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Other Income (Expense), Net
9 Months Ended
Aug. 24, 2014
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE), NET
OTHER EXPENSE, NET
The following table summarizes significant components of “Other expense, net”:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
August 24,
2014
 
August 25,
2013
 
August 24,
2014
 
August 25,
2013
 
 
 
(Dollars in thousands)
 
 
Foreign exchange management (losses) gains
$
(1,529
)
 
$
6,314

 
$
(7,103
)
 
$
6,286

 
 
Foreign currency transaction losses(1)
(5,314
)
 
(18,210
)
 
(4,389
)
 
(18,728
)
 
 
Interest income
506

 
357

 
1,534

 
1,138

 
 
Investment income
255

 
214

 
562

 
3,019

 
 
Other
477

 
664

 
1,852

 
2,860

 
 
Total other expense, net
$
(5,605
)
 
$
(10,661
)
 
$
(7,544
)
 
$
(5,425
)
 

_____________
 
(1)
Foreign currency transaction gains and losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Losses in 2013 were primarily due to the weakening of various currencies against the U.S. Dollar.