Other Comprehensive Income

3 Months Ended

Dec. 29, 2012

Other Comprehensive Income [Abstract]

Other Comprehensive Income

9. Other Comprehensive Income

Other Comprehensive Income, a component of Shareholders’ Investment, consists of foreign currency translation adjustments, gains or losses on derivative instruments, and defined benefit pension plan adjustments.

Income tax expense or benefit allocated to each component of other comprehensive income (loss) for the three-fiscal month periods ended December 29, 2012 and December 31, 2011 was as follows:

	Three Fiscal Months Ended						Three Fiscal Months Ended
	December 29, 2012						December 31, 2011
			Tax		Net of				Tax		Net of
	Pretax		(Expense)		Tax		Pretax		(Expense)		Tax
	Amount		or Benefit		Amount		Amount		or Benefit		Amount
	(expressed in thousands)
Foreign currency translation adjustments	$	201	$	-	$	201	$	(1,543)	$	-	$	(1,543)
Derivative instruments:
Unrealized net gain		1,275		(471)		804		390		(145)		245
Net loss reclassified to earnings		160		(59)		101		578		(215)		363
Defined benefit pension plan:
Unrealized net gain		217		(65)		152		252		(98)		154
Net loss reclassified to earnings		128		(38)		90		20		(6)		14
Currency exchange rate change		(134)		-		(134)		72		-		72
Other comprehensive income (loss)	$	1,847	$	(633)	$	1,214	$	(231)	$	(464)	$	(695)

The changes in the accumulated balances of each component of AOCI during the three-fiscal month periods ended December 29, 2012 and December 31, 2011 were as follows:

	Three Fiscal Months Ended December 29, 2012								Three Fiscal Months Ended December 31, 2011
	Foreign		Unrealized		Defined				Foreign		Unrealized		Defined
	Currency		(Loss) Gain		Benefit				Currency		Loss on		Benefit
	Translation		on Derivative		Pension Plan				Translation		Derivative		Pension Plan
	Adjustments		Instruments		Adjustments		Total		Adjustments		Instruments		Adjustments		Total
	(expressed in thousands)
Beginning balance	$	16,734	$	(408)	$	(5,425)	$	10,901	$	18,857	$	(616)	$	(1,952)	$	16,289
Other comprehensive
income (loss)		201		905		108		1,214		(1,543)		608		240		(695)
Ending balance	$	16,935	$	497	$	(5,317)	$	12,115	$	17,314	$	(8)	$	(1,712)	$	15,594