Note G - Economic Dependency

9 Months Ended

Mar. 31, 2015

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 March 31,										Nine Months Ended March 31,
	2015					2014					2015					2014
	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	$	7,051		41	%	$	6,321		36	%	$	22,999		45	%	$	16,849		35	%
Customer 2		3,763		22			2,823		16			8,355		16			8,484		18
Customer 3	(a)		(a)				2,921		17		(a)		(a)				7,960		17
Customer 4		1,864		11		(a)		(a)			(a)		(a)			(a)		(a)
	$	12,678		74	%	$	12,065		69	%	$	31,354		61	%	$	33,293		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,
	2015					2014		2015		2014
	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	$	810		12	%	(a)	(a)	(a)	(a)	(a)	(a)
	$	810		12	%	(a)	(a)	(a)	(a)	(a)	(a)

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