Related Party Transactions

3 Months Ended

Oct. 24, 2015

The Company leases certain administrative offices and equipment as well as pays for certain subcontracting services and materials from officers of its subsidiaries and entities related to officers of its subsidiaries. Expenses under these arrangements for the three months ended October 24, 2015 and October 25, 2014 were as follows:



	For the Three Months Ended
	October 24, 2015		October 25, 2014
	(Dollars in thousands)
Real property and equipment leases	$	750	$	429
Subcontractors and materials expense	$	1,092	$	502

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