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Significant Customers and Concentration of Credit Risk
9 Months Ended
Sep. 27, 2021
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 whom 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.

There were no customers that accounted for 10% or more of net sales for the quarter ended September 27, 2021. For the three quarters ended September 27, 2021, one customer accounted for approximately 10% of the Company’s net sales. 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.