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Note 9 - Accumulated Other Comprehensive Income (Loss)
 6 Months Ended
Jun. 01, 2019
Notes to Financial Statements  
Accumulated Other Comprehensive Income (Loss) Disclosure [Text Block]
Note
9:
Accumulated Other Comprehensive Income (Loss)
 
The following table provides details of total comprehensive income (loss):
 
   
Three Months Ended June 1, 2019
    
Three Months Ended June 2, 2018
  
   
H.B. Fuller Stockholders
    
Non-controlling Interests
    
H.B. Fuller Stockholders
    
Non-controlling Interests
  
                                                 
                                                 
   
Pre-tax
    
Tax
    
Net
    
Net
    
Pre-tax
    
Tax
    
Net
    
Net
  
Net income including non-controlling interests
  
 
-
    
 
-
    
$
36,641
   
$
-
      
-
      
-
     $
44,451
     $
13
  
Foreign currency translation adjustment¹
  
$
(39,313
)
  
 
-
    
 
(39,313
)
  
 
(4
)
   $
(40,752
 )    
-
      
(40,752
 )    
(5
 )
Reclassification to earnings:                                                                
Defined benefit pension plans adjustment²
  
 
1,982
    
$
(502
)
  
 
1,480
   
 
-
      
2,238
     $
(578
 )    
1,660
      
-
  
Interest rate swap³
  
 
(22,770
)
  
 
5,692
    
 
(17,078
)
  
 
-
      
7,405
      
(2,821
 )    
4,584
      
-
  
Cash flow hedges³
  
 
6,327
    
 
(225
)
  
 
6,102
   
 
-
      
(19
 )    
7
      
(12
 )    
-
  
Other comprehensive income (loss)
  
$
(53,774
)
  
$
4,965
    
 
(48,809
)
  
 
(4
)
   $
(31,128
 )   $
(3,392
 )    
(34,520
 )    
(5
 )
Comprehensive income (loss)
    
 
 
 
  
$
(12,168
)
  
$
(4
)
    
 
      
 
     $
9,931
     $
8
  
 
 
   
Six Months Ended June 1, 2019
    
Six Months Ended June 2, 2018
  
   
H.B. Fuller Stockholders
    
Non-controlling Interests
    
H.B. Fuller Stockholders
    
Non-controlling Interests
  
                                                 
                                                 
   
Pretax
    
Tax
    
Net
    
Net
    
Pretax
    
Tax
    
Net
    
Net
  
Net income including non-controlling interests
  
 
-
    
 
-
    
$
48,885
   
$
4
      
-
      
-
     $
92,133
     $
(2
 )
Foreign currency translation adjustment¹
  
$
(21,620
)
  
 
-
    
 
(21,620
)
  
 
2
     $
(19,284
 )    
-
      
(19,284
 )    
(18
 )
Reclassification to earnings:
                                                                
Defined benefit pension plans adjustment²
  
 
3,968
    
$
(1,006
)
  
 
2,962
    
 
-
      
4,476
     $
(1,156
 )    
3,320
      
-
  
Interest rate swap³
  
 
(38,029
)
  
 
9,507
    
 
(28,522
)
  
 
-
      
26,839
      
(6,303
 )    
20,536
      
-
  
Cash flow hedges³
  
 
10,611
    
 
(423
)
  
 
10,188
    
 
-
      
(4,513
 )    
(2,340
 )    
(6,853
 )    
-
  
Other comprehensive
income (loss)
  
$
(45,070
)
  
$
8,078
    
 
(36,992
)
  
 
2
     $
7,518
     $
(9,799
 )    
(2,281
 )    
(18
 )
Comprehensive income (loss)
    
 
 
 
  
$
11,893
    
$
6
      
 
      
 
     $
89,852
     $
(20
 )
 
¹ Income taxes are
not
provided for foreign currency translation relating to permanent investments in international subsidiaries.
 
² Loss reclassified from accumulated other comprehensive income ("AOCI") into earnings as part of net periodic cost related to pension and other postretirement benefit plans is reported in cost of sales and SG&A expense.
 
³ Income (loss) reclassified from AOCI into earnings is reported in other income, net.
 
The components of accumulated other comprehensive loss is as follows:
 
   
June 1, 2019
  
   
Total
    
H.B. Fuller
Stockholders
    
Non-
controlling
Interests
  
Foreign currency translation adjustment
  
$
(149,020
)
  
$
(148,927
)
  
$
(93
)
Defined benefit pension plans adjustment, net of taxes of $74,077
  
 
(141,178
)
  
 
(141,178
)
  
 
-
  
Interest rate swap, net of taxes of $2,276
  
 
(6,829
)
  
 
(6,829
)
  
 
-
  
Cash flow hedges, net of taxes of $165
  
 
(1,869
)
  
 
(1,869
)
  
 
-
  
Reclassification of AOCI tax effects
  
 
(18,341
)
  
 
(18,341
)
  
 
-
  
Accumulated other comprehensive loss
  
$
(317,237
)
  
$
(317,144
)
  
$
(93
)
 
   
December 1, 2018
  
   
Total
    
H.B. Fuller
Stockholders
    
Non-
controlling
Interests
  
Foreign currency translation adjustment
   $
(127,398
 )   $
(127,307
 )   $
(91
 )
Defined benefit pension plans adjustment, net of taxes of $75,083
    
(144,140
 )    
(144,140
 )    
-
  
Interest rate swap, net of taxes of ($7.231)
    
21,693
      
21,693
      
-
  
Cash flow hedges, net of taxes of $588
    
(12,057
 )    
(12,057
 )    
-
  
Reclassification of AOCI tax effects
    
(18,341
 )    
(18,341
 )    
-
  
Accumulated other comprehensive loss
   $
(280,243
 )   $
(280,152
 )   $
(91
 )