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Accumulated Other Comprehensive Loss (Tables)
3 Months Ended
Nov. 21, 2015
Equity [Abstract]  
Changes in Accumulated Other Comprehensive Loss

Changes in Accumulated other comprehensive loss consisted of the following:

 

(in thousands)

   Pension
Liability
    Foreign
Currency (3)
    Net
Unrealized
Gain on
Securities
    Derivatives     Total  

Balance at August 29, 2015

   $ (70,795   $ (171,488   $ (26   $ (7,209   $ (249,518

Other comprehensive income (loss) before reclassifications

     —          7,787        (75     —          7,712   

Amounts reclassified from Accumulated other comprehensive loss (1)

     1,234 (2)      —          13 (4)      164 (5)      1,411   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at November 21, 2015

   $ (69,561   $ (163,701   $ (88   $ (7,045   $ (240,395
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(in thousands)

   Pension
Liability
    Foreign
Currency (3)
    Net
Unrealized
Gain on
Securities
    Derivatives     Total  

Balance at August 30, 2014

   $ (63,820   $ (57,836   $ 76      $ (7,323   $ (128,903

Other comprehensive loss before reclassifications

     —          (18,361     (33     (91     (18,485

Amounts reclassified from Accumulated other comprehensive loss (1)

     1,217 (2)      —          (5 )(4)      25 (5)      1,237   
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

Balance at November 22, 2014

   $ (62,603   $ (76,197   $ 38      $ (7,389   $ (146,151
  

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

(1) Amounts in parentheses indicate debits to Accumulated other comprehensive loss.
(2) Represents amortization of pension liability adjustments, net of taxes of $1,190 in fiscal 2016 and $846 in fiscal 2015, which is recorded in Operating, selling, general and administrative expenses on the Condensed Consolidated Statements of Income. See “Note G – Pension and Savings Plans” for further discussion.
(3) Foreign currency is not shown net of additional U.S. tax as earnings of non-U.S. subsidiaries are intended to be permanently reinvested.
(4) Represents realized gains (losses) on marketable securities, net of taxes of $7 in fiscal 2016 and $3 in fiscal 2015, which is recorded in Operating, selling, general, and administrative expenses on the Condensed Consolidated Statements of Income. See “Note D – Marketable Securities” for further discussion.
(5) Represents gains and losses on derivatives, net of taxes of $85 in fiscal 2016 and $17 in fiscal 2015, which is recorded in Interest expense, net, on the Condensed Consolidated Statements of Income. See “Note E – Derivative Financial Instruments” for further discussion.