Goodwill

12 Months Ended

Dec. 31, 2023

Goodwill [Abstract]

Goodwill

4. Goodwill

The following table presents goodwill allocated to the Company’s reportable segments for the periods ended December 31, 2023 and 2022 (U.S. dollars in thousands):

	December 31,
	2023		2022
Nu Skin
Americas	$	9,449	$	9,449
Mainland China		32,179		32,179
Southeast Asia/Pacific		18,537		18,537
South Korea		29,261		29,261
Japan		16,019		16,019
Europe & Africa		2,875		2,875
Hong Kong/Taiwan		6,634		6,634
Rhyz
Manufacturing		78,875		78,875
Rhyz Other		36,939		12,603
Total	$	230,768	$	206,432

All of the Company’s goodwill is recorded in U.S. dollar functional currency and allocated to the respective segments. Goodwill is not amortized; rather, it is subject to annual impairment tests.

The increase in the Rhyz Other segment goodwill during the year ended December 31, 2023 is due to acquisitions. See Note 19 for further discussions of these acquisitions.