Supplemental Financial Statement Information
|6 Months Ended|
Jun. 30, 2020
|Payables and Accruals [Abstract]|
|Supplemental Financial Statement Information||SUPPLEMENTAL FINANCIAL STATEMENT INFORMATION
Accrued Expenses and Other Current Liabilities
The following table summarizes the composition of accrued expenses and other current liabilities as of the dates indicated:
Our product offerings include premium, patented, child-resistant packaging, closed-system vaporization solutions and custom-branded retail products. For these product offerings, we generally receive a deposit from the customer (generally 50% of the total order cost, but the amount can vary by customer contract), when an order is placed by a customer. We typically complete orders related to customer deposits within four weeks to three months from the date of order, depending on the complexity of the customization and the size of the order. Changes in our customer deposits liability balance during the six months ended June 30, 2020 were as follows:
Accumulated Other Comprehensive Loss
The components of accumulated other comprehensive loss for the periods presented were as follows:
We have three major vendors whose products accounted for an aggregate of approximately 31.4% and 33.5% of our total net sales and 42.7% and 41.4% of our total purchases for the three and six months ended June 30, 2020, respectively, and an aggregate of approximately 62.4% and 60.6% of our total net sales and 66.4% and 62.5% of our total purchases for the three and six months ended June 30, 2019, respectively. We expect to maintain our existing relationships with these vendors.
The entire disclosures of supplemental information, including descriptions and amounts, related to the balance sheet, income statement, and/or cash flow statement.
No definition available.