10-Q
Quarterly Report
LA-Z-BOY INCORPORATED
LZB
NYSE
CIK: 57131
File #: 1-9656
Balance Sheet
45 line items · 2 periods
XBRL
| Item | Jan 25, 2025 | Apr 27, 2024 |
|---|---|---|
Current assets | ||
Cash and equivalents | 314,589,000 | 341,098,000 |
Receivables, net of allowance of $5,686 at 1/25/2025 and $5,076 at 4/27/2024 | 127,612,000 | 139,213,000 |
Inventories, net | 288,720,000 | 263,237,000 |
Other current assets | 109,991,000 | 93,260,000 |
Total current assets | 840,912,000 | 836,808,000 |
Property, plant and equipment, net | 325,031,000 | 298,224,000 |
Goodwill | 221,693,000 | 214,453,000 |
Operating Segments - Wholesale Segment | 20,064,000 | 20,085,000 |
Operating Segments - Retail Segment | 146,183,000 | 138,922,000 |
Corporate and Other | 55,446,000 | 55,446,000 |
Other intangible assets, net | 50,664,000 | 47,251,000 |
Finite-Lived Trade Name | 1,155,000 | 1,155,000 |
Finite-Lived Trade Name | 1,197,000 | 1,796,000 |
Indefinite- Lived Reacquired Rights | 46,816,000 | 42,640,000 |
Other Intangible Assets | 1,496,000 | 1,660,000 |
Deferred income taxes – long-term | 9,343,000 | 10,283,000 |
Right of use lease assets | 450,062,000 | 446,466,000 |
Other long-term assets, net | 61,179,000 | 59,957,000 |
Total assets | 1,958,884,000 | 1,913,442,000 |
Current liabilities | ||
Accounts payable | 106,594,000 | 96,486,000 |
Lease liabilities, short-term | 79,224,000 | 77,027,000 |
Accrued expenses and other current liabilities | 269,691,000 | 263,768,000 |
Total current liabilities | 455,509,000 | 437,281,000 |
Lease liabilities, long-term | 408,972,000 | 404,724,000 |
Other long-term liabilities | 62,224,000 | 58,077,000 |
Shareholders' equity | ||
Preferred shares – 5,000 authorized; none issued | 0 | 0 |
Common shares, $1.00 par value – 150,000 authorized; 41,411 outstanding at 1/25/2025 and 42,440 outstanding at 4/27/2024 | 41,411,000 | 42,440,000 |
Capital in excess of par value | 381,759,000 | 368,485,000 |
Retained earnings | 603,569,000 | 598,009,000 |
Accumulated other comprehensive loss | (5,467,000) | (5,870,000) |
Total La-Z-Boy Incorporated shareholders' equity | 1,021,272,000 | 1,003,064,000 |
Noncontrolling interests | 10,907,000 | 10,296,000 |
Total equity | 1,032,179,000 | 1,013,360,000 |
Common Shares | 41,411,000 | 42,440,000 |
Capital in Excess of Par Value | 381,759,000 | 368,485,000 |
Retained Earnings | 603,569,000 | 598,009,000 |
Accumulated Other Comprehensive Income (Loss) | (5,467,000) | (5,870,000) |
Non-Controlling Interests | 10,907,000 | 10,296,000 |
Translation adjustment | (3,483,000) | (3,804,000) |
Unrealized gain (loss) on marketable securities | 281,000 | 246,000 |
Net pension amortization and net actuarial loss | (2,265,000) | (2,312,000) |
Total liabilities and equity | 1,958,884,000 | 1,913,442,000 |