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Accumulated Other Comprehensive Loss (Tables)

12 Months Ended

Apr. 30, 2022

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of Activity in Accumulated Other Comprehensive Loss

Activity in accumulated other comprehensive loss was as follows:

(Amounts in thousands)						Translation adjustment						Change in fair value of cash flow hedge						Unrealized gain (loss) on marketable securities						Net pension amortization and net actuarial loss						Accumulated other comprehensive loss
Balance at April 27, 2019						$	50					$	87					$	6					$	(3,605)					$	(3,462)
Changes before reclassifications						(1,941)						—						387						(1,809)						(3,363)
Reclassification of certain income tax effects (1)						—						(97)						258						(708)						(547)
Amounts reclassified to net income						—						14						(141)						218						91
Tax effect						—						(4)						(61)						394						329
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated						(1,941)						(87)						443						(1,905)						(3,490)
Balance at April 25, 2020						$	(1,891)					$	—					$	449					$	(5,510)					$	(6,952)
Changes before reclassifications						4,932						—						(96)						428						5,264
Amounts reclassified to net income						—						—						(9)						347						338
Tax effect						—						—						26						(197)						(171)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated						4,932						—						(79)						578						5,431
Balance at April 24, 2021						$	3,041					$	—					$	370					$	(4,932)					$	(1,521)
Changes before reclassifications						(5,002)						—						(947)						1,539						(4,410)
Amounts reclassified to net income						—						—						59						306						365
Tax effect						—						—						220						(451)						(231)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated						(5,002)						—						(668)						1,394						(4,276)
Balance at April 30, 2022						$	(1,961)					$	—					$	(298)					$	(3,538)					$	(5,797)

(1)Income tax effects of the Tax Cuts and Jobs Act are reclassified from AOCI to retained earnings due to adoption of ASU 2018-02, Income Statement-Reporting Comprehensive Income (Topic 220).

Components of Noncontrolling Interest

The components of noncontrolling interest were as follows:

						Fiscal Year Ended
						(53 weeks)						(52 weeks)						(52 weeks)
(Amounts in thousands)						4/30/2022						4/24/2021						4/25/2020
Balance as of the beginning of the year						$	8,648					$	15,553					$	14,468
Net income						2,311						1,068						1,515
Other comprehensive income (loss)						(802)						534						(266)
Dividends distributed to joint venture minority partners						(1,260)						(8,507)						—
Other changes in noncontrolling interests						—						—						(164)
Balance as of the end of the year						$	8,897					$	8,648					$	15,553

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- Definition

Tabular disclosure of the components of accumulated other comprehensive income (loss).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-URI http://asc.fasb.org/extlink&oid=124509347&loc=SL7669686-108580

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 830
-SubTopic 30
-Section 45
-Paragraph 20
-URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900

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