Related-Party Transactions |
9 Months Ended | ||
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Mar. 28, 2020 | |||
Related Party Transactions [Abstract] | |||
Related-Party Transactions |
The Company participates in and has an equity method investment in a purchasing alliance that was formed to obtain better pricing, to expand product options, to reduce internal costs, and to achieve greater inventory turnover. The Company’s investment in the purchasing alliance was $4.9 million as of March 28, 2020 and $4.6 million as of June 29, 2019. For the three-month periods ended March 28, 2020 and March 30, 2019, the Company recorded purchases of $234.8 million and $224.8 million, respectively, through the purchasing alliance. During the nine-month periods ended March 28, 2020 and March 30, 2019, the Company recorded purchases of $733.2 million and $657.9 million, respectively, through the purchasing alliance.
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