XML 40 R28.htm IDEA: XBRL DOCUMENT v3.10.0.1

SEGMENT INFORMATION (Tables)

9 Months Ended

Sep. 30, 2018

SEGMENT INFORMATION [Abstract]

Revenue by Segment

Revenue by Segment

		Three Months Ended September 30,								Nine Months Ended September 30,
(U.S. dollars in thousands)		2018				2017				2018				2017
Mainland China		$	226,645			$	172,556			$	669,432			$	494,658
Americas/Pacific			93,580				85,672				289,859				240,094
South Korea			89,963				89,238				270,517				258,626
Southeast Asia			86,307				71,141				236,390				194,711
Japan			63,649				62,513				190,986				188,465
Hong Kong/Taiwan			44,949				41,050				138,147				120,069
EMEA			42,819				40,133				131,810				112,385
Other			27,400				1,395				68,580				3,890
Total		$	675,312			$	563,698			$	1,995,721			$	1,612,898

Segment Contribution

Segment Contribution

		Three Months Ended September 30,								Nine Months Ended September 30,
(U.S. dollars in thousands)		2018				2017				2018				2017
Mainland China		$	71,185			$	42,375			$	189,901			$	130,085
Americas/Pacific			11,848				14,106				38,088				37,884
South Korea			24,754				23,713				75,836				70,503
Southeast Asia			21,204				17,380				58,245				43,763
Japan			15,162				12,786				41,777				36,134
Hong Kong/Taiwan			8,100				8,096				23,781				20,945
EMEA			2,614				2,896				10,438				8,304
Total segment contribution			154,867				121,352				438,066				347,618
Corporate and other			(74,192	)			(56,990	)			(215,637	)			(172,255	)
Operating income			80,675				64,362				222,429				175,363
Other income (expense)			(6,982	)			(1,172	)			(16,940	)			(8,470	)
Income before provision for income taxes		$	73,693			$	63,190			$	205,489			$	166,893

Depreciation and Amortization and Capital Expenditures

Depreciation and Amortization

		Three Months Ended September 30,								Nine Months Ended September 30,
(U.S. dollars in thousands)		2018				2017				2018				2017
Mainland China		$	3,132			$	3,550			$	10,063			$	11,202
Americas/Pacific			229				375				722				1,425
South Korea			1,421				1,586				4,664				4,872
Southeast Asia			525				551				1,648				1,628
Japan			873				898				2,688				2,677
Hong Kong/Taiwan			279				353				923				999
EMEA			238				226				589				820
Other			15,994				9,906				41,536				28,902
Total		$	22,691			$	17,455			$	62,833			$	52,525

Capital Expenditures

		Three Months Ended September 30,								Nine Months Ended September 30,
(U.S. dollars in thousands)		2018				2017				2018				2017
Mainland China		$	2,117			$	688			$	5,015			$	2,351
Americas/Pacific			223				136				652				697
South Korea			135				—				179				464
Southeast Asia			357				281				552				814
Japan			125				109				508				206
Hong Kong/Taiwan			31				2				629				1,119
EMEA			348				571				425				882
Other			10,528				9,427				34,333				32,432
Total		$	13,864			$	11,214			$	42,293			$	38,965

Revenue by Product Line

Revenue by Product Line

		Three Months Ended September 30,								Nine Months Ended September 30,
		2018				2017				2018				2017
Nu Skin		$	384,635			$	338,305			$	1,237,547			$	985,465
Pharmanex			261,892				224,031				687,789				623,046
Other			28,785				1,362				70,385				4,387
Totals		$	675,312			$	563,698			$	1,995,721			$	1,612,898

Long-lived Assets by Major Markets

Long-Lived Assets by Major Market

A major market is defined as a market with long-lived assets greater than 10% of consolidated long-lived assets and also includes the Company’s country of domicile (the U.S.). Long-lived assets in Mainland China consist primarily of property, plant and equipment related to manufacturing, distribution facilities and the Mainland China headquarters. Long-lived assets in the U.S. consist primarily of property, plant and equipment, including the Company’s corporate offices and distribution facilities. Long-lived assets by major markets are set forth below for the periods ended September 30, 2018 and December 31, 2017 (U.S. dollars in thousands):

		September 30, 2018				December 31, 2017
United States		$	357,426			$	302,884
Mainland China			84,680				97,046
South Korea			36,609				42,211
Japan			7,195				9,342
All others			10,794				13,104
Total		$	496,704			$	464,587

X

- Definition

Tabular disclosure of long-lived assets, excluding financial instruments, long-term customer relationships of a financial institution, mortgage rights, deferred policy acquisition costs, and deferred tax assets, by geographic areas located in the entity's country of domicile and foreign countries in which the entity holds assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-Subparagraph b
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599

+ Details

Name:	us-gaap_LongLivedAssetsByGeographicAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of each significant reconciling item, other than profit (loss), revenues, or assets, in the reconciliation of totals of such items in reportable segments to the entity's corresponding consolidated amount.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOtherSignificantReconcilingItemsFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of entity-wide revenues from external customers for each product or service or each group of similar products or services if the information is not provided as part of the reportable operating segment information.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9031-108599

+ Details

Name:	us-gaap_ScheduleOfEntityWideInformationRevenueFromExternalCustomersByProductsAndServicesTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration