Concentration of Credit Risk

3 Months Ended

Mar. 31, 2017

Concentration Risk Disclosure [Text Block]

Note 7 - Concentration of Credit Risk

Concentration of credit risk with respect to trade accounts receivable is generally limited due to the large number of entities comprising the Company's customer base. The Company performs ongoing credit evaluations and provides an allowance for potential credit losses against the portion of accounts receivable which is estimated to be uncollectible. Such losses have historically been within management's expectations. During the three months ended March 31, 2017 and 2016, there were two customers whose purchases represented more than 10% of the Company’s consolidated net sales, respectively. Sales to these customers for the three months ended March 31, 2017 and 2016 are as follows:

	Three Months Ended					Three Months Ended
	March 31, 2017					March 31, 2016
Customer	Net Sales		% of Net Sales			Net Sales		% of Net Sales
Customer A	$	4,427,000		28.8	%	$	5,165,000		34.0	%
Customer B	$	2,609,000		17.0	%	$	2,340,000		15.4	%

As of March 31, 2017, the total amounts owed to the Company by these customers were approximately $3,301,000 or 27.7%, and $2,657,000 or 22.3%, of the Company’s consolidated net accounts receivable, respectively. The amounts owed at March 31, 2016 by these customers were approximately $2,498,000 or 25.1%, and $3,546,000 or 35.6% of the Company’s consolidated net accounts receivable, respectively.