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Accumulated other comprehensive loss
12 Months Ended
Mar. 28, 2020
Accumulated other comprehensive loss  
Accumulated other comprehensive loss

9. Accumulated other comprehensive income

Accumulated other comprehensive income (“AOCI”) consists of changes in our foreign currency hedge contracts, pension liability adjustment, and foreign currency translation. The components of AOCI, net of tax, were as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Foreign

 

 

 

 

 

 

 

 

 

 

 

currency

 

Pension

 

Foreign

 

 

 

 

 

hedge

 

liability

 

currency

 

 

 

 

    

instruments

    

adjustment

    

translation

    

Total

Balance at April 1, 2017

 

$

(155)

 

$

(1,444)

 

$

(21,044)

 

$

(22,643)

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive income (loss) before reclassifications, net of tax

 

 

1,203

 

 

(398)

 

 

5,623

 

 

6,428

Amounts reclassified to earnings, net of tax

 

 

(1,150)

 

 

49

 

 

 —

 

 

(1,101)

Net current period other comprehensive income (loss)

 

 

53

 

 

(349)

 

 

5,623

 

 

5,327

Balance at March 31, 2018

 

$

(102)

 

$

(1,793)

 

$

(15,421)

 

$

(17,316)

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive loss before reclassifications, net of tax

 

 

(2,197)

 

 

(92)

 

 

(7,911)

 

 

(10,200)

Amounts reclassified to earnings, net of tax

 

 

1,332

 

 

52

 

 

 —

 

 

1,384

Net current period other comprehensive loss

 

 

(865)

 

 

(40)

 

 

(7,911)

 

 

(8,816)

Balance at March 30, 2019

 

$

(967)

 

$

(1,833)

 

$

(23,332)

 

$

(26,132)

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive loss before reclassifications, net of tax

 

 

(6,081)

 

 

(835)

 

 

(4,789)

 

 

(11,705)

Amounts reclassified to earnings, net of tax

 

 

1,485

 

 

57

 

 

 —

 

 

1,542

Net current period other comprehensive loss

 

 

(4,596)

 

 

(778)

 

 

(4,789)

 

 

(10,163)

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at March 28, 2020

 

$

(5,563)

 

$

(2,611)

 

$

(28,121)

 

$

(36,295)

 

The unrecognized net actuarial loss included in accumulated other comprehensive income as of March 28, 2020 and March 30, 2019 was $2,611 and $1,833, respectively. Amounts reclassified from AOCI to earnings for the pension liability adjustment category are generally included in cost of sales and selling, general and administrative expenses in the Company’s consolidated statements of operations. For a description of the Company’s employee benefit plans, refer to Note 6. Amounts reclassified from AOCI to earnings for the foreign currency hedge instruments category are generally included in cost of sales in the Company’s consolidated statements of operations. For a description of the Company’s use of foreign currency forward contracts, refer to Note 10.