Quarterly report pursuant to Section 13 or 15(d)

Sales to Major Customers

v3.8.0.1
Sales to Major Customers
9 Months Ended
Sep. 30, 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 20% and 17% of consolidated sales for the nine months ended and 20% and 17% for the three months ended September 30, 2017. Sales to these customers were in the Aerospace segment. Accounts receivable from these customers at September 30, 2017 was approximately $29.9 million. Sales to these two customers represented 21% and 15% of consolidated sales for the nine months ended and 21% and 15% for the three months ended October 1, 2016.