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Concentrations of Risk
3 Months Ended
Mar. 31, 2023
Risks and Uncertainties [Abstract]  
Concentration of Risk

16. Concentrations of Risk

ODP Corporation ("ODP"), formerly Office Depot Inc., along with its subsidiaries and affiliates, is our largest customer in the Paper segment. Our Paper segment has had a long-standing commercial and contractual relationship with ODP. This relationship exposes us to a significant concentration of business and financial risk. Our sales to ODP represented approximately 5% and 4% of our total Company sales for the three month periods ended March 31, 2023 and 2022, respectively, and approximately 64% and 58% of our Paper segment sales revenue for those periods, respectively. At March 31, 2023 and December 31, 2022, we had $58.8 million and $52.4 million of accounts receivable due from ODP, respectively, which represents approximately 6% and 5% of our total Company receivables, respectively.