Transactions with Related Parties |
12 Months Ended |
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Sep. 29, 2018 | |
| Related Party Transactions [Abstract] | |
| Transactions with Related Parties |
Transactions with Related Parties
During fiscal 2018, 2017 and 2016, Tech Pac, a subsidiary of the Company, made purchases from Contract Packaging, Inc, (“CPI”), Tech Pac’s principal supplier and a minority 20% shareholder in Tech Pac. Tech Pac’s total purchases from CPI were approximately $51.1 million, $37.0 million and $36.5 million for fiscal years 2018, 2017 and 2016, respectively. Amounts due from CPI as of September 29, 2018 were $2.1 million and amounts due to CPI as of September 30, 2017 were $0.6 million.
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- References No definition available.
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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. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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