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Segment Information (Tables) | 3 Months Ended
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Mar. 31, 2024
Segment Information [Abstract] |
Revenue by Segment | Revenue by Segment
|  | Three Months Ended March 31, |
(U.S. dollars in thousands) |  | 2024 |  |  | 2023 |
Nu Skin |  |  |  |  |  |
Americas |  | $ | 75,031 |  |  | $ | 101,157 |
Mainland China |  |  | 61,067 |  |  |  | 67,976 |
Southeast Asia/Pacific |  |  | 60,065 |  |  |  | 67,810 |
Japan |  |  | 44,236 |  |  |  | 52,606 |
Europe & Africa |  |  | 42,273 |  |  |  | 47,444 |
South Korea |  |  | 40,963 |  |  |  | 70,324 |
Hong Kong/Taiwan |  |  | 30,466 |  |  |  | 34,548 |
Other |  |  | 672 |  |  |  | (115 | )
Total Nu Skin |  |  | 354,773 |  |  |  | 441,750 |
Rhyz Investments |  |  |  |  |  |  |  |
Manufacturing (1) |  |  | 50,302 |  |  |  | 35,767 |
Rhyz other |  |  | 12,231 |  |  |  | 3,945 |
Total Rhyz Investments |  |  | 62,533 |  |  |  | 39,712 |
Total |  | $ | 417,306 |  |  | $ | 481,462 |
(1) | The Rhyz Investments Manufacturing segment had $8.6 million and $11.8 million of intersegment revenue for the three-month period ended March 31, 2024 and 2023, respectively. Intersegment revenue is eliminated in the consolidated financial statements, as well as the reported segment revenue in the table above.
Segment Contribution | Segment Contribution
|  | Three Months Ended March 31, |
(U.S. dollars in thousands) |  | 2024 |  |  | 2023 |
Nu Skin |  |  |  |  |  |
Americas |  | $ | 14,976 |  |  | $ | 16,250 |
Mainland China |  |  | 12,253 |  |  |  | 13,612 |
Southeast Asia/Pacific |  |  | 11,084 |  |  |  | 12,471 |
Japan |  |  | 12,006 |  |  |  | 12,908 |
Europe & Africa |  |  | 3,276 |  |  |  | 3,638 |
South Korea |  |  | 12,183 |  |  |  | 23,575 |
Hong Kong/Taiwan |  |  | 7,367 |  |  |  | 7,834 |
Nu Skin contribution |  |  | 73,145 |  |  |  | 90,288 |
Rhyz Investments |  |  |  |  |  |  |  |
Manufacturing |  |  | 1,967 |  |  |  | (1,373 | )
Rhyz other |  |  | (5,942 | ) |  |  | (1,960 | )
Total Rhyz Investments |  |  | (3,975 | ) |  |  | (3,333 | )
Total segment contribution |  |  | 69,170 |  |  |  | 86,955 |
Corporate and other |  |  | (60,348 | ) |  |  | (70,891 | )
Operating income |  |  | 8,822 |  |  |  | 16,064 |
Interest expense |  |  | 7,325 |  |  |  | 4,888 |
Other income (expense), net |  |  | (396 | ) |  |  | 3,412 |
Income before provision for income taxes |  | $ | 1,101 |  |  | $ | 14,588 |
Depreciation and Amortization and Capital Expenditures | Depreciation and Amortization
|  | Three Months Ended March 31, |
(U.S. dollars in thousands) |  | 2024 |  |  | 2023 |
Nu Skin |  |  |  |  |  |
Americas |  | $ | 105 |  |  | $ | 66 |
Mainland China |  |  | 2,774 |  |  |  | 2,775 |
Southeast Asia/Pacific |  |  | 249 |  |  |  | 280 |
Japan |  |  | 81 |  |  |  | 1,054 |
Europe & Africa |  |  | 273 |  |  |  | 282 |
South Korea |  |  | 245 |  |  |  | 453 |
Hong Kong/Taiwan |  |  | 579 |  |  |  | 453 |
Total Nu Skin |  |  | 4,306 |  |  |  | 5,363 |
Rhyz Investments |  |  |  |  |  |  |  |
Manufacturing |  |  | 3,335 |  |  |  | 3,424 |
Rhyz other |  |  | 1,886 |  |  |  | 592 |
Total Rhyz Investments |  |  | 5,221 |  |  |  | 4,016 |
Corporate and other |  |  | 8,910 |  |  |  | 7,604 |
Total |  | $ | 18,437 |  |  | $ | 16,983 |
Capital Expenditures
|  | Three Months Ended March 31, |
(U.S. dollars in thousands) |  | 2024 |  |  | 2023 |
Nu Skin |  |  |  |  |  |
Americas |  | $ | 21 |  |  | $ | 100 |
Mainland China |  |  | 2,689 |  |  |  | 4,035 |
Southeast Asia/Pacific |  |  | 9 |  |  |  | 64 |
Japan |  |  | — |  |  |  | 5 |
Europe & Africa |  |  | 165 |  |  |  | 119 |
South Korea |  |  | 22 |  |  |  | 154 |
Hong Kong/Taiwan |  |  | 198 |  |  |  | 260 |
Total Nu Skin |  |  | 3,104 |  |  |  | 4,737 |
Rhyz Investments |  |  |  |  |  |  |  |
Manufacturing |  |  | 1,349 |  |  |  | 1,481 |
Rhyz other |  |  | 635 |  |  |  | — |
Total Rhyz Investments |  |  | 1,984 |  |  |  | 1,481 |
Corporate and other |  |  | 7,193 |  |  |  | 5,269 |
Total |  | $ | 12,281 |  |  | $ | 11,487 |

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