Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v2.4.0.8
Segment Information
 6 Months Ended
Jun. 29, 2013
Segment Information [Abstract]  
Segment Information

NOTE D – SEGMENT INFORMATION

 

USANA operates in a single operating segment as a direct selling company that develops, manufactures, and distributes high-quality nutritional and personal care products that are sold through a global network marketing system of independent distributors (“Associates”).  As such, management has determined that the Company operates in one reportable business segment.  Performance for a region or market is primarily evaluated based on sales.  The Company does not use profitability reports on a regional or market basis for making business decisions.  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 nutritional and personal care products for the periods indicated. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Six Months Ended

 

 

 

June 30,

 

June 29,

 

June 30,

 

June 29,

 

 

 

2012

 

2013

 

2012

 

2013

 

 

 

 

 

 

 

 

 

 

 

USANA® Nutritionals

 
79% 

 
81% 

 
79% 

 
80% 

 

USANA Foods

 
12% 

 
12% 

 
12% 

 
12% 

 

Sensé – beautiful science®

 
7% 

 
6% 

 
7% 

 
6% 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

·

North America/Europe – United States, Canada, Mexico, the United Kingdom,  France (1), Belgium (1), and the Netherlands.   

 

·

Asia Pacific –

 

·

Southeast Asia Pacific – Australia, New Zealand, Singapore, Malaysia, the Philippines, and Thailand (1)

 

·

Greater China – Hong Kong, Taiwan and China(2)

 

·

North Asia – Japan and South Korea

 

 

(1)         The Company commenced operations in Thailand, France, and Belgium at the end of the first quarter of 2012.

(2)   The Company’s business in China is that of BabyCare, its wholly-owned subsidiary.

 

 

 

NOTE D – SEGMENT INFORMATION - CONTINUED

 

Selected Financial Information

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Six Months Ended

 

 

 

June 30,

 

June 29,

 

June 30,

 

June 29,

 

 

 

2012

 

2013

 

2012

 

2013

 

 

 

 

 

 

 

 

 

 

 

Net Sales to External Customers

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

North America/Europe

 

$             62,464

 

$             66,769

 

$           121,096

 

$           130,921

 

Asia Pacific

 

 

 

 

 

 

 

 

 

Southeast Asia Pacific

 
34,271 

 
37,475 

 
66,523 

 
72,784 

 

Greater China

 
56,770 

 
77,388 

 
113,405 

 
140,373 

 

North Asia

 
7,396 

 
7,504 

 
13,997 

 
14,140 

 

Asia Pacific Total

 
98,437 

 
122,367 

 
193,925 

 
227,297 

 

 

 

 

 

 

 

 

 

 

 

Consolidated Total

 

$           160,901

 

$           189,136

 

$           315,021

 

$           358,218

 

 

 

 

 

 

 

 

 

 

 

 

 

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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Quarter Ended

 

Six Months Ended

 

 

 

June 30,

 

June 29,

 

June 30,

 

June 29,

 

 

 

2012

 

2013

 

2012

 

2013

 

 

 

 

 

 

 

 

 

 

 

Net sales:

 

 

 

 

 

 

 

 

 

Hong Kong

 

$             43,547

 

$             45,938

 

$             87,354

 

$             87,535

 

United States

 
39,108 

 
40,087 

 
75,586 

 
80,325 

 

China

 

N/A

 
23,559 

 

N/A

 
36,984 

 

Canada

 
16,246 

 

N/A

 
32,435 

 

N/A

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

As of

 

 

 

 

 

 

 

December 29,

 

June 29,

 

 

 

 

 

 

 

2012

 

2013

 

Long-lived Assets:

 

 

 

 

 

 

 

 

 

China

 

 

 

 

 

$             59,130

 

$             58,822

 

United States

 

 

 

 

 
46,559 

 
47,969 

 

Australia

 

 

 

 

 
15,121 

 
13,138