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Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Jan. 29, 2016
Other Comprehensive Income (Loss), Tax [Abstract]  
Accumulated Other Comprehensive Income (Loss)
NOTE 12 – ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
Accumulated other comprehensive income (loss), net of tax, consisted of the following for the three months ended January 29, 2016 and January 30, 2015:
Three Months Ended January 29, 2016
Foreign Currency Translation1
 
Benefit Obligations2
 
Financial Instruments3
 
Accumulated Other Comprehensive Income (Loss)
Balance, October 30, 2015
$
(107,489
)
 
$
(80,541
)
 
$
(7,468
)
 
$
(195,498
)
Other comprehensive income before reclassifications
(24,927
)
 
—

 
595

 
(24,332
)
Amounts reclassified from accumulated other comprehensive income to earnings
—

 
1,808

 
(216
)
 
1,592

Balance, January 29, 2016
$
(132,416
)
 
$
(78,733
)
 
$
(7,089
)
 
$
(218,238
)
Three Months Ended January 30, 2015
Foreign Currency Translation1
 
Benefit Obligations2
 
Financial Instruments3
 
Accumulated
Other
Comprehensive
Income (Loss)
Balance, October 31, 2014
$
70,820

 
$
(82,402
)
 
$
(8,088
)
 
$
(19,670
)
Other comprehensive income before reclassifications
(57,692
)
 
—

 
989

 
(56,703
)
Amounts reclassified from accumulated other comprehensive income to earnings
—

 
4,359

 
(222
)
 
4,137

Balance, January 30, 2015
$
13,128

 
$
(78,043
)
 
$
(7,321
)
 
$
(72,236
)

1 We deem our foreign investments to be permanent in nature and therefore do not provide for taxes on foreign currency translation adjustments.
2 Taxes on benefit obligations are recorded in the fourth quarter of each fiscal year.
3 Amounts reclassified from accumulated other comprehensive income for financial instruments were net of taxes of $116 for the three months ended January 29, 2016 and $122 for the three months ended January 30, 2015.
Amounts related to financial instruments are reclassified from accumulated other comprehensive income (loss) to net income based on the nature of the instrument. Gains and losses on foreign currency contracts are reclassified to other expense (income) in the Condensed Consolidated Statement of Operations when the underlying hedged item is realized. Unamortized gains and losses on treasury lock contracts are reclassified ratably to interest expense in our Condensed Consolidated Statements of Operations over the term of the related debt.
Amounts related to pension and post-retirement medical adjustments are reclassified from accumulated other comprehensive income (loss) to pension cost, which is allocated to cost of sales and operating expenses based on salaries and wages, approximately as follows:
 
Three Months Ended
 
January 29,
2016
 
January 30,
2015
Cost of sales
$
702

 
$
1,609

Research and Development
230

 
715

Selling, General and Administrative
876

 
2,035

Total Before Income Taxes
$
1,808

 
$
4,359