Earnings per Share (Tables)

9 Months Ended

Jan. 23, 2021

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