Related Party Transactions

12 Months Ended

Sep. 30, 2012

Related Party Transactions

Related Party Transactions

15. Related Party Transactions

        In addition to transactions disclosed elsewhere, Headwaters was involved in the following transactions with related parties. A director of Headwaters is a principal in one of the insurance brokerage companies Headwaters uses to purchase certain insurance benefits for its employees. Commissions paid to that company by providers of insurance services to Headwaters totaled approximately $0.2 million in 2010 and $0.1 million in 2011 and 2012.

        A majority of one of Headwaters' subsidiary's transportation needs are provided by a company, two of the principals of which are related to an officer of the subsidiary. Costs incurred were approximately $5.5 million, $5.4 million and $5.8 million in 2010, 2011 and 2012, respectively.