Segment Information

3 Months Ended

Jul. 28, 2012

Segment Information [Abstract]

Segment Information

Note 8: Segment Information

Our reportable operating segments are the Upholstery segment, the Casegoods segment and the Retail segment.

Upholstery Segment. The Upholstery segment consists of three operating units, La-Z-Boy, England and Bauhaus. This group manufactures or imports upholstered furniture. Upholstered furniture includes recliners and motion furniture, sofas, loveseats, chairs, sectionals, modulars, ottomans and sleeper sofas. The Upholstery segment sells directly to La-Z-Boy Furniture Galleries® stores, operators of Comfort Studios® locations, major dealers and other independent retailers.

Casegoods Segment. The Casegoods segment consists of two operating units, one consisting of American Drew, Lea and Hammary, and the second being Kincaid. This segment sells imported or manufactured wood furniture to furniture retailers. Casegoods product includes bedroom, dining room, entertainment centers, occasional pieces and some coordinated upholstered furniture. The Casegoods segment sells to major dealers and other independent retailers.

Retail Segment. The Retail segment consists of 85 company-owned La-Z-Boy Furniture Galleries® stores in nine primary markets. The Retail segment sells upholstered furniture, as well as some casegoods and other accessories, to end consumers through the retail network.

	Quarter Ended
(Unaudited, amounts in thousands)	7/28/12			7/30/11
Sales
Upholstery Segment	$	238,167		$	217,462
Casegoods Segment		34,609			34,131
Retail Segment		57,119			48,814
VIEs, net of intercompany sales eliminations		—			3,341
Corporate and Other		702			594
Eliminations		(29,096	)		(24,248	)
Consolidated Sales	$	301,501		$	280,094
Operating Income (Loss)
Upholstery Segment	$	15,578		$	11,125
Casegoods Segment		1,279			557
Retail Segment		(1,988	)		(3,378	)
VIEs		—			567
Corporate and Other		(7,243	)		(5,398	)
Consolidated Operating Income	$	7,626		$	3,473