|
11.
|
Accumulated Other Comprehensive Income
|
Accumulated other comprehensive income at November 29, 2025 and November 30, 2024 consisted of the following:
| |
|
November 29, 2025
|
|
|
November 30, 2024
|
|
| |
|
|
|
|
|
|
|
|
|
Actuarial gains from defined benefit plans
|
|
$ |
972 |
|
|
$ |
1,066 |
|
|
Tax effects
|
|
|
(249 |
) |
|
|
(273 |
) |
| |
|
|
|
|
|
|
|
|
|
Accumulated other comprehensive income
|
|
$ |
723 |
|
|
$ |
793 |
|
The activity in accumulated other comprehensive income for fiscal years 2025, 2024 and 2023, which is comprised of post-retirement benefit actuarial gains or losses related to our Supplemental Plan and LTC Awards as well as cumulative translation adjustments arising from our former investment in Noa Home, is as follows:
|
Balance at November 26, 2022
|
|
$ |
50 |
|
|
Actuarial gains
|
|
|
424 |
|
|
Net pension amortization reclassified from accumulated other comprehensive loss
|
|
|
119 |
|
|
Foreign currency translation adjustment
|
|
|
(378 |
) |
|
Tax effects
|
|
|
(63 |
) |
|
Balance at November 25, 2023
|
|
|
152 |
|
|
Actuarial gains
|
|
|
170 |
|
|
Net pension amortization reclassified from accumulated other comprehensive loss
|
|
|
39 |
|
|
Foreign currency translation adjustment (1)
|
|
|
652 |
|
|
Tax effects
|
|
|
(220 |
) |
|
Balance at November 30, 2024
|
|
|
793 |
|
|
Actuarial losses
|
|
|
(29 |
) |
|
Net pension amortization reclassified from accumulated other comprehensive loss
|
|
|
(65 |
) |
|
Tax effects
|
|
|
24 |
|
|
Balance at November 29, 2025
|
|
$ |
723 |
|
| |
(1)
|
Includes the transfer of $962 of cumulative translation loss out of accumulated other comprehensive loss into the fiscal 2024 loss from operations upon the substantial completion of the liquidation of Noa Home (See Note 14).
|
|