ACCUMULATED OTHER COMPREHENSIVE LOSS

9 Months Ended

Jul. 24, 2016

ACCUMULATED OTHER COMPREHENSIVE LOSS

ACCUMULATED OTHER COMPREHENSIVE LOSS

NOTE I  ACCUMULATED OTHER COMPREHENSIVE LOSS

Components of accumulated other comprehensive loss are as follows:

(in thousands)	Foreign Currency Translation		Pension & Other Benefits			Deferred Gain (Loss) - Hedging			Accumulated Other Comprehensive Loss
Balance at April 24, 2016	$	(621)	$	(223,726)		$	(1,319)		$	(225,666)
Unrecognized gains (losses):
Gross	(2,877)		-			7,702			4,825
Tax effect	-		-			(2,901)			(2,901)
Reclassification into net earnings:
Gross	-		(1,346)		(1)	346		(2)	(1,000)
Tax effect	-		511			(130)			381
Net of tax amount	(2,877)		(835)			5,017			1,305
Balance at July 24, 2016	$	(3,498)	$	(224,561)		$	3,698		$	(224,361)
(in thousands)	Foreign Currency Translation		Pension & Other Benefits			Deferred Gain (Loss)- Hedging			Accumulated Other Comprehensive Loss
Balance at October 25, 2015	$	969	$	(227,266)		$	629		$	(225,668)
Unrecognized gains (losses):
Gross	(4,467)		(16)			3,234			(1,249)
Tax effect	-		5			(1,219)			(1,214)
Reclassification into net earnings:
Gross	-		4,376		(1)	1,690		(2)	6,066
Tax effect	-		(1,660)			(636)			(2,296)
Net of tax amount	(4,467)		2,705			3,069			1,307
Balance at July 24, 2016	$	(3,498)	$	(224,561)		$	3,698		$	(224,361)

(1) Included in the computation of net periodic cost (see Note F “Pension and Other Post-Retirement Benefits” for additional details).

(2) Included in cost of products sold in the Consolidated Statements of Operations.