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Earnings per Share (Tables)
6 Months Ended
Oct. 27, 2018
Earnings per Share  
Reconciliation of numerators and denominators used in the computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Six Months Ended

(Unaudited, amounts in thousands)

    

10/27/18

    

10/28/17

    

10/27/18

    

10/28/17

Numerator (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to La-Z-Boy Incorporated

 

$

20,012

 

$

22,896

 

$

38,315

 

$

34,547

Income allocated to participating securities

 

 

(63)

 

 

(117)

 

 

(139)

 

 

(172)

Net income available to common shareholders

 

$

19,949

 

$

22,779

 

$

38,176

 

$

34,375

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares outstanding

 

 

46,888

 

 

47,964

 

 

46,802

 

 

48,160

Add:

 

 

 

 

 

 

 

 

 

 

 

 

Contingent common shares

 

 

85

 

 

96

 

 

85

 

 

99

Stock option dilution

 

 

286

 

 

237

 

 

332

 

 

278

Diluted weighted average common shares outstanding

 

 

47,259

 

 

48,297

 

 

47,219

 

 

48,537