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Other Income (Expense), Net
 9 Months Ended
Aug. 27, 2017
Other Income and Expenses [Abstract]  
OTHER INCOME (EXPENSE), NET
OTHER INCOME (EXPENSE), NET
The following table summarizes significant components of "Other income (expense), net": 
 
Three Months Ended
 
Nine Months Ended
 
August 27,
2017
 
August 28,
2016
 
August 27,
2017
 
August 28,
2016
 
(Dollars in thousands)
Foreign exchange management losses(1)
$
(19,147
)
 
$
(8,232
)
 
$
(44,521
)
 
$
(5,614
)
Foreign currency transaction gains(2)
1,163

 
9,496

 
7,216

 
5,690

Interest income
895

 
368

 
2,206

 
858

Investment income
287

 
268

 
629

 
976

Other, net
2,068

 
2,779

 
2,057

 
4,845

Total other income (expense), net
$
(14,734
)
 
$
4,679

 
$
(32,413
)
 
$
6,755


_____________
 
(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 nine-month periods ended August 27, 2017 were primarily due to unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso, the Euro and the Canadian dollar.

(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 nine-month period ended August 27, 2017 were primarily due to the strengthening of the Mexican Peso and Euro against the US dollar.