Note J - Economic Dependency

12 Months Ended

Jun. 30, 2016

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 consolidated net sales were as follows (dollars in thousands):

	Fiscal 2016		Fiscal 2015
Customer 1	$	49,442	$	29,724
Customer 2		13,952		8,090
Customer 3		(a)		11,018
	$	63,394	$	48,832

(a)

Sales were less than 10% of the respective period’s consolidated net sales.

Accounts receivable from these customers totaled $8.1 million at June 30, 2016 and $4.6 million at June 30, 2015.

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 2016 and 2015, we did not have any suppliers that individually represented greater than 10% of our raw material purchases.