Accumulated Other Comprehensive (Loss) Income

9 Months Ended

Jul. 31, 2021

Accumulated Other Comprehensive (Loss) Income

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 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	5,073		32,548		(2,396)		35,225
Amounts reclassified out of other comprehensive income (loss)	—		(6,243)		2,245		(3,998)
Tax effects	—		(6,452)		(257)		(6,709)
Other comprehensive income (loss)	5,073		19,853		(408)		24,518

July 31, 2021	$	(21,779)	$	(152,817)	$	(50,347)	$	(224,943)

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	July 31, 2021		August 1, 2020		July 31, 2021		August 1, 2020		Location
Unrealized holding losses (gains) on derivatives
Currency forwards	$	(351)	$	(842)	$	(3,700)	$	(762)	Cost of sales
	(283)		(226)		(2,138)		640		Research and development
	28		(189)		(1,796)		895		Selling, marketing, general and administrative

Interest rate derivatives	464		464		1,391		1,392		Interest expense

	(142)		(793)		(6,243)		2,165		Total before tax
	(28)		79		505		(488)		Tax
Effect of Accounting Standards Update 2018-02	—		—		—		(2,379)		Retained earnings
	$	(170)	$	(714)	$	(5,738)	$	(702)	Net of tax

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


Actuarial losses	747		672		2,245		1,954
	(85)		(168)		(257)		(485)		Tax
	$	662	$	504	$	1,988	$	1,469	Net of tax

Total amounts reclassified out of AOCI, net of tax	$	492	$	(210)	$	(3,750)	$	767

Realized gains or losses on investments are determined based on the specific identification basis and are recognized in nonoperating expense (income). There were no material net realized gains or losses from the sales of available-for-sale investments during any of the fiscal periods presented.