XML 44 R33.htm IDEA: XBRL DOCUMENT v3.24.3
Accumulated Other Comprehensive Income (Loss) (Tables)
6 Months Ended
Oct. 26, 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 October 26, 2024, and October 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 July 27, 2024$(2,597)$359 $(2,297)$(4,535)
Changes before reclassifications924 (21)— 903 
Amounts reclassified to net income— (2)21 19 
Tax effect— (5)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated924 (17)16 923 
Balance at October 26, 2024$(1,673)$342 $(2,281)$(3,612)
Balance at July 29, 2023$(1,565)$75 $(2,708)$(4,198)
Changes before reclassifications(3,131)(139)— (3,270)
Amounts reclassified to net income— 24 31 55 
Tax effect— 28 (7)21 
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated(3,131)(87)24 (3,194)
Balance at October 28, 2023$(4,696)$(12)$(2,684)$(7,392)

Activity in accumulated other comprehensive income (loss) for the six months ended October 26, 2024, and October 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 27, 2024$(3,804)$246 $(2,312)$(5,870)
Changes before reclassifications2,131 129 — 2,260 
Amounts reclassified to net income— (2)41 39 
Tax effect— (31)(10)(41)
Other comprehensive income attributable to La-Z-Boy Incorporated2,131 96 31 2,258 
Balance at October 26, 2024$(1,673)$342 $(2,281)$(3,612)
Balance at April 29, 2023$(2,652)$(145)$(2,731)$(5,528)
Changes before reclassifications(2,044)(154)— (2,198)
Amounts reclassified to net income— 331 62 393 
Tax effect— (44)(15)(59)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated(2,044)133 47 (1,864)
Balance at October 28, 2023$(4,696)$(12)$(2,684)$(7,392)
Schedule of Components of Non-controlling Interest
The components of noncontrolling interest were as follows:
Quarter EndedSix Months Ended
(Unaudited, amounts in thousands)10/26/202410/28/202310/26/202410/28/2023
Balance as of the beginning of the period$11,267 $10,668 $10,296 $10,261 
Net income (loss)(184)495 461 942 
Other comprehensive income (loss)688 (484)1,014 (524)
Dividends distributed to joint venture minority partners(1,414)(1,172)(1,414)(1,172)
Balance as of the end of the period$10,357 $9,507 $10,357 $9,507