INDUSTRY SECTORS AND MAJOR CUSTOMERS

3 Months Ended

Dec. 30, 2011

INDUSTRY SECTORS AND MAJOR CUSTOMERS

NOTE 13. INDUSTRY SECTORS AND MAJOR CUSTOMERS

An analysis of sales, according to the industry sector within which IEC's customers operate, is presented below for the quarters ended December 30, 2011 and December 31, 2010.

	Three months ended
	December 30,		December 31,
% of Sales by Sector	2011		2010
Military & Aerospace		38%		54%
Industrial & Communications		34%		29%
Medical & Other		28%		17%
		100%		100%

Two individual customers represented 10% or more of sales, and accounted for 25% and 18% of sales in the quarter ended December 30, 2011. Three individual customers represented 10% or more of sales and accounted for 12%, 12% and 11% of sales in the quarter ended December 31, 2010. Individual customers representing 10% or more of receivables accounted for 31% of outstanding balances at December 30, 2011 (two customers), and 11% (one customer) at December 31, 2010.

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.