Accumulated Other Comprehensive (Loss) Income (Tables)

3 Months Ended

Jan. 30, 2021

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 three months of fiscal 2021.


	Foreign currency translation adjustment		Unrealized holding gains (losses) on derivatives		Pension plans		Total
October 31, 2020	$	(26,852)	$	(172,670)	$	(49,939)	$	(249,461)
Other comprehensive income (loss) before reclassifications	8,279		34,930		(2,446)		40,763
Amounts reclassified out of other comprehensive income (loss)	—		(3,804)		748		(3,056)
Tax effects	—		(6,661)		(86)		(6,747)
Other comprehensive income (loss)	8,279		24,465		(1,784)		30,960

January 30, 2021	$	(18,573)	$	(148,205)	$	(51,723)	$	(218,501)

Schedule of 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
Comprehensive Income Component	January 30, 2021		February 1, 2020		Location
Unrealized holding losses (gains) on derivatives
Currency forwards	$	(1,986)	$	(80)	Cost of sales
	(1,064)		378		Research and development
	(1,218)		532		Selling, marketing, general and administrative

Interest rate derivatives	464		464		Interest expense

	(3,804)		1,294		Total before tax
	204		(370)		Tax
Effect of Accounting Standards Update 2018-02	—		(2,379)		Retained earnings
	$	(3,600)	$	(1,455)	Net of tax

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


Actuarial losses	748		648

	(86)		(160)		Tax
	$	662	$	488	Net of tax

Total amounts reclassified out of AOCI, net of tax	$	(2,938)	$	(967)