Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.19.3
Segment Information
9 Months Ended
Sep. 28, 2019
Segment Information [Abstract]  
Segment Information NOTE L – SEGMENT INFORMATION

USANA operates as a direct selling company that develops, manufactures, and distributes high-quality nutritional, personal care and skincare products that are sold through a global 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

Nine Months Ended

September 29,

September 28,

September 29,

September 28,

2018

2019

2018

2019

USANA® Nutritionals

83%

81%

82%

83%

USANA Foods

9%

9%

9%

8%

Personal care and Skincare

7%

9%

8%

8%

All Other

1%

1%

1%

1%


NOTE L – SEGMENT INFORMATION – CONTINUED

Selected financial information for the Company is presented for two geographic regions: Asia Pacific (with three sub-regions), and Americas and Europe. Individual markets are categorized into these regions as follows:

Asia Pacific –

Greater China – Hong Kong, Taiwan and China. The Company’s business in China is conducted by BabyCare Holding, Ltd. (“BabyCare”), a wholly-owned subsidiary;

Southeast Asia Pacific – Australia, New Zealand, Singapore, Malaysia, the Philippines, Thailand, and Indonesia;

North Asia – Japan and South Korea

Americas and Europe – United States, Canada, Mexico, Colombia, the United Kingdom, France, Germany(1), Spain(1), Italy(1), Romania(1), Belgium, and the Netherlands

(1) The Company commenced operations in Germany, Spain, Italy, and Romania near the end of the second quarter of 2018.

Selected Financial Information

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

Quarter Ended

Nine Months Ended

September 29,

September 28,

September 29,

September 28,

2018

2019

2018

2019

Net Sales to External Customers

Asia Pacific

Greater China

$

160,932

$

130,947

$

486,581

$

404,046

Southeast Asia Pacific

58,770

54,327

169,769

162,802

North Asia

19,899

23,299

56,969

68,102

Asia Pacific Total

239,601

208,573

713,319

634,950

Americas and Europe

57,166

52,025

176,906

154,654

Consolidated Total

$

296,767

$

260,598

$

890,225

$

789,604

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

Quarter Ended

Nine Months Ended

September 29,

September 28,

September 29,

September 28,

2018

2019

2018

2019

Net sales:

China

$

144,625

$

115,424

$

436,327

$

355,571

As of

December 29,

September 28,

2018

2019

Long-lived assets:

China

$

89,509

$

88,850

United States

$

49,195

$

52,448