Related Party Transactions

9 Months Ended

Sep. 28, 2020

Related Party Transactions [Abstract]

Related Party Transactions

(18) Related Party Transactions

In the normal course of business, the Company’s foreign subsidiaries purchase laminate and prepreg from related parties in which a significant shareholder of the Company holds an equity interest. The Company’s foreign subsidiaries purchased laminate and prepreg from these related parties in the amount of $5,760 and $7,151 for the quarters ended September 28, 2020 and September 30, 2019, respectively, and $17,527 and $22,847 for the three quarters ended September 28, 2020 and September 30, 2019, respectively.

As of September 28, 2020 and December 30, 2019, the Company’s consolidated condensed balance sheets included $6,786 and $9,220, respectively, in accounts payable due to related parties for purchases of laminate and prepreg and such balances are included as a component of accounts payable on the consolidated condensed balance sheets.