Other Income (Expense), Net

12 Months Ended

Nov. 27, 2011

Other Income (Expense), Net [Abstract]

OTHER INCOME (EXPENSE), NET

NOTE 16:  OTHER INCOME (EXPENSE), NET

The following table summarizes significant components of “Other income (expense), net”:

		Year Ended
		November 27,		November 28,		November 29,
		2011		2010		2009
		(Dollars in Thousands)
Foreign exchange management gains (losses) (1)		$	15,310	$	(6,179)	$	(69,554)
Foreign currency transaction (losses) gains (2)			(20,251)		9,940		25,651
Interest income			1,618		2,232		2,537
Other			2,048		654		1,921
	Total other income (expense), net	$	(1,275)	$	6,647	$	(39,445)

__________

• Foreign exchange management gains and losses reflect the impact of foreign currency fluctuation on the Company's forward foreign exchange contracts. Gainsin 2011 primarily resulted from favorable currency fluctuations in the fourth quarter, relative to negotiated contract rates, includingthe appreciationof the U.S. Dollar against various foreign currencies. Losses in 2010 were primarily due to the weakening of the U.S. Dollar against the Australian Dollar and the Swedish Krona relative to the contracted rates.
• Foreign currency transaction gains andlosses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Losses in 2011 were primarily due tothe depreciation of the U.S. Dollar, the Turkish Lira and the Polish Zloty against various foreign currencies. Gains in 2010 were primarily due to the appreciation of British Pound Sterling against the Euroduring the year, and the appreciation of the U.S. Dollar against the Japanese Yen in the first half of the year.