Note F - Economic Dependency

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Concentration Risk Disclosure [Text Block]

F. 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 c

ustomers, 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 consolidated net sales were as follows (in thousands):

	Three Months Ended December 31,				Six Months Ended December 31,
	2016		2015		2016		2015
Customer 1	$	15,074	$	11,902	$	32,152	$	18,691
Customer 2		(a)		3,304		(a)		6,339
	$	15,074	$	15,206	$	32,152	$	25,030

(a)

   Sales were less than

10%

of the respective period’s total revenues.

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 (in thousands):

	Three Months Ended December 31,					Six Months Ended December 31,
	2016		2015			2016		2015
Supplier 1		(a)		(a)			(a)	$	3,097	12%
Supplier 2		(a)	$	1,395	12%		(a)		(a)
	$	-	$	1,395	12%	$	-	$	3,097	12%

(a) Purchases were less than

10%

of the respective period

’s total raw material purchases.