Related Party Transactions
|3 Months Ended|
Mar. 30, 2019
|Related Party Transactions [Abstract]|
|RELATED PARTY TRANSACTIONS||
15. RELATED PARTY TRANSACTIONS
Enovation Controls purchases and sells inventory to an entity partially owned by one of its officers. For the three months ended March 30, 2019, and March 31, 2018, inventory sales to the entity totaled $482 and $861, respectively, and inventory purchases from the entity totaled $1,455 and $1,751, respectively.
At March 30, 2019, and December 29, 2018, amounts due from the entity totaled $216 and $296, respectively, and amounts due to the entity totaled $489 and $631, respectively.
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