employees annually based on the employee’s performance. Certain key management may also receive Company ECAP contributions upon commencement of employment. The Company amortizes these contributions on a straight-line basis over the service period, generally a four year period. Participants have the ability to allocate their deferrals among a number of investment options and may receive their benefits at termination, retirement or “in service” either in a lump sum or in quarterly installments over five, ten or fifteen years. The ECAP amounts that are expected to be paid to employees over the next 12 months are classified as a current liability included in compensation and benefits payable on the accompanying balance sheet. The Company made contributions to the ECAP during fiscal 2015, 2014 and 2013, of $19.1 million, $17.2 million and $20.0 million, respectively. The ECAP is accounted for whereby the changes in the fair value of the vested amounts owed to the participants are adjusted with a corresponding charge (or credit) to compensation and benefits costs. During fiscal 2015, 2014 and 2013, the deferred compensation liability increased; therefore, the Company recognized compensation expense of $5.9 million, $8.9 million and $6.3 million, respectively. Offsetting these increases in compensation and benefits expense was an increase in the fair value of marketable securities classified as trading (held in trust to satisfy obligations under certain deferred compensation plan liabilities) of $8.8 million, $9.5 million and $7.6 million in fiscal 2015, 2014 and 2013, respectively, recorded in other income, net on the consolidated statements of income. Changes in the ECAP liability were as follows: Year Ended April 30, 2015 2014 (in thousands) Balance, beginning of year $ 89,308 $ 75,913 Employee contributions 3,048 2,748 Amortization of employer contributions 12,378 11,467 Gain on investment 5,871 8,884 Employee distributions (10,295 ) (9,044 ) Exchange rate fluctuations (849 ) (660 ) Balance, end of year 99,461 89,308 Less: current portion (12,182 ) (4,510 ) Non-current portion, end of year $ 87,279 $ 84,798 As of April 30, 2015 and 2014, the unamortized portion of the Company contributions to the ECAP was $29.7 million and $28.3 million, respectively. Defined Contribution Plan The Company has a defined contribution plan (“401(k) plan”) for eligible employees. Participants may contribute up to 50% of their base compensation as defined in the plan agreement. In addition, the Company has the option to make matching contributions. The Company intends to make matching contributions related to fiscal 2015 in fiscal 2016. The Company made a $1.6 million matching contribution in fiscal 2015 related to contributions made by employees in fiscal 2014 and a $1.2 million matching contribution in fiscal 2014 related to contributions made by employees in fiscal 2013. The Company made no contributions in fiscal 2013. Company Owned Life Insurance The Company purchased COLI contracts insuring the lives of certain employees eligible to participate in the deferred compensation and pension plans as a means of funding benefits under such plans. The gross CSV of these contracts of $172.3 million and $167.2 million is offset by outstanding policy loans of $69.6 million and $72.9 million in the accompanying consolidated balance sheets as of April 30, 2015 and 2014, respectively. Total death benefits payable, net of loans under COLI contracts, were $216.5 million and $214.2 million at April 30, 2015 and 2014, respectively. Management intends to use the future death benefits from these insurance contracts to fund the deferred compensation and pension arrangements; however, there may not be a direct correlation between the timing of the future cash receipts and disbursements under these arrangements. The CSV value of the underlying COLI investments increased by $10.5 million, $8.2 million and $6.5 million during fiscal 2015, 2014 and 2013, respectively, recorded as a decrease in compensation and benefits expense. In addition, certain policies are held in trusts to provide additional benefit security for the deferred compensation and pension plans, excluding the WEB. As of April 30, 2015, COLI contracts with a net CSV of $72.2 million and death benefits payable, net of loans, of $123.8 million were held in trust for these purposes.

Restructuring Charges, Net

Restructuring Charges, Net	12 Months Ended
	Apr. 30, 2015
Restructuring Charges, Net	7. Restructuring Charges, Net The Company took actions to rationalize its cost structure as a result of efficiencies obtained from prior year technology investments that enabled further integration of the legacy business and the recent acquisitions (PDI and Global Novations, LLC) as well as other cost saving initiatives. This resulted in restructuring charges, net of $9.5 million against operations in fiscal 2015, of which $9.2 million relates to severance and $0.3 million, relates to consolidation/abandonment of premises. During fiscal 2014, the Company continued the implementation of the fiscal 2013 restructuring plan in order to integrate PDI by consolidating and eliminating certain redundant office space around the world and by continuing to consolidate certain overhead functions. This resulted in restructuring charges of $3.7 million against operations in fiscal 2014, of which $0.8 million relates to severance and $2.9 million relates to consolidation of premises. During fiscal 2013, the Company implemented restructuring plans in order to align its cost structure to anticipated revenue levels and to integrate PDI in order to eliminate redundant positions and consolidate premises. This resulted in restructuring charges of $22.8 million against operations during fiscal 2013 of which $16.3 million relates to severance and $6.5 million relates to consolidation of premises. Changes in the restructuring liability are as follows: Severance Facilities Total (in thousands) Liability as of April 30, 2013 $ 4,819 $ 6,729 $ 11,548 Restructuring charges, net 823 2,859 3,682 Reductions for cash payments (5,884 ) (6,821 ) (12,705 ) Exchange rate fluctuations 242 46 288 Liability as of April 30, 2014 — 2,813 2,813 Restructuring charges, net 9,224 244 9,468 Reductions for cash payments (8,396 ) (2,186 ) (10,582 ) Exchange rate fluctuations (453 ) (100 ) (553 ) Liability as of April 30, 2015 $ 375 $ 771 $ 1,146 As of April 30, 2015 and 2014, the restructuring liability is included in the current portion of other accrued liabilities on the consolidated balance sheets, except for $0.3 million and $0.7 million, respectively, of facilities costs which primarily relate to commitments under operating leases, net of sublease income, which are included in other long-term liabilities and will be paid over the next three years. The restructuring liability by segment is summarized below: April 30, 2015 Severance Facilities Total (in thousands) Executive Recruitment North America $ 51 $ — $ 51 Europe, Middle East and Africa (“EMEA”) 210 212 422 Total Executive Recruitment 261 212 473 LTC 58 320 378 Futurestep 52 239 291 Corporate 4 — 4 Liability as of April 30, 2015 $ 375 $ 771 $ 1,146 April 30, 2014 Severance Facilities Total (in thousands) Executive Recruitment North America $ — $ 193 $ 193 EMEA — 379 379 Total Executive Recruitment — 572 572 LTC — 1,587 1,587 Futurestep — 654 654 Liability as of April 30, 2014 $ — $ 2,813 $ 2,813

Income Taxes

Income Taxes	12 Months Ended
	Apr. 30, 2015
Income Taxes	8. Income Taxes The provision for income taxes is based on reported income before income taxes. Deferred income tax assets and liabilities reflect the impact of temporary differences between the amounts of assets and liabilities recognized for financial reporting purposes and the amounts recognized for tax purposes, as measured by applying the currently enacted tax laws. The provision (benefit) for domestic and foreign income taxes was as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Current income taxes: Federal $ 16,569 $ 6,982 $ 4,100 State 2,412 1,939 1,237 Foreign 13,650 15,502 8,759 Current provision for income taxes 32,631 24,423 14,096 Deferred income taxes: Federal 3,140 5,094 (423 ) State (239 ) 177 1,895 Foreign (2,006 ) (1,202 ) 1,069 Deferred provision for income taxes 895 4,069 2,541 Total provision for income taxes $ 33,526 $ 28,492 $ 16,637 The domestic and foreign components of income from continuing operations before domestic and foreign income and other taxes and equity in earnings of unconsolidated subsidiaries were as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Domestic $ 65,885 $ 42,411 $ 15,915 Foreign 53,817 56,603 31,905 Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries $ 119,702 $ 99,014 $ 47,820 The reconciliation of the statutory federal income tax rate to the effective consolidated tax rate is as follows: Year Ended April 30, 2015 2014 2013 U.S. federal statutory income tax rate 35.0 % 35.0 % 35.0 % Foreign source income, net of credits generated 0.4 2.0 0.6 Foreign tax rates differential (4.2 ) (4.7 ) (3.7 ) COLI increase, net (3.1 ) (2.9 ) (4.8 ) Conclusion of U.S. federal tax audit — (2.7 ) — State income taxes, net of federal benefit 0.9 1.5 5.7 Change in uncertain tax positions (0.1 ) 1.1 1.9 Other (0.9 ) (0.5 ) 0.1 Effective income tax rate 28.0 % 28.8 % 34.8 % In fiscal 2014, we recorded a tax benefit in connection with the conclusion of an IRS examination of the Company’s U.S. federal income tax returns for tax years ended April 30, 2010 and 2011. Subsequently, we filed amended state income tax returns to report the federal adjustments and, where permissible, combined certain of our subsidiaries that had previously filed separate tax returns into unitary filings that resulted in a state tax benefit in fiscal 2015. Components of deferred tax assets and liabilities are as follows: April 30, 2015 2014 (in thousands) Deferred tax assets: Deferred compensation $ 71,182 $ 66,359 Loss and credit carryforwards 26,211 35,177 Reserves and accruals 9,344 8,706 Deferred rent 6,432 5,575 Deferred revenue 277 1,672 Allowance for doubtful accounts 1,831 1,536 Other 6,629 6,531 Gross deferred tax assets 121,906 125,556 Deferred tax liabilities: Intangibles (20,828 ) (21,507 ) Property and equipment (6,289 ) (6,277 ) Prepaid expenses (7,687 ) (5,600 ) Other (5,653 ) (5,678 ) Gross deferred tax liabilities (40,457 ) (39,062 ) Valuation allowances (21,608 ) (26,969 ) Net deferred tax asset $ 59,841 $ 59,525 The decrease in the valuation allowance primarily reflects an offsetting decrease in foreign deferred tax assets, predominantly net operating losses, due to exchange rates. The deferred tax amounts have been classified in the consolidated balance sheets as follows: April 30, 2015 2014 (in thousands) Current: Deferred tax assets $ 14,600 $ 15,591 Deferred tax liabilities (10,488 ) (10,813 ) Valuation allowance (285 ) (292 ) Current deferred tax asset 3,827 4,486 Non-current: Deferred tax asset 107,306 109,965 Deferred tax liabilities (29,969 ) (28,249 ) Valuation allowance (21,323 ) (26,677 ) Non-current deferred tax asset, net 56,014 55,039 Net deferred tax assets $ 59,841 $ 59,525 Deferred tax assets are reduced by a valuation allowance if it is more likely than not that some portion or all of the deferred tax asset will not be realized. Management believes uncertainty exists regarding the realizability of certain operating losses and has, therefore, established a valuation allowance for this portion of the deferred tax asset. Realization of the deferred income tax asset is dependent on the Company generating sufficient taxable income of the appropriate nature in future years. Although realization is not assured, management believes that it is more likely than not that the net deferred income tax assets will be realized. As of April 30, 2015 and 2014, the Company had U.S. federal net operating loss carryforwards of $5.0 million and $12.2 million, respectively, from the acquisition of PDI, which will begin to expire in 2028. The utilization of these losses is subject to an annual limitation as defined under Section 382 of the Internal Revenue Code. The Company has state net operating loss carryforwards of $21.8 million, which, if unutilized, will begin to expire in fiscal year 2016. The Company also has foreign net operating loss carryforwards of $85.6 million, which, if unutilized, will begin to expire in fiscal year 2016. The Company has a plan to distribute a portion of the cash held in foreign locations to the U.S. These planned distributions will not give rise to any additional taxes. Other than these amounts, the Company has not provided for U.S. taxes or foreign withholding taxes on approximately $241.8 million of undistributed earnings of its foreign subsidiaries as such earnings are intended to be reinvested indefinitely. If a distribution of these earnings were to be made, the Company might be subject to both foreign withholding taxes and U.S. income taxes, net of any allowable foreign tax credits or deductions. An estimate of these taxes, however, is not practicable. The Company or one of its subsidiaries files federal and state income tax returns in the U.S. as well as in foreign jurisdictions. These income tax returns are subject to audit by the Internal Revenue Service (the “IRS”) and various state and foreign tax authorities. In June 2014, the IRS commenced an examination of the Company’s fiscal year 2013 U.S. federal income tax return. The Company’s income tax returns are not otherwise under examination in any material jurisdiction. The statute of limitations varies by jurisdiction in which the Company operates. With few exceptions, however, the Company’s tax returns for years prior to fiscal year 2010 are no longer open to examination by tax authorities (including U.S. federal, state and foreign). Unrecognized tax benefits are the differences between the amount of benefits of tax positions taken, or expected to be taken, on a tax return and the amount of benefits recognized for financial reporting purposes. As of April 30, 2015, the Company had a liability of $2.4 million for unrecognized tax benefits. A reconciliation of the beginning and ending balances of the unrecognized tax benefits is as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Unrecognized tax benefits, beginning of year $ 2,701 $ 3,400 $ — Settlement with tax authority (497 ) (1,946 ) — Additions based on tax positions related to the current year 219 279 1,454 Additions based on tax positions related to prior years — 968 1,946 Unrecognized tax benefits, end of year $ 2,423 $ 2,701 $ 3,400 The liability for unrecognized tax benefits is included in income taxes payable in the consolidated balance sheets. The full amount of unrecognized tax benefits would impact the effective tax rate if recognized. In the next twelve months, it is reasonably possible that the Company’s unrecognized tax benefits could change due to resolution of certain tax matters, which could include payments on those tax matters. These resolutions and payments could reduce the Company’s liability for unrecognized tax benefits balance by approximately $1.4 million. The Company classifies interest and penalties related to unrecognized tax benefits as a component of the provision for income taxes. The Company had approximately $0.7 million in accrued interest and penalties related to unrecognized tax benefits as of April 30, 2015 and 2014. The Company accrued approximately $0.1 million of interest related to unrecognized tax benefits in fiscal 2015 and fiscal 2014 and none in fiscal 2013.

Property and Equipment

Property and Equipment	12 Months Ended
	Apr. 30, 2015
Property and Equipment	9. Property and Equipment Property and equipment include the following: April 30, 2015 2014 (in thousands) Computer equipment and software (1) $ 125,815 $ 113,941 Leasehold improvements 44,832 43,994 Furniture and fixtures 32,800 32,727 Automobiles 1,496 1,707 204,943 192,369 Less: accumulated depreciation and amortization (142,855 ) (131,935 ) Property and equipment, net $ 62,088 $ 60,434 (1) Depreciation expense for capitalized software was $9.0 million, $6.0 million and $4.0 million during fiscal 2015, 2014 and 2013, respectively. The net book value of the Company’s computer software costs included in property and equipment, net was $28.7 million and $26.4 million as of April 30, 2015 and 2014, respectively. Depreciation expense for property and equipment was $19.4 million, $17.5 million and $14.0 million during fiscal 2015, 2014 and 2013, respectively.

Long-Term Debt

Long-Term Debt	12 Months Ended
	Apr. 30, 2015
Long-Term Debt	10. Long-Term Debt The Company’s senior unsecured revolving Credit Agreement with Wells Fargo Bank, National Association, as lender (the “Lender”) dated January 18, 2013, as amended by Amendment No. 1, dated December 12, 2014 (the “Credit Agreement”), provides for an aggregate availability up to $75.0 million with an option to increase the facility by an additional $50.0 million, subject to the Lender’s consent, and a $15.0 million sub-limit for letters of credit. The Credit Agreement matures on January 18, 2018. Borrowings under the Credit Agreement bear interest, at the election of the Company, at the adjusted London Interbank Offered Rate (“LIBOR”) plus the applicable margin or at the base rate plus the applicable margin. The base rate is the highest of (i) the published prime rate, (ii) the federal funds rate plus 1.50%, and (iii) one month LIBOR plus 1.50%. The applicable margin is based on a percentage per annum determined in accordance with a specified pricing grid based on the Company’s total funded debt to adjusted EBITDA ratio. For LIBOR loans, the applicable margin will range from 0.50% to 1.50% per annum, while for base rate loans the applicable margin will range from 0.00% to 0.25% per annum. The Company is required to pay a quarterly commitment fee of 0.25% to 0.35% on the facility’s average daily unused commitments based on the Company’s total funded debt to adjusted EBITDA ratio. The financial covenants include a maximum total funded debt to adjusted EBITDA ratio and a minimum adjusted EBITDA, each as defined in the Credit Agreement. As of April 30, 2015, the Company is in compliance with its financial covenants. In addition, there is a domestic liquidity requirement that the Company maintain $50.0 million in unrestricted cash and/or marketable securities (excluding any marketable securities that are held in trust for the settlement of the Company’s obligation under certain deferred compensation plans) as a condition to consummating permitted acquisitions, paying dividends to our stockholders and share repurchases of our common stock. The Company is limited in consummating permitted acquisitions, paying dividends to our stockholders and making share repurchases of our common stock to a cumulative total of $125.0 million in any fiscal year. Subject to the foregoing, we are permitted to pay up to $50.0 million in dividends in any fiscal year (subject to the satisfaction of certain conditions). The Credit Agreement also contains other usual and customary affirmative and negative covenants, which included limitations on additional indebtedness, guaranties, pledge of assets, investments, and asset sales and mergers. The credit facility was jointly and severally guaranteed by the Company’s existing and future subsidiaries (other than immaterial subsidiaries, non-tax preferred subsidiaries, and certain foreign subsidiaries) (the “guarantors”), and could be prepaid and early terminated by the Company at any time without premium or penalty (subject to customary LIBOR breakage fees). As of April 30, 2015 and 2014, the Company had no borrowings under its long-term debt arrangements. At April 30, 2015 and 2014, there was $2.8 million of standby letters of credit issued under its long-term debt arrangements. The Company has a total of $1.6 million and $1.5 million of standby letters of credits with other financial institutions as of April 30, 2015 and 2014, respectively. The Company has outstanding borrowings against the CSV of COLI contracts of $69.6 million and $72.9 million at April 30, 2015 and 2014, respectively. CSV reflected in the accompanying consolidated balance sheet is net of the outstanding borrowings, which are secured by the CSV of the life insurance policies. Principal payments are not scheduled and interest is payable at least annually at various fixed and variable rates ranging from 4.76% to 8.00%.

Business Segments

Business Segments	12 Months Ended
	Apr. 30, 2015
Business Segments	11. Business Segments The Company currently operates in three global businesses: Executive Recruitment, LTC and Futurestep. The Executive Recruitment segment focuses on recruiting Board of Director and C-level positions, in addition to research-based interviewing and onboarding solutions, for clients predominantly in the consumer, financial services, industrial, life sciences/healthcare and technology industries. LTC assists clients with ongoing assessment and development of their senior executives and management teams, and addresses three fundamental needs: Talent Strategy, Succession Management, and Leadership Development, all underpinned by a comprehensive array of world-leading IP, products and tools. Futurestep is a global industry leader in high-impact talent acquisition solutions. Its portfolio of services includes global and regional RPO, project recruitment, individual professional search and consulting. The Executive Recruitment business segment is managed by geographic regional leaders and LTC and Futurestep worldwide operations are managed by its President and Chief Executive Officer, respectively. The Executive Recruitment geographic regional leaders, the president of LTC and Chief Executive Officer of Futurestep report directly to the Chief Executive Officer of the Company. The Company also operates a Corporate segment to record global expenses of the Company. The Company evaluates performance and allocates resources based on the Company’s chief operating decision maker’s (“CODM”) review of (1) fee revenue and (2) adjusted earnings before interest, taxes, depreciation and amortization (“Adjusted EBITDA”). To the extent that such charges occur, Adjusted EBITDA excludes restructuring charges, integration and acquisition costs, certain separation costs and certain non-cash charges (goodwill, intangible asset and other than temporary impairment). The accounting policies for the reportable segments are the same as those described in the summary of significant accounting policies, except the items described above are excluded from EBITDA to arrive at Adjusted EBITDA. Financial highlights by business segment are as follows: Year Ended April 30, 2015 Executive Recruitment North EMEA Asia South Subtotal LTC Futurestep Corporate Consolidated (in thousands) Fee revenue $ 330,634 $ 153,465 $ 84,148 $ 29,160 $ 597,407 $ 267,018 $ 163,727 $ — $ 1,028,152 Total revenue $ 344,913 $ 158,052 $ 87,142 $ 29,218 $ 619,325 $ 275,220 $ 171,521 $ — $ 1,066,066 Net income $ 88,357 Other income, net (7,458 ) Interest expense, net 1,784 Equity in earnings of unconsolidated subsidiaries, net (2,181 ) Income tax provision 33,526 Operating income (loss) $ 80,818 $ 18,867 $ 14,631 $ 4,704 $ 119,020 $ 28,175 $ 19,940 $ (53,107 ) $ 114,028 Depreciation and amortization 3,515 1,764 1,045 350 6,674 13,427 1,882 5,614 27,597 Other income (loss), net 288 83 369 109 849 (22 ) 54 6,577 7,458 Equity in earnings of unconsolidated subsidiaries, net 426 — — — 426 — — 1,755 2,181 EBITDA 85,047 20,714 16,045 5,163 126,969 41,580 21,876 (39,161 ) 151,264 Restructuring charges, net 1,151 3,987 17 229 5,384 2,758 1,154 172 9,468 Acquisition costs — — — — — — — 959 959 Adjusted EBITDA $ 86,198 $ 24,701 $ 16,062 $ 5,392 $ 132,353 $ 44,338 $ 23,030 $ (38,030 ) $ 161,691 Identifiable assets (1) $ 327,446 $ 156,072 $ 94,099 $ 25,328 $ 602,945 $ 265,546 $ 103,782 $ 345,528 $ 1,317,801 Long-lived assets (1) $ 17,271 $ 3,885 $ 4,235 $ 966 $ 26,357 $ 12,377 $ 4,204 $ 19,150 $ 62,088 Goodwill (1) $ 49,603 $ 45,922 $ 972 $ — $ 96,497 $ 129,549 $ 28,394 $ — $ 254,440 Year Ended April 30, 2014 Executive Recruitment North EMEA Asia South Subtotal LTC Futurestep Corporate Consolidated (in thousands) Fee revenue $ 306,768 $ 147,917 $ 84,816 $ 29,374 $ 568,875 $ 254,636 $ 136,790 $ — $ 960,301 Total revenue $ 321,473 $ 152,525 $ 87,606 $ 29,586 $ 591,190 $ 262,962 $ 141,407 $ — $ 995,559 Net income $ 72,691 Other income, net (9,769 ) Interest expense, net 2,363 Equity in earnings of unconsolidated subsidiaries, net (2,169 ) Income tax provision 28,492 Operating income (loss) $ 70,256 $ 23,168 $ 17,274 $ 5,654 $ 116,352 $ 23,847 $ 13,352 $ (61,943 ) $ 91,608 Depreciation and amortization 3,579 2,727 1,383 323 8,012 12,491 1,797 3,872 26,172 Other income, net 631 632 203 303 1,769 106 583 7,311 9,769 Equity in earnings of unconsolidated subsidiaries, net 383 — — — 383 — — 1,786 2,169 EBITDA 74,849 26,527 18,860 6,280 126,516 36,444 15,732 (48,974 ) 129,718 Restructuring charges, net 816 460 60 — 1,336 1,149 1,134 63 3,682 Separation costs — — — — — — — 4,500 4,500 Integration costs — — — — — — — 394 394 Adjusted EBITDA $ 75,665 $ 26,987 $ 18,920 $ 6,280 $ 127,852 $ 37,593 $ 16,866 $ (44,017 ) $ 138,294 Identifiable assets (1) $ 295,865 $ 157,610 $ 83,292 $ 25,587 $ 562,354 $ 255,590 $ 111,036 $ 304,686 $ 1,233,666 Long-lived assets (1) $ 18,647 $ 5,515 $ 2,978 $ 1,168 $ 28,308 $ 11,976 $ 2,550 $ 17,600 $ 60,434 Goodwill (1) $ 52,086 $ 51,557 $ 972 $ — $ 104,615 $ 119,350 $ 33,617 $ — $ 257,582 Year Ended April 30, 2013 Executive Recruitment North EMEA Asia South Subtotal LTC Futurestep Corporate Consolidated (in thousands) Fee revenue $ 290,317 $ 128,807 $ 73,221 $ 30,134 $ 522,479 $ 168,115 $ 122,237 $ — $ 812,831 Total revenue $ 305,993 $ 132,988 $ 75,359 $ 30,491 $ 544,831 $ 176,566 $ 128,304 $ — $ 849,701 Net income $ 33,293 Other income, net (6,309 ) Interest expense, net 2,365 Equity in earnings of unconsolidated subsidiaries, net (2,110 ) Income tax provision 16,637 Operating income (loss) $ 58,832 $ 9,173 $ 6,973 $ 5,987 $ 80,965 $ 6,424 $ 10,975 $ (54,488 ) $ 43,876 Depreciation and amortization 4,726 2,347 1,546 372 8,991 6,012 1,180 2,821 19,004 Other income (loss), net 466 95 200 32 793 (75 ) 51 5,540 6,309 Equity in earnings of unconsolidated subsidiaries, net 434 — — — 434 — — 1,676 2,110 EBITDA 64,458 11,615 8,719 6,391 91,183 12,361 12,206 (44,451 ) 71,299 Restructuring charges, net 3,583 3,982 629 — 8,194 10,198 3,527 938 22,857 Integration/acquisition costs — — — — — — — 3,106 3,106 Separation costs — 516 — — 516 — — — 516 Adjusted EBITDA $ 68,041 $ 16,113 $ 9,348 $ 6,391 $ 99,893 $ 22,559 $ 15,733 $ (40,407 ) $ 97,778 Identifiable assets (1) $ 209,079 $ 148,491 $ 72,303 $ 23,616 $ 453,489 $ 248,611 $ 93,331 $ 319,798 $ 1,115,229 Long-lived assets (1) $ 19,167 $ 6,312 $ 2,784 $ 894 $ 29,157 $ 10,383 $ 2,523 $ 11,565 $ 53,628 Goodwill (1) $ 54,513 $ 50,264 $ 972 $ — $ 105,749 $ 119,090 $ 32,454 $ — $ 257,293 (1) As of the end of the fiscal year. Fee revenue attributed to an individual customer or country, other than the U.S., did not account for more than 10% of the total in fiscal year 2015, 2014 or 2013. Fee revenue classified by country in which the Company derives revenues are as follows: Year Ended April 30, 2015 2014 2013 (in thousands) U.S. $ 557,024 $ 507,280 $ 416,987 Other countries 471,128 453,021 395,844 Total fee revenue $ 1,028,152 $ 960,301 $ 812,831 Long-lived assets, excluding financial instruments and tax assets, classified by controlling countries over 10% of the total are as follows: Year Ended April 30, 2015 2014 2013 (in thousands) U.S. (1) $ 50,103 $ 47,411 $ 40,200 Other countries 11,985 13,023 13,428 Total long-lived assets $ 62,088 $ 60,434 $ 53,628 (1) Includes Corporate long-lived assets

Acquisitions

Acquisitions	12 Months Ended
	Apr. 30, 2015
Acquisitions	12. Acquisitions Following is a summary of acquisitions the Company completed during the periods indicated (no acquisitions were completed in fiscal 2014): Year Ended April 30, 2015 (1) 2013 (2) (3) (in thousands) Assets acquired $ 3,361 $ 32,784 Intangibles acquired 6,600 42,800 Liabilities acquired 2,691 31,506 Net assets acquired 7,270 44,078 Purchase price 17,496 126,917 Goodwill $ 10,226 $ 82,839 Acquisition costs $ 501 $ 2,710 Goodwill by segment — LTC $ 10,226 $ 82,839 (1) On March 1, 2015, the Company acquired all outstanding membership interest of Pivot Leadership, a global provider of innovative, customized and scalable executive development programs, for $17.5 million, net of cash acquired, which includes $2.2 million in contingent consideration. As of April 30, 2015, the contingent consideration is included in other liabilities in the accompanying consolidated balance sheets. The contingent consideration is based on the achievement of certain revenue targets and can be up to $6.5 million, payable in four installments in fiscal 2017 to 2020. The acquisition will allow us to integrate the Company’s talent management solution with Pivot’s executive learning capabilities. Actual results of operations of Pivot Leadership are included in the Company’s consolidated financial statements from March 1, 2015, the effective date of the acquisition, and include $3.7 million and $20.0 million in fee revenue and total assets, respectively, during fiscal 2015. (2) On December 31, 2012, the Company acquired all outstanding shares of Minneapolis-based PDI, a leading, globally-recognized provider of leadership assessment and development solutions, for $92.5 million, net of cash acquired, which includes $14.9 million in contingent consideration, for the achievement of certain post-closing synergies. During fiscal 2014, the Company paid $15.0 million (includes the interest accreted since December 31, 2012) in contingent consideration to the selling stockholders of PDI as a result of the achievement of certain pre-determined goals associated with expense synergies. PDI has been in business for over 45 years and operates in more than 20 global locations. The acquisition strengthens and expands the Company’s talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of PDI are included in the Company’s consolidated financial statements from December 31, 2012, the effective date of the acquisition. (3) On September 1, 2012, the Company acquired all outstanding membership interests of Global Novations, LLC, (“Global Novations”) a leading provider of diversity and inclusion and leadership development solutions, for $34.5 million in cash, net of cash acquired. Global Novations has more than 150 offerings designed to develop leaders, enable high-performing cultures and deliver business outcomes for its clients. Key diversity and inclusion and leadership offerings include consulting, training and education and e-learning. Global Novations has more than 30 years of experience and has served clients in more than 40 countries, including more than half of the Fortune 100. The acquisition strengthens and expands the Company’s talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of Global Novations are included in the Company’s consolidated financial statements from September 1, 2012, the effective date of the acquisition. The aggregate purchase price for Pivot Leadership was allocated on a preliminary basis to the assets acquired and liabilities assumed on their estimated fair values at the date of acquisition. As of April 30, 2015, the allocations pertaining to the Pivot acquisition remain preliminary as it relates to, among other things, items such as income taxes. During fiscal 2014, adjustments to the preliminary purchase price allocation relating to the PDI acquisition, resulted in an increase in the purchase price and goodwill of $0.2 million. Tax deductible goodwill from fiscal 2015 and 2013 acquisitions amounted to $8.0 million and $20.5 million, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Apr. 30, 2015
Goodwill and Intangible Assets	13. Goodwill and Intangible Assets Changes in the carrying value of goodwill by reportable segment were as follows: Executive Recruitment North EMEA Asia Subtotal LTC Futurestep Consolidated (in thousands) Balance as of April 30, 2013 $ 54,513 $ 50,264 $ 972 $ 105,749 $ 119,090 $ 32,454 $ 257,293 Additions (1) — — — — 229 — 229 Exchange rate fluctuations (2,427 ) 1,293 — (1,134 ) 31 1,163 60 Balance as of April 30, 2014 52,086 51,557 972 104,615 119,350 33,617 257,582 Additions — — — — 10,226 — 10,226 Exchange rate fluctuations (2,483 ) (5,635 ) — (8,118 ) (27 ) (5,223 ) (13,368 ) Balance as of April 30, 2015 $ 49,603 $ 45,922 $ 972 $ 96,497 $ 129,549 $ 28,394 $ 254,440 (1) During fiscal 2014, adjustments to the preliminary purchase accounting allocation relating to the PDI acquisition, resulted in an increase in goodwill (see Note 12 — Acquisitions Intangible assets include the following: April 30, 2015 April 30, 2014 (in thousands) Amortized intangible assets: Gross Accumulated Net Gross Accumulated Net Customer lists $ 41,099 $ (12,578 ) $ 28,521 $ 34,899 $ (8,674 ) $ 26,225 Intellectual property 22,900 (10,130 ) 12,770 22,900 (7,009 ) 15,891 Proprietary databases 4,256 (2,351 ) 1,905 4,256 (1,925 ) 2,331 Trademarks 3,986 (3,291 ) 695 3,686 (2,559 ) 1,127 Non-compete agreements 910 (673 ) 237 810 (610 ) 200 Total $ 73,151 $ (29,023 ) 44,128 $ 66,551 $ (20,777 ) 45,774 Unamortized intangible assets: Trademarks 3,800 3,800 Exchange rate fluctuations (27 ) (14 ) Intangible assets $ 47,901 $ 49,560 Acquisition-related intangible assets acquired in fiscal 2015 include customer lists, trademarks, and non-compete agreements of $6.2 million, $0.3 million, and $0.1 million, respectively. Customer lists, trademarks and non-compete agreements have a weighted-average useful lives from the date of purchase of ten years, one year, and five years, respectively. Amortization expense for amortized intangible assets was $8.2 million, $8.7 million and $5.0 million during fiscal 2015, 2014 and 2013, respectively. Estimated annual amortization expense related to amortizing intangible assets is as follows: Year Ending April 30, Estimated (in thousands) 2016 $ 7,907 2017 6,332 2018 5,648 2019 4,394 2020 4,110 Thereafter 15,737 $ 44,128 All amortizable intangible assets will be fully amortized by the end of fiscal 2031.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Apr. 30, 2015
Commitments and Contingencies	14. Commitments and Contingencies Lease Commitments The Company leases office premises and certain office equipment under leases expiring at various dates through 2026. Total rental expense during fiscal 2015, 2014 and 2013 amounted to $38.0 million, $39.6 million and $38.4 million, respectively. Future minimum commitments under non-cancelable operating leases with lease terms in excess of one year excluding commitments accrued in the restructuring liability are as follows: Year Ending April 30, Lease (in thousands) 2016 $ 41,624 2017 39,542 2018 35,958 2019 32,126 2020 30,715 Thereafter 137,451 $ 317,416 Employment Agreements The Company has a policy of entering into offer letters of employment or letters of promotion with vice presidents which provide for an annual base salary and discretionary and incentive bonus payments. Certain key vice presidents who typically have been employed by the Company for several years may also have a standard form employment agreement. Upon termination without cause, the Company is required to pay the amount of severance due under the employment agreement, if any. The Company also requires its vice presidents to agree in their employment letters and their employment agreement, if applicable, not to compete with the Company both during the term of their employment, and for a period of up to two years after their employment ends. For a period of two years after their employment with the Company, former vice presidents are prohibited from soliciting employees of the Company for employment outside of the Company. Litigation From time to time, the Company has been and is involved in litigation incidental to its business. The Company is currently not a party to any litigation which, if resolved adversely against the Company, would, in the opinion of management, after consultation with legal counsel, have a material adverse effect on the Company’s business, financial position or results of operations. During fiscal 2014, in connection with an employment dispute, the Company recorded expenses in the amount of $4.5 million in compensation and benefits expense. The Company settled the liability and as of April 30, 2015 and 2014, carries no liability regarding this matter.

Quarterly Results

Quarterly Results	12 Months Ended
	Apr. 30, 2015
Quarterly Results	15. Quarterly Results (Unaudited) The following table sets forth certain unaudited consolidated statement of income data for the quarters in fiscal 2015 and 2014. The unaudited quarterly information has been prepared on the same basis as the annual financial statements and, in management’s opinion, includes all adjustments necessary to present fairly the information for the quarters presented. Quarters Ended Fiscal 2015 Fiscal 2014 April 30 January 31 October 31 July 31 April 30 January 31 October 31 July 31 (in thousands, except per share data) Fee revenue $ 271,717 $ 249,545 $ 255,702 $ 251,188 $ 251,712 $ 242,184 $ 237,968 $ 228,437 Operating income $ 28,092 $ 32,927 $ 34,416 $ 18,593 $ 24,480 $ 27,302 $ 23,165 $ 16,661 Net income $ 25,482 $ 22,939 $ 25,403 $ 14,533 $ 21,211 $ 21,304 $ 18,759 $ 11,417 Net earnings per common share: Basic $ 0.51 $ 0.46 $ 0.52 $ 0.30 $ 0.44 $ 0.44 $ 0.39 $ 0.24 Diluted $ 0.51 $ 0.46 $ 0.51 $ 0.29 $ 0.43 $ 0.43 $ 0.38 $ 0.24

Subsequent Events

Subsequent Events	12 Months Ended
	Apr. 30, 2015
Subsequent Events	16. Subsequent Events Quarterly Dividend Declaration On June 10, 2015, the Board of Directors of the Company declared a cash dividend under its recently adopted dividend policy. The dividend of $0.10 per share will be paid on July 15, 2015 to holders of the Company’s common stock of record at the close of business on June 25, 2015. The declaration and payment of future dividends under the quarterly dividend policy will be at the discretion of the Board of Directors and will depend upon many factors, including the Company’s earnings, capital requirements, financial conditions, the terms of the Company’s indebtedness and other factors that the Board of Directors may deem to be relevant. The Board may amend, revoke or suspend the dividend policy at any time and for any reason. Amendment to Credit Agreement On June 3, 2015, we entered into Amendment No. 2 to the Credit Agreement which became effective as of June 5, 2015 (the “Amendment No. 2”), in order to amend certain terms of the Credit Agreement (as amended pursuant to Amendment No. 2, the “Amended Credit Agreement”). Amendment No. 2, among other things, (i) increased the aggregate amount available under revolving credit facility to $150.0 million, which includes a $15.0 million sub-limit for letters of credit, with an option to increase the credit facility by an additional $50.0 million prior to December 3, 2019, subject to the Lender’s consent and the satisfaction of certain conditions (including the requirement, if the Lender acting in its sole discretion so elects, that the credit facility under the Amended Credit Agreement become secured at such time by substantially all the assets of the Company and the guarantors); (ii) extended the maturity date to June 3, 2020, (iii) amended the financial covenants so as to require the Company to maintain a minimum adjusted EBITDA and a maximum total funded debt to adjusted EBITDA ratio; (iv) amended the pricing applicable to borrowings under the Amended Credit Agreement, as described below; (v) amended certain covenants relating to permitted acquisitions, dividends and share repurchases, including increasing the amount of dividends permitted to be paid in any fiscal year to up to $75.0 million; (vi) amended the definition of “domestic liquidity” to include amounts available to be borrowed under the increased credit facility; and (vii) effected certain technical and conforming changes. As of June 5, 2015, borrowings under the Amended Credit Agreement will bear interest, at our election, at the adjusted LIBOR plus the applicable margin or at the base rate plus the applicable margin. The applicable margin is based on a percentage per annum determined in accordance with a specified pricing grid based on the Company’s total funded debt to adjusted EBITDA ratio. For LIBOR loans, the applicable margin will range from 0.875% to 1.75% per annum, while for base rate loans, the applicable margin will range from 0.00% to 0.75% per annum. As of June 5, 2015, we are required to pay a quarterly commitment fee of 0.25% to 0.40% on the revolving credit facility’s average daily unused commitments based on the Company’s total funded debt to adjusted EBITDA ratio. The definition of domestic liquidity requirement under the Amended Credit Agreement requires that we maintain at least $50.0 million in unrestricted cash and/or marketable securities (excluding any marketable securities that are held in trust for the settlement of our obligations under certain deferred compensation plans) as a condition to consummating permitted acquisitions, paying dividends to our stockholders and making share repurchases of our common stock. Undrawn amounts on our line of credit may be used to calculate domestic liquidity. The Company is limited in consummating permitted acquisitions, paying dividends to our stockholders and making share repurchases of our common stock to a cumulative total of $125.0 million in any fiscal year. Subject to the foregoing, the Company is permitted to pay up to $75.0 million in dividends and share repurchases, in aggregate, in any fiscal year (subject to the satisfaction of certain conditions).

VALUATION AND QUALIFYING ACCOUN

VALUATION AND QUALIFYING ACCOUNTS	12 Months Ended
	Apr. 30, 2015
VALUATION AND QUALIFYING ACCOUNTS	KORN/FERRY INTERNATIONAL AND SUBSIDIARIES SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS April 30, 2015 Column A Column B Column C Column D Column E Additions Description Balance at Charges to (Charges) Deductions Balance at (in thousands) Allowance for doubtful accounts: Year Ended April 30, 2015 $ 9,513 $ 7,741 $ (693 ) $ (6,603 ) $ 9,958 Year Ended April 30, 2014 $ 9,097 $ 7,840 $ 291 $ (7,715 ) $ 9,513 Year Ended April 30, 2013 $ 9,437 $ 6,748 $ (118 ) $ (6,970 ) $ 9,097 Deferred tax asset valuation allowance: Year Ended April 30, 2015 $ 26,969 $ 2,537 $ — $ (7,898 ) $ 21,608 Year Ended April 30, 2014 $ 27,731 $ 3,728 $ — $ (4,490 ) $ 26,969 Year Ended April 30, 2013 $ 25,089 $ 5,678 $ — $ (3,036 ) $ 27,731 (1) Exchange rate fluctuations. (2) Allowance for doubtful accounts represents accounts written-off, net of recoveries and deferred tax asset valuation represents release of prior valuation allowances.

Organization and Summary of S25

Organization and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Apr. 30, 2015
Basis of Consolidation and Presentation	Basis of Consolidation and Presentation The consolidated financial statements include the accounts of the Company and its wholly and majority owned/controlled domestic and international subsidiaries. All intercompany balances and transactions have been eliminated in consolidation. The preparation of the consolidated financial statements conform with United States (“U.S.”) generally accepted accounting principles (“GAAP”) and prevailing practice within the industry. The consolidated financial statements include all adjustments, consisting of normal recurring accruals and any other adjustments that management considers necessary for a fair presentation of the results for these periods. Investments in affiliated companies, which are 50% or less owned and where the Company exercises significant influence over operations, are accounted for using the equity method. Dividends received from our unconsolidated subsidiaries were approximately $1.7 million, $2.1 million and $1.9 million during fiscal 2015, 2014 and 2013, respectively. The Company considers events or transactions that occur after the balance sheet date but before the consolidated financial statements are issued to provide additional evidence relative to certain estimates or to identify matters that require additional disclosures.
Use of Estimates and Uncertainties	Use of Estimates and Uncertainties The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from these estimates, and changes in estimates are reported in current operations as new information is learned or upon the amounts becoming fixed and determinable. The most significant areas that require management judgment are revenue recognition, restructuring, deferred compensation, annual performance related bonuses, evaluation of the carrying value of receivables, goodwill and other intangible assets, fair value of contingent consideration, share-based payments and the recoverability of deferred income taxes.
Revenue Recognition	Revenue Recognition Substantially all professional fee revenue is derived from fees for professional services related to executive recruitment performed on a retained basis, recruitment for non-executive professionals, recruitment process outsourcing and leadership & talent consulting services. Fee revenue from executive recruitment activities and recruitment for non-executive professionals is generally one-third of the estimated first year cash compensation of the placed executive or non-executive professional, as applicable, plus a percentage of the fee to cover indirect engagement related expenses. The Company generally recognizes revenue on a straight-line basis over a three-month period, commencing upon client acceptance, as this is the period over which the recruitment services are performed. Fees earned in excess of the initial contract amount are recognized upon completion of the engagement, which reflect the difference between the final actual compensation of the placed executive and the estimate used for purposes of the previous billings. Since the initial contract fees are typically not contingent upon placement of a candidate, our assumptions primarily relate to establishing the period over which such service is performed. These assumptions determine the timing of revenue recognition and profitability for the reported period. Any revenues associated with services that are provided on a contingent basis are recognized once the contingency is resolved. In addition to recruitment for non-executive professionals, Futurestep provides recruitment process outsourcing (“RPO”) services and fee revenue is recognized as services are rendered and/or milestones are achieved. Fee revenue from Leadership & Talent Consulting (“LTC”) services is recognized as services are rendered for consulting engagements and other time based services, measured by total hours incurred to the total estimated hours at completion. It is possible that updated estimates for the consulting engagement may vary from initial estimates with such updates being recognized in the period of determination. Depending on the timing of billings and services rendered, the Company accrues or defers revenue as appropriate. LTC revenue is also derived from the sale of solution services, which includes revenue from licenses and from the sale of products. Revenue from licenses is recognized using a straight-line method over the term of the contract (generally 12 months). Under the fixed term licenses, the Company is obligated to provide the licensee with access to any updates to the underlying intellectual property that are made by the Company during the term of the license. Once the term of the agreement expires, the client’s right to access or use the intellectual property expires and the Company has no further obligations to the client under the license agreement. Revenue from perpetual licenses is recognized when the license is sold since the Company’s only obligation is to provide the client access to the intellectual property but is not obligated to provide maintenance, support, updates or upgrades. Products sold by the Company mainly consist of books and automated services covering a variety of topics including performance management, team effectiveness, and coaching and development. The Company recognizes revenue for its products when the product has been sold or shipped in the case of books. As of April 30, 2015 and 2014, the Company included deferred revenue of $40.5 million and $36.8 million, respectively, in other accrued liabilities.
Reimbursements	Reimbursements The Company incurs certain out-of-pocket expenses that are reimbursed by its clients, which are accounted for as revenue in its consolidated statements of income.
Allowance for Doubtful Accounts	Allowance for Doubtful Accounts An allowance is established for doubtful accounts by taking a charge to general and administrative expenses. The amount of the allowance is based on historical loss experience, assessment of the collectability of specific accounts, as well as expectations of future collections based upon trends and the type of work for which services are rendered. After the Company exhausts all collection efforts, the amount of the allowance is reduced for balances identified as uncollectible.
Cash and Cash Equivalents	Cash and Cash Equivalents The Company considers all highly liquid investments with original maturities of three months or less to be cash equivalents. As of April 30, 2015 and 2014, the Company’s investments in cash equivalents, consist of money market funds for which market prices are readily available. As of April 30, 2015 and 2014, the Company had cash equivalents of $260.6 million and $186.6 million, respectively.
Marketable Securities	Marketable Securities The Company currently has investments in marketable securities and mutual funds which are classified as either trading securities or available-for-sale, based upon management’s intent and ability to hold, sell or trade such securities. The classification of the investments in these marketable securities and mutual funds is assessed upon purchase and reassessed at each reporting period. These investments are recorded at fair value and are classified as marketable securities in the accompanying consolidated balance sheets. The investments that the Company may sell within the next twelve months are carried as current assets. Realized gains (losses) on marketable securities are determined by specific identification. Interest is recognized on an accrual basis, dividends are recorded as earned on the ex-dividend date. Interest and dividend income are recorded in the accompanying consolidated statements of income in interest expense, net. The Company invests in mutual funds, (for which market prices are readily available) that are held in trust to satisfy obligations under the Company’s deferred compensation plans (see Note 5 — Marketable Securities The Company also invests cash in excess of its daily operating requirements and capital needs primarily in marketable fixed income (debt) securities in accordance with the Company’s investment policy, which restricts the type of investments that can be made. The Company’s investment portfolio includes corporate bonds. These marketable fixed income (debt) securities are classified as available-for-sale securities based on management’s decision, at the date such securities are acquired, not to hold these securities to maturity or actively trade them. The Company carries these marketable debt securities at fair value based on the market prices for these marketable debt securities or similar debt securities whose prices are readily available. The changes in fair values, net of applicable taxes, are recorded as unrealized gains or losses as a component of comprehensive income. When, in the opinion of management, a decline in the fair value of an investment below its amortized cost is considered to be “other-than-temporary,” a credit loss is recorded in the statement of income in other income, net; any amount in excess of the credit loss is recorded as unrealized gains or losses as a component of comprehensive income. Generally, the amount of the loss is the difference between the cost or amortized cost and its then current fair value; a credit loss is the difference between the discounted expected future cash flows to be collected from the debt security and the cost or amortized cost of the debt security. The determination of the other-than-temporary decline includes, in addition to other relevant factors, a presumption that if the market value is below cost by a significant amount for a period of time, a write-down may be necessary. During fiscal 2015, 2014 and 2013, no other-than-temporary impairment was recognized.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair value is the price the Company would receive to sell an asset or transfer a liability (exit price) in an orderly transaction between market participants. For those assets and liabilities recorded or disclosed at fair value, the Company determines the fair value based upon the quoted market price, if available. If a quoted market price is not available for identical assets, the fair value is based upon the quoted market price of similar assets. The fair values are assigned a level within the fair value hierarchy as defined below: • Level 1 • Level 2 • Level 3 As of April 30, 2015 and 2014, the Company held certain assets that are required to be measured at fair value on a recurring basis. These included cash, cash equivalents, accounts receivable and marketable securities. The carrying amount of cash, cash equivalents and accounts receivable approximates fair value due to the short maturity of these instruments. The fair values of marketable securities classified as trading are obtained from quoted market prices, and the fair values of marketable securities classified as available-for-sale are obtained from a third party, which are based on quoted prices or market prices for similar assets.
Business Acquisitions	Business Acquisitions Business acquisitions are accounted for under the acquisition method. The acquisition method requires the reporting entity to identify the acquirer, determine the acquisition date, recognize and measure the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquired entity, and recognize and measure goodwill or a gain from the purchase. The acquiree’s results are included in the Company’s consolidated financial statements from the date of acquisition. Assets acquired and liabilities assumed are recorded at their fair values and the excess of the purchase price over the amounts assigned is recorded as goodwill, or if the fair value of the assets acquired exceeds the purchase price consideration, a bargain purchase gain is recorded. Adjustments to fair value assessments are recorded to goodwill over the measurement period (not longer than twelve months). The acquisition method also requires that acquisition-related transaction and post-acquisition restructuring costs be charged to expense as committed, and requires the Company to recognize and measure certain assets and liabilities including those arising from contingencies and contingent consideration in a business combination. During fiscal 2014, the Company paid contingent consideration to the selling stockholders of PDI Ninth House (“PDI”) of $15 million, as required under the merger agreement, as a result of the achievement of certain pre-determined goals associated with expense synergies.
Property and Equipment	Property and Equipment Property and equipment is carried at cost less accumulated depreciation. Leasehold improvements are amortized on a straight-line basis over the estimated useful life of the asset, or the lease term, whichever is shorter. Software development costs incurred for internal use projects are capitalized and, once placed in service, amortized using the straight-line method over the estimated useful life, generally three to seven years. All other property and equipment is depreciated or amortized on a straight-line basis over the estimated useful lives of three to ten years. The Company reviews long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying value of an asset may not be recoverable. In fiscal 2015, 2014 and 2013, there were no such impairment charges recorded.
Goodwill and Intangible Assets	Goodwill and Intangible Assets Goodwill represents the excess of the purchase price over the fair value of assets acquired. The goodwill impairment test compares the fair value of a reporting unit with its carrying amount, including goodwill. If the carrying amount of a reporting unit exceeds its fair value, goodwill of the reporting unit would be considered impaired. To measure the amount of the impairment loss, the implied fair value of a reporting unit’s goodwill is compared to the carrying amount of that goodwill. The implied fair value of goodwill is determined in the same manner as the amount of goodwill recognized in a business combination. If the carrying amount of a reporting unit’s goodwill exceeds the implied fair value of that goodwill, an impairment loss is recognized in an amount equal to that excess. For each of these tests, the fair value of each of the Company’s reporting units is determined using a combination of valuation techniques, including a discounted cash flow methodology. To corroborate the discounted cash flow analysis performed at each reporting unit, a market approach, is utilized using observable market data such as comparable companies in similar lines of business that are publicly traded or which are part of a public or private transaction (to the extent available). Results of the annual impairment test performed as of January 31, 2015, indicated that the fair value of each reporting unit exceeded its carrying amount and no reporting units were at risk of failing the impairment test. As a result, no impairment charge was recognized. There was also no indication of potential impairment during the fourth quarter of fiscal 2015 that would have required further testing. Intangible assets primarily consist of customer lists, non-compete agreements, proprietary databases, intellectual property and trademarks and are recorded at their estimated fair value at the date of acquisition and are amortized in a pattern in which the asset is consumed if that pattern can be reliably determined, or using the straight-line method over their estimated useful lives which range from one to 24 years. For intangible assets subject to amortization, an impairment loss is recognized if the carrying amount of the intangible assets is not recoverable and exceeds fair value. The carrying amount of the intangible assets is considered not recoverable if it exceeds the sum of the undiscounted cash flows expected to result from use of the asset. Intangible assets with indefinite lives are not amortized, but are reviewed annually for impairment or more frequently whenever events or changes in circumstances indicate that the fair value of the asset may be less than its carrying amount. As of April 30, 2015 and 2014, there were no indicators of impairment with respect to the Company’s intangible assets.
Compensation and Benefits Expense	Compensation and Benefits Expense Compensation and benefits expense in the accompanying consolidated statements of income consist of compensation and benefits paid to consultants (employees who originate business), executive officers and administrative and support personnel. The most significant portions of this expense are salaries and the amounts paid under the annual performance related bonus plan to employees. The portion of the expense applicable to salaries is comprised of amounts earned by employees during a reporting period. The portion of the expenses applicable to annual performance related bonuses refers to the Company’s annual employee performance related bonus with respect to a fiscal year, the amount of which is communicated and paid to each eligible employee following the completion of the fiscal year. Each quarter, management makes its best estimate of its annual performance related bonuses, which requires management to, among other things, project annual consultant productivity (as measured by engagement fees billed and collected by executive search consultants and revenue and other performance metrics for LTC and Futurestep consultants), the level of engagements referred by a fee earner in one line of business to a different line of business, Company performance including profitability, competitive forces and future economic conditions and their impact on the Company’s results. At the end of each fiscal year, annual performance related bonuses take into account final individual consultant productivity (including referred work), Company results including profitability, the achievement of strategic objectives, the results of individual performance appraisals, and the current economic landscape. Accordingly, each quarter the Company reevaluates the assumptions used to estimate annual performance related bonus liability and adjusts the carrying amount of the liability recorded on the consolidated balance sheet and reports any changes in the estimate in current operations. Because annual performance-based bonuses are communicated and paid only after the Company reports its full fiscal year results, actual performance-based bonus payments may differ from the prior year’s estimate. Such changes in the bonus estimate historically have been immaterial and are recorded in current operations in the period in which they are determined. The performance related bonus expense was $166.7 million, $146.1 million and $114.1 million for the years ended April 30, 2015, 2014 and 2013, respectively, each of which was reduced by a change in the previous years’ estimate recorded in fiscal 2015, 2014 and 2013 of $0.3 million, $0.7 million and $0.2 million, respectively. This resulted in net bonus expense of $166.4 million, $145.4 million and $113.9 million for the years ended April 30, 2015, 2014 and 2013, respectively, included in compensation and benefits expense in the consolidated statements of income. Other expenses included in compensation and benefits expense are due to changes in deferred compensation and pension plan liabilities, changes in cash surrender value (“CSV”) of company owned life insurance (“COLI”) contracts, amortization of stock compensation awards, payroll taxes and employee insurance benefits.
Deferred Compensation and Pension Plans	Deferred Compensation and Pension Plans For financial accounting purposes, the Company estimates the present value of the future benefits payable under the deferred compensation and pension plans as of the estimated payment commencement date. The Company also estimates the remaining number of years a participant will be employed by the Company. Then, each year during the period of estimated employment, the Company accrues a liability and recognizes expense for a portion of the future benefit using the “benefit/years of service” attribution method for Senior Executive Incentive Plan (“SEIP”), Wealth Accumulation Plan (“WAP”) and Enhanced Wealth Accumulation Plan (“EWAP”) and the “projected unit credit” method for the Worldwide Executive Benefit Plan (“WEB”). In calculating the accrual for future benefit payments, management has made assumptions regarding employee turnover, participant vesting, violation of non-competition provisions and the discount rate. Management periodically reevaluates all assumptions. If assumptions change in future reporting periods, the changes may impact the measurement and recognition of benefit liabilities and related compensation expense.
Executive Capital Accumulation Plan	Executive Capital Accumulation Plan The Company, under its deferred compensation plans, makes discretionary contributions and such contributions may be granted to key employees annually based on the employee’s performance. Certain key management may also receive Company contributions upon commencement of employment. The Company amortizes these contributions on a straight-line basis as they vest, generally over a four year period. The amounts that are expected to be paid to employees over the next 12 months are classified as a current liability included in compensation and benefits payable in the accompanying consolidated balance sheet. The ECAP is accounted for whereby the changes in the fair value of the vested amounts owed to the participants are adjusted with a corresponding charge (or credit) to compensation and benefits costs.
Cash Surrender Value of Life Insurance	Cash Surrender Value of Life Insurance The Company purchased COLI policies or contracts insuring the lives of certain employees eligible to participate in certain of the deferred compensation and pension plans as a means of funding benefits under such plans. The Company purchased both fixed and variable life insurance contracts and does not purchase “split-dollar” life insurance policy contracts. The Company has both contracts or policies that provide for a fixed or guaranteed rate of return and a variable rate of return depending on the return of the policies’ investment in their underlying portfolio in equities and bonds. The CSV of these COLI contracts are carried at the amounts that would be realized if the contract were surrendered at the balance sheet date, net of the outstanding loans borrowed from the insurer. The Company has the intention and ability to continue to hold these COLI policies and contracts. Additionally, the loans secured by the policies do not have any scheduled payment terms and the Company also does not intend to repay the loans outstanding on these policies until death benefits under the policy have been realized. Accordingly, the investment in COLI is classified as long-term in the accompanying consolidated balance sheet. The change in the CSV of COLI contracts, net of insurance premiums paid and gains realized, is reported in compensation and benefits expense. As of April 30, 2015 and 2014, the Company held contracts with gross CSV of $172.3 million and $167.2 million, offset by outstanding policy loans of $69.6 million and $72.9 million, respectively. If the issuing insurance companies were to become insolvent, the Company would be considered a general creditor for $50.6 million and $45.9 million of net CSV as of April 30, 2015 and 2014, respectively; therefore, these assets are subject to credit risk. Management, together with its outside advisors, routinely monitors the claims paying abilities of these insurance companies.
Restructuring Charges, Net	Restructuring Charges, Net The Company accounts for its restructuring charges as a liability when the obligations are incurred and records such charges at fair value. Changes in the estimates of the restructuring charges are recorded in the period the change is determined.
Stock-Based Compensation	Stock-Based Compensation The Company has employee compensation plans under which various types of stock-based instruments are granted. These instruments, principally include restricted stock units, restricted stock, stock options and an Employee Stock Purchase Plan (“ESPP”). The Company recognizes compensation expense related to restricted stock units, restricted stock and the estimated fair value of stock options and stock purchases under the ESPP on a straight-line basis over the service period for the entire award.
Translation of Foreign Currencies	Translation of Foreign Currencies Generally, financial results of the Company’s foreign subsidiaries are measured in their local currencies. Assets and liabilities are translated into U.S. dollars at exchange rates in effect at the balance sheet date, while revenue and expenses are translated at weighted-average exchange rates during the fiscal year. Resulting translation adjustments are recorded as a component of accumulated comprehensive income. Gains and losses from foreign currency transactions of these subsidiaries and the translation of the financial results of subsidiaries operating in highly inflationary economies are included in general and administrative expense in the period incurred. Foreign currency losses, on an after tax basis, included in net income was $1.6 million and $0.5 million during fiscal 2015 and 2013, respectively. Foreign currency gains, on an after tax basis, included in net income were $1.0 million during fiscal 2014.
Income Taxes	Income Taxes There are two components of income tax expense: current and deferred. Current income tax expense (benefit) approximates taxes to be paid or refunded for the current period. Deferred income tax expense (benefit) results from changes in deferred tax assets and liabilities between periods. These gross deferred tax assets and liabilities represent decreases or increases in taxes expected to be paid in the future because of future reversals of temporary differences in the basis of assets and liabilities as measured by tax laws and their basis as reported in the consolidated financial statements. Deferred tax assets are also recognized for tax attributes such as net operating loss carryforwards and tax credit carryforwards. Valuation allowances are then recorded to reduce deferred tax assets to the amounts management concludes are more likely than not to be realized. Income tax benefits are recognized and measured based upon a two-step model: (1) a tax position must be more-likely-than-not to be sustained based solely on its technical merits in order to be recognized and (2) the benefit is measured as the largest dollar amount of that position that is more-likely-than-not to be sustained upon settlement. The difference between the benefit recognized for a position and the tax benefit claimed on a tax return is referred to as an unrecognized tax benefit. The Company records income tax related interest and penalties within income tax expense.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments which potentially subject the Company to concentrations of credit risk consist principally of cash, cash equivalents, investments, receivables due from clients and net CSV due from insurance companies, which is discussed above. Cash equivalents include investments in money market securities while investments include mutual funds and corporate bonds. Investments are diversified throughout many industries and geographic regions. The Company conducts periodic reviews of its customers’ financial condition and customer payment practices to minimize collection risk on accounts receivable. At April 30, 2015 and 2014, the Company had no other significant credit concentrations.
Recently Adopted Accounting Standards	Recently Adopted Accounting Standards In March 2013, the Financial Accounting Standards Board (“FASB”) issued guidance on releasing cumulative translation adjustments when a reporting entity (parent) ceases to have a controlling financial interest in a subsidiary or group of assets that is a nonprofit activity or a business within a foreign entity. In addition, these amendments provide guidance on the release of cumulative translation adjustments in partial sales of equity method investments and in step acquisitions. This new guidance was effective on a prospective basis for fiscal years and interim reporting periods beginning after December 15, 2013. The amendments should be applied prospectively to derecognition events occurring after the effective date. Prior periods should not be adjusted and early adoption is permitted. The Company adopted this guidance during fiscal 2015 and the adoption did not have an impact on the financial statements of the Company. In June 2013, the FASB issued guidance on how a liability for an unrecognized tax benefit should be presented in the financial statements if the ultimate settlement of such liability will not result in a cash payment to the tax authority but will, rather, reduce a deferred tax asset for a net operating loss or tax credit carryforward. The FASB concluded that, when settlement in such manner is available under tax law, the liability for an unrecognized tax benefit should be presented as a reduction of the deferred tax asset associated with the net operating loss or tax credit carryforward. This new guidance was effective for fiscal years and interim periods within those years beginning after December 15, 2013. The Company adopted this guidance during fiscal 2015 and the adoption did not have an impact on the financial statements of the Company.
Recently Proposed Accounting Standards	Recently Proposed Accounting Standards In May 2014, the FASB issued guidance that supersedes revenue recognition requirements regarding contracts with customers to transfer goods or services or for the transfer of nonfinancial assets. Under the new guidance, entities are required to recognize revenue in order to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. The guidance provides a five-step analysis to be performed on transactions to determine when and how revenue is recognized. This new guidance is effective for fiscal years and interim periods within those annual years beginning after December 15, 2016. The Company will adopt this guidance in its fiscal year beginning May 1, 2017. The Company is currently evaluating the effect the guidance will have on our financial condition and results of operations.

Basic and Diluted Earnings Pe26

Basic and Diluted Earnings Per Share (Tables)	12 Months Ended
	Apr. 30, 2015
Basic and Diluted Earnings per Common Share Attributable to Common Stockholders	The following table summarizes basic and diluted earnings per common share attributable to common stockholders: Year Ended April 30, 2015 2014 2013 (in thousands, except per share data) Net income $ 88,357 $ 72,691 $ 33,293 Less: distributed and undistributed earnings to nonvested restricted stockholders 860 — — Basic net earnings attributable to common stockholders 87,497 72,691 33,293 Add: undistributed earnings to nonvested restricted stockholders 815 — — Less: reallocation of undistributed earnings to nonvested restricted stockholders 804 — — Diluted net earnings attributable to common stockholders $ 87,508 $ 72,691 $ 33,293 Weighted-average common shares outstanding: Basic weighted-average number of common shares outstanding 49,052 48,162 47,224 Effect of dilutive securities: Restricted stock 605 789 485 Stock options 105 194 174 ESPP 4 — — Diluted weighted-average number of common shares outstanding 49,766 49,145 47,883 Net earnings per common share: Basic earnings per share $ 1.78 $ 1.51 $ 0.71 Diluted earnings per share $ 1.76 $ 1.48 $ 0.70

Comprehensive Income (Tables)

Comprehensive Income (Tables)	12 Months Ended
	Apr. 30, 2015
Components Of Accumulated Other Comprehensive Income (Loss)	The components of accumulated other comprehensive loss were as follows: April 30, 2015 2014 (in thousands) Foreign currency translation adjustments $ (20,919 ) $ 15,604 Deferred compensation and pension plan adjustments, net of taxes (19,708 ) (18,006 ) Unrealized gains on marketable securities, net of taxes 4 14 Accumulated other comprehensive loss, net $ (40,623 ) $ (2,388 )
Changes in Each Component of Accumulated Other Comprehensive Income (Loss)	The following tables summarizes the changes in each component of accumulated other comprehensive income (loss): Foreign Deferred Unrealized Accumulated (in thousands) Balance as of May 1, 2012 $ 22,813 $ (15,658 ) $ 36 $ 7,191 Unrealized (losses) gains arising during the period (5,254 ) (6,033 ) 13 (11,274 ) Reclassification of realized net losses (gains) to net income — 1,455 (3 ) 1,452 Balance as of April 30, 2013 17,559 (20,236 ) 46 (2,631 ) Unrealized (losses) gains arising during the period (1,955 ) 136 (64 ) (1,883 ) Reclassification of realized net losses to net income — 2,094 32 2,126 Balance as of April 30, 2014 15,604 (18,006 ) 14 (2,388 ) Unrealized losses arising during the period (36,523 ) (3,589 ) (10 ) (40,122 ) Reclassification of realized net losses to net income — 1,887 — 1,887 Balance as of April 30, 2015 $ (20,919 ) $ (19,708 ) $ 4 $ (40,623 ) (1) The tax effects on unrealized (losses) gains of $(2.3) million, $0.07 million and $(3.8) million as of April 30, 2015, 2014 and 2013, respectively. The tax effects on reclassifications of realized net losses of $1.2 million, $1.0 million and $0.9 million as of April 30, 2015, 2014 and 2013, respectively.

Employee Stock Plans (Tables)

Employee Stock Plans (Tables)	12 Months Ended
	Apr. 30, 2015
Components Of Stock-Based Compensation Expense Recognized	The following table summarizes the components of stock-based compensation expense recognized in the Company’s consolidated statements of income for the periods indicated: Year Ended April 30, 2015 2014 2013 (in thousands) Restricted stock $ 13,602 $ 11,689 $ 11,001 ESPP 162 — — Stock options 135 417 905 Total stock-based compensation expense, pre-tax 13,899 12,106 11,906 Tax benefit from stock-based compensation expense (3,893 ) (3,484 ) (4,142 ) Total stock-based compensation expense, net of tax $ 10,006 $ 8,622 $ 7,764
Stock Options Transactions	Stock options transactions under the Company’s Second A&R 2008 Plan were as follows: April 30, 2015 2014 2013 Options Weighted- Options Weighted- Options Weighted- (in thousands, except per share data) Outstanding, beginning of year 396 $ 16.23 1,100 $ 14.72 1,492 $ 14.00 Exercised (179 ) $ 16.99 (655 ) $ 13.88 (238 ) $ 9.32 Forfeited/expired (15 ) $ 17.72 (49 ) $ 13.42 (154 ) $ 16.87 Outstanding, end of year 202 $ 15.45 396 $ 16.23 1,100 $ 14.72 Exercisable, end of year 192 $ 15.07 337 $ 16.11 864 $ 15.01
Outstanding Stock Options	Outstanding stock options: April 30, 2015 Options Outstanding Options Exercisable Range of Exercise Prices Shares Weighted- (in years) Weighted- Shares Weighted- (in years) Weighted- (in thousands, except per share data) $9.75 — $ 13.82 48 1.3 $ 10.00 48 1.3 $ 10.00 $13.83 — $ 15.83 67 2.2 $ 13.94 67 2.2 $ 13.94 $15.84 — $ 19.88 50 0.3 $ 17.96 50 0.3 $ 17.96 $19.89 — $ 24.08 37 2.3 $ 21.87 27 1.9 $ 21.55 202 1.5 $ 15.45 192 1.4 $ 15.07
Additional Information Pertaining to Stock Options	Additional information pertaining to stock options: Year Ended April 30, 2015 2014 2013 (in thousands, except per share data) Total fair value of stock options vested $ 334 $ 984 $ 1,001 Total intrinsic value of stock options exercised $ 2,425 $ 6,108 $ 1,547
Restricted Stock Activity	Restricted stock activity is summarized below: April 30, 2015 2014 2013 Shares Weighted- Shares Weighted- Shares Weighted- (in thousands, except per share data) Non-vested, beginning of year 1,880 $ 18.95 1,810 $ 16.38 1,781 $ 16.76 Granted 438 $ 29.93 809 $ 21.32 889 $ 13.93 Vested (705 ) $ 18.52 (535 ) $ 14.54 (780 ) $ 14.99 Forfeited/expired (53 ) $ 21.13 (204 ) $ 17.19 (80 ) $ 16.43 Non-vested, end of year 1,560 $ 22.15 1,880 $ 18.95 1,810 $ 16.38

Marketable Securities (Tables)

Marketable Securities (Tables)	12 Months Ended
	Apr. 30, 2015
Summary of Marketable Securities	As of April 30, 2015, marketable securities consisted of the following: Trading Available-for- Total (in thousands) Mutual funds $ 131,399 $ — $ 131,399 Corporate bonds — 13,177 13,177 Total 131,399 13,177 144,576 Less: current portion of marketable securities (12,580 ) (13,177 ) (25,757 ) Non-current marketable securities $ 118,819 $ — $ 118,819 As of April 30, 2014, marketable securities consisted of the following: Trading Available-for- Sale (2) Total (in thousands) Mutual funds $ 116,207 $ — $ 116,207 Corporate bonds — 18,352 18,352 Total 116,207 18,352 134,559 Less: current portion of marketable securities (4,510 ) (5,056 ) (9,566 ) Non-current marketable securities $ 111,697 $ 13,296 $ 124,993 (1) These investments are held in trust for settlement of the Company’s vested and unvested obligations of $129.1 million and $117.6 million as of April 30, 2015 and 2014, respectively, under the ECAP (see Note 6 — Deferred Compensation and Retirement Plans (2) The Company’s financial assets measured at fair value on a recurring basis include trading securities classified as Level 1 and available-for-sale securities classified as Level 2. As of April 30, 2015 and 2014, the Company had no investments classified as Level 3.
Amortized Cost and Fair Values of Marketable Securities Classified as Available-For-Sale Investments	The amortized cost and fair values of marketable securities classified as available-for-sale investments were as follows: April 30, 2015 Amortized Gross Gross Estimated (in thousands) Corporate bonds $ 13,167 $ 11 $ (1 ) $ 13,177 April 30, 2014 Amortized Gross Gross Estimated (in thousands) Corporate bonds $ 18,325 $ 31 $ (4 ) $ 18,352 (1) There are no marketable securities that have been in a continuous unrealized loss position for 12 months or more.

Deferred Compensation and Ret30

Deferred Compensation and Retirement Plans (Tables)	12 Months Ended
	Apr. 30, 2015
Total Benefit Obligations	The total benefit obligations for these plans were as follows: Year Ended April 30, 2015 2014 (in thousands) Deferred compensation plans $ 83,876 $ 82,153 Pension plan 5,262 4,424 International retirement plans 2,847 3,727 Executive Capital Accumulation Plan 99,461 89,308 Total benefit obligations 191,446 179,612 Less: current portion of benefit obligation (18,014 ) (10,377 ) Non-current benefit obligation $ 173,432 $ 169,235
Expected Benefit Payments Associated With Future Service	Benefit payments, which reflect expected future service, as appropriate, are expected to be paid over the next ten years as follows: Year Ending April 30, Deferred Pension (in thousands) 2016 $ 6,487 $ 322 2017 6,418 328 2018 6,192 331 2019 6,096 327 2020 6,375 331 2021-2025 30,904 1,487
Deferred Compensation Plan
Reconciliation Of Benefit Obligation	The following tables reconcile the benefit obligation for the deferred compensation plans: Year Ended April 30, 2015 2014 2013 (in thousands) Change in benefit obligation: Benefit obligation, beginning of year $ 82,153 $ 85,562 $ 78,479 Interest cost 2,835 2,566 2,868 Actuarial loss (gain) 4,863 (294 ) 9,420 Benefits paid (5,975 ) (5,681 ) (5,205 ) Benefit obligation, end of year 83,876 82,153 85,562 Less: current portion of benefit obligation (5,554 ) (5,593 ) (5,182 ) Non-current benefit obligation $ 78,322 $ 76,560 $ 80,380
Components Of Net Periodic Benefit Costs	The components of net periodic benefits costs are as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Interest cost $ 2,835 $ 2,566 $ 2,868 Amortization of actuarial loss 3,029 3,111 2,357 Net periodic benefit cost $ 5,864 $ 5,677 $ 5,225
Weighted-Average Assumptions Used In Calculating Benefit Obligation	The weighted-average assumptions used in calculating the benefit obligations were as follows: Year Ended April 30, 2015 2014 2013 Discount rate, beginning of year 3.60 % 3.12 % 3.79 % Discount rate, end of year 3.28 % 3.60 % 3.12 % Rate of compensation increase 0.00 % 0.00 % 0.00 %
Pension Plans, Defined Benefit
Reconciliation Of Benefit Obligation	The following tables reconcile the benefit obligation for the pension plan: Year Ended April 30, 2015 2014 2013 (in thousands) Change in benefit obligation: Benefit obligation, beginning of year $ 4,424 $ 4,536 $ 4,214 Interest cost 154 137 154 Actuarial loss 1,001 92 426 Benefits paid (317 ) (341 ) (258 ) Benefit obligation, end of year 5,262 4,424 4,536 Less: current portion of benefit obligation (278 ) (274 ) (232 ) Non-current benefit obligation $ 4,984 $ 4,150 $ 4,304
Components Of Net Periodic Benefit Costs	The components of net periodic benefits costs are as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Interest cost $ 154 $ 137 $ 154 Amortization of actuarial loss 21 8 18 Net periodic benefit cost $ 175 $ 145 $ 172
Weighted-Average Assumptions Used In Calculating Benefit Obligation	The weighted-average assumptions used in calculating the benefit obligations were as follows: Year Ended April 30, 2015 2014 2013 Discount rate, beginning of year 3.60 % 3.12 % 3.79 % Discount rate, end of year 3.28 % 3.60 % 3.12 % Rate of compensation increase 0.00 % 0.00 % 0.00 %
Executive Capital Accumulation Plan
Reconciliation Of Benefit Obligation	Changes in the ECAP liability were as follows: Year Ended April 30, 2015 2014 (in thousands) Balance, beginning of year $ 89,308 $ 75,913 Employee contributions 3,048 2,748 Amortization of employer contributions 12,378 11,467 Gain on investment 5,871 8,884 Employee distributions (10,295 ) (9,044 ) Exchange rate fluctuations (849 ) (660 ) Balance, end of year 99,461 89,308 Less: current portion (12,182 ) (4,510 ) Non-current portion, end of year $ 87,279 $ 84,798

Restructuring Charges, Net (Tab

Restructuring Charges, Net (Tables)	12 Months Ended
	Apr. 30, 2015
Changes in Restructuring Liability	Changes in the restructuring liability are as follows: Severance Facilities Total (in thousands) Liability as of April 30, 2013 $ 4,819 $ 6,729 $ 11,548 Restructuring charges, net 823 2,859 3,682 Reductions for cash payments (5,884 ) (6,821 ) (12,705 ) Exchange rate fluctuations 242 46 288 Liability as of April 30, 2014 — 2,813 2,813 Restructuring charges, net 9,224 244 9,468 Reductions for cash payments (8,396 ) (2,186 ) (10,582 ) Exchange rate fluctuations (453 ) (100 ) (553 ) Liability as of April 30, 2015 $ 375 $ 771 $ 1,146
Summary Of Restructuring Liability By Segment	The restructuring liability by segment is summarized below: April 30, 2015 Severance Facilities Total (in thousands) Executive Recruitment North America $ 51 $ — $ 51 Europe, Middle East and Africa (“EMEA”) 210 212 422 Total Executive Recruitment 261 212 473 LTC 58 320 378 Futurestep 52 239 291 Corporate 4 — 4 Liability as of April 30, 2015 $ 375 $ 771 $ 1,146 April 30, 2014 Severance Facilities Total (in thousands) Executive Recruitment North America $ — $ 193 $ 193 EMEA — 379 379 Total Executive Recruitment — 572 572 LTC — 1,587 1,587 Futurestep — 654 654 Liability as of April 30, 2014 $ — $ 2,813 $ 2,813

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Apr. 30, 2015
Provision (Benefit) For Domestic And Foreign Income Taxes	The provision (benefit) for domestic and foreign income taxes was as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Current income taxes: Federal $ 16,569 $ 6,982 $ 4,100 State 2,412 1,939 1,237 Foreign 13,650 15,502 8,759 Current provision for income taxes 32,631 24,423 14,096 Deferred income taxes: Federal 3,140 5,094 (423 ) State (239 ) 177 1,895 Foreign (2,006 ) (1,202 ) 1,069 Deferred provision for income taxes 895 4,069 2,541 Total provision for income taxes $ 33,526 $ 28,492 $ 16,637
Domestic And Foreign Components Of Income (Loss) From Continuing Operations Before Domestic And Foreign Income And Other Taxes And Equity In Earnings	The domestic and foreign components of income from continuing operations before domestic and foreign income and other taxes and equity in earnings of unconsolidated subsidiaries were as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Domestic $ 65,885 $ 42,411 $ 15,915 Foreign 53,817 56,603 31,905 Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries $ 119,702 $ 99,014 $ 47,820
Reconciliation Of Statutory Federal Income Tax Rate To Effective Consolidated Tax Rate	The reconciliation of the statutory federal income tax rate to the effective consolidated tax rate is as follows: Year Ended April 30, 2015 2014 2013 U.S. federal statutory income tax rate 35.0 % 35.0 % 35.0 % Foreign source income, net of credits generated 0.4 2.0 0.6 Foreign tax rates differential (4.2 ) (4.7 ) (3.7 ) COLI increase, net (3.1 ) (2.9 ) (4.8 ) Conclusion of U.S. federal tax audit — (2.7 ) — State income taxes, net of federal benefit 0.9 1.5 5.7 Change in uncertain tax positions (0.1 ) 1.1 1.9 Other (0.9 ) (0.5 ) 0.1 Effective income tax rate 28.0 % 28.8 % 34.8 %
Components Of Deferred Tax Assets And Liabilities	Components of deferred tax assets and liabilities are as follows: April 30, 2015 2014 (in thousands) Deferred tax assets: Deferred compensation $ 71,182 $ 66,359 Loss and credit carryforwards 26,211 35,177 Reserves and accruals 9,344 8,706 Deferred rent 6,432 5,575 Deferred revenue 277 1,672 Allowance for doubtful accounts 1,831 1,536 Other 6,629 6,531 Gross deferred tax assets 121,906 125,556 Deferred tax liabilities: Intangibles (20,828 ) (21,507 ) Property and equipment (6,289 ) (6,277 ) Prepaid expenses (7,687 ) (5,600 ) Other (5,653 ) (5,678 ) Gross deferred tax liabilities (40,457 ) (39,062 ) Valuation allowances (21,608 ) (26,969 ) Net deferred tax asset $ 59,841 $ 59,525
Deferred Tax Amounts	The deferred tax amounts have been classified in the consolidated balance sheets as follows: April 30, 2015 2014 (in thousands) Current: Deferred tax assets $ 14,600 $ 15,591 Deferred tax liabilities (10,488 ) (10,813 ) Valuation allowance (285 ) (292 ) Current deferred tax asset 3,827 4,486 Non-current: Deferred tax asset 107,306 109,965 Deferred tax liabilities (29,969 ) (28,249 ) Valuation allowance (21,323 ) (26,677 ) Non-current deferred tax asset, net 56,014 55,039 Net deferred tax assets $ 59,841 $ 59,525
Changes In Unrecognized Tax Benefits	A reconciliation of the beginning and ending balances of the unrecognized tax benefits is as follows: Year Ended April 30, 2015 2014 2013 (in thousands) Unrecognized tax benefits, beginning of year $ 2,701 $ 3,400 $ — Settlement with tax authority (497 ) (1,946 ) — Additions based on tax positions related to the current year 219 279 1,454 Additions based on tax positions related to prior years — 968 1,946 Unrecognized tax benefits, end of year $ 2,423 $ 2,701 $ 3,400

Property and Equipment (Tables)

Property and Equipment (Tables)	12 Months Ended
	Apr. 30, 2015
Property And Equipment	Property and equipment include the following: April 30, 2015 2014 (in thousands) Computer equipment and software (1) $ 125,815 $ 113,941 Leasehold improvements 44,832 43,994 Furniture and fixtures 32,800 32,727 Automobiles 1,496 1,707 204,943 192,369 Less: accumulated depreciation and amortization (142,855 ) (131,935 ) Property and equipment, net $ 62,088 $ 60,434 (1) Depreciation expense for capitalized software was $9.0 million, $6.0 million and $4.0 million during fiscal 2015, 2014 and 2013, respectively. The net book value of the Company’s computer software costs included in property and equipment, net was $28.7 million and $26.4 million as of April 30, 2015 and 2014, respectively.

Business Segments (Tables)

Business Segments (Tables)	12 Months Ended
	Apr. 30, 2015
Financial Highlights By Business Segment	Financial highlights by business segment are as follows: Year Ended April 30, 2015 Executive Recruitment North EMEA Asia South Subtotal LTC Futurestep Corporate Consolidated (in thousands) Fee revenue $ 330,634 $ 153,465 $ 84,148 $ 29,160 $ 597,407 $ 267,018 $ 163,727 $ — $ 1,028,152 Total revenue $ 344,913 $ 158,052 $ 87,142 $ 29,218 $ 619,325 $ 275,220 $ 171,521 $ — $ 1,066,066 Net income $ 88,357 Other income, net (7,458 ) Interest expense, net 1,784 Equity in earnings of unconsolidated subsidiaries, net (2,181 ) Income tax provision 33,526 Operating income (loss) $ 80,818 $ 18,867 $ 14,631 $ 4,704 $ 119,020 $ 28,175 $ 19,940 $ (53,107 ) $ 114,028 Depreciation and amortization 3,515 1,764 1,045 350 6,674 13,427 1,882 5,614 27,597 Other income (loss), net 288 83 369 109 849 (22 ) 54 6,577 7,458 Equity in earnings of unconsolidated subsidiaries, net 426 — — — 426 — — 1,755 2,181 EBITDA 85,047 20,714 16,045 5,163 126,969 41,580 21,876 (39,161 ) 151,264 Restructuring charges, net 1,151 3,987 17 229 5,384 2,758 1,154 172 9,468 Acquisition costs — — — — — — — 959 959 Adjusted EBITDA $ 86,198 $ 24,701 $ 16,062 $ 5,392 $ 132,353 $ 44,338 $ 23,030 $ (38,030 ) $ 161,691 Identifiable assets (1) $ 327,446 $ 156,072 $ 94,099 $ 25,328 $ 602,945 $ 265,546 $ 103,782 $ 345,528 $ 1,317,801 Long-lived assets (1) $ 17,271 $ 3,885 $ 4,235 $ 966 $ 26,357 $ 12,377 $ 4,204 $ 19,150 $ 62,088 Goodwill (1) $ 49,603 $ 45,922 $ 972 $ — $ 96,497 $ 129,549 $ 28,394 $ — $ 254,440 Year Ended April 30, 2014 Executive Recruitment North EMEA Asia South Subtotal LTC Futurestep Corporate Consolidated (in thousands) Fee revenue $ 306,768 $ 147,917 $ 84,816 $ 29,374 $ 568,875 $ 254,636 $ 136,790 $ — $ 960,301 Total revenue $ 321,473 $ 152,525 $ 87,606 $ 29,586 $ 591,190 $ 262,962 $ 141,407 $ — $ 995,559 Net income $ 72,691 Other income, net (9,769 ) Interest expense, net 2,363 Equity in earnings of unconsolidated subsidiaries, net (2,169 ) Income tax provision 28,492 Operating income (loss) $ 70,256 $ 23,168 $ 17,274 $ 5,654 $ 116,352 $ 23,847 $ 13,352 $ (61,943 ) $ 91,608 Depreciation and amortization 3,579 2,727 1,383 323 8,012 12,491 1,797 3,872 26,172 Other income, net 631 632 203 303 1,769 106 583 7,311 9,769 Equity in earnings of unconsolidated subsidiaries, net 383 — — — 383 — — 1,786 2,169 EBITDA 74,849 26,527 18,860 6,280 126,516 36,444 15,732 (48,974 ) 129,718 Restructuring charges, net 816 460 60 — 1,336 1,149 1,134 63 3,682 Separation costs — — — — — — — 4,500 4,500 Integration costs — — — — — — — 394 394 Adjusted EBITDA $ 75,665 $ 26,987 $ 18,920 $ 6,280 $ 127,852 $ 37,593 $ 16,866 $ (44,017 ) $ 138,294 Identifiable assets (1) $ 295,865 $ 157,610 $ 83,292 $ 25,587 $ 562,354 $ 255,590 $ 111,036 $ 304,686 $ 1,233,666 Long-lived assets (1) $ 18,647 $ 5,515 $ 2,978 $ 1,168 $ 28,308 $ 11,976 $ 2,550 $ 17,600 $ 60,434 Goodwill (1) $ 52,086 $ 51,557 $ 972 $ — $ 104,615 $ 119,350 $ 33,617 $ — $ 257,582 Year Ended April 30, 2013 Executive Recruitment North EMEA Asia South Subtotal LTC Futurestep Corporate Consolidated (in thousands) Fee revenue $ 290,317 $ 128,807 $ 73,221 $ 30,134 $ 522,479 $ 168,115 $ 122,237 $ — $ 812,831 Total revenue $ 305,993 $ 132,988 $ 75,359 $ 30,491 $ 544,831 $ 176,566 $ 128,304 $ — $ 849,701 Net income $ 33,293 Other income, net (6,309 ) Interest expense, net 2,365 Equity in earnings of unconsolidated subsidiaries, net (2,110 ) Income tax provision 16,637 Operating income (loss) $ 58,832 $ 9,173 $ 6,973 $ 5,987 $ 80,965 $ 6,424 $ 10,975 $ (54,488 ) $ 43,876 Depreciation and amortization 4,726 2,347 1,546 372 8,991 6,012 1,180 2,821 19,004 Other income (loss), net 466 95 200 32 793 (75 ) 51 5,540 6,309 Equity in earnings of unconsolidated subsidiaries, net 434 — — — 434 — — 1,676 2,110 EBITDA 64,458 11,615 8,719 6,391 91,183 12,361 12,206 (44,451 ) 71,299 Restructuring charges, net 3,583 3,982 629 — 8,194 10,198 3,527 938 22,857 Integration/acquisition costs — — — — — — — 3,106 3,106 Separation costs — 516 — — 516 — — — 516 Adjusted EBITDA $ 68,041 $ 16,113 $ 9,348 $ 6,391 $ 99,893 $ 22,559 $ 15,733 $ (40,407 ) $ 97,778 Identifiable assets (1) $ 209,079 $ 148,491 $ 72,303 $ 23,616 $ 453,489 $ 248,611 $ 93,331 $ 319,798 $ 1,115,229 Long-lived assets (1) $ 19,167 $ 6,312 $ 2,784 $ 894 $ 29,157 $ 10,383 $ 2,523 $ 11,565 $ 53,628 Goodwill (1) $ 54,513 $ 50,264 $ 972 $ — $ 105,749 $ 119,090 $ 32,454 $ — $ 257,293 (1) As of the end of the fiscal year.
Fee Revenue Classified by Country	Fee revenue classified by country in which the Company derives revenues are as follows: Year Ended April 30, 2015 2014 2013 (in thousands) U.S. $ 557,024 $ 507,280 $ 416,987 Other countries 471,128 453,021 395,844 Total fee revenue $ 1,028,152 $ 960,301 $ 812,831
Long-Lived Assets, Excluding Financial Instruments and Tax Assets, Classified by Controlling Countries over Ten Percent	Long-lived assets, excluding financial instruments and tax assets, classified by controlling countries over 10% of the total are as follows: Year Ended April 30, 2015 2014 2013 (in thousands) U.S. (1) $ 50,103 $ 47,411 $ 40,200 Other countries 11,985 13,023 13,428 Total long-lived assets $ 62,088 $ 60,434 $ 53,628 (1) Includes Corporate long-lived assets

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
	Apr. 30, 2015
Summary Of Acquisitions	Following is a summary of acquisitions the Company completed during the periods indicated (no acquisitions were completed in fiscal 2014): Year Ended April 30, 2015 (1) 2013 (2) (3) (in thousands) Assets acquired $ 3,361 $ 32,784 Intangibles acquired 6,600 42,800 Liabilities acquired 2,691 31,506 Net assets acquired 7,270 44,078 Purchase price 17,496 126,917 Goodwill $ 10,226 $ 82,839 Acquisition costs $ 501 $ 2,710 Goodwill by segment — LTC $ 10,226 $ 82,839 (1) On March 1, 2015, the Company acquired all outstanding membership interest of Pivot Leadership, a global provider of innovative, customized and scalable executive development programs, for $17.5 million, net of cash acquired, which includes $2.2 million in contingent consideration. As of April 30, 2015, the contingent consideration is included in other liabilities in the accompanying consolidated balance sheets. The contingent consideration is based on the achievement of certain revenue targets and can be up to $6.5 million, payable in four installments in fiscal 2017 to 2020. The acquisition will allow us to integrate the Company’s talent management solution with Pivot’s executive learning capabilities. Actual results of operations of Pivot Leadership are included in the Company’s consolidated financial statements from March 1, 2015, the effective date of the acquisition, and include $3.7 million and $20.0 million in fee revenue and total assets, respectively, during fiscal 2015. (2) On December 31, 2012, the Company acquired all outstanding shares of Minneapolis-based PDI, a leading, globally-recognized provider of leadership assessment and development solutions, for $92.5 million, net of cash acquired, which includes $14.9 million in contingent consideration, for the achievement of certain post-closing synergies. During fiscal 2014, the Company paid $15.0 million (includes the interest accreted since December 31, 2012) in contingent consideration to the selling stockholders of PDI as a result of the achievement of certain pre-determined goals associated with expense synergies. PDI has been in business for over 45 years and operates in more than 20 global locations. The acquisition strengthens and expands the Company’s talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of PDI are included in the Company’s consolidated financial statements from December 31, 2012, the effective date of the acquisition. (3) On September 1, 2012, the Company acquired all outstanding membership interests of Global Novations, LLC, (“Global Novations”) a leading provider of diversity and inclusion and leadership development solutions, for $34.5 million in cash, net of cash acquired. Global Novations has more than 150 offerings designed to develop leaders, enable high-performing cultures and deliver business outcomes for its clients. Key diversity and inclusion and leadership offerings include consulting, training and education and e-learning. Global Novations has more than 30 years of experience and has served clients in more than 40 countries, including more than half of the Fortune 100. The acquisition strengthens and expands the Company’s talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of Global Novations are included in the Company’s consolidated financial statements from September 1, 2012, the effective date of the acquisition.

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Apr. 30, 2015
Changes In Carrying Value Of Goodwill By Reportable Segment	Changes in the carrying value of goodwill by reportable segment were as follows: Executive Recruitment North EMEA Asia Subtotal LTC Futurestep Consolidated (in thousands) Balance as of April 30, 2013 $ 54,513 $ 50,264 $ 972 $ 105,749 $ 119,090 $ 32,454 $ 257,293 Additions (1) — — — — 229 — 229 Exchange rate fluctuations (2,427 ) 1,293 — (1,134 ) 31 1,163 60 Balance as of April 30, 2014 52,086 51,557 972 104,615 119,350 33,617 257,582 Additions — — — — 10,226 — 10,226 Exchange rate fluctuations (2,483 ) (5,635 ) — (8,118 ) (27 ) (5,223 ) (13,368 ) Balance as of April 30, 2015 $ 49,603 $ 45,922 $ 972 $ 96,497 $ 129,549 $ 28,394 $ 254,440 (1) During fiscal 2014, adjustments to the preliminary purchase accounting allocation relating to the PDI acquisition, resulted in an increase in goodwill (see Note 12 — Acquisitions
Intangible assets	Intangible assets include the following: April 30, 2015 April 30, 2014 (in thousands) Amortized intangible assets: Gross Accumulated Net Gross Accumulated Net Customer lists $ 41,099 $ (12,578 ) $ 28,521 $ 34,899 $ (8,674 ) $ 26,225 Intellectual property 22,900 (10,130 ) 12,770 22,900 (7,009 ) 15,891 Proprietary databases 4,256 (2,351 ) 1,905 4,256 (1,925 ) 2,331 Trademarks 3,986 (3,291 ) 695 3,686 (2,559 ) 1,127 Non-compete agreements 910 (673 ) 237 810 (610 ) 200 Total $ 73,151 $ (29,023 ) 44,128 $ 66,551 $ (20,777 ) 45,774 Unamortized intangible assets: Trademarks 3,800 3,800 Exchange rate fluctuations (27 ) (14 ) Intangible assets $ 47,901 $ 49,560
Estimated Annual Amortization Expense Related To Amortizing Intangible Assets	Estimated annual amortization expense related to amortizing intangible assets is as follows: Year Ending April 30, Estimated (in thousands) 2016 $ 7,907 2017 6,332 2018 5,648 2019 4,394 2020 4,110 Thereafter 15,737 $ 44,128

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Apr. 30, 2015
Future Minimum Commitments Under Non-Cancelable Operating Leases	Future minimum commitments under non-cancelable operating leases with lease terms in excess of one year excluding commitments accrued in the restructuring liability are as follows: Year Ending April 30, Lease (in thousands) 2016 $ 41,624 2017 39,542 2018 35,958 2019 32,126 2020 30,715 Thereafter 137,451 $ 317,416

Quarterly Results (Tables)

Quarterly Results (Tables)	12 Months Ended
	Apr. 30, 2015
Schedule Of Unaudited Quarterly Information	The following table sets forth certain unaudited consolidated statement of income data for the quarters in fiscal 2015 and 2014. The unaudited quarterly information has been prepared on the same basis as the annual financial statements and, in management’s opinion, includes all adjustments necessary to present fairly the information for the quarters presented. Quarters Ended Fiscal 2015 Fiscal 2014 April 30 January 31 October 31 July 31 April 30 January 31 October 31 July 31 (in thousands, except per share data) Fee revenue $ 271,717 $ 249,545 $ 255,702 $ 251,188 $ 251,712 $ 242,184 $ 237,968 $ 228,437 Operating income $ 28,092 $ 32,927 $ 34,416 $ 18,593 $ 24,480 $ 27,302 $ 23,165 $ 16,661 Net income $ 25,482 $ 22,939 $ 25,403 $ 14,533 $ 21,211 $ 21,304 $ 18,759 $ 11,417 Net earnings per common share: Basic $ 0.51 $ 0.46 $ 0.52 $ 0.30 $ 0.44 $ 0.44 $ 0.39 $ 0.24 Diluted $ 0.51 $ 0.46 $ 0.51 $ 0.29 $ 0.43 $ 0.43 $ 0.38 $ 0.24

Organization and Summary of S39

Organization and Summary of Significant Accounting Policies - Additional Information (Detail)	12 Months Ended
	Apr. 30, 2015USD ($)CountryOffice	Apr. 30, 2014USD ($)	Apr. 30, 2013USD ($)
Organization And Summary Of Significant Accounting Policies [Line Items]
Number of offices | Office	78
Number of countries in which entity operates | Country	37
Investments in affiliated companies maximum	50.00%
Dividends received from unconsolidated subsidiary	$ 1,656,000	$ 2,120,000	$ 1,897,000
Deferred revenue	40,500,000	36,800,000
Cash equivalents	260,600,000	186,600,000
Realized loss of other-than-temporary impairment	0	0	0
Payment of contingent consideration from acquisitions		15,000,000
Impairment Charges	0	0	0
Impairment of goodwill	0
Impairment of intangible assets	0	0
Performance related bonus expenses	166,700,000	146,100,000	114,100,000
(Decrease) increase in performance related bonus expenses	(300,000)	(700,000)	(200,000)
Performance related bonus after reduction in the previous year estimate	166,400,000	145,400,000	113,900,000
Foreign currency losses/(gains), after tax	$ 1,600,000	(1,000,000)	$ 500,000
Minimum
Organization And Summary Of Significant Accounting Policies [Line Items]
Intangible assets estimated useful lives	1 year
Maximum
Organization And Summary Of Significant Accounting Policies [Line Items]
Intangible assets estimated useful lives	24 years
Csv Of Coli Contracts
Organization And Summary Of Significant Accounting Policies [Line Items]
Gross CSV	$ 172,300,000	167,200,000
Outstanding policy loans	69,600,000	72,900,000
Receivable on insolvency of insurance companies	$ 50,600,000	$ 45,900,000
Executive Capital Accumulation Plan
Organization And Summary Of Significant Accounting Policies [Line Items]
Deferred compensation arrangement vesting period	4 years
Software and Software Development Costs | Minimum
Organization And Summary Of Significant Accounting Policies [Line Items]
Property and equipment, estimated useful life, maximum	3 years
Software and Software Development Costs | Maximum
Organization And Summary Of Significant Accounting Policies [Line Items]
Property and equipment, estimated useful life, maximum	7 years
Other Capitalized Property Plant and Equipment | Minimum
Organization And Summary Of Significant Accounting Policies [Line Items]
Property and equipment, estimated useful life, maximum	3 years
Other Capitalized Property Plant and Equipment | Maximum
Organization And Summary Of Significant Accounting Policies [Line Items]
Property and equipment, estimated useful life, maximum	10 years

Basic and Diluted Earnings Pe40

Basic and Diluted Earnings Per Share - Additional Information (Detail) - shares shares in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from computation of earnings per share, shares		40	500
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive securities excluded from computation of earnings per share, shares	500

Basic and Diluted Earnings pe41

Basic and Diluted Earnings per Common Share Attributable to Common Stockholders (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended								12 Months Ended
	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Earnings Per Share Disclosure [Line Items]
Net income	$ 25,482	$ 22,939	$ 25,403	$ 14,533	$ 21,211	$ 21,304	$ 18,759	$ 11,417	$ 88,357	$ 72,691	$ 33,293
Less: distributed and undistributed earnings to nonvested restricted stockholders									860
Basic net earnings attributable to common stockholders									87,497	72,691	33,293
Add: undistributed earnings to nonvested restricted stockholders									815
Less: reallocation of undistributed earnings to nonvested restricted stockholders									804
Diluted net earnings attributable to common stockholders									$ 87,508	$ 72,691	$ 33,293
Basic weighted-average number of common shares outstanding									49,052	48,162	47,224
Diluted weighted-average number of common shares outstanding									49,766	49,145	47,883
Basic earnings per share	$ 0.51	$ 0.46	$ 0.52	$ 0.30	$ 0.44	$ 0.44	$ 0.39	$ 0.24	$ 1.78	$ 1.51	$ 0.71
Diluted earnings per share	$ 0.51	$ 0.46	$ 0.51	$ 0.29	$ 0.43	$ 0.43	$ 0.38	$ 0.24	$ 1.76	$ 1.48	$ 0.70
ESPP
Earnings Per Share Disclosure [Line Items]
Stock									4
Restricted Stock
Earnings Per Share Disclosure [Line Items]
Stock									605	789	485
Stock Options
Earnings Per Share Disclosure [Line Items]
Stock									105	194	174

Components of Accumulated Other

Components of Accumulated Other Comprehensive Loss (Detail) - USD ($) $ in Thousands	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation adjustments	$ (20,919)	$ 15,604
Deferred compensation and pension plan adjustments, net of taxes	(19,708)	(18,006)
Unrealized gains on marketable securities, net of taxes	4	14
Accumulated other comprehensive loss, net	$ (40,623)	$ (2,388)	$ (2,631)	$ 7,191

Changes in Each Component of Ac

Changes in Each Component of Accumulated Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Thousands		12 Months Ended
		Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning balance		$ (2,388)	$ (2,631)	$ 7,191
Unrealized (losses) gains arising during the period		(40,122)	(1,883)	(11,274)
Reclassification of realized net losses (gains) to net income		1,887	2,126	1,452
Accumulated other comprehensive income (loss), ending balance		(40,623)	(2,388)	(2,631)
Accumulated Translation Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning balance		15,604	17,559	22,813
Unrealized (losses) gains arising during the period		(36,523)	(1,955)	(5,254)
Accumulated other comprehensive income (loss), ending balance		(20,919)	15,604	17,559
Accumulated Defined Benefit Plans Adjustment
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning balance	[1]	(18,006)	(20,236)	(15,658)
Unrealized (losses) gains arising during the period	[1]	(3,589)	136	(6,033)
Reclassification of realized net losses (gains) to net income	[1]	1,887	2,094	1,455
Accumulated other comprehensive income (loss), ending balance	[1]	(19,708)	(18,006)	(20,236)
Accumulated Net Unrealized Investment Gain (Loss)
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), beginning balance		14	46	36
Unrealized (losses) gains arising during the period		(10)	(64)	13
Reclassification of realized net losses (gains) to net income			32	(3)
Accumulated other comprehensive income (loss), ending balance		$ 4	$ 14	$ 46
[1]	The tax effects on unrealized (losses) gains of $(2.3) million, $0.07 million and $(3.8) million as of April 30, 2015, 2014 and 2013, respectively. The tax effects on reclassifications of realized net losses of $1.2 million, $1.0 million and $0.9 million as of April 30, 2015, 2014 and 2013, respectively.

Changes in Each Component of 44

Changes in Each Component of Accumulated Other Comprehensive Income (Loss) (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Accumulated Other Comprehensive Income (Loss) [Line Items]
Tax effects on unrealized (losses) gains	$ (2,300)	$ 70	$ (3,800)
Tax effects on reclassifications of realized net losses	$ 1,200	$ 1,000	$ 900

Components of Stock-Based Compe

Components of Stock-Based Compensation Expense Recognized (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense, pre-tax	$ 13,899	$ 12,106	$ 11,906
Tax benefit from stock-based compensation expense	(3,893)	(3,484)	(4,142)
Total stock-based compensation expense, net of tax	10,006	8,622	7,764
Restricted Stock
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense, pre-tax	13,602	11,689	11,001
ESPP
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense, pre-tax	162
Stock Options
Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Line Items]
Total stock-based compensation expense, pre-tax	$ 135	$ 417	$ 905

Employee Stock Plans - Addition

Employee Stock Plans - Additional Information (Detail) - USD ($)	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock option grants	0	0	0
Aggregate intrinsic value of options outstanding	$ 3,200,000
Aggregate intrinsic value of options exercisable	3,200,000
Common stock repurchased, value	4,038,000	$ 2,249,000	$ 2,838,000
Cash proceeds from exercise of stock options	$ 2,993,000	$ 8,805,000	$ 2,134,000
Shares repurchased during the period	0	0	0
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares repurchased during the period	122,000	113,000	197,000
Time Based Restricted Stock | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Time Based Restricted Stock | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
Market Based Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Shares outstanding	300,000
Total unrecognized compensation cost related to non-vested awards	$ 3,700,000
Performance Based Restricted Stock Unit
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
Shares outstanding	200,000
Total unrecognized compensation cost related to non-vested awards	$ 2,400,000
Stock Options | Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock issued for stock options exercised	178,950	654,458	237,856
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total unrecognized compensation cost related to non-vested awards	$ 20,600,000
Expected cost recognized over weighted-average period	2 years 2 months 12 days
Shares repurchased during the period	121,775	112,792
Common stock repurchased, value	$ 4,038,000	$ 2,249,000
Stock Incentive Plan 2008
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock incentive plan, maximum number of shares issuable	5,700,000
Issuance of full-value stock awards limitation, required ratio to stock options	1.91
ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Authorized payroll deductions	15.00%
Authorized payroll deductions, value	$ 25,000
Fair market price of common stock	85.00%
Shares reserved for issuance	1,500,000
Amended shares reserved for issuance	3,000,000
Shares available for future issuance	1,600,000

Stock Options Transactions (Det

Stock Options Transactions (Detail) - Stock Options - $ / shares shares in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Options
Outstanding, beginning of year	396	1,100	1,492
Exercised	(179)	(655)	(238)
Forfeited/expired	(15)	(49)	(154)
Outstanding, end of year	202	396	1,100
Exercisable, end of year	192	337	864
Weighted Average Exercise Price
Outstanding, beginning of year	$ 16.23	$ 14.72	$ 14
Exercised	16.99	13.88	9.32
Forfeited/expired	17.72	13.42	16.87
Outstanding, end of year	15.45	16.23	14.72
Exercisable, end of year	$ 15.07	$ 16.11	$ 15.01

Employee Stock Plans (Outstandi

Employee Stock Plans (Outstanding Stock Options And SARs) (Detail) - Apr. 30, 2015 - $ / shares shares in Thousands	Total
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Options Outstanding, Shares	202
Options Outstanding, Weighted-Average Remaining Contractual Life (in years)	1 year 6 months
Options Outstanding, Weighted-Average Exercise Price	$ 15.45
Options Exercisable, Shares	192
Options Exercisable, Weighted-Average Remaining Contractual Life (in years)	1 year 4 months 24 days
Options Exercisable, Weighted-Average Exercise Price	$ 15.07
$9.75 - $ 13.82
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices, Minimum	9.75
Range of Exercise Prices, Maximum	$ 13.82
Options Outstanding, Shares	48
Options Outstanding, Weighted-Average Remaining Contractual Life (in years)	1 year 3 months 18 days
Options Outstanding, Weighted-Average Exercise Price	$ 10
Options Exercisable, Shares	48
Options Exercisable, Weighted-Average Remaining Contractual Life (in years)	1 year 3 months 18 days
Options Exercisable, Weighted-Average Exercise Price	$ 10
$13.83 - $ 15.83
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices, Minimum	13.83
Range of Exercise Prices, Maximum	$ 15.83
Options Outstanding, Shares	67
Options Outstanding, Weighted-Average Remaining Contractual Life (in years)	2 years 2 months 12 days
Options Outstanding, Weighted-Average Exercise Price	$ 13.94
Options Exercisable, Shares	67
Options Exercisable, Weighted-Average Remaining Contractual Life (in years)	2 years 2 months 12 days
Options Exercisable, Weighted-Average Exercise Price	$ 13.94
$15.84 - $ 19.88
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices, Minimum	15.84
Range of Exercise Prices, Maximum	$ 19.88
Options Outstanding, Shares	50
Options Outstanding, Weighted-Average Remaining Contractual Life (in years)	3 months 18 days
Options Outstanding, Weighted-Average Exercise Price	$ 17.96
Options Exercisable, Shares	50
Options Exercisable, Weighted-Average Remaining Contractual Life (in years)	3 months 18 days
Options Exercisable, Weighted-Average Exercise Price	$ 17.96
$19.89 - $ 24.08
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of Exercise Prices, Minimum	19.89
Range of Exercise Prices, Maximum	$ 24.08
Options Outstanding, Shares	37
Options Outstanding, Weighted-Average Remaining Contractual Life (in years)	2 years 3 months 18 days
Options Outstanding, Weighted-Average Exercise Price	$ 21.87
Options Exercisable, Shares	27
Options Exercisable, Weighted-Average Remaining Contractual Life (in years)	1 year 10 months 24 days
Options Exercisable, Weighted-Average Exercise Price	$ 21.55

Additional Information Pertaini

Additional Information Pertaining to Stock Options (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total fair value of stock options vested	$ 334	$ 984	$ 1,001
Total intrinsic value of stock options exercised	$ 2,425	$ 6,108	$ 1,547

Restricted Stock Activity (Deta

Restricted Stock Activity (Detail) - Restricted Stock - $ / shares shares in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares, Non-vested, beginning of year	1,880	1,810	1,781
Shares, Granted	438	809	889
Shares, Vested	(705)	(535)	(780)
Shares, Forfeited/expired	(53)	(204)	(80)
Shares, Non-vested, end of year	1,560	1,880	1,810
Weighted-Average Grant Date Fair Value, Non-vested, beginning of year	$ 18.95	$ 16.38	$ 16.76
Weighted-Average Grant Date Fair Value, Granted	29.93	21.32	13.93
Weighted-Average Grant Date Fair Value, Vested	18.52	14.54	14.99
Weighted-Average Grant Date Fair Value, Forfeited/expired	21.13	17.19	16.43
Weighted-Average Grant Date Fair Value, Non-vested, end of year	$ 22.15	$ 18.95	$ 16.38

Summary of Marketable Securitie

Summary of Marketable Securities (Detail) - USD ($) $ in Thousands		Apr. 30, 2015	Apr. 30, 2014
Schedule Of Marketable Securities [Line Items]
Trading	[1],[2]	$ 131,399	$ 116,207
Less: current portion of marketable securities	[1],[2]	(12,580)	(4,510)
Non-current marketable securities	[1],[2]	118,819	111,697
Available-for-Sale	[1]	13,177	18,352
Less: current portion of marketable securities	[1]	(13,177)	(5,056)
Non-current marketable securities	[1]		13,296
Total		144,576	134,559
Less: current portion of marketable securities		(25,757)	(9,566)
Non-current marketable securities		118,819	124,993
Mutual Funds
Schedule Of Marketable Securities [Line Items]
Trading	[1],[2]	131,399	116,207
Total		131,399	116,207
Corporate Bonds
Schedule Of Marketable Securities [Line Items]
Available-for-Sale	[1]	13,177	18,352
Total		$ 13,177	$ 18,352
[1]	The Company's financial assets measured at fair value on a recurring basis include trading securities classified as Level 1 and available-for-sale securities classified as Level 2. As of April 30, 2015 and 2014, the Company had no investments classified as Level 3.
[2]	These investments are held in trust for settlement of the Company's vested and unvested obligations of $129.1 million and $117.6 million as of April 30, 2015 and 2014, respectively, under the ECAP (see Note 6 - Deferred Compensation and Retirement Plans). During fiscal 2015, 2014 and 2013, the fair value of the investments increased; therefore, the Company recognized income of $8.8 million, $9.5 million, and $7.6 million, respectively, which was recorded in other income, net.

Summary of Marketable Securit52

Summary of Marketable Securities (Parenthetical) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Schedule Of Marketable Securities [Line Items]
Obligations for which assets are held in trust	$ 129,100	$ 117,600
Recognized investment (loss) income	$ 8,829	$ 9,498	$ 7,556

Amortized Cost and Fair Values

Amortized Cost and Fair Values of Marketable Securities Classified as Available-For-Sale Investments (Detail) - USD ($) $ in Thousands		Apr. 30, 2015	Apr. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Estimated Fair Value	[1]	$ 13,177	$ 18,352
Corporate Bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost		13,167	18,325
Gross Unrealized Gains		11	31
Gross Unrealized Losses	[2]	(1)	(4)
Estimated Fair Value	[1]	$ 13,177	$ 18,352
[1]	The Company's financial assets measured at fair value on a recurring basis include trading securities classified as Level 1 and available-for-sale securities classified as Level 2. As of April 30, 2015 and 2014, the Company had no investments classified as Level 3.
[2]	There are no marketable securities that have been in a continuous unrealized loss position for 12 months or more.

Amortized Cost and Fair Value54

Amortized Cost and Fair Values of Marketable Securities Classified as Available-For-Sale Investments (Parenthetical) (Detail) - USD ($)	Apr. 30, 2015	Apr. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Marketable securities that have been in a continuous unrealized loss position for 12 months or more	$ 0	$ 0

Marketable Securities - Additio

Marketable Securities - Additional Information (Detail) - USD ($) $ in Thousands		12 Months Ended
		Apr. 30, 2015	Apr. 30, 2014
Schedule Of Marketable Securities [Line Items]
Proceeds from sales/maturities of available-for-sale securities		$ 5,000	$ 33,300
Trading securities	[1],[2]	131,399	116,207
Gross unrealized gains		8,300	9,200
Gross unrealized losses		$ 200	$ 700
Minimum
Schedule Of Marketable Securities [Line Items]
Available-for-sale marketable securities, remaining maturities		1 month
Maximum
Schedule Of Marketable Securities [Line Items]
Available-for-sale marketable securities, remaining maturities		8 months
[1]	The Company's financial assets measured at fair value on a recurring basis include trading securities classified as Level 1 and available-for-sale securities classified as Level 2. As of April 30, 2015 and 2014, the Company had no investments classified as Level 3.
[2]	These investments are held in trust for settlement of the Company's vested and unvested obligations of $129.1 million and $117.6 million as of April 30, 2015 and 2014, respectively, under the ECAP (see Note 6 - Deferred Compensation and Retirement Plans). During fiscal 2015, 2014 and 2013, the fair value of the investments increased; therefore, the Company recognized income of $8.8 million, $9.5 million, and $7.6 million, respectively, which was recorded in other income, net.

Deferred Compensation And Ret56

Deferred Compensation And Retirement Plans (Total Long-Term Benefit Obligations) (Detail) - USD ($) $ in Thousands	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2012
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	$ 191,446	$ 179,612
Less: current portion of benefit obligation	(18,014)	(10,377)
Non-current benefit obligation	173,432	169,235
Total benefit obligations	191,446	179,612
Deferred Compensation Plan
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	83,876	82,153	$ 85,562	$ 78,479
Less: current portion of benefit obligation	(5,554)	(5,593)	(5,182)
Non-current benefit obligation	78,322	76,560	80,380
Total benefit obligations	83,876	82,153	85,562	78,479
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	5,262	4,424	4,536	4,214
Less: current portion of benefit obligation	(278)	(274)	(232)
Non-current benefit obligation	4,984	4,150	4,304
Total benefit obligations	5,262	4,424	4,536	$ 4,214
International Retirement Plans
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	2,847	3,727
Total benefit obligations	2,847	3,727
Executive Capital Accumulation Plan
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	99,461	89,308	75,913
Less: current portion of benefit obligation	(12,182)	(4,510)
Non-current benefit obligation	87,279	84,798
Total benefit obligations	$ 99,461	$ 89,308	$ 75,913

Deferred Compensation and Ret57

Deferred Compensation and Retirement Plans - Additional Information (Detail)	12 Months Ended
	Apr. 30, 2015USD ($)Person	Apr. 30, 2014USD ($)Person	Apr. 30, 2013USD ($)	Apr. 30, 2012USD ($)
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	$ 191,446,000	$ 179,612,000
Recognized investment income	8,829,000	9,498,000	$ 7,556,000
Increase in market value of the underlying COLI investments	10,509,000	8,242,000	6,502,000
Net CSV	102,691,000	94,274,000
Csv Of Coli Contracts
Defined Benefit Plan Disclosure [Line Items]
Gross CSV	172,300,000	167,200,000
Outstanding policy loans	69,600,000	72,900,000
Total death benefits payable, net of loans	216,500,000	214,200,000
Increase in market value of the underlying COLI investments	$ 10,509,000	8,242,000	6,502,000
Enhanced Wealth Accumulation Plan
Defined Benefit Plan Disclosure [Line Items]
Participant contribution period towards deferred compensation plans (in years)	8 years
Participant after tax contribution period towards deferred compensation plans (in years)	15 years
Additional deferred units to acquire (in years)	5 years
Senior Executive Incentive Plan
Defined Benefit Plan Disclosure [Line Items]
Participant contribution period towards deferred compensation plans (in years)	4 years
Participant after tax contribution period towards deferred compensation plans (in years)	15 years
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Participant employment term, maximum years	20 years
Total benefit obligation	$ 5,262,000	4,424,000	4,536,000	$ 4,214,000
Executive Capital Accumulation Plan
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	99,461,000	89,308,000	75,913,000
Company's contributions	$ 19,100,000	17,200,000	20,000,000
Deferred compensation arrangement vesting period	4 years
Gain on investment	$ 5,871,000	8,884,000	6,300,000
Company's contributions, unamortized portion	29,700,000	28,300,000
International Retirement Plans
Defined Benefit Plan Disclosure [Line Items]
Total benefit obligation	$ 2,847,000	$ 3,727,000
Long-term benefit obligation accrued, number of participants | Person	393	383
Company's contributions	$ 500,000	$ 600,000
Defined Contribution Plan
Defined Benefit Plan Disclosure [Line Items]
Company's matching contributions	$ 1,600,000	1,200,000	0
Percentage contribution by the participants to defined contribution plan	50.00%
Company Owned Life Insurance Held In Trust | Csv Of Coli Contracts
Defined Benefit Plan Disclosure [Line Items]
Net CSV	$ 72,200,000
Total death benefits payable, net of loans held in trust	123,800,000
Deferred Compensation Plan
Defined Benefit Plan Disclosure [Line Items]
Deferred compensation and pension plans in periodic benefit expense cost expected to be recognized	2,900,000
Total benefit obligation	$ 83,876,000	$ 82,153,000	$ 85,562,000	$ 78,479,000

Deferred Compensation And Ret58

Deferred Compensation And Retirement Plans (Reconciliation Of Benefit Obligation) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation, beginning of year	$ 179,612
Benefit obligation, end of year	191,446	$ 179,612
Less: current portion of benefit obligation				$ (18,014)	$ (10,377)
Non-current benefit obligation				173,432	169,235
Benefit obligation, end of year	179,612	179,612		191,446	179,612
Deferred Compensation Plan
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation, beginning of year	82,153	85,562	$ 78,479
Interest cost	2,835	2,566	2,868
Actuarial loss	4,863	(294)	9,420
Benefits paid	(5,975)	(5,681)	(5,205)
Benefit obligation, end of year	83,876	82,153	85,562
Less: current portion of benefit obligation				(5,554)	(5,593)	$ (5,182)
Non-current benefit obligation				78,322	76,560	80,380
Benefit obligation, end of year	82,153	85,562	78,479	83,876	82,153	85,562
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation, beginning of year	4,424	4,536	4,214
Interest cost	154	137	154
Actuarial loss	1,001	92	426
Benefits paid	(317)	(341)	(258)
Benefit obligation, end of year	5,262	4,424	4,536
Less: current portion of benefit obligation				(278)	(274)	(232)
Non-current benefit obligation				4,984	4,150	4,304
Benefit obligation, end of year	4,424	4,536	4,214	5,262	4,424	4,536
Executive Capital Accumulation Plan
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation, beginning of year	89,308	75,913
Employee contributions	3,048	2,748
Amortization of employer contributions	12,378	11,467
Gain on investment	5,871	8,884	6,300
Benefits paid	(10,295)	(9,044)
Exchange rate fluctuations	(849)	(660)
Benefit obligation, end of year	99,461	89,308	75,913
Less: current portion of benefit obligation				(12,182)	(4,510)
Non-current benefit obligation				87,279	84,798
Benefit obligation, end of year	$ 89,308	$ 75,913	$ 75,913	$ 99,461	$ 89,308	$ 75,913

Components of Net Periodic Bene

Components of Net Periodic Benefit Costs (Detail) - Deferred Compensation Plan - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 2,835	$ 2,566	$ 2,868
Amortization of actuarial loss	3,029	3,111	2,357
Net periodic benefit cost	$ 5,864	$ 5,677	$ 5,225

Deferred Compensation And Ret60

Deferred Compensation And Retirement Plans (Weighted-Average Assumptions Used In Calculating The Benefit Obligations) (Detail)	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Deferred Compensation Plan
Defined Benefit Plan Disclosure [Line Items]
Rate of compensation increase	0.00%	0.00%	0.00%
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
Rate of compensation increase	0.00%	0.00%	0.00%

Deferred Compensation And Ret61

Deferred Compensation And Retirement Plans (Components Of Net Periodic Benefit Costs) (Detail) - Pension Plans, Defined Benefit - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 154	$ 137	$ 154
Amortization of actuarial loss	21	8	18
Net periodic benefit cost	$ 175	$ 145	$ 172

Deferred Compensation And Ret62

Deferred Compensation And Retirement Plans (Expected Benefit Payments Associated With Future Service) (Detail) $ in Thousands	Apr. 30, 2015USD ($)
Deferred Compensation Plan
Defined Benefit Plan Disclosure [Line Items]
2,016	$ 6,487
2,017	6,418
2,018	6,192
2,019	6,096
2,020	6,375
2021-2025	30,904
Pension Plans, Defined Benefit
Defined Benefit Plan Disclosure [Line Items]
2,016	322
2,017	328
2,018	331
2,019	327
2,020	331
2021-2025	$ 1,487

Restructuring Charges, Net - Ad

Restructuring Charges, Net - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 9,468	$ 3,682	$ 22,857
Restructuring liability included in other long-term liabilities	$ 300	700
Long-term restructuring liability, payment term	3 years
Severance
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 9,224	823	16,300
Facilities
Restructuring Cost and Reserve [Line Items]
Restructuring charges, net	$ 244	$ 2,859	$ 6,500

Changes In Restructuring Liabil

Changes In Restructuring Liability (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Restructuring Cost and Reserve [Line Items]
Liability, Beginning period	$ 2,813	$ 11,548
Restructuring charges, net	9,468	3,682	$ 22,857
Reductions for cash payments	(10,582)	(12,705)
Exchange rate fluctuations	(553)	288
Liability, Ending period	1,146	2,813	11,548
Severance
Restructuring Cost and Reserve [Line Items]
Liability, Beginning period		4,819
Restructuring charges, net	9,224	823	16,300
Reductions for cash payments	(8,396)	(5,884)
Exchange rate fluctuations	(453)	242
Liability, Ending period	375		4,819
Facilities
Restructuring Cost and Reserve [Line Items]
Liability, Beginning period	2,813	6,729
Restructuring charges, net	244	2,859	6,500
Reductions for cash payments	(2,186)	(6,821)
Exchange rate fluctuations	(100)	46
Liability, Ending period	$ 771	$ 2,813	$ 6,729

Summary of Restructuring Liabil

Summary of Restructuring Liability by Segment (Detail) - USD ($) $ in Thousands	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	$ 1,146	$ 2,813	$ 11,548
Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	4
Executive Recruitment
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	473	572
Executive Recruitment | North America
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	51	193
Executive Recruitment | EMEA
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	422	379
LTC
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	378	1,587
Futurestep
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	291	654
Severance
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	375		4,819
Severance | Corporate
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	4
Severance | Executive Recruitment
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	261
Severance | Executive Recruitment | North America
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	51
Severance | Executive Recruitment | EMEA
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	210
Severance | LTC
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	58
Severance | Futurestep
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	52
Facilities
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	771	2,813	$ 6,729
Facilities | Executive Recruitment
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	212	572
Facilities | Executive Recruitment | North America
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve		193
Facilities | Executive Recruitment | EMEA
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	212	379
Facilities | LTC
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	320	1,587
Facilities | Futurestep
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve	$ 239	$ 654

Provision Benefit For Domestic

Provision Benefit For Domestic And Foreign Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Current income taxes:
Federal	$ 16,569	$ 6,982	$ 4,100
State	2,412	1,939	1,237
Foreign	13,650	15,502	8,759
Current provision for income taxes	32,631	24,423	14,096
Deferred income taxes:
Federal	3,140	5,094	(423)
State	(239)	177	1,895
Foreign	(2,006)	(1,202)	1,069
Deferred provision for income taxes	895	4,069	2,541
Total provision for income taxes	$ 33,526	$ 28,492	$ 16,637

Domestic and Foreign Components

Domestic and Foreign Components of Income (Loss) From Continuing Operations Before Domestic and Foreign Income and Other Taxes And Equity in Earnings of Unconsolidated Subsidiaries (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Income Taxes [Line Items]
Domestic	$ 65,885	$ 42,411	$ 15,915
Foreign	53,817	56,603	31,905
Income before provision for income taxes and equity in earnings of unconsolidated subsidiaries	$ 119,702	$ 99,014	$ 47,820

Reconciliation of Statutory Fed

Reconciliation of Statutory Federal Income Tax Rate to Effective Consolidated Tax Rate (Detail)	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Income Taxes [Line Items]
U.S. federal statutory income tax rate	35.00%	35.00%	35.00%
Foreign source income, net of credits generated	0.40%	2.00%	0.60%
Foreign tax rates differential	(4.20%)	(4.70%)	(3.70%)
COLI increase, net	(3.10%)	(2.90%)	(4.80%)
Conclusion of U.S. federal tax audit		(2.70%)
State income taxes, net of federal benefit	0.90%	1.50%	5.70%
Change in uncertain tax positions	(0.10%)	1.10%	1.90%
Other	(0.90%)	(0.50%)	0.10%
Effective income tax rate	28.00%	28.80%	34.80%

Components of Deferred Tax Asse

Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Apr. 30, 2015	Apr. 30, 2014
Income Taxes [Line Items]
Deferred compensation	$ 71,182	$ 66,359
Loss and credit carryforwards	26,211	35,177
Reserves and accruals	9,344	8,706
Deferred rent	6,432	5,575
Deferred revenue	277	1,672
Allowance for doubtful accounts	1,831	1,536
Other	6,629	6,531
Gross deferred tax assets	121,906	125,556
Intangibles	(20,828)	(21,507)
Property and equipment	(6,289)	(6,277)
Prepaid expenses	(7,687)	(5,600)
Other	(5,653)	(5,678)
Gross deferred tax liabilities	(40,457)	(39,062)
Valuation allowances	(21,608)	(26,969)
Net deferred tax asset	$ 59,841	$ 59,525

Deferred Tax Amounts (Detail)

Deferred Tax Amounts (Detail) - USD ($) $ in Thousands	Apr. 30, 2015	Apr. 30, 2014
Income Taxes [Line Items]
Current, Deferred tax assets	$ 14,600	$ 15,591
Current, Deferred tax liabilities	(10,488)	(10,813)
Valuation allowance	(285)	(292)
Current, Deferred tax asset	3,827	4,486
Non-current, Deferred tax asset	107,306	109,965
Non-current, Deferred tax liabilities	(29,969)	(28,249)
Valuation allowance	(21,323)	(26,677)
Non-current deferred tax asset, net	56,014	55,039
Net deferred tax asset	$ 59,841	$ 59,525

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Schedule Of Income Taxes [Line Items]
Undistributed earning of foreign subsidiaries	$ 241,800,000
Unrecognized tax benefits liability	2,423,000	$ 2,701,000	$ 3,400,000
Unrecognized tax benefits, reductions resulting from resolution	(1,400,000)
Unrecognized tax benefits, accrued interest and penalties	700,000	700,000
Unrecognized tax benefits, interest	100,000	100,000	$ 0
Internal Revenue Service (IRS)
Schedule Of Income Taxes [Line Items]
Net operating loss carryforward	$ 5,000,000	$ 12,200,000
Net operating loss carryforward, beginning expiration	2,028
State and Local Jurisdiction
Schedule Of Income Taxes [Line Items]
Net operating loss carryforward	$ 21,800,000
Net operating loss carryforward, beginning expiration	2,016
Foreign Tax Authority
Schedule Of Income Taxes [Line Items]
Net operating loss carryforward	$ 85,600,000
Net operating loss carryforward, beginning expiration	2,016

Changes in Unrecognized Tax Ben

Changes in Unrecognized Tax Benefits (Detail) - USD ($) $ in Thousands	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Income Taxes [Line Items]
Unrecognized tax benefits, beginning of year	$ 2,701	$ 3,400
Settlement with tax authority	(497)	(1,946)
Additions based on tax positions related to the current year	219	279	$ 1,454
Additions based on tax positions related to prior years		968	1,946
Unrecognized tax benefits, end of year	$ 2,423	$ 2,701	$ 3,400

Property And Equipment (Detail)

Property And Equipment (Detail) - USD ($) $ in Thousands		Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Property, Plant and Equipment [Line Items]
Property and equipment, gross		$ 204,943	$ 192,369
Less: accumulated depreciation and amortization		(142,855)	(131,935)
Property and equipment, net	[1]	62,088	60,434	$ 53,628
Computer equipment and software
Property, Plant and Equipment [Line Items]
Property and equipment, gross	[2]	125,815	113,941
Leasehold improvements
Property, Plant and Equipment [Line Items]
Property and equipment, gross		44,832	43,994
Furniture and fixtures
Property, Plant and Equipment [Line Items]
Property and equipment, gross		32,800	32,727
Automobiles
Property, Plant and Equipment [Line Items]
Property and equipment, gross		$ 1,496	$ 1,707
[1]	As of the end of the fiscal year.
[2]	Depreciation expense for capitalized software was $9.0 million, $6.0 million and $4.0 million during fiscal 2015, 2014 and 2013, respectively. The net book value of the Company's computer software costs included in property and equipment, net was $28.7 million and $26.4 million as of April 30, 2015 and 2014, respectively.

Property And Equipment (Parenth

Property And Equipment (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Property, Plant and Equipment [Line Items]
Depreciation expense for capitalized software	$ 9	$ 6	$ 4
Net book value of capitalized software	$ 28.7	$ 26.4

Property And Equipment - Additi

Property And Equipment - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Property, Plant and Equipment [Line Items]
Depreciation expense for property and equipment	$ 19.4	$ 17.5	$ 14

Long-Term Debt - Additional Inf

Long-Term Debt - Additional Information (Detail) - USD ($)	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014
Debt Instrument [Line Items]
Financial covenants amount	$ 50,000,000
Interest rate description	Borrowings under the Facility bear interest, at the election of the Company, at the London Interbank Offered Rate (“LIBOR”) plus the applicable margin or the base rate plus the applicable margin. The base rate is the highest of (i) the published prime rate, (ii) the federal funds rate plus 1.50%, or (iii) one month LIBOR plus 1.50%. The applicable margin is based on a percentage per annum determined in accordance with a specified pricing grid based on the total funded debt to adjusted EBITDA ratio. For LIBOR loans, the applicable margin will range from 0.50% to 1.50% per annum, while for base rate loans the applicable margin will range from 0.00% to 0.25% per annum. The Company is required to pay a quarterly commitment fee of 0.25% to 0.35% on the Facility’s average daily unused commitments based on the Company’s funded debt to adjusted EBITDA ratio.
Covenant description	The financial covenants include a maximum total funded debt to adjusted EBITDA ratio and a minimum adjusted EBITDA. As of April 30, 2015, the Company is in compliance with its financial covenants. In addition, there is a domestic liquidity requirement that the Company maintain $50.0 million in unrestricted cash and/or marketable securities (excluding any marketable securities that are held in trust for the settlement of the Company’s obligation under certain deferred compensation plans) as a condition to consummating permitted acquisitions, paying dividends to our shareholders and share repurchases of our common stock.
Value of common shares repurchases permitted, dividends paid and permitted acquisitions for any fiscal year	$ 125,000,000
Dividend payable subject to certain conditions	50,000,000
Long-term debt	$ 0	$ 0
Minimum
Debt Instrument [Line Items]
Quarterly Commitment Fees on the Facility's unused commitments	0.25%
Maximum
Debt Instrument [Line Items]
Quarterly Commitment Fees on the Facility's unused commitments	0.35%
Federal Funds Rate
Debt Instrument [Line Items]
Applicable margin on variable interest rate	1.50%
London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Applicable margin on variable interest rate	1.50%
London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Applicable margin on variable interest rate	0.50%
London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Applicable margin on variable interest rate	1.50%
Base Rate Loans | Minimum
Debt Instrument [Line Items]
Applicable margin on variable interest rate	0.00%
Base Rate Loans | Maximum
Debt Instrument [Line Items]
Applicable margin on variable interest rate	0.25%
Standby Letters of Credit
Debt Instrument [Line Items]
Long-term debt arrangement	$ 2,800,000	2,800,000
Revolving Credit Facility
Debt Instrument [Line Items]
Senior Unsecured Revolving Facility, maximum borrowing capacity	75,000,000
Senior Unsecured Revolving Facility, additional borrowing capacity	$ 50,000,000
Senior Unsecured Revolving Facility, maturity date	Jan. 18, 2018
Revolving Credit Facility | Letter of Credit
Debt Instrument [Line Items]
Senior Unsecured Revolving Facility, maximum borrowing capacity	$ 15,000,000
Other Financial Institutions | Standby Letters of Credit
Debt Instrument [Line Items]
Long-term debt arrangement	1,600,000	1,500,000
Csv Of Coli Contracts
Debt Instrument [Line Items]
Outstanding policy loans	$ 69,600,000	$ 72,900,000
Csv Of Coli Contracts | Minimum
Debt Instrument [Line Items]
Interest payable fixed and variable rates	4.76%
Csv Of Coli Contracts | Maximum
Debt Instrument [Line Items]
Interest payable fixed and variable rates	8.00%

Business Segments - Additional

Business Segments - Additional Information (Detail)	12 Months Ended
	Apr. 30, 2015Segment
Segment Reporting Information [Line Items]
Number of business segments	3

Business Segments (Detail)

Business Segments (Detail) - USD ($) $ in Thousands		3 Months Ended								12 Months Ended
		Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Segment Reporting Information [Line Items]
Fee revenue		$ 271,717	$ 249,545	$ 255,702	$ 251,188	$ 251,712	$ 242,184	$ 237,968	$ 228,437	$ 1,028,152	$ 960,301	$ 812,831
Total revenue										1,066,066	995,559	849,701
Net income		25,482	22,939	25,403	14,533	21,211	21,304	18,759	11,417	88,357	72,691	33,293
Other income, net										(7,458)	(9,769)	(6,309)
Interest (income) expense, net										1,784	2,363	2,365
Equity in earnings of unconsolidated subsidiaries, net										(2,181)	(2,169)	(2,110)
Income tax provision										33,526	28,492	16,637
Operating income		28,092	$ 32,927	$ 34,416	$ 18,593	24,480	$ 27,302	$ 23,165	$ 16,661	114,028	91,608	43,876
Depreciation and amortization										27,597	26,172	19,004
Other income (loss), net										7,458	9,769	6,309
Equity in earnings of unconsolidated subsidiaries, net										2,181	2,169	2,110
EBITDA										151,264	129,718	71,299
Restructuring charges, net										9,468	3,682	22,857
Integration/acquisition costs												3,106
Acquisition costs										959
Separation costs											4,500	516
Integration costs											394
Adjusted EBITDA										161,691	138,294	97,778
Identifiable assets	[1]	1,317,801				1,233,666				1,317,801	1,233,666	1,115,229
Long-lived assets	[1]	62,088				60,434				62,088	60,434	53,628
Goodwill	[1]	254,440				257,582				254,440	257,582	257,293
Operating Segments | Executive Recruitment
Segment Reporting Information [Line Items]
Fee revenue										597,407	568,875	522,479
Total revenue										619,325	591,190	544,831
Operating income										119,020	116,352	80,965
Depreciation and amortization										6,674	8,012	8,991
Other income (loss), net										849	1,769	793
Equity in earnings of unconsolidated subsidiaries, net										426	383	434
EBITDA										126,969	126,516	91,183
Restructuring charges, net										5,384	1,336	8,194
Separation costs												516
Adjusted EBITDA										132,353	127,852	99,893
Identifiable assets	[1]	602,945				562,354				602,945	562,354	453,489
Long-lived assets	[1]	26,357				28,308				26,357	28,308	29,157
Goodwill	[1]	96,497				104,615				96,497	104,615	105,749
Operating Segments | Executive Recruitment | North America
Segment Reporting Information [Line Items]
Fee revenue										330,634	306,768	290,317
Total revenue										344,913	321,473	305,993
Operating income										80,818	70,256	58,832
Depreciation and amortization										3,515	3,579	4,726
Other income (loss), net										288	631	466
Equity in earnings of unconsolidated subsidiaries, net										426	383	434
EBITDA										85,047	74,849	64,458
Restructuring charges, net										1,151	816	3,583
Adjusted EBITDA										86,198	75,665	68,041
Identifiable assets	[1]	327,446				295,865				327,446	295,865	209,079
Long-lived assets	[1]	17,271				18,647				17,271	18,647	19,167
Goodwill	[1]	49,603				52,086				49,603	52,086	54,513
Operating Segments | Executive Recruitment | EMEA
Segment Reporting Information [Line Items]
Fee revenue										153,465	147,917	128,807
Total revenue										158,052	152,525	132,988
Operating income										18,867	23,168	9,173
Depreciation and amortization										1,764	2,727	2,347
Other income (loss), net										83	632	95
EBITDA										20,714	26,527	11,615
Restructuring charges, net										3,987	460	3,982
Separation costs												516
Adjusted EBITDA										24,701	26,987	16,113
Identifiable assets	[1]	156,072				157,610				156,072	157,610	148,491
Long-lived assets	[1]	3,885				5,515				3,885	5,515	6,312
Goodwill	[1]	45,922				51,557				45,922	51,557	50,264
Operating Segments | Executive Recruitment | Asia Pacific
Segment Reporting Information [Line Items]
Fee revenue										84,148	84,816	73,221
Total revenue										87,142	87,606	75,359
Operating income										14,631	17,274	6,973
Depreciation and amortization										1,045	1,383	1,546
Other income (loss), net										369	203	200
EBITDA										16,045	18,860	8,719
Restructuring charges, net										17	60	629
Adjusted EBITDA										16,062	18,920	9,348
Identifiable assets	[1]	94,099				83,292				94,099	83,292	72,303
Long-lived assets	[1]	4,235				2,978				4,235	2,978	2,784
Goodwill	[1]	972				972				972	972	972
Operating Segments | Executive Recruitment | South America
Segment Reporting Information [Line Items]
Fee revenue										29,160	29,374	30,134
Total revenue										29,218	29,586	30,491
Operating income										4,704	5,654	5,987
Depreciation and amortization										350	323	372
Other income (loss), net										109	303	32
EBITDA										5,163	6,280	6,391
Restructuring charges, net										229
Adjusted EBITDA										5,392	6,280	6,391
Identifiable assets	[1]	25,328				25,587				25,328	25,587	23,616
Long-lived assets	[1]	966				1,168				966	1,168	894
Operating Segments | LTC
Segment Reporting Information [Line Items]
Fee revenue										267,018	254,636	168,115
Total revenue										275,220	262,962	176,566
Operating income										28,175	23,847	6,424
Depreciation and amortization										13,427	12,491	6,012
Other income (loss), net										(22)	106	(75)
EBITDA										41,580	36,444	12,361
Restructuring charges, net										2,758	1,149	10,198
Adjusted EBITDA										44,338	37,593	22,559
Identifiable assets	[1]	265,546				255,590				265,546	255,590	248,611
Long-lived assets	[1]	12,377				11,976				12,377	11,976	10,383
Goodwill	[1]	129,549				119,350				129,549	119,350	119,090
Operating Segments | Futurestep
Segment Reporting Information [Line Items]
Fee revenue										163,727	136,790	122,237
Total revenue										171,521	141,407	128,304
Operating income										19,940	13,352	10,975
Depreciation and amortization										1,882	1,797	1,180
Other income (loss), net										54	583	51
EBITDA										21,876	15,732	12,206
Restructuring charges, net										1,154	1,134	3,527
Adjusted EBITDA										23,030	16,866	15,733
Identifiable assets	[1]	103,782				111,036				103,782	111,036	93,331
Long-lived assets	[1]	4,204				2,550				4,204	2,550	2,523
Goodwill	[1]	28,394				33,617				28,394	33,617	32,454
Corporate
Segment Reporting Information [Line Items]
Operating income										(53,107)	(61,943)	(54,488)
Depreciation and amortization										5,614	3,872	2,821
Other income (loss), net										6,577	7,311	5,540
Equity in earnings of unconsolidated subsidiaries, net										1,755	1,786	1,676
EBITDA										(39,161)	(48,974)	(44,451)
Restructuring charges, net										172	63	938
Integration/acquisition costs												3,106
Acquisition costs										959
Separation costs											4,500
Integration costs											394
Adjusted EBITDA										(38,030)	(44,017)	(40,407)
Identifiable assets	[1]	345,528				304,686				345,528	304,686	319,798
Long-lived assets	[1]	$ 19,150				$ 17,600				$ 19,150	$ 17,600	$ 11,565
[1]	As of the end of the fiscal year.

Fee Revenue Classified by Count

Fee Revenue Classified by Country (Detail) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Segment Reporting Information [Line Items]
Fee revenue	$ 271,717	$ 249,545	$ 255,702	$ 251,188	$ 251,712	$ 242,184	$ 237,968	$ 228,437	$ 1,028,152	$ 960,301	$ 812,831
UNITED STATES
Segment Reporting Information [Line Items]
Fee revenue									557,024	507,280	416,987
Other Countries
Segment Reporting Information [Line Items]
Fee revenue									$ 471,128	$ 453,021	$ 395,844

Long-Lived Assets, Excluding Fi

Long-Lived Assets, Excluding Financial Instruments and Tax Assets, Classified by Controlling Countries over Ten Percent (Detail) - USD ($) $ in Thousands		Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Segment Reporting Information [Line Items]
Long-lived assets	[1]	$ 62,088	$ 60,434	$ 53,628
UNITED STATES
Segment Reporting Information [Line Items]
Long-lived assets	[2]	50,103	47,411	40,200
Other Countries
Segment Reporting Information [Line Items]
Long-lived assets		$ 11,985	$ 13,023	$ 13,428
[1]	As of the end of the fiscal year.
[2]	Includes Corporate long-lived assets

Acquisitions - Additional Infor

Acquisitions - Additional Information (Detail) - USD ($)	12 Months Ended
	Apr. 30, 2015		Apr. 30, 2014		Apr. 30, 2013		Dec. 31, 2012
Business Acquisition [Line Items]
Acquisitions during the period	$ 17,496,000	[1]	$ 0		$ 126,917,000	[2],[3]
Increase in goodwill	10,226,000	[1]	229,000	[4]	82,839,000	[2],[3]
Tax deductible goodwill	$ 8,000,000				$ 20,500,000
PDI Ninth House
Business Acquisition [Line Items]
Acquisitions during the period							$ 92,500,000
Increase in purchase price			229,000
Increase in goodwill			$ 229,000
[1]	On March 1, 2015, the Company acquired all outstanding membership interest of Pivot Leadership, a global provider of innovative, customized and scalable executive development programs, for $17.5 million, net of cash acquired, which includes $2.2 million in contingent consideration. As of April 30, 2015, the contingent consideration is included in other liabilities in the accompanying consolidated balance sheets. The contingent consideration is based on the achievement of certain revenue targets and can be up to $6.5 million, payable in four installments in fiscal 2017 to 2020. The acquisition will allow us to integrate the Company's talent management solution with Pivot's executive learning capabilities. Actual results of operations of Pivot Leadership are included in the Company's consolidated financial statements from March 1, 2015, the effective date of the acquisition, and include $3.7 million and $20.0 million in fee revenue and total assets, respectively, during fiscal 2015.
[2]	On December 31, 2012, the Company acquired all outstanding shares of Minneapolis-based PDI, a leading, globally-recognized provider of leadership assessment and development solutions, for $92.5 million, net of cash acquired, which includes $14.9 million in contingent consideration, for the achievement of certain post-closing synergies. During fiscal 2014, the Company paid $15.0 million (includes the interest accreted since December 31, 2012) in contingent consideration to the selling stockholders of PDI as a result of the achievement of certain pre-determined goals associated with expense synergies. PDI has been in business for over 45 years and operates in more than 20 global locations. The acquisition strengthens and expands the Company's talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of PDI are included in the Company's consolidated financial statements from December 31, 2012, the effective date of the acquisition.
[3]	On September 1, 2012, the Company acquired all outstanding membership interests of Global Novations, LLC, ("Global Novations") a leading provider of diversity and inclusion and leadership development solutions, for $34.5 million in cash, net of cash acquired. Global Novations has more than 150 offerings designed to develop leaders, enable high-performing cultures and deliver business outcomes for its clients. Key diversity and inclusion and leadership offerings include consulting, training and education and e-learning. Global Novations has more than 30 years of experience and has served clients in more than 40 countries, including more than half of the Fortune 100. The acquisition strengthens and expands the Company's talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of Global Novations are included in the Company's consolidated financial statements from September 1, 2012, the effective date of the acquisition.
[4]	During fiscal 2014, adjustments to the preliminary purchase accounting allocation relating to the PDI acquisition, resulted in an increase in goodwill (see Note 12 - Acquisitions).

Summary of Acquisition (Detail)

Summary of Acquisition (Detail) - USD ($)	12 Months Ended
	Apr. 30, 2015	[1]	Apr. 30, 2014		Apr. 30, 2013	[2],[3]
Business Acquisition [Line Items]
Assets acquired	$ 3,361,000				$ 32,784,000
Intangibles acquired	6,600,000				42,800,000
Liabilities acquired	2,691,000				31,506,000
Net assets acquired	7,270,000				44,078,000
Purchase price	17,496,000		$ 0		126,917,000
Goodwill	10,226,000		$ 229,000	[4]	82,839,000
Acquisition costs	501,000				2,710,000
LTC
Business Acquisition [Line Items]
Goodwill	$ 10,226,000				$ 82,839,000
[1]	On March 1, 2015, the Company acquired all outstanding membership interest of Pivot Leadership, a global provider of innovative, customized and scalable executive development programs, for $17.5 million, net of cash acquired, which includes $2.2 million in contingent consideration. As of April 30, 2015, the contingent consideration is included in other liabilities in the accompanying consolidated balance sheets. The contingent consideration is based on the achievement of certain revenue targets and can be up to $6.5 million, payable in four installments in fiscal 2017 to 2020. The acquisition will allow us to integrate the Company's talent management solution with Pivot's executive learning capabilities. Actual results of operations of Pivot Leadership are included in the Company's consolidated financial statements from March 1, 2015, the effective date of the acquisition, and include $3.7 million and $20.0 million in fee revenue and total assets, respectively, during fiscal 2015.
[2]	On December 31, 2012, the Company acquired all outstanding shares of Minneapolis-based PDI, a leading, globally-recognized provider of leadership assessment and development solutions, for $92.5 million, net of cash acquired, which includes $14.9 million in contingent consideration, for the achievement of certain post-closing synergies. During fiscal 2014, the Company paid $15.0 million (includes the interest accreted since December 31, 2012) in contingent consideration to the selling stockholders of PDI as a result of the achievement of certain pre-determined goals associated with expense synergies. PDI has been in business for over 45 years and operates in more than 20 global locations. The acquisition strengthens and expands the Company's talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of PDI are included in the Company's consolidated financial statements from December 31, 2012, the effective date of the acquisition.
[3]	On September 1, 2012, the Company acquired all outstanding membership interests of Global Novations, LLC, ("Global Novations") a leading provider of diversity and inclusion and leadership development solutions, for $34.5 million in cash, net of cash acquired. Global Novations has more than 150 offerings designed to develop leaders, enable high-performing cultures and deliver business outcomes for its clients. Key diversity and inclusion and leadership offerings include consulting, training and education and e-learning. Global Novations has more than 30 years of experience and has served clients in more than 40 countries, including more than half of the Fortune 100. The acquisition strengthens and expands the Company's talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of Global Novations are included in the Company's consolidated financial statements from September 1, 2012, the effective date of the acquisition.
[4]	During fiscal 2014, adjustments to the preliminary purchase accounting allocation relating to the PDI acquisition, resulted in an increase in goodwill (see Note 12 - Acquisitions).

Summary of Acquisition (Parenth

Summary of Acquisition (Parenthetical) (Detail)

3 Months Ended

12 Months Ended

Apr. 30, 2015USD ($)Country

Jan. 31, 2015USD ($)

Oct. 31, 2014USD ($)

Jul. 31, 2014USD ($)

Apr. 30, 2014USD ($)

Jan. 31, 2014USD ($)

Oct. 31, 2013USD ($)

Jul. 31, 2013USD ($)

Apr. 30, 2015USD ($)CountryProduct

Apr. 30, 2014USD ($)

Apr. 30, 2013USD ($)

Mar. 01, 2015USD ($)

Dec. 31, 2012USD ($)

Sep. 01, 2012USD ($)

Business Acquisition [Line Items]

Acquisition of a business, purchase price

$ 17,496,000

[1]

$ 0

$ 17,496,000

[1]

$ 0

$ 126,917,000

[2],[3]

Fee revenue

271,717,000

$ 249,545,000

$ 255,702,000

$ 251,188,000

251,712,000

$ 242,184,000

$ 237,968,000

$ 228,437,000

1,028,152,000

960,301,000

812,831,000

Total assets

[4]

$ 1,317,801,000

$ 1,233,666,000

$ 1,317,801,000

1,233,666,000

$ 1,115,229,000

Payment of contingent consideration from acquisitions

15,000,000

Number of countries in which entity operates | Country

37

37

PDI Ninth House

Business Acquisition [Line Items]

Acquisition of a business, purchase price

$ 92,500,000

Acquisition of a business, contingent consideration

$ 14,900,000

Payment of contingent consideration from acquisitions

$ 15,000,000

Pivot Leadership

Business Acquisition [Line Items]

Acquisition of a business, purchase price

$ 17,500,000

Acquisition of a business, contingent consideration

$ 6,500,000

$ 6,500,000

$ 2,200,000

Fee revenue

3,700,000

Total assets

$ 20,000,000

$ 20,000,000

Global Novations, LLC

Business Acquisition [Line Items]

Acquisition of a business, purchase price

$ 34,500,000

Minimum | PDI Ninth House

Business Acquisition [Line Items]

Number of years in business

45 years

Number of countries in which entity operates | Country

20

20

Minimum | Pivot Leadership

Business Acquisition [Line Items]

Business acquisition contingent consideration payable, through year

2,017

Minimum | Global Novations, LLC

Business Acquisition [Line Items]

Number of years in business

30 years

Offerings designed to develop leaders | Product

150

Number of countries in which the entity has provided services | Country

40

40

Maximum | Pivot Leadership

Business Acquisition [Line Items]

Business acquisition contingent consideration payable, through year

2,020

[1]

On March 1, 2015, the Company acquired all outstanding membership interest of Pivot Leadership, a global provider of innovative, customized and scalable executive development programs, for $17.5 million, net of cash acquired, which includes $2.2 million in contingent consideration. As of April 30, 2015, the contingent consideration is included in other liabilities in the accompanying consolidated balance sheets. The contingent consideration is based on the achievement of certain revenue targets and can be up to $6.5 million, payable in four installments in fiscal 2017 to 2020. The acquisition will allow us to integrate the Company's talent management solution with Pivot's executive learning capabilities. Actual results of operations of Pivot Leadership are included in the Company's consolidated financial statements from March 1, 2015, the effective date of the acquisition, and include $3.7 million and $20.0 million in fee revenue and total assets, respectively, during fiscal 2015.

[2]

On December 31, 2012, the Company acquired all outstanding shares of Minneapolis-based PDI, a leading, globally-recognized provider of leadership assessment and development solutions, for $92.5 million, net of cash acquired, which includes $14.9 million in contingent consideration, for the achievement of certain post-closing synergies. During fiscal 2014, the Company paid $15.0 million (includes the interest accreted since December 31, 2012) in contingent consideration to the selling stockholders of PDI as a result of the achievement of certain pre-determined goals associated with expense synergies. PDI has been in business for over 45 years and operates in more than 20 global locations. The acquisition strengthens and expands the Company's talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of PDI are included in the Company's consolidated financial statements from December 31, 2012, the effective date of the acquisition.

[3]

On September 1, 2012, the Company acquired all outstanding membership interests of Global Novations, LLC, ("Global Novations") a leading provider of diversity and inclusion and leadership development solutions, for $34.5 million in cash, net of cash acquired. Global Novations has more than 150 offerings designed to develop leaders, enable high-performing cultures and deliver business outcomes for its clients. Key diversity and inclusion and leadership offerings include consulting, training and education and e-learning. Global Novations has more than 30 years of experience and has served clients in more than 40 countries, including more than half of the Fortune 100. The acquisition strengthens and expands the Company's talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of Global Novations are included in the Company's consolidated financial statements from September 1, 2012, the effective date of the acquisition.

[4]

As of the end of the fiscal year.

Changes in Carrying Value of Go

Changes in Carrying Value of Goodwill By Reportable Segment (Detail) - USD ($) $ in Thousands		12 Months Ended
		Apr. 30, 2015		Apr. 30, 2014		Apr. 30, 2013
Goodwill [Line Items]
Goodwill, Beginning Balance	[1]	$ 257,582		$ 257,293
Additions		10,226	[2]	229	[3]	$ 82,839	[4],[5]
Exchange rate fluctuations		(13,368)		60
Goodwill, Ending Balance	[1]	254,440		257,582		257,293
LTC
Goodwill [Line Items]
Additions		10,226	[2]			82,839	[4],[5]
Operating Segments | Executive Recruitment
Goodwill [Line Items]
Goodwill, Beginning Balance	[1]	104,615		105,749
Exchange rate fluctuations		(8,118)		(1,134)
Goodwill, Ending Balance	[1]	96,497		104,615		105,749
Operating Segments | Executive Recruitment | North America
Goodwill [Line Items]
Goodwill, Beginning Balance	[1]	52,086		54,513
Exchange rate fluctuations		(2,483)		(2,427)
Goodwill, Ending Balance	[1]	49,603		52,086		54,513
Operating Segments | Executive Recruitment | EMEA
Goodwill [Line Items]
Goodwill, Beginning Balance	[1]	51,557		50,264
Exchange rate fluctuations		(5,635)		1,293
Goodwill, Ending Balance	[1]	45,922		51,557		50,264
Operating Segments | Executive Recruitment | Asia Pacific
Goodwill [Line Items]
Goodwill, Beginning Balance	[1]	972		972
Goodwill, Ending Balance	[1]	972		972		972
Operating Segments | LTC
Goodwill [Line Items]
Goodwill, Beginning Balance	[1]	119,350		119,090
Additions		10,226		229	[3]
Exchange rate fluctuations		(27)		31
Goodwill, Ending Balance	[1]	129,549		119,350		119,090
Operating Segments | Futurestep
Goodwill [Line Items]
Goodwill, Beginning Balance	[1]	33,617		32,454
Exchange rate fluctuations		(5,223)		1,163
Goodwill, Ending Balance	[1]	$ 28,394		$ 33,617		$ 32,454
[1]	As of the end of the fiscal year.
[2]	On March 1, 2015, the Company acquired all outstanding membership interest of Pivot Leadership, a global provider of innovative, customized and scalable executive development programs, for $17.5 million, net of cash acquired, which includes $2.2 million in contingent consideration. As of April 30, 2015, the contingent consideration is included in other liabilities in the accompanying consolidated balance sheets. The contingent consideration is based on the achievement of certain revenue targets and can be up to $6.5 million, payable in four installments in fiscal 2017 to 2020. The acquisition will allow us to integrate the Company's talent management solution with Pivot's executive learning capabilities. Actual results of operations of Pivot Leadership are included in the Company's consolidated financial statements from March 1, 2015, the effective date of the acquisition, and include $3.7 million and $20.0 million in fee revenue and total assets, respectively, during fiscal 2015.
[3]	During fiscal 2014, adjustments to the preliminary purchase accounting allocation relating to the PDI acquisition, resulted in an increase in goodwill (see Note 12 - Acquisitions).
[4]	On December 31, 2012, the Company acquired all outstanding shares of Minneapolis-based PDI, a leading, globally-recognized provider of leadership assessment and development solutions, for $92.5 million, net of cash acquired, which includes $14.9 million in contingent consideration, for the achievement of certain post-closing synergies. During fiscal 2014, the Company paid $15.0 million (includes the interest accreted since December 31, 2012) in contingent consideration to the selling stockholders of PDI as a result of the achievement of certain pre-determined goals associated with expense synergies. PDI has been in business for over 45 years and operates in more than 20 global locations. The acquisition strengthens and expands the Company's talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of PDI are included in the Company's consolidated financial statements from December 31, 2012, the effective date of the acquisition.
[5]	On September 1, 2012, the Company acquired all outstanding membership interests of Global Novations, LLC, ("Global Novations") a leading provider of diversity and inclusion and leadership development solutions, for $34.5 million in cash, net of cash acquired. Global Novations has more than 150 offerings designed to develop leaders, enable high-performing cultures and deliver business outcomes for its clients. Key diversity and inclusion and leadership offerings include consulting, training and education and e-learning. Global Novations has more than 30 years of experience and has served clients in more than 40 countries, including more than half of the Fortune 100. The acquisition strengthens and expands the Company's talent management offerings through adding complementary product and service offerings and rich intellectual property. Actual results of operations of Global Novations are included in the Company's consolidated financial statements from September 1, 2012, the effective date of the acquisition.

Intangible Assets (Detail)

Intangible Assets (Detail) - USD ($) $ in Thousands	Apr. 30, 2015	Apr. 30, 2014
Intangible Assets [Line Items]
Amortized intangible assets, Gross	$ 73,151	$ 66,551
Amortized intangible assets, Accumulated Amortization	(29,023)	(20,777)
Amortized intangible assets, Net	44,128	45,774
Exchange rate fluctuations	(27)	(14)
Intangible assets	47,901	49,560
Trademarks
Intangible Assets [Line Items]
Amortized intangible assets, Gross	3,986	3,686
Amortized intangible assets, Accumulated Amortization	(3,291)	(2,559)
Amortized intangible assets, Net	695	1,127
Unamortized intangible assets	3,800	3,800
Customer Lists
Intangible Assets [Line Items]
Amortized intangible assets, Gross	41,099	34,899
Amortized intangible assets, Accumulated Amortization	(12,578)	(8,674)
Amortized intangible assets, Net	28,521	26,225
Intellectual Property
Intangible Assets [Line Items]
Amortized intangible assets, Gross	22,900	22,900
Amortized intangible assets, Accumulated Amortization	(10,130)	(7,009)
Amortized intangible assets, Net	12,770	15,891
Database Rights
Intangible Assets [Line Items]
Amortized intangible assets, Gross	4,256	4,256
Amortized intangible assets, Accumulated Amortization	(2,351)	(1,925)
Amortized intangible assets, Net	1,905	2,331
Non-compete Agreements
Intangible Assets [Line Items]
Amortized intangible assets, Gross	910	810
Amortized intangible assets, Accumulated Amortization	(673)	(610)
Amortized intangible assets, Net	$ 237	$ 200

Goodwill And Intangible Asset86

Goodwill And Intangible Assets - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Schedule Of Goodwill And Intangible Assets [Line Items]
Amortization expense	$ 8.2	$ 8.7	$ 5
Amortizable intangible assets fully amortization year	2,031
Trademarks
Schedule Of Goodwill And Intangible Assets [Line Items]
Intangible assets acquired	$ 0.3
Weighted-Average Amortization Period (in years)	1 year
Customer Lists
Schedule Of Goodwill And Intangible Assets [Line Items]
Intangible assets acquired	$ 6.2
Weighted-Average Amortization Period (in years)	10 years
Non-compete Agreements
Schedule Of Goodwill And Intangible Assets [Line Items]
Intangible assets acquired	$ 0.1
Weighted-Average Amortization Period (in years)	5 years

Estimated Annual Amortization E

Estimated Annual Amortization Expense Related to Amortizing Intangible Assets (Detail) - USD ($) $ in Thousands	Apr. 30, 2015	Apr. 30, 2014
Finite-Lived Intangible Liabilities [Line Items]
2,016	$ 7,907
2,017	6,332
2,018	5,648
2,019	4,394
2,020	4,110
Thereafter	15,737
Amortized intangible assets, Net	$ 44,128	$ 45,774

Commitments And Contingencies -

Commitments And Contingencies - Additional Information (Detail) - USD ($)	12 Months Ended
	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Commitments and Contingencies [Line Items]
Lease expiration date	2,026
Total rental expense	$ 38,000,000	$ 39,600,000	$ 38,400,000
Employment agreements	The Company has a policy of entering into offer letters of employment or letters of promotion with vice presidents which provide for an annual base salary and discretionary and incentive bonus payments. Certain key vice presidents who typically have been employed by the Company for several years may also have a standard form employment agreement. Upon termination without cause, the Company is required to pay the amount of severance due under the employment agreement, if any. The Company also requires its vice presidents to agree in their employment letters and their employment agreement, if applicable, not to compete with the Company both during the term of their employment, and for a period of up to two years after their employment ends. For a period of two years after their employment with the Company, former vice presidents are prohibited from soliciting employees of the Company for employment outside of the Company.
Compensation and benefit expense	$ 691,450,000	646,889,000	$ 555,346,000
Employment dispute
Commitments and Contingencies [Line Items]
Compensation and benefit expense		4,500,000
Compensation outstanding liability	$ 0	$ 0

Future Minimum Commitments unde

Future Minimum Commitments under Non-Cancelable Operating Leases (Detail) $ in Thousands	Apr. 30, 2015USD ($)
Schedule Of Future Minimum Rental Payments For Operating Leases [Line Items]
2,016	$ 41,624
2,017	39,542
2,018	35,958
2,019	32,126
2,020	30,715
Thereafter	137,451
Total operating leases	$ 317,416

Quarterly Results (Detail)

Quarterly Results (Detail) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Apr. 30, 2015	Jan. 31, 2015	Oct. 31, 2014	Jul. 31, 2014	Apr. 30, 2014	Jan. 31, 2014	Oct. 31, 2013	Jul. 31, 2013	Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Quarterly Financial Information [Line Items]
Fee revenue	$ 271,717	$ 249,545	$ 255,702	$ 251,188	$ 251,712	$ 242,184	$ 237,968	$ 228,437	$ 1,028,152	$ 960,301	$ 812,831
Operating income	28,092	32,927	34,416	18,593	24,480	27,302	23,165	16,661	114,028	91,608	43,876
Net income	$ 25,482	$ 22,939	$ 25,403	$ 14,533	$ 21,211	$ 21,304	$ 18,759	$ 11,417	$ 88,357	$ 72,691	$ 33,293
Basic	$ 0.51	$ 0.46	$ 0.52	$ 0.30	$ 0.44	$ 0.44	$ 0.39	$ 0.24	$ 1.78	$ 1.51	$ 0.71
Diluted	$ 0.51	$ 0.46	$ 0.51	$ 0.29	$ 0.43	$ 0.43	$ 0.38	$ 0.24	$ 1.76	$ 1.48	$ 0.70

Subsequent Events - Additional

Subsequent Events - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	Jun. 10, 2015	Jun. 05, 2015	Apr. 30, 2015
Subsequent Event [Line Items]
Financial covenants amount			$ 50
Value of common shares repurchases permitted, dividends paid and permitted acquisitions for any fiscal year			$ 125
Minimum
Subsequent Event [Line Items]
Quarterly Commitment Fees on the Facility's unused commitments			0.25%
Maximum
Subsequent Event [Line Items]
Quarterly Commitment Fees on the Facility's unused commitments			0.35%
London Interbank Offered Rate (LIBOR)
Subsequent Event [Line Items]
Applicable margin on variable interest rate			1.50%
London Interbank Offered Rate (LIBOR) | Minimum
Subsequent Event [Line Items]
Applicable margin on variable interest rate			0.50%
London Interbank Offered Rate (LIBOR) | Maximum
Subsequent Event [Line Items]
Applicable margin on variable interest rate			1.50%
Base Rate Loans | Minimum
Subsequent Event [Line Items]
Applicable margin on variable interest rate			0.00%
Base Rate Loans | Maximum
Subsequent Event [Line Items]
Applicable margin on variable interest rate			0.25%
Revolving Credit Facility
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity			$ 75
Revolving credit facility, additional optional increase to maximum borrowing capacity			$ 50
Revolving credit facility, extended maturity date			Jan. 18, 2018
Revolving Credit Facility | Letter of Credit
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity			$ 15
Subsequent Event
Subsequent Event [Line Items]
Dividends payable, declared date	Jun. 10, 2015
Dividends payable, per share amount	$ 0.10
Dividends payable, payable date	Jul. 15, 2015
Dividends declared, record date	Jun. 25, 2015
Subsequent Event | Credit Facility
Subsequent Event [Line Items]
Value of common shares repurchases permitted and dividends paid for any fiscal year		$ 75
Value of common shares repurchases permitted, dividends paid and permitted acquisitions for any fiscal year		125
Subsequent Event | Credit Facility | Cash, Cash Equivalents and Marketable Securities
Subsequent Event [Line Items]
Financial covenants amount		$ 50
Subsequent Event | Credit Facility | Minimum
Subsequent Event [Line Items]
Quarterly Commitment Fees on the Facility's unused commitments		0.25%
Subsequent Event | Credit Facility | Maximum
Subsequent Event [Line Items]
Quarterly Commitment Fees on the Facility's unused commitments		0.40%
Subsequent Event | Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Subsequent Event [Line Items]
Applicable margin on variable interest rate		0.875%
Subsequent Event | Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Subsequent Event [Line Items]
Applicable margin on variable interest rate		1.75%
Subsequent Event | Credit Facility | Base Rate Loans | Minimum
Subsequent Event [Line Items]
Applicable margin on variable interest rate		0.00%
Subsequent Event | Credit Facility | Base Rate Loans | Maximum
Subsequent Event [Line Items]
Applicable margin on variable interest rate		0.75%
Subsequent Event | Credit Facility | Revolving Credit Facility
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity		$ 150
Revolving credit facility, additional optional increase to maximum borrowing capacity		$ 50
Revolving credit facility, extended maturity date		Jun. 3, 2020
Value of common shares repurchases permitted and dividends paid for any fiscal year		$ 75
Subsequent Event | Credit Facility | Revolving Credit Facility | Letter of Credit
Subsequent Event [Line Items]
Revolving credit facility, maximum borrowing capacity		$ 15

Valuation And Qualifying Acco92

Valuation And Qualifying Accounts (Detail) - USD ($) $ in Thousands		12 Months Ended
		Apr. 30, 2015	Apr. 30, 2014	Apr. 30, 2013
Allowance for Doubtful Accounts
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		$ 9,513	$ 9,097	$ 9,437
Charges to Cost and Expenses		7,741	7,840	6,748
(Charges) Recoveries to Other Accounts	[1]	(693)	291	(118)
Deductions	[2]	(6,603)	(7,715)	(6,970)
Balance at End of Period		9,958	9,513	9,097
Valuation Allowance of Deferred Tax Assets
Valuation and Qualifying Accounts Disclosure [Line Items]
Balance at Beginning of Period		26,969	27,731	25,089
Charges to Cost and Expenses		2,537	3,728	5,678
Deductions	[2]	(7,898)	(4,490)	(3,036)
Balance at End of Period		$ 21,608	$ 26,969	$ 27,731
[1]	Exchange rate fluctuations.
[2]	Allowance for doubtful accounts represents accounts written-off, net of recoveries and deferred tax asset valuation represents release of prior valuation allowances.

Uncategorized Items - kfy-20150

Label	Element	Value
Pension Plan [Member]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	3.12%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	3.28%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	3.60%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	3.79%
Deferred Compensation Plan [Member]
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	3.12%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	3.28%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	3.60%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	us-gaap_DefinedBenefitPlanAssumptionsUsedCalculatingBenefitObligationDiscountRate	3.79%