Comprehensive Income (Loss)

9 Months Ended

Aug. 01, 2014

Comprehensive Income

Note 12 – Comprehensive Income

The Company’s comprehensive income is as follows:

(In thousands)	Three Months Ended						Nine Months Ended
	August 1,			July 26,			August 1,			July 26,
	2014			2013			2014			2013
Net earnings	$	38,908		$	38,238		$	105,890		$	98,871
Change in fair value of derivative financial       instruments, net of tax (1)		810			(848	)		(3,150	)		(2,434	)
Change in pension and post-retirement       obligations, net of tax (2)		507			2,031			2,653			4,006
Currency translation adjustment		(23,746	)		5,780			(19,231	)		(16,984	)
Comprehensive Income	$	16,479		$	45,201		$	86,162		$	83,459

⁽¹⁾ Net of tax benefit (expense) of $(171) and $247 for the third fiscal quarter of 2014 and 2013, respectively. Net of tax benefit of $1,345 and $728 for the first nine months of fiscal 2014 and 2013, respectively.

⁽²⁾ Net of tax expense of $(294) and $(1,092) for the third fiscal quarter of 2014 and 2013, respectively. Net of tax expense of $(1,310) and $(2,167) for the first nine months of fiscal 2014 and 2013, respectively.

The Company’s accumulated other comprehensive loss is comprised of the following:

(In thousands)	August 1,			October 25,
	2014			2013
Net unrealized loss on derivative contracts	$	(4,646	)	$	(1,496	)
Pension and post-retirement obligations		(53,532	)		(56,185	)
Currency translation adjustment		16,166			35,397
Total accumulated other comprehensive loss	$	(42,012	)	$	(22,284	)