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Comprehensive Income (Loss)
6 Months Ended
May 27, 2012
Equity [Abstract]  
COMPREHENSIVE INCOME (LOSS)
COMPREHENSIVE INCOME (LOSS)
The following is a summary of the components of total comprehensive income (loss), net of related income taxes:
 
 
Three Months Ended
 
Six Months Ended
 
May 27,
2012
 
May 29,
2011
 
May 27,
2012
 
May 29,
2011
 
(Dollars in thousands)
Net income
$
13,243

 
$
20,511

 
$
62,540

 
$
59,679

Other comprehensive income (loss):
 
 
 
 
 
 
 
Pension and postretirement benefits
321

 
21,335

 
617

 
21,850

Net investment hedge gains (losses)
15,320

 
(6,570
)
 
15,845

 
(15,460
)
Foreign currency translation (losses) gains
(25,068
)
 
14,363

 
(17,644
)
 
22,890

Unrealized (loss) gain on marketable securities
(449
)
 
93

 
819

 
667

Total other comprehensive (loss) income
(9,876
)
 
29,221

 
(363
)
 
29,947

Comprehensive income
3,367

 
49,732

 
62,177

 
89,626

Comprehensive income (loss) attributable to noncontrolling interest
53

 
(384
)
 
(201
)
 
(1,675
)
Comprehensive income attributable to Levi Strauss & Co.
$
3,314

 
$
50,116

 
$
62,378

 
$
91,301

The following is a summary of the components of “Accumulated other comprehensive loss,” net of related income taxes: 
 
 
May 27,
2012
 
November 27,
2011
 
 
 
(Dollars in thousands)
 
 
Pension and postretirement benefits
$
(255,067
)
 
$
(255,684
)
 
 
Net investment hedge losses
(12,848
)
 
(28,693
)
 
 
Foreign currency translation losses
(67,853
)
 
(50,209
)
 
 
Unrealized gain (loss) on marketable securities
272

 
(547
)
 
 
Accumulated other comprehensive loss
(335,496
)
 
(335,133
)
 
 
Accumulated other comprehensive income attributable to noncontrolling interest
10,579

 
10,869

 
 
Accumulated other comprehensive loss attributable to Levi Strauss & Co.
$
(346,075
)
 
$
(346,002
)