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Segment Information
6 Months Ended
Jun. 30, 2024
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
June 30,
Six Months Ended
June 30,
 2024202320242023
Net sales:    
Asia$49,984 $54,875 $96,204 $101,220 
Europe21,602 21,236 43,898 42,641 
North America33,563 34,658 70,088 69,306 
Latin America and Other5,402 5,779 11,354 12,015 
Total net sales110,551 116,548 221,544 225,182 
Contribution margin (1):    
Asia23,557 26,899 45,213 48,850 
Europe6,458 6,130 14,500 12,666 
North America12,298 13,902 25,900 26,763 
Latin America and Other1,881 2,379 3,989 4,845 
Total contribution margin44,194 49,310 89,602 93,124 
Selling, general and administrative expenses (2)38,557 42,273 79,341 85,915 
Operating income5,637 7,037 10,261 7,209 
Other income (loss), net(1,214)(1,087)(1,183)427 
Income before provision for income taxes$4,423 $5,950 $9,078 $7,636 
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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 $3.8 million and $6.9 million for the three and six-month periods ended June 30, 2024, respectively, compared to $5.2 million and $8.9 million for the three and six-month periods ended June 30, 2023. These service fees are included in selling, general and administrative expenses.

From an individual country/region perspective, the United States, Taiwan and South Korea comprise 10 percent or more of consolidated net sales for the three and six-month periods ended June 30, 2024 and 2023, as follows (dollar amounts in thousands):
 
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2024202320242023
Net sales:    
United States$30,948 $32,088 $64,636 $64,074 
Taiwan16,308 16,041 32,100 30,216 
South Korea13,449 13,832 25,070 25,072 
Other49,846 54,587 99,738 105,820 
 $110,551 $116,548 $221,544 $225,182 
Net sales generated by each of our product lines is set forth below (dollar amounts in thousands):
 
 Three Months Ended
June 30,
Six Months Ended
June 30,
 2024202320242023
Asia    
General health$19,131 $18,158 $35,125 $31,922 
Immune2,249 1,312 3,933 1,774 
Cardiovascular13,625 14,840 27,599 29,735 
Digestive7,707 11,564 16,296 20,986 
Personal care1,044 1,442 2,336 2,783 
Weight management6,228 7,559 10,915 14,020 
 49,984 54,875 96,204 101,220 
Europe    
General health$9,534 $8,615 $19,336 $17,789 
Immune2,203 2,141 4,538 4,425 
Cardiovascular2,296 2,302 4,715 4,821 
Digestive5,947 6,331 11,860 12,069 
Personal care1,145 1,254 2,413 2,431 
Weight management477 593 1,036 1,106 
 21,602 21,236 43,898 42,641 
North America    
General health$15,032 $15,857 $31,439 $31,390 
Immune3,540 3,732 7,985 8,053 
Cardiovascular3,757 3,761 7,741 7,349 
Digestive8,555 8,761 17,723 17,492 
Personal care1,581 1,634 3,153 3,098 
Weight management1,098 913 2,047 1,924 
 33,563 34,658 70,088 69,306 
Latin America and Other    
General health$1,564 $1,600 $3,134 $3,237 
Immune594 668 1,317 1,412 
Cardiovascular401 433 883 899 
Digestive2,488 2,585 5,237 5,470 
Personal care270 341 545 692 
Weight management85 152 238 305 
 5,402 5,779 11,354 12,015 
 $110,551 $116,548 $221,544 $225,182 

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):
 June 30,
2024
December 31,
2023
Property, plant and equipment:  
United States$39,569 $41,239 
Other5,263 3,761 
Total property, plant and equipment, net$44,832 $45,000 
Total assets per segment is set forth below (dollar amounts in thousands):
June 30,
2024
December 31,
2023
Assets:  
Asia$98,164 $105,636 
Europe18,468 20,920 
North America112,667 116,052 
Latin America and Other6,532 7,165 
Total assets$235,831 $249,773