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OTHER EXPENSE, NET
 9 Months Ended
Mar. 25, 2018
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 25,
2018
 
March 26,
2017
 
March 25,
2018
 
March 26,
2017
 
(in thousands)
Interest income
$
21,761

 
$
16,345

 
$
62,548

 
$
40,053

Interest expense
(25,734
)
 
(24,752
)
 
(72,956
)
 
(92,822
)
(Losses) Gains on deferred compensation plan related assets, net
(1,995
)
 
4,294

 
7,532

 
12,131

Loss on impairment of investments
(42,456
)
 
—

 
(42,456
)
 
—

Loss on extinguishment of debt
—

 
—

 
—

 
(36,325
)
Foreign exchange (losses) gains, net
(1,065
)
 
679

 
(2,869
)
 
2,910

Other, net
(6,321
)
 
(4,404
)
 
(16,263
)
 
(11,962
)
 
$
(55,810
)
 
$
(7,838
)
 
$
(64,464
)
 
$
(86,015
)

Interest income in the three and nine months ended March 25, 2018, increased compared to same period in 2017 due to higher yield and balances. Interest expense decreased in the nine months ended March 25, 2018 compared to the same period in 2017 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. The loss on impairment of investments in the three and nine months ended March 25, 2018 is the result of a decision to sell selected investments held in foreign jurisdictions in conjunction with our cash repatriation strategy following the Tax Cuts & Jobs Act of 2017. Loss on extinguishment of debt realized in the nine months ended March 26, 2017 is primarily a result of the mandatory redemption of the Senior Notes Due 2023 and 2026 as well as the termination of the Term Loan Agreement.