XML 31 R20.htm IDEA: XBRL DOCUMENT v3.21.2
RELATED PARTY TRANSACTIONS
9 Months Ended
Oct. 03, 2021
Related Party Transactions  
Related Party Transactions

(14) Related Party Transactions

Charles Davidson, a franchisee of the Company, currently serves as a director of the Company and is the beneficial owner of approximately 16.3% of the Company’s common stock as of the date that these financial statements were available to be issued, by virtue of his ownership interest in Wexford Capital.

The following table outlines amounts received from related parties during the three months and nine months ended October 3, 2021 and September 27, 2020:

Three Months Ended

Nine Months Ended

(in thousands)

October 3, 2021

    

September 27, 2020

    

October 3, 2021

    

September 27, 2020

Revenues and NAF contributions - Charles Davidson

166

130

482

422

The following table outlines accounts receivable from related parties as of October 3, 2021 and January 3, 2021:

(in thousands)

October 3, 2021

    

January 3, 2021

Accounts receivable, net - Charles Davidson

63

52