LA-Z-BOY INC
For the period ended Jul 27, 2024. Filed Aug 20, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jul 27, 2024 · Filed Aug 20, 2024
LZB$32.65+2.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Table of Contents
FORM 10-Q FIRST QUARTER OF FISCAL 2025
TABLE OF CONTENTS
| PageNumber | ||
|---|---|---|
| PART I Financial Information (Unaudited) | 3 | |
| Item 1. | Financial Statements | 3 |
| Consolidated Statement of Income | 3 | |
| Consolidated Statement of Comprehensive Income | 4 | |
| Consolidated Balance Sheet | 5 | |
| Consolidated Statement of Cash Flows | 6 | |
| Consolidated Statement of Changes in Equity | 7 | |
| Notes to Consolidated Financial Statements | 8 | |
| Note 1. Basis of Presentation | 8 | |
| Note 2. Acquisitions | 8 | |
| Note 3. Cash and Restricted Cash | 9 | |
| Note 4. Inventories | 9 | |
| Note 5. Goodwill and Other Intangible Assets | 10 | |
| Note 6. Investments | 10 | |
| Note 7. Product Warranties | 11 | |
| Note 8. Stock-Based Compensation | 12 | |
| Note 9. Accumulated Other Comprehensive Loss | 13 | |
| Note 10. Revenue Recognition | 14 | |
| Note 11. Segment Information | 15 | |
| Note 12. Income Taxes | 16 | |
| Note 13. Earnings per Share | 17 | |
| Note 14. Fair Value Measurements | 17 | |
| Item 2. | Management’s Discussion and Analysis of Financial Condition and Results of Operations | 19 |
| Cautionary Note Regarding Forward-Looking Statements | 19 | |
| Introduction | 19 | |
| Results of Operations | 22 | |
| Liquidity and Capital Resources | 24 | |
| Critical Accounting Policies | 26 | |
| Recent Accounting Pronouncements | 26 | |
| Item 3. | Quantitative and Qualitative Disclosures About Market Risk | 26 |
| Item 4. | Controls and Procedures | 27 |
| PART II Other Information | 28 | |
| Item 1A. | Risk Factors | 28 |
| Item 2. | Unregistered Sales of Equity Securities and Use of Proceeds | 28 |
| Item 5. | Other Information | 28 |
| Item 6. | Exhibits | 29 |
| Signature Page | 30 | |
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