COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)

12 Months Ended

Aug. 01, 2020

Equity [Abstract]

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in Accumulated other comprehensive (loss) income by component net of tax for fiscal 2020, fiscal 2019 and fiscal 2018 are as follows:

(in thousands)	Other Cash Flow Derivatives			Benefit Plans			Foreign Currency			Swap Agreements			Total
Accumulated other comprehensive (loss) income at July 29, 2017	$	—		$	—		$	(15,262	)	$	1,299		$	(13,963	)
Other comprehensive (loss) income before reclassifications	—			—			(3,791		)	4,219			428
Amortization of cash flow hedge	—			—			—			(644		)	(644		)
Net current period Other comprehensive (loss) income	—			—			(3,791		)	3,575			(216		)
Accumulated other comprehensive (loss) income at July 28, 2018	$	—		$	—		$	(19,053	)	$	4,874		$	(14,179	)
Other comprehensive loss before reclassifications	—			(32,458		)	(1,029		)	(61,277		)	(94,764		)
Amortization of cash flow hedge	—			—			—			(10		)	(10		)
Net current period Other comprehensive loss	—			(32,458		)	(1,029		)	(61,287		)	(94,774		)
Accumulated other comprehensive loss at August 3, 2019	$	—		$	(32,458	)	$	(20,082	)	$	(56,413	)	$	(108,953	)
Other comprehensive loss before reclassifications	(88		)	(89,152		)	(1,337		)	(62,679		)	(153,256		)
Amortization of amounts included in net periodic benefit income	—			(2,296		)	—			—			(2,296		)
Amortization of cash flow hedges	21			—			—			17,928			17,949
Pension settlement charge	—			8,610			—			—			8,610
Net current period Other comprehensive loss	(67		)	(82,838		)	(1,337		)	(44,751		)	(128,993		)
Accumulated other comprehensive loss at August 1, 2020	$	(67	)	$	(115,296	)	$	(21,419	)	$	(101,164	)	$	(237,946	)

Reclassification out of Accumulated Other Comprehensive Income

Items reclassified out of Accumulated other comprehensive loss had the following impact on the Consolidated Statements of Operations:

(in thousands)	2020			2019			2018			Affected Line Item on the Consolidated Statements of Operations
Pension and postretirement benefit plan obligations:
Amortization of amounts included in net periodic benefit income(1)	$	(3,107	)	$	—		$	—		Net periodic benefit income, excluding service cost
Pension settlement charges	11,303			—			—			Net periodic benefit income, excluding service cost
Total reclassifications	8,196			—			—
Income tax benefit	1,882			—			—			(Benefit) provision for income taxes
Total reclassifications, net of tax	$	6,314		$	—		$	—
Swap agreements:
Reclassification of cash flow hedge	$	24,505		$	(13	)	$	(827	)	Interest expense, net
Income tax benefit (expense)	6,577			(3		)	(183		)	(Benefit) provision for income taxes
Total reclassifications, net of tax	$	17,928		$	(10	)	$	(644	)
Other cash flow hedges:
Reclassification of cash flow hedge	$	29		$	—		$	—		Cost of sales
Income tax benefit	8			—			—			(Benefit) provision for income taxes
Total reclassifications, net of tax	$	21		$	—		$	—

(1)

Amortization of amounts included in net periodic benefit income include amortization of prior service benefit and amortization of net actuarial loss as reflected in Note 14—Benefit Plans.