Accumulated Other Comprehensive Loss

12 Months Ended

Apr. 30, 2016

Accumulated Other Comprehensive Loss

Accumulated Other Comprehensive Loss

Note 16: Accumulated Other Comprehensive Loss

The activity in accumulated other comprehensive loss for the fiscal years ended April 30, 2016, April 25, 2015, and April 26, 2014, were as follows:

(Amounts in thousands)	Translation Adjustment			Change in Fair Value of Cash Flow Hedge			Unrealized Gain on Marketable Securities			Net Pension Amortization and Net Actuarial Loss			Accumulated Other Comprehensive Loss
Balance at April 27, 2013	$	4,779		$	231		$	474		$	(40,980	)	$	(35,496	)
Changes before reclassifications		(2,324	)		(780	)		1,308			6,286			4,490
Amounts reclassified to net income		—			321			(300	)		3,566			3,587
Tax effect		—			175			(384	)		(3,752	)		(3,961	)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		(2,324	)		(284	)		624			6,100			4,116
Balance at April 26, 2014		2,455			(53	)		1,098			(34,880	)		(31,380	)
Changes before reclassifications		(938	)		(1,857	)		1,033			(2,517	)		(4,279	)
Amounts reclassified to net income		—			1,038			(214	)		2,806			3,630
Tax effect		—			312			(312	)		(110	)		(110	)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		(938	)		(507	)		507			179			(759	)
Balance at April 25, 2015		1,517			(560	)		1,605			(34,701	)		(32,139	)
Changes before reclassifications		(1,962	)		(1,711	)		(447	)		(2,612	)		(6,732	)
Amounts reclassified to net income		—			2,154			(436	)		3,216			4,934
Tax effect		—			(169	)		336			(230	)		(63	)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		(1,962	)		274			(547	)		374			(1,861	)
Balance at April 30, 2016	$	(445	)	$	(286	)	$	1,058		$	(34,327	)	$	(34,000	)

We reclassified the unrealized gain on marketable securities from accumulated other comprehensive loss to net income through other income in our consolidated statement of income, reclassified the change in fair value of cash flow hedges to net income through cost of sales, and reclassified the net pension amortization to net income through selling, general and administrative expense.

The components of non-controlling interest at April 30, 2016, April 25, 2015, and April 26, 2014 were as follows:

(Amounts in thousands)	4/30/2016			4/25/2015			4/26/2014
Balance as of the beginning of the year	$	8,954		$	7,832		$	7,140
Net income		1,711			1,198			1,324
Other comprehensive income		(595	)		(76	)		(730	)
Change in non-controlling interest		—			—			98
Balance as of the end of the year	$	10,070		$	8,954		$	7,832