XML 20 R9.htm IDEA: XBRL DOCUMENT v3.7.0.1
Acquisitions
 3 Months Ended
Jul. 29, 2017
Acquisitions  
Acquisitions

 

Note 2: Acquisitions

 

As we previously reported in our fiscal 2017 Annual Report on Form 10-K, we acquired the La-Z-Boy wholesale business in the United Kingdom and Ireland in the third quarter of fiscal 2017. Per the terms of the purchase agreement, payment for the business was due 90 business days following the date of acquisition, and accordingly, we paid $15.9 million in the first quarter of fiscal 2018.