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Accumulated Other Comprehensive Income (Loss) | 9 Months Ended
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Jan. 28, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Income (Loss) | Accumulated Other Comprehensive Income (Loss) The activity in accumulated other comprehensive income (loss) for the quarters ended January 28, 2023, and January 22, 2022, is as follows:
(Unaudited, amounts in thousands) |  | Translation adjustment |  |  |  | Unrealized gain (loss) on marketable securities |  | Net pension amortization and net actuarial loss |  | Accumulated other comprehensive income (loss)
Balance at October 29, 2022 |  | $ | (6,551) |  |  |  |  | $ | (501) |  |  | $ | (3,465) |  |  | $ | (10,517) |
Changes before reclassifications |  | 4,014 |  |  |  |  | 303 |  |  | — |  |  | 4,317 |
Amounts reclassified to net income |  | — |  |  |  |  | 78 |  |  | 49 |  |  | 127 |
Tax effect |  | — |  |  |  |  | (94) |  |  | (13) |  |  | (107) |
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated |  | 4,014 |  |  |  |  | 287 |  |  | 36 |  |  | 4,337 |
Balance at January 28, 2023 |  | $ | (2,537) |  |  |  |  | $ | (214) |  |  | $ | (3,429) |  |  | $ | (6,180) |
Balance at October 23, 2021 |  | $ | 2,340 |  |  |  |  | $ | 320 |  |  | $ | (4,813) |  |  | $ | (2,153) |
Changes before reclassifications |  | (752) |  |  |  |  | (201) |  |  | — |  |  | (953) |
Amounts reclassified to net income |  | — |  |  |  |  | 16 |  |  | 75 |  |  | 91 |
Tax effect |  | — |  |  |  |  | 45 |  |  | (19) |  |  | 26 |
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated |  | (752) |  |  |  |  | (140) |  |  | 56 |  |  | (836) |
Balance at January 22, 2022 |  | $ | 1,588 |  |  |  |  | $ | 180 |  |  | $ | (4,757) |  |  | $ | (2,989) |
The activity in accumulated other comprehensive income (loss) for the nine months ended January 28, 2023 and January 22, 2022, is as follows:
(Unaudited, amounts in thousands) |  | Translation adjustment |  |  |  | Unrealized gain (loss) on marketable securities |  | Net pension amortization and net actuarial loss |  | Accumulated other comprehensive income (loss)
Balance at April 30, 2022 |  | $ | (1,961) |  |  |  |  | $ | (298) |  |  | $ | (3,538) |  |  | $ | (5,797) |
Changes before reclassifications |  | (576) |  |  |  |  | (87) |  |  | — |  |  | (663) |
Amounts reclassified to net income |  | — |  |  |  |  | 199 |  |  | 145 |  |  | 344 |
Tax effect |  | — |  |  |  |  | (28) |  |  | (36) |  |  | (64) |
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated |  | (576) |  |  |  |  | 84 |  |  | 109 |  |  | (383) |
Balance at January 28, 2023 |  | $ | (2,537) |  |  |  |  | $ | (214) |  |  | $ | (3,429) |  |  | $ | (6,180) |
Balance at April 24, 2021 |  | $ | 3,041 |  |  |  |  | $ | 370 |  |  | $ | (4,932) |  |  | $ | (1,521) |
Changes before reclassifications |  | (1,453) |  |  |  |  | (270) |  |  | — |  |  | (1,723) |
Amounts reclassified to net income |  | — |  |  |  |  | 18 |  |  | 225 |  |  | 243 |
Tax effect |  | — |  |  |  |  | 62 |  |  | (50) |  |  | 12 |
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated |  | (1,453) |  |  |  |  | (190) |  |  | 175 |  |  | (1,468) |
Balance at January 22, 2022 |  | $ | 1,588 |  |  |  |  | $ | 180 |  |  | $ | (4,757) |  |  | $ | (2,989) |
We reclassified both the unrealized gain (loss) on marketable securities and the net pension amortization from accumulated other comprehensive loss to net income through other income (expense), net. The components of non-controlling interest were as follows:
|  | Quarter Ended |  | Nine Months Ended
(Unaudited, amounts in thousands) |  | 1/28/2023 |  | 1/22/2022 |  | 1/28/2023 |  | 1/22/2022
Balance as of the beginning of the period |  | $ | 9,128 |  |  | $ | 8,380 |  |  | $ | 8,897 |  |  | $ | 8,648 |
Net income (loss) |  | (149) |  |  | 615 |  |  | 1,005 |  |  | 2,157 |
Other comprehensive loss |  | 1,427 |  |  | 101 |  |  | 504 |  |  | (449) |
Dividends distributed to joint venture minority partners |  | — |  |  | — |  |  | — |  |  | (1,260) |
Balance as of the end of the period |  | $ | 10,406 |  |  | $ | 9,096 |  |  | $ | 10,406 |  |  | $ | 9,096 |

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- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -URI https://asc.fasb.org/topic&trid=2134417 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(21)) -URI https://asc.fasb.org/extlink&oid=126953954&loc=SL114868664-224227 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-04(23)) -URI https://asc.fasb.org/extlink&oid=120399700&loc=SL114874048-224260 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 220 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-04(19)) -URI https://asc.fasb.org/extlink&oid=120400993&loc=SL114874131-224263 + Details
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