Concentration of Credit Risk

6 Months Ended

Jan. 24, 2015

The Company’s customer base is highly concentrated, with its top five customers in each period accounting for approximately 59.8% and 58.2% of its total revenues during the six months ended January 24, 2015 and January 25, 2014, respectively. Customers whose revenues exceeded 10% of total revenue during the three or six months ended January 24, 2015 or January 25, 2014 are as follows:



	For the Three Months Ended		For the Six Months Ended
	January 24, 2015	January 25, 2014	January 24, 2015	January 25, 2014
AT&T Inc.	22.0%	18.7%	21.6%	18.0%
CenturyLink, Inc.	14.0%	14.4%	13.5%	15.0%
Comcast Corporation	13.1%	12.0%	12.9%	11.2%

Customers representing 10% or more of combined amounts of trade accounts receivable and costs and estimated earnings in excess of billings, net as of January 24, 2015 or July 26, 2014 had the following outstanding balances and the related percentage of the Company’s total outstanding balances:



	January 24, 2015				July 26, 2014
	Amount		% of Total		Amount		% of Total
			(Dollars in millions)
AT&T Inc.	$	84.1	18.1	%	$	87.6	17.9	%
Comcast Corporation	$	50.1	10.8	%	$	48.9	9.9	%
CenturyLink, Inc.	$	46.7	10.1	%	$	48.2	9.8	%

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

+ References+ Details