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Earnings per Share (Tables)
9 Months Ended
Jan. 26, 2019
Earnings per Share  
Reconciliation of numerators and denominators used in the computation of basic and diluted earnings per share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Nine Months Ended

(Unaudited, amounts in thousands)

    

1/26/2019

    

1/27/2018

    

1/26/2019

    

1/27/2018

Numerator (basic and diluted):

 

 

 

 

 

 

 

 

 

 

 

 

Net income attributable to La-Z-Boy Incorporated

 

$

28,731

 

$

12,109

 

$

67,046

 

$

46,656

Income allocated to participating securities

 

 

(92)

 

 

(62)

 

 

(231)

 

 

(234)

Net income available to common shareholders

 

$

28,639

 

$

12,047

 

$

66,815

 

$

46,422

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average common shares outstanding

 

 

46,820

 

 

47,234

 

 

46,808

 

 

47,852

Add:

 

 

 

 

 

 

 

 

 

 

 

 

Contingent common shares

 

 

131

 

 

178

 

 

135

 

 

176

Stock option dilution

 

 

140

 

 

345

 

 

269

 

 

297

Diluted weighted average common shares outstanding

 

 

47,091

 

 

47,757

 

 

47,212

 

 

48,325