The following is a reconciliation of the numerators and denominators we used in our computations of basic and diluted earnings per share:


	Fiscal Year Ended
	(52 weeks)		(52 weeks)		(52 weeks)
(Amounts in thousands)	4/25/2026		4/26/2025		4/27/2024
Numerator (basic and diluted):
Net income attributable to La-Z-Boy Incorporated	$	101,985	$	99,556	$	122,626



Denominator:
Basic weighted average common shares outstanding	40,982		41,601		42,878
Contingent common shares	246		562		279
Stock option dilution	113		182		123
Diluted weighted average common shares outstanding	41,341		42,345		43,280

Earnings per Share:
Basic	$	2.49	$	2.39	$	2.86
Diluted (1)	$	2.47	$	2.35	$	2.83

The values for contingent common shares set forth above reflect the dilutive effect of common shares that we would have issued to employees under the terms of performance-based share awards if the relevant performance period for the award had been the reporting period.

We exclude the effect of options from our diluted share calculation when the weighted average exercise price of the options is higher than the average market price, since including the options' effect would be anti-dilutive. We excluded options to purchase 0.2 million shares and 0.5 million shares from the diluted share calculation for the years ended April 25, 2026 and April 27, 2024, respectively. We did not exclude any outstanding options from the diluted share calculation for the fiscal year ended April 26, 2025.