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Related Party Transactions | 12 Months Ended
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Jun. 28, 2020
Related Party Transactions [Abstract] |
Related Party Transactions | 25. Related Party Transactions There were no related party receivables as of June 28, 2020 and June 30, 2019. Related party payables for Salem Leasing Corporation consist of the following:
|  | June 28, 2020 |  |  | June 30, 2019 |
Accounts payable |  | $ | 616 |  |  | $ | 634 |
Operating lease obligations |  |  | 1,481 |  |  |  | — |
Finance lease obligations |  |  | 6,509 |  |  |  | 806 |
Total related party payables |  | $ | 8,606 |  |  | $ | 1,440 |
Related party transactions in excess of $120 for the current or prior two fiscal years consist of the matters in the table below and the following paragraphs:
|  |  |  | For the Fiscal Year Ended |
Affiliated Entity |  | Transaction Type |  | June 28, 2020 |  |  | June 30, 2019 |  |  | June 24, 2018 |
Salem Leasing Corporation |  | Transportation equipment costs and finance lease debt service |  | $ | 3,798 |  |  | $ | 4,102 |  |  | $ | 3,979 |
Salem Global Logistics, Inc. |  | Freight service income |  |  | — |  |  |  | — |  |  |  | 147 |
Mr. Kenneth G. Langone, a member of the Board, is a director, shareholder and non-executive Chairman of the Board of Salem Holding Company. UNIFI leases tractors and trailers from Salem Leasing Corporation, a wholly owned subsidiary of Salem Holding Company. In addition to the monthly lease payments, UNIFI also incurs expenses for routine repair and maintenance, fuel and other expenses. These leases do not contain renewal options, purchase options or escalation clauses with respect to the minimum lease charges. Salem Global Logistics, Inc. is also a wholly owned subsidiary of Salem Holding Company. During fiscal 2018, UNIFI earned income by providing for-hire freight services for Salem Global Logistics, Inc.

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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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