Note 13 - Accumulated Other Comprehensive (Loss) Income

6 Months Ended

Feb. 27, 2016

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

13. Accumulated Other Comprehensive (Loss) Income

The changes in each component of accumulated other comprehensive (loss) income, net of tax,

for the thirteen and twenty-six weeks ended February 27, 2016 and February 28, 2015 were as follows

(in thousands):

	Thirteen Weeks Ended February 27, 2016
	Foreign Currency Translation			Pension- related			Derivative Financial Instruments			Total Accumulated Other Comprehensive (Loss) Income
Balance as of November 28, 2015	$	(21,995	)	$	(4,937	)	$	434		$	(26,498	)
Other comprehensive (loss) income before reclassification		(2,011	)		—			175			(1,836	)
Amounts reclassified from accumulated other comprehensive loss		—			—			(93	)		(93	)
Net current period other comprehensive (loss) income		(2,011	)		—			82			(1,929	)
Balance as of February 27, 2016	$	(24,006	)	$	(4,937	)	$	516		$	(28,427	)

	Twenty-six Weeks Ended February 27, 2016
	Foreign Currency Translation			Pension- related			Derivative Financial Instruments			Total Accumulated Other Comprehensive (Loss) Income
Balance as of August 29, 2015	$	(20,423	)	$	(4,719	)	$	729		$	(24,413	)
Other comprehensive (loss) income before reclassification		(3,583	)		(261	)		(48	)		(3,892	)
Amounts reclassified from accumulated other comprehensive loss		—			43			(165	)		(122	)
Net current period other comprehensive (loss) income		(3,583	)		(218	)		(213	)		(4,014	)
Balance as of February 27, 2016	$	(24,006	)	$	(4,937	)	$	516		$	(28,427	)

	Thirteen Weeks Ended February 28, 2015
	Foreign Currency Translation			Pension- related			Derivative Financial Instruments			Total Accumulated Other Comprehensive (Loss) Income
Balance as of November 29, 2014	$	(3,612	)	$	(6,510	)	$	—		$	(10,122	)
Other comprehensive (loss) income before reclassification		(10,569	)		—			(644	)		(11,213	)
Amounts reclassified from accumulated other comprehensive loss		—			—			—			—
Net current period other comprehensive (loss) income		(10,569	)		—			(644	)		(11,213	)
Balance as of February 28, 2015	$	(14,181	)	$	(6,510	)	$	(644	)	$	(21,335	)

	Twenty-six Weeks Ended February 28, 2015
	Foreign Currency Translation			Pension- related			Derivative Financial Instruments			Total Accumulated Other Comprehensive (Loss) Income
Balance as of August 30, 2014	$	2,711		$	(5,244	)	$	—		$	(2,533	)
Other comprehensive (loss) income before reclassification		(16,892	)		(1,417	)		(644	)		(18,953	)
Amounts reclassified from accumulated other comprehensive loss		—			151			—			151
Net current period other comprehensive (loss) income		(16,892	)		(1,266	)		(644	)		(18,802	)
Balance as of February 28, 2015	$	(14,181	)	$	(6,510	)	$	(644	)	$	(21,335	)

Amounts reclassified from accumulated other comprehensive income, net of tax, for the thirteen and twenty-six weeks ended February 27, 2016 and February 28, 2015 were as follows (in thousands):

	Thirteen weeks ended					Twenty-six weeks ended
	February 27, 2016			February 28, 2015		February 27, 2016			February 28, 2015
Pension benefit liabilities, net:
Actuarial losses	$	—		$	—	$	43	(a)	$	151
Total, net of tax		—			—		43			151
Derivative financial instruments, net:
Forward contracts		(93	)(b)		—		(165	)(b)		—
Total, net of tax		(93	)		—		(165	)		—
Total amounts reclassified, net of tax		(93	)		—		(122	)		151

(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.