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Other Income (Expense), Net
3 Months Ended
Feb. 24, 2019
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
 
February 24,
2019
 
February 25,
2018
 
(Dollars in thousands)
Foreign exchange management losses(1)
$
(6,138
)
 
$
(16,087
)
Foreign currency transaction gains
2,621

 
3,317

Interest income
4,011

 
2,429

Investment income
1,007

 
428

Other, net(2)
(3,147
)
 
(487
)
Total other income (expense), net(2)
$
(1,646
)
 
$
(10,400
)

_____________
 
(1)
Gains and losses on forward foreign exchange contracts primarily resulted from currency fluctuations relative to negotiated contract rates. Losses in the three-month period ended February 24, 2019 were primarily due to unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso. Losses in the three-month period ended February 25, 2018 were primarily due to unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro and the the British Pound.
(2)
The amounts in Other, net have been conformed to reflect the adoption of ASU 2017-07, "Compensation-Retirement Benefits (Topic 715) Improving the Presentation of Net Periodic Cost and Net Periodic Postretirement Benefit Cost" and include non-service cost component of net periodic benefit costs. Refer to Note 1 for more information.