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Economic Dependency
3 Months Ended
Sep. 30, 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 private label contract manufacturing net sales were as follows (dollars in thousands):

 

    Three Months Ended September 30,  
    2012     2011  
     Net Sales by 
 Customer 
     % of Total 
 Net Sales 
     Net Sales by 
Customer
     % of Total 
Net Sales
 

 

Customer 1

    $   2,909           20 %            $   4,285           26 %       

Customer 2

    7,724           52                8,425           51            
 

 

 

   

 

 

   

 

 

   

 

 

 
 

 

 

 

$ 10,633   

 

  

    72 %            $ 12,710           77 %       
 

 

 

   

 

 

   

 

 

   

 

 

 

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 September 30,  
    2012   2011  
    Raw Material
Purchases by
Supplier
     % of Total 
Raw
Material
Purchases
  Raw Material
Purchases by
Supplier
     % of Total 
Raw
Material
Purchases
 

 

Supplier 1

    (a)         (a)      $ 1,026          15 %      

Supplier 2

    (a)         (a)     724          10          
 

 

 

   

 

 

 

 

   

 

 

 
 

 

 

 

(a)   

 

  

  (a)      $   1,750           25 %      
 

 

 

   

 

 

 

 

   

 

 

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