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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Apr. 28, 2018
Apr. 29, 2017
Apr. 30, 2016
CONSOLIDATED STATEMENT OF INCOME      
Sales $ 1,583,947 $ 1,520,060 $ 1,525,398
Cost of sales 961,200 910,757 940,420
Gross profit 622,747 609,303 584,978
Selling, general and administrative expense 493,378 475,961 459,647
Operating income 129,369 133,342 125,331
Interest expense 538 1,073 486
Interest income 1,709 981 827
Other income (expense), net (1,650) (2,510) (629)
Income before income taxes 128,890 130,740 125,043
Income tax expense 47,295 43,756 44,080
Net income 81,595 86,984 80,963
Net income attributable to noncontrolling interests (729) (1,062) (1,711)
Net income attributable to La-Z-Boy Incorporated $ 80,866 $ 85,922 $ 79,252
Basic weighted average common shares (in shares) 47,621 48,963 50,194
Basic net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 1.69 $ 1.75 $ 1.57
Diluted weighted average common shares (in shares) 48,135 49,470 50,765
Diluted net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 1.67 $ 1.73 $ 1.55
Dividends declared per share (in dollars per share) $ 0.46 $ 0.42 $ 0.36