Accumulated Other Comprehensive (Loss) Income

6 Months Ended

Apr. 30, 2022

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 six months of fiscal 2022.


	Foreign currency translation adjustment		Unrealized holding gains (losses) on derivatives		Pension plans		Total
October 30, 2021	$	(25,795)	$	(123,754)	$	(37,016)	$	(186,565)
Other comprehensive (loss) income before reclassifications	(22,472)		(20,728)		3,185		(40,015)
Amounts reclassified out of other comprehensive income	—		18,266		1,134		19,400
Tax effects	—		(248)		(187)		(435)
Other comprehensive (loss) income	(22,472)		(2,710)		4,132		(21,050)

April 30, 2022	$	(48,267)	$	(126,464)	$	(32,884)	$	(207,615)

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				Six Months Ended
Comprehensive Income Component	April 30, 2022		May 1, 2021		April 30, 2022		May 1, 2021		Location
Unrealized holding (gains) losses on derivatives
Currency forwards	$	2,113	$	(1,363)	$	3,864	$	(3,350)	Cost of sales
	1,373		(791)		2,583		(1,855)		Research and development
	2,485		(606)		4,357		(1,824)		Selling, marketing, general and administrative

Interest rate derivatives	3,731		464		7,462		928		Interest expense

	9,702		(2,296)		18,266		(6,101)		Total before tax
	(1,485)		329		(2,786)		533		Tax

	$	8,217	$	(1,967)	$	15,480	$	(5,568)	Net of tax

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


Actuarial losses	549		750		1,134		1,498
	(91)		(86)		(187)		(172)		Tax
	$	458	$	664	$	947	$	1,326	Net of tax

Total amounts reclassified out of AOCI, net of tax	$	8,675	$	(1,303)	$	16,427	$	(4,242)