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Concentrations of Risk
9 Months Ended
Sep. 30, 2022
Risks and Uncertainties [Abstract]  
Concentration of Risk

17. Concentrations of Risk

Our Paper segment has a long-standing commercial and contractual relationship with Office Depot, our largest customer in the paper business. This relationship exposes us to a significant concentration of business and financial risk. Our sales to Office Depot represent approximately 4% of our total Company sales revenue for both the nine month periods ended September 30, 2022 and 2021, respectively, and approximately 50% and 48% of our Paper segment sales revenue for both of those periods, respectively. For the full year 2021, sales to Office Depot represented 51% of our Paper segment sales. At September 30, 2022 and December 31, 2021, we had $43.5 million and $49.8 million of accounts receivable due from Office Depot, respectively, which represents approximately 4% of our total Company accounts receivable for the same periods.