Quarterly report pursuant to Section 13 or 15(d)

Segment Information

v3.5.0.2
Segment Information
 6 Months Ended
Jul. 02, 2016
Segment Information [Abstract]  
Segment Information

NOTE H – 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 global network marketing system of independent distributors (“Associates”).  As such, management 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 nutritional and personal care products for the periods indicated.    









 

 

 

 

 

 

 

 

 



 

Quarter Ended

 

Six Months Ended

 



 

July 4,

 

July 2,

 

July 4,

 

July 2,

 



 

2015

 

2016

 

2015

 

2016

 



 

 

 

 

 

 

 

 

 

USANA® Nutritionals

 

 81% 

 

 82% 

 

 81% 

 

 82% 

 

USANA Foods

 

 12% 

 

 11% 

 

 12% 

 

 10% 

 

Sensé – beautiful science®

 

 6% 

 

 6% 

 

 6% 

 

 7% 

 



 

 

 

 

 

 

 

 

 



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



·

Asia Pacific –



·

Greater China – Hong Kong, Taiwan and China(1)

·

Southeast Asia Pacific – Australia, New Zealand, Singapore, Malaysia, the Philippines, Thailand, and Indonesia(2)

·

North Asia – Japan and South Korea



·

Americas and Europe – United States, Canada, Mexico, Colombia, the United Kingdom, France, Belgium, and the Netherlands.  







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

(2)The Company commenced operations in Indonesia in the fourth quarter of 2015.



NOTE H – SEGMENT INFORMATION - CONTINUED

Selected Financial Information



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









 

 

 

 

 

 

 

 

 



 

Quarter Ended

 

Six Months Ended

 



 

July 4,

 

July 2,

 

July 4,

 

July 2,

 



 

2015

 

2016

 

2015

 

2016

 



 

 

 

 

 

 

 

 

 

Net Sales to External Customers

 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 

Asia Pacific

 

 

 

 

 

 

 

 

 

Greater China

 

$           112,333

 

$           131,840

 

$           213,619

 

$           248,838

 

Southeast Asia Pacific

 

 46,033 

 

 51,123 

 

 91,372 

 

 99,984 

 

North Asia

 

 10,346 

 

 11,261 

 

 19,575 

 

 21,821 

 

Asia Pacific Total

 

 168,712 

 

 194,224 

 

 324,566 

 

 370,643 

 



 

 

 

 

 

 

 

 

 

Americas and Europe

 

 64,532 

 

 64,290 

 

 128,056 

 

 128,320 

 



 

 

 

 

 

 

 

 

 

Consolidated Total

 

$           233,244

 

$           258,514

 

$           452,622

 

$           498,963

 



 

 

 

 

 

 

 

 

 





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

 



 

July 4,

 

July 2,

 

July 4,

 

July 2,

 



 

2015

 

2016

 

2015

 

2016

 



 

 

 

 

 

 

 

 

 

Net sales:

 

 

 

 

 

 

 

 

 

China

 

$             94,476

 

$           115,835

 

$           178,286

 

$           216,334

 

United States

 

$             34,155

 

$             32,191

 

$             69,787

 

$             66,893

 



 

 

 

 

 

 

 

 

 



 

 

 

 

 

 

 

 

 



 

 

 

 

 

As of

 



 

 

 

 

 

January 2,

 

July 2,

 



 

 

 

 

 

2016

 

2016

 

Long-lived Assets:

 

 

 

 

 

 

 

 

 

China

 

 

 

 

 

$             92,835

 

$             94,036

 

United States

 

 

 

 

 

$             57,797

 

$             57,793