v3.26.1
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Jul. 25, 2026
Intangible Asset, Goodwill and Other [Abstract]  
Schedule of Changes in Carrying Amount of Goodwill by Reportable Segment
We have goodwill on our consolidated balance sheet as follows:

Reportable Segment/UnitReporting UnitRelated Acquisition
Retail SegmentRetailIndependent La-Z-Boy Stores
Corporate and Other JoybirdJoybird

The following table summarizes changes in the carrying amount of our goodwill by reportable segment:

(Unaudited, amounts in thousands)Wholesale
Segment
Retail
Segment
Corporate
and Other
Total
Goodwill
Balance at April 25, 2026 (1)
$— $207,821 $35,479 $243,300 
Translation adjustment— (104)— (104)
Balance at July 25, 2026 (1)
$— $207,717 $35,479 $243,196 
(1)Includes $46.9 million and $20.6 million of accumulated impairment losses in Corporate and Other and the Wholesale segment, respectively.
Schedule of Indefinite-Lived Intangible Assets
We have intangible assets on our consolidated balance sheet as follows:

Reportable SegmentIntangible AssetUseful Life
Retail SegmentReacquired rights to own and operate La-Z-Boy StoresIndefinite-lived
Corporate and Other
Joybird® trade name (1)
Amortizable over eight-year useful life
(1)Fully amortized as of July 25, 2026.

The following summarizes changes in our intangible assets:
(Unaudited, amounts in thousands)Finite-Lived
Trade Name
Indefinite-
Lived
Reacquired
Rights
Total
Intangible
Assets
Balance at April 25, 2026$200 $77,382 $77,582 
Acquisitions— 4,806 4,806 
Amortization(200)— (200)
Translation adjustment— (78)(78)
Balance at July 25, 2026$— $82,110 $82,110 
Schedule of Finite-Lived Intangible Assets
We have intangible assets on our consolidated balance sheet as follows:

Reportable SegmentIntangible AssetUseful Life
Retail SegmentReacquired rights to own and operate La-Z-Boy StoresIndefinite-lived
Corporate and Other
Joybird® trade name (1)
Amortizable over eight-year useful life
(1)Fully amortized as of July 25, 2026.

The following summarizes changes in our intangible assets:
(Unaudited, amounts in thousands)Finite-Lived
Trade Name
Indefinite-
Lived
Reacquired
Rights
Total
Intangible
Assets
Balance at April 25, 2026$200 $77,382 $77,582 
Acquisitions— 4,806 4,806 
Amortization(200)— (200)
Translation adjustment— (78)(78)
Balance at July 25, 2026$— $82,110 $82,110