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v3.21.2

Revenue Recognition (Tables) | 3 Months Ended
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Jul. 24, 2021
Revenue from Contract with Customer [Abstract] |
Schedule of disaggregation of revenue by product category by segment or unit | The following table presents our revenue disaggregated by product category and by segment or unit:
|  | Quarter Ended July 24, 2021 |  |
(Unaudited, amounts in thousands) |  | Wholesale |  | Retail |  | Corporate and Other |  | Total |  |  |  |  |  |  |  |
Motion Upholstery Furniture |  | $ | 226,612 |  |  | $ | 102,504 |  |  | $ | 154 |  |  | $ | 329,270 |  |  |  |  |  |  |  |  |
Stationary Upholstery Furniture |  | 91,409 |  |  | 42,365 |  |  | 47,347 |  |  | 181,121 |  |  |  |  |  |  |  |  |
Bedroom Furniture |  | 11,925 |  |  | 1,985 |  |  | 3,248 |  |  | 17,158 |  |  |  |  |  |  |  |  |
Dining Room Furniture |  | 6,986 |  |  | 3,249 |  |  | 1,100 |  |  | 11,335 |  |  |  |  |  |  |  |  |
Occasional Furniture |  | 12,599 |  |  | 6,022 |  |  | 995 |  |  | 19,616 |  |  |  |  |  |  |  |  |
Other (1) |  | 43,968 |  |  | 25,722 |  |  | (9,210) |  |  | 60,480 |  |  |  |  |  |  |  |  |
Total |  | $ | 393,499 |  |  | $ | 181,847 |  |  | $ | 43,634 |  |  | $ | 618,980 |  |  |  |  |  |  |  |  |
Eliminations |  |  |  |  |  |  |  | (94,197) |  |  |  |  |  |  |  |  |
Consolidated Net Sales |  |  |  |  |  |  |  | $ | 524,783 |  |  |  |  |  |  |  |  |
|  | Quarter Ended July 25, 2020 |  |
(Unaudited, amounts in thousands) |  | Wholesale |  | Retail |  | Corporate and Other |  | Total |  |  |  |  |  |  |  |
Motion Upholstery Furniture |  | $ | 132,264 |  |  | $ | 53,447 |  |  | $ | 61 |  |  | $ | 185,772 |  |  |  |  |  |  |  |  |
Stationary Upholstery Furniture |  | 58,314 |  |  | 17,655 |  |  | 16,073 |  |  | 92,042 |  |  |  |  |  |  |  |  |
Bedroom Furniture |  | 7,112 |  |  | 1,095 |  |  | 1,231 |  |  | 9,438 |  |  |  |  |  |  |  |  |
Dining Room Furniture |  | 4,547 |  |  | 1,818 |  |  | 657 |  |  | 7,022 |  |  |  |  |  |  |  |  |
Occasional Furniture |  | 8,110 |  |  | 3,410 |  |  | 729 |  |  | 12,249 |  |  |  |  |  |  |  |  |
Other (1) |  | 13,226 |  |  | 13,712 |  |  | (2,010) |  |  | 24,928 |  |  |  |  |  |  |  |  |
Total |  | $ | 223,573 |  |  | $ | 91,137 |  |  | $ | 16,741 |  |  | $ | 331,451 |  |  |  |  |  |  |  |  |
Eliminations |  |  |  |  |  |  |  | (45,993) |  |  |  |  |  |  |  |  |
Consolidated Net Sales |  |  |  |  |  |  |  | $ | 285,458 |  |  |  |  |  |  |  |  |
(1)Primarily includes revenue for delivery, advertising, royalties, parts, accessories, after-treatment products, surcharges, discounts and allowances, rebates and other sales incentives.
Contract with customer, contract assets and contract liabilities | The following presents our contract assets and liabilities:
(Unaudited, amounts in thousands) |  | 7/24/2021 |  | 4/24/2021
Contract assets |  | $ | 129,723 |  |  | $ | 108,460 |
Customer deposits |  | $ | 183,434 |  |  | $ | 180,766 |
Deferred revenue |  | 129,723 |  |  | 108,460 |
Total contract liabilities (1) |  | $ | 313,157 |  |  | $ | 289,226 |
(1)During the quarter ended July 24, 2021, we recognized revenue of $165.5 million, related to our contract liability balance at April 24, 2021.

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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
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