Accumulated Other Comprehensive Loss

12 Months Ended

Aug. 31, 2024

14. Accumulated Other Comprehensive Loss

The changes in each component of accumulated other comprehensive loss for fiscal 2024 and 2023 are as follows (in thousands):


	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	)
Change during the year		(1,701	)		2,130			100			529
Balance as of August 26, 2023		(26,504	)		2,582			161			(23,761	)
Change during the year		538			(348	)		(73	)		117
Balance as of August 31, 2024	$	(25,966	)	$	2,234		$	88		$	(23,644	)

(1)

Amounts are shown net of tax.

Amounts reclassified from accumulated other comprehensive loss, net of tax, for fiscal 2024 and 2023 are as follows (in thousands):


Year ended	2024			2023
Pension benefit liabilities, net:
Actuarial loss (gain) (a)	$	(16	)	$	(16	)
Total, net of tax		(16	)		(16	)
Derivative financial instruments, net:
Forward contracts loss (gain) (b)		88			93
Total, net of tax		88			93
Total amounts reclassified, net of tax	$	72		$	77

(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.