1 unchanged sentence
Our board of directors has authorized the repurchase of company stock.
−Removed: We spent $5.0 million on discretionary repurchases in the first quarter of fiscal 2023 to repurchase 0.2 million shares.
−Removed: As of July 30, 2022, 7.3 million shares remained available for repurchase pursuant to the board authorization.
−Removed: With the operating cash flows we anticipate generating in fiscal 2023, we expect to continue repurchasing company stock.
−Removed: The following table summarizes our repurchases of company stock during the quarter ended July 30, 2022:
+Added: As of October 29, 2022, 7.3 million shares remained available for repurchase pursuant to the board authorization.
+Added: There were no share repurchases under the authorized plan during the second quarter of fiscal 2023.
+Added: Amounts in the table below include shares purchased from employees to satisfy their withholding tax obligations upon vesting of restricted shares.
+Added: The following table summarizes our repurchases of company stock during the quarter ended October 29, 2022:
(Unaudited, amounts in thousands, except per share data) Total number of
shares repurchased (1) Average price paid per share Total number of shares repurchased as part of publicly announced plan (2) Maximum number of shares that may yet be repurchased under the plan
−Removed: Fiscal May (May 1 – June 4, 2022) — $ — — 7,465
−Removed: Fiscal June (June 5 – July 2, 2022) 153 $ 24.14 82 7,383
−Removed: Fiscal July (July 3 – July 30, 2022) 122 $ 24.93 122 7,262
−Removed: Fiscal First Quarter of 2023
−Removed: 275 $ 24.49 204 7,262
−Removed: (1) In addition to the 203,573 shares we repurchased during the quarter as part of our publicly announced, board-authorized plan described above, this column includes 71,223 shares repurchased from employees to satisfy their withholding tax obligations upon vesting of restricted and performance based shares.
+Added: Fiscal August (July 31 – September 3, 2022) — $ — — 7,262
+Added: Fiscal September (September 4 – October 1, 2022) — $ — — 7,262
+Added: Fiscal October (October 2 – October 29, 2022) — $ — — 7,262
+Added: Fiscal Second Quarter of 2023
+Added: (1) There were no shares repurchased during the quarter as part of our publicly announced, board-authorized plan described above.
+Added: During the quarter ended October 29, 2022, 312 shares were purchased from employees to satisfy their withholding tax obligations upon vesting of restricted shares with an average share price of $27.73.
(2) On October 28, 1987, our board of directors announced the authorization of the plan to repurchase company stock.
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Number Description
−Removed: (10.1) * La-Z-Boy Incorporated 2017 Omnibus Incentive Plan Revised Sample Award Agreement effective June 28, 2022
+Added: (10.1) * La-Z-Boy Incorporated 2022 Omnibus Incentive (Incorporated by reference to Appendix A of the Registrant's Definitive Proxy Statement on Schedule 14A, filed on July 20, 2022)
(31.1) Certifications of Chief Executive Officer pursuant to Rule 13a-14(a)
8 unchanged sentences
(101.DEF) Inline XBRL Taxonomy Extension Definition Linkbase Document
−Removed: (104) The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended July 30, 2022, formatted in Inline XBRL (included in Exhibit 101)
+Added: (104) The cover page from the Company’s Quarterly Report on Form 10-Q for the quarter ended October 29, 2022, formatted in Inline XBRL (included in Exhibit 101)
+Added: * Indicates a management contract or compensatory plan or arrangement under which a director or executive officer may receive benefits.
Pursuant to the requirements 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.
LA-Z-BOY INCORPORATED
−Removed: August 23, 2022
+Added: November 30, 2022
/s/ Jennifer L.
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Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.