Quarterly report pursuant to Section 13 or 15(d)

Note J - Segment Information

v3.20.2
Note J - Segment Information
 9 Months Ended
Sep. 26, 2020
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

    

Nine Months Ended

  
   

September 26,

   

September 28,

    

September 26,

   

September 28,

  
   

2020

    

2019

    

2020

    

2019

  

USANA® Nutritionals

   85%     81%     83%     83%  

USANA Foods

   9%     9%     11%     8%  

Personal care and Skincare

   5%     9%     5%     8%  

All Other

   1%     1%     1%     1%  

 

Selected Financial Information

 

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

 

   

Quarter Ended

    

Nine Months Ended

  
   

September 26,

   

September 28,

    

September 26,

   

September 28,

  
   

2020

    

2019

    

2020

    

2019

  

Net Sales to External Customers

                                

Asia Pacific

                                

Greater China

   $ 136,013     $ 130,947     $ 391,446     $ 404,046  

Southeast Asia Pacific

     76,313       54,327       192,694       162,802  

North Asia

     28,969       23,299       82,072       68,102  

Asia Pacific Total

     241,295       208,573       666,212       634,950  

Americas and Europe

     57,218       52,025       157,911       154,654  

Consolidated Total

   $ 298,513     $ 260,598     $ 824,123     $ 789,604  

 

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

 

   

Quarter Ended

    

Nine Months Ended

  
   

September 26,

    

September 28,

    

September 26,

    

September 28,

  
   

2020

    

2019

    

2020

    

2019

  

Net sales:

                                

China

   $ 120,523     $ 115,424     $ 346,526     $ 355,571  

Philippines

   $ 33,585     $ 15,935       N/A       N/A  
United States   $ 27,560     $ 28,137       N/A       N/A  

 

   

As of

  
   

September 26,

   

December 28,

 
   

2020

    

2019

  

Long-lived assets:

                

China

   $ 89,208     $ 90,886  

United States

   $ 61,439     $ 54,809