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Amounts Reclassified Out of Accumulated Other Comprehensive Income
6 Months Ended
Mar. 27, 2021
Accumulated Other Comprehensive Income Loss Net Of Tax [Abstract]  
Amounts Reclassified Out of Accumulated Other Comprehensive Income

16.

Amounts Reclassified Out of Accumulated Other Comprehensive Income

The following table summarizes amounts reclassified out of accumulated other comprehensive income (loss) for the three and six months ended March 27, 2021 and March 28, 2020:

 

 

 

Three Months Ended

 

 

Six Months Ended

 

 

 

March 27,

 

 

March 28,

 

 

March 27,

 

 

March 28,

 

 

 

2021

 

 

2020

 

 

2021

 

 

2020

 

Pension Benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

 

$

(31,388

)

 

$

(32,871

)

 

$

(32,286

)

 

$

(33,733

)

Reclassifications to earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Recognition of net actuarial loss for pension settlement (1)

 

 

570

 

 

 

 

 

 

570

 

 

 

 

Amortization of net loss (1)

 

 

898

 

 

 

862

 

 

 

1,796

 

 

 

1,724

 

Other comprehensive income

 

 

1,468

 

 

 

862

 

 

 

2,366

 

 

 

1,724

 

Balance, end of period

 

$

(29,920

)

 

$

(32,009

)

 

$

(29,920

)

 

$

(32,009

)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Postretirement Benefits

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

 

$

6,205

 

 

$

7,226

 

 

$

6,510

 

 

$

7,547

 

Reclassifications to earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   Amortization of net gain and prior service credits (1)

 

 

(305

)

 

 

(321

)

 

 

(610

)

 

 

(642

)

Other comprehensive loss

 

 

(305

)

 

 

(321

)

 

 

(610

)

 

 

(642

)

Balance, end of period

 

$

5,900

 

 

$

6,905

 

 

$

5,900

 

 

$

6,905

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Other Comprehensive Income (Loss)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance, beginning of period

 

$

(25,183

)

 

$

(25,645

)

 

$

(25,776

)

 

$

(26,186

)

Reclassifications to earnings

 

 

593

 

 

 

541

 

 

 

1,186

 

 

 

1,082

 

Recognition of net actuarial loss for pension settlement

 

 

570

 

 

 

-

 

 

 

570

 

 

 

-

 

Other comprehensive income

 

 

1,163

 

 

 

541

 

 

 

1,756

 

 

 

1,082

 

Balance, end of period

 

$

(24,020

)

 

$

(25,104

)

 

$

(24,020

)

 

$

(25,104

)

 

(1)

These amounts are included in the computation of net periodic benefit cost.  See Note 15, “Pension Plans and Other Postretirement Benefits.”