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Basis of Presentation (Tables)
7 Months Ended
May 03, 2014
Other Comprehensive Income and Reclassifications from AOCI

Other comprehensive income and reclassifications from AOCI for the three months ended May 3, 2014 and May 4, 2013 are as follows:

 

     May 3, 2014     May 4, 2013  
For the three months ended (in thousands):    Pension
Plans
    Foreign
Currency
    Total     Pension
Plans
    Foreign
Currency
    Total  

Balance at beginning of fiscal year

   $ (4,547   $ (13   $ (4,560   $ (5,828   $ 267      $ (5,561

Other comprehensive income (loss) before reclassifications, net of taxes

     82        92        174        43        (68     (25

Amounts reclassified from accumulated other comprehensive income (loss), net of taxes (1)

     57        —          57        51        —          51   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Other comprehensive income (loss) for the period

     139        92        231        94        (68     26   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at end of quarter

   $ (4,408   $ 79      $ (4,329   $ (5,734   $ 199      $ (5,535
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Includes the amortization of the unrecognized (gain)/loss on pension plans which was charged to “Selling, General and Administrative” Expense on the Consolidated Statement of Operations for the three months ended May 3, 2014 and May 4, 2013. The amortization of the unrecognized loss, before tax, was $57,000 and $84,000 for the three months ended May 3, 2014 and May 4, 2013, respectively. The corresponding tax benefit was $33,000 for the three months ended May 4, 2013. There was no tax benefit for the three months ended May 3, 2014.