Quarterly report pursuant to Section 13 or 15(d)

Note J - Segment Information

v3.21.1
Note J - Segment Information
 3 Months Ended
Apr. 03, 2021
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]

NOTE J – 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 independent distributors (“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.

 

             
   

Quarter Ended

  
   

April 3,

    

March 28,

  
   

2021

    

2020

  

USANA® Nutritionals

   87%     86%  

USANA Foods(1)

   7%     8%  

Personal care and Skincare

   5%     5%  

All Other

   1%     1%  

 

(1) Includes the Company's new Active Nutrition line, which launched in five markets late in the first quarter of 2021 and will roll out to additional markets throughout the year.  

 

Selected Financial Information

 

Financial information by geographic region is presented for the periods indicated below:

 

                 
   

Quarter Ended

  
   

April 3,

    

March 28,

  
   

2021

    

2020

  

Net Sales to External Customers

                

Asia Pacific

                

Greater China

   $ 148,978     $ 131,432  

Southeast Asia Pacific

     72,148       56,922  

North Asia

     30,165       27,251  

Asia Pacific Total

     251,291       215,605  

Americas and Europe

     56,685       51,014  

Consolidated Total

   $ 307,976     $ 266,619  

 

The following table provides further information on markets representing 10% or more of consolidated net sales and long-lived assets, respectively:

 

   

Quarter Ended

  
   

April 3,

    

March 28,

  
   

2021

    

2020

  

Net sales:

                

China

   $ 134,303     $ 115,478  

   

As of

  
   

April 3,

    

January 2,

  
   

2021

    

2021

  

Long-lived assets:

                

China

  

$

90,293

    

$

92,692

  

United States

  

$

81,348

    

$

82,167