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MARKET SECTORS AND MAJOR CUSTOMERS
9 Months Ended
Jun. 28, 2013
Risks and Uncertainties [Abstract]  
Concentration Risk Disclosure [Text Block]
NOTE 16. MARKET SECTORS AND MAJOR CUSTOMERS
 
A summary of sales, according to the market sector within which IEC's customers operate, follows:
 
 
 
Three Months Ended
 
Nine Months Ended
 
 
 
June 28,
 
June 29,
 
June 28,
 
June 29,
 
% of Sales by Sector
 
2013
 
2012
 
2013
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Military & Aerospace
 
 
47
%
 
44
%
 
50
%
 
40
%
Medical
 
 
20
%
 
20
%
 
19
%
 
22
%
Industrial
 
 
22
%
 
26
%
 
21
%
 
27
%
Communications & Other
 
 
11
%
 
10
%
 
10
%
 
11
%
 
 
 
100
%
 
100
%
 
100
%
 
100
%
 
One individual customer in the Industrial sector represented 15.6% of sales for the nine months ended June 28, 2013. No other customers represented 10% or more of sales for the current nine month period. Two individual customers represented 10% or more of sales for the nine months ended June 29, 2012: one customer in the Industrial sector represented 19.6% of sales and one customer in the Medical sector represented 16.5% of sales. No individual customers represented 10% or more of receivables at June 28, 2013, while two customers accounted for 22.8% of outstanding receivable balances at June 29, 2012.
 
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.