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Accumulated Other Comprehensive Income (Loss) (Tables)
9 Months Ended
Jan. 27, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Activity in Accumulated Other Comprehensive Income (Loss)
Activity in accumulated other comprehensive income (loss) for the quarters ended January 27, 2024, and January 28, 2023, is as follows:
(Unaudited, amounts in thousands)Translation adjustmentUnrealized gain (loss) on marketable securitiesNet pension amortization and net actuarial lossAccumulated other comprehensive income (loss)
Balance at October 28, 2023$(4,696)$(12)$(2,684)$(7,392)
Changes before reclassifications2,147 454 — 2,601 
Amounts reclassified to net income— — 31 31 
Tax effect— (112)(8)(120)
Other comprehensive income attributable to La-Z-Boy Incorporated2,147 342 23 2,512 
Balance at January 27, 2024$(2,549)$330 $(2,661)$(4,880)
Balance at October 29, 2022$(6,551)$(501)$(3,465)$(10,517)
Changes before reclassifications4,014 303 — 4,317 
Amounts reclassified to net income— 78 49 127 
Tax effect— (94)(13)(107)
Other comprehensive income attributable to La-Z-Boy Incorporated4,014 287 36 4,337 
Balance at January 28, 2023$(2,537)$(214)$(3,429)$(6,180)
Activity in accumulated other comprehensive income (loss) for the nine months ended January 27, 2024 and January 28, 2023, is as follows:
(Unaudited, amounts in thousands)Translation adjustmentUnrealized gain (loss) on marketable securitiesNet pension amortization and net actuarial lossAccumulated other comprehensive income (loss)
Balance at April 29, 2023$(2,652)$(145)$(2,731)$(5,528)
Changes before reclassifications103 300 — 403 
Amounts reclassified to net income— 331 93 424 
Tax effect— (156)(23)(179)
Other comprehensive income attributable to La-Z-Boy Incorporated103 475 70 648 
Balance at January 27, 2024$(2,549)$330 $(2,661)$(4,880)
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)
Schedule of Components of Non-controlling Interest
The components of noncontrolling interest were as follows:
Quarter EndedNine Months Ended
(Unaudited, amounts in thousands)1/27/20241/28/20231/27/20241/28/2023
Balance as of the beginning of the period$9,507 $9,128 $10,261 $8,897 
Net income (loss)44 (149)986 1,005 
Other comprehensive income (loss)115 1,427 (409)504 
Dividends distributed to joint venture minority partners— — (1,172)— 
Balance as of the end of the period$9,666 $10,406 $9,666 $10,406