XML 74 R17.htm IDEA: XBRL DOCUMENT
v3.3.0.814

Accumulated Other Comprehensive Loss | 12 Months Ended
--- | ---
Jul. 31, 2015
Other Comprehensive Income (Loss), Net of Tax [Abstract] |
Accumulated Other Comprehensive Loss | NOTE H Accumulated Other Comprehensive Loss In the first quarter of Fiscal 2014, the Company prospectively adopted guidance issued by the FASB that requires additional disclosure related to the impact of reclassification adjustments out of accumulated other comprehensive income or loss on net income. Changes in accumulated other comprehensive loss by component are as follows:
(Thousands of dollars) |  | Foreign currency translation adjustment (a) |  |  | Pension benefits |  |  | Derivative financial instruments |  |  | Total |
Balance as of July 31, 2014, net of tax |  | $ | 48,289 |  |  | $ | (93,998 | ) |  | $ | (101 | ) |  | $ | (45,810 | )
Other comprehensive (loss) income before reclassifications and tax |  |  | (119,094 | ) |  |  | (5,188 | ) |  |  | (1,906 | ) |  |  | (126,188 | )
Tax benefit (expense) |  |  | — |  |  |  | 1,979 |  |  |  | 667 |  |  |  | 2,646 |
Other comprehensive (loss) income before reclassifications, net of tax |  | $ | (119,094 | ) |  | $ | (3,209 | ) |  | $ | (1,239 | ) |  | $ | (123,542 | )
Reclassifications, before tax |  |  |  |  |  |  | 8,747 |  |  |  | 1,037 |  |  |  | 9,784 | (d)
Tax benefit (expense) |  |  | — |  |  |  | (2,133 | ) |  |  | (289 | ) |  |  | (2,422 | )
Reclassifications, net of tax |  |  |  |  |  |  | 6,614 | (b) |  |  | 748 | (c) |  |  | 7,362 |
Other comprehensive (loss) income, net of tax |  |  | (119,094 | ) |  |  | 3,405 |  |  |  | (491 | ) |  |  | (116,180 | )
Balance as of July 31, 2015, net of tax |  | $ | (70,805 | ) |  | $ | (90,593 | ) |  | $ | (592 | ) |  | $ | (161,990 | )
Balance as of July 31, 2013, net of tax |  |  | 50,411 |  |  |  | (87,712 | ) |  |  | (172 | ) |  |  | (37,473 | )
Other comprehensive (loss) income before reclassifications and tax |  |  | (2,949 | ) |  |  | (16,120 | ) |  |  | 413 |  |  |  | (18,656 | )
Tax benefit (expense) |  |  | — |  |  |  | 4,391 |  |  |  | (145 | ) |  |  | 4,246 |
Other comprehensive (loss) income before reclassifications, net of tax |  | $ | (2,949 | ) |  | $ | (11,729 | ) |  | $ | 268 |  |  | $ | (14,410 | )
Reclassifications, before tax |  |  | 827 |  |  |  | 8,514 |  |  |  | (273 | ) |  |  | 9,068 | (d)
Tax benefit (expense) |  |  | — |  |  |  | (3,071 | ) |  |  | 76 |  |  |  | (2,995 | )
Reclassifications, net of tax |  |  | 827 |  |  |  | 5,443 | (b) |  |  | (197 | ) (c) |  |  | 6,073 |
Other comprehensive (loss) income, net of tax |  |  | (2,122 | ) |  |  | (6,286 | ) |  |  | 71 |  |  |  | (8,337 | )
Balance as of July 31, 2014, net of tax |  | $ | 48,289 |  |  | $ | (93,998 | ) |  | $ | (101 | ) |  | $ | (45,810 | )
__________________
| (a) | Taxes are not provided on cumulative translation adjustments as substantially all translation adjustments relate to earnings that are intended to be indefinitely reinvested outside the U.S. Amounts were reclassified from accumulated other comprehensive loss to other income, net.
| (b) | Primarily includes net amortization of prior service costs of $0.4 million as of July 31, 2015 and July 31, 2014 and actuarial losses of $11.0 million and $7.4 million as of July 31, 2015 and July 31, 2014 included in net periodic benefit cost that were reclassified from accumulated other comprehensive loss to operating expenses or cost of sales. Refer to Note F for additional information and balances of accumulated other comprehensive income before tax.
| (c) | Relates to foreign currency cash flow hedges that were reclassified from accumulated other comprehensive loss to other income, net (see Note E).
| (d) | Reclassification adjustments out of accumulated other comprehensive income for the twelve months ended July 31, 2015, and 2014 were not material.

X
- Definition The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e689-108580 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=36458714&loc=SL7669619-108580 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e640-108580 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 17 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e716-108580 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 16 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e709-108580 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e637-108580 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=36458714&loc=d3e681-108580 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Reclassification Adjustments -URI http://asc.fasb.org/extlink&oid=6522872 + Details
Name: | us-gaap_ComprehensiveIncomeNoteTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_OtherComprehensiveIncomeLossNetOfTaxPeriodIncreaseDecreaseAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration