INDUSTRY SECTORS AND MAJOR CUSTOMERS

9 Months Ended

Jun. 29, 2012

Risks and Uncertainties [Abstract]

Concentration Risk Disclosure [Text Block]

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						Nine months ended
	June 29,			July 1,			June 29,			July 1,
% of Sales by Sector	2012			2011			2012			2011
Military & Aerospace		44	%		50	%		40	%		52	%
Medical		20	%		22	%		22	%		21	%
Industrial		26	%		19	%		27	%		18	%
Communications & Other		10	%		9	%		11	%		9	%
		100	%		100	%		100	%		100	%

Two individual customers represented 10% or more of sales for the nine month period ended June 29, 2012.  For 2012, one customer in the Industrial sector represented 19.6% of sales and one customer in the Medical sector represented 16.5% of sales.  For the nine month period ended July 1, 2011, one customer in the Medical sector represented 14.7% of sales.  Individual customers representing 10% or more of receivables accounted for 22.8% of outstanding balances at June 29, 2012 (two customers), and 14.7% (one customer) at July 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.