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Goodwill and Other Intangible Assets (Tables) | 9 Months Ended
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Jan. 22, 2022
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
Wholesale Segment |  | La-Z-Boy United Kingdom Manufacturing |  | La-Z-Boy United Kingdom Manufacturing (Furnico)
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 |
Acquisitions |  | 7,926 |  |  | 11,748 |  |  | — |  |  | 19,674 |
Translation adjustment |  | (445) |  |  | (33) |  |  | — |  |  | (478) |
Balance at January 22, 2022 |  | $ | 20,533 |  |  | $ | 119,031 |  |  | $ | 55,446 |  |  | $ | 195,010 |
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 |
Acquisitions |  | — |  |  | — |  |  | 4,896 |  |  | — |  |  | 4,896 |
Amortization |  | — |  |  | (599) |  |  | — |  |  | (178) |  |  | (777) |
Translation adjustment |  | — |  |  | — |  |  | (25) |  |  | (56) |  |  | (81) |
Balance at January 22, 2022 |  | $ | 1,155 |  |  | $ | 3,606 |  |  | $ | 27,378 |  |  | $ | 2,330 |  |  | $ | 34,469 |
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 |
Acquisitions |  | — |  |  | — |  |  | 4,896 |  |  | — |  |  | 4,896 |
Amortization |  | — |  |  | (599) |  |  | — |  |  | (178) |  |  | (777) |
Translation adjustment |  | — |  |  | — |  |  | (25) |  |  | (56) |  |  | (81) |
Balance at January 22, 2022 |  | $ | 1,155 |  |  | $ | 3,606 |  |  | $ | 27,378 |  |  | $ | 2,330 |  |  | $ | 34,469 |

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