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Earnings per Share (Tables) | 9 Months Ended
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Jan. 23, 2021
Earnings Per Share [Abstract] |
Schedule of reconciliation of numerators and denominators used in the computation of basic and diluted earnings per share | The following is a reconciliation of the numerators and denominators we used in our computations of basic and diluted earnings per share:
|  | Quarter Ended |  | Nine Months Ended
(Unaudited, amounts in thousands, except per share data) |  | 1/23/21 |  | 1/25/20 |  | 1/23/21 |  | 1/25/20
Numerator (basic and diluted): |  |  |  |  |  |  |  |
Net income attributable to La-Z-Boy Incorporated |  | $ | 29,232 |  |  | $ | 34,512 |  |  | $ | 68,965 |  |  | $ | 75,174 |
Income allocated to participating securities |  | (9) |  |  | (45) |  |  | (33) |  |  | (121) |
Net income available to common Shareholders |  | $ | 29,223 |  |  | $ | 34,467 |  |  | $ | 68,932 |  |  | $ | 75,053 |
Denominator: |  |  |  |  |  |  |  |
Basic weighted average common shares outstanding |  | 46,261 |  |  | 46,262 |  |  | 46,064 |  |  | 46,545 |
Add: |  |  |  |  |  |  |  |
Contingent common shares |  | 224 |  |  | 148 |  |  | 195 |  |  | 147 |
Stock option dilution |  | 333 |  |  | 174 |  |  | 148 |  |  | 175 |
Diluted weighted average common shares outstanding |  | 46,818 |  |  | 46,584 |  |  | 46,407 |  |  | 46,867 |
Earnings per Share: |  |  |  |  |  |  |  |
Basic |  | $ | 0.63 |  |  | $ | 0.75 |  |  | $ | 1.50 |  |  | $ | 1.61 |
Diluted |  | $ | 0.62 |  |  | $ | 0.74 |  |  | $ | 1.49 |  |  | $ | 1.60 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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