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Note G - Economic Dependency
9 Months Ended
Mar. 31, 2016
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):
 
 
 
Three Months Ended March 31,
 
 
Nine Months Ended March 31,
 
 
 
2016
 
 
2015
 
 
2016
 
 
2015
 
 
 
Net Sales by
Customer
 
 
% of Total
Contract
Manufacturing
 
 
Net Sales by
Customer
 
 
% of Total
Contract
Manufacturing
 
 
Net Sales by
Customer
 
 
% of Total
Contract
Manufacturing
 
 
Net Sales by
Customer
 
 
% of Total
Contract
Manufacturing
 
Customer 1
  $ 13,023       53 %   $ 7,051       41 %   $ 31,714       51 %   $ 22,999       45 %
Customer 2
    3,367       14       1,864       11       9,705       16       (a)       (a)  
Customer 3
    3,196       13       3,763       22       6,805       11       8,355       16  
    $ 19,586       80 %   $ 12,678       74 %   $ 48,224       78 %   $ 31,354       61 %
 
(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,
 
 
 
201
6
 
 
201
5
 
 
201
6
 
 
201
5
 
 
 
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)     $ 810       12 %     (a)       (a)       (a)       (a)  
                                                                 
      (a)       (a)     $ 810       12 %     (a)       (a)       (a)       (a)  
 
(a)
Purchases were less than 10% of the respective period’s total raw material purchases.