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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
May 25, 2019
Stockholders Equity Note [Abstract]  
Schedule of Changes in Components of Accumulated Other Comprehensive Loss, Net of Tax

The changes in each component of accumulated other comprehensive loss, net of tax, for the thirteen and thirty-nine weeks ended May 25, 2019 and May 26, 2018 were as follows (in thousands):

 

 

 

Thirteen Weeks Ended May 25, 2019

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of February 23, 2019

 

$

(21,980

)

 

$

(4,135

)

 

$

109

 

 

$

(26,006

)

Other comprehensive income (loss) before reclassification

 

 

(2,649

)

 

 

 

 

 

184

 

 

 

(2,465

)

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

 

 

 

(46

)

 

 

(46

)

Net current period other comprehensive (loss) income

 

 

(2,649

)

 

 

 

 

 

138

 

 

 

(2,511

)

Balance as of May 25, 2019

 

$

(24,629

)

 

$

(4,135

)

 

$

247

 

 

$

(28,517

)

 

 

 

Thirty-Nine Weeks Ended May 25, 2019

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of August 25, 2018

 

$

(21,116

)

 

$

(4,135

)

 

$

92

 

 

$

(25,159

)

Other comprehensive (loss) income before reclassification

 

 

(3,513

)

 

 

 

 

 

277

 

 

 

(3,236

)

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

 

 

 

(122

)

 

 

(122

)

Net current period other comprehensive (loss) income

 

 

(3,513

)

 

 

 

 

 

155

 

 

 

(3,358

)

Balance as of May 25, 2019

 

$

(24,629

)

 

$

(4,135

)

 

$

247

 

 

$

(28,517

)

 

 

 

Thirteen Weeks Ended May 26, 2018

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)(2)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of February 24, 2018

 

$

(16,695

)

 

$

(6,669

)

 

$

(36

)

 

$

(23,400

)

Other comprehensive (loss) income before reclassification

 

 

(3,931

)

 

 

 

 

 

106

 

 

 

(3,825

)

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

 

 

 

(34

)

 

 

(34

)

Net current period other comprehensive (loss) income

 

 

(3,931

)

 

 

 

 

 

72

 

 

 

(3,859

)

Balance as of May 26, 2018

 

$

(20,626

)

 

$

(6,669

)

 

$

36

 

 

$

(27,259

)

 

 

 

Thirty-Nine Weeks Ended May 26, 2018

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)(2)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of August 26, 2017

 

$

(15,932

)

 

$

(5,477

)

 

$

(109

)

 

$

(21,518

)

Other comprehensive (loss) income  before reclassification

 

 

(4,694

)

 

 

 

 

 

165

 

 

 

(4,529

)

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

(1,192

)

 

 

(20

)

 

 

(1,212

)

Net current period other comprehensive (loss) income

 

 

(4,694

)

 

 

(1,192

)

 

 

145

 

 

 

(5,741

)

Balance as of May 26, 2018

 

$

(20,626

)

 

$

(6,669

)

 

$

36

 

 

$

(27,259

)

 

(1)

Amounts are shown net of tax.

(2)

Activity represents the impact of the adoption of ASU 2018-02, “Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income”.

Schedule of Amounts Reclassified from Accumulated Other Comprehensive Loss, Net of Tax

Amounts reclassified from accumulated other comprehensive loss, net of tax, for the thirteen and thirty-nine weeks ended May 25, 2019 and May 26, 2018 were as follows (in thousands):

 

 

 

Thirteen Weeks Ended

 

 

Thirty-Nine Weeks Ended

 

 

 

May 25,

2019

 

 

May 26,

2018

 

 

May 25,

2019

 

 

May 26,

2018

 

Pension benefit liabilities, net:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Tax effect reclass (a)

 

$

 

 

$

 

 

$

 

 

$

(1,192

)

Total, net of tax

 

 

 

 

 

 

 

 

 

 

 

(1,192

)

Derivative financial instruments, net:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forward contracts (b)

 

 

(46

)

 

 

(34

)

 

 

(122

)

 

 

(20

)

Total, net of tax

 

 

(46

)

 

 

(34

)

 

 

(122

)

 

 

(20

)

Total amounts reclassified, net of tax

 

$

(46

)

 

$

(34

)

 

$

(122

)

 

$

(1,212

)

 

(a)

Activity represents the impact of the adoption of ASU 2018-02, “Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income”.

(b)

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