Accumulated Other Comprehensive Loss |
Note 5 - Accumulated Other Comprehensive Loss
Changes in accumulated other comprehensive loss, net of tax, comprise the following (in thousands):
|
|
Three Months Ended May 31, 2021 |
|
|
Three Months Ended May 31, 2020 |
|
|
|
Foreign Currency
Translation
Adjustments |
|
|
Pension Obligations,
Net |
|
|
Total |
|
|
Foreign Currency
Translation
Adjustments |
|
|
Pension Obligations,
Net |
|
|
Total |
|
Balances - March 1 (Beginning of period) |
|
$ |
(32,373 |
) |
|
$ |
(2,909 |
) |
|
$ |
(35,282 |
) |
|
$ |
(36,108 |
) |
|
$ |
(2,932 |
) |
|
$ |
(39,040 |
) |
Other comprehensive income (loss) before reclassifications |
|
|
4,514 |
|
|
|
— |
|
|
|
4,514 |
|
|
|
(1,904 |
) |
|
|
— |
|
|
|
(1,904 |
) |
Income tax benefit |
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
|
|
— |
|
Other comprehensive income (loss) before reclassifications, net of tax |
|
|
4,514 |
|
|
|
— |
|
|
|
4,514 |
|
|
|
(1,904 |
) |
|
|
— |
|
|
|
(1,904 |
) |
Amounts reclassified from accumulated other comprehensive loss |
|
|
— |
|
|
|
49 |
|
|
|
49 |
|
|
|
— |
|
|
|
58 |
|
|
|
58 |
|
Income tax (benefit) |
|
|
— |
|
|
|
(12 |
) |
|
|
(12 |
) |
|
|
— |
|
|
|
(13 |
) |
|
|
(13 |
) |
Amounts reclassified from accumulated other comprehensive loss, net of tax |
|
|
— |
|
|
|
37 |
|
|
|
37 |
|
|
|
— |
|
|
|
45 |
|
|
|
45 |
|
Net periodic other comprehensive income (loss) |
|
|
4,514 |
|
|
|
37 |
|
|
|
4,551 |
|
|
|
(1,904 |
) |
|
|
45 |
|
|
|
(1,859 |
) |
Balances - May 31 (End of period) |
|
$ |
(27,859 |
) |
|
$ |
(2,872 |
) |
|
$ |
(30,731 |
) |
|
$ |
(38,012 |
) |
|
$ |
(2,887 |
) |
|
$ |
(40,899 |
) |
|
|
Nine Months Ended May 31, 2021 |
|
|
Nine Months Ended May 31, 2020 |
|
|
|
Foreign
Currency
Translation
Adjustments |
|
|
Pension
Obligations,
Net |
|
|
Total |
|
|
Foreign
Currency
Translation
Adjustments |
|
|
Pension
Obligations,
Net |
|
|
Total |
|
Balances - September 1 (Beginning of period) |
|
$ |
(34,184 |
) |
|
$ |
(2,687 |
) |
|
$ |
(36,871 |
) |
|
$ |
(35,689 |
) |
|
$ |
(3,074 |
) |
|
$ |
(38,763 |
) |
Other comprehensive income (loss) before reclassifications |
|
|
6,325 |
|
|
|
(385 |
) |
|
|
5,940 |
|
|
|
(2,323 |
) |
|
|
(17 |
) |
|
|
(2,340 |
) |
Income tax benefit |
|
|
— |
|
|
|
87 |
|
|
|
87 |
|
|
|
— |
|
|
|
4 |
|
|
|
4 |
|
Other comprehensive income (loss) before reclassifications, net of tax |
|
|
6,325 |
|
|
|
(298 |
) |
|
|
6,027 |
|
|
|
(2,323 |
) |
|
|
(13 |
) |
|
|
(2,336 |
) |
Amounts reclassified from accumulated other comprehensive loss |
|
|
— |
|
|
|
147 |
|
|
|
147 |
|
|
|
— |
|
|
|
258 |
|
|
|
258 |
|
Income tax (benefit) |
|
|
— |
|
|
|
(34 |
) |
|
|
(34 |
) |
|
|
— |
|
|
|
(58 |
) |
|
|
(58 |
) |
Amounts reclassified from accumulated other comprehensive loss, net of tax |
|
|
— |
|
|
|
113 |
|
|
|
113 |
|
|
|
— |
|
|
|
200 |
|
|
|
200 |
|
Net periodic other comprehensive income (loss) |
|
|
6,325 |
|
|
|
(185 |
) |
|
|
6,140 |
|
|
|
(2,323 |
) |
|
|
187 |
|
|
|
(2,136 |
) |
Balances - May 31 (End of period) |
|
$ |
(27,859 |
) |
|
$ |
(2,872 |
) |
|
$ |
(30,731 |
) |
|
$ |
(38,012 |
) |
|
$ |
(2,887 |
) |
|
$ |
(40,899 |
) |
Reclassifications from accumulated other comprehensive loss to earnings, both individually and in the aggregate, were not material to the impacted captions in the Unaudited Condensed Consolidated Statements of Operations in all periods presented.
|