XML 94 R11.htm IDEA: XBRL DOCUMENT
v2.4.0.8

Other Comprehensive Income (Notes) | 12 Months Ended
--- | ---
Jul. 31, 2014
Statement of Comprehensive Income [Abstract] |
Comprehensive Income (Loss) Note [Text Block] | 4. Other Comprehensive Income Other comprehensive income consists of foreign currency translation adjustments, net unrealized gains and losses from cash flow hedges and net investment hedges, and the unamortized gain on the post-retirement medical plans net of their related tax effects. The following table illustrates the changes in the balances of each component of accumulated other comprehensive income for the periods presented. The unrealized gain (loss) on cash flow hedges and the unrecognized gain on the postretirement medical plan are presented net of tax:
| Unrealized gain (loss) on cash flow hedges |  | Gain on postretirement medical plan |  | Foreign currency translation adjustments |  | Accumulated other comprehensive income
Ending balance, July 31, 2012 | $ | 876 |  |  | $ | 978 |  |  | $ | 57,557 |  |  | $ | 59,411 |
Other comprehensive (loss) income before reclassification | (425 | ) |  | 1,103 |  |  | (3,446 | ) |  | (2,768 | )
Amounts reclassified from accumulated other comprehensive income | (352 | ) |  | (228 | ) |  | — |  |  | (580 | )
Ending balance, July 31, 2013 | $ | 99 |  |  | $ | 1,853 |  |  | $ | 54,111 |  |  | $ | 56,063 |
Other comprehensive (loss) income before reclassification | (21 | ) |  | 3,313 |  |  | 1,334 |  |  | 4,626 |
Amounts reclassified from accumulated other comprehensive income | (90 | ) |  | (312 | ) |  | 3,869 |  |  | 3,467 |
Ending balance, July 31, 2014 | $ | (12 | ) |  | $ | 4,854 |  |  | $ | 59,314 |  |  | $ | 64,156 |
The increase in accumulated other comprehensive income ("AOCI") as of July 31, 2014 compared to July 31, 2013 was primarily due to the accumulated foreign currency translation loss in Korea and Thailand, which was reclassified into earnings upon the completion of the first phase of the Die-Cut divestiture during the year ended July 31, 2014. The increase in AOCI is also attributable to a $4,691 actuarial gain on the U.S. post-retirement medical plan valuation for the year ended July 31, 2014. The depreciation of the U.S. dollar against other currencies also contributed to the increase in AOCI from the prior year. The foreign currency translation adjustments line in the table above includes the impact of foreign currency translation, foreign currency translation on intercompany notes, and the settlements of net investment hedges, net of tax. Of the total $3,467 in amounts reclassified from AOCI, the $3,869 loss on foreign currency translation adjustments was reclassified to the loss on the sale of the Die-Cut divestiture, the $90 gain on cash flow hedges was reclassified into cost of products sold, and the $312 net gain on postretirement plans was split with $443 of gains reclassified into SG&A and a $131 loss reclassified to the loss on the sale of the Die-Cut divestiture. The following table illustrates the income tax (expense) benefit on the components of other comprehensive income:
|  | 2014 |  | 2013 |  | 2012
Income tax (expense) benefit related to items of other comprehensive (loss) income: |  |  |  |  |  |
Net investment hedge translation adjustments |  | $ | 302 |  |  | $ | 2,877 |  |  | $ | (7,784 | )
Long-term intercompany loan settlements |  | 579 |  |  | (650 | ) |  | (2,508 | )
Cash flow hedges |  | 28 |  |  | 454 |  |  | (855 | )
Pension and other post-retirement benefits |  | (1,898 | ) |  | (555 | ) |  | 583 |
Other income tax adjustments |  | (58 | ) |  | 108 |  |  | (898 | )
Income tax (expense) benefit related to items of other comprehensive (loss) income |  | $ | (1,047 | ) |  | $ | 2,234 |  |  | $ | (11,462 | )

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 11 -URI http://asc.fasb.org/extlink&oid=28358780&loc=d3e637-108580 Reference 2: 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=28358780&loc=d3e681-108580 Reference 3: 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 4: 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=28358780&loc=d3e689-108580 Reference 5: 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=28358780&loc=SL7669619-108580 Reference 6: 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=28358780&loc=d3e640-108580 Reference 7: 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=28358780&loc=d3e716-108580 Reference 8: 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=28358780&loc=d3e709-108580 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
- Details
Name: | us-gaap_StatementOfIncomeAndComprehensiveIncomeAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration