Accumulated Other Comprehensive Loss

9 Months Ended

Mar. 28, 2024

Accumulated Other Comprehensive Loss [Abstract]

Note 11 – Accumulated Other Comprehensive Loss

The table below sets forth the changes to accumulated other comprehensive loss (“AOCL”) for the thirty-nine weeks ended March 28, 2024 and March 30, 2023. These changes are all related to our defined benefit pension plan.


	For the Thirty-Nine Weeks Ended
Changes to AOCL (a)	March 28, 2024			March 30, 2023
Balance at beginning of period	$	(204	)	$	(2,480	)
Other comprehensive income before reclassifications		—			—
Amounts reclassified from accumulated other comprehensive loss		—			21
Tax effect		—			(5	)
Net current-period other comprehensive income		—			16
Balance at end of period	$	(204	)	$	(2,464	)

(a)

Amounts in parenthesis indicate debits/expense.

The reclassifications out of AOCL for the quarter and thirty-nine weeks ended March 28, 2024 and March 30, 2023 were as follows:


	For the Quarter Ended					For the Thirty-Nine Weeks Ended					Affected Line Item
Reclassifications from AOCL to Earnings (b)	March 28, 2024		March 30, 2023			March 28, 2024		March 30, 2023			Consolidated Statements of Comprehensive Income
Amortization of defined benefit pension items:
Unrecognized net loss	$	—	$	(7	)	$	—	$	(21	)	Pension expense (excluding service costs)
Tax effect		—		2			—		5		Income tax expense
Amortization of defined pension items, net of tax	$	—	$	(5	)	$	—	$	(16	)

(b)

Amounts in parenthesis indicate debits to expense. See Note 10 – “Retirement Plan” above for additional details.