Sales to Major Customers |
6 Months Ended |
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Jun. 29, 2024 | |
| 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, and negatively impact our sales and earnings. In the three and six months ended June 29, 2024 and July 1, 2023, the Company had one customer over 10% of consolidated sales. Sales to The Boeing Company (“Boeing”) accounted for 11.7% and 11.2% of sales in the three and six months ended June 29, 2024 and 11.5% and 10.9% in the three and six months ended July 1, 2023, respectively. Accounts receivable from Boeing on June 29, 2024 were approximately $23.2 million. |
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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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