MARKET SECTORS AND MAJOR CUSTOMERS

12 Months Ended

Sep. 30, 2014

A summary of sales, according to the market sector within which IEC’s customers operate, follows:



	Three Months Ended		Years Ended
% of Sales by Sector	September 30, 2014	September 30, 2013	September 30, 2014	September 30, 2013

Aerospace & Defense (previously Military & Aerospace)	46%	49%	49%	51%
Medical	23%	20%	20%	20%
Industrial	26%	22%	25%	21%
Communications & Other	5%	9%	6%	8%
	100%	100%	100%	100%

Two individual customers represented 10% or more of sales for the year ended September 30, 2014. One customer in the Industrial sector represented 16% of sales and one customer in the Medical sector represented 14% of sales. In the prior fiscal year, one customer in the Industrial sector represented 15% of sales. Two individual customers represented 10% or more of receivables and accounted for 33% of outstanding balances at September 30, 2014. At September 30, 2013 one individual customer represented 10% or more of receivables and accounted for 13% of such outstanding balances.

Credit risk associated with individual customers is periodically evaluated by analyzing the entity’s financial condition and payment history. Customers generally are not required to post collateral.

- 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.

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