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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Jan. 27, 2024
Apr. 29, 2023
Current assets    
Cash and equivalents $ 329,324 $ 343,374
Restricted cash 3,855 3,304
Receivables, net of allowance of $4,399 at 1/27/2024 and $4,776 at 4/29/2023 119,383 125,536
Inventories, net 276,833 276,257
Other current assets 120,996 106,129
Total current assets 850,391 854,600
Property, plant and equipment, net 284,407 278,578
Goodwill 209,526 205,008
Other intangible assets, net 45,633 39,375
Deferred income taxes – long-term 8,716 8,918
Right of use lease assets 460,403 416,269
Other long-term assets, net 59,216 63,515
Total assets 1,918,292 1,866,263
Current liabilities    
Accounts payable 86,819 107,460
Lease liabilities, short-term 77,601 77,751
Accrued expenses and other current liabilities 275,522 290,650
Total current liabilities 439,942 475,861
Lease liabilities, long-term 418,149 368,163
Other long-term liabilities 72,315 70,142
Shareholders' equity    
Preferred shares – 5,000 authorized; none issued 0 0
Common shares, $1.00 par value – 150,000 authorized; 42,613 outstanding at 1/27/2024 and 43,318 outstanding at 4/29/2023 42,613 43,318
Capital in excess of par value 365,111 358,891
Retained earnings 575,376 545,155
Accumulated other comprehensive loss (4,880) (5,528)
Total La-Z-Boy Incorporated shareholders' equity 978,220 941,836
Noncontrolling interests 9,666 10,261
Total equity 987,886 952,097
Total liabilities and equity $ 1,918,292 $ 1,866,263