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Accumulated Other Comprehensive Loss
9 Months Ended
Mar. 25, 2021
Equity [Abstract]  
Accumulated Other Comprehensive Loss
Note 10 – Accumulated Other Comprehensive Loss
The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the thirty-nine weeks ended March 25, 2021 and March 26, 2020.
These changes are all related to our defined benefit pension plan.
 
    
For the Thirty-Nine
Weeks Ended
 
Changes to AOCL
(a)
  
March 25,

2021
    
March 26,

2020
 
Balance at beginning of period
   $ (8,630    $ (4,325
Other comprehensive income before reclassifications
             
Amounts reclassified from accumulated other comprehensive loss
     1,246        1,030  
Tax effect
     (311      (258
    
 
 
    
 
 
 
Net current-period other comprehensive income
     935        772  
Impact of adopting ASU
2018-02
            (976
    
 
 
    
 
 
 
Balance at end of period
   $ (7,695    $ (4,529
    
 
 
    
 
 
 
 
(a)
Amounts in parenthesis indicate debits/expense.
The reclassifications out of AOCL for the quarter and thirty-nine weeks ended March 25, 2021 and March 26, 2020 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 Thirty-Nine Weeks

Ended
 
  
March 25,

2021
 
 
March 26,

2020
 
 
March 25,

2021
 
 
March 26,

2020
 
Amortization of defined benefit pension items:
  
     
 
     
 
     
 
     
 
     
Unrecognized prior service cost
  
$
(120
 
$
(239
 
$
(359
 
$
(718
 
 
Other expense
 
Unrecognized net loss
  
 
(296
 
 
(104
 
 
(887
 
 
(312
 
 
Other expense
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     
Total before tax
  
 
(416
 
 
(343
 
 
(1,246
 
 
(1,030
 
     
Tax effect
  
 
104
 
 
 
86
 
 
 
311
 
 
 
258
 
 
 
Income tax expense
 
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     
Amortization of defined pension items, net of tax
  
$
(312
 
$
(257
 
$
(935
 
$
(772
 
     
 
  
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
     
 
(b)
 
Amounts in parenthesis indicate debits to expense. See Note 9 – “Retirement Plan” above for additional details.