$KFY
KORN FERRY

2016 Q4 Form 10-Q Financial Statement

#000119312516789564 Filed on December 09, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4
Revenue $415.0M $291.3M
YoY Change 42.43% 10.06%
Cost Of Revenue $18.87M $11.24M
YoY Change 67.98% 15.76%
Gross Profit $396.1M $280.1M
YoY Change 41.41% 9.84%
Gross Profit Margin 95.45% 96.14%
Selling, General & Admin $324.7M $224.2M
YoY Change 44.83% 9.47%
% of Gross Profit 81.98% 80.04%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.75M $7.180M
YoY Change 63.68% 5.92%
% of Gross Profit 2.97% 2.56%
Operating Expenses $336.5M $262.3M
YoY Change 28.28% 13.91%
Operating Profit $46.55M $29.01M
YoY Change 60.44% -15.7%
Interest Expense -$2.736M -$544.0K
YoY Change 402.94% -159.13%
% of Operating Profit -5.88% -1.88%
Other Income/Expense, Net -$879.0K -$2.646M
YoY Change -66.78% -212.02%
Pretax Income $42.93M $25.82M
YoY Change 66.26% -27.99%
Income Tax $11.91M $8.392M
% Of Pretax Income 27.73% 32.5%
Net Earnings $30.15M $17.97M
YoY Change 67.78% -29.26%
Net Earnings / Revenue 7.27% 6.17%
Basic Earnings Per Share $0.53 $0.36
Diluted Earnings Per Share $0.52 $0.35
COMMON SHARES
Basic Shares Outstanding 56.61M shares 49.98M shares
Diluted Shares Outstanding 56.98M shares 50.36M shares

Balance Sheet

Concept 2016 Q4 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $279.8M $272.7M
YoY Change 2.59% 3.94%
Cash & Equivalents $250.0M $270.7M
Short-Term Investments $29.80M $2.003M
Other Short-Term Assets $51.30M $40.00M
YoY Change 28.25% 9.29%
Inventory
Prepaid Expenses
Receivables $360.8M $230.4M
Other Receivables $23.40M $21.00M
Total Short-Term Assets $715.4M $574.3M
YoY Change 24.57% 6.98%
LONG-TERM ASSETS
Property, Plant & Equipment $108.4M $61.67M
YoY Change 75.74% 0.31%
Goodwill $586.3M $251.0M
YoY Change 133.6% -0.37%
Intangibles $225.0M $43.55M
YoY Change 416.77% -4.27%
Long-Term Investments $177.9M $184.7M
YoY Change -3.68% 15.08%
Other Assets $137.1M $157.0M
YoY Change -12.68% 3.43%
Total Long-Term Assets $1.235B $697.9M
YoY Change 76.91% 3.99%
TOTAL ASSETS
Total Short-Term Assets $715.4M $574.3M
Total Long-Term Assets $1.235B $697.9M
Total Assets $1.950B $1.272B
YoY Change 53.28% 5.32%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.71M $17.24M
YoY Change 60.78% -11.63%
Accrued Expenses $315.0M $212.2M
YoY Change 48.44% 3.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $19.75M
YoY Change
Total Short-Term Liabilities $365.4M $234.5M
YoY Change 55.81% 1.1%
LONG-TERM LIABILITIES
Long-Term Debt $246.1M $0.00
YoY Change
Other Long-Term Liabilities $56.27M $23.85M
YoY Change 135.93% 10.3%
Total Long-Term Liabilities $302.4M $23.85M
YoY Change 1167.75% 10.3%
TOTAL LIABILITIES
Total Short-Term Liabilities $365.4M $234.5M
Total Long-Term Liabilities $302.4M $23.85M
Total Liabilities $895.9M $432.7M
YoY Change 107.04% 2.72%
SHAREHOLDERS EQUITY
Retained Earnings $422.7M $422.8M
YoY Change -0.02% 21.24%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.051B $839.5M
YoY Change
Total Liabilities & Shareholders Equity $1.950B $1.272B
YoY Change 53.28% 5.32%

Cashflow Statement

Concept 2016 Q4 2015 Q4
OPERATING ACTIVITIES
Net Income $30.15M $17.97M
YoY Change 67.78% -29.26%
Depreciation, Depletion And Amortization $11.75M $7.180M
YoY Change 63.68% 5.92%
Cash From Operating Activities $47.40M $16.80M
YoY Change 182.14% -55.79%
INVESTING ACTIVITIES
Capital Expenditures -$17.20M -$5.100M
YoY Change 237.25% 8.51%
Acquisitions
YoY Change
Other Investing Activities -$3.800M -$11.50M
YoY Change -66.96% -29.45%
Cash From Investing Activities -$21.00M -$16.60M
YoY Change 26.51% -20.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -18.10M -4.500M
YoY Change 302.22% -850.0%
NET CHANGE
Cash From Operating Activities 47.40M 16.80M
Cash From Investing Activities -21.00M -16.60M
Cash From Financing Activities -18.10M -4.500M
Net Change In Cash 8.300M -4.300M
YoY Change -293.02% -124.43%
FREE CASH FLOW
Cash From Operating Activities $47.40M $16.80M
Capital Expenditures -$17.20M -$5.100M
Free Cash Flow $64.60M $21.90M
YoY Change 194.98% -48.71%

Facts In Submission

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DerivativesMethodsOfAccountingNonhedgingDerivatives
<div> <p style="margin-top:12pt; margin-bottom:0pt; margin-left:2%; font-size:10pt; font-family:Times New Roman"> <b><i>Foreign Currency Forward Contracts Not Designated as Hedges</i></b></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman" align="justify">Beginning in the third quarter of fiscal 2016, the Company established a program that primarily utilizes foreign currency forward contracts to offset the risks associated with the effects of certain foreign currency exposures which increased as a result of the Hay Group acquisition. These foreign currency forward contracts are neither used for trading purposes nor are they designated as hedging instruments pursuant to Accounting Standards Codification 815, Derivatives and Hedging. Accordingly, the fair value of these contracts are recorded as of the end of the reporting period in the accompanying consolidated balance sheets, while the change in fair value is recorded to the accompanying consolidated statements of income.</p> </div>
dei Document Period End Date
DocumentPeriodEndDate
2016-10-31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.59
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
us-gaap Use Of Estimates
UseOfEstimates
<div> <p style="margin-top:12pt; margin-bottom:0pt; margin-left:2%; font-size:10pt; font-family:Times New Roman"> <b><i>Use of Estimates and Uncertainties</i></b></p> <p style="margin-top:12pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman" align="justify">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.</p> </div>
dei Entity Registrant Name
EntityRegistrantName
KORN FERRY INTERNATIONAL
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9091000
us-gaap Repayments Of Long Term Debt
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us-gaap Reimbursement Revenue
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30349000
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ProfitLoss
35124000
us-gaap Payments To Acquire Life Insurance Policies
PaymentsToAcquireLifeInsurancePolicies
420000
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Revenues
807887000
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PaymentsToAcquirePropertyPlantAndEquipment
32322000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
6940000
us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
2880000
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OciBeforeReclassificationsNetOfTaxAttributableToParent
-18259000
us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
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3226000
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InterestIncomeExpenseNonoperatingNet
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EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
2668000
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AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
33000
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SalesRevenueServicesNet
777538000
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PaymentsToAcquireMarketableSecurities
9526000
us-gaap Operating Income Loss
OperatingIncomeLoss
51064000
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NetIncomeLoss
33360000
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IncreaseDecreaseInOtherOperatingCapitalNet
2009000
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IncreaseDecreaseInAccountsReceivable
49964000
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ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
17618000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
16028000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4177000
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PaymentsForRestructuring
14975000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
11750000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-18433000
us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
3172000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2968000
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RestructuringReserveTranslationAdjustment
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us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3380000
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
3380000
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33077000
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NetIncomeLossAvailableToCommonStockholdersDiluted
33079000
us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
2876000
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
8184000
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
108000
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
283000
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5151000
us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-927000
us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
11117000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-188000
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-23219000
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
48647000
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AllocatedShareBasedCompensationExpense
9520000
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
1590000
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CostOfReimbursableExpense
30349000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23196000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
11750000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13631000
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IncreaseDecreaseInDeferredCompensation
-6804000
us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-30779000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-927000
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
2614000
us-gaap Share Based Compensation
ShareBasedCompensation
9520000
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
186000
us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
6852000
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-12362000
us-gaap Labor And Related Expense
LaborAndRelatedExpense
533576000
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14139000
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756823000
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109476000
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108554000
us-gaap Net Income Loss Attributable To Noncontrolling Interest
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1764000
us-gaap Cost Of Services
CostOfServices
35706000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Impairment Of Intangible Assets Indefinitelived Excluding Goodwill
ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0
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-85133000
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IncreaseDecreaseInAccruedIncomeTaxesPayable
-5980000
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
600000
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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230000
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
275000000
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RestructuringCharges
24520000
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RestructuringReserveSettledWithoutCash2
2480000
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ChangeInCurrentAndDeferredIncomeTaxes
5833000
kfy Performance Related Bonus Expenses
PerformanceRelatedBonusExpenses
95100000
kfy Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
77748000
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
17971000
CY2015Q4 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
17068000
CY2015Q4 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17068000
CY2015Q4 us-gaap Reimbursement Revenue
ReimbursementRevenue
10739000
kfy Excess Tax Benefit Tax Deficiency From Share Based Compensation Financing Activities
ExcessTaxBenefitTaxDeficiencyFromShareBasedCompensationFinancingActivities
33000
kfy Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
119650000
kfy Payment Of Earn Outs From Acquisitions
PaymentOfEarnOutsFromAcquisitions
1070000
kfy Equity In Earnings Of Unconsolidated Subsidiaries
EquityInEarningsOfUnconsolidatedSubsidiaries
108000
kfy Deferred Revenue Purchase Accounting Adjustments
DeferredRevenuePurchaseAccountingAdjustments
3535000
kfy Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
13847000
kfy Adjusted Fees Revenue
AdjustedFeesRevenue
781073000
CY2016 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
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ImpairmentOfIntangibleAssetsIndefinitelivedExcludingGoodwill
0
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EarningsPerShareDiluted
0.35
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WeightedAverageNumberOfDilutedSharesOutstanding
50362000 shares
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WeightedAverageNumberOfSharesOutstandingBasic
49981000 shares
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CommonStockDividendsPerShareDeclared
0.10
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EarningsPerShareBasic
0.36
CY2015Q4 us-gaap Revenues
Revenues
291339000
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OciBeforeReclassificationsNetOfTaxAttributableToParent
-1351000
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MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
-2500000
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InterestIncomeExpenseNonoperatingNet
-544000
CY2015Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1714000
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SalesRevenueServicesNet
280600000
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OperatingIncomeLoss
29013000
CY2015Q4 us-gaap Profit Loss
ProfitLoss
17971000
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OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-1351000
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OtherNonoperatingIncomeExpense
-2646000
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NonoperatingIncomeExpense
-2646000
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NetIncomeLossAvailableToCommonStockholdersBasic
17804000
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NetIncomeLossAvailableToCommonStockholdersDiluted
17805000
CY2015Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
540000
CY2015Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
25823000
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AllocatedShareBasedCompensationExpense
5322000
CY2015Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7180000
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
8392000
CY2015Q4 kfy Performance Related Bonus Expenses
PerformanceRelatedBonusExpenses
44600000
CY2015Q4 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-448000
CY2015Q4 us-gaap Proceeds From Sale And Maturity Of Available For Sale Securities
ProceedsFromSaleAndMaturityOfAvailableForSaleSecurities
8100000
CY2015Q4 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
117000
CY2015Q4 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3608000
CY2015Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
188608000
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CostsAndExpenses
262326000
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GeneralAndAdministrativeExpense
44563000
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ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
167000
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ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-448000
CY2015Q4 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-118000
CY2015Q4 us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
10739000
CY2015Q4 us-gaap Cost Of Services
CostOfServices
11236000
CY2015Q4 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansTax
300000
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EarningsBeforeInterestTaxesDepreciationAndAmortization
34087000
CY2015Q4 kfy Adjusted Earnings Before Interest Taxes Depreciation And Amortization
AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
46081000
CY2015Q4 kfy Equity In Earnings Of Unconsolidated Subsidiaries
EquityInEarningsOfUnconsolidatedSubsidiaries
540000
CY2015Q4 kfy Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
11994000
CY2016Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56983000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56614000 shares
CY2016Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
CY2016Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.10
CY2016Q4 us-gaap Revenues
Revenues
414954000
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OciBeforeReclassificationsNetOfTaxAttributableToParent
-5131000
CY2016Q4 us-gaap Marketable Securities Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesGainLossExcludingOtherThanTemporaryImpairments
-700000
CY2016Q4 us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
-2736000
CY2016Q4 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
1184000
CY2016Q4 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
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-299000
CY2016Q4 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
401917000
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
46548000
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NetIncomeLoss
30152000
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26362000
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25486000
CY2016Q4 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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4352000
CY2016Q4 us-gaap Reimbursement Revenue
ReimbursementRevenue
13037000
CY2016Q4 us-gaap Profit Loss
ProfitLoss
31056000
CY2016Q4 us-gaap Payments For Restructuring
PaymentsForRestructuring
8400000
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184000
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OtherNonoperatingIncomeExpense
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CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
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29882000
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29884000
CY2016Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
29000
CY2016Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
42933000
CY2016Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
4605000
CY2016Q4 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11752000
CY2016Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5841000
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
11906000
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-465000
CY2016Q4 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Diluted
UndistributedEarningsLossAllocatedToParticipatingSecuritiesDiluted
218000
CY2016Q4 us-gaap Allocated Share Based Compensation Expense Net Of Tax
AllocatedShareBasedCompensationExpenseNetOfTax
3421000
CY2016Q4 us-gaap Labor And Related Expense
LaborAndRelatedExpense
270609000
CY2016Q4 us-gaap Costs And Expenses
CostsAndExpenses
368406000
CY2016Q4 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
54134000
CY2016Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
904000
CY2016Q4 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
270000
CY2016Q4 us-gaap Reclassification From Aoci Current Period Net Of Tax Attributable To Parent
ReclassificationFromAociCurrentPeriodNetOfTaxAttributableToParent
-465000
CY2016Q4 us-gaap Treasury Stock Value Acquired Cost Method
TreasuryStockValueAcquiredCostMethod
6956000
CY2016Q4 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
-220000
CY2016Q4 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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876000
CY2016Q4 us-gaap Cost Of Reimbursable Expense
CostOfReimbursableExpense
13037000
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CostOfServices
18874000
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300000
CY2016Q4 kfy Performance Related Bonus Expenses
PerformanceRelatedBonusExpenses
52700000
CY2016Q4 kfy Earnings Before Interest Taxes Depreciation And Amortization
EarningsBeforeInterestTaxesDepreciationAndAmortization
57450000
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AdjustedEarningsBeforeInterestTaxesDepreciationAndAmortization
63270000
CY2016Q4 kfy Equity In Earnings Of Unconsolidated Subsidiaries
EquityInEarningsOfUnconsolidatedSubsidiaries
29000
CY2016Q4 kfy Business Combination Acquisition And Integration Related Costs
BusinessCombinationAcquisitionAndIntegrationRelatedCosts
5820000

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