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Accumulated Other Comprehensive Loss
3 Months Ended
Sep. 25, 2014
Equity [Abstract]  
Accumulated Other Comprehensive Loss

Note 9 – Accumulated Other Comprehensive Loss

The tables below set forth the changes to accumulated other comprehensive loss (“AOCL”) for the quarters ended September 25, 2014 and September 26, 2013, respectively. These changes are all related to our defined benefit pension plan.

 

     Accumulated other
comprehensive loss 
(a)
 

Balance—June 26, 2014

   $ (3,503

Other comprehensive income before reclassifications

     —     

Amounts reclassified from accumulated other comprehensive loss

     239   

Tax effect

     (96
  

 

 

 

Net current-period other comprehensive income

     143   
  

 

 

 

Balance—September 25, 2014

   $ (3,360
  

 

 

 

 

     Accumulated other
comprehensive loss (a)
 

Balance—June 27, 2013

   $ (3,164

Other comprehensive income before reclassifications

     —     

Amounts reclassified from accumulated other comprehensive loss

     222   

Tax effect

     (89
  

 

 

 

Net current-period other comprehensive income

     133   
  

 

 

 

Balance—September 26, 2013

   $ (3,031
  

 

 

 

 

(a)  Amounts in parenthesis indicate debits/expense.

The reclassification out of accumulated other comprehensive loss for the quarter ended September 25, 2014 was as follows:

 

Reclassifications from AOCL to earnings    Amount
Reclassified
from AOCL (b)
    Affected line item in the
Consolidated Statements of
Comprehensive Income

Amortization of defined benefit pension items:

    

Unrecognized prior service cost

   $ (239   Administrative expenses

Tax effect

     96      Income tax expense
  

 

 

   

Amortization of defined pension items, net of tax

   $ (143  
  

 

 

   

 

The reclassifications out of accumulated other comprehensive loss for the quarter ended September 26, 2013 was as follows:

 

Reclassifications from AOCL to earnings    Amount
Reclassified
from AOCL (b)
    Affected line item in the
Consolidated Statements of
Comprehensive Income

Amortization of defined benefit pension items:

    

Unrecognized prior service cost

   $ (239   Administrative expenses

Unrecognized net gain

     17      Administrative expenses

Total before tax

     (222  

Tax effect

     89      Income tax expense
  

 

 

   

Amortization of defined pension items, net of tax

   $ (133  
  

 

 

   

 

(b)  Amounts in parenthesis indicate debits to expense. See Note 8-Retirement Plan above for additional details.