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Other Income, Net (Tables) | 9 Months Ended
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Aug. 29, 2021
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 |  | Nine Months Ended
| August 29, 2021 |  | August 23, 2020 |  | August 29, 2021 |  | August 23, 2020
| (Dollars in thousands)
Foreign exchange management (losses) gains(1) | $ | (2,401) |  |  | $ | (10,712) |  |  | $ | (4,128) |  |  | $ | 10,114 |
Foreign currency transaction gains (losses)(2) | 4,227 |  |  | (3,052) |  |  | (334) |  |  | (25,138) |
Interest income | 689 |  |  | 1,547 |  |  | 1,796 |  |  | 7,685 |
Investment income | 533 |  |  | 501 |  |  | 2,499 |  |  | 1,244 |
Other, net | 1,799 |  |  | (558) |  |  | 5,387 |  |  | (2,174) |
Total other income (expense), net | $ | 4,847 |  |  | $ | (12,274) |  |  | $ | 5,220 |  |  | $ | (8,269) |
_____________ (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 August 23, 2020 were primarily due to unfavorable currency fluctuations relative to negotiated contract rates on positions to sell the Mexican Peso, Canadian Dollar and Australian Dollar. Gains in the nine-month period ended August 23, 2020 were primarily due to favorable currency fluctuations relative to negotiated contract rates on positions to sell the Euro and Mexican Peso, partially offset by an unfavorable position on the British Pound. (2)Foreign currency transaction gains and losses reflect the impact of foreign currency fluctuation on the Company's foreign currency denominated balances. Losses in the three-month and nine-month periods August 23, 2020 were primarily due to the weakening of most major currencies against the U.S. dollar.

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- Definition Tabular disclosure of the components of non-operating income or non-operating expense that may include amounts earned from dividends, interest on securities, gains (losses) on securities sold, equity earnings of unconsolidated affiliates, net gain (loss) on sales of business, interest expense and other miscellaneous income or expense items. + References No definition available. + Details
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