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OTHER EXPENSE, NET
9 Months Ended
Mar. 27, 2016
Other Income and Expenses [Abstract]  
OTHER EXPENSE, NET
OTHER EXPENSE, NET
The significant components of other expense, net, are as follows:
 
Three Months Ended
 
Nine Months Ended
 
March 27,
2016
 
March 29,
2015
 
March 27,
2016
 
March 29,
2015
 
(in thousands)
Interest income
$
8,148

 
$
5,100

 
$
20,637

 
$
12,412

Interest expense
(38,056
)
 
(17,628
)
 
(101,294
)
 
(49,129
)
(Losses) gains on deferred compensation plan related assets, net
(999
)
 
2,816

 
(4,180
)
 
7,825

Foreign exchange gains, net
2,457

 
1,562

 
2,271

 
2,338

Other, net
(1,384
)
 
(3,239
)
 
(4,324
)
 
(282
)
 
$
(29,834
)
 
$
(11,389
)
 
$
(86,890
)
 
$
(26,836
)

Interest expense in the three and nine months ended March 27, 2016 increased, as compared to the three and nine months ended March 29, 2015, primarily due to interest expense associated with the $1 billion Senior Note issuance in the March 2015 and the amortization of bridge loan financing issuance costs of approximately $12.2 million and $25.8 million, in the three and nine months ended March 27, 2016, respectively (see Note 11 and Note 12 for additional information regarding the Senior Note and bridge loan financing).