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CONSOLIDATED BALANCE SHEET (USD $)
In Thousands
Jul. 30, 2011
Apr. 30, 2011
Current assets    
Cash and equivalents $ 110,426 $ 115,262
Receivables, net of allowance of $24,179 at 7/30/11 and $23,937 at 4/30/11 147,857 161,299
Inventories, net 149,132 138,444
Deferred income tax assets - current 20,106 0
Other current assets 18,812 17,218
Total current assets 446,333 432,223
Property, plant and equipment, net 119,044 120,603
Trade names 3,100 3,100
Deferred income tax assets - long-term 26,273 2,883
Other long-term assets 33,272 34,646
Total assets 628,022 593,455
Current liabilities    
Current portion of long-term debt 917 5,120
Accounts payable 45,907 49,537
Accrued expenses and other current liabilities 75,404 77,447
Total current liabilities 122,228 132,104
Long-term debt 30,029 29,937
Other long-term liabilities 64,833 67,274
Contingencies and commitments 0 0
Shareholders' Equity    
Common shares, $1 par value - 150,000 authorized; 52,025 outstanding July 30, 2011 and 51,909 outstanding April 30, 2011 52,025 51,909
Capital in excess of par value 199,547 201,589
Retained earnings 175,206 126,622
Accumulated other comprehensive loss (19,019) (18,804)
Total La-Z-Boy Incorporated shareholders' equity 407,759 361,316
Noncontrolling interests 3,173 2,824
Total equity 410,932 364,140
Total liabilities and equity $ 628,022 $ 593,455