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Earnings per Share (Tables)
6 Months Ended
Oct. 29, 2016
Earnings per Share  
Reconciliation of numerators and denominators used in the computation of basic and diluted earnings per share

 

 

 

Quarter Ended

 

Six Months Ended

 

(Unaudited, amounts in thousands)

 

10/29/16

 

10/24/15

 

10/29/16

 

10/24/15

 

Numerator (basic and diluted):

 

 

 

 

 

 

 

 

 

Net income attributable to La-Z-Boy Incorporated

 

$

20,833

 

$

20,952

 

$

34,639

 

$

34,628

 

Income allocated to participating securities

 

(103

)

(107

)

(172

)

(185

)

 

 

 

 

 

 

 

 

 

 

Net income available to common shareholders

 

$

20,730

 

$

20,845

 

$

34,467

 

$

34,443

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average common shares outstanding

 

49,153

 

50,493

 

49,129

 

50,538

 

Add:

 

 

 

 

 

 

 

 

 

Contingent common shares

 

100

 

178

 

100

 

178

 

Stock option dilution

 

258

 

368

 

325

 

360

 

 

 

 

 

 

 

 

 

 

 

Diluted weighted average common shares outstanding

 

49,511

 

51,039

 

49,554

 

51,076