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CONSOLIDATED STATEMENT OF INCOME - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Apr. 27, 2019
Apr. 28, 2018
Apr. 29, 2017
CONSOLIDATED STATEMENT OF INCOME      
Sales $ 1,745,401 $ 1,583,947 $ 1,520,060
Cost of sales 1,042,831 961,200 910,757
Gross profit 702,570 622,747 609,303
Selling, general and administrative expense 572,896 493,378 475,961
Operating income 129,674 129,369 133,342
Interest expense (1,542) (538) (1,073)
Interest income 2,103 1,709 981
Pension termination charge (32,671)    
Other expense (2,237) (1,650) (2,510)
Income before income taxes 95,327 128,890 130,740
Income tax expense 25,186 47,295 43,756
Net income 70,141 81,595 86,984
Net income attributable to noncontrolling interests (1,567) (729) (1,062)
Net income attributable to La-Z-Boy Incorporated $ 68,574 $ 80,866 $ 85,922
Basic weighted average common shares (in shares) 46,828 47,621 48,963
Basic net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 1.46 $ 1.69 $ 1.75
Diluted weighted average common shares (in shares) 47,333 48,135 49,470
Diluted net income attributable to La-Z-Boy Incorporated per share (in dollars per share) $ 1.44 $ 1.67 $ 1.73