Quarterly report [Sections 13 or 15(d)]

Sales to Major Customers

v3.26.3
Sales to Major Customers
9 Months Ended
Oct. 03, 2026
Risks and Uncertainties [Abstract]  
Sales to Major Customers Sales to Major Customers
The loss of a major customer, or a significant reduction in business with a major customer, could significantly and negatively impact our sales and earnings. In the three and nine months ended October 3, 2026 and September 27, 2025, the Company had one customer that accounted for more than 10% of consolidated sales, primarily within the Aerospace segment. Sales to The Boeing Company (“Boeing”) accounted for 12.8% and 11.7% of consolidated sales in the three and nine months ended October 3, 2026, respectively, and 12.3% and 10.6% of consolidated sales in the three and nine months ended September 27, 2025, respectively. Accounts receivable from Boeing were approximately $31.1 million as of October 3, 2026.