XML 28 R17.htm IDEA: XBRL DOCUMENT v3.10.0.1
Accumulated Other Comprehensive Loss
 3 Months Ended
Sep. 27, 2018
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 quarter ended September 27, 2018 and September 28, 2017. These changes are all related to our defined benefit pension plan.

 

     For the Quarter Ended  
Changes to AOCL (a)    September 27,
2018		      September 28,
2017		  

Balance at beginning of period

    $ (3,181 )     $ (4,404 ) 

Other comprehensive income before reclassifications

      —          —    

Amounts reclassified from accumulated other comprehensive loss

      263        279  

Tax effect

      (66 )       (108 ) 
  

 

 

     

 

 

  

Net current-period other comprehensive income

      197        171  
  

 

 

     

 

 

  

Balance at end of period

    $ (2,984 )     $ (4,233 ) 
  

 

 

     

 

 

  

 

(a)

Amounts in parenthesis indicate debits/expense.

The reclassifications out of AOCL for the quarter ended September 27, 2018 and September 28, 2017 were as follows:

 

     For the Quarter Ended      Affected line item in
the Consolidated
Statements of
Comprehensive
Income		  
Reclassifications from AOCL to earnings (b)    September 27,
2018		      September 28,
2017		  

Amortization of defined benefit pension items:

         

Unrecognized prior service cost

    $ (239 )     $ (239 )       Other expense  

Unrecognized net loss

      (24 )       (40 )       Other expense  
  

 

 

     

 

 

     

Total before tax

      (263 )       (279 )    

Tax effect

      66        108        Income tax expense  
  

 

 

     

 

 

     

Amortization of defined pension items, net of tax

    $ (197 )     $ (171 )    
  

 

 

     

 

 

     

 

(b) 

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