Other Income (Expense), Net

3 Months Ended

Sep. 29, 2013

Other Income (Expense), Net

Other Income (Expense), net

Net other income (expense) included in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income primarily included 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 were 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 assets fund our amended and restated 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 was as follows (in thousands):

	Three Months Ended
	September29, 2013		September30, 2012
Foreign Currency Transaction Gain (Loss)	$	212	$	(455	)
Rabbi Trust Gain		48		64
Unrealized Gain on Mexican Peso Option Contracts		-		311
Realized Loss on Mexican Peso Option Contracts, net		-		(34	)
Other		19		96
	$	279	$	(18	)