v3.26.1
Accumulated Other Comprehensive Loss
3 Months Ended
Jul. 25, 2026
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss
Note 9: Accumulated Other Comprehensive Loss

Activity in accumulated other comprehensive income (loss) for the quarters ended July 25, 2026, and July 26, 2025, is as follows:
(Unaudited, 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 25, 2026$417 $391 $(2,335)$(1,527)
Changes before reclassifications(1,146)— — (1,146)
Amounts reclassified to net income (1)
— (391)2,335 1,944 
Tax effect— — — — 
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated(1,146)(391)2,335 798 
Balance at July 25, 2026$(729)$— $— $(729)
Balance at April 26, 2025$(1,507)$337 $(2,404)$(3,574)
Changes before reclassifications747 19 — 766 
Amounts reclassified to net income (2)
— (1)25 24 
Tax effect— (5)(6)(11)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated747 13 19 779 
Balance at July 26, 2025$(760)$350 $(2,385)$(2,795)
(1)Fiscal 2027 includes a $2.3 million charge related to the termination and settlement of our non-qualified legacy acquired retirement plan, of which $2.2 million of expense was recorded in other income (expense), net and $0.1 million of expense was recorded in income tax expense in our consolidated statement of income. Fiscal 2027 also includes $0.4 million of realized gains on the sale of marketable securities, of which $0.1 million of income was recorded in other income (expense), net and $0.3 million of income was recorded in income tax expense in our consolidated statement of income.
(2)We reclassified both the unrealized gain (loss) on marketable securities and the net pension amortization in fiscal 2026 from accumulated other comprehensive loss to net income through other income (expense), net.

The components of noncontrolling interest were as follows:
Quarter Ended
(Unaudited, amounts in thousands)7/25/20267/26/2025
Balance as of the beginning of the period$12,677 $11,353 
Net income308 93 
Other comprehensive income(498)409 
Balance as of the end of the period$12,487 $11,855