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Related Party Transactions | 12 Months Ended
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Mar. 28, 2020
Related Party Transactions |
Related Party Transactions | 14. Related Party Transactions The Company had capital expenditures with Floor & Decor Holdings, Inc., a specialty retail vendor in the flooring market. These capital expenditures amounted to $0.8 million, $0.5 million, and $0.3 million in fiscal 2020, fiscal 2019, and fiscal 2018, respectively, and were recorded as property and equipment, net on the consolidated balance sheets. Certain members of the Company’s board of directors either currently serve on the board of directors or as an executive officer at Floor & Decor Holdings, Inc. John Grijalva, the husband of Ms. Grijalva, Chief Merchandising Officer, works as an independent sales representative primarily for Dan Post Boot Company, Outback Trading Company, LTD and KS Marketing LLC. Mr. Grijalva conducts his business as an independent sales representative through a limited liability company of which he and Ms. Grijalva are members. We purchased merchandise from these suppliers in the aggregate approximate amounts of $17.8 million, $15.4 million, and $17.0 million in fiscal 2020, fiscal 2019, and fiscal 2018, respectively. Mr. Grijalva was paid commissions by the Company of approximately $1.2 million, $1.1 million, and $1.1 million in fiscal 2020, fiscal 2019 and fiscal 2018, respectively, a portion of which were passed on to other sales representatives working for Mr. Grijalva.

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- 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -URI http://asc.fasb.org/topic&trid=2122745 + Details
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