Note 19 - Related Party Transactions

6 Months Ended

Dec. 27, 2015

Notes to Financial Statements

Related Party Transactions Disclosure [Text Block]

19. Related Party Transactions

For details regarding the nature of certain related party relationships, see note 25 included in the 2015 Form 10-K.

Related party receivables consist of the following:

	December 27, 2015		June 28, 2015
Cupron, Inc.	$	71	$	72
Salem Global Logistics, Inc.		8		3
Total related party receivables (included within receivables, net)	$	79	$	75

Related party payables consist of the following:

	December 27, 2015		June 28, 2015
Cupron, Inc.	$	520	$	506
Salem Leasing Corporation		367		277
Total related party payables (included within accounts payable)	$	887	$	783

Related party transactions consist of the following:

		For the Three Months Ended
Affiliated Entity	Transaction Type	December 27, 2015		December 28, 2014
Salem Leasing Corporation	Transportation equipment costs	$	931	$	947
Salem Global Logistics, Inc.	Freight service income		81		63
Cupron, Inc.	Sales		147		208
Cupron, Inc.	Yarn purchases		8		210

		For the Six Months Ended
Affiliated Entity	Transaction Type	December 27, 2015		December 28, 2014
Salem Leasing Corporation	Transportation equipment costs	$	1,876	$	1,897
Salem Global Logistics, Inc.	Freight service income		143		132
Cupron, Inc.	Sales		252		549
Cupron, Inc.	Yarn Purchases		8		210
Invemed Associates LLC	Brokerage services		4		2

From time to time, the Company exchanges equipment or extends the term of operating leases for certain transportation equipment under a master lease agreement with Salem Leasing Corporation. During the six months ended December 27, 2015, the Company exchanged multiple power units pursuant to such master lease agreement, with terms extending over the next four to six years. The increase to the existing obligation approximates $6,500.

Through April 24, 2015, Mr. Mitchel Weinberger was a member of the Company’s Board. Related party transaction amounts for entities affiliated with Mr. Weinberger are omitted from current disclosures as such entities no longer constitute related parties of the Company.