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Other Income, Net
3 Months Ended
Feb. 27, 2022
Other Income and Expenses [Abstract]  
OTHER INCOME, NET OTHER INCOME, NET
The following table summarizes significant components of "Other income, net": 
 Three Months Ended
 February 27,
2022
February 28,
2021
 (Dollars in thousands)
Foreign exchange management gains(1)
$2,321 $367 
Foreign currency transaction losses(2)
(2,211)(3,235)
Investment income 2,440 1,964 
COVID-19 government subsidy gain(3)
12,524 — 
Other, net823 1,762 
Total other income, net$15,897 $858 
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(1)Gains on forward foreign exchange contracts primarily resulted from currency fluctuations relative to negotiated contract rates.
(2)Foreign currency transaction losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances.
(3)COVID-19 government subsidy gain reflects a payment received from the German government as reimbursement for COVID-19 losses incurred in prior years.