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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Apr. 29, 2023
Apr. 30, 2022
Current assets    
Cash and equivalents $ 343,374 $ 245,589
Restricted cash 3,304 3,267
Receivables, net of allowance of $4,776 at 4/29/2023 and $3,406 at 4/30/2022 125,536 183,747
Inventories, net 276,257 303,191
Other current assets 106,129 215,982
Total current assets 854,600 951,776
Property, plant and equipment, net 278,578 253,144
Goodwill 205,008 194,604
Other intangible assets, net 39,375 33,971
Deferred income taxes – long-term 8,918 10,632
Right of use lease assets 416,269 405,755
Other long-term assets, net 63,515 82,207
Total assets 1,866,263 1,932,089
Current liabilities    
Accounts payable 107,460 104,025
Lease liabilities, short-term 77,751 75,271
Accrued expenses and other current liabilities 290,650 496,393
Total current liabilities 475,861 675,689
Lease liabilities, long-term 368,163 354,843
Other long-term liabilities 70,142 81,935
Shareholders' equity    
Preferred shares – 5,000 authorized; none issued 0 0
Common shares, $1 par value – 150,000 authorized; 43,318 outstanding at 4/29/2023 and 43,089 outstanding at 4/30/2022 43,318 43,089
Capital in excess of par value 358,891 342,252
Retained earnings 545,155 431,181
Accumulated other comprehensive loss (5,528) (5,797)
Total La-Z-Boy Incorporated shareholders' equity 941,836 810,725
Noncontrolling interests 10,261 8,897
Total equity 952,097 819,622
Total liabilities and equity $ 1,866,263 $ 1,932,089