XML 16 R4.htm IDEA: XBRL DOCUMENT v3.23.2
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jul. 29, 2023
Apr. 29, 2023
Current assets    
Cash and equivalents $ 336,434 $ 343,374
Restricted cash 3,816 3,304
Receivables, net of allowance of $4,425 at 7/29/2023 and $4,776 at 4/29/2023 110,857 125,536
Inventories, net 269,429 276,257
Other current assets 108,944 106,129
Total current assets 829,480 854,600
Property, plant and equipment, net 277,282 278,578
Goodwill 207,488 205,008
Other intangible assets, net 41,529 39,375
Deferred income taxes – long-term 8,545 8,918
Right of use lease assets 422,894 416,269
Other long-term assets, net 60,367 63,515
Total assets 1,847,585 1,866,263
Current liabilities    
Accounts payable 97,954 107,460
Lease liabilities, short-term 77,758 77,751
Accrued expenses and other current liabilities 262,196 290,650
Total current liabilities 437,908 475,861
Lease liabilities, long-term 374,972 368,163
Other long-term liabilities 70,775 70,142
Shareholders' equity    
Preferred shares – 5,000 authorized; none issued 0 0
Common shares, $1.00 par value – 150,000 authorized; 43,110 outstanding at 7/29/2023 and 43,318 outstanding at 4/29/2023 43,110 43,318
Capital in excess of par value 356,684 358,891
Retained earnings 557,666 545,155
Accumulated other comprehensive loss (4,198) (5,528)
Total La-Z-Boy Incorporated shareholders' equity 953,262 941,836
Noncontrolling interests 10,668 10,261
Total equity 963,930 952,097
Total liabilities and equity $ 1,847,585 $ 1,866,263