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Goodwill and Other Intangible Assets
 3 Months Ended
Jul. 27, 2024
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets Goodwill and Other Intangible Assets
We have goodwill on our consolidated balance sheet as follows:

Reportable Segment/UnitReporting UnitRelated Acquisition
Wholesale SegmentUnited KingdomWholesale business in the United Kingdom and Ireland
Wholesale SegmentUnited KingdomLa-Z-Boy United Kingdom Manufacturing (Furnico)
Retail SegmentRetail
La-Z-Boy Furniture Galleries® stores
Corporate and Other JoybirdJoybird

The following table summarizes changes in the carrying amount of our goodwill by reportable segment:

(Unaudited, amounts in thousands)Wholesale
Segment		Retail
Segment		Corporate
and Other		Total
Goodwill
Balance at April 27, 2024 (1)
$20,085 $138,922 $55,446 $214,453 
Acquisitions— 5,099 — 5,099 
Translation adjustment599 (42)— 557 
Balance at July 27, 2024 (1)
$20,684 $143,979 $55,446 $220,109 
(1)Includes $26.9 million of accumulated impairment losses in Corporate and Other.

We have intangible assets on our consolidated balance sheet as follows:

Reportable SegmentIntangible AssetUseful Life
Wholesale SegmentCustomer relationships from our acquisition of the wholesale business in the United Kingdom and Ireland
Amortizable over 15 year useful life
Wholesale Segment
American Drew® trade name
Indefinite-lived
Retail Segment
Reacquired rights to own and operate La-Z-Boy Furniture Galleries® stores
Indefinite-lived
Corporate and Other
Joybird® trade name
Amortizable over eight-year useful life

The following summarizes changes in our intangible assets:

(Unaudited, amounts in thousands)Indefinite-
Lived Trade
Names		Finite-Lived
Trade Name		Indefinite-
Lived
Reacquired
Rights		Other
Intangible
Assets		Total
Intangible
Assets
Balance at April 27, 2024$1,155 $1,796 $42,640 $1,660 $47,251 
Acquisitions— — 1,671 — 1,671 
Amortization— (200)— (55)(255)
Translation adjustment— — (32)49 17 
Balance at July 27, 2024$1,155 $1,596 $44,279 $1,654 $48,684 

We test indefinite-lived intangibles and goodwill for impairment on an annual basis in the fourth quarter of each fiscal year, and more frequently if events or changes in circumstances indicate that an asset might be impaired. We test amortizable intangible assets for impairment if events or changes in circumstances indicate that the assets might be impaired.