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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
May 28, 2022
Stockholders Equity Note [Abstract]  
Schedule of Changes in Components of Accumulated Other Comprehensive Loss, Net of Tax

The changes in each component of accumulated other comprehensive loss, net of tax, for the thirteen and thirty-nine weeks ended May 28, 2022 and May 29, 2021 were as follows (in thousands):

 

 

 

Thirteen weeks ended May 28, 2022

 

 

 

Foreign
Currency
Translation

 

 

Pension-
related (1)

 

 

Derivative
Financial
Instruments (1)

 

 

Total
Accumulated
Other
Comprehensive
Loss

 

Balance as of February 26, 2022

 

$

(19,451

)

 

$

(7,066

)

 

$

23

 

 

$

(26,494

)

Other comprehensive loss before reclassification

 

 

(982

)

 

 

 

 

 

(10

)

 

 

(992

)

Amounts reclassified from accumulated other
   comprehensive loss

 

 

 

 

 

 

 

 

(4

)

 

 

(4

)

Net current period other comprehensive loss

 

 

(982

)

 

 

 

 

 

(14

)

 

 

(996

)

Balance as of May 28, 2022

 

$

(20,433

)

 

$

(7,066

)

 

$

9

 

 

$

(27,490

)

 

 

 

Thirty-nine weeks ended May 28, 2022

 

 

 

Foreign
Currency
Translation

 

 

Pension-
related (1)

 

 

Derivative
Financial
Instruments (1)

 

 

Total
Accumulated
Other
Comprehensive
Loss

 

Balance as of August 28, 2021

 

$

(17,801

)

 

$

(7,066

)

 

$

31

 

 

$

(24,836

)

Other comprehensive income (loss) before reclassification

 

 

(2,632

)

 

 

 

 

 

35

 

 

 

(2,597

)

Amounts reclassified from accumulated other
   comprehensive loss

 

 

 

 

 

 

 

 

(57

)

 

 

(57

)

Net current period other comprehensive loss

 

 

(2,632

)

 

 

 

 

 

(22

)

 

 

(2,654

)

Balance as of May 28, 2022

 

$

(20,433

)

 

$

(7,066

)

 

$

9

 

 

$

(27,490

)

 

 

 

Thirteen weeks ended May 29, 2021

 

 

 

Foreign
Currency
Translation

 

 

Pension-
related (1)

 

 

Derivative
Financial
Instruments (1)

 

 

Total
Accumulated
Other
Comprehensive
Loss

 

Balance as of February 27, 2021

 

$

(18,455

)

 

$

(10,026

)

 

$

(12

)

 

$

(28,493

)

Other comprehensive (loss) income before reclassification

 

 

6,099

 

 

 

 

 

 

(91

)

 

 

6,008

 

Amounts reclassified from accumulated other
   comprehensive loss

 

 

 

 

 

 

 

 

39

 

 

 

39

 

Net current period other comprehensive (loss) income

 

 

6,099

 

 

 

 

 

 

(52

)

 

 

6,047

 

Balance as of May 29, 2021

 

$

(12,356

)

 

$

(10,026

)

 

$

(64

)

 

$

(22,446

)

 

 

 

Thirty-nine weeks ended May 29, 2021

 

 

 

Foreign
Currency
Translation

 

 

Pension-
related (1)

 

 

Derivative
Financial
Instruments (1)

 

 

Total
Accumulated
Other
Comprehensive
Loss

 

Balance as of August 29, 2020

 

$

(22,009

)

 

$

(10,026

)

 

$

65

 

 

$

(31,970

)

Other comprehensive income (loss) before reclassification

 

 

9,653

 

 

 

 

 

 

(158

)

 

 

9,495

 

Amounts reclassified from accumulated other
   comprehensive loss

 

 

 

 

 

 

 

 

29

 

 

 

29

 

Net current period other comprehensive (loss) income

 

 

9,653

 

 

 

 

 

 

(129

)

 

 

9,524

 

Balance as of May 29, 2021

 

$

(12,356

)

 

$

(10,026

)

 

$

(64

)

 

$

(22,446

)

 

(1)
Amounts are shown net of tax
Schedule of Amounts Reclassified from Accumulated Other Comprehensive Loss, Net of Tax

Amounts reclassified from accumulated other comprehensive loss, net of tax, for the thirteen and thirty-nine weeks ended May 28, 2022 and May 29, 2021 were as follows (in thousands):

 

 

 

Thirteen weeks ended

 

 

Thirty-nine weeks ended

 

 

 

May 28, 2022

 

 

May 29, 2021

 

 

May 28, 2022

 

 

May 29, 2021

 

Derivative financial instruments, net:

 

 

 

 

 

 

 

 

 

 

 

 

Forward contracts (a)

 

$

(4

)

 

$

39

 

 

$

(57

)

 

$

29

 

Total, net of tax

 

 

(4

)

 

 

39

 

 

 

(57

)

 

 

29

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total amounts reclassified, net of tax

 

$

(4

)

 

$

39

 

 

$

(57

)

 

$

29

 

(a)
Amounts included in revenues in the accompanying consolidated statements of income.