ACCUMULATED OTHER COMPREHENSIVE INCOME/(LOSS)

Changes in accumulated other comprehensive income by component are presented below:



	Foreign Currency Translation		Defined Benefit Pension Plan			Unrealized investment gains/(losses)			Unrealized gains/(losses) on derivatives			Accumulated other comprehensive income/(loss)
Balance at July 31, 2013	$	84,598	$	(125,211	)	$	2,123		$	(2,302	)	$	(40,792	)
Other comprehensive income/(loss) before reclassifications	21,289		—			(450		)	4,817			25,656
Amounts reclassified from accumulated other comprehensive income (loss)	—		4,330			76			764			5,170
Foreign exchange adjustments and other	—		(4,995		)	—			—			(4,995		)
Balance at January 31, 2014	$	105,887	$	(125,876	)	$	1,749		$	3,279		$	(14,961	)

Reclassifications out of accumulated other comprehensive income are presented below:



	Three Months Ended			Six Months Ended			Affected line item in the Condensed Consolidated Statement of Earnings
	Jan 31, 2014			Jan 31, 2014
Defined Benefit Pension Plan
Amortization of prior service cost	$	(385	)	$	(769	)	Note (a)
Recognized actuarial gain/(loss)	(2,770		)	(5,500		)	Note (a)
Total before tax	(3,155		)	(6,269		)
Tax benefit	974			1,939
Net of tax	$	(2,181	)	$	(4,330	)

Unrealized investment gains/(losses)
Realized investment gain/(losses)	$	(62	)	$	(119	)	Selling, general and administrative
Tax (expense)/benefit	23			43
Net of tax	$	(39	)	$	(76	)

Unrealized gains/(losses) on derivatives
Foreign exchange forward contracts	$	113		$	112		Sales
Foreign exchange forward contracts	(46		)	(866		)	Cost of sales
Total before tax	67			(754		)
Tax benefit	(24		)	(10		)
Net of tax	$	43		$	(764	)


(a)	These accumulated other comprehensive income components are included in the computation of net periodic pension cost (see Note 8, Components of Net Periodic Pension Cost, for additional details).