Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Oct. 23, 2021

Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]

Schedule of activity in accumulated other comprehensive income (loss)

The activity in accumulated other comprehensive income (loss) for the quarters ended October 23, 2021, and October 24, 2020, is as follows:

(Unaudited, amounts in thousands)	Translation adjustment		Unrealized gain (loss) on marketable securities		Net pension amortization and net actuarial loss		Accumulated other comprehensive income (loss)
Balance at July 24, 2021	$	2,229	$	818	$	(4,870)	$	(1,823)
Changes before reclassifications	111		(660)		—		(549)
Amounts reclassified to net income	—		(2)		75		73
Tax effect	—		164		(18)		146
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	111		(498)		57		(330)
Balance at October 23, 2021	$	2,340	$	320	$	(4,813)	$	(2,153)
Balance at July 25, 2020	$	(278)	$	491	$	(5,445)	$	(5,232)
Changes before reclassifications	1,275		(61)		—		1,214
Amounts reclassified to net income	—		(25)		86		61
Tax effect	—		21		(21)		—
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	1,275		(65)		65		1,275
Balance at October 24, 2020	$	997	$	426	$	(5,380)	$	(3,957)

The activity in accumulated other comprehensive income (loss) for the six months ended October 23, 2021 and October 24, 2020, is as follows:

(Unaudited, amounts in thousands)	Translation adjustment		Unrealized gain (loss) on marketable securities		Net pension amortization and net actuarial loss		Accumulated other comprehensive income (loss)
Balance at April 24, 2021	$	3,041	$	370	$	(4,932)	$	(1,521)
Changes before reclassifications	(701)		(69)		—		(770)
Amounts reclassified to net income	—		2		150		152
Tax effect	—		17		(31)		(14)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	(701)		(50)		119		(632)
Balance at October 23, 2021	$	2,340	$	320	$	(4,813)	$	(2,153)
Balance at April 25, 2020	$	(1,891)	$	449	$	(5,510)	$	(6,952)
Changes before reclassifications	2,888		16		—		2,904
Amounts reclassified to net income	—		(47)		173		126
Tax effect	—		8		(43)		(35)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	2,888		(23)		130		2,995
Balance at October 24, 2020	$	997	$	426	$	(5,380)	$	(3,957)

Schedule of components of non-controlling interest

The components of non-controlling interest were as follows:

	Quarter Ended				Six Months Ended
(Unaudited, amounts in thousands)	10/23/2021		10/24/2020		10/23/2021		10/24/2020
Balance as of the beginning of the period	$	8,918	$	7,425	$	8,648	$	15,553
Net income	842		369		1,542		250
Other comprehensive income (loss)	(120)		79		(550)		577
Dividends distributed to joint venture minority partners	(1,260)		—		(1,260)		(8,507)
Balance as of the end of the period	$	8,380	$	7,873	$	8,380	$	7,873