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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Jul. 28, 2018
Jul. 29, 2017
CONSOLIDATED STATEMENT OF INCOME    
Sales $ 384,695 $ 357,079
Cost of sales 236,173 217,976
Gross profit 148,522 139,103
Selling, general and administrative expense 125,362 122,805
Operating income 23,160 16,298
Interest expense 104 157
Interest income 602 343
Other income (expense), net 892 1,749
Income before income taxes 24,550 18,233
Income tax expense 5,599 6,489
Net income 18,951 11,744
Net income attributable to noncontrolling interests (648) (93)
Net income attributable to La-Z-Boy Incorporated $ 18,303 $ 11,651
Basic weighted average common shares (in shares) 46,716 48,357
Basic net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.39 $ 0.24
Diluted weighted average common shares (in shares) 47,161 48,846
Diluted net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 0.39 $ 0.24
Dividends declared per share (in dollars per share) $ 0.12 $ 0.11