Quarterly report pursuant to Section 13 or 15(d)

Related Party Transactions

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Related Party Transactions
6 Months Ended
Jun. 30, 2018
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

13.  RELATED PARTY TRANSACTIONS

Enovation Controls purchases and sells inventory to an entity partially owned by one of its officers. For the six months ended June 30, 2018, and July 1, 2017, inventory sales to the entity totaled $1,525 and $1,299, respectively, and inventory purchases from the entity totaled $1,751 and $5,805, respectively.

In addition to these inventory transactions, Enovation Controls entered into a transition service agreement with the related party to provide, and receive, certain transition services for a period of up to one year for specified services. For the six months ended June 30, 2018, and July 1, 2017, sales recognized under the agreement were $39 and $1,217, respectively, and related costs incurred, under the agreement totaled $39 and $968, respectively, and are included in miscellaneous expense, net in the Consolidated Statements of Operations.  For the six months ended June 30, 2018, and July 1, 2017, purchases from the related party under the agreement totaled $22 and $856, respectively.

At June 30, 2018, and July 1, 2017, total amounts due from the entity totaled $194 and $786, respectively, and total amounts due to the entity totaled $731 and $915, respectively.