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Other Income, Net (Tables)
 6 Months Ended
May 26, 2019
Other Income and Expenses [Abstract]  
Schedule of other nonoperating income (expense)
The following table summarizes significant components of "Other income, net": 
 
Three Months Ended
 
Six Months Ended
 
May 26,
2019
 
May 27,
2018
 
May 26,
2019
 
May 27,
2018
 
(Dollars in thousands)
Foreign exchange management gains (losses)(1)
$
4,261

 
$
13,711

 
$
(1,877
)
 
$
(2,376
)
Foreign currency transaction (losses) gains
(5,584
)
 
(2,698
)
 
(2,963
)
 
619

Interest income
3,647

 
1,401

 
7,658

 
3,830

Investment income
6

 
—

 
1,013

 
428

Other, net(2)
836

 
481

 
(2,311
)
 
(6
)
Total other income, net(2)
$
3,166

 
$
12,895

 
$
1,520

 
$
2,495


_____________
 
(1)
Gains and losses on forward foreign exchange contracts primarily resulted from currency fluctuations relative to negotiated contract rates. Gains in the three months ended May 26, 2019 were primarily due to favorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro. Gains in the three months ended May 27, 2018 were primarily due to favorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro, Mexican Peso and British Pound. Beginning in the first quarter of 2019, the Company designated certain derivative instruments as cash flow hedges and as a a result, gains and losses for the effective portions of these hedges are recorded in "Accumulated other comprehensive loss". Refer to Note 3 for more information.
(2)
The amounts in Other income, 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.