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Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
May 29, 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 thirty-nine weeks ended May 29, 2021 and May 30, 2020 were as follows (in thousands):

 

 

 

Thirteen weeks ended May 29, 2021

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of February 27, 2021

 

$

(18,455

)

 

$

(10,026

)

 

$

(12

)

 

$

(28,493

)

Other comprehensive income (loss) before reclassification

 

 

6,099

 

 

 

 

 

 

(91

)

 

 

6,008

 

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

 

 

 

39

 

 

 

39

 

Net current period other comprehensive (loss) income

 

 

6,099

 

 

 

 

 

 

(52

)

 

 

6,047

 

Balance as of May 29, 2021

 

$

(12,356

)

 

$

(10,026

)

 

$

(64

)

 

$

(22,446

)

 

 

 

 

Thirty-nine weeks ended May 29, 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

 

 

9,653

 

 

 

 

 

 

(158

)

 

 

9,495

 

Amounts reclassified from accumulated other

   comprehensive loss

 

 

 

 

 

 

 

 

29

 

 

 

29

 

Net current period other comprehensive (loss) income

 

 

9,653

 

 

 

 

 

 

(129

)

 

 

9,524

 

Balance as of May 29, 2021

 

$

(12,356

)

 

$

(10,026

)

 

$

(64

)

 

$

(22,446

)

 

 

 

Thirteen weeks ended May 30, 2020

 

 

 

Foreign

Currency

Translation

 

 

Pension-

related (1)

 

 

Derivative

Financial

Instruments (1)

 

 

Total

Accumulated

Other

Comprehensive

Loss

 

Balance as of February 29, 2020

 

$

(24,420

)

 

$

(8,889

)

 

$

208

 

 

$

(33,101

)

Other comprehensive (loss) income 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

)

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 income (loss) 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

)

Balance as of May 30, 2020

 

$

(28,255

)

 

$

(8,889

)

 

$

240

 

 

$

(36,904

)

 

(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 thirty-nine weeks ended May 29, 2021 and May 30, 2020 were as follows (in thousands):

 

 

 

Thirteen weeks ended

 

 

Thirty-nine weeks ended

 

 

 

May 29, 2021

 

 

May 30, 2020

 

 

May 29, 2021

 

 

May 30, 2020

 

Pension benefit liabilities (net):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Reclassification to income statement (a)

 

$

 

 

$

 

 

$

 

 

$

350

 

Total, net of tax

 

 

 

 

 

 

 

 

 

 

 

350

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Derivative financial instruments, net:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Forward contracts (b)

 

 

39

 

 

 

(47

)

 

 

29

 

 

 

(107

)

Total, net of tax

 

 

39

 

 

 

(47

)

 

 

29

 

 

 

(107

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total amounts reclassified, net of tax

 

$

39

 

 

$

(47

)

 

$

29

 

 

$

243

 

 

 

 

(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.