Accumulated Other Comprehensive Loss

12 Months Ended

Apr. 29, 2017

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Note 15: Accumulated Other Comprehensive Loss

The activity in accumulated other comprehensive loss for the fiscal years ended April 29, 2017, April 30, 2016, and April 25, 2015, were as follows:

(Amounts in thousands)	Translation Adjustment			Change in Fair Value of Cash Flow Hedge			Unrealized Gain on Marketable Securities			Net Pension Amortization and Net Actuarial Loss			Accumulated Other Comprehensive Loss
Balance at April 26, 2014	$	2,455		$	(53	)	$	1,098		$	(34,880	)	$	(31,380	)
Changes before reclassifications		(938	)		(1,857	)		1,033			(2,517	)		(4,279	)
Amounts reclassified to net income		—			1,038			(214	)		2,806			3,630
Tax effect		—			312			(312	)		(110	)		(110	)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		(938	)		(507	)		507			179			(759	)
Balance at April 25, 2015		1,517			(560	)		1,605			(34,701	)		(32,139	)
Changes before reclassifications		(1,962	)		(1,711	)		(447	)		(2,612	)		(6,732	)
Amounts reclassified to net income		—			2,154			(436	)		3,216			4,934
Tax effect		—			(169	)		336			(230	)		(63	)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		(1,962	)		274			(547	)		374			(1,861	)
Balance at April 30, 2016		(445	)		(286	)		1,058			(34,327	)		(34,000	)
Changes before reclassifications		(482	)		(1,478	)		1,592			(2,410	)		(2,778	)
Amounts reclassified to net income		—			2,060			(471	)		3,290			4,879
Tax effect		—			(222	)		(427	)		(335	)		(984	)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		(482	)		360			694			545			1,117
Balance at April 29, 2017	$	(927	)	$	74		$	1,752		$	(33,782	)	$	(32,883	)

We reclassified the unrealized gain/(loss) on marketable securities from accumulated other comprehensive loss to net income through other income in our consolidated statement of income, reclassified the change in fair value of cash flow hedges to net income through cost of sales, and reclassified the net pension amortization to net income through selling, general and administrative expense.

The components of non-controlling interest at April 29, 2017, April 30, 2016, and April 25, 2015 were as follows:

(Amounts in thousands)	4/29/2017		4/30/2016			4/25/2015
Balance as of the beginning of the year	$	10,070	$	8,954		$	7,832
Net income		1,062		1,711			1,198
Other comprehensive income (loss)		54		(595	)		(76	)
Balance as of the end of the year	$	11,186	$	10,070		$	8,954