XML 40 R6.htm IDEA: XBRL DOCUMENT v2.4.1.9
CONSOLIDATED STATEMENT OF CASH FLOWS (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Jan. 24, 2015
Jan. 25, 2014
Cash flows from operating activities    
Net income $ 51,491us-gaap_ProfitLoss $ 43,823us-gaap_ProfitLoss
Adjustments to reconcile net income to cash provided by (used for) operating activities    
Restructuring (1,106)lzb_RestructuringChargesIncludingDiscontinuedOperations (115)lzb_RestructuringChargesIncludingDiscontinuedOperations
Impairment of business held for sale   1,149us-gaap_ImpairmentOfLongLivedAssetsToBeDisposedOf
Deferred income tax benefit (3,987)us-gaap_DeferredIncomeTaxExpenseBenefit (2,929)us-gaap_DeferredIncomeTaxExpenseBenefit
Provision for doubtful accounts (2,060)us-gaap_AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease (2,494)us-gaap_AllowanceForDoubtfulAccountsReceivablePeriodIncreaseDecrease
Depreciation and amortization 16,297us-gaap_DepreciationAmortizationAndAccretionNet 17,529us-gaap_DepreciationAmortizationAndAccretionNet
Equity-based compensation expense 6,094us-gaap_ShareBasedCompensation 7,371us-gaap_ShareBasedCompensation
Change in receivables 7,011us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable 4,865us-gaap_IncreaseDecreaseInAccountsAndNotesReceivable
Change in inventories (11,913)us-gaap_IncreaseDecreaseInInventories (15,166)us-gaap_IncreaseDecreaseInInventories
Change in other assets 5,794us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets 2,698us-gaap_IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
Change in payables (7,659)us-gaap_IncreaseDecreaseInAccountsPayableTrade 2,865us-gaap_IncreaseDecreaseInAccountsPayableTrade
Change in other liabilities (4,898)us-gaap_IncreaseDecreaseInOtherOperatingLiabilities 3,193us-gaap_IncreaseDecreaseInOtherOperatingLiabilities
Net cash provided by operating activities 55,064us-gaap_NetCashProvidedByUsedInOperatingActivities 62,789us-gaap_NetCashProvidedByUsedInOperatingActivities
Cash flows from investing activities    
Proceeds from disposal of assets 8,940us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment 2,248us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Capital expenditures (56,512)lzb_PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations (23,078)lzb_PaymentsToAcquirePropertyPlantAndEquipmentIncludingDiscontinuedOperations
Purchases of investments (30,544)us-gaap_PaymentsToAcquireInvestments (40,796)us-gaap_PaymentsToAcquireInvestments
Proceeds from sales of investments 23,987us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments 27,974us-gaap_ProceedsFromSaleMaturityAndCollectionsOfInvestments
Acquisitions, net of cash acquired (1,774)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired (801)us-gaap_PaymentsToAcquireBusinessesNetOfCashAcquired
Change in restricted cash 2,935us-gaap_IncreaseDecreaseInRestrictedCash 120us-gaap_IncreaseDecreaseInRestrictedCash
Net cash used for investing activities (52,968)us-gaap_NetCashProvidedByUsedInInvestingActivities (34,333)us-gaap_NetCashProvidedByUsedInInvestingActivities
Cash flows from financing activities    
Payments on debt (7,413)us-gaap_RepaymentsOfSecuredDebt (434)us-gaap_RepaymentsOfSecuredDebt
Payments for debt issuance costs (164)us-gaap_PaymentsOfDebtIssuanceCosts  
Stock issued for stock and employee benefit plans 496us-gaap_ProceedsFromStockOptionsExercised 3,526us-gaap_ProceedsFromStockOptionsExercised
Excess tax benefit on stock option exercises 234us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities 5,805us-gaap_ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
Purchases of common stock (35,752)us-gaap_PaymentsForRepurchaseOfCommonStock (20,276)us-gaap_PaymentsForRepurchaseOfCommonStock
Dividends paid (10,416)us-gaap_PaymentsOfDividends (7,375)us-gaap_PaymentsOfDividends
Net cash used for financing activities (53,015)us-gaap_NetCashProvidedByUsedInFinancingActivities (18,754)us-gaap_NetCashProvidedByUsedInFinancingActivities
Effect of exchange rate changes on cash and equivalents (332)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents (675)us-gaap_EffectOfExchangeRateOnCashAndCashEquivalents
Change in cash and equivalents (51,251)us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease 9,027us-gaap_CashAndCashEquivalentsPeriodIncreaseDecrease
Cash and equivalents at beginning of period 149,661us-gaap_CashAndCashEquivalentsAtCarryingValue 131,085us-gaap_CashAndCashEquivalentsAtCarryingValue
Cash and equivalents at end of period 98,410us-gaap_CashAndCashEquivalentsAtCarryingValue 140,112us-gaap_CashAndCashEquivalentsAtCarryingValue
Supplemental disclosure of non-cash investing activities    
Capital expenditures included in payables $ 6,275us-gaap_CapitalExpendituresIncurredButNotYetPaid $ 2,183us-gaap_CapitalExpendituresIncurredButNotYetPaid