Significant Customers

3 Months Ended

Mar. 30, 2018

12.	Significant Customers

In the 2018 first quarter, International Business Machines Corporation (IBM) was the Company’s largest customer and accounted for $18.9 million or 22.8% of consolidated revenue compared with $20.3 million or 26.4% of consolidated revenue in the comparable 2017 period. During the 2017 third quarter, the National Technical Services Agreement with IBM was extended for two years and now expires on December 31, 2019. The Company’s accounts receivable from IBM at March 30, 2018 and December 31, 2017 totaled $21.4 million and $21.5 million, respectively.

In the 2018 first quarter, SDI International (SDI) was the Company’s second largest customer and accounted for $6.7 million or 8.1% of consolidated revenue compared with $9.4 million or 12.2% of consolidated revenue in the comparable 2017 period. SDI acts as a vendor manager for Lenovo, and all of the Company's revenue generated through SDI is for employees working at Lenovo. The Company’s accounts receivable from SDI at both March 30, 2018 and December 31, 2017 totaled $4.7 million.

No other customer accounted for 10% or more of the Company's revenue during the 2018 or 2017 first quarters.