Significant Customers

3 Months Ended

May 31, 2013

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Significant Customers. Due to the concentration in the automotive industry, management believes that sales to individual automotive-related 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, 2013 and 2012.


	% of Consolidated Net Sales for the Three Months Ended May 31,
Customer	2013			2012
Chrysler		21	%		20	%
US Steel		13	%		16	%
Ford		6	%		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, 2013, and February 28, 2013.


	% of Consolidated Gross Accounts Receivable
Customer	May 31, 2013			February 28, 2013
Chrysler		22	%		18	%
Ford		6	%		8	%
US Steel		6	%		5	%

- 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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