v3.25.2
Revenue Recognition
 12 Months Ended
Apr. 26, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition
Note 15: Revenue Recognition
The following table presents our revenue disaggregated by product category and by segment or unit:
Year Ended April 26, 2025
(Amounts in thousands)WholesaleRetailCorporate
and Other		Total
Upholstered Furniture$1,171,445 $731,254 $121,972 $2,024,671 
Casegoods Furniture72,041 50,635 9,191 131,867 
Delivery166,244 33,502 8,403 208,149 
Other (1)
70,089 82,979 20,909 173,977 
Total$1,479,819 $898,370 $160,475 $2,538,664 
Eliminations(429,457)
Consolidated Net Sales$2,109,207 
Year Ended April 27, 2024
(Amounts in thousands)WholesaleRetailCorporate
and Other		Total
Upholstered Furniture$1,143,354 $698,782 $113,059 $1,955,195 
Casegoods Furniture73,960 47,651 9,777 131,388 
Delivery166,243 32,076 7,291 205,610 
Other (1)
63,721 76,617 23,642 163,980 
Total$1,447,278 $855,126 $153,769 $2,456,173 
Eliminations(409,146)
Consolidated Net Sales$2,047,027 
(1)Primarily includes revenue for advertising, royalties, parts, accessories, after-treatment products, surcharges, rebates and other sales incentives.

Upholstered Furniture - Includes revenue for upholstered furniture, such as recliners, sofas, loveseats, chairs, sectionals, modulars, and ottomans. This revenue includes sales to La-Z-Boy Furniture Galleries® stores (including company-owned stores), operators of La-Z-Boy Comfort Studio® and branded space locations, England Custom Comfort Center locations, other major dealers, independent retailers, and the end consumer.
Casegoods Furniture - Includes revenue for casegoods furniture typically found in a bedroom, such as beds, chests, dressers, nightstands and benches; furniture typically found in the dining room, such as dining tables, storage units, and stools; and furniture typically found throughout the home, such as cocktail tables, chairsides, sofa tables, end tables, and entertainment centers. This revenue includes sales to La-Z-Boy Furniture Galleries® stores (including company-owned stores), independent retailers, and the end consumer.
Contract Assets and Liabilities. We receive customer deposits from end consumers before we recognize revenue and in some cases we have the unconditional right to collect the remaining portion of the order price before we fulfill our performance obligation, resulting in a contract asset and a corresponding deferred revenue liability. In our consolidated balance sheet, customer deposits and deferred revenue (collectively, the "contract liabilities") are reported in accrued expenses and other current liabilities while contract assets are reported as other current assets.
The following table presents our contract assets and liabilities:
(Unaudited, amounts in thousands)4/26/20254/27/2024
Contract assets $32,580 $35,518 
Customer deposits$72,894 $88,798 
Deferred revenue32,580 35,518 
Total contract liabilities (1)
$105,474 $124,316 
(1)During the year ended April 26, 2025, we recognized revenue of $116.6 million related to our contract liability balance at April 27, 2024.