10-Q
Quarterly Report
LA-Z-BOY INCORPORATED
LZB
NYSE
CIK: 57131
File #: 1-9656
Balance Sheet
45 line items · 2 periods
XBRL
| Item | Oct 26, 2024 | Apr 27, 2024 |
|---|---|---|
Current assets | ||
Cash and equivalents | 303,062,000 | 341,098,000 |
Receivables, net of allowance of $5,586 at 10/26/2024 and $5,076 at 4/27/2024 | 128,518,000 | 139,213,000 |
Inventories, net | 289,209,000 | 263,237,000 |
Other current assets | 98,372,000 | 93,260,000 |
Total current assets | 819,161,000 | 836,808,000 |
Property, plant and equipment, net | 314,387,000 | 298,224,000 |
Goodwill | 221,950,000 | 214,453,000 |
Operating Segments - Wholesale Segment | 20,837,000 | 20,085,000 |
Operating Segments - Retail Segment | 145,667,000 | 138,922,000 |
Corporate and Other | 55,446,000 | 55,446,000 |
Other intangible assets, net | 49,345,000 | 47,251,000 |
Finite-Lived Trade Name | 1,155,000 | 1,155,000 |
Finite-Lived Trade Name | 1,397,000 | 1,796,000 |
Indefinite- Lived Reacquired Rights | 45,183,000 | 42,640,000 |
Other Intangible Assets | 1,610,000 | 1,660,000 |
Deferred income taxes – long-term | 8,388,000 | 10,283,000 |
Right of use lease assets | 453,434,000 | 446,466,000 |
Other long-term assets, net | 61,530,000 | 59,957,000 |
Total assets | 1,928,195,000 | 1,913,442,000 |
Current liabilities | ||
Accounts payable | 107,545,000 | 96,486,000 |
Lease liabilities, short-term | 78,627,000 | 77,027,000 |
Accrued expenses and other current liabilities | 248,718,000 | 263,768,000 |
Total current liabilities | 434,890,000 | 437,281,000 |
Lease liabilities, long-term | 411,414,000 | 404,724,000 |
Other long-term liabilities | 61,609,000 | 58,077,000 |
Shareholders' equity | ||
Preferred shares – 5,000 authorized; none issued | 0 | 0 |
Common shares, $1.00 par value – 150,000 authorized; 41,647 outstanding at 10/26/2024 and 42,440 outstanding at 4/27/2024 | 41,647,000 | 42,440,000 |
Capital in excess of par value | 377,258,000 | 368,485,000 |
Retained earnings | 594,632,000 | 598,009,000 |
Accumulated other comprehensive loss | (3,612,000) | (5,870,000) |
Total La-Z-Boy Incorporated shareholders' equity | 1,009,925,000 | 1,003,064,000 |
Noncontrolling interests | 10,357,000 | 10,296,000 |
Total equity | 1,020,282,000 | 1,013,360,000 |
Common Shares | 41,647,000 | 42,440,000 |
Capital in Excess of Par Value | 377,258,000 | 368,485,000 |
Retained Earnings | 594,632,000 | 598,009,000 |
Accumulated Other Comprehensive Income (Loss) | (3,612,000) | (5,870,000) |
Non-Controlling Interests | 10,357,000 | 10,296,000 |
Translation adjustment | (1,673,000) | (3,804,000) |
Unrealized gain (loss) on marketable securities | 342,000 | 246,000 |
Net pension amortization and net actuarial loss | (2,281,000) | (2,312,000) |
Total liabilities and equity | 1,928,195,000 | 1,913,442,000 |