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Segment Information
9 Months Ended
Sep. 30, 2023
Segment Reporting [Abstract]  
Segment Information Segment 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. 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.

Net sales for each segment have been reduced by intercompany sales as they are not included in the measure of segment profit or loss reviewed by the chief executive officer. We evaluate performance based on contribution margin by segment before consideration of certain inter-segment transfers and expenses.
Reportable business segment information is as follows (dollar amounts in thousands):

 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2023202220232022
Net sales:    
Asia$52,218 $47,878 $153,438 $141,370 
Europe18,769 19,328 61,410 58,204 
North America34,792 31,504 104,098 101,567 
Latin America and Other5,423 5,796 17,438 18,020 
Total net sales111,202 104,506 336,384 319,161 
Contribution margin (1):    
Asia24,861 21,268 73,711 64,639 
Europe5,993 7,189 18,659 18,157 
North America14,222 10,839 40,985 35,858 
Latin America and Other2,044 2,508 6,889 7,703 
Total contribution margin47,120 41,804 140,244 126,357 
Selling, general and administrative expenses (2)41,288 36,792 127,203 114,281 
Operating income5,832 5,012 13,041 12,076 
Other income (loss), net(927)(2,281)(500)(3,037)
Income before provision for income taxes$4,905 $2,731 $12,541 $9,039 
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(1)    Contribution margin consists of net sales less cost of sales and volume incentives expense.

(2)    Service fees in China totaled $4.0 million and $12.9 million for the three and nine-month periods ended September 30, 2023, respectively, compared to $2.5 million and $11.3 million for the three and nine-month periods ended September 30, 2022. These service fees are included in selling, general and administrative expenses.

From an individual country/region perspective, the United States, South Korea and Taiwan comprise 10 percent or more of consolidated net sales for the three and nine-month periods ended September 30, 2023 and 2022, as follows (dollar amounts in thousands):
 
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2023202220232022
Net sales:    
United States$32,240 $29,077 $96,314 $93,789 
South Korea13,921 14,967 38,993 43,085 
Taiwan15,598 13,465 45,814 35,148 
Other49,443 46,997 155,263 147,139 
 $111,202 $104,506 $336,384 $319,161 
Net sales generated by each of our product lines is set forth below (dollar amounts in thousands):
 
 Three Months Ended
September 30,
Nine Months Ended
September 30,
 2023202220232022
Asia    
General health$16,937 $14,705 $48,859 $40,010 
Immune1,964 654 3,738 2,779 
Cardiovascular14,963 14,626 44,698 41,498 
Digestive9,186 8,599 30,172 28,625 
Personal care1,376 2,758 4,159 7,384 
Weight management7,792 6,536 21,812 21,074 
 52,218 47,878 153,438 141,370 
Europe    
General health$8,034 $8,638 $25,823 $25,162 
Immune1,563 1,899 5,988 5,973 
Cardiovascular2,264 2,385 7,085 7,168 
Digestive5,087 4,849 17,156 14,921 
Personal care1,348 1,087 3,779 3,529 
Weight management473 470 1,579 1,451 
 18,769 19,328 61,410 58,204 
North America    
General health$16,334 $14,241 $47,725 $44,509 
Immune3,641 3,546 11,693 12,479 
Cardiovascular3,634 3,427 10,983 11,162 
Digestive8,577 8,096 26,069 25,734 
Personal care1,720 1,397 4,818 4,961 
Weight management886 797 2,810 2,722 
 34,792 31,504 104,098 101,567 
Latin America and Other    
General health$1,480 $1,597 $4,717 $5,012 
Immune611 709 2,023 2,225 
Cardiovascular392 438 1,291 1,250 
Digestive2,560 2,569 8,030 7,961 
Personal care284 329 976 1,050 
Weight management96 154 401 522 
 5,423 5,796 17,438 18,020 
 $111,202 $104,506 $336,384 $319,161 

From an individual country perspective, only the United States comprised 10 percent or more of consolidated property, plant and equipment as follows (dollar amounts in thousands):
 September 30,
2023
December 31,
2022
Property, plant and equipment:  
United States$41,941 $42,389 
Other4,350 3,773 
Total property, plant and equipment, net$46,291 $46,162 
Total assets per segment is set forth below (dollar amounts in thousands):
September 30,
2023
December 31,
2022
Assets:  
Asia$100,458 $95,362 
Europe21,829 15,773 
North America110,480 112,319 
Latin America and Other7,146 6,324 
Total assets$239,913 $229,778