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Goodwill and Other Intangible Assets (Tables) | 3 Months Ended
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Jul. 24, 2021
Goodwill and Intangible Assets Disclosure [Abstract] |
Schedule of goodwill | We have goodwill on our consolidated balance sheet as follows:
Reportable Segment/Unit |  | Reporting Unit |  | Related Acquisition
Wholesale Segment |  | La-Z-Boy United Kingdom |  | Wholesale business in the United Kingdom and Ireland
Retail Segment |  | Retail |  | La-Z-Boy Furniture Galleries® stores
Corporate & Other |  | Joybird |  | Joybird
The following table summarizes changes in the carrying amount of our goodwill by reportable segment:
(Unaudited, amounts in thousands) |  | Wholesale Segment |  | Retail Segment |  | Corporate and Other |  | Total Goodwill
Balance at April 24, 2021 |  | $ | 13,052 |  |  | $ | 107,316 |  |  | $ | 55,446 |  |  | $ | 175,814 |
Translation adjustment |  | (116) |  |  | (27) |  |  | — |  |  | (143) |
Balance at July 24, 2021 |  | $ | 12,936 |  |  | $ | 107,289 |  |  | $ | 55,446 |  |  | $ | 175,671 |
Schedule of other intangible assets - indefinite-lived | We have intangible assets on our consolidated balance sheet as follows:
Reportable Segment/Unit |  | Intangible Asset |  | Useful Life
Wholesale Segment |  | Primarily acquired customer relationships from our acquisition of the wholesale business in the United Kingdom and Ireland |  | Amortizable over useful lives that do not exceed 15 years
Wholesale Segment |  | American Drew® trade name |  | Indefinite-lived
Retail Segment |  | Reacquired rights to own and operate La-Z-Boy Furniture Galleries® stores |  | Indefinite-lived
Corporate & Other |  | Joybird® trade name |  | Amortizable over eight-year useful life
The following summarizes changes in our intangible assets:
(Unaudited, amounts in thousands) |  | Indefinite- Lived Trade Names |  | Finite- Lived Trade Name |  | Indefinite- Lived Reacquired Rights |  | Other Intangible Assets |  | Total Other Intangible Assets
Balance at April 24, 2021 |  | $ | 1,155 |  |  | $ | 4,205 |  |  | $ | 22,507 |  |  | $ | 2,564 |  |  | $ | 30,431 |
Amortization |  | — |  |  | (200) |  |  | — |  |  | (61) |  |  | (261) |
Translation adjustment |  | — |  |  | — |  |  | (20) |  |  | (21) |  |  | (41) |
Balance at July 24, 2021 |  | $ | 1,155 |  |  | $ | 4,005 |  |  | $ | 22,487 |  |  | $ | 2,482 |  |  | $ | 30,129 |
Schedule of other intangible assets - finite-lived | We have intangible assets on our consolidated balance sheet as follows:
Reportable Segment/Unit |  | Intangible Asset |  | Useful Life
Wholesale Segment |  | Primarily acquired customer relationships from our acquisition of the wholesale business in the United Kingdom and Ireland |  | Amortizable over useful lives that do not exceed 15 years
Wholesale Segment |  | American Drew® trade name |  | Indefinite-lived
Retail Segment |  | Reacquired rights to own and operate La-Z-Boy Furniture Galleries® stores |  | Indefinite-lived
Corporate & Other |  | Joybird® trade name |  | Amortizable over eight-year useful life
The following summarizes changes in our intangible assets:
(Unaudited, amounts in thousands) |  | Indefinite- Lived Trade Names |  | Finite- Lived Trade Name |  | Indefinite- Lived Reacquired Rights |  | Other Intangible Assets |  | Total Other Intangible Assets
Balance at April 24, 2021 |  | $ | 1,155 |  |  | $ | 4,205 |  |  | $ | 22,507 |  |  | $ | 2,564 |  |  | $ | 30,431 |
Amortization |  | — |  |  | (200) |  |  | — |  |  | (61) |  |  | (261) |
Translation adjustment |  | — |  |  | — |  |  | (20) |  |  | (21) |  |  | (41) |
Balance at July 24, 2021 |  | $ | 1,155 |  |  | $ | 4,005 |  |  | $ | 22,487 |  |  | $ | 2,482 |  |  | $ | 30,129 |

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