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Note G - Economic Dependency
9 Months Ended
Mar. 31, 2014
Risks and Uncertainties [Abstract]  
Concentration Risk Disclosure [Text Block]

G. 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 March 31,

   

Nine Months Ended March 31,

 
   

2014

   

2013

   

2014

   

2013

 
   

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

  $ 6,321       36 %   $ 7,304       50 %   $ 16,849       35 %   $ 22,172       53 %

Customer 2

    2,823       16       2,455       17       8,484       18       7,072       17  

Customer 3

    2,921       17       1,483       10       7,960       17    

(a)

   

(a)

 
    $ 12,065       69 %   $ 11,242       77 %   $ 33,293       70 %   $ 29,244       70 %

 

(a)

Sales were less than 10% of the respective period’s total private label contract manufacturing net sales.


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,

 
   

2014

   

2013

   

2014

   

2013

 
   

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)     $ 829,000       14 %     (a)       (a)       (a)       (a)  
      (a)       (a)     $ 829,000       14 %     (a)       (a)       (a)       (a)  

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