Accumulated Other Comprehensive Loss

3 Months Ended

Jul. 26, 2025

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Note 9: Accumulated Other Comprehensive Loss

Activity in accumulated other comprehensive income (loss) for the quarters ended July 26, 2025, and July 27, 2024, is as follows:


(Unaudited, amounts in thousands)	Translation adjustment		Unrealized gain (loss) on marketable securities		Net pension amortization and net actuarial gain (loss)		Accumulated other comprehensive income (loss)
Balance at April 26, 2025	$	(1,507)	$	337	$	(2,404)	$	(3,574)
Changes before reclassifications	747		19		—		766


Amounts reclassified to net income	—		(1)		25		24
Tax effect	—		(5)		(6)		(11)
Other comprehensive income attributable to La-Z-Boy Incorporated	747		13		19		779
Balance at July 26, 2025	$	(760)	$	350	$	(2,385)	$	(2,795)

Balance at April 27, 2024	$	(3,804)	$	246	$	(2,312)	$	(5,870)
Changes before reclassifications	1,207		150		—		1,357


Amounts reclassified to net income	—		—		20		20
Tax effect	—		(37)		(5)		(42)
Other comprehensive income attributable to La-Z-Boy Incorporated	1,207		113		15		1,335
Balance at July 27, 2024	$	(2,597)	$	359	$	(2,297)	$	(4,535)

We reclassified both the unrealized gain (loss) on marketable securities and the net pension amortization from accumulated other comprehensive loss to net income through other income (expense), net.

The components of noncontrolling interest were as follows:


	Quarter Ended
(Unaudited, amounts in thousands)	7/26/2025		7/27/2024
Balance as of the beginning of the period	$	11,353	$	10,296
Net income	93		645
Other comprehensive income	409		326

Balance as of the end of the period	$	11,855	$	11,267