Reclassifications Out of Accumulated Other Comprehensive Loss (Tables)

6 Months Ended

Mar. 29, 2020

Summary of Reclassifications Out of Accumulated Other Comprehensive Loss

The accumulated balances and reporting period activities for the three and six months ended March 29, 2020 and March 31, 2019 related to reclassifications out of accumulated other comprehensive income (loss) are summarized as follows:


	Three Months Ended
	Foreign Currency Translation Adjustments		Loss on Derivative Instruments		Accumulated Other Comprehensive Loss
	(in thousands)
Balances at December 30, 2018	$	(151,936)	$	(2,757)	$	(154,693)
Other comprehensive income (loss) before reclassifications	9,245		(2,504)		6,741
Amounts reclassified from accumulated other comprehensive loss:
Interest rate contracts, net of tax ⁽¹⁾	—		(265)		(265)
Net current-period other comprehensive income (loss)	9,245		(2,769)		6,476
Balances at March 31, 2019	$	(142,691)	$	(5,526)	$	(148,217)

Balances at December 29, 2019	$	(135,812)	$	(9,203)	$	(145,015)
Other comprehensive loss before reclassifications	(47,011)		(6,727)		(53,738)
Amounts reclassified from accumulated other comprehensive loss:
Interest rate contracts, net of tax ⁽¹⁾	—		(638)		(638)
Net current-period other comprehensive loss	(47,011)		(7,365)		(54,376)
Balances at March 29, 2020	$	(182,823)	$	(16,568)	$	(199,391)

	Six Months Ended
	Foreign Currency Translation Adjustments		Gain (Loss) on Derivative Instruments		Accumulated Other Comprehensive Loss
	(in thousands)
Balances at September 30, 2018	$	(128,602)	$	1,252	$	(127,350)
Other comprehensive loss before reclassifications	(14,089)		(6,287)		(20,376)
Amounts reclassified from accumulated other comprehensive loss:
Interest rate contracts, net of tax (1)	—		(491)		(491)
Net current-period other comprehensive loss	(14,089)		(6,778)		(20,867)
Balances at March 31, 2019	$	(142,691)	$	(5,526)	$	(148,217)

Balances at September 29, 2019	$	(149,711)	$	(10,873)	$	(160,584)
Other comprehensive loss before reclassifications	(33,112)		(4,574)		(37,686)
Amounts reclassified from accumulated other comprehensive loss:
Interest rate contracts, net of tax (1)	—		(1,121)		(1,121)
Net current-period other comprehensive loss	(33,112)		(5,695)		(38,807)
Balances at March 29, 2020	$	(182,823)	$	(16,568)	$	(199,391)

⁽¹⁾ This accumulated other comprehensive component is reclassified to “Interest expense” in our consolidated statements of income. See Note 14, “Derivative Financial Instruments”, for more information.