Activity in accumulated other comprehensive loss was as follows:


(Amounts in thousands)	Translation adjustment		Unrealized gain (loss) on marketable securities		Net pension amortization and net actuarial gain (loss)		Accumulated other comprehensive income (loss)
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 reclassifications	2,297		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 Incorporated	2,297		91		(92)		2,296
Balance at April 26, 2025	$	(1,507)	$	337	$	(2,404)	$	(3,574)
Changes before reclassifications	3,137		90		(9)		3,218


Amounts reclassified to net income	(1,213)		(18)		101		(1,130)
Tax effect	—		(18)		(23)		(41)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated	1,924		54		69		2,047
Balance at April 25, 2026	$	417	$	391	$	(2,335)	$	(1,527)

We reclassified the foreign currency translation adjustment, 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.


	Fiscal Year Ended
	(52 weeks)		(52 weeks)		(52 weeks)
(Amounts in thousands)	4/25/2026		4/26/2025		4/27/2024
Balance as of the beginning of the year	$	11,353	$	10,296	$	10,261
Net income	926		1,396		2,010
Other comprehensive income (loss)	398		1,075		(803)
Dividends distributed to joint venture minority partners	—		(1,414)		(1,172)

Balance as of the end of the year	$	12,677	$	11,353	$	10,296