10-K
Annual Report
LA-Z-BOY INCORPORATED
LZB
NYSE
CIK: 57131
File #: 1-9656
Balance Sheet
52 line items · 2 periods
XBRL
| Item | Apr 25, 2026 | Apr 26, 2025 |
|---|---|---|
Current assets | ||
Cash and equivalents | 303,213,000 | 328,449,000 |
Receivables, net of allowance of $5,196 at 4/25/2026 and $5,042 at 4/26/2025 | 131,039,000 | 139,533,000 |
Inventories, net | 218,445,000 | 255,285,000 |
Assets held for sale | 20,209,000 | 0 |
Discontinued Operations, Held-for-Sale - Casegoods Disposal Group - Wholesale | 20,209,000 | — |
Other current assets | 101,008,000 | 82,421,000 |
Total current assets | 773,914,000 | 805,688,000 |
Property, plant and equipment, net | 356,717,000 | 339,212,000 |
Goodwill | 243,300,000 | 205,590,000 |
Wholesale | 0 | 0 |
Retail Segment | 207,821,000 | 150,144,000 |
Corporate and Other | 35,479,000 | 55,446,000 |
Other intangible assets, net | 77,582,000 | 51,161,000 |
Trade Name | 0 | 1,155,000 |
Trade Name | 200,000 | 998,000 |
Indefinite-Lived Reacquired Rights | 77,382,000 | 49,008,000 |
Other Intangible Assets | 0 | 0 |
Right of use lease assets | 520,726,000 | 452,848,000 |
Wholesale | 113,928,000 | 110,045,000 |
Retail Segment | 385,277,000 | 316,510,000 |
Corporate and Other | 21,521,000 | 26,293,000 |
Other long-term assets, net | 70,096,000 | 67,663,000 |
Total assets | 2,042,335,000 | 1,922,162,000 |
Operating Segments - Wholesale | 643,556,000 | 662,987,000 |
Operating Segments - Retail Segment | 903,688,000 | 727,178,000 |
Unallocated assets | 495,091,000 | 531,997,000 |
Current liabilities | ||
Accounts payable | 101,875,000 | 95,984,000 |
Lease liabilities, short-term | 88,762,000 | 80,592,000 |
Accrued expenses and other current liabilities | 239,258,000 | 244,215,000 |
Total current liabilities | 429,895,000 | 420,791,000 |
Lease liabilities, long-term | 475,526,000 | 410,265,000 |
Other long-term liabilities | 74,240,000 | 59,130,000 |
Shareholders' equity | ||
Preferred shares – 5,000 authorized; none issued | 0 | 0 |
Common shares, $1 par value – 150,000 authorized; 40,349 outstanding at 4/25/2026 and 41,164 outstanding at 4/26/2025 | 40,349,000 | 41,164,000 |
Capital in excess of par value | 400,752,000 | 385,601,000 |
Retained earnings | 610,423,000 | 597,432,000 |
Accumulated other comprehensive loss | (1,527,000) | (3,574,000) |
Total La-Z-Boy Incorporated shareholders' equity | 1,049,997,000 | 1,020,623,000 |
Noncontrolling interests | 12,677,000 | 11,353,000 |
Total equity | 1,062,674,000 | 1,031,976,000 |
Common Shares | 40,349,000 | 41,164,000 |
Capital in Excess of Par Value | 400,752,000 | 385,601,000 |
Retained Earnings | 610,423,000 | 597,432,000 |
Accumulated other comprehensive income (loss) | (1,527,000) | (3,574,000) |
Non-Controlling Interests | 12,677,000 | 11,353,000 |
Translation adjustment | 417,000 | (1,507,000) |
Unrealized gain (loss) on marketable securities | 391,000 | 337,000 |
Net pension amortization and net actuarial gain (loss) | (2,335,000) | (2,404,000) |
Total liabilities and equity | 2,042,335,000 | 1,922,162,000 |