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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Apr. 24, 2021
Apr. 25, 2020
Current assets    
Cash and equivalents $ 391,213 $ 261,553
Restricted cash 3,490 1,975
Receivables, net of allowance of $4,011 at 4/24/2021 and $7,541 at 4/25/2020 139,341 99,351
Inventories, net 226,137 181,643
Other current assets 165,979 81,804
Total current assets 926,160 626,326
Property, plant and equipment, net 219,194 214,767
Goodwill 175,814 161,017
Other intangible assets, net 30,431 28,653
Deferred income taxes – long-term 11,915 20,839
Right of use lease asset 343,800 318,647
Other long-term assets, net 79,008 64,640
Total assets 1,786,322 1,434,889
Current liabilities    
Short-term borrowings 0 75,000
Accounts payable 94,152 55,511
Lease liability, short-term 67,614 64,376
Accrued expenses and other current liabilities 449,904 155,282
Total current liabilities 611,670 350,169
Lease liability, long-term 295,023 270,162
Other long-term liabilities 97,483 98,252
Shareholders' equity    
Preferred shares – 5,000 authorized; none issued 0 0
Common shares, $1 par value – 150,000 authorized; 45,361 outstanding at 4/24/2021 and 45,857 outstanding at 4/25/2020 45,361 45,857
Capital in excess of par value 330,648 318,215
Retained earnings 399,010 343,633
Accumulated other comprehensive loss (1,521) (6,952)
Total La-Z-Boy Incorporated shareholders' equity 773,498 700,753
Noncontrolling interests 8,648 15,553
Total equity 782,146 716,306
Total liabilities and equity $ 1,786,322 $ 1,434,889