XML 50 R19.htm IDEA: XBRL DOCUMENT v2.4.0.8
Significant Customers
3 Months Ended
Sep. 28, 2014
Significant Customers  
Significant Customers

NOTE 14 — Significant Customers

 

The Company had sales to three significant customers for the three month period ended September 28, 2014 and four significant customers for the three month periods ended September 29, 2013, which represented approximately 25.3%, and 41.8%, respectively, of the Company’s total sales.  The concentration of the Company’s business with a relatively small number of customers may expose it to a material adverse effect if one or more of these large customers were to experience financial difficulty or were to cease being customer for non-financial related issues.  The Company sells a majority of its products in the MIM business to medical and dental, firearm and defense, consumer, and automotive industries.

 

 

 

Percentage of Sales

 

Customer

 

September 28,
2014

 

September 29,
2013

 

1

 

8.8

%

10.4

%

2

 

7.6

%

14.0

%

3

 

8.9

%

*

%

4

 

*

%

9.1

%

5

 

*

%

8.3

%

 

 

*Customer represented less than 5% of sales for the periods presented.

 

 

 

Percentage of Receivables

 

Customer

 

September 28,
2014

 

June 30, 2014

 

1

 

11.4

%

11.6

%

2

 

6.3

%

8.3

%

3

 

5.5

%

**

%

 

 

**Customer represented less than 5% of accounts receivable for the periods presented.