Sales to Major Customers |
3 Months Ended |
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Apr. 01, 2017 | |
| Risks and Uncertainties [Abstract] | |
| Sales to Major Customers |
Sales to Major Customers
The Company has a significant concentration of business with two major customers, each in excess of 10% of consolidated sales. The loss of either of these customers would significantly, negatively impact our sales and earnings.
Sales to these two customers represented 24% and 18% of consolidated sales for the three months April 1, 2017. Sales to these customers were in the Aerospace segment. Accounts receivable from these customers at April 1, 2017 was approximately $39.8 million. Sales to these two customers represented 22% and 15% of consolidated sales for the three months ended April 2, 2016.
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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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| X | ||||||||||
- References No definition available.
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