23. Major Customers and Suppliers
|3 Months Ended|
Mar. 30, 2019
|Risks and Uncertainties [Abstract]|
|Major Customers and Suppliers||
Note 23: Major Customers and Suppliers
For the 13 weeks ended March 30, 2019, two customers represented 10% or more of our total revenues for a combined total of 26%. For the 13 weeks ended March 31, 2018, two customers represented more than 10% of our total revenues for a combined total of 43%. As of March 30, 2019, three customers each represented 10% or more of our total trade receivables for a combined total of 43%. As of December 29, 2018, three customers represented more than 10% of our total trade receivables, for a total of 38% of our total trade receivables.
During the 13 weeks ended March 30, 2019 and March 31, 2018, we purchased appliances for resale from four 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.
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://fasb.org/us-gaap/role/ref/legacyRef