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SEGMENT AND GEOGRAPHIC INFORMATION
 12 Months Ended
Dec. 31, 2018
SEGMENT AND GEOGRAPHIC INFORMATION  
SEGMENT AND GEOGRAPHIC INFORMATION

NOTE 9—SEGMENT AND GEOGRAPHIC INFORMATION:

 

The Company operates as a single reportable segment encompassing the manufacture and sale of confectionery products. Its principal manufacturing operations are located in the United States and Canada, and its principal market is the United States. The Company also manufactures confectionery products in Mexico primarily for sale in Mexico, and exports products to Canada and other countries worldwide.

 

The following geographic data includes net product sales summarized on the basis of the customer location and long-lived assets based on their physical location:

 

 

 

 

 

 

 

 

 

 

 

 

 

    

2018

    

2017

    

2016

    

Net product sales:

 

 

 

 

 

 

 

 

 

 

United States

 

$

471,561

 

$

472,222

 

$

475,055

 

Canada, Mexico and Other

 

 

43,690

 

 

43,452

 

 

42,318

 

 

 

$

515,251

 

$

515,674

 

$

517,373

 

Long-lived assets:

 

 

 

 

 

 

 

 

 

 

United States

 

$

151,770

 

$

145,210

 

$

147,296

 

Canada

 

 

31,843

 

 

30,823

 

 

29,806

 

Mexico and Other

 

 

2,488

 

 

2,939

 

 

3,803

 

 

 

$

186,101

 

$

178,972

 

$

180,905

 

 

Sales revenues from Wal-Mart Stores, Inc. aggregated approximately 24.1%,  24.0%, and 23.3% of net product sales during the years ended December 31, 2018, 2017 and 2016, respectively. Sales revenues from Dollar Tree, Inc. (which includes Family Dollar which was acquired by Dollar Tree) aggregated approximately 11.2%,  10.9%, and 10.4% of net product sales during the years ended December 31, 2018, 2017 and 2016, respectively. Some of the aforementioned sales to Wal-Mart and Dollar Tree are sold to McLane Company, a large national grocery wholesaler, which services and delivers certain of the Company’s products to Wal-Mart, Dollar Tree and other retailers in the U.S.A. Net product sales revenues from McLane, which includes these Wal-Mart and Dollar Tree sales as well as sales and deliveries to other Company customers, were 17.4% in 2018 and 16.9% in 2017 and 16.3% in 2016. At December 31, 2018 and 2017, the Company’s three largest customers discussed above accounted for approximately 31% and 32% of total accounts receivable, respectively.