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Note J - Economic Dependency
12 Months Ended
Jun. 30, 2014
Risks and Uncertainties [Abstract]  
Concentration Risk Disclosure [Text Block]

J. Economic Dependency


We had substantial net sales to certain customers during the fiscal years ended June 30 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 year’s total private-label contract manufacturing net sales were as follows (dollars in thousands):


   

2014

   

2013

 
   

Net Sales by
Customer

   

% of Total
Net Sales

   

Net Sales by
Customer

   

% of Total
Net Sales

 

Customer 1

  $ 25,252       38 %   $ 28,404       50 %

Customer 2

    11,256       17 %     10,638       19 %

Customer 3

    10,960       16 %  

(a)

   

(a)

 
    $ 47,468       71 %   $ 39,042       69 %

 

(a)

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


Accounts receivable from these customers totaled $3.1 million at June 30, 2014 and $3.0 million at June 30, 2013.


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. During fiscal 2014 and 2013, we did not have any suppliers that individually represented greater than 10% of our raw material purchases.