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Significant Customers and Concentration of Credit Risk
6 Months Ended
Jun. 29, 2020
Risks And Uncertainties [Abstract]  
Significant Customers and Concentration of Credit Risk

(12) Significant Customers and Concentration of Credit Risk

In the normal course of business, the Company extends credit to its customers. Most customers to which the Company extends credit are located outside the United States. The Company performs ongoing credit evaluations of customers, does not require collateral, and considers the credit risk profile of the entity from which the receivable is due in further evaluating collection risk.

The Company’s customers include both OEMs and EMS companies. The Company’s OEM customers often direct a significant portion of their purchases through EMS companies. While the Company’s customers include both OEM and EMS providers, the Company measures customer concentration based on OEM companies, as they are the ultimate end customers. For the quarter ended June 29, 2020, one customer accounted for approximately 11% of the Company’s net sales. There were no other customers that accounted for 10% or more of net sales for the quarter ended June 29, 2020. There were no customers that accounted for 10% or more of net sales for the quarter ended July 1, 2019 and two quarters ended June 29, 2020 and July 1, 2019.