Note J - Economic Dependency

12 Months Ended

Jun. 30, 2015

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):

	2015						2014
	Net Sales by Customer			% of Total Net Sales			Net Sales by Customer			% of Total Net Sales
Customer 1	$	29,724			43	%	$	25,252			38	%
Customer 2		11,018			16	%		11,256			17	%
Customer 3		8,090			12	%		(a	)		(a	)
Customer 3		(a	)		(a	)		10,960			16	%
	$	48,832			71	%	$	47,468			71	%

(a)

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

Accounts receivable from these customers totaled $4.6 million at June 30, 2015 and $3.1 million at June 30, 2014.

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 2015 and 2014, we did not have any suppliers that individually represented greater than 10% of our raw material purchases.