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Segment Information (Tables)

12 Months Ended

Dec. 31, 2022

Segment Information [Abstract]

Revenue by Segment

Revenue by Segment

		Year Ended December 31,
(U.S. dollars in thousands)		2022				2021				2020
Nu Skin
Americas		$	508,537			$	547,755			$	453,022
Mainland China			360,389				568,774				625,538
Southeast Asia/Pacific			344,411				336,651				361,627
South Korea			268,707				354,252				326,478
Japan			224,896				266,216				273,681
EMEA			204,275				283,200				230,246
Hong Kong/Taiwan			157,197				162,611				161,117
Nu Skin Other			3,959				3,653				886
Total Nu Skin			2,072,371				2,523,112				2,432,595
Rhyz Investments
Manufacturing (1)			149,458				172,120				149,339
Rhyz Other			3,830				437				—
Total Rhyz Investments			153,288				172,557				149,339
Total		$	2,225,659			$	2,695,669			$	2,581,934

(1) The Manufacturing segment had $69.2 million, $84.5 million and $39.4 million of intersegment revenue for the years ended December 31, 2022, 2021 and 2020, respectively.  Intersegment revenue is eliminated in the consolidated financial statements and in the table above.

Segment Contribution

Segment Contribution

		Year Ended December 31,
(U.S. dollars in thousands)		2022				2021				2020
Nu Skin
Americas		$	110,522			$	116,265			$	86,386
Mainland China			72,362				151,645				181,024
Southeast Asia/Pacific			85,827				81,779				87,753
South Korea			81,804				114,034				100,933
Japan			54,976				67,511				68,027
EMEA			21,446				41,988				24,078
Hong Kong/Taiwan			35,253				37,330				33,466
Nu Skin contribution			462,190				610,552				581,667
Rhyz Investments
Manufacturing			3,570				18,346				21,168
Rhyz Other			(6,180	)			(1,813	)			—
Rhyz Investments contribution			(2,610	)			16,533				21,168
Total segment contribution			459,580				627,085				602,835
Corporate and other			(348,733	)			(393,093	)			(345,271	)
Operating income			110,847				233,992				257,564
Other income (expense)			(21,877	)			(1,533	)			(1,332	)
Income before provision for income taxes		$	88,970			$	232,459			$	256,232

Depreciation and Amortization and Capital Expenditures

Depreciation and Amortization

		Year Ended December 31,
(U.S. dollars in thousands)		2022				2021				2020
Nu Skin
Americas		$	591			$	871			$	984
Mainland China			12,177				13,345				11,056
Southeast Asia/Pacific			1,500				1,450				1,670
South Korea			1,616				3,279				3,620
Japan			1,011				906				1,876
EMEA			854				1,106				1,017
Hong Kong/Taiwan			3,743				3,637				2,912
Total Nu Skin			21,492				24,594				23,135
Rhyz Investments
Manufacturing			13,838				11,765				8,081
Rhyz Other			2,368				1,579				—
Total Rhyz Investments			16,206				13,344				8,081
Corporate and other			34,808				38,382				42,775
Total		$	72,506			$	76,320			$	73,991

Capital Expenditures

		Year Ended December 31,
(U.S. dollars in thousands)		2022				2021				2020
Nu Skin
Americas		$	204			$	714			$	1,061
Mainland China			10,692				24,382				19,363
Southeast Asia/Pacific			263				1,330				2,197
South Korea			727				854				1,420
Japan			225				194				3,128
EMEA			1,612				1,242				1,875
Hong Kong/Taiwan			3,338				736				708
Total Nu Skin			17,061				29,452				29,752
Rhyz Investments
Manufacturing			7,301				14,022				14,366
Rhyz Other			—				—				—
Total Rhyz Investments			7,301				14,022				14,366
Corporate and other			34,694				25,141				19,705
Total		$	59,056			$	68,615			$	63,823

Revenue by Major Market

A major market is defined as one with total revenue greater than 10% of consolidated total revenue. Based on this criteria, the Company has identified four major markets: Mainland China, South Korea, United States, and Japan. There are approximately 45 other markets, each of which individually is less than 10%. No single customer accounted for 10% or more of net sales for the periods presented. Sales are recorded in the jurisdiction in which the transactions occurred:

		Year Ended December 31,
(U.S. dollars in thousands)		2022				2021				2020
United States		$	537,081			$	540,253			$	425,155
Mainland China			360,389				568,774				625,538
South Korea			268,707				354,252				326,478
Japan			224,896				266,216				273,681
All others			834,586				966,174				931,082
Total		$	2,225,659			$	2,695,669			$	2,581,934

Revenue by Product Line

Revenue by Product Line

		Year Ended December 31,
(U.S. dollars in thousands)		2022				2021				2020
Beauty		$	1,069,714			$	1,442,659			$	1,491,803
Wellness			992,338				1,062,549				922,553
Other			163,607				190,461				167,578
Total		$	2,225,659			$	2,695,669			$	2,581,934

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 United States). 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 United States consist primarily of property, plant and equipment, including the Company’s corporate offices and distribution facilities. Long-lived assets by major market are set forth below for the periods ended December 31, 2022, 2021 and 2020:

		Year Ended December 31,
(U.S. dollars in thousands)		2022				2021				2020
United States		$	343,482			$	335,020			$	348,028
Mainland China			132,148				149,124				152,312
South Korea			30,867				25,364				39,104
Japan			18,011				23,929				31,085
All others			33,291				47,687				62,141
Total		$	557,799			$	581,124			$	632,670

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