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Note 5 - Accumulated Other Comprehensive Income (Loss)
 3 Months Ended
Feb. 27, 2016
Notes to Financial Statements  
Accumulated Other Comprehensive Income (Loss) Disclosure [Text Block]
Note 5: Accumulated Other Comprehensive Income (Loss)
 
The following table provides details of total comprehensive income (loss):
 
 
 
Quarter Ended February 27, 2016
 
  
Quarter Ended February 28, 2015
  
 
 
H.B. Fuller Stockholders
 
 
Non-
controlling
Interests
 
  
H.B. Fuller Stockholders
    
Non-
controlling
Interests
  
 
 
Pretax
 
 
Tax
 
 
Net
 
 
Net
 
  
Pretax
    
Tax
    
Net
    
Net
  
Net income including non-controlling interests
 
 
-
 
 
 
-
 
 
$
18,918
 
 
$
49
 
     -       -     $ 9,710     $ 85  
Foreign currency translation adjustment
¹
 
$
(945
)
 
 
-
 
 
 
(945
)
 
 
(5
)
   $ (33,279 )     -       (33,279 )     10  
Reclassification to earnings:
                                                                
Defined benefit pension
plans
adjustment
²
 
 
3,997
 
 
$
(1,332
)
 
 
2,665
 
 
 
-
 
     2,325     $ (798 )     1,527       -  
Interest rate swap
³
 
 
13
 
 
 
(3
)
 
 
10
 
 
 
-
 
     16       (6 )     10       -  
Cash-flow hedges
³
 
 
403
 
 
 
(154
)
 
 
249
 
 
 
-
 
     (31 )     6       (25 )     -  
Other comprehensive
income (loss)
 
$
3,468
 
 
$
(1,489
)
 
 
1,979
 
 
 
(5
)
   $ (30,969 )   $ (798 )     (31,767 )     10  
Comprehensive income (loss)
  
 
 
 
 
 
$
20,897
 
 
$
44
 
                   $ (22,057 )   $ 95  
 
¹
Income taxes are not provided for foreign currency translation relating to permanent investments in international subsidiaries.
 
²
Loss reclassified from accumulated other comprehensive income (AOCI) into earnings as part of net periodic cost related to pension and other postretirement benefit plans is reported in cost of sales, selling, general and administrative (SG&A) and special charges, net.
³
Loss reclassified from AOCI into earnings is reported in other income (expense), net.
 
The components of accumulated other comprehensive loss is as follows:
 
 
 
February 27, 2016
 
 
 
Total
 
 
H.B. Fuller
Stockholders
 
 
Non-
controlling
Interests
 
Foreign currency translation adjustment
 
$
(52,542
)
 
$
(52,499
)
 
$
(43
)
Defined benefit pension plans adjustment, net of taxes
of $60,593
 
 
(171,735
)
 
 
(171,735
)
 
 
-
 
Interest rate swap, net of taxes of $2
 
 
(3
)
 
 
(3
)
 
 
-
 
Cash-flow hedges, net of taxes of $657
 
 
(1,068
)
 
 
(1,068
)
 
 
-
 
Accumulated other comprehensive income (loss)
 
$
(225,348
)
 
$
(225,305
)
 
$
(43
)
 
 
 
November 28, 2015
 
 
 
Total
 
 
H.B. Fuller
Stockholders
 
 
Non-
controlling
Interests
 
                         
Foreign currency translation adjustment
   $ (51,592 )   $ (51,554 )   $ (38 )
Defined benefit pension plans adjustment, net of taxes
of $93,012
     (174,400 )     (174,400 )     -  
Interest rate swap, net of taxes of $5
     (13 )     (13 )     -  
Cash-flow hedges, net of taxes of $811
     (1,317 )     (1,317 )     -  
Accumulated other comprehensive (loss) income
   $ (227,322 )   $ (227,284 )   $ (38 )