Note 19 - Related Party Transactions

9 Months Ended

Mar. 27, 2016

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:

	March 27, 2016		June 28, 2015
Cupron, Inc.	$	70	$	72
Salem Global Logistics, Inc.		17		3
Total related party receivables (included within receivables, net)	$	87	$	75

Related party payables consist of the following:

	March 27, 2016		June 28, 2015
Cupron, Inc.	$	680	$	506
Salem Leasing Corporation		269		277
Total related party payables (included within accounts payable)	$	949	$	783

Related party transactions consist of the following:

		For the Three Months Ended
Affiliated Entity	Transaction Type	March 27, 2016		March 29, 2015
Salem Leasing Corporation	Transportation equipment costs	$	893	$	861
Salem Global Logistics, Inc.	Freight service income		68		16

Cupron, Inc.	Sales		89		128
Cupron, Inc.	Raw material purchases		9		46

		For the Nine Months Ended
Affiliated Entity	Transaction Type	March 27, 2016		March 29, 2015
Salem Leasing Corporation	Transportation equipment costs	$	2,769	$	2,758
Salem Global Logistics, Inc.	Freight service income		211		148

Cupron, Inc.	Sales		341		677
Cupron, Inc.	Raw material purchases		17		256

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 first half of fiscal year 2016, 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 respective June 28, 2015 obligation approximates $6,300 as of March 27, 2016.

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.