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Accumulated Other Comprehensive Loss
 6 Months Ended
Dec. 24, 2015
Equity [Abstract]  
Accumulated Other Comprehensive Loss

Note 9 – Accumulated Other Comprehensive Loss

The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the twenty-six weeks ended December 24, 2015 and December 25, 2014. These changes are all related to our defined benefit pension plan.

 

Changes to AOCL (a)    For the Twenty-six Weeks Ended  
   December 24,
2015		      December 25,
2014		  

Balance at beginning of period

    $ (4,834 )     $ (3,503 ) 

Other comprehensive income before reclassifications

      —           —     

Amounts reclassified from accumulated other comprehensive loss

      504         479   

Tax effect

      (197 )       (192 ) 
  

 

 

     

 

 

  

Net current-period other comprehensive income

      307         287   
  

 

 

     

 

 

  

Balance at end of period

    $ (4,527 )     $ (3,216 ) 
  

 

 

     

 

 

  

 

(a)  Amounts in parenthesis indicate debits/expense.

The reclassifications out of AOCL for the quarter and twenty-six weeks ended December 24, 2015 and December 25, 2014 were as follows:

 

           Affected line
item in
the Consolidated
Statements of
Comprehensive
Income
Reclassifications from AOCL to earnings (b)    For the Quarter Ended     For the Twenty-six Weeks
Ended		    
   December 24,
2015		     December 25,
2014		     December 24,
2015		     December 25,
2014		    

Amortization of defined benefit pension items:

           

Unrecognized prior service cost

    $ (240 )    $ (240 )    $ (479 )    $ (479 )    Administrative
expenses

Unrecognized net loss

      (13 )      —          (25 )      —        Administrative
expenses
  

 

 

    

 

 

    

 

 

    

 

 

    

Total before tax

      (253 )      (240 )      (504 )      (479 )   

Tax effect

      99        96        197        192      Income tax
expense
  

 

 

    

 

 

    

 

 

    

 

 

    

Amortization of defined pension items, net of tax

    $ (154 )    $ (144 )    $ (307 )    $ (287 )   
  

 

 

    

 

 

    

 

 

    

 

 

    

 

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