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Note G - Economic Dependency
6 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
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, a significant decline in sales, the growth rate of sales to these customers or in the ability of these customers 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 December 31,
 
 
Six Months Ended December 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
  $ 8,951       54 %   $ 5,229       35 %   $ 15,948       47 %   $ 10,509       35 %
Customer 2
    1,683       10       2,026       14       4,591       13       5,660       19  
Customer 3
    1,915       11       3,070       20       4,124       12       5,038       17  
Customer 4
    1,753       10    
(a)
   
(a)
   
(a)
   
(a)
   
(a)
   
(a)
 
    $ 14,302       85 %   $ 10,325       69 %   $ 24,663       72 %   $ 21,207       71 %
 
(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 December 31,
 
 
Six Months Ended December 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
  $ 792       12 %     (a)       (a)     $ 1,827       12 %     (a)       (a)  
Supplier 2
  $ 766       11 %  
(a)
   
(a)
   
(a)
   
(a)
   
(a)
   
(a)
 
    $ 1,558       23 %  
(a)
   
(a)
    $ 1,827       12 %  
(a)
   
(a)
 
 
 
(a)
Purchases were less than 10% of the respective period’s total raw material purchases.