Note F - Economic Dependency

9 Months Ended

Mar. 31, 2018

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 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 consolidated net sales were as follows (in thousands):

	Three Months Ended March 31 ,				Nine Months Ended March 31 ,
	2018		2017		2018		2017

Customer 1	$	17,229	$	11,046	$	49,521	$	43,198
Customer 2		3,668	(a)			10,908	(a)
	$	20,897	$	11,046	$	60,429	$	43,198

(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 March 31 ,				Nine Months Ended March 31 ,
	2018		2017		2018		2017

Supplier 1	$	2,076		1,317	$	5,068	(a)
Supplier 2	(a)			1,683	(a)		(a)
Supplier 3	(a)			1,646	(a)		(a)
	$	2,076	$	4,646	$	5,068		—

(a)

Purchases were less than

10%

of the respective period’s total raw material purchases.