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Note G - Economic Dependency
6 Months Ended
Dec. 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, or a significant decline in sales to these customers, the growth rate of sales to these customers, or in these customers’ 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):
(a)
 
 
 
Three Months Ended December 31,
 
 
Six Months Ended December 31,
 
 
 
201
5
 
 
201
4
 
 
201
5
 
 
201
4
 
 
 
Net Sales by
Customer
 
 
% of Total
Contract Camnufacturing
 
 
Net Sales by
Customer
 
 
% of Total
Net Sales
 
 
Net Sales by
Customer
 
 
% of Total
Contract Camnufacturing
 
 
Net Sales by
Customer
 
 
% of Total
Net Sales
 
Customer 1
  $ 11,902       55 %   $ 8,951       54 %   $ 18,691       49 %   $ 15,948       47 %
Customer 2
    3,304       15       1,753       10       6,339       17       (a)       (a)  
Customer 3
    (a)       (a)       1,683       10       (a)       (a)       4,591       13  
Customer 4
    (a)       (a)       1,915       11       (a)       (a)       4,124       12  
    $ 15,206       70 %   $ 14,302       85 %   $ 25,030       66 %   $ 24,663       72 %
 
 
(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,
 
 
 
201
5
 
 
201
4
 
 
201
5
 
 
201
4
 
 
 
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)       (a)       (a)     $ 3,097       12 %     (a)       (a)  
Supplier 2
    1,395       12 %     (a)       (a)       (a)       (a)       (a)       (a)  
Supplier 3
    (a)       (a)       792       12 %   $ (a)       (a)       1,827       12 %
Supplier 4
    (a)       (a)       766       11 %     (a)       (a)       (a)       (a)  
    $ 1,395       12 %     1,558       23 %   $ 3,097       12 %     1,827       12 %
 
 
(a)
Purchases were less than 10% of the respective period’s total raw material purchases.