SEGMENT AND GEOGRAPHIC INFORMATION

12 Months Ended

Dec. 31, 2021

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:

	2021		2020		2019
Net product sales:
United States	$	514,437	$	431,024	$	478,790
Canada, Mexico and Other		51,606		36,403		44,826
	$	566,043	$	467,427	$	523,616
Long-lived assets:
United States	$	178,936	$	155,664	$	155,428
Canada		27,051		28,765		30,412
Mexico and Other		2,919		2,899		2,615
	$	208,906	$	187,328	$	188,455

Sales revenues from Wal-Mart Stores, Inc. aggregated approximately 22.7%, 23.5%, and 24.2% of net product sales during the year ended December 31, 2021, 2020 and 2019, respectively. Sales revenues from Dollar Tree, Inc. (which includes Family Dollar which was acquired by Dollar Tree) aggregated approximately 12.1%, 11.7%, and 11.3% of net product sales during the year ended December 31, 2021, 2020 and 2019, 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 21.0% in 2021 and 22.1% in 2020 and 17.7% in 2019. At December 31, 2021 and 2020, the Company’s three largest customers discussed above accounted for approximately 36% and 21% of total accounts receivable, respectively.