XML 37 R21.htm IDEA: XBRL DOCUMENT
v3.20.4

OPERATING BUSINESS SEGMENT AND INTERNATIONAL OPERATION INFORMATION | 12 Months Ended
--- | ---
Dec. 31, 2020
Segment Reporting [Abstract] |
OPERATING BUSINESS SEGMENT AND INTERNATIONAL OPERATION INFORMATION | OPERATING BUSINESS SEGMENT AND INTERNATIONAL OPERATION INFORMATION We have four business segments (Asia, Europe, North America, and Latin America and Other) based primarily upon the geographic region where each segment operates, as well as the internal organization of our officers and their responsibilities. Each of the geographic segments operate under the Nature’s Sunshine Products and Synergy® WorldWide brands. The Latin America and Other segment includes our wholesale business in which we sell products to various locally-managed entities, independent of the Company, that we have granted distribution rights for the relevant market. Historically, our operating segments were based on brand, customer base, geographical operations with three operating business segments under the Nature’s Sunshine Products brand (NSP Americas; NSP Russia, Central and Eastern Europe; and NSP China), and one operating business segment under the Synergy® WorldWide brand. Reportable business segment information for the years ended December 31, 2020 and 2019 is as follows (dollar amounts in thousands):
Year Ended December 31, |  | 2020 |  | 2019
Net sales: |  |  |  |
Asia |  | $ | 138,717 |  |  | $ | 138,536 |
Europe |  | 77,688 |  |  | 62,523 |
North America |  | 145,481 |  |  | 138,163 |
Latin America and Other |  | 23,319 |  |  | 22,993 |
Total net sales |  | 385,205 |  |  | 362,215 |
Contribution margin (1): |  |  |  |
Asia |  | 66,801 |  |  | 65,871 |
Europe |  | 26,014 |  |  | 19,954 |
North America |  | 50,193 |  |  | 49,327 |
Latin America and Other |  | 9,771 |  |  | 9,713 |
Total contribution margin |  | 152,779 |  |  | 144,865 |
Selling, general and administrative (2) |  | 131,297 |  |  | 128,740 |
Operating income |  | 21,482 |  |  | 16,125 |
Other income (loss), net |  | 1,339 |  |  | (483) |
Income before provision for income taxes |  | $ | 22,821 |  |  | $ | 15,642 |
___________________________ (1) Contribution margin consists of net sales less cost of sales and volume incentives expense. (2) Service fees in China totaled $11.7 million and $9.4 million for the years ended December 31, 2020 and 2019, respectively. These service fees are included in our selling, general and administrative expenses.
Year Ended December 31, |  | 2020 |  | 2019
Capital expenditures: |  |  |  |
Asia |  | $ | 542 |  |  | $ | 3,262 |
Europe |  | 34 |  |  | 27 |
North America |  | 4,267 |  |  | 2,605 |
Latin America and Other |  | 62 |  |  | 21 |
Total capital expenditures |  | $ | 4,905 |  |  | $ | 5,915 |
Depreciation and amortization: |  |  |  |
Asia |  | $ | 1,919 |  |  | $ | 1,544 |
Europe |  | 77 |  |  | 75 |
North America |  | 8,673 |  |  | 8,855 |
Latin America and Other |  | 74 |  |  | 125 |
Total depreciation and amortization |  | $ | 10,743 |  |  | $ | 10,599 |
As of December 31, |  | 2020 |  | 2019
Assets: |  |  |  |
Asia |  | $ | 82,572 |  |  | $ | 65,959 |
Europe |  | 16,398 |  |  | 15,187 |
North America |  | 142,324 |  |  | 124,337 |
Latin America and Other |  | 8,204 |  |  | 7,585 |
Total assets |  | $ | 249,498 |  |  | $ | 213,068 |
From an individual country perspective, only the United States and South Korea comprise approximately 10 percent or more of consolidated net sales for the years ended December 31, 2020 and 2019 as follows (dollar amounts in thousands):
Year Ended December 31, |  | 2020 |  | 2019
Net sales: |  |  |  |
United States |  | $ | 134,976 |  |  | $ | 128,019 |
South Korea |  | 62,041 |  |  | 70,556 |
Other |  | 188,188 |  |  | 163,640 |
Total net sales |  | $ | 385,205 |  |  | $ | 362,215 |
Revenue generated by each of our product lines is set forth below (dollars in thousands):
Year Ended December 31, |  | 2020 |  | 2019
Asia: |  |  |  |
General health |  | $ | 36,445 |  |  | $ | 37,795 |
Immunity |  | 847 |  |  | 940 |
Cardiovascular |  | 40,496 |  |  | 44,541 |
Digestive |  | 32,605 |  |  | 24,434 |
Personal care |  | 10,606 |  |  | 13,753 |
Weight management |  | 17,718 |  |  | 17,073 |
|  | 138,717 |  |  | 138,536 |
Europe: |  |  |  |
General health |  | $ | 32,822 |  |  | $ | 22,469 |
Immunity |  | 8,231 |  |  | 5,130 |
Cardiovascular |  | 10,863 |  |  | 10,672 |
Digestive |  | 18,673 |  |  | 14,456 |
Personal care |  | 4,663 |  |  | 7,463 |
Weight management |  | 2,436 |  |  | 2,333 |
|  | 77,688 |  |  | 62,523 |
North America: |  |  |  |
General health |  | $ | 61,897 |  |  | $ | 59,847 |
Immunity |  | 23,036 |  |  | 15,341 |
Cardiovascular |  | 15,852 |  |  | 18,750 |
Digestive |  | 32,851 |  |  | 33,077 |
Personal care |  | 7,587 |  |  | 6,170 |
Weight management |  | 4,258 |  |  | 4,978 |
|  | 145,481 |  |  | 138,163 |
Latin America and Other: |  |  |  |
General health |  | $ | 6,867 |  |  | $ | 6,919 |
Immunity |  | 3,122 |  |  | 2,453 |
Cardiovascular |  | 1,512 |  |  | 1,446 |
Digestive |  | 9,863 |  |  | 10,258 |
Personal care |  | 1,203 |  |  | 1,056 |
Weight management |  | 752 |  |  | 861 |
|  | 23,319 |  |  | 22,993 |
Total net sales |  | $ | 385,205 |  |  | $ | 362,215 |
From an individual country perspective, only the United States comprise 10 percent or more of consolidated property, plant and equipment as follows (dollar amounts in thousands):
As of December 31 |  | 2020 |  | 2019
Property, plant and equipment |  |  |  |
United States |  | $ | 50,025 |  |  | $ | 54,470 |
Other |  | 4,330 |  |  | 5,042 |
Total property, plant and equipment |  | $ | 54,355 |  |  | $ | 59,512 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (f) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (e) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -Subparagraph (d) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599 Reference 12: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599 Reference 13: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599 Reference 14: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration