XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Oct. 28, 2023
Apr. 29, 2023
Current assets    
Cash and equivalents $ 329,632 $ 343,374
Restricted cash 3,835 3,304
Receivables, net of allowance of $4,714 at 10/28/2023 and $4,776 at 4/29/2023 134,394 125,536
Inventories, net 268,480 276,257
Other current assets 104,675 106,129
Total current assets 841,016 854,600
Property, plant and equipment, net 270,682 278,578
Goodwill 208,473 205,008
Other intangible assets, net 41,515 39,375
Deferred income taxes – long-term 8,477 8,918
Right of use lease assets 452,232 416,269
Other long-term assets, net 57,630 63,515
Total assets 1,880,025 1,866,263
Current liabilities    
Accounts payable 98,088 107,460
Lease liabilities, short-term 77,401 77,751
Accrued expenses and other current liabilities 256,325 290,650
Total current liabilities 431,814 475,861
Lease liabilities, long-term 406,458 368,163
Other long-term liabilities 67,963 70,142
Shareholders' equity    
Preferred shares – 5,000 authorized; none issued 0 0
Common shares, $1.00 par value – 150,000 authorized; 42,875 outstanding at 10/28/2023 and 43,318 outstanding at 4/29/2023 42,875 43,318
Capital in excess of par value 361,409 358,891
Retained earnings 567,391 545,155
Accumulated other comprehensive loss (7,392) (5,528)
Total La-Z-Boy Incorporated shareholders' equity 964,283 941,836
Noncontrolling interests 9,507 10,261
Total equity 973,790 952,097
Total liabilities and equity $ 1,880,025 $ 1,866,263