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Accumulated Other Comprehensive Loss
3 Months Ended
Sep. 29, 2024
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Accumulated Other Comprehensive Loss

NOTE 21. ACCUMULATED OTER COMPREHENSIVE LOSS

The following tables summarize the changes in accumulated other comprehensive loss (“AOCL”) for each period presented (in thousands):

 

 

Three Months Ended September 29, 2024

 

 

Foreign
Currency
Translation
Adjustments

 

 

Retirement
and
Postretirement
Benefit Plans

 

 

Total

 

Balance, June 30, 2024

$

14,716

 

 

$

973

 

 

$

15,689

 

Other comprehensive loss before reclassifications

 

2,760

 

 

 

(283

)

 

 

2,477

 

Income tax

 

 

 

 

63

 

 

 

63

 

Net other comprehensive loss before reclassifications

 

2,760

 

 

 

(220

)

 

 

2,540

 

Reclassifications:

 

 

 

 

 

 

 

 

Unrecognized net loss (A)

 

 

 

 

(46

)

 

 

(46

)

Income tax

 

 

 

 

10

 

 

 

10

 

Net reclassifications

 

 

 

 

(36

)

 

 

(36

)

Other comprehensive loss

 

2,760

 

 

 

(256

)

 

 

2,504

 

Other comprehensive loss attributable to non-
   controlling interest

 

1,089

 

 

 

 

 

 

1,089

 

Balance, September 29, 2024

$

16,387

 

 

$

717

 

 

$

17,104

 

 

 

Three Months Ended October 1, 2023

 

 

Foreign
Currency
Translation
Adjustments

 

 

Retirement
and
Postretirement
Benefit Plans

 

 

Total

 

Balance, July 2, 2023

$

13,028

 

 

$

1,166

 

 

$

14,194

 

Other comprehensive loss before reclassifications

 

649

 

 

 

 

 

 

649

 

Net other comprehensive loss before reclassifications

 

649

 

 

 

 

 

 

649

 

Reclassifications:

 

 

 

 

 

 

 

 

Unrecognized net loss (A)

 

 

 

 

(60

)

 

 

(60

)

Income tax

 

 

 

 

14

 

 

 

14

 

Net reclassifications

 

 

 

 

(46

)

 

 

(46

)

Other comprehensive loss

 

649

 

 

 

(46

)

 

 

603

 

Other comprehensive loss attributable to non-
   controlling interest

 

270

 

 

 

 

 

 

270

 

Balance, October 1, 2023

$

13,407

 

 

$

1,120

 

 

$

14,527

 

 

(A) Amounts reclassified are included in the computation of net periodic benefit cost, which is included in Other Income, net in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income. See Pension and Postretirement Benefits note to these Notes to Condensed Consolidated Financial Statements above.