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Concentration of Credit Risk
 3 Months Ended
Mar. 31, 2012
Risks and Uncertainties [Abstract]  
Concentration Risk Disclosure [Text Block]

Note 7 - Concentration of Credit Risk

 

Concentration of credit risk with respect to trade accounts receivable is generally limited due to the number of entities comprising the Company's customer base. The Company performs ongoing credit evaluations and provides an allowance for potential credit losses against the portion of accounts receivable which is estimated to be uncollectible. Such losses have historically been within management's expectations. During the three months ended March 31, 2012, there were two customers, respectively whose purchases represented more than 10% of the Company’s consolidated net sales. During the three months ended March 31, 2011, there were three customers, respectively whose purchases represented more than 10% of the Company’s consolidated net sales. Sales to the top two and three customers for the three months ended March 31, 2012 and 2011 are as follows:

 

    Three Months Ended     Three Months Ended  
    March 31, 2012     March 31, 2011  
Customer   Net Sales     % of Net
Sales		     Net Sales     % of Net
Sales		  
Customer A   $ 3,753,000       27.2%   $ 3,884,000       30.6%
Customer B   $ 1,634,000       11.8%   $ 1,633,000       12.9%
Customer C                   $ 1,323,000       10.4%

 

 

As of March 31, 2012, the total amount owed to the Company by these customers was $2,276,000 or 30.1% and $557,000 or 7.4% of the Company’s consolidated accounts receivables, respectively. The amounts owed at March 31, 2011 were $3,562,000 or 35.4%, $149,000 or 1.5%, and $1,134,000 or 11.3% of the Company’s consolidated net accounts receivables, respectively.