Quarterly report pursuant to Section 13 or 15(d)

Sales to Major Customers

v3.5.0.2
Sales to Major Customers
6 Months Ended
Jul. 02, 2016
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 any of these customers would significantly, negatively impact our sales and earnings.
Sales to these two customers represented 22% and 15% of consolidated sales for the six months ended and 21% and 16% for the three months ended July 2, 2016. Sales to these customers were in the Aerospace segment. Accounts receivable from these customers at July 2, 2016 was approximately $25.9 million. Sales to these two customers represented 22% and 14% of consolidated sales for the six months ended July 4, 2015 and 20% and 13% for the three months ended July 4, 2015.