Schedule of Accumulated Other Comprehensive Income (Loss) |
The following table illustrates the changes in the balances of each component of accumulated other comprehensive loss, net of tax, for the nine months ended April 30, 2024: | | | | | | | | | | | | | | | | | | | | | | | | | Unrealized gain on cash flow hedges | | Unamortized gain on post-retirement plans | | Foreign currency translation adjustments | | Accumulated other comprehensive loss | Beginning balance, July 31, 2023 | $ | 1,641 | | | $ | 756 | | | $ | (95,458) | | | $ | (93,061) | | Other comprehensive income (loss) before reclassification | 702 | | | — | | | (12,310) | | | (11,608) | | Amounts reclassified from accumulated other comprehensive loss | (1,284) | | | (454) | | | — | | | (1,738) | | Ending balance, April 30, 2024 | $ | 1,059 | | | $ | 302 | | | $ | (107,768) | | | $ | (106,407) | |
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The changes in accumulated other comprehensive loss by component, net of tax, for the nine months ended April 30, 2023 were as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Unrealized gain on cash flow hedges | | Unamortized gain on post-retirement plans | | Foreign currency translation adjustments | | Accumulated other comprehensive loss | Beginning balance, July 31, 2022 | $ | 954 | | | $ | 1,436 | | | $ | (111,467) | | | $ | (109,077) | | Other comprehensive income before reclassification | 1,966 | | | — | | | 12,985 | | | 14,951 | | Amounts reclassified from accumulated other comprehensive loss | (946) | | | (329) | | | — | | | (1,275) | | Ending balance, April 30, 2023 | $ | 1,974 | | | $ | 1,107 | | | $ | (98,482) | | | $ | (95,401) | |
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Schedule of Income Tax Benefit on the Components of Other Comprehensive Loss |
The following table illustrates the income tax (expense) benefit on the components of other comprehensive (loss) income for the three and nine months ended April 30, 2024 and 2023: | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended April 30, | | Nine months ended April 30, | | 2024 | | 2023 | | 2024 | | 2023 | Income tax (expense) benefit related to items of other comprehensive (loss) income: | | | | | | | | Cash flow hedges | $ | (51) | | | $ | (8) | | | $ | (106) | | | $ | 116 | | Pension and other post-retirement benefits | — | | | — | | | — | | | (62) | | Income tax (expense) benefit related to items of other comprehensive (loss) income | $ | (51) | | | $ | (8) | | | $ | (106) | | | $ | 54 | |
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