Accumulated Other Comprehensive Loss

6 Months Ended

Feb. 26, 2022

15. Accumulated Other Comprehensive Loss

The changes in each component of accumulated other comprehensive loss, net of tax, for the thirteen and twenty-six weeks ended February 26, 2022 and February 27, 2021 were as follows (in thousands):

	Thirteen weeks ended February 26, 2022
	Foreign Currency Translation			Pension- related (1)			Derivative Financial Instruments (1)			Total Accumulated Other Comprehensive Loss
Balance as of November 27, 2021	$	(20,600	)	$	(7,066	)	$	78		$	(27,588	)
Other comprehensive income (loss) before reclassification		1,149			—			(40	)		1,109
Amounts reclassified from accumulated other comprehensive loss		—			—			(15	)		(15	)
Net current period other comprehensive (loss) income		1,149			—			(55	)		1,094
Balance as of February 26, 2022	$	(19,451	)	$	(7,066	)	$	23		$	(26,494	)

	Twenty-six weeks ended February 26, 2022
	Foreign Currency Translation			Pension- related (1)			Derivative Financial Instruments (1)			Total Accumulated Other Comprehensive Loss
Balance as of August 28, 2021	$	(17,801	)	$	(7,066	)	$	31		$	(24,836	)
Other comprehensive income (loss) before reclassification		(1,650	)		—			45			(1,605	)
Amounts reclassified from accumulated other comprehensive loss		—			—			(53	)		(53	)
Net current period other comprehensive (loss) income		(1,650	)		—			(8	)		(1,658	)
Balance as of February 26, 2022	$	(19,451	)	$	(7,066	)	$	23		$	(26,494	)

	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 (loss) income before reclassification		2,244			—			(58	)		2,186
Amounts reclassified from accumulated other comprehensive loss		—			—			2			2
Net current period other comprehensive (loss) income		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 (loss) income		3,554			—			(77	)		3,477
Balance as of February 27, 2021	$	(18,455	)	$	(10,026	)	$	(12	)	$	(28,493	)

(1)

Amounts are shown net of tax

Amounts reclassified from accumulated other comprehensive loss, net of tax, for the thirteen and twenty-six weeks ended February 26, 2022 and February 27, 2021 were as follows (in thousands):

	Thirteen weeks ended					Twenty-six weeks ended
	February 26, 2022			February 27, 2021		February 26, 2022			February 27, 2021
Derivative financial instruments, net:
Forward contracts (b)	$	(15	)	$	2	$	(53	)	$	(9	)
Total, net of tax		(15	)		2		(53	)		(9	)

Total amounts reclassified, net of tax	$	(15	)	$	2	$	(53	)	$	(9	)

(a)

Amounts included in selling and administrative expenses in the consolidated statements of income.

(b)

Amounts included in revenues in the accompanying consolidated statements of income.