Note 10: Accumulated Other Comprehensive Loss

The activity in accumulated other comprehensive loss for the quarter ended October 27, 2018, and October 28, 2017, is as follows:


							Net pension
			Change in		Unrealized		amortization		Accumulated
			fair value		gain on		and net		other
	Translation		of cash		marketable		actuarial		comprehensive
(Unaudited, amounts in thousands)	adjustment		flow hedge		securities		loss		loss
Balance at July 28, 2018	$	(573)	$	(179)	$	(220)	$	(28,601)	$	(29,573)
Changes before reclassifications		549		140		30		—		719
Amounts reclassified to net income		—		65		—		686		751
Tax effect		—		(50)		(7)		(169)		(226)
Other comprehensive income attributable to La-Z- Boy Incorporated		549		155		23		517		1,244
Balance at October 27, 2018	$	(24)	$	(24)	$	(197)	$	(28,084)	$	(28,329)


							Net pension
			Change in		Unrealized		amortization		Accumulated
			fair value		gain on		and net		other
	Translation		of cash		marketable		actuarial		comprehensive
(Unaudited, amounts in thousands)	adjustment		flow hedge		securities		loss		loss
Balance at July 29, 2017	$	984	$	552	$	1,481	$	(33,265)	$	(30,248)
Changes before reclassifications		(247)		(1,094)		344		—		(997)
Amounts reclassified to net income		—		(103)		(8)		836		725
Tax effect		—		456		(128)		(319)		9
Other comprehensive income (loss) attributable to La-Z- Boy Incorporated		(247)		(741)		208		517		(263)
Balance at October 28, 2017	$	737	$	(189)	$	1,689	$	(32,748)	$	(30,511)

The activity in accumulated other comprehensive loss for the six months ended October 27, 2018, and October 28, 2017, is as follows:


					Unrealized
			Change in		gain (loss)		Net pension		Accumulated
			fair value		on		amortization		other
	Translation		of cash		marketable		and net		comprehensive
(Unaudited, amounts in thousands)	adjustment		flow hedge		securities		actuarial loss		loss
Balance at April 28, 2018	$	2,388	$	154	$	1,376	$	(29,117)	$	(25,199)
Changes before reclassifications		(2,412)		(369)		103		—		(2,678)
Cumulative effect adjustment for investments (1)		—		—		(1,637)		—		(1,637)
Amounts reclassified to net income		—		132		(19)		1,372		1,485
Tax effect		—		59		(20)		(339)		(300)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		(2,412)		(178)		(1,573)		1,033		(3,130)
Balance at October 27, 2018	$	(24)	$	(24)	$	(197)	$	(28,084)	$	(28,329)

(1) The cumulative effect adjustment for investments is composed of $2.1 million of unrealized gains on equity investments offset by $0.5 million of tax expense. We reclassified the net $1.6 million of cumulative effect adjustment from accumulated other comprehensive loss to retained earnings as a result of adopting Accounting Standards Update 2016-01 (see Note 1 for further information).


							Net pension
			Change in		Unrealized		amortization		Accumulated
			fair value		gain on		and net		other
	Translation		of cash		marketable		actuarial		comprehensive
(Unaudited, amounts in thousands)	adjustment		flow hedge		securities		loss		loss
Balance at April 29, 2017	$	(927)	$	74	$	1,752	$	(33,782)	$	(32,883)
Changes before reclassifications		1,664		(239)		738		—		2,163
Amounts reclassified to net income		—		(186)		(840)		1,671		645
Tax effect		—		162		39		(637)		(436)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		1,664		(263)		(63)		1,034		2,372
Balance at October 28, 2017	$	737	$	(189)	$	1,689	$	(32,748)	$	(30,511)

We reclassified the unrealized gain/(loss) on marketable securities from accumulated other comprehensive loss to net income through other income (expense), net in our consolidated statement of income, reclassified the change in fair value of cash flow hedges to net income through cost of sales, and reclassified the net pension amortization to net income through other income (expense), net.

The components of non-controlling interest for the quarter and six months ended October 27, 2018, and October 28, 2017, were as follows:


	Quarter Ended				Six Months Ended
(Unaudited, amounts in thousands)	10/27/18		10/28/17		10/27/18		10/28/17
Balance as of the beginning of the period	$	12,455	$	11,684	$	13,035	$	11,186
Net income		337		310		985		403
Other comprehensive income (loss)		619		100		(609)		505
Balance as of the end of the period	$	13,411	$	12,094	$	13,411	$	12,094