XML 60 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Other Income (Expense), Net (Tables)
6 Months Ended
May 25, 2014
Other Income and Expenses [Abstract]  
Schedule of other nonoperating income (expense)
The following table summarizes significant components of “Other income (expense), net”:
 
 
 
Three Months Ended
 
Six Months Ended
 
 
 
May 25,
2014
 
May 26,
2013
 
May 25,
2014
 
May 26,
2013
 
 
 
(Dollars in thousands)
 
 
Foreign exchange management (losses) gains(1)
$
(10,010
)
 
$
2,790

 
$
(5,574
)
 
$
(28
)
 
 
Foreign currency transaction gains (losses)
3,163

 
(4,915
)
 
925

 
(518
)
 
 
Interest income
401

 
390

 
1,028

 
781

 
 
Investment income

 

 
307

 
2,805

 
 
Other
324

 
905

 
1,375

 
2,196

 
 
Total other income (expense), net
$
(6,122
)
 
$
(830
)
 
$
(1,939
)
 
$
5,236

 

_____________
 
(1)
Gains and losses on forward foreign exchange contracts primarily result from currency fluctuations relative to negotiated contract rates. Losses in 2014 were primarily due to unfavorable currency fluctuations relative to negotiated contract rates of various currencies against the U.S. Dollar.