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Related Party Transaction
6 Months Ended
Mar. 31, 2017
Related Party Transaction  
Related Party Transaction

13.  Related Party Transactions

 

During the six months ended March 31, 2017, Headwaters was involved in the following transactions with related parties. One of Headwaters’ subsidiaries purchased approximately $1.6 million of supplies from a vendor owned by an employee of the subsidiary. During the March 2017 quarter, another subsidiary loaned approximately $1.4 million to the President of the subsidiary, which non-interest bearing loan was repaid before March 31, 2017.