XML 33 R23.htm IDEA: XBRL DOCUMENT v3.23.2
Accumulated Other Comprehensive Loss
9 Months Ended
May 27, 2023
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Loss

15. Accumulated Other Comprehensive Loss

The changes in each component of accumulated other comprehensive loss, net of tax, for the thirteen and thirty-nine weeks ended May 27, 2023 and May 28, 2022 were as follows (in thousands):

 

 

 

Thirteen weeks ended May 27, 2023

 

 

 

Foreign
Currency
Translation

 

 

Pension-
related (1)

 

 

Derivative
Financial
Instruments (1)

 

 

Total
Accumulated
Other
Comprehensive
Loss

 

Balance as of February 25, 2023

 

$

(28,054

)

 

$

452

 

 

$

172

 

 

$

(27,430

)

Other comprehensive income before reclassification

 

 

762

 

 

 

 

 

 

31

 

 

 

793

 

Amounts reclassified from accumulated other
   comprehensive loss

 

 

 

 

 

 

 

 

(25

)

 

 

(25

)

Net current period other comprehensive income

 

 

762

 

 

 

 

 

 

6

 

 

 

768

 

Balance as of May 27, 2023

 

$

(27,292

)

 

$

452

 

 

$

178

 

 

$

(26,662

)

 

 

 

Thirty-nine weeks ended May 27, 2023

 

 

 

Foreign
Currency
Translation

 

 

Pension-
related (1)

 

 

Derivative
Financial
Instruments (1)

 

 

Total
Accumulated
Other
Comprehensive
Loss

 

Balance as of August 27, 2022

 

$

(24,803

)

 

$

452

 

 

$

61

 

 

$

(24,290

)

Other comprehensive (loss) income before reclassification

 

 

(2,489

)

 

 

 

 

 

186

 

 

 

(2,303

)

Amounts reclassified from accumulated other
   comprehensive loss

 

 

 

 

 

 

 

 

(69

)

 

 

(69

)

Net current period other comprehensive (loss) income

 

 

(2,489

)

 

 

 

 

 

117

 

 

 

(2,372

)

Balance as of May 27, 2023

 

$

(27,292

)

 

$

452

 

 

$

178

 

 

$

(26,662

)

 

 

 

 

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 (loss) income 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

)

(1)
Amounts are shown net of tax

Amounts reclassified from accumulated other comprehensive loss, net of tax, for the thirteen and thirty-nine weeks ended May 27, 2023 and May 28, 2022 were as follows (in thousands):

 

 

 

Thirteen weeks ended

 

 

Thirty-nine weeks ended

 

 

 

May 27, 2023

 

 

May 28, 2022

 

 

May 27, 2023

 

 

May 28, 2022

 

Derivative financial instruments, net:

 

 

 

 

 

 

 

 

 

 

 

 

Forward contracts (a)

 

$

(25

)

 

$

(4

)

 

$

(69

)

 

$

(57

)

Total, net of tax

 

 

(25

)

 

 

(4

)

 

 

(69

)

 

 

(57

)

 

 

 

 

 

 

 

 

 

 

 

 

Total amounts reclassified, net of tax

 

$

(25

)

 

$

(4

)

 

$

(69

)

 

$

(57

)

 

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