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Note G - Economic Dependency
6 Months Ended
Dec. 31, 2013
Risks and Uncertainties [Abstract]  
Concentration Risk Disclosure [Text Block]

G. Economic Dependency


We had substantial net sales to certain customers during the periods shown in the following table. The loss of any of these customers, or a significant decline in sales, or the growth rate of sales to these customers, or in their ability to make payments when due, could have a material adverse impact on our net sales and net income. Net sales to any one customer representing 10% or more of the respective period’s total private label contract manufacturing net sales were as follows (dollars in thousands):


   

Three Months Ended December 31,

   

Six Months Ended December 31,

 
   

2013

   

2012

   

2013

   

2012

 
   

Net Sales by
Customer

   

% of Total
Net Sales

   

Net Sales by
Customer

   

% of Total
Net Sales

   

Net Sales by
Customer

   

% of Total
Net Sales

   

Net Sales by
Customer

   

% of Total
Net Sales

 

Customer 1

  $ 5,229       35 %   $ 7,335       59 %   $ 10,509       35 %   $ 15,059       55 %

Customer 2

    2,026       14       1,709       14       5,660       19       4,618       17  

Customer 3

    3,070       20       1,361       11       5,038       17    

(a)

   

(a)

 
    $ 10,325       69 %   $ 10,405       84 %   $ 21,207       71 %   $ 19,677       72 %

(a) Sales were less than 10% of the respective period’s total private label contract manufacturing net sales.


We buy certain products, including beta-alanine, from a limited number of raw material suppliers. The loss of any of these suppliers could have a material adverse impact on our net sales and net income. Raw material purchases from any one supplier representing 10% or more of the respective period’s total raw material purchases were as follows (dollars in thousands):


   

Three Months Ended December 31,

   

Six Months Ended December 31,

 
   

2013

   

2012

   

2013

   

2012

 
   

Raw Material
Purchases by
Supplier

   

% of Total
Raw
Material
Purchases

   

Raw Material
Purchases by
Supplier

    % of Total
Raw
Material
Purchases
   

Raw Material
Purchases by
Supplier

   

% of Total
Raw
Material
Purchases

   

Raw Material
Purchases by
Supplier

   

% of Total
Raw
Material
Purchases

 

Supplier 1

    (a)       (a)     $ 732       13 %     (a)       (a)     $ 1,223       10 %
      (a)       (a)     $ 732       13 %     (a)       (a)     $ 1,223       10 %

 

(a)

Purchases were less than 10% of the respective period’s total raw material purchases.