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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended
Jul. 29, 2017
Jul. 30, 2016
CONSOLIDATED STATEMENT OF INCOME    
Sales $ 357,079 $ 340,783
Cost of sales 217,976 206,562
Gross profit 139,103 134,221
Selling, general and administrative expense 122,805 111,763
Operating income 16,298 22,458
Interest expense 157 115
Interest income 343 204
Other income (expense), net 1,749 (762)
Income before income taxes 18,233 21,785
Income tax expense 6,489 7,777
Net income 11,744 14,008
Net income attributable to noncontrolling interests (93) (202)
Net income attributable to La-Z-Boy Incorporated $ 11,651 $ 13,806
Basic weighted average common shares (in shares) 48,357 49,105
Basic net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.24 $ 0.28
Diluted weighted average common shares (in shares) 48,846 49,594
Diluted net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.24 $ 0.28
Dividends declared per share (in dollars per share) $ 0.11 $ 0.10