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Other Income (Expense), Net (Tables)
6 Months Ended
May 28, 2017
Other Income and Expenses [Abstract]  
Schedule of other nonoperating income (expense)
The following table summarizes significant components of "Other income (expense), net": 
 
Three Months Ended
 
Six Months Ended
 
May 28,
2017
 
May 29,
2016
 
May 28,
2017
 
May 29,
2016
 
(Dollars in thousands)
Foreign exchange management (losses) gains(1)
$
(15,130
)
 
$
(1,118
)
 
$
(25,374
)
 
$
2,618

Foreign currency transaction (losses) gains(2)
(3,623
)
 
4,398

 
6,053

 
(3,806
)
Interest income
694

 
281

 
1,311

 
490

Investment (expense) income
(11
)
 

 
342

 
708

Other, net
(17
)
 
734

 
(11
)
 
2,066

Total other income (expense), net
$
(18,087
)
 
$
4,295

 
$
(17,679
)
 
$
2,076


_____________
 
(1)
Gains and losses on forward foreign exchange contracts primarily result from currency fluctuations relative to negotiated contract rates. Losses in the three-month and six-month periods ended May 28, 2017 were primarily due to unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso and the Euro.

(2)
Foreign currency transaction gains and losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Gains in the six-month period ended May 28, 2017 were primarily due to the strengthening of the Mexican Peso and Euro against the US dollar.