Annual report pursuant to Section 13 and 15(d)

Note L - Segment Information

v3.20.4
Note L - Segment Information
 12 Months Ended
Jan. 02, 2021
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

NOTE L—SEGMENT INFORMATION

 

USANA operates as a direct selling company that develops, manufactures, and distributes high quality nutritional and personal care products that are sold through a network marketing system of Associates. The Company aggregates its operating segments into one reportable segment, as management believes that the Company’s segments exhibit similar long-term financial performance and have similar economic characteristics. Performance for a region or market is evaluated based on sales. No single Associate accounted for 10% or more of net sales for the periods presented.  The table below summarizes the approximate percentage of total product revenue that has been contributed by the Company’s nutritionals, foods, and personal care and skincare products for the periods indicated.

 

   

Year Ended

  
                   
   

2020

    

2019

    

2018

  
                   

USANA Nutritionals

   85%     83%     82%  

USANA Foods

   7%     8%     9%  

Personal care and Skincare (1)

   7%     8%     8%  

All Other

   1%     1%     1%  

 

___________________________________

 

(1)

The Company launched Celavive in every market except China in the first quarter of 2018 and launched in China late in the third quarter of 2018.

 

Selected Financial Information

 

Financial information, presented by geographic region is listed below:

 

   

Year Ended

  
                         
   

2020

    

2019

    

2018

  

Net Sales to External Customers

                        

Asia Pacific

                        

Greater China

   $ 530,505     $ 535,995     $ 654,394  

Southeast Asia Pacific

     269,555       220,085       225,469  

North Asia

     114,964       96,187       76,720  

Asia Pacific Total

     915,024       852,267       956,583  
                         

Americas and Europe

     219,620       208,635       232,665  
                         

Consolidated Total

   $ 1,134,644     $ 1,060,902     $ 1,189,248  

 

 

 

   

January 2,

    

December 28,

  
    2021     2019  

Long-lived Assets

                

Asia Pacific

                

Greater China

   $ 96,570     $ 95,569  

Southeast Asia Pacific

     18,662       16,630  

North Asia

     9,813       10,466  

Asia Pacific Total

     125,045       122,665  
                 

Americas and Europe

     85,916       61,900  
                 

Consolidated Total

   $ 210,961     $ 184,565  
                 

Total Assets

                

Asia Pacific

                
Greater China   $ 272,607     $ 254,997  

Southeast Asia Pacific

     72,167       49,786  

North Asia

     24,535       21,903  
Asia Pacific Total     369,309       326,686  
                 

Americas and Europe

     271,578       190,248  
                 
Consolidated Total   $ 640,887     $ 516,934  

 

The following table provides further information on markets representing ten percent or more of consolidated net sales and long-lived assets, respectively:

 

   

Year Ended

  
                         
   

2020

    

2019

    

2018

  
                         

Net sales:

                        

China

   $ 470,177     $ 471,165     $ 586,518  
                         
                         

Long-lived Assets:

                        

China

   $ 92,692     $ 90,886        

United States

   $ 82,167     $ 54,809