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Accumulated Other Comprehensive Loss
 3 Months Ended
Jul. 26, 2014
Accumulated Other Comprehensive Loss  
Accumulated Other Comprehensive Loss

Note 9: Accumulated Other Comprehensive Loss

 

The activity in accumulated other comprehensive loss is as follows:

 

(Unaudited, amounts in thousands)

 

Unrealized
gain on
marketable
securities

 

Translation
adjustment

 

Change in
fair value
of cash
flow hedge

 

Net pension
amortization
and net
actuarial
loss

 

Accumulated
other
comprehensive
loss

 

Balance at April 27, 2013

 

$
474

 

$
4,779

 

$
231

 

$
(40,980

)

$
(35,496

)

Changes before reclassifications

 
1,308

 
(2,324

)
(780

)
6,286

 
4,490

 

Amounts reclassified to net income

 
(300

)

—

 
321

 
3,566

 
3,587

 

Tax effect

 
(384

)

—

 
175

 
(3,752

)
(3,961

)

Other comprehensive income (loss) attributable to La-Z-Boy Incorporated

 
624

 
(2,324

)
(284

)
6,100

 
4,116

 

Balance at April 26, 2014

 
1,098

 
2,455

 
(53

)
(34,880

)
(31,380

)

Changes before reclassifications

 
347

 
415

 
152

 

—

 
914

 

Amounts reclassified to net income

 
(6

)

—

 
18

 
701

 
713

 

Tax effect

 
(130

)

—

 
(65

)
(267

)
(462

)

Other comprehensive income attributable to La-Z-Boy Incorporated

 
211

 
415

 
105

 
434

 
1,165

 

Balance at July 26, 2014

 

$
1,309

 

$
2,870

 

$
52

 

$
(34,446

)

$
(30,215

)

 

The unrealized gain on marketable securities was reclassified from accumulated other comprehensive loss to net income through other income (expense) in our consolidated statement of income, and the change in fair value of cash flow hedge and the net pension amortization were reclassified to net income through selling, general and administrative expense.

 

The components of non-controlling interest were as follows:

 

(Unaudited, amounts in thousands)

 

 

 

Balance at April 27, 2013

 

$
7,140

 

Net income

 
1,324

 

Other comprehensive loss

 
(730

)

Change in non-controlling interest

 
98

 

Balance at April 26, 2014

 
7,832

 

Net loss

 
(36

)

Other comprehensive income

 
113

 

Balance at July 26, 2014

 

$
7,909