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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Oct. 24, 2015
Oct. 25, 2014
Oct. 24, 2015
Oct. 25, 2014
Income Statement        
Sales $ 382,891 $ 365,601 $ 724,314 $ 692,581
Cost of sales 237,085 235,706 454,276 451,180
Gross profit 145,806 129,895 270,038 241,401
Selling, general and administrative expense 112,412 99,703 216,678 194,718
Operating income 33,394 30,192 53,360 46,683
Interest expense 133 145 245 277
Interest income 164 233 369 435
Other income (expense), net 512 152 2,480 (106)
Income from continuing operations before income taxes 33,937 30,432 55,964 46,735
Income tax expense 12,278 10,743 20,182 16,498
Income from continuing operations 21,659 19,689 35,782 30,237
Income from discontinued operations, net of tax   285   2,782
Net income 21,659 19,974 35,782 33,019
Net income attributable to noncontrolling interests (707) (445) (1,154) (409)
Net income attributable to La-Z-Boy Incorporated 20,952 19,529 34,628 32,610
Net income attributable to La-Z-Boy Incorporated:        
Income from continuing operations attributable to La-Z-Boy Incorporated 20,952 19,244 34,628 29,828
Income from discontinued operations   285   2,782
Net income attributable to La-Z-Boy Incorporated $ 20,952 $ 19,529 $ 34,628 $ 32,610
Basic weighted average common shares (in shares) 50,493 52,279 50,538 52,235
Basic net income attributable to La-Z-Boy Incorporated per share:        
Income from continuing operations attributable to La-Z-Boy Incorporated (in dollars per share) $ 0.41 $ 0.37 $ 0.68 $ 0.57
Income from discontinued operations (in dollars per share)       0.05
Basic net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.41 $ 0.37 $ 0.68 $ 0.62
Diluted weighted average common shares (in shares) 51,039 52,723 51,076 52,662
Diluted net income attributable to La-Z-Boy Incorporated per share:        
Income from continuing operations attributable to La-Z-Boy Incorporated (in dollars per share) $ 0.41 $ 0.36 $ 0.67 $ 0.56
Income from discontinued operations (in dollars per share)   0.01   0.06
Diluted net income attributable to La-Z-Boy Incorporated per share (in dollars per share) 0.41 0.37 0.67 0.62
Dividends declared per share (in dollars per share) $ 0.08 $ 0.06 $ 0.16 $ 0.12