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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Feb. 27, 2021
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 twenty-six weeks ended February 27, 2021 and February 29, 2020 were as follows (in thousands):

 

 

 

Thirteen weeks ended February 27, 2021

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of November 28, 2020

 

$

(20,699

)

 

$

(10,026

)

 

$

44

 

 

$

(30,681

)

Other comprehensive income (loss) before reclassification

 

 

2,244

 

 

 

 

 

 

(58

)

 

 

2,186

 

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

 

 

 

2

 

 

 

2

 

Net current period other comprehensive income (loss)

 

 

2,244

 

 

 

 

 

 

(56

)

 

 

2,188

 

Balance as of February 27, 2021

 

$

(18,455

)

 

$

(10,026

)

 

$

(12

)

 

$

(28,493

)

 

 

 

Twenty-six weeks ended February 27, 2021

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of August 29, 2020

 

$

(22,009

)

 

$

(10,026

)

 

$

65

 

 

$

(31,970

)

Other comprehensive income (loss) before reclassification

 

 

3,554

 

 

 

 

 

 

(68

)

 

 

3,486

 

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

 

 

 

(9

)

 

 

(9

)

Net current period other comprehensive income (loss)

 

 

3,554

 

 

 

 

 

 

(77

)

 

 

3,477

 

Balance as of February 27, 2021

 

$

(18,455

)

 

$

(10,026

)

 

$

(12

)

 

$

(28,493

)

 

 

 

Thirteen weeks ended February 29, 2020

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of November 30, 2019

 

$

(23,651

)

 

$

(9,239

)

 

$

186

 

 

$

(32,704

)

Other comprehensive income (loss) before reclassification

 

 

(769

)

 

 

 

 

 

52

 

 

 

(717

)

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

350

 

 

 

(30

)

 

 

320

 

Net current period other comprehensive income (loss)

 

 

(769

)

 

 

350

 

 

 

22

 

 

 

(397

)

Balance as of February 29, 2020

 

$

(24,420

)

 

$

(8,889

)

 

$

208

 

 

$

(33,101

)

 

 

 

 

Twenty-six weeks ended February 29, 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 income before reclassification

 

 

220

 

 

 

 

 

 

77

 

 

 

297

 

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

350

 

 

 

(60

)

 

 

290

 

Net current period other comprehensive income

 

 

220

 

 

 

350

 

 

 

17

 

 

 

587

 

Balance as of February 29, 2020

 

$

(24,420

)

 

$

(8,889

)

 

$

208

 

 

$

(33,101

)

 

(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 thirteen and twenty-six weeks ended February 27, 2021 and February 29, 2020 were as follows (in thousands):

 

 

 

Thirteen weeks ended

 

 

Twenty-six weeks ended

 

 

 

February 27, 2021

 

 

February 29, 2020

 

 

February 27, 2021

 

 

February 29, 2020

 

Pension benefit liabilities (net):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification to income statement (a)

 

$

 

 

$

350

 

 

$

 

 

$

350

 

Total, net of tax

 

 

 

 

 

350

 

 

 

 

 

 

350

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments, net:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forward contracts (b)

 

 

2

 

 

 

(30

)

 

 

(9

)

 

 

(60

)

Total, net of tax

 

 

2

 

 

 

(30

)

 

 

(9

)

 

 

(60

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total amounts reclassified, net of tax

 

$

2

 

 

$

320

 

 

$

(9

)

 

$

290

 

 

 

(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.