Note 17 - Related-Party Transactions

12 Months Ended

Sep. 27, 2014

17.	RELATED-PARTY TRANSACTIONS

In August 2013, we repurchased 25,000 shares of company stock at $18.00 per share for a total of $450,000 from the former owner of M.C. Healthcare. The repurchased shares were originally issued as part of the purchase price of our acquisition of M.C. Healthcare in December 2011. They were repurchased under an existing repurchase program authorized by the Board. Our lending bank waived any event of default in connection with the repurchase of these 25,000 shares.

- 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.

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