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Goodwill and Other Intangible Assets
9 Months Ended
Jan. 28, 2023
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/UnitReporting UnitRelated Acquisition
Wholesale SegmentLa-Z-Boy United KingdomWholesale business in the United Kingdom and Ireland
Wholesale SegmentLa-Z-Boy United Kingdom ManufacturingLa-Z-Boy United Kingdom Manufacturing (Furnico)
Retail SegmentRetail
La-Z-Boy Furniture Galleries® stores
Corporate & Other JoybirdJoybird

The following table summarizes changes in the carrying amount of our goodwill by reportable segment:

(Unaudited, amounts in thousands)Wholesale
Segment
Retail
Segment
Corporate
and Other
Total
Goodwill
Balance at April 30, 2022 (1)
$20,207 $118,951 $55,446 $194,604 
Acquisitions— 10,598 — 10,598 
Translation adjustment(295)(126)— (421)
Balance at January 28, 2023 (1)
$19,912 $129,423 $55,446 $204,781 
(1)Includes $26.9 million of accumulated impairment losses in Corporate and Other.

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

Reportable Segment/UnitIntangible AssetUseful Life
Wholesale SegmentPrimarily 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
Wholesale 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

The following summarizes changes in our intangible assets:

(Unaudited, amounts in thousands)Indefinite-
Lived Trade
Names
Finite-Lived
Trade Name
Indefinite-
Lived
Reacquired
Rights
Other
Intangible
Assets
Total
Intangible
Assets
Balance at April 30, 2022$1,155 $3,392 $27,319 $2,105 $33,971 
Acquisitions— — 6,093 — 6,093 
Amortization— (599)— (155)(754)
Translation adjustment— — (95)(35)(130)
Balance at January 28, 2023$1,155 $2,793 $33,317 $1,915 $39,180 

We test indefinite-lived intangibles and goodwill for impairment on an annual basis in the fourth quarter of each fiscal year, and more frequently if events or changes in circumstances indicate that an asset might be impaired. We test amortizable intangible assets for impairment if events or changes in circumstances indicate that the assets might be impaired.