v3.3.1.900

Subsequent Event | 3 Months Ended
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Feb. 27, 2016
Subsequent Events [Abstract] |
Subsequent Events | SUBSEQUENT EVENT On March 7, 2016, the Company and 3M reached an agreement with regard to the litigation matter between TransWeb and 3M, whereby 3M agreed to pay TransWeb $27,250 in full and final satisfaction of the judgment and applicable interest and to forgo any further rights of appeal, and TransWeb and the Company agreed not to seek any further recoveries from 3M. 3M made the required payment on March 9, 2016. The Company expects to record the receipt of this payment as income in the second quarter of fiscal 2016. Please refer to Note 12 for additional information.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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