10-Q
Quarterly Report
LA-Z-BOY INCORPORATED
LZB
NYSE
CIK: 57131
File #: 1-9656
Balance Sheet
47 line items · 2 periods
XBRL
| Item | Jul 26, 2025 | Apr 26, 2025 |
|---|---|---|
Current assets | ||
Cash and equivalents | 318,544,000 | 328,449,000 |
Receivables, net of allowance of $5,047 at 7/26/2025 and $5,042 at 4/26/2025 | 131,001,000 | 139,533,000 |
Inventories, net | 252,120,000 | 255,285,000 |
Other current assets | 91,572,000 | 82,421,000 |
Total current assets | 793,237,000 | 805,688,000 |
Property, plant and equipment, net | 345,262,000 | 339,212,000 |
Goodwill | 205,629,000 | 205,590,000 |
Wholesale | 0 | 0 |
Retail Segment | 150,183,000 | 150,144,000 |
Corporate and Other | 55,446,000 | 55,446,000 |
Other intangible assets, net | 50,991,000 | 51,161,000 |
Trade Name | 1,155,000 | 1,155,000 |
Trade Name | 798,000 | 998,000 |
Indefinite- Lived Reacquired Rights | 49,038,000 | 49,008,000 |
Deferred income taxes – long-term | 6,738,000 | 7,349,000 |
Right of use lease assets | 461,394,000 | 452,848,000 |
Other long-term assets, net | 62,702,000 | 60,314,000 |
Total assets | 1,925,953,000 | 1,922,162,000 |
Operating Segments - Wholesale | 664,749,000 | 662,987,000 |
Operating Segments - Retail Segment | 728,274,000 | 727,178,000 |
Segment Reporting, Reconciling Item, Excluding Corporate Nonsegment | 532,930,000 | 531,997,000 |
Current liabilities | ||
Accounts payable | 99,725,000 | 95,984,000 |
Lease liabilities, short-term | 81,470,000 | 80,592,000 |
Accrued expenses and other current liabilities | 235,095,000 | 244,215,000 |
Total current liabilities | 416,290,000 | 420,791,000 |
Lease liabilities, long-term | 420,235,000 | 410,265,000 |
Other long-term liabilities | 61,406,000 | 59,130,000 |
Shareholders' equity | ||
Preferred shares – 5,000 authorized; none issued | 0 | 0 |
Common shares, $1.00 par value – 150,000 authorized; 41,207 outstanding at 7/26/2025 and 41,164 outstanding at 4/26/2025 | 41,207,000 | 41,164,000 |
Capital in excess of par value | 388,546,000 | 385,601,000 |
Retained earnings | 589,209,000 | 597,432,000 |
Accumulated other comprehensive loss | (2,795,000) | (3,574,000) |
Total La-Z-Boy Incorporated shareholders' equity | 1,016,167,000 | 1,020,623,000 |
Noncontrolling interests | 11,855,000 | 11,353,000 |
Total equity | 1,028,022,000 | 1,031,976,000 |
Common Shares | 41,207,000 | 41,164,000 |
Capital in Excess of Par Value | 388,546,000 | 385,601,000 |
Retained Earnings | 589,209,000 | 597,432,000 |
Accumulated Other Comprehensive Income (Loss) | (2,795,000) | (3,574,000) |
Non-Controlling Interests | 11,855,000 | 11,353,000 |
Translation adjustment | (760,000) | (1,507,000) |
Unrealized gain (loss) on marketable securities | 350,000 | 337,000 |
Net pension amortization and net actuarial gain (loss) | (2,385,000) | (2,404,000) |
Total liabilities and equity | 1,925,953,000 | 1,922,162,000 |