v3.25.2
Accumulated Other Comprehensive Loss
12 Months Ended
Apr. 26, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Note 14: Accumulated Other Comprehensive Loss
Activity in accumulated other comprehensive loss was as follows:
(Amounts in thousands)Translation adjustmentUnrealized gain (loss) on marketable securitiesNet pension amortization and net actuarial gain (loss)Accumulated other comprehensive income (loss)
Balance at April 30, 2022$(1,961)$(298)$(3,538)$(5,797)
Changes before reclassifications(691)(27)879 161 
Amounts reclassified to net income— 231 193 424 
Tax effect— (51)(265)(316)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated(691)153 807 269 
Balance at April 29, 2023$(2,652)$(145)$(2,731)$(5,528)
Changes before reclassifications(1,152)189 432 (531)
Amounts reclassified to net income— 331 124 455 
Tax effect— (129)(137)(266)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated(1,152)391 419 (342)
Balance at April 27, 2024$(3,804)$246 $(2,312)$(5,870)
Changes before reclassifications2,297 132 (205)2,224 
Amounts reclassified to net income— (11)83 72 
Tax effect— (30)30 — 
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated2,297 91 (92)2,296 
Balance at April 26, 2025$(1,507)$337 $(2,404)$(3,574)
We reclassified both the unrealized gain (loss) on marketable securities and the net pension amortization from accumulated other comprehensive loss to net income through other income (expense), net.
The components of noncontrolling interest were as follows:
Fiscal Year Ended
(52 weeks)(52 weeks)(52 weeks)
(Amounts in thousands)4/26/20254/27/20244/29/2023
Balance as of the beginning of the year$10,296 $10,261 $8,897 
Net income1,396 2,010 1,277 
Other comprehensive income (loss)1,075 (803)87 
Dividends distributed to joint venture minority partners(1,414)(1,172)— 
Balance as of the end of the year$11,353 $10,296 $10,261