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Note 9 - Concentration of Credit Risk
6 Months Ended
Jun. 30, 2019
Notes to Financial Statements  
Concentration Risk Disclosure [Text Block]
Not
e
9
- Concentration of Credit Risk
 
Concentration of credit risk with respect to trade accounts receivable is generally limited due to the large 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
and
six
months ended
June 30, 2019
and
2018,
there were
two
customers whose purchases represented more than
10%
of the Company’s consolidated net sales, respectively. Sales to these customers for the
three
ended
June 30, 2019
and
2018
are as follows:
 
   
Three Months Ended
   
Three Months Ended
 
   
June 30
, 201
9
   
June 30
, 201
8
 
Customer
 
Net Sales
   
% of Net Sales
   
Net Sales
   
% of Net Sales
 
Customer A
  $
4,179,000
     
34
%   $
4,871,000
     
30
%
Customer B
  $
2,769,000
     
22
%   $
3,660,000
     
23
%
 
Sales to these customers for the
six
months ended
June 30, 2019
and
2018
are as follows:
 
   
Six Months Ended
   
Six Months Ended
 
   
June 30, 2019
   
June 30, 2018
 
Customer
 
Net Sales
   
% of Net Sales
   
Net Sales
   
% of Net Sales
 
Customer A
  $
6,337,000
     
25
%   $
7.343,000
     
24
%
Customer B
  $
6,630,000
     
27
%   $
8,110,000
     
27
%
 
As of
June 30, 2019,
the total amounts owed to the Company by these customers were approximately
$2,488,000
or
28%,
and
$1,044,000
or
12%,
of the Company’s consolidated net accounts receivable, respectively. The amounts owed at
June 30, 2018
by these customers were approximately
$4,808,000
or
54%,
and
$1,524,000
or
17%
of the Company’s consolidated net accounts receivable, respectively.