Accumulated Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Oct. 29, 2022

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 29, 2022, and October 23, 2021, 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 30, 2022	$	(3,602)	$	(212)	$	(3,502)	$	(7,316)
Changes before reclassifications	(2,949)		(445)		—		(3,394)
Amounts reclassified to net income	—		62		48		110
Tax effect	—		94		(11)		83
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	(2,949)		(289)		37		(3,201)
Balance at October 29, 2022	$	(6,551)	$	(501)	$	(3,465)	$	(10,517)
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)

The activity in accumulated other comprehensive income (loss) for the six months ended October 29, 2022 and October 23, 2021, 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 30, 2022	$	(1,961)	$	(298)	$	(3,538)	$	(5,797)
Changes before reclassifications	(4,590)		(390)		—		(4,980)
Amounts reclassified to net income	—		121		96		217
Tax effect	—		66		(23)		43
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	(4,590)		(203)		73		(4,720)
Balance at October 29, 2022	$	(6,551)	$	(501)	$	(3,465)	$	(10,517)
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)

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)	10/29/2022		10/23/2021		10/29/2022		10/23/2021
Balance as of the beginning of the period	$	8,830	$	8,918	$	8,897	$	8,648
Net income	702		842		1,154		1,542
Other comprehensive loss	(404)		(120)		(923)		(550)
Dividends distributed to joint venture minority partners	—		(1,260)		—		(1,260)
Balance as of the end of the period	$	9,128	$	8,380	$	9,128	$	8,380