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Accumulated other comprehensive income
12 Months Ended
Apr. 02, 2022
Accumulated other comprehensive income  
Accumulated other comprehensive income

10. Accumulated other comprehensive income

Accumulated other comprehensive income (“AOCI”) consists of changes in our foreign currency hedge contracts, pension liability adjustment, and foreign currency translation. The components of AOCI, net of tax, were as follows for fiscal 2019, 2020 and 2021:

Foreign

currency

Pension

Foreign

hedge

liability

currency

    

instruments

    

adjustment

    

translation

    

Total

Balance at March 30, 2019

$

(967)

$

(1,833)

$

(23,332)

$

(26,132)

Other comprehensive loss before reclassifications, net of tax

 

(6,081)

(835)

(4,789)

(11,705)

Amounts reclassified to earnings, net of tax

 

1,485

57

1,542

Net current period other comprehensive loss

 

(4,596)

 

(778)

 

(4,789)

 

(10,163)

Balance at March 28, 2020

$

(5,563)

$

(2,611)

$

(28,121)

$

(36,295)

Other comprehensive income before reclassifications, net of tax

 

8,458

86

8,359

16,903

Amounts reclassified to earnings, net of tax

 

279

110

389

Net current period other comprehensive income

8,737

 

196

 

8,359

 

17,292

Balance at April 3, 2021

$

3,174

$

(2,415)

$

(19,762)

$

(19,003)

Other comprehensive (loss) income before reclassifications, net of tax

(777)

414

(5,824)

(6,187)

Amounts reclassified to earnings, net of tax

(2,346)

92

(2,254)

Net current period other comprehensive (loss) income

 

(3,123)

 

506

 

(5,824)

 

(8,441)

Balance at April 2, 2022

$

51

$

(1,909)

$

(25,586)

$

(27,444)

The unrecognized net actuarial loss included in accumulated other comprehensive income as of April 2, 2022 and April 3, 2021 was $1,909 and $2,415, respectively. Amounts reclassified from AOCI to earnings for the pension liability adjustment category are generally included in cost of sales and selling, general and administrative expenses in the Company’s consolidated statements of operations. For a description of the Company’s employee benefit plans, refer to Note 7. Amounts reclassified from AOCI to earnings for the foreign currency hedge instruments category are generally included in cost of sales in the Company’s consolidated statements of operations. For a description of the Company’s use of foreign currency forward contracts, refer to Note 11.