| Schedule of accumulated other comprehensive income (loss) |
The following tables reflect the changes in accumulated other comprehensive loss ("AOCL"):
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended May 31, 2026 | | (in thousands) | | Foreign Currency Translation | | Derivatives | | Defined Benefit Pension Plans | | Total AOCL | | Balance, March 1, 2026 | | $ | (11,774) | | | $ | 15,393 | | | $ | (11,372) | | | $ | (7,753) | | Other comprehensive loss before reclassifications(1) | | (11,291) | | | (3,172) | | | (25) | | | (14,488) | | Reclassification for gain(2) | | — | | | (923) | | | — | | | (923) | | Net other comprehensive loss | | (11,291) | | | (4,095) | | | (25) | | | (15,411) | | | Balance, May 31, 2026 | | $ | (23,065) | | | $ | 11,298 | | | $ | (11,397) | | | $ | (23,164) | | | | | | | | | | | | | Nine Months Ended May 31, 2026 | | (in thousands) | | Foreign Currency Translation | | Derivatives | | Defined Benefit Pension Plans | | Total AOCL | | Balance, September 1, 2025 | | $ | (28,922) | | | $ | 14,993 | | | $ | (11,322) | | | $ | (25,251) | | Other comprehensive income (loss) before reclassifications(1) | | 5,857 | | | 4,691 | | | (75) | | | 10,473 | | Reclassification for gain(2) | | — | | | (8,386) | | | — | | | (8,386) | | Net other comprehensive income (loss) | | 5,857 | | | (3,695) | | | (75) | | | 2,087 | | | Balance, May 31, 2026 | | $ | (23,065) | | | $ | 11,298 | | | $ | (11,397) | | | $ | (23,164) | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended May 31, 2025 | | (in thousands) | | Foreign Currency Translation | | Derivatives | | Defined Benefit Pension Plans | | Total AOCL | | Balance, March 1, 2025 | | $ | (109,158) | | | $ | 22,901 | | | $ | (12,732) | | | $ | (98,989) | | Other comprehensive income (loss) before reclassifications(1) | | 60,273 | | | 6,378 | | | (11) | | | 66,640 | | Reclassification for gain(2) | | — | | | (1,189) | | | — | | | (1,189) | | Net other comprehensive income (loss) | | 60,273 | | | 5,189 | | | (11) | | | 65,451 | | | Balance, May 31, 2025 | | $ | (48,885) | | | $ | 28,090 | | | $ | (12,743) | | | $ | (33,538) | | | | | | | | | | | | | Nine Months Ended May 31, 2025 | | (in thousands) | | Foreign Currency Translation | | Derivatives | | Defined Benefit Pension Plans | | Total AOCL | | Balance, September 1, 2024 | | $ | (76,854) | | | $ | 3,614 | | | $ | (12,712) | | | $ | (85,952) | | Other comprehensive income (loss) before reclassifications(1) | | 27,969 | | | 29,493 | | | (31) | | | 57,431 | | Reclassification for gain(2) | | — | | | (5,017) | | | — | | | (5,017) | | Net other comprehensive income (loss) | | 27,969 | | | 24,476 | | | (31) | | | 52,414 | | | Balance, May 31, 2025 | | $ | (48,885) | | | $ | 28,090 | | | $ | (12,743) | | | $ | (33,538) | |
__________________________________ (1) Other comprehensive income (loss) ("OCI") before reclassifications from derivatives is presented net of immaterial income tax impacts for the three and nine months ended May 31, 2026, and net of income tax expense of $1.5 million and $7.0 million for the three and nine months ended May 31, 2025, respectively. OCI before reclassifications from defined benefit pension plans is presented net of immaterial income tax impacts. (2) Reclassifications for gains from derivatives included in net earnings (loss) are primarily recorded in cost of goods sold in the condensed consolidated statements of earnings (loss) and are presented net of immaterial income tax impacts.
|