Note 14 Other Income (Expense), Net

12 Months Ended

Oct. 01, 2011

Other Nonoperating Income (Expense) [Abstract]

Other Income and Other Expense Disclosure [Text Block]

Other Income (Expense), Net

The following table summarizes the major components of other income (expense), net (in thousands):

	Year ended
	October 1, 2011		October 2, 2010			October 3, 2009
Foreign exchange gains (losses)	$	435	$	(2,490	)	$	(8,498	)
Interest rate swap gains	—		—			5,694
Gain from investments	—		3,680			695
Impairment of long-term investments	—		—			(4,531		)
Litigation settlement	—		35,556			—
Other, net	457		4,792			670
Total	$	892	$	41,538		$	(5,970	)

The Company reduces its exposure to currency fluctuations through the use of foreign currency hedging instruments, however, hedges are established based on forecasts of foreign currency transactions. To the extent actual amounts differ from forecasted amounts, the Company will have exposure to currency fluctuations, resulting in foreign exchange gains or losses.

In 2009, the Company discontinued hedge accounting for certain interest rate swaps due to the termination of one of its four outstanding swaps. The remaining three swaps were terminated in the following quarter. From the date hedge accounting was discontinued until the date the remaining three swaps were terminated, changes in the fair value of the swaps resulted in recognition of a $5.7 million gain.

The Company impaired $4.5 million of long-term investments in 2009. These investments were carried at cost on the consolidated balance sheet and were deemed to be impaired as a result of the poor financial condition of the underlying companies or funds.