LA-Z-BOY INC
For the period ended Apr 26, 2025. Filed Jun 17, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Jun 17, 2025
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 16. Form 10-K Summary
None.
SCHEDULE II VALUATION AND QUALIFYING ACCOUNTS
(Amounts in thousands)
| Additions | ||||||||
|---|---|---|---|---|---|---|---|---|
| Description · Balance atBeginningof Year · Charged/(Credited)to Costs andExpenses · Charged/(Credited)to OtherAccounts · Deductions · Balance atEnd ofYear | ||||||||
| Allowance for doubtful accounts, deducted from accounts receivable: | ||||||||
| April 26, 2025 | $5,076 | $1,055 | (1) | $— | $(1,089) | (2) | $5,042 | |
| April 27, 2024 | 4,776 | 391 | (1) | — | (91) | (2) | 5,076 | |
| April 29, 2023 | 3,406 | 1,489 | (1) | — | (119) | (2) | 4,776 | |
| Allowance for deferred tax assets: | ||||||||
| April 26, 2025 | $1,460 | $2,681 | $(86) | (3) | $— | $4,055 | ||
| April 27, 2024 | 3,468 | 79 | (2,087) | (3) | — | 1,460 | ||
| April 29, 2023 | 3,517 | 370 | (419) | (3) | — | 3,468 | ||
(1)Additions charged (credited) to costs and expenses includes the impact of foreign currency exchange gains (losses).
(2)Deductions represent uncollectible accounts written off less recoveries of accounts receivable written off in prior years.
(3)Represents impact of adjusting gross deferred tax assets.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| DATE: June 17, 2025 | LA-Z-BOY INCORPORATED | |
|---|---|---|
| BY | /s/ MELINDA D. WHITTINGTON | |
| Melinda D. WhittingtonBoard Chair, President and Chief Executive Officer | ||
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below, as of June 17, 2025, by the following persons on behalf of the registrant and in the capacities indicated.
| /s/ M.D. WHITTINGTON | /s/ M.T. LAWTON |
|---|---|
| M.D. WhittingtonBoard Chair, President and Chief Executive Officer | M.T. LawtonLead Director |
| /s/ E.L. ALEXANDER | /s/ M.H. BAER |
| E.L. AlexanderDirector | M.H. BaerDirector |
| /s/ S.M. GALLAGHER | /s/ J.P. HACKETT |
| S.M. GallagherDirector | J.P. HackettDirector |
| /s/ R.S. HAIDER | /s/ J.E. KERR |
| R.S. HaiderDirector | J.E. KerrDirector |
| /s/ M.S. LAVIGNE | /s/ T.E. LUEBKE |
| M.S. LaVigneDirector | T.E. LuebkeSenior Vice President and Chief Financial Officer |
| /s/ J.L. MCCURRY | /s/ R.L. O'GRADY |
| J.L. McCurryVice President, Corporate Controller and Chief Accounting Officer | R.L. O'GradyDirector |
| /s/ L.B. PETERS | |
| L.B. PetersDirector | |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.