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Significant Customers
9 Months Ended
Mar. 27, 2016
Significant Customers  
Significant Customers

NOTE 13 – Significant Customers

 

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 a customer for non-financial related issues.  The Company’s revenue concentrations of 5% or greater are as follows:

 

 

 

 

 

 

 

 

 

 

 

 

 

Percentage of Sales

 

 

 

Three months ended

 

Nine months ended

 

 

March 27,

 

March 29,

 

March 27,

 

March 29,

 

Customer

    

2016

    

2015

    

2016

    

2015

 

1 (a)

 

11.0

%  

8.1

%  

9.8

%  

8.1

%

2 (b)

 

11.2

%  

*

%  

9.3

%  

*

%

3 (a)

 

8.6

%  

10.2

%  

8.9

%  

9.5

%

4 (a)

 

7.9

%  

5.9

%  

7.7

%  

7.4

%

5 (a)

 

5.8

%  

6.5

%  

5.9

%  

5.2

%

6 (a)

 

*  

%  

6.3

%  

*

%  

5.2

%

Total

 

44.5

%  

37.0

%  

41.6

%  

35.4

%


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

(a)

Revenue from this customer is generated through our Precision Components Group segment.

(b)

Revenue from this customer is generated through our 3DMT Group segment.

 

The Company’s accounts receivable concentrations of 5% or greater for the above-listed customers are as follows:

 

 

 

 

 

 

 

 

 

Percentage of Receivables

 

 

 

March 27,

 

June 30,

 

Customer

    

2016

    

2015

 

1

 

13.3

%  

9.0

%

2

 

9.5

%  

6.2

%

3

 

**

%  

7.0

%

4

 

7.8

%  

**

%

5

 

**

%  

**

%

6

 

**

%  

5.5

%  

Total

 

30.6

%  

27.7

%


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