XML 57 R26.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Stock-Based Compensation (Tables) | 3 Months Ended
--- | ---
Jul. 26, 2014
Stock-Based Compensation |
Summary of total stock-based compensation expense | The table below summarizes the total stock-based compensation expense recognized for all outstanding grants in our consolidated statement of income:
|  | Quarter Ended |
(Unaudited, amounts in thousands) |  | 7/26/14 |  | 7/27/13 |
Equity-based awards expense |  | $ | 3,010 |  | $ | 3,193 |
Liability-based awards expense (income) |  | (448 | ) | 1,904 |
Total stock-based compensation expense |  | $ | 2,562 |  | $ | 5,097 |
Schedule of grants made during the period | The table below summarizes the grants made during the first quarter of fiscal 2015:
(Unaudited, shares/units in thousands) |  | Shares/units granted |  | Liability/ Equity award |  | Settlement |
Stock options |  | 374 |  | Equity |  | Common shares |
Restricted stock |  | 92 |  | Equity |  | Common shares |
Performance-based shares |  | 192 |  | Equity |  | Common shares |
Fair value assumptions for stock options | The fair value of stock options granted during the first quarter of fiscal 2015 was calculated using the following assumptions:
(Unaudited) |  | 7/26/14 |
Risk-free interest rate |  | 1.59 | %
Dividend rate |  | 1.00 | %
Expected life in years |  | 5.0 |
Stock price volatility |  | 54.40 | %
Fair value per share |  | $ | 10.45 |
Awards Granted During 2014 [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Fair value assumptions for SARs | The fair value of the SARs granted during fiscal 2014 was remeasured at July 26, 2014, using the following assumptions:
(Unaudited) |  | 7/26/14 |
Risk-free interest rate |  | 1.68 | %
Dividend rate |  | 1.10 | %
Expected life in years |  | 3.88 |
Stock price volatility |  | 45.62 | %
Fair value per share |  | $ | 8.21 |
Awards Granted During 2013 [Member] |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] |
Fair value assumptions for SARs | The fair value of the SARs granted during fiscal 2013 was remeasured at July 26, 2014, using the following assumptions:
(Unaudited) |  | 7/26/14 |
Risk-free interest rate |  | 0.90 | %
Dividend rate |  | 1.10 | %
Expected life in years |  | 2.96 |
Stock price volatility |  | 41.13 | %
Fair value per share |  | $ | 10.50 |

X
- Definition Schedule of grants during the period for stock options, SARs, restricted stock units, performance-based units and performance based shares. + References No definition available. + Details
Name: | lzb_ScheduleOfGrantsMadeDuringPeriodTableTextBlock
Namespace Prefix: | lzb_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock appreciation rights, including, but not limited to: (a) expected term of stock appreciation rights, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
Name: | lzb_ScheduleOfShareBasedPaymentAwardSarsValuationAssumptionsTableTextBlock
Namespace Prefix: | lzb_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration