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SHAREHOLDERS' EQUITY
6 Months Ended
Oct. 27, 2013
Stockholders' Equity Note [Abstract]  
SHAREHOLDERS' EQUITY
EQUITY 
Common Stock
As a result of the Merger, all outstanding common stock of the Company during the Predecessor period was acquired by Shuanghui and retired. See Note 2—Merger and Acquisition for further information on the Merger.
As a result of the Merger, all of the outstanding shares of Merger Sub were converted into 1,000 shares of common stock of the Company, no par value, and such shares are owned by a wholly-owned subsidiary of Shuanghui. There are no other shares of stock outstanding in the Company.
Stock Options and Performance Share Units
At October 27, 2013, the Company has no outstanding stock option awards or performance share units and no new equity plans have been approved by the Board of Directors.
Other Comprehensive Income (Loss)
The following tables present changes in the accumulated balances for each component of other comprehensive income (loss) and the related effects on net income of amounts reclassified out of other comprehensive income (loss).
 
 
Successor
 
Predecessor
 
 
September 27 - October 27,
2013
 
July 29 - September 26,
2013
 
Three Months Ended
 
 
 
 
October 28, 2012
 
 
Before Tax
 
Tax
 
After Tax
 
Before Tax
 
Tax
 
After Tax
 
Before Tax
 
Tax
 
After Tax
 
 
(in millions)
Foreign currency translation:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Translation adjustment arising during the period
 
$
28.9

 
$
(1.0
)
 
$
27.9

 
$
16.2

 
$
(3.6
)
 
$
12.6

 
$
51.5

 
$
(2.0
)
 
$
49.5

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension accounting:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of actuarial losses and prior service credits reclassified to cost of sales
 

 

 

 
3.1

 
(1.2
)
 
1.9

 
(1.3
)
 
0.5

 
(0.8
)
Amortization of actuarial losses and prior service credits reclassified to SG&A
 

 

 

 
6.8

 
(2.7
)
 
4.1

 
14.5

 
(5.7
)
 
8.8

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Hedge accounting:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gains (losses) arising during the period
 
(6.9
)
 
2.8

 
(4.1
)
 
(16.5
)
 
6.5

 
(10.0
)
 
(4.2
)
 
2.0

 
(2.2
)
Gains reclassified to sales
 
(0.2
)
 

 
(0.2
)
 
3.2

 
(1.3
)
 
1.9

 
(25.6
)
 
10.0

 
(15.6
)
Gains reclassified to cost of sales
 
0.1

 
(0.1
)
 

 
1.4

 
(0.5
)
 
0.9

 
(18.9
)
 
7.4

 
(11.5
)
Losses reclassified to SG&A
 

 

 

 
0.2

 

 
0.2

 
0.4

 

 
0.4

Total other comprehensive income (loss)
 
$
21.9

 
$
1.7

 
$
23.6

 
$
14.4

 
$
(2.8
)
 
$
11.6

 
$
16.4

 
$
12.2

 
$
28.6

 
 
Successor
 
Predecessor
 
 
September 27 - October 27,
2013
 
April 29 - September 26,
2013
 
Six Months Ended
 
 
 
 
October 28, 2012
 
 
Before Tax
 
Tax
 
After Tax
 
Before Tax
 
Tax
 
After Tax
 
Before Tax
 
Tax
 
After Tax
 
 
(in millions)
Foreign currency translation:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Translation adjustment arising during the period
 
$
28.9

 
$
(1.0
)
 
$
27.9

 
$
23.3

 
$
(6.4
)
 
$
16.9

 
$
(38.8
)
 
$
4.2

 
$
(34.6
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Pension accounting:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Amortization of actuarial losses and prior service credits reclassified to cost of sales
 

 

 

 
7.4

 
(2.9
)
 
4.5

 
8.0

 
(3.1
)
 
4.9

Amortization of actuarial losses and prior service credits reclassified to SG&A
 

 

 

 
17.4

 
(6.8
)
 
10.6

 
18.5

 
(7.2
)
 
11.3

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Hedge accounting:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Gains (losses) arising during the period
 
(6.9
)
 
2.8

 
(4.1
)
 
(26.6
)
 
10.3

 
(16.3
)
 
128.2

 
(49.9
)
 
78.3

Gains reclassified to sales
 
(0.2
)
 

 
(0.2
)
 
(5.9
)
 
2.3

 
(3.6
)
 
(57.8
)
 
22.5

 
(35.3
)
Gains reclassified to cost of sales
 
0.1

 
(0.1
)
 

 
(23.6
)
 
9.2

 
(14.4
)
 
(21.6
)
 
8.4

 
(13.2
)
Losses reclassified to SG&A
 

 

 

 
0.3

 

 
0.3

 
0.6

 
(0.1
)
 
0.5

Total other comprehensive income (loss)
 
$
21.9

 
$
1.7

 
$
23.6

 
$
(7.7
)
 
$
5.7

 
$
(2.0
)
 
$
37.1

 
$
(25.2
)
 
$
11.9