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Segment Information
3 Months Ended
Jul. 30, 2011
Segment Information
Note 10: Segment Information
 
Our reportable operating segments are the Upholstery Group, the Casegoods Group and the Retail Group. 
 
Upholstery Group.  The operating units in the Upholstery Group are La-Z-Boy, England and Bauhaus.  This group manufactures or imports and sells upholstered furniture to furniture retailers. Upholstered furniture includes recliners and motion furniture, sofas, loveseats, chairs, ottomans and sleeper sofas.  It sells directly to La-Z-Boy Furniture Galleries ® stores, operators of Comfort Studios, general dealers and department stores.
 
Casegoods Group. The operating units in the Casegoods Group consist of two groups, one including American Drew, Lea, and Hammary, the second being Kincaid. This group primarily sells manufactured or imported wood furniture to furniture retailers. Casegoods product includes bedroom, dining room, entertainment centers, accent pieces and some coordinated upholstered furniture. The Casegoods Group sells to proprietary stores and general dealers.


Retail Group. The Retail Group consists of 84 company-owned La-Z-Boy Furniture Galleries® stores in nine primary markets.  The Retail Group sells upholstered furniture, as well as some casegoods and other accessories, to end consumers through the retail network.

   
Quarter Ended
 
(Unaudited, amounts in thousands)
 
7/30/11
   
7/24/10
 
Sales
           
Upholstery Group
  $ 217,462     $ 201,934  
Casegoods Group
    34,131       36,850  
Retail Group
    48,814       35,307  
VIEs, net of intercompany sales eliminations
    3,341       7,542  
Corporate and Other
    594       376  
Eliminations
    (24,248 )     (18,696 )
Consolidated Sales
  $ 280,094     $ 263,313  
                 
Operating Income (Loss)
               
Upholstery Group
  $ 11,125     $ 10,057  
Casegoods Group
    557       1,575  
Retail Group
    (3,378 )     (4,924 )
VIEs
    567       (1,608 )
Corporate and Other
    (5,282 )     (6,607 )
Restructuring
    (116 )     (144 )
Consolidated Operating Income
  $ 3,473     $ (1,651 )