Major Customers and Suppliers
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12 Months Ended |
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Jan. 03, 2015
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Major Customers and Suppliers [Abstract] | |
Major Customers and Suppliers |
Major Customers and Suppliers
For the fiscal year ended January 3, 2015, one customer represented 14% of our total revenues. For the fiscal year ended December 28, 2013, one customer represented 10% of our total revenues. As of January 3, 2015, and December 28, 2013, three customers and two customers, respectively, each represented more than 10% of our total trade receivables, for a total of 46% and 42%, respectively, of our total trade receivables.
During the two fiscal years ended January 3, 2015 and December 28, 2013, we purchased a vast majority of appliances for resale from three suppliers. We have and are continuing to secure other vendors from which to purchase appliances. However, the curtailment or loss of one of these suppliers or any appliance supplier could adversely affect our operations.
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- 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. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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