Reclassifications Out of Accumulated Other Comprehensive Income (Loss) |
Reclassifications Out of Accumulated Other Comprehensive Income (Loss) The accumulated balances and reporting period activities for fiscal 2020 and 2019 related to reclassifications out of accumulated other comprehensive income are summarized as follows: | | | | | | | | | | | | | | | | | | | Foreign Currency Translation Adjustments | | Gain (Loss) on Derivative Instruments | | Accumulated Other Comprehensive Income (Loss) | | (in thousands) | Balances at September 30, 2018 | $ | (128,602) | | | $ | 1,252 | | | $ | (127,350) | | Other comprehensive loss before reclassifications | (21,109) | | | (11,247) | | | (32,356) | | Amounts reclassified from accumulated other comprehensive income | | | | | | Interest rate contracts, net of tax (1) | — | | | (878) | | | (878) | | Net current-period other comprehensive loss | (21,109) | | | (12,125) | | | (33,234) | | Balances at September 29, 2019 | $ | (149,711) | | | $ | (10,873) | | | $ | (160,584) | | Other comprehensive income before reclassifications | 3,436 | | | (599) | | | 2,837 | | Amounts reclassified from accumulated other comprehensive income | | | | | | Interest rate contracts, net of tax (1) | — | | | (4,039) | | | (4,039) | | Net current-period other comprehensive income (loss) | 3,436 | | | (4,638) | | | (1,202) | | Balances at September 27, 2020 | $ | (146,275) | | | $ | (15,511) | | | $ | (161,786) | | | | | | | | | | | | | |
(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.
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