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v3.23.2

Revenue Recognition (Tables) | 3 Months Ended
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Jul. 29, 2023
Revenue from Contract with Customer [Abstract] |
Schedule of Disaggregation of Revenue | The following table presents our revenue disaggregated by product category and by segment or unit:
|  | Quarter Ended July 29, 2023 |  | Quarter Ended July 30, 2022
(Unaudited, amounts in thousands) |  | Wholesale |  | Retail |  | Corporate and Other |  | Total |  | Wholesale |  | Retail |  | Corporate and Other |  | Total
Upholstered Furniture |  | $ | 283,418 |  |  | $ | 170,714 |  |  | $ | 46,434 |  |  | $ | 500,566 |  |  | $ | 330,478 |  |  | $ | 196,802 |  |  | $ | 51,242 |  |  | $ | 578,522 |
Casegoods Furniture |  | 20,376 |  |  | 11,833 |  |  | 4,708 |  |  | 36,917 |  |  | 28,006 |  |  | 12,454 |  |  | 7,728 |  |  | 48,188 |
Delivery |  | 40,043 |  |  | 8,243 |  |  | 1,902 |  |  | 50,188 |  |  | 56,237 |  |  | 8,016 |  |  | 1,903 |  |  | 66,156 |
Other (1) |  | (10,362) |  |  | 17,453 |  |  | (12,983) |  |  | (5,892) |  |  | 27,097 |  |  | 18,749 |  |  | (12,143) |  |  | 33,703 |
Total |  | 333,475 |  |  | 208,243 |  |  | 40,061 |  |  | 581,779 |  |  | 441,818 |  |  | 236,021 |  |  | 48,730 |  |  | 726,569 |
Eliminations |  |  |  |  |  |  |  | (100,128) |  |  |  |  |  |  |  |  | (122,478) |
Consolidated Net Sales |  |  |  |  |  |  |  | $ | 481,651 |  |  |  |  |  |  |  |  | $ | 604,091 |
(1)Primarily includes discounts and allowances, revenue for advertising, royalties, parts, accessories, after-treatment products, surcharges, rebates and other sales incentives. In fiscal 2024, certain amounts that were previously charged as surcharges in fiscal 2023 are now included in the base product pricing and reflected in the amounts by product category.
Contract with Customer, Contract Assets and Contract Liabilities | The following table presents our contract assets and liabilities:
(Unaudited, amounts in thousands) |  | 7/29/2023 |  | 4/29/2023
Contract assets |  | $ | 41,604 |  |  | $ | 44,939 |
Customer deposits |  | $ | 97,172 |  |  | $ | 105,766 |
Deferred revenue |  | 41,604 |  |  | 44,939 |
Total contract liabilities (1) |  | $ | 138,776 |  |  | $ | 150,705 |
(1)During the quarter ended July 29, 2023, we recognized revenue of $126.0 million related to our contract liability balance at April 29, 2023.

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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 -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 10 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-10 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 5 -Publisher FASB -URI https://asc.fasb.org//1943274/2147479806/606-10-50-5 + Details
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