Accumulated Other Comprehensive Loss

9 Months Ended

Jan. 23, 2016

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Note 10: Accumulated Other Comprehensive Loss

The activity in accumulated other comprehensive loss for the quarter ended January 23, 2016, and January 24, 2015, 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 October 24, 2015	$	(971	)	$	(525	)	$	1,292		$	(33,725	)	$	(33,929	)
Changes before reclassifications	159			(1,616		)	(929		)	—			(2,386		)
Amounts reclassified to net income	—			560			(248		)	789			1,101
Tax effect	—			403			448			(301		)	550
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	159			(653		)	(729		)	488			(735		)
Balance at January 23, 2016	$	(812	)	$	(1,178	)	$	563		$	(33,237	)	$	(34,664	)

(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 October 25, 2014	$	2,523		$	(253	)	$	1,197		$	(34,011	)	$	(30,544	)
Changes before reclassifications	(711		)	(874		)	275			—			(1,310		)
Amounts reclassified to net income	—			403			(186		)	702			919
Tax effect	—			180			(34		)	(268		)	(122		)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	(711		)	(291		)	55			434			(513		)
Balance at January 24, 2015	$	1,812		$	(544	)	$	1,252		$	(33,577	)	$	(31,057	)

The activity in accumulated other comprehensive loss for the nine months ended January 23, 2016, and January 24, 2015, 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	(2,329		)	(2,671		)	(1,270		)	—			(6,270		)
Amounts reclassified to net income	—			1,672			(413		)	2,366			3,625
Tax effect	—			381			641			(902		)	120
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	(2,329		)	(618		)	(1,042		)	1,464			(2,525		)
Balance at January 23, 2016	$	(812	)	$	(1,178	)	$	563		$	(33,237	)	$	(34,664	)

(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	(643		)	(1,254		)	449			—			(1,448		)
Amounts reclassified to net income	—			461			(201		)	2,105			2,365
Tax effect	—			302			(94		)	(802		)	(594		)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	(643		)	(491		)	154			1,303			323
Balance at January 24, 2015	$	1,812		$	(544	)	$	1,252		$	(33,577	)	$	(31,057	)

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 noncontrolling interest for the quarter and nine months ended January 23, 2016, and January 24, 2015, were as follows:

	Quarter Ended						Nine Months Ended
(Unaudited, amounts in thousands)	1/23/16			1/24/15			1/23/16			1/24/15
Balance as of the beginning of the period	$	9,318		$	8,219		$	8,954		$	7,832
Net income	328			524			1,482			933
Other comprehensive loss	(132		)	(50		)	(922		)	(72		)
Balance as of the end of the period	$	9,514		$	8,693		$	9,514		$	8,693