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Accumulated Other Comprehensive Loss
9 Months Ended
May 25, 2024
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 25, 2024 and May 27, 2023 were as follows (in thousands):

 

 

 

Thirteen Weeks Ended May 25, 2024

 

 

 

Foreign
Currency
Translation

 

 

Pension-
related (1)

 

 

Derivative
Financial
Instruments (1)

 

 

Total
Accumulated
Other
Comprehensive
Loss

 

Balance as of February 24, 2024

 

$

(25,736

)

 

$

2,582

 

 

$

115

 

 

$

(23,039

)

Other comprehensive (loss) income before reclassification

 

 

(598

)

 

 

 

 

 

30

 

 

 

(568

)

Amounts reclassified from accumulated other
   comprehensive loss

 

 

 

 

 

 

 

 

(24

)

 

 

(24

)

Net current period other comprehensive (loss) income

 

 

(598

)

 

 

 

 

 

6

 

 

 

(592

)

Balance as of May 25, 2024

 

$

(26,334

)

 

$

2,582

 

 

$

121

 

 

$

(23,631

)

 

 

 

Thirty-Nine Weeks Ended May 25, 2024

 

 

 

Foreign
Currency
Translation

 

 

Pension-
related (1)

 

 

Derivative
Financial
Instruments (1)

 

 

Total
Accumulated
Other
Comprehensive
Loss

 

Balance as of August 26, 2023

 

$

(26,504

)

 

$

2,582

 

 

$

161

 

 

$

(23,761

)

Other comprehensive income (loss) before reclassification

 

 

170

 

 

 

 

 

 

28

 

 

 

198

 

Amounts reclassified from accumulated other
   comprehensive loss

 

 

 

 

 

 

 

 

(68

)

 

 

(68

)

Net current period other comprehensive income (loss)

 

 

170

 

 

 

 

 

 

(40

)

 

 

130

 

Balance as of May 25, 2024

 

$

(26,334

)

 

$

2,582

 

 

$

121

 

 

$

(23,631

)

 

 

 

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

)

(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 25, 2024 and May 27, 2023 were as follows (in thousands):

 

 

 

Thirteen Weeks Ended

 

 

Thirty-Nine Weeks Ended

 

 

 

May 25, 2024

 

 

May 27, 2023

 

 

May 25, 2024

 

 

May 27, 2023

 

Derivative financial instruments, net:

 

 

 

 

 

 

 

 

 

 

 

 

Forward contracts (a)

 

$

(24

)

 

$

(25

)

 

$

(68

)

 

$

(69

)

Total, net of tax

 

 

(24

)

 

 

(25

)

 

 

(68

)

 

 

(69

)

 

 

 

 

 

 

 

 

 

 

 

 

Total amounts reclassified, net of tax

 

$

(24

)

 

$

(25

)

 

$

(68

)

 

$

(69

)

 

(a)
Amounts included in revenues in the accompanying Consolidated Statements of Income.