Goodwill and Other Intangible Assets

6 Months Ended

Oct. 26, 2019

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

Goodwill and Other Intangible Assets​

We have goodwill on our consolidated balance sheet as follows:​

Reportable Segment/Unit	Related Acquisition
Upholstery segment	Acquisition of the wholesale business in the United Kingdom and Ireland
Retail segment	Acquisitions of La-Z-Boy Furniture Galleries® stores
Corporate & Other	Acquisition of Joybird

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The following is a roll-forward of goodwill for the six months ended October 26, 2019:​

(Unaudited, amounts in thousands)	Upholstery Segment			Retail Segment		Corporate and Other			Total Goodwill
Balance at April 27, 2019	$	12,148		$	94,103	$	79,616		$	185,867
Acquisition adjustment	—			—		(769		)	(769		)
Translation adjustment	(82		)	107		—			25
Balance at October 26, 2019	$	12,066		$	94,210	$	78,847		$	185,123

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We have intangible assets on our consolidated balance sheet as follows:​

Reportable Segment/Unit	Intangible Asset	Useful Life
Upholstery segment	Primarily acquired customer relationships from our acquisition of the wholesale business in the United Kingdom and Ireland	Amortizable over useful lives that do not exceed 15 years
Casegoods segment	American Drew® trade name	Indefinite-lived
Retail segment	Reacquired rights to own and operate La-Z-Boy Furniture Galleries® stores	Indefinite-lived
Corporate & Other	Joybird® trade name	Amortizable over eight-year useful life

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The following is a roll-forward of our other intangible assets for the six months ended October 26, 2019:​

(Unaudited, amounts in thousands)	Indefinite- Lived Trade Names		Finite- Lived Trade Name			Indefinite- Lived Reacquired Rights		Other Intangible Assets			Total Other Intangible Assets
Balance at April 27, 2019	$	1,155	$	5,801		$	20,117	$	2,834		$	29,907
Amortization	—		(399		)	—		(108		)	(507		)
Translation adjustment	—		—			80		(22		)	58
Balance at October 26, 2019	$	1,155	$	5,402		$	20,197	$	2,704		$	29,458

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