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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
May 30, 2020
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 30, 2020 and May 25, 2019 were as follows (in thousands):

 

 

 

Thirteen Weeks Ended May 30, 2020

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Beginning balance as of February 29, 2020

 

$

(24,420

)

 

$

(8,889

)

 

$

208

 

 

$

(33,101

)

Other comprehensive income (loss) before reclassification

 

 

(3,835

)

 

 

 

 

 

79

 

 

 

(3,756

)

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

 

 

 

(47

)

 

 

(47

)

Net current period other comprehensive (loss) income

 

 

(3,835

)

 

 

 

 

 

32

 

 

 

(3,803

)

Ending balance as of May 30, 2020

 

$

(28,255

)

 

$

(8,889

)

 

$

240

 

 

$

(36,904

)

 

 

 

Thirty-nine weeks ended May 30, 2020

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of August 31, 2019

 

$

(24,640

)

 

$

(9,239

)

 

$

191

 

 

$

(33,688

)

Other comprehensive (loss) income before reclassification

 

 

(3,615

)

 

 

 

 

 

156

 

 

 

(3,459

)

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

350

 

 

 

(107

)

 

 

243

 

Net current period other comprehensive (loss) income

 

 

(3,615

)

 

 

350

 

 

 

49

 

 

 

(3,216

)

Ending balance as of May 30, 2020

 

$

(28,255

)

 

$

(8,889

)

 

$

240

 

 

$

(36,904

)

 

 

 

Thirteen Weeks Ended May 25, 2019

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Beginning balance as of February 23, 2019

 

$

(21,980

)

 

$

(4,135

)

 

$

109

 

 

$

(26,006

)

Other comprehensive (loss) income 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

)

Ending 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

)

Ending balance as of May 25, 2019

 

$

(24,629

)

 

$

(4,135

)

 

$

247

 

 

$

(28,517

)

 

(1)

Amounts are shown net of tax.  

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

Amounts reclassified from accumulated other comprehensive loss, net of tax, for the thirty-nine weeks ended May 30, 2020 and May 25, 2019 were as follows (in thousands):

 

 

 

Thirteen weeks ended

 

 

Thirty-nine weeks ended

 

 

 

May 30, 2020

 

 

May 25, 2019

 

 

May 30, 2020

 

 

May 25, 2019

 

Pension benefit liabilities (net):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification to income statement (a)

 

$

 

 

$

 

 

$

350

 

 

$

 

Total, net of tax

 

$

 

 

 

 

 

$

350

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments, net:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forward contracts (b)

 

 

(47

)

 

 

(46

)

 

 

(107

)

 

 

(122

)

Total, net of tax

 

 

(47

)

 

 

(46

)

 

 

(107

)

 

 

(122

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total amounts reclassified, net of tax

 

$

(47

)

 

$

(46

)

 

$

243

 

 

$

(122

)

 

(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.