Related Party Transactions

12 Months Ended

Jul. 25, 2015

The Company leases certain administrative offices and equipment as well as pays for certain subcontracting services and materials from entities related to officers of its subsidiaries. Expenses under these arrangements for fiscal 2015, 2014, and 2013 were as follows:



	Fiscal Year Ended
	2015		2014		2013
	(Dollars in thousands)
Real property and equipment leases	$	2,722	$	1,685	$	1,862
Subcontractors and materials expense	$	2,532	$	2,069	$	700

The remaining future minimum lease commitments under real property and equipment lease arrangements with related parties is approximately $1.0 million, $0.8 million, $0.4 million, $0.3 million, $0.3 million and $0.1 million during fiscal 2016, 2017, 2018, 2019, 2020, and thereafter, respectively. The Company believes that all related party transactions have been conducted on an arms-length basis with terms that are similar to those available from third parties.

- Definition

The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.

+ References + Details