Note K - Segment Information

9 Months Ended

Oct. 02, 2021

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE K – 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
	October 2,			September 26,			October 2,			September 26,
	2021			2020			2021			2020
USANA® Nutritionals		85	%		85	%		86	%		83	%
USANA Foods(1)		8	%		9	%		8	%		11	%
Personal care and Skincare		6	%		5	%		5	%		5	%
All Other		1	%		1	%		1	%		1	%

⁽¹⁾ Includes the Company’s new Active Nutrition line, which launched in five markets late in the first quarter of 2021 and will roll out to additional markets in future periods. 

Selected Financial Information

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

	Quarter Ended				Nine Months Ended
	October 2,		September 26,		October 2,		September 26,
	2021		2020		2021		2020
Net Sales to External Customers
Asia Pacific
Greater China	$	123,235	$	136,013	$	437,629	$	391,446
Southeast Asia Pacific		64,570		76,313		212,819		192,694
North Asia		33,068		28,969		100,671		82,072
Asia Pacific Total		220,873		241,295		751,119		666,212
Americas and Europe		53,479		57,218		168,046		157,911
Consolidated Total	$	274,352	$	298,513	$	919,165	$	824,123

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
	October 2,		September 26,		October 2,		September 26,
	2021		2020		2021		2020
Net sales:
China	$	109,226	$	120,523	$	394,407	$	346,526
South Korea	$	32,117	$	27,792	$	97,474	$	79,317
Philippines	$	18,930	$	33,585	$	67,811	$	73,599

	As of
	October 2,		January 2,
	2021		2021
Long-lived assets:
China	$	90,748	$	92,692
United States	$	83,954	$	82,167