Other Income (Expense), Net

3 Months Ended

Oct. 02, 2016

Other Income And Expenses [Abstract]

Other Income (Expense), Net

Other Income (Expense), net

Net other income included in the accompanying Condensed Consolidated Statements of Income and Comprehensive Income primarily included foreign currency transaction gains and losses, realized and unrealized losses on our Mexican peso currency forward contracts and Rabbi Trust gains and losses. Foreign currency transaction gains and losses resulted from activity associated with foreign denominated assets held by our Mexican subsidiaries. We entered into the Mexican Peso currency forward 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 this Trust are considered trading securities.

The impact of these items for each of the periods presented was as follows (in thousands):

	Three Months Ended
	October 2, 2016			September 27, 2015
Foreign Currency Transaction Gain	$	689		$	957
Unrealized Loss on Peso Forward Contracts		(899	)		(896	)
Realized Loss on Peso Forward Contracts		(230	)		—
Rabbi Trust Gain (Loss)		83			(164	)
Other		400			71
	$	43		$	(32	)