Fiscal period | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
Period End Date | 4/30/2025 | 4/30/2024 | 4/30/2023 | 4/30/2022 | 4/30/2021 | 4/30/2020 | 4/30/2019 | 4/30/2018 | 4/30/2017 | 4/30/2016 |
Sales | 2,109.21 | 2,047.03 | 2,349.43 | 2,356.81 | 1,734.24 | 1,703.98 | 1,745.40 | 1,583.95 | 1,520.06 | 1,525.40 |
Total Revenues | 2,109.21 | 2,047.03 | 2,349.43 | 2,356.81 | 1,734.24 | 1,703.98 | 1,745.40 | 1,583.95 | 1,520.06 | 1,525.40 |
Cost of goods sold | 1,182.79 | 1,165.36 | 1,340.73 | 1,440.84 | 993.98 | 982.54 | 1,042.83 | 961.20 | 913.52 | 943.29 |
Cost of sales : Restructuring | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.07 |
Gross Profit | 926.42 | 881.67 | 1,008.70 | 915.97 | 740.26 | 721.45 | 702.57 | 622.75 | 606.54 | 582.04 |
Goodwill impairment | 20.58 | -- | -- | -- | -- | 26.86 | -- | -- | -- | -- |
Write-down of intangibles | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Selling, general and administrative | 770.00 | 730.87 | 797.26 | 709.21 | 603.52 | 575.82 | 572.90 | 493.38 | 475.96 | 459.14 |
Restructuring | -- | -- | -- | -- | -- | -- | -- | -- | -- | 0.51 |
Loss on divestiture | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Write-down of long-lived assets | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Write-down of intangibles | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Operating Income (Loss) | 135.84 | 150.80 | 211.44 | 206.76 | 136.74 | 118.76 | 129.67 | 129.37 | 130.58 | 122.39 |
Interest expense | 0.55 | 0.46 | 0.54 | 0.90 | 1.39 | 1.29 | 1.54 | 0.54 | 1.07 | 0.49 |
Interest income | 14.88 | 15.48 | 6.67 | 1.34 | 1.10 | 2.79 | 2.10 | 1.71 | 0.98 | 0.83 |
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 | -- | -- | -- | -- | -- | -- | -- | -- | 0.27 | 0.10 |
Pension termination charge | -- | -- | -- | -- | -- | 1.90 | (32.67) | -- | -- | -- |
Pre-Tax Income - Foreign | (13.34) | 19.90 | 27.85 | 41.06 | 21.37 | 13.05 | 22.27 | 17.37 | 8.54 | 9.29 |
Pre-Tax Income: United States | 160.47 | 145.85 | 177.94 | 164.43 | 124.55 | 102.13 | 73.06 | 111.52 | 122.20 | 115.75 |
Income before Income taxes | 147.13 | 165.75 | 205.79 | 205.49 | 145.91 | 115.17 | 95.33 | 128.89 | 130.74 | 125.04 |
Federal-Deferred | 2.20 | (1.53) | 4.96 | 2.30 | 6.77 | 1.44 | (2.65) | 16.40 | 2.35 | 3.56 |
State-Deferred | 0.58 | (0.32) | 1.54 | 1.06 | 2.34 | (1.41) | (0.93) | 1.08 | (1.70) | 0.86 |
Federal -current | 28.00 | 29.64 | 31.95 | 30.79 | 18.33 | 25.03 | 17.63 | 21.21 | 35.61 | 2.35 |
State -current | 8.81 | 9.82 | 10.35 | 9.19 | 6.48 | 7.90 | 6.20 | 4.89 | 5.19 | 4.75 |
Foreign -current | 4.28 | 4.53 | 7.24 | 11.63 | 4.45 | 3.03 | 4.92 | 3.82 | 2.39 | 32.40 |
Foreign -deferred | 2.32 | (1.03) | (2.18) | (1.82) | 0.02 | 0.21 | 0.02 | (0.09) | (0.08) | 0.16 |
Income tax expense (benefit) | 46.18 | 41.12 | 53.85 | 53.16 | 38.38 | 36.19 | 25.19 | 47.30 | 43.76 | 44.08 |
Income (loss) from Continuing Operations | -- | -- | -- | -- | -- | -- | -- | -- | 86.98 | 80.96 |
Income (loss) from discontinued operations | -- | -- | -- | -- | -- | -- | -- | -- | 0.00 | 0.00 |
Income Before Cumulative Effect Of Accounting Change | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Extraordinary gains | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Cumulative effect of accounting changes | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
Net Income (loss) | 100.95 | 124.64 | 151.94 | 152.33 | 107.53 | 78.98 | 70.14 | 81.60 | 86.98 | 80.96 |
Less net income attributable to noncontrolling interests | 1.40 | 2.01 | 1.28 | 2.31 | 1.07 | 1.52 | 1.57 | 0.73 | 1.06 | 1.71 |
Net income attributable to La-Z-Boy Incorporated | 99.56 | 122.63 | -- | -- | -- | -- | 68.57 | 80.87 | 85.92 | 79.25 |
Income allocated to participating securities- Continued operation | -- | -- | -- | -- | -- | -- | 0.23 | 0.41 | 0.42 | 0.40 |
Net Income (Loss) Available to Common Shareholders | 99.56 | 122.63 | 150.66 | 150.02 | 106.46 | 77.47 | 68.35 | 80.46 | 85.50 | 78.85 |
Continuing Operations- (Basic) | -- | -- | -- | -- | -- | -- | -- | -- | 1.75 | 1.57 |
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) | 2.39 | 2.86 | 3.49 | 3.41 | 2.31 | 1.67 | 1.46 | 1.69 | 1.75 | 1.57 |
Continuing Operations- (Diluted) | -- | -- | -- | -- | -- | -- | -- | -- | 1.73 | 1.55 |
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) | 2.35 | 2.83 | 3.48 | 3.39 | 2.30 | 1.66 | 1.44 | 1.67 | 1.73 | 1.55 |
Weighted Average Shares Outstanding (Basic) | 41.60 | 42.88 | 43.15 | 44.02 | 45.98 | 46.40 | 46.83 | 47.62 | 48.96 | 50.19 |
Weighted Average Shares Outstanding (Diluted) | 42.35 | 43.28 | 43.24 | 44.29 | 46.37 | 46.74 | 47.33 | 48.14 | 49.47 | 50.77 |