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CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Apr. 27, 2024
Apr. 29, 2023
Current assets    
Cash and equivalents $ 341,098 $ 343,374
Restricted cash 0 3,304
Receivables, net of allowance of $5,076 at 4/27/2024 and $4,776 at 4/29/2023 139,213 125,536
Inventories, net 263,237 276,257
Other current assets 93,260 106,129
Total current assets 836,808 854,600
Property, plant and equipment, net 298,224 278,578
Goodwill 214,453 205,008
Other intangible assets, net 47,251 39,375
Deferred income taxes – long-term 10,283 8,918
Right of use lease assets 446,466 416,269
Other long-term assets, net 59,957 63,515
Total assets 1,913,442 1,866,263
Current liabilities    
Accounts payable 96,486 107,460
Lease liabilities, short-term 77,027 77,751
Accrued expenses and other current liabilities 263,768 290,650
Total current liabilities 437,281 475,861
Lease liabilities, long-term 404,724 368,163
Other long-term liabilities 58,077 70,142
Shareholders' equity    
Preferred shares – 5,000 authorized; none issued 0 0
Common shares, $1 par value – 150,000 authorized; 42,440 outstanding at 4/27/2024 and 43,318 outstanding at 4/29/2023 42,440 43,318
Capital in excess of par value 368,485 358,891
Retained earnings 598,009 545,155
Accumulated other comprehensive loss (5,870) (5,528)
Total La-Z-Boy Incorporated shareholders' equity 1,003,064 941,836
Noncontrolling interests 10,296 10,261
Total equity 1,013,360 952,097
Total liabilities and equity $ 1,913,442 $ 1,866,263