Accumulated other comprehensive income
 3 Months Ended
May. 30, 2015
Accumulated other comprehensive income  
Accumulated other comprehensive income

 

7.  Accumulated other comprehensive income

 

Accumulated other comprehensive income (“AOCI”) consists of changes in our foreign currency forward contracts, pension liability adjustment, and foreign currency translation. The components of AOCI, net of tax, are shown below for the thirteen weeks ended May 30, 2015:

 

 

 

Foreign
currency
forward
contracts

 

Pension
liability
adjustment

 

Foreign
currency
translation

 

Total

 

Balance at February 28, 2015

 
$
(882)

 
$
(1,167)

 
$
(16,293)

 
$
(18,342)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other comprehensive (loss) income before reclassifications, net of tax

 
(206)

 
30 

 
(1,051)

 
(1,227)

 

Amounts reclassified to earnings, net of tax

 
380 

 

—

 

—

 
380 

 

 

 

 

 

 

 

 

 

 

 

Net current period other comprehensive (loss) income

 
174 

 
30 

 
(1,051)

 
(847)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Balance at May 30, 2015

 
$
(708)

 
$
(1,137)

 
$
(17,344)

 
$
(19,189)

 

 

 

 

 

 

 

 

 

 

 

 

Amounts reclassified from AOCI to earnings for the foreign currency forward contracts category are generally included in cost of sales in the Company’s consolidated statements of operations. For a description of the Company’s use of foreign currency forward contracts, refer to Note 8.