Other Income (Expense), net

9 Months Ended

Apr. 01, 2012

Other Income (Expense), net [Abstract]

Other Income (Expense), net

Other Income (Expense), net

Net other income (expense) included in the accompanying Condensed Consolidated Statements of Operations and Comprehensive Income primarily includes foreign currency transaction gains and losses, unrealized gains and losses on our Mexican Peso option contracts, and Rabbi Trust gains and losses. Foreign currency transaction gains and losses are the result of foreign currency transactions entered into by our Mexican subsidiaries and fluctuations in foreign currency cash balances. We entered into the Mexican Peso currency option contracts to minimize earnings volatility resulting from changes in exchange rates affecting the U.S. dollar cost of our Mexican operations. The Rabbi Trust funds our supplemental executive retirement plan. The investments held in the Trust are considered trading securities. The impact of these items for each of the periods presented is as follows (in thousands):

	Three Months Ended						Nine Months Ended
	April 1, 2012			March 27, 2011			April 1, 2012			March 27, 2011
Foreign Currency Transaction (Loss) Gain	$	(698	)	$	(368	)	$	907		$	(558	)
Rabbi Trust Gain		161			75			64			333
Unrealized Gain (Loss) on Mexican Peso Option Contracts		1,174			(114	)		(542	)		(114	)
Realized Loss on Mexican Peso Option Contracts, net		(48	)		—			(236	)		—
Other		73			50			104			238
	$	662		$	(357	)	$	297		$	(101	)