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Other Comprehensive Income (Tables)
12 Months Ended
Jun. 03, 2014
Equity [Abstract]  
Reclassification out of Accumulated Other Comprehensive Income
The following table summarizes items reclassified out of accumulated other comprehensive income and the related tax effects for the components of net periodic pension cost:
 
Fiscal Year
 
2014
 
(in thousands)
Amortization of pretax amounts incl. in net periodic pension expense (1)
 
Included in Cost of Sales
$
794

Included in Administrative and Advertising Expense
48

Total reclassification (pretax) (1)
842

Tax benefit
(286
)
Total reclassification (net of tax)
$
556

(1) These amounts are included in the computation of net periodic pension expense as a net of the two components (See NOTE I - PENSION PLANS )as shown below:
 
Fiscal Year
 
2014
 
(in thousands)
Amortization of prior service (credit) cost
$
(8
)
Recognized net actuarial loss
850

Total reclassification (pretax)
$
842

Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes changes in accumulated other comprehensive loss (all of which is from Company sponsored pension plans), net of tax, for the fiscal year ended June 3, 2014:
 
Fiscal Year
Accumulated Other Comprehensive Loss
2014
 
(in thousands)
Balance in Accumulated Other Comprehensive Loss on May 28, 2013
 
 
$
4,324

AOCI - Pre-Tax Change in Underfunded Status
$
(5,680
)
 
 
AOCI - Tax Effected Change in Underfunded Status
2,085

 
 
AOCI - Change in Underfunded Status, net of tax
 
 
(3,595
)
 
 
 
 
Amount reclassified from AOCI (Pre-Tax)
(842
)
 
 
Tax effect
287

 
 
Amount reclassified from AOCI, net of tax
 
 
(555
)
 
 
 
 
Other Comprehensive Income for Fiscal Year 2014
 
 
(4,150
)
 
 
 
 
 
 
 
 
Balance in Accumulated Other Comprehensive Loss on June 3, 2014
 
 
$
174