XML 20 R36.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended
--- | ---
Jan. 25, 2020
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Schedul of activity in accumulated other comprehensive loss | The activity in accumulated other comprehensive income (loss) for the quarters ended January 25, 2020, and January 26, 2019, is as follows:
(Unaudited, amounts in thousands) |  | Translation adjustment |  | Change in fair value of cash flow hedge |  | Unrealized gain (loss) on marketable securities |  | Net pension amortization and net actuarial loss |  | Accumulated other comprehensive loss
Balance at October 26, 2019 |  | $ | 1,345 |  |  | $ | — |  |  | $ | 418 |  |  | $ | (4,231 | ) |  | $ | (2,468 | )
Changes before reclassifications |  | 50 |  |  | — |  |  | 41 |  |  | — |  |  | 91 |
Amounts reclassified to net income |  | — |  |  | — |  |  | (20 | ) |  | 55 |  |  | 35 |
Tax effect |  | — |  |  | — |  |  | (5 | ) |  | (14 | ) |  | (19 | )
Other comprehensive income attributable to La-Z-Boy Incorporated |  | 50 |  |  | — |  |  | 16 |  |  | 41 |  |  | 107 |
Balance at January 25, 2020 |  | $ | 1,395 |  |  | $ | — |  |  | $ | 434 |  |  | $ | (4,190 | ) |  | $ | (2,361 | )
Balance at October 27, 2018 |  | $ | (24 | ) |  | $ | (24 | ) |  | $ | (197 | ) |  | $ | (28,084 | ) |  | $ | (28,329 | )
Changes before reclassifications |  | 800 |  |  | — |  |  | 72 |  |  | — |  |  | 872 |
Amounts reclassified to net income |  | — |  |  | 93 |  |  | 48 |  |  | 687 |  |  | 828 |
Tax effect |  | — |  |  | (23 | ) |  | (30 | ) |  | (172 | ) |  | (225 | )
Other comprehensive income attributable to La-Z-Boy Incorporated |  | 800 |  |  | 70 |  |  | 90 |  |  | 515 |  |  | 1,475 |
Balance at January 26, 2019 |  | $ | 776 |  |  | $ | 46 |  |  | $ | (107 | ) |  | $ | (27,569 | ) |  | $ | (26,854 | )
The activity in accumulated other comprehensive income (loss) for the nine months ended January 25, 2020, and January 26, 2019, is as follows:
(Unaudited, amounts in thousands) |  | Translation adjustment |  | Change in fair value of cash flow hedge |  | Unrealized gain (loss) on marketable securities |  | Net pension amortization and net actuarial loss |  | Accumulated other comprehensive loss
Balance at April 27, 2019 |  | $ | 50 |  |  | $ | 87 |  |  | $ | 6 |  |  | $ | (3,605 | ) |  | $ | (3,462 | )
Changes before reclassifications |  | 1,345 |  |  | — |  |  | 253 |  |  | — |  |  | 1,598 |
Reclassification of certain income tax effects (1) |  | — |  |  | (97 | ) |  | 258 |  |  | (708 | ) |  | (547 | )
Amounts reclassified to net income |  | — |  |  | 14 |  |  | (28 | ) |  | 164 |  |  | 150 |
Tax effect |  | — |  |  | (4 | ) |  | (55 | ) |  | (41 | ) |  | (100 | )
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated |  | 1,345 |  |  | (87 | ) |  | 428 |  |  | (585 | ) |  | 1,101 |
Balance at January 25, 2020 |  | $ | 1,395 |  |  | $ | — |  |  | $ | 434 |  |  | $ | (4,190 | ) |  | $ | (2,361 | )
Balance at April 28, 2018 |  | $ | 2,388 |  |  | $ | 154 |  |  | $ | 1,376 |  |  | $ | (29,117 | ) |  | $ | (25,199 | )
Changes before reclassifications |  | (1,612 | ) |  | (369 | ) |  | 175 |  |  | — |  |  | (1,806 | )
Cumulative effect adjustment for investments (2) |  | — |  |  | — |  |  | (1,637 | ) |  | — |  |  | (1,637 | )
Amounts reclassified to net income |  | — |  |  | 225 |  |  | 29 |  |  | 2,059 |  |  | 2,313 |
Tax effect |  | — |  |  | 36 |  |  | (50 | ) |  | (511 | ) |  | (525 | )
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated |  | (1,612 | ) |  | (108 | ) |  | (1,483 | ) |  | 1,548 |  |  | (1,655 | )
Balance at January 26, 2019 |  | $ | 776 |  |  | $ | 46 |  |  | $ | (107 | ) |  | $ | (27,569 | ) |  | $ | (26,854 | )
(1) | Income tax effects of the Tax Cuts and Jobs Act are reclassified from AOCI to retained earnings due to adoption of ASU 2018-02.
(2) The cumulative effect adjustment for investments is composed of $2.1 million of unrealized gains on equity investments offset by $0.5 million of tax expense. We reclassified the net $1.6 million of cumulative effect adjustment from accumulated other comprehensive loss to retained earnings as a result of adopting ASU 2016-01.
Schedule of components of non-controlling interest | The components of non-controlling interest were as follows:
|  | Quarter Ended |  | Nine Months Ended
(Unaudited, amounts in thousands) |  | 1/25/20 |  | 1/26/19 |  | 1/25/20 |  | 1/26/19
Balance as of the beginning of the period |  | $ | 15,543 |  |  | $ | 13,411 |  |  | $ | 14,468 |  |  | $ | 13,035 |
Net income |  | 204 |  |  | 443 |  |  | 434 |  |  | 1,428 |
Other comprehensive income (loss) |  | (162 | ) |  | 669 |  |  | 683 |  |  | 60 |
Balance as of the end of the period |  | $ | 15,585 |  |  | $ | 14,523 |  |  | $ | 15,585 |  |  | $ | 14,523 |

X
- Definition Tabular disclosure of the components of noncontrolling interest. + References No definition available. + Details
Name: | lzb_ComponentsOfNonControllingInterestTableTextBlock
Namespace Prefix: | lzb_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_AccumulatedOtherComprehensiveIncomeLossNetOfTaxAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=118930883&loc=SL7669686-108580 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration