Comprehensive Income (Loss)

9 Months Ended

Jun. 30, 2013

Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]

Comprehensive Income (Loss)

COMPREHENSIVE INCOME (LOSS)

Comprehensive income (loss) includes foreign currency translation gains and losses on assets and liabilities of foreign subsidiaries, effects of exchange rate changes on intercompany balances of a long-term nature and transactions designated as a hedge of a net investment in a foreign subsidiary, deferred gains and losses on derivative financial instruments designated as cash flow hedges and amortization of deferred gains and losses associated with the Company’s pension plans. The foreign currency translation gains and losses for the three and nine month periods ended June 30, 2013 and July 1, 2012 were primarily attributable to the impact of translation of the net assets of the Company’s European and Latin American operations, which primarily have functional currencies in Euros, Pounds Sterling and Brazilian Real.

For information pertaining to the reclassification of unrealized gains and losses on derivative instruments, see Note 8, “Derivative Financial Instruments.”

The components of Other comprehensive income (loss), net of tax, for the three and nine month periods ended June 30, 2013 and July 1, 2012 are as follows:

	Three Months Ended						Nine Months Ended
	2013			2012			2013			2012
Foreign Currency Translation Adjustments:
Gross change before reclassification adjustment	$	(7,830	)	$	(34,148	)	$	(25,385	)	$	(30,538	)
Net reclassification adjustment for (gains) losses included in earnings	—			—			—			—
Gross change after reclassification adjustment	(7,830		)	(34,148		)	(25,385		)	(30,538		)
Deferred tax effect	—			—			—			—
Deferred tax valuation allowance	—			—			—			—
Other Comprehensive Loss	$	(7,830	)	$	(34,148	)	$	(25,385	)	$	(30,538	)
Unrealized Gains (Losses) on Derivative Instruments:
Gross change before reclassification adjustment	$	3,193		$	3,210		$	4,595		$	391
Net reclassification adjustment for (gains) losses included in earnings	(507		)	(309		)	(80		)	3,214
Gross change after reclassification adjustment	2,686			2,901			4,515			3,605
Deferred tax effect	(450		)	(1,891		)	(1,566		)	(1,478		)
Deferred tax valuation allowance	(456		)	465			(91		)	243
Other Comprehensive Income	$	1,780		$	1,475		$	2,858		$	2,370
Defined Benefit Pension Plans:
Gross change before reclassification adjustment	$	(575	)	$	217		$	(2,164	)	$	539
Net reclassification adjustment for losses included in Cost of goods sold	326			152			979			320
Net reclassification adjustment for losses included in Selling expenses	41			19			122			40
Net reclassification adjustment for losses included in General and administrative expenses	152			71			456			148
Gross change after reclassification adjustment	(56		)	459			(607		)	1,047
Deferred tax effect	(38		)	(37		)	205			(94		)
Deferred tax valuation allowance	42			—			54			(29		)
Other Comprehensive (Loss) Income	$	(52	)	$	422		$	(348	)	$	924
Total Other Comprehensive Loss, net of tax	$	(6,102	)	$	(32,251	)	$	(22,875	)	$	(27,244	)