Business and Credit Concentrations

12 Months Ended

Dec. 31, 2014

Significant portions of the Company’s net sales are as follows:



	Year Ended December 31,
	2014		2013		2012
Net sales to foreign customers outside the U.S. and Canada	33	%	37	%	40	%
Net sales to SANG	*		12	%	11	%


*	Represents less than 10% of net sales.

The terms and conditions of sales to SANG are consistent with the Company’s standard terms and conditions of product sales as discussed in Note 1 above. All receivable balances outstanding for this customer as of December 31, 2014 were paid as of the date of this report. No other individual customer accounted for more than 10% of the Company’s net sales for the years ended December 31, 2014, 2013, and 2012, respectively.

- 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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