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Significant Customers
3 Months Ended
May 31, 2012
Significant Customers
(9)   Significant Customers. Due to the concentration in the automotive industry, management believes that sales to individual automotive customers are significant. The following table shows sales to the Company’s significant customers as a percentage of consolidated net sales for the three months ended May 31, 2012 and 2011.

 

     % of Consolidated
Net Sales for the
Three Months Ended
May 31,
 

Customer

   2012     2011  

Chrysler

     20     16

US Steel

     16     26

Ford

     11     11

The following table shows gross accounts receivable from the Company’s significant customers as a percentage of total consolidated gross accounts receivable as of May 31, 2012, and February 29, 2012.

 

     % of Consolidated Gross Accounts
Receivable
 

Customer

   May 31,
2012
    February 29,
2012
 

Chrysler

     20     18

Ford

     11     15

US Steel

     9     12