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Segment Information (Tables)

9 Months Ended

Sep. 30, 2021

	Three Months Ended September 30,					Nine Months Ended September 30,
(U.S. dollars in thousands)	2021		2020			2021		2020
Nu Skin
Mainland China	$	134,291	$	169,068		$	438,066	$	453,096
Americas		131,482		133,618			403,755		312,436
South Korea		91,989		83,460			261,724		236,094
Southeast Asia/Pacific		79,081		101,949			246,338		262,038
EMEA		55,839		61,411			215,134		147,590
Japan		65,117		70,958			203,001		200,549
Hong Kong/Taiwan		39,921		42,265			114,795		115,253
Nu Skin other		889		(314	)		2,350		374
Total Nu Skin		598,609		662,415			1,885,163		1,727,430
Rhyz Investments
Manufacturing ⁽¹⁾		41,635		40,910			135,760		105,975
Grow Tech		783		22			1,147		336
Rhyz other		125		—			163		—
Total Rhyz Investments		42,543		40,932			137,070		106,311
Total	$	641,152	$	703,347		$	2,022,233	$	1,833,741

(1)

The Manufacturing segment had $27.4 million and $10.9 million of intersegment revenue for the three months ended September 30, 2021 and 2020, respectively, and $68.0 million and $24.2 million for the nine months ended September 30, 2021 and 2020, respectively. Intersegment revenue is eliminated in the consolidated financial statements, as well as the reported segment revenue in the table above.

Segment Contribution

	Three Months Ended September 30,						Nine Months Ended September 30,
(U.S. dollars in thousands)	2021			2020			2021			2020
Nu Skin
Mainland China	$	30,677		$	54,522		$	121,596		$	135,577
Americas		25,752			20,618			83,495			48,730
South Korea		28,984			25,232			84,401			73,421
Southeast Asia/Pacific		19,020			23,892			59,881			62,263
EMEA		6,693			7,111			29,270			11,084
Japan		16,267			18,245			50,709			49,292
Hong Kong/Taiwan		8,940			9,048			24,848			22,825
Nu Skin contribution		136,333			158,668			454,200			403,192
Rhyz Investments
Manufacturing		3,059			6,749			15,649			15,000
Grow Tech		(6,798	)		(5,322	)		(19,869	)		(17,659	)
Rhyz other		(659	)		—			(1,178	)		—
Rhyz Investments contribution		(4,398	)		1,427			(5,398	)		(2,659	)
Total segment contribution		131,935			160,095			448,802			400,533
Corporate and other		(66,551	)		(85,867	)		(235,129	)		(231,666	)
Operating income		65,384			74,228			213,673			168,867
Other income (expense)		2,781			525			351			(4,068	)
Income before provision for income taxes	$	68,165		$	74,753		$	214,024		$	164,799

Depreciation and Amortization and Capital Expenditures

Depreciation and Amortization

	Three Months Ended September 30,				Nine Months Ended September 30,
(U.S. dollars in thousands)	2021		2020		2021		2020
Nu Skin
Mainland China	$	3,253	$	2,649	$	9,868	$	7,631
Americas		190		251		656		714
South Korea		805		756		2,768		2,731
Southeast Asia/Pacific		359		334		1,096		1,300
EMEA		281		231		850		731
Japan		220		296		699		1,602
Hong Kong/Taiwan		1,004		691		2,794		1,948
Total Nu Skin		6,112		5,208		18,731		16,657
Rhyz Investments
Manufacturing		3,069		2,077		8,644		5,954
Grow Tech		1,303		1,302		4,002		3,775
Rhyz other		592		—		987		—
Total Rhyz Investments		4,964		3,379		13,633		9,729
Corporate and other		8,857		9,333		25,494		28,893
Total	$	19,933	$	17,920	$	57,858	$	55,279

Capital Expenditures

	Three Months Ended September 30,				Nine Months Ended September 30,
(U.S. dollars in thousands)	2021		2020		2021		2020
Nu Skin
Mainland China	$	3,237	$	9,000	$	15,170	$	12,577
Americas		95		123		294		885
South Korea		—		173		508		537
Southeast Asia/Pacific		92		1,256		1,015		1,899
EMEA		391		718		821		1,378
Japan		3		1,484		94		3,132
Hong Kong/Taiwan		110		7		222		23
Total Nu Skin		3,928		12,761		18,124		20,431
Rhyz Investments
Manufacturing		2,604		2,113		11,604		13,221
Grow Tech		212		343		1,215		760
Rhyz other		—		—		—		—
Total Rhyz Investments		2,816		2,456		12,819		13,981
Corporate and other		6,791		4,901		19,441		14,398
Total	$	13,535	$	20,118	$	50,384	$	48,810