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Significant Customers and Concentration of Credit Risk | 9 Months Ended
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Sep. 28, 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. Some 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 and three quarters ended September 28, 2020, one customer accounted for approximately 13% and 10% of the Company’s net sales, respectively. There were no other customers that accounted for 10% or more of net sales for the quarter and three quarters ended September 28, 2020. There were no customers that accounted for 10% or more of net sales for the quarter and three quarters ended September 30, 2019.

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- Definition The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 275 -URI http://asc.fasb.org/topic&trid=2134479 + Details
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- References No definition available. + Details
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