XML 43 R32.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Information (Tables)
3 Months Ended
Mar. 31, 2025
Segment Information [Abstract]  
Summarized Financial Information by Segment
Summarized financial information for the Company’s reportable segments is shown in the following tables. Asset information is not reviewed or included with the Company’s internal management reporting. Therefore, the Company has not disclosed asset information for each reportable segment.

 
Three Months Ended March 31, 2025
 
 
Nu Skin
 
Rhyz
     
 
Americas
 
Southeast Asia/
Pacific
 
Mainland
China
 
Japan
 
Europe &
Africa
 
South
Korea
 
Hong Kong/
Taiwan
 
Manufacturing (1)
 
Rhyz
Other
 
Total
Segments
 
Revenue
 
$
69,058
   
$
52,172
   
$
47,775
   
$
42,765
   
$
33,021
   
$
32,515
   
$
28,447
   
$
55,290
   
$
2,918
   
$
363,961
 
Cost of sales
   
17,766
     
12,999
     
8,988
     
8,755
     
8,374
     
6,441
     
5,052
     
44,975
     
1,289
     
114,639
 
Other segment items (2)
   
35,545
     
27,023
     
28,235
     
22,156
     
19,985
     
15,321
     
13,705
     
8,536
     
4,009
     
174,515
 
Segment contribution
 
$
15,747
   
$
12,150
   
$
10,552
   
$
11,854
   
$
4,662
   
$
10,753
   
$
9,690
   
$
1,779
   
$
(2,380
)
 
$
74,807
 

 
Three Months Ended March 31, 2024
 
 
Nu Skin
 
Rhyz
     
 
Americas
 
Southeast Asia/
Pacific
 
Mainland
China
 
Japan
 
Europe &
Africa
 
South
Korea
 
Hong Kong/
Taiwan
 
Manufacturing (1)
 
Rhyz
Other
 
Total
Segments
 
Revenue
 
$
75,031
   
$
60,065
   
$
61,067
   
$
44,236
   
$
42,273
   
$
40,963
   
$
30,466
   
$
50,302
   
$
12,231
   
$
416,634
 
Cost of sales
   
19,346
     
15,173
     
10,582
     
8,707
     
12,120
     
8,197
     
5,645
     
38,841
     
2,621
     
121,232
 
Other segment items (2)
   
40,709
     
33,808
     
38,232
     
23,523
     
26,877
     
20,583
     
17,454
     
9,494
     
15,552
     
226,232
 
Segment contribution
 
$
14,976
   
$
11,084
   
$
12,253
   
$
12,006
   
$
3,276
   
$
12,183
   
$
7,367
   
$
1,967
   
$
(5,942
)
 
$
69,170
 

(1)
The Manufacturing segment had $8.9 million and $8.6 million of intersegment revenue for the three months ended March 31, 2025 and 2024, respectively.  Intersegment revenue is eliminated in the consolidated financial statements and in the table above.
(2)
Other segment items primarily include selling expenses and general and administrative expenses.
Reconciliation of Segment Revenue to Consolidated Revenue
 
Three Months Ended
March 31,
 
 
2025
 
2024
 
Total Segment Revenue
 
$
363,961
   
$
416,634
 
Core Nu Skin Adjustments
   
529
     
672
 
Total Revenue
 
$
364,490
   
$
417,306
 
Reconciliation of Segment Contribution to Consolidated Income (Loss) Before Provision for Income Taxes
   
Three Months Ended
March 31,
 
   
2025
   
2024
 
Total Segment Contribution
 
$
74,807
   
$
69,170
 
Corporate and Other
   
(84,710
)
   
(60,348
)
Operating income (loss)
   
(9,903
)
   
8,822
 
Interest expense
   
3,283
     
7,325
 
Gain on sale of business     176,162      
Other expense, net
   
(28,375)
     
(396
)
Income before provision for income taxes
 
$
134,601
   
$
1,101
 
Depreciation and Amortization and Capital Expenditures
Depreciation and Amortization

 
Three Months Ended
March 31,
 
(U.S. dollars in thousands)
 
2025
   
2024
 
Nu Skin
           
Americas
 
$
50
   
$
105
 
Southeast Asia/Pacific
    190       249  
Mainland China
    2,068       2,774  
Japan
    57       81  
Europe & Africa
   
264
     
273
 
South Korea
    174       245  
Hong Kong/Taiwan
   
377
     
579
 
Total Nu Skin
   
3,180
     
4,306
 
Rhyz
               
Manufacturing
   
3,334
     
3,335
 
Rhyz Other
   
912
     
1,886
 
Total Rhyz
    4,246       5,221  
Corporate and other
   
6,780
     
8,910
 
Total
 
$
14,206
   
$
18,437
 

Capital Expenditures

 
Three Months Ended
March 31,
 
(U.S. dollars in thousands)
 
2025
   
2024
 
Nu Skin
           
Americas
 
$
13
   
$
21
 
Southeast Asia/Pacific
          9  
Mainland China
    478       2,689  
Japan
         
Europe & Africa
   
6
      165  
South Korea
          22  
Hong Kong/Taiwan
   
68
     
198
 
Total Nu Skin
   
565
     
3,104
 
Rhyz
               
Manufacturing
   
5,674
     
1,349
 
Rhyz Other
    16       635  
Total Rhyz
    5,690       1,984  
Corporate and other
   
7,329
     
7,193
 
Total
 
$
13,584
   
$
12,281