Sales to Major Customers |
9 Months Ended |
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Oct. 02, 2021 | |
Risks and Uncertainties [Abstract] | |
Sales to Major Customers | Sales to Major CustomersThe loss of major customers or a significant reduction in business with a major customer would significantly, negatively impact our sales and earnings. In the three and nine months ended October 2, 2021, the Company had no customer in excess of 10% of consolidated sales. Sales to two customers in the Aerospace segment represented 6% and 10% of consolidated sales for the three months ended and 12% and 9% for the nine months ended September 26, 2020, respectively. |
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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://fasb.org/us-gaap/role/ref/legacyRef
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- References No definition available.
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