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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
 3 Months Ended 6 Months Ended
Oct. 28, 2017
Oct. 29, 2016
Oct. 28, 2017
Oct. 29, 2016
CONSOLIDATED STATEMENT OF INCOME        
Sales $ 393,205 $ 376,579 $ 750,284 $ 717,362
Cost of sales 238,253 227,195 456,229 433,757
Gross profit 154,952 149,384 294,055 283,605
Selling, general and administrative expense 120,683 115,526 243,488 227,289
Operating income 34,269 33,858 50,567 56,316
Interest expense 160 117 317 232
Interest income 376 234 719 438
Gain on conversion of investment     2,204  
Other income (expense), net (926) (969) (1,381) (1,731)
Income before income taxes 33,559 33,006 51,792 54,791
Income tax expense 10,353 11,901 16,842 19,678
Net income 23,206 21,105 34,950 35,113
Net income attributable to noncontrolling interests (310) (272) (403) (474)
Net income attributable to La-Z-Boy Incorporated $ 22,896 $ 20,833 $ 34,547 $ 34,639
Basic weighted average common shares (in shares) 47,964 49,153 48,160 49,129
Basic net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.47 $ 0.42 $ 0.71 $ 0.70
Diluted weighted average common shares (in shares) 48,297 49,511 48,537 49,554
Diluted net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.47 $ 0.42 $ 0.71 $ 0.70
Dividends declared per share (in dollars per share) $ 0.11 $ 0.10 $ 0.22 $ 0.20