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Major Customers
12 Months Ended
Dec. 31, 2016
Major Customers [Abstract]  
Major Customers [Text Block]

Note 10—Major Customers

The Company’s customers operate in industries that are, to a varying extent, subject to rapid technological change, vigorous competition and short product life cycles. Developments adverse to the electronics industry, the Company’s customers or their products could impact the Company’s overall credit risk.

The Company extends credit based on evaluation of its customers’ financial condition and generally does not require collateral or other security from its customers and would incur a loss equal to the carrying value of the accounts receivable if its customer failed to perform according to the terms of the credit arrangement.

Sales to the ten largest customers represented 43%, 47% and 50% of total sales for 2016, 2015 and 2014, respectively. Sales to our largest customers were as follows for the indicated periods:

Year ended December 31,
(in thousands)201620152014
International Business Machines Corporation$*$284,098$312,611
Arris Group, Inc.$*$*$315,688

* amount is less than 10% of total.