10-K
Annual Report
LA-Z-BOY INCORPORATED
LZB
NYSE
CIK: 57131
File #: 1-9656
Balance Sheet
53 line items · 2 periods
XBRL
| Item | Apr 26, 2025 | Apr 27, 2024 |
|---|---|---|
Current assets | ||
Cash and equivalents | 328,449,000 | 341,098,000 |
Receivables, net of allowance of $5,042 at 4/26/2025 and $5,076 at 4/27/2024 | 139,533,000 | 139,213,000 |
Inventories, net | 255,285,000 | 263,237,000 |
Other current assets | 82,421,000 | 93,260,000 |
Total current assets | 805,688,000 | 836,808,000 |
Property, plant and equipment, net | 339,212,000 | 298,224,000 |
Goodwill | 205,590,000 | 214,453,000 |
Wholesale Segment | 0 | 20,085,000 |
Retail Segment | 150,144,000 | 138,922,000 |
United Kingdom Reporting Unit | 0 | — |
Corporate and Other | 55,446,000 | 55,446,000 |
Other intangible assets, net | 51,161,000 | 47,251,000 |
Trade Name | 1,155,000 | 1,155,000 |
Trade Name | 998,000 | 1,796,000 |
Indefinite-Lived Reacquired Rights | 49,008,000 | 42,640,000 |
Other Intangible Assets | 0 | 1,660,000 |
Deferred income taxes – long-term | 7,349,000 | 10,283,000 |
Right of use lease assets | 452,848,000 | 446,466,000 |
Wholesale Segment | 110,045,000 | 125,286,000 |
Retail Segment | 316,510,000 | 290,457,000 |
Corporate and Other | 26,293,000 | 30,723,000 |
Other long-term assets, net | 60,314,000 | 59,957,000 |
Total assets | 1,922,162,000 | 1,913,442,000 |
Operating Segments - Wholesale | 662,987,000 | 722,044,000 |
Operating Segments - Retail Segment | 727,178,000 | 650,586,000 |
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment | 531,997,000 | 540,812,000 |
Current liabilities | ||
Accounts payable | 95,984,000 | 96,486,000 |
Lease liabilities, short-term | 80,592,000 | 77,027,000 |
Accrued expenses and other current liabilities | 244,215,000 | 263,768,000 |
Total current liabilities | 420,791,000 | 437,281,000 |
Lease liabilities, long-term | 410,265,000 | 404,724,000 |
Other long-term liabilities | 59,130,000 | 58,077,000 |
Shareholders' equity | ||
Preferred shares – 5,000 authorized; none issued | 0 | 0 |
Common shares, $1 par value – 150,000 authorized; 41,164 outstanding at 4/26/2025 and 42,440 outstanding at 4/27/2024 | 41,164,000 | 42,440,000 |
Capital in excess of par value | 385,601,000 | 368,485,000 |
Retained earnings | 597,432,000 | 598,009,000 |
Accumulated other comprehensive loss | (3,574,000) | (5,870,000) |
Total La-Z-Boy Incorporated shareholders' equity | 1,020,623,000 | 1,003,064,000 |
Noncontrolling interests | 11,353,000 | 10,296,000 |
Total equity | 1,031,976,000 | 1,013,360,000 |
Common Shares | 41,164,000 | 42,440,000 |
Capital in Excess of Par Value | 385,601,000 | 368,485,000 |
Retained Earnings | 597,432,000 | 598,009,000 |
Accumulated Other Comprehensive Income (Loss) | (3,574,000) | (5,870,000) |
Non-Controlling Interests | 11,353,000 | 10,296,000 |
Translation adjustment | (1,507,000) | (3,804,000) |
Unrealized gain (loss) on marketable securities | 337,000 | 246,000 |
Net pension amortization and net actuarial gain (loss) | (2,404,000) | (2,312,000) |
Accumulated other comprehensive income (loss) | (3,574,000) | (5,870,000) |
Total liabilities and equity | 1,922,162,000 | 1,913,442,000 |