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Economic Dependency
9 Months Ended
Mar. 31, 2012
Economic Dependency

F. Economic Dependency

We had substantial net sales to certain customers during the periods shown in the following table. The loss of any of these customers, or a significant decline in sales, or the growth rate of sales to these customers, or in their ability to make payments when due, could have a material adverse impact on our net sales and net income. Net sales to any one customer representing 10% or more of the respective period’s total net sales were as follows (dollars in thousands):

 

$00,000.0 $00,000.0 $00,000.0 $00,000.0 $00,000.0 $00,000.0 $00,000.0 $00,000.0
    Three Months Ended March 31,     Nine Months Ended March 31,  
                      2012                                        2011                                        2012                                        2011                   
        Net Sales by    
Customer
        % of Total    
Net Sales
        Net Sales by    
Customer
        % of Total    
Net Sales
        Net Sales by    
Customer
        % of Total    
Net Sales
        Net Sales by    
Customer
        % of Total    
Net Sales
 

Customer 1

  $ 7,963          46%      $ 7,088         53%      $ 24,444          47%      $ 21,579          52%   

Customer 2

    2,893          17           3,079         23           10,730          21           8,846          21      
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
  $ 10,856          63%      $ 10,167         76%      $ 35,174          68%      $ 30,425          73%   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

 

We buy certain products, including beta-alanine, from a limited number of raw material suppliers. The loss of any of these suppliers could have a material adverse impact on our net sales and net income. Raw material purchases from any one supplier representing 10% or more of the respective period’s total raw material purchases were as follows (dollars in thousands):

 

    Three Months Ended March 31,     Nine Months Ended March 31,  
    2012     2011     2012     2011  
    Raw Material
Purchases by

Supplier
    % of  Total
Raw

Material
Purchases
    Raw Material
Purchases by

Supplier
    % of  Total
Raw

Material
Purchases
    Raw Material
Purchases by

Supplier
    % of  Total
Raw

Material
Purchases
    Raw Material
Purchases by

Supplier
    % of  Total
Raw

Material
Purchases
 

Supplier 1

    (a)          (a)          (a)         (a)        $ 2,419            10%        (a)         (a)     

Supplier 2

    (a)          (a)        $ 490         12%        (a)            (a)        (a)         (a)     

Supplier 3

    (a)          (a)          (a)         (a)          (a)            (a)      $ 1,791         11%   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 
    (a)          (a)        $ 490         12%      $ 2,419            10%      $ 1,791         11%   
 

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

   

 

 

 

(a)  Purchases were less than 10% of the respective period’s total raw material purchases.