Long Term Debt (Tables)

12 Months Ended

Dec. 31, 2013

Long Term Debt [Abstract]

Summary of Long-Term Debt Arrangements

The Company currently has debt pursuant to various credit facilities and other borrowings.  The Company's book value for both the individual and consolidated debt included in the table below approximates fair value.  The estimated fair value of the Company's debt is based on interest rates available for debt with similar terms and remaining maturities.  The Company has classified these instruments as Level 2 in the fair value hierarchy.  The following tables summarize the Company's long-term debt arrangements as of December 31, 2013:

Facility or Arrangement(1)	Original Principal Amount		Balance as of December 31, 2012		Balance as of December 31, 2013(1)		Interest Rate	Repayment terms
Multi-currency uncommitted shelf facility:
U.S. dollar denominated:		$40.0 million		$22.9 million		$17.1 million	6.2%	Notes due July 2016 with annual principal payments that began in July 2010.
		$20.0 million		$14.3 million		$11.4 million	6.2%	Notes due January 2017 with annual principal payments that began in January 2011.
Japanese yen denominated:		3.1 billion yen		0.9 billion yen ($10.2 million as of December 31, 2012)		0.4 billion yen ($4.1 million as of December 31, 2013)	1.7%	Notes due April 2014 with annual principal payments that began in April 2008.
		2.3 billion yen		1.6 billion yen ($18.7 million as of December 31, 2012)		1.3 billion yen ($12.3 million as of December 31, 2013)	2.6%	Notes due September 2017 with annual principal payments that began in September 2011.
		2.2 billion yen		1.6 billion yen ($17.9 million as of December 31, 2012)		1.2 billion yen ($11.8 million as of December 31, 2013)	3.3%	Notes due January 2017 with annual principal payments that began in January 2011.
		8.0 billion yen		8.0 billion yen ($92.0 million as of December 31, 2012)		8.0 billion yen ($75.8 million as of December 31, 2013)	1.7%	Notes due May 2022 with annual principal payments that begin in May 2016.
Committed loan:
U.S. dollar denominated:		$30.0 million		$18.0 million		$0	N/A	N/A
Revolving credit facilities
2010		$35.0 million		N/A		$35.0 million	Variable 30 day: 0.670%	Revolving line of credit
2013(2)		$14.0 million		N/A		$14.0 million	Variable 30 day: 0.5933%	Revolving line of credit

⁽¹⁾ The current portion of the Company's long-term debt (i.e. becoming due in the next 12 months) includes $10.2 million of the balance of its Japanese yen-denominated debt under the multi-currency uncommitted shelf facility, $8.6 million of the balance on its U.S. dollar denominated debt under the multi-currency uncommitted shelf facility and $49.0 million of the Company's revolving loans.

⁽²⁾ On September 5, 2013, the Company entered into a loan agreement with Bank of America, N.A. for a 364 day revolving line of credit with a commitment amount of $50.0 million.  The interest rate is equal to 1 month LIBOR plus 42.5 basis points.

Maturities of Long-term Debt

Maturities of all long-term debt at December 31, 2013, based on the year-end exchange rate, are as follows (U.S. dollars in thousands):

Year Ending December 31,
2014	$	67,824
2015		14,592
2016		25,419
2017		19,705
2018		10,827
Thereafter		43,309
Total	$	181,676

TABLE OF CONTENTS

NU SKIN ENTERPRISES, INC.

Notes to Consolidated Financial Statements

9.Lease Obligations