Related Party Transactions

12 Months Ended

Jun. 30, 2019

25. Related Party Transactions

There were no related party receivables as of June 30, 2019 and June 24, 2018.

Related party payables consist of the following:

	June 30, 2019		June 24, 2018
Salem Leasing Corporation (included within accounts payable)	$	634	$	306
Salem Leasing Corporation (capital lease obligation)		806		875
Total related party payables	$	1,440	$	1,181

Related party transactions in excess of $120 for the current or prior two fiscal years consist of the matters in the table below and the following paragraphs:

		For the Fiscal Year Ended
Affiliated Entity	Transaction Type	June 30, 2019		June 24, 2018		June 25, 2017
Salem Leasing Corporation	Transportation equipment costs and capital lease debt service	$	4,102	$	3,979	$	3,914
Salem Global Logistics, Inc.	Freight service income		—		147		128

Mr. Kenneth G. Langone, a member of the Board, is a director, shareholder and non-executive Chairman of the Board of Salem Holding Company. UNIFI leases tractors and trailers from Salem Leasing Corporation, a wholly owned subsidiary of Salem Holding Company. In addition to the monthly lease payments, UNIFI also incurs expenses for routine repair and maintenance, fuel and other expenses. These leases do not contain renewal options, purchase options or escalation clauses with respect to the minimum lease charges.

Salem Global Logistics, Inc. is also a wholly owned subsidiary of Salem Holding Company. During fiscal 2018 and 2017, UNIFI earned income by providing for-hire freight services for Salem Global Logistics, Inc.