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Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Jul. 31, 2014
Accumulated Other Comprehensive Loss [Abstract]  
Schedule Of Changes In Accumulated Other Comprehensive Loss

(Thousands of dollars)

 

Foreign currency translation adjustment (a)

 

 

Pension benefits

 

 

Derivative financial instruments

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

Balance as of July 31, 2013, net of tax

$

50,411 

 

$

(87,712)

 

$

(172)

 

$

(37,473)

Other comprehensive (loss) income before reclassifications and tax

 

(2,949)

 

 

(16,120)

 

 

413 

 

 

(18,656)

Tax benefit (expense)

 

 -

 

 

4,391 

 

 

(145)

 

 

4,246 

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

 

$           (2,949)

 

 

$       (11,729)

 

 

$              268

 

 

(14,410)

Reclassifications, before tax

 

827 

 

 

8,514 

 

 

(273)

 

 

9,068 

Tax benefit (expense)

 

 -

 

 

(3,071)

 

 

76 

 

 

(2,995)

Reclassifications, net of tax

 

827 

 

 

5,443 

(b)

 

(197)

 

 

6,073 

Other comprehensive (loss) income, net of tax

 

(2,122)

 

 

(6,286)

 

 

71 

(c)

 

(8,337)

Balance as of July 31, 2014, net of tax

$

48,289 

 

$

(93,998)

 

$

(101)

 

$

(45,810)

 

(a) Taxes are not provided on cumulative translation adjustments as substantially all translation adjustments relate to earnings that are intended to be indefinitely reinvested outside the U.S.  Amounts were reclassified from accumulated other comprehensive loss to other income, net.

(b) Primarily includes net amortization of prior service costs and actuarial losses included in net periodic benefit cost (see Note F) that were reclassified from accumulated other comprehensive loss to operating expenses or cost of sales.

(c) Relates to foreign currency cash flow hedges that were reclassified from accumulated other comprehensive loss to other income, net (see Note E).