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Other Income (Expense), Net
9 Months Ended
Aug. 26, 2012
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE), NET
OTHER INCOME (EXPENSE), NET
The following table summarizes significant components of “Other income (expense), net”:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
August 26,
2012
 
August 28,
2011
 
August 26,
2012
 
August 28,
2011
 
 
 
(Dollars in thousands)
 
 
Foreign exchange management (losses) gains(1)
$
(15,384
)
 
$
4,619

 
$
(9,303
)
 
$
(1,212
)
 
 
Foreign currency transaction gains (losses)
8,518

 
(10,118
)
 
11,722

 
(13,412
)
 
 
Interest income
345

 
477

 
1,153

 
1,296

 
 
Other
774

 
(757
)
 
2,550

 
584

 
 
Total other income (expense), net
$
(5,747
)
 
$
(5,779
)
 
$
6,122

 
$
(12,744
)
 
_____________
 
(1)
Gains and losses on forward foreign exchange contracts primarily resulted from currency fluctuations relative to negotiated contract rates. Losses on forward foreign exchange contracts in 2012 primarily resulted from unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Swedish Krona, Mexican Peso, and Australian Dollar.