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Accrued Expenses and Other Current Liabilities
12 Months Ended
Apr. 29, 2017
Accrued Expenses and Other Current Liabilities  
Accrued Expenses and Other Current Liabilities

Note 8: Accrued Expenses and Other Current Liabilities

                                                                                                                                                                                    

(Amounts in thousands)

 

4/29/2017

 

4/30/2016

 

Payroll and other compensation

 

$

45,229

 

$

45,611

 

Accrued product warranty, current portion

 

 

13,191

 

 

12,381

 

Customer deposits

 

 

26,595

 

 

20,961

 

Other current liabilities

 

 

62,160

 

 

33,523

 

​  

​  

​  

​  

Accrued expenses and other current liabilities

 

$

147,175

 

$

112,476

 

​  

​  

​  

​  

​  

​  

​  

​  

The increase in other current liabilities of $28.6 million is primarily related to the $15.9 million purchase price liability that we recorded for the acquisition of the La-Z-Boy wholesale business in the United Kingdom and Ireland (see Note 2) and an increase of $7.1 million in accrued federal income taxes.