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MARKET SECTORS AND MAJOR CUSTOMERS
12 Months Ended
Sep. 30, 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
 
 
Years Ended
 
 
 
September 30,
 
 
September 30,
 
 
September 30,
 
 
September 30,
 
% of Sales by Sector
 
2013
 
 
2012
 
 
2013
 
 
2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Military & Aerospace
 
 
49%
 
 
 
50%
 
 
 
51%
 
 
 
43%
 
Medical
 
 
20%
 
 
 
21%
 
 
 
20%
 
 
 
22%
 
Industrial
 
 
22%
 
 
 
22%
 
 
 
21%
 
 
 
25%
 
Communications & Other
 
 
9%
 
 
 
7%
 
 
 
8%
 
 
 
10%
 
 
 
 
100%
 
 
 
100%
 
 
 
100%
 
 
 
100%
 
 
One individual customer in the Industrial sector represented 15% of sales for the year ended September 30, 2013.  No other customers represented 10% or more of sales for the current period.  Two individual customers represented 10% or more of sales for the year ended September 30, 2012: one customer in the Industrial sector represented 19% of sales and one customer in the Medical sector represented 15% of sales.  Individual customers representing 10% or more of receivables accounted for 13% of outstanding balances at September 30, 2013 (one customer), and 10% of outstanding receivable balances at September 30, 2012 (one customer).
 
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.