INDUSTRY SECTORS AND MAJOR CUSTOMERS

6 Months Ended

Mar. 30, 2012

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.

	Three months ended						Six months ended
	March 30,			April 1,			March 30,			April 1,
% of Sales by Sector	2012			2011			2012			2011
Military & Aerospace		43	%		52	%		43	%		53	%
Industrial & Communications		36	%		25	%		32	%		27	%
Medical & Other		21	%		23	%		25	%		20	%
		100	%		100	%		100	%		100	%

Two individual customers represented 10% or more of sales for each of the six month periods ended March 30, 2012 and April 1, 2011. For 2012, one customer in the Industrial & Communications sector represented 20.0% of sales and one customer in the Medical & Other sector represented 18.9% of sales. For 2011, one customer in the Industrial & Communications sector represented 14.5% of sales and one customer in the Military & Aerospace sector represented 11.7% of sales. Individual customers representing 10% or more of receivables accounted for 22.9% of outstanding balances at March 30, 2012 (two customers), and 29.4% (two customers) at April 1, 2011.

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.