Concentration of Risk

9 Months Ended

Apr. 30, 2015

9.	Concentration of Risk

One dealer, FreedomRoads, LLC (“FreedomRoads”), accounted for 16% of the Company’s continuing consolidated net sales for both the nine months ended April 30, 2015 and the nine months ended April 30, 2014. This dealer also accounted for 19% of the Company’s consolidated trade accounts receivable at April 30, 2015 and 21% at July 31, 2014. The loss of this dealer could have a significant effect on the Company’s business.

- Definition

The entire disclosure for any concentrations existing at the date of the financial statements that make an entity vulnerable to a reasonably possible, near-term, severe impact. This disclosure informs financial statement users about the general nature of the risk associated with the concentration, and may indicate the percentage of concentration risk as of the balance sheet date.

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