Accumulated Other Comprehensive Loss

12 Months Ended

Aug. 26, 2023

14. Accumulated Other Comprehensive Loss

The changes in each component of accumulated other comprehensive loss for fiscal 2023 and 2022 are as follows (in thousands):


	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	)
Change during the year		(7,002	)		7,518			30		546
Balance as of August 27, 2022		(24,803	)		452			61		(24,290	)
Change during the year		(1,701	)		2,130			100		529
Balance as of August 26, 2023	$	(26,504	)	$	2,582		$	161	$	(23,761	)

(1)

Amounts are shown net of tax.

Amounts reclassified from accumulated other comprehensive loss, net of tax, for fiscal 2023 and 2022 were as follows (in thousands):


Year ended	August 26, 2023			August 27, 2022
Pension benefit liabilities, net:
Actuarial loss (gain) (a)	$	(16	)	$	(414	)
Total, net of tax		(16	)		(414	)
Derivative financial instruments, net:
Forward contracts loss (gain) (b)		93			68
Total, net of tax		93			68
Total amounts reclassified, net of tax	$	77		$	(346	)

(a)

Amounts included in selling and administrative expenses in the accompanying Consolidated Statements of Income.

(b)

Amounts included in revenues in the accompanying Consolidated Statements of Income.