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COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS
9 Months Ended
Apr. 27, 2019
Equity [Abstract]  
COMPREHENSIVE (LOSS) INCOME AND ACCUMULATED OTHER COMPREHENSIVE LOSS
  COMPREHENSIVE INCOME (LOSS) AND ACCUMULATED OTHER COMPREHENSIVE LOSS

Comprehensive income (loss) is reported in the Condensed Consolidated Statements of Comprehensive Income. Comprehensive income includes all changes in stockholders’ equity during the reporting period, other than those resulting from investments by and distributions to stockholders. Our comprehensive income is calculated as net earnings (loss) including noncontrolling interests, plus or minus adjustments for foreign currency translation, and changes in the fair value of cash flow hedges, net of tax, less comprehensive income attributable to noncontrolling interests.

Accumulated other comprehensive loss represents the cumulative balance of other comprehensive (loss) income, net of tax, as of the end of the reporting period and relates to foreign current translation adjustments, net of tax, and unrealized gains or losses on cash flow hedges, net of tax.

Changes in Accumulated other comprehensive loss by component for 39-week period ended April 27, 2019 are as follows:
(in thousands)
Foreign Currency
 
Swap Agreements
 
Total
Accumulated other comprehensive (loss) income at July 28, 2018, net of tax
$
(19,053
)
 
$
4,874

 
$
(14,179
)
Other comprehensive loss before reclassifications
(2,308
)
 
(26,545
)
 
(28,853
)
Amortization of cash flow hedge

 
(353
)
 
(353
)
Net current period Other comprehensive loss
(2,308
)
 
(26,898
)
 
(29,206
)
Accumulated other comprehensive loss at April 27, 2019, net of tax
$
(21,361
)
 
$
(22,024
)
 
$
(43,385
)

Changes in Accumulated other comprehensive loss by component for 39-week period ended April 28, 2018 are as follows:
(in thousands)
Foreign Currency
 
Swap Agreements
 
Total
Accumulated other comprehensive (loss) income at July 27, 2017, net of tax
$
(15,262
)
 
$
1,299

 
(13,963
)
Other comprehensive (loss) income before reclassifications
(2,320
)
 
3,918

 
1,598

Amortization of cash flow hedge

 
(269
)
 
(269
)
Net current period Other comprehensive (loss) income
(2,320
)
 
3,649

 
1,329

Accumulated other comprehensive (loss) income at April 28, 2018, net of tax
$
(17,582
)
 
$
4,948

 
$
(12,634
)


Items reclassified out of Accumulated other comprehensive loss had the following impact on the Condensed Consolidated Statements of Income:
 
13-Week Period Ended
 
39-Week Period Ended
 
Affected Line Item on the Condensed Consolidated Statements of Income
(in thousands)
April 27,
2019
 
April 28,
2018
 
April 27,
2019
 
April 28,
2018
 
Swap agreements:
 
 
 
 
 
 
 
 
 
Reclassification of cash flow hedge
$
15

 
$
287

 
$
458

 
$
338

 
Interest expense, net
Income tax (benefit) expense
(5
)
 
96

 
105

 
69

 
(Benefit) provision for income taxes
Total reclassifications, net of tax
$
20

 
$
191

 
$
353

 
$
269