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Note 27 - Related Party Transactions | 9 Months Ended
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Mar. 25, 2012
Related Party Transactions Disclosure [Text Block] | 27. Related Party Transactions During fiscal year 2012, the Company has had sales to Cupron Medical, Inc. (“Cupron”). Mr. William J. Armfield, IV, is a member of the Company’s Board and is a current shareholder of Cupron. On December 19, 2011, the Company and Dillon entered into an amendment of an existing sales and service agreement. The amendment provides for a one year term beginning in January 2012 and consideration of $106 paid quarterly. Mr. Mitchel Weinberger is a member of the Company’s Board and the President and Chief Operating Officer of Dillon. For a discussion of the nature of all other related party relationships see “Footnote 27. Related Party Transactions” included in the Company’s Annual Report on Form 10-K for the fiscal year ended June 26, 2011. Related party receivables and payables consist of the following:
|  | March 25, 2012 |  |  | June 26, 2011 |
Related Party Receivables: |  |  |  |  |  |
Dillon Yarn Corporation |  | $ | 2 |  |  | $ | 6 |
Cupron Medical, Inc. |  |  | 4 |  |  |  | — |
American Drawtech Company, Inc. |  |  | 149 |  |  |  | 506 |
Total related party receivables (included within receivables, net) |  | $ | 155 |  |  | $ | 512 |
Related Party Payables: |  |  |  |  |  |  |  |
Dillon Yarn Corporation |  | $ | 125 |  |  | $ | 276 |
American Drawtech Company, Inc. |  |  | 22 |  |  |  | 11 |
Salem Leasing Corporation |  |  | 256 |  |  |  | 280 |
Total related party payables (included within accounts payable) |  | $ | 403 |  |  | $ | 567 |
Related party transactions were as follows:
|  |  | For the Three Months Ended
Affiliated Entity | Transaction Type |  | March 25, 2012 |  | March 27, 2011
Dillon Yarn Corporation | Costs under Sales Service Agreement |  | $ | 131 |  | $ | 356
Dillon Yarn Corporation | Sales |  |  | 15 |  |  | 14
Dillon Yarn Corporation | Yarn Purchases |  |  | 462 |  |  | 612
American Drawtech Company | Sales |  |  | 391 |  |  | 1,390
American Drawtech Company | Yarn Purchases |  |  | 63 |  |  | 37
Salem Leasing Corporation | Transportation Equipment Costs |  |  | 756 |  |  | 825
Cupron Medical, Inc. | Sales |  |  | 6 |  |  | 3
|  |  | For the Nine Months Ended
Affiliated Entity | Transaction Type |  | March 25, 2012 |  | March 27, 2011
Dillon Yarn Corporation | Costs under Sales Service Agreement |  | $ | 700 |  | $ | 1,122
Dillon Yarn Corporation | Sales |  |  | 118 |  |  | 35
Dillon Yarn Corporation | Yarn Purchases |  |  | 1,711 |  |  | 1,693
American Drawtech Company | Sales |  |  | 2,436 |  |  | 2,631
American Drawtech Company | Yarn Purchases |  |  | 105 |  |  | 106
Salem Leasing Corporation | Transportation Equipment Costs |  |  | 2,287 |  |  | 2,588
Cupron Medical, Inc. | Sales |  |  | 102 |  |  | 14
The terms of these transactions, in management’s opinion, are comparable to terms the Company would have been able to negotiate with an independent third party.

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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://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39691-107864 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39622-107864 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39549-107864 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 57 -Paragraph 1-4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39603-107864 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 850 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6457730&loc=d3e39678-107864 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=6881521&loc=d3e23780-122690 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Paragraph b -Article 3A Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 + Details
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