
	ACCUMULATED OTHER COMPREHENSIVE LOSS

Changes in the balance of each component of accumulated other comprehensive loss during the reporting periods were as follows:



	Thirteen weeks ended
	July 1, 2018								July 2, 2017
(in thousands)	Foreign currency translation adjustment			Unrealized gain (loss) on investments, net of tax (1)		Total other comprehensive (loss), net of tax			Foreign currency translation adjustment			Unrealized gain on investments, net of tax (1)			Total other comprehensive income (loss), net of tax
Balance at beginning of period	$	(9,713	)	$	—	$	(9,713	)	$	(9,884	)	$	988		$	(8,896	)
Current period other comprehensive income	(1,921		)	—		(1,921		)	540			(91		)	449
Balance at end of period	$	(11,634	)	$	—	$	(11,634	)	$	(9,344	)	$	897		$	(8,447	)



	Twenty-six weeks ended
	July 1, 2018									July 2, 2017
(in thousands)	Foreign currency translation adjustment			Unrealized gain on investments, net of tax (1)			Total other comprehensive (loss), net of tax			Foreign currency translation adjustment			Unrealized gain on investments, net of tax (1)		Total other comprehensive income (loss), net of tax
Balance at beginning of period	$	(8,329	)	$	1,525		$	(6,804	)	$	(11,684	)	$	251	$	(11,433	)
Current period other comprehensive income	(3,305		)	—			(3,305		)	2,340			646		2,986
Change in accounting standard cumulative-effect adjustment (2)	—			(1,525		)	(1,525		)	—			—		—
Balance at end of period	$	(11,634	)	$	—		$	(11,634	)	$	(9,344	)	$	897	$	(8,447	)


(1)	Consisted of deferred compensation plan accounts, comprised of mutual funds classified as available-for-sale securities, prior to our adoption of the new accounting standard for equity investments in the fiscal first quarter of 2018. The tax impact on the unrealized gain on available-for-sale securities was de minimis for the thirteen and twenty-six weeks ended July 2, 2017.

(2)

As a result of our adoption of the new accounting standard for equity investments, $1.5 million in unrealized gains, net of tax on available-for-sale equity securities were reclassified from accumulated other comprehensive loss to retained earnings as of the beginning of fiscal 2018. There were no material reclassifications out of accumulated other comprehensive loss during the thirteen and twenty-six weeks ended July 2, 2017. For additional information, see Note 1: Summary of significant accounting policies.