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OTHER EXPENSE, NET
 3 Months Ended
Sep. 24, 2017
Other Income and Expenses [Abstract]  
OTHER EXPENSE, NET
OTHER EXPENSE, NET
The significant components of other expense, net, are as follows:
 
Three Months Ended
 
September 24,
2017
 
September 25,
2016
 
(in thousands)
Interest income
$
20,209

 
$
12,763

Interest expense
(23,905
)
 
(41,429
)
Gains on deferred compensation plan related assets, net
3,453

 
6,172

Foreign exchange (losses) gains, net
(3,000
)
 
1,219

Other, net
(2,259
)
 
(1,879
)
 
$
(5,502
)
 
$
(23,154
)

Interest income in the three months ended September 24, 2017, increased compared to the three months ended September 25, 2016, due to longer portfolio duration and higher yield. Interest expense decreased in the September 2017 quarter, compared to the September 2016 quarter, due to the termination of the Term Loan Agreement and mandatory redemption of the Senior Notes due 2023 and 2026 during the December 2016 quarter.