Accumulated Other Comprehensive (Loss) Income (Tables)

9 Months Ended

Aug. 01, 2020

Components of accumulated other comprehensive loss, net of tax

The following table provides the changes in accumulated other comprehensive (loss) income (AOCI) by component and the related tax effects during the first nine months of fiscal 2020.


	Foreign currency translation adjustment		Unrealized holding gains (losses) on derivatives		Pension plans		Total
November 2, 2019	$	(30,076)	$	(118,015)	$	(39,708)	$	(187,799)
Other comprehensive loss before reclassifications	197		(111,684)		(1,401)		(112,888)
Amounts reclassified out of other comprehensive income (loss)	—		2,165		1,954		4,119
Tax effects	—		26,503		(485)		26,018
Other comprehensive (loss) income	197		(83,016)		68		(82,751)
Effect of Accounting Standards Update 2018-02	—		(2,379)		—		(2,379)
August 1, 2020	$	(29,879)	$	(203,410)	$	(39,640)	$	(272,929)

Reclassification out of Accumulated Other Comprehensive Income

The amounts reclassified out of AOCI into the Condensed Consolidated Statements of Income and the Condensed Consolidated Statements of Shareholders' Equity with presentation location during each period were as follows:


	Three Months Ended						Nine Months Ended
Comprehensive Income Component	August 1, 2020		August 3, 2019		August 1, 2020		August 3, 2019		Location
Unrealized holding losses (gains) on derivatives
Currency forwards	$	(842)	$	185	$	(762)	$	1,382	Cost of sales
	(226)		652		640		2,270		Research and development
	(189)		617		895		2,488		Selling, marketing, general and administrative

Interest rate derivatives	464		464		1,392		974		Interest expense

	(793)		1,918		2,165		7,114		Total before tax
	79		(384)		(488)		(1,187)		Tax
Effect of Accounting Standards Update 2018-02	—		—		(2,379)		—		Retained earnings
	$	(714)	$	1,534	$	(702)	$	5,927	Net of tax

Amortization of pension components included in the computation of net periodic pension cost


Actuarial losses	672		243		1,954		754

	(168)		(60)		(485)		(186)		Tax
	$	504	$	183	$	1,469	$	568	Net of tax

Total amounts reclassified out of AOCI, net of tax	$	(210)	$	1,717	$	767	$	6,495