Note L - Segment Information

12 Months Ended

Jan. 01, 2022

Notes to Financial Statements

Segment Reporting Disclosure [Text Block]

NOTE L—SEGMENT INFORMATION

USANA operates as a direct selling company that develops, manufactures, and distributes high-quality nutritional and personal care products that are sold via our independent distributors through a direct selling channel. 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.

	Year Ended
	2021	2020	2019
USANA Nutritionals	86%	85%	83%
USANA Foods	7%	7%	8%
Personal care and Skincare (1)	6%	7%	8%
All Other	1%	1%	1%

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(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, presented by geographic region is listed below:

	Year Ended
	2021		2020		2019
Net Sales to External Customers
Asia Pacific
Greater China	$	563,469	$	530,505	$	535,995
Southeast Asia Pacific		269,803		269,555		220,085
North Asia		129,920		114,964		96,187
Asia Pacific Total		963,192		915,024		852,267
Americas and Europe		223,272		219,620		208,635
Consolidated Total	$	1,186,464	$	1,134,644	$	1,060,902

	January 1,		January 2,
	2022		2021
Long-lived Assets
Asia Pacific
Greater China	$	95,965	$	96,570
Southeast Asia Pacific		15,394		18,662
North Asia		7,395		9,813
Asia Pacific Total		118,754		125,045
Americas and Europe		89,030		85,916
Consolidated Total	$	207,784	$	210,961
Total Assets
Asia Pacific
Greater China	$	274,002	$	272,607
Southeast Asia Pacific		62,332		72,167
North Asia		25,592		24,535
Asia Pacific Total		361,926		369,309
Americas and Europe		215,814		271,578
Consolidated Total	$	577,740	$	640,887

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

	Year Ended
	2021		2020		2019
Net sales:
China	$	506,103	$	470,177	$	471,165
South Korea	$	125,835	$	110,807	$	92,919
Long-lived Assets:
China	$	91,530	$	92,692
United States	$	85,350	$	82,167