Accumulated Other Comprehensive Loss

3 Months Ended

Jul. 25, 2015

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Note 9: Accumulated Other Comprehensive Loss

The activity in accumulated other comprehensive loss for the quarter ended July 25, 2015, and July 26, 2014, is as follows:

(Unaudited, 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 25, 2015	$	1,517		$	(560	)	$	1,605		$	(34,701	)	$	(32,139	)
Changes before reclassifications	(2,214		)	(786		)	(276		)	—			(3,276		)
Amounts reclassified to net income	—			467			(171		)	789			1,085
Tax effect	—			122			170			(301		)	(9		)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	(2,214		)	(197		)	(277		)	488			(2,200		)
Balance at July 25, 2015	$	(697	)	$	(757	)	$	1,328		$	(34,213	)	$	(34,339	)

(Unaudited, 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	415		152			347			—			914
Amounts reclassified to net income	—		18			(6		)	701			713
Tax effect	—		(65		)	(130		)	(267		)	(462		)
Other comprehensive income attributable to La-Z-Boy Incorporated	415		105			211			434			1,165
Balance at July 26, 2014	$	2,870	$	52		$	1,309		$	(34,446	)	$	(30,215	)

We reclassified the unrealized gain 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 for the three months ended July 25, 2015, and July 26, 2014, were as follows:

	Quarter Ended
(Unaudited, amounts in thousands)	7/25/15			7/26/14
Balance as of the beginning of the period	$	8,954		$	7,832
Net income (loss)	447			(36		)
Other comprehensive income (loss)	(631		)	113
Balance as of the end of the period	$	8,770		$	7,909