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CONSOLIDATED STATEMENT OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Jan. 28, 2012
Jan. 22, 2011
Jan. 28, 2012
Jan. 22, 2011
Sales $ 316,515 $ 291,943 $ 904,288 $ 848,239
Cost of sales 216,724 203,597 627,786 601,953
Gross profit 99,791 88,346 276,502 246,286
Selling, general and administrative expense 82,771 78,354 243,761 232,605
Operating income 17,020 9,992 32,741 13,681
Interest expense 274 561 1,087 1,743
Interest income 138 250 487 716
Income from Continued Dumping and Subsidy Offset Act, net 1,415 903 1,737 903
Other income (expense), net (89) 251 176 182
Income before income taxes 18,210 10,835 34,054 13,739
Income tax expense (benefit) 2,864 2,451 (34,820) 3,126
Net income 15,346 8,384 68,874 10,613
Net (income) loss attributable to noncontrolling interests (388) 1,626 (510) 3,126
Net income attributable to La-Z-Boy Incorporated $ 14,958 $ 10,010 $ 68,364 $ 13,739
Basic weighted average shares outstanding 51,811 51,865 51,928 51,835
Basic net income attributable to La-Z-Boy Incorporated per share $ 0.28 $ 0.19 $ 1.29 $ 0.26
Diluted weighted average shares outstanding 52,379 52,270 52,440 52,242
Diluted net income attributable to La-Z-Boy Incorporated per share $ 0.28 $ 0.19 $ 1.28 $ 0.26