Customer Concentration

6 Months Ended

Jun. 30, 2013

Customer Concentration [Abstract]

Customer Concentration

12.  Customer Concentration

Direct sales, through both of its business segments, to the Company's largest customer, Spirit Aerosystems ("Spirit"), accounted for 29.2% and 12.6% of the Company's total revenues for the three months ended June 30, 2013 and 2012, respectively.  Direct sales to Spirit accounted for 29.0% and 12.5% of the Company's total revenues for the six months ended June 30, 2013 and 2012, respectively.  Accounts receivable balances related to Spirit were 23.4% and 27.9% of the Company's total accounts receivable balance at June 30, 2013 and December 31, 2012, respectively.

Direct sales, through both of its business segments, to the Company's second largest customer, Gulfstream Aerospace Corporation, a General Dynamics company ("Gulfstream"), accounted for 15.3% and 16.8% of the Company's total revenues for the three months ended June 30, 2013 and 2012, respectively.  Direct sales to Gulfstream accounted for 16.8% and 16.3% of the Company's total revenues for the six months ended June 30, 2013 and 2012, respectively.  Accounts receivable balances related to Gulfstream were 18.1% and 5.6% of the Company's total accounts receivable balance at June 30, 2013 and December 31, 2012, respectively.

Direct sales, through both of its business segments, to the Company's third largest customer, The Boeing Company ("Boeing"), accounted for 15.0% and 20.1% of the Company's total revenues for the three months ended June 30, 2013 and 2012, respectively.  Direct sales to Boeing accounted for 16.4% and 20.3% of the Company's total revenues for the six months ended June 30, 2013 and 2012, respectively.  Accounts receivable balances based on direct sales related to Boeing were 9.0% and 11.3% of the Company's total accounts receivable balance at June 30, 2013 and December 31, 2012, respectively.