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Related Party Transactions
12 Months Ended
Dec. 28, 2020
Related Party Transactions [Abstract]  
Related Party Transactions

(19)

Related Party Transactions

In the normal course of business, the Company’s foreign subsidiaries purchase laminate and prepreg from related parties in which a former member of the Board of Directors of the Company holds an equity interest. The Company no longer has a related party relationship under ASC Topic 850, Related Party Disclosures, with this former member of the Board of Directors as of December 28, 2020 (resigned on May 9, 2020). The Company’s foreign subsidiaries purchased laminate and prepreg from these related parties in the amount of $25,175, $30,612 and $39,462 for the years ended December 28, 2020, December 30, 2019 and December 31, 2018, respectively.

The Company also sells PCBs to a related party which is a wholly owned subsidiary of an entity in which a former member of the Board of Directors of the Company holds an equity interest. The Company no longer has a related party relationship under ASC Topic 850, Related Party Disclosures, with this former member of the Board of Directors as of December 28, 2020 (resigned on May 9, 2020). Sales to this related party for the years ended December 28, 2020 and December 30, 2019 were $32 and $244, respectively. There were no sales to this related party for the year ended December 31, 2018.

As of December 30, 2019, the Company’s consolidated balance sheet included $9,220 in accounts payable due to related parties for purchases of laminate and prepreg and such balance is included as a component of accounts payable on the consolidated balance sheet.