Note 10: Accumulated Other Comprehensive Loss

The activity in accumulated other comprehensive loss for the quarter ended January 26, 2019, and January 27, 2018, is as follows:


			Change in
			fair value		Unrealized		Net pension		Accumulated
			of cash		gain on		amortization		other
	Translation		flow		marketable		and net		comprehensive
(Unaudited, amounts in thousands)	adjustment		hedge		securities		actuarial loss		loss
Balance at October 27, 2018	$	(24)	$	(24)	$	(197)	$	(28,084)	$	(28,329)
Changes before reclassifications		800		—		72		—		1,385
Amounts reclassified to net income		—		93		48		687		315
Tax effect		—		(23)		(30)		(172)		(225)
Other comprehensive income attributable to La-Z- Boy Incorporated		800		70		90		515		1,475
Balance at January 26, 2019	$	776	$	46	$	(107)	$	(27,569)	$	(26,854)


			Change in
			fair value		Unrealized		Net pension		Accumulated
			of cash		gain on		amortization		other
	Translation		flow		marketable		and net		comprehensive
(Unaudited, amounts in thousands)	adjustment		hedge		securities		actuarial loss		loss
Balance at October 28, 2017	$	737	$	(189)	$	1,689	$	(32,748)	$	(30,511)
Changes before reclassifications		2,896		495		671		—		4,062
Amounts reclassified to net income		—		22		(585)		835		272
Tax effect		—		(72)		23		(283)		(332)
Other comprehensive income attributable to La-Z- Boy Incorporated		2,896		445		109		552		4,002
Balance at January 27, 2018	$	3,633	$	256	$	1,798	$	(32,196)	$	(26,509)

The activity in accumulated other comprehensive loss for the nine months ended January 26, 2019, and January 27, 2018, 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		(1,612)		(369)		175		—		(1,293)
Cumulative effect adjustment for investments (1)		—		—		(1,637)		—		(1,637)
Amounts reclassified to net income		—		225		29		2,059		1,800
Tax effect		—		36		(50)		(511)		(525)
Other comprehensive income (loss) attributable to La-Z-Boy Incorporated		(1,612)		(108)		(1,483)		1,548		(1,655)
Balance at January 26, 2019	$	776	$	46	$	(107)	$	(27,569)	$	(26,854)

(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).


			Change in				Net pension
			fair value		Unrealized		amortization		Accumulated
			of cash		gain on		and net		other
	Translation		flow		marketable		actuarial		comprehensive
(Unaudited, amounts in thousands)	adjustment		hedge		securities		loss		loss
Balance at April 29, 2017	$	(927)	$	74	$	1,752	$	(33,782)	$	(32,883)
Changes before reclassifications		4,560		256		1,409		—		6,225
Amounts reclassified to net income		—		(164)		(1,425)		2,506		917
Tax effect		—		90		62		(920)		(768)
Other comprehensive income attributable to La-Z-Boy Incorporated		4,560		182		46		1,586		6,374
Balance at January 27, 2018	$	3,633	$	256	$	1,798	$	(32,196)	$	(26,509)

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 nine months ended January 26, 2019, and January 27, 2018, were as follows:


	Quarter Ended				Nine Months Ended
(Unaudited, amounts in thousands)	1/26/2019		1/27/2018		1/26/2019		1/27/2018
Balance as of the beginning of the period	$	13,411	$	12,094	$	13,035	$	11,186
Net income		443		176		1,428		579
Other comprehensive income		669		689		60		1,194
Balance as of the end of the period	$	14,523	$	12,959	$	14,523	$	12,959