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Summary of Significant Accounting Policies (Tables)
3 Months Ended
Sep. 30, 2018
Summary of Significant Accounting Policies  
Schedule of the Company's net sales by medical indication

 

 

 

 

 

 

 

 

  

 

Three Months Ended

(In thousands)

 

September 30,

Medical Indication

    

2018

    

2017

Antibiotic

 

$

4,089

 

$

3,349

Anti-Psychosis

 

 

10,889

 

 

14,991

Cardiovascular

 

 

21,770

 

 

11,306

Central Nervous System

 

 

7,197

 

 

8,818

Gallstone

 

 

2,214

 

 

6,564

Gastrointestinal

 

 

15,040

 

 

14,553

Glaucoma

 

 

548

 

 

2,668

Migraine

 

 

9,737

 

 

15,015

Muscle Relaxant

 

 

3,179

 

 

3,791

Pain Management

 

 

4,947

 

 

5,761

Respiratory

 

 

1,015

 

 

1,647

Thyroid Deficiency

 

 

53,878

 

 

47,214

Urinary

 

 

1,552

 

 

2,997

Other

 

 

14,338

 

 

12,696

Contract manufacturing revenue

 

 

4,661

 

 

3,591

Total

 

$

155,054

 

$

154,961

 

The Company sells its products to customers in various distribution channels.  The table below presents the Company’s net sales to each distribution channel for the three months ended September 30:

 

 

 

 

 

 

 

 

(In thousands)

    

September 30,

    

September 30,

Customer Distribution Channel

 

2018

 

2017

Wholesaler/Distributor

 

$

116,354

 

$

120,801

Retail Chain

 

 

25,041

 

 

18,768

Mail-Order Pharmacy

 

 

8,998

 

 

11,801

Contract manufacturing revenue

 

 

4,661

 

 

3,591

Total

 

$

155,054

 

$

154,961

 

Summary of products which accounted for at least 10% of total net sales

 

 

 

 

 

 

 

 

    

2018

    

2017

 

 

 

 

 

 

 

Product 1

 

35

%  

30

%

 

Summary of customers which accounted for at least 10% of total net sales

 

 

 

 

 

 

 

 

    

2018

    

2017

 

 

 

 

 

 

 

Customer A

 

29

%  

27

%

Customer B

 

18

%  

20

%