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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jul. 30, 2016
Jul. 25, 2015
CONSOLIDATED STATEMENT OF INCOME    
Sales $ 340,783 $ 341,423
Cost of sales 207,252 217,191
Gross profit 133,531 124,232
Selling, general and administrative expense 111,763 104,266
Operating income 21,768 19,966
Interest expense 115 112
Interest income 204 205
Other income (expense), net (72) 1,968
Income before income taxes 21,785 22,027
Income tax expense 7,777 7,904
Net income 14,008 14,123
Net income attributable to noncontrolling interests (202) (447)
Net income attributable to La-Z-Boy Incorporated $ 13,806 $ 13,676
Basic weighted average common shares (in shares) 49,105 50,583
Basic net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.28 $ 0.27
Diluted weighted average common shares (in shares) 49,594 51,043
Diluted net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.28 $ 0.27
Dividends declared per share (in dollars per share) $ 0.10 $ 0.08