Sales to Major Customers |
9 Months Ended |
|---|---|
Oct. 01, 2011 | |
| Sales to Major Customers [Abstract] | |
| Sales to Major Customers |
6) Sales to Major Customers
The Company has a significant concentration of business with two customers.
Sales to Panasonic Avionics Corporation amounted to 36% and 27% of consolidated sales for the
nine months ended October 1, 2011 and October 2, 2010 respectively and 39% and 24% of consolidated
sales for the three months ended October 1, 2011 and October 2, 2010, respectively. Accounts
receivable from this customer amounted to $13.5 million and $6.5 million as of October 1, 2011 and
December 31, 2010, respectively.
Sales to the United States Government amounted to 10% and 14% of consolidated sales for the
nine months ended October 1, 2011 and October 2, 2010 respectively and 9% and 17% of consolidated
sales for the three months ended October 1, 2011 and October 2, 2010, respectively. Accounts
receivable from this customer amounted to $3.8 million and $7.0 million as of October 1, 2011 and
December 31, 2010, respectively.
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