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LA-Z-BOY INC   FYE=4 (April)

Annual - Income Statement - Company Specific

Fiscal period2025202420232022202120202019201820172016
Period End Date4/30/20254/30/20244/30/20234/30/20224/30/20214/30/20204/30/20194/30/20184/30/20174/30/2016
Sales2,109.212,047.032,349.432,356.811,734.241,703.981,745.401,583.951,520.061,525.40
Total Revenues2,109.212,047.032,349.432,356.811,734.241,703.981,745.401,583.951,520.061,525.40
Cost of goods sold1,182.791,165.361,340.731,440.84993.98982.541,042.83961.20913.52943.29
Cost of sales : Restructuring------------------0.07
Gross Profit926.42881.671,008.70915.97740.26721.45702.57622.75606.54582.04
Goodwill impairment20.58--------26.86--------
Write-down of intangibles--------------------
Selling, general and administrative770.00730.87797.26709.21603.52575.82572.90493.38475.96459.14
Restructuring------------------0.51
Loss on divestiture--------------------
Write-down of long-lived assets--------------------
Write-down of intangibles--------------------
Operating Income (Loss)135.84150.80211.44206.76136.74118.76129.67129.37130.58122.39
Interest expense0.550.460.540.901.391.291.540.541.070.49
Interest income14.8815.486.671.341.102.792.101.710.980.83
Other income (loss) net(3.04)(0.07)(11.78)(1.71)9.47(6.98)(2.24)(1.65)(0.02)2.21
Income from Continued Dumping and Subsidy Offset Act, net----------------0.270.10
Pension termination charge----------1.90(32.67)------
Pre-Tax Income - Foreign(13.34)19.9027.8541.0621.3713.0522.2717.378.549.29
Pre-Tax Income: United States160.47145.85177.94164.43124.55102.1373.06111.52122.20115.75
Income before Income taxes147.13165.75205.79205.49145.91115.1795.33128.89130.74125.04
Federal-Deferred2.20(1.53)4.962.306.771.44(2.65)16.402.353.56
State-Deferred0.58(0.32)1.541.062.34(1.41)(0.93)1.08(1.70)0.86
Federal -current28.0029.6431.9530.7918.3325.0317.6321.2135.612.35
State -current8.819.8210.359.196.487.906.204.895.194.75
Foreign -current4.284.537.2411.634.453.034.923.822.3932.40
Foreign -deferred2.32(1.03)(2.18)(1.82)0.020.210.02(0.09)(0.08)0.16
Income tax expense (benefit)46.1841.1253.8553.1638.3836.1925.1947.3043.7644.08
Income (loss) from Continuing Operations----------------86.9880.96
Income (loss) from discontinued operations----------------0.000.00
Income Before Cumulative Effect Of Accounting Change--------------------
Extraordinary gains--------------------
Cumulative effect of accounting changes--------------------
Net Income (loss)100.95124.64151.94152.33107.5378.9870.1481.6086.9880.96
Less net income attributable to noncontrolling interests1.402.011.282.311.071.521.570.731.061.71
Net income attributable to La-Z-Boy Incorporated99.56122.63--------68.5780.8785.9279.25
Income allocated to participating securities- Continued operation------------0.230.410.420.40
Net Income (Loss) Available to Common Shareholders99.56122.63150.66150.02106.4677.4768.3580.4685.5078.85
Continuing Operations- (Basic)----------------1.751.57
Income (loss) from discontinued operations (net of tax)--------------------
Cumulative effect of accounting changes (net of tax)--------------------
Extraordinary gains (net of tax)--------------------
Net Earnings Per Share (Basic)2.392.863.493.412.311.671.461.691.751.57
Continuing Operations- (Diluted)----------------1.731.55
Income (loss) from discontinued operations (net of tax)--------------------
Cumulative effect of accounting changes (net of tax)--------------------
Extraordinary gains (net of tax)--------------------
Net Earnings Per Share (Diluted)2.352.833.483.392.301.661.441.671.731.55
Weighted Average Shares Outstanding (Basic)41.6042.8843.1544.0245.9846.4046.8347.6248.9650.19
Weighted Average Shares Outstanding (Diluted)42.3543.2843.2444.2946.3746.7447.3348.1449.4750.77