NOTE C — Other Comprehensive Loss

Other comprehensive loss consists of foreign currency translation adjustments, unrealized gains and losses from cash flow hedges and net investment hedges, and the unamortized gain on post-retirement plans, net of their related tax effects.

The following table illustrates the changes in the balances of each component of accumulated other comprehensive loss, net of tax, for the nine months ended April 30, 2018:



	Unrealized gain on cash flow hedges			Unamortized gain on post-retirement plans			Foreign currency translation adjustments			Accumulated other comprehensive loss
Beginning balance, July 31, 2017	$	109		$	2,620		$	(47,411	)	$	(44,682	)
Other comprehensive (loss) income before reclassification	(124		)	414			(3,630		)	(3,340		)
Amounts reclassified from accumulated other comprehensive loss	310			(434		)	—			(124		)
Ending balance, April 30, 2018	$	295		$	2,600		$	(51,041	)	$	(48,146	)

The increase in accumulated other comprehensive loss as of April 30, 2018, compared to July 31, 2017, was primarily due to the appreciation of the U.S. dollar against certain other currencies during the nine-month period. The foreign currency translation adjustments column in the table above includes the impact of foreign currency translation, including foreign currency translation on intercompany notes and net investment hedges, net of tax. Of the total $124 in amounts reclassified from accumulated other comprehensive loss, the $310 loss on cash flow hedges was reclassified into cost of products sold, and the $434 gain on post-retirement plans was reclassified into selling, general and administrative expenses ("SG&A") on the condensed consolidated statement of earnings for the nine months ended April 30, 2018.

The changes in accumulated other comprehensive loss by component, net of tax, for the nine months ended April 30, 2017, were as follows:



	Unrealized (loss) gain on cash flow hedges			Unamortized gain on post-retirement plans			Foreign currency translation adjustments			Accumulated other comprehensive loss
Beginning balance, July 31, 2016	$	(857	)	$	2,236		$	(56,124	)	$	(54,745	)
Other comprehensive income (loss) before reclassification	563			72			(9,144		)	(8,509		)
Amounts reclassified from accumulated other comprehensive loss	323			(408		)	—			(85		)
Ending balance, April 30, 2017	$	29		$	1,900		$	(65,268	)	$	(63,339	)

The increase in accumulated other comprehensive loss as of April 30, 2017, compared to July 31, 2016, was primarily due to the appreciation of the U.S. dollar against certain other currencies during the nine-month period. The foreign currency translation adjustments column in the table above includes the impact of foreign currency translation, including foreign currency translation on intercompany notes and net investment hedges, net of tax. Of the total $85 in amounts reclassified from accumulated other comprehensive loss, the $323 loss on cash flow hedges was reclassified into cost of products sold, and the $408 gain on post-retirement plans was reclassified into SG&A on the condensed consolidated statement of earnings for the nine months ended April 30, 2017.

The following table illustrates the income tax (expense) benefit on the components of other comprehensive (loss) income for the three and nine months ended April 30, 2018 and 2017:



	Three months ended April 30,						Nine months ended April 30,
	2018			2017			2018			2017
Income tax (expense) benefit related to items of other comprehensive loss (income):
Net investment hedge translation adjustments	$	(306	)	$	752		$	388		$	(1,373	)
Cash flow hedges	(262		)	90			(379		)	(46		)
Pension and other post-retirement benefits	—			—			(178		)	—
Other income tax adjustments and currency translation	(412		)	(21		)	(469		)	39
Income tax (expense) benefit related to items of other comprehensive (loss) income	$	(980	)	$	821		$	(638	)	$	(1,380	)