XML 44 R21.htm IDEA: XBRL DOCUMENT v3.19.1
Note 15 - Segment Information
12 Months Ended
Dec. 31, 2018
Notes to Financial Statements  
Segment Reporting Disclosure [Text Block]
15.
Segment Information
 
Description of Products and Services by Segment
 
The Company operates in
one
reportable segment, a network marketing segment consisting of
six
operating units that sell nutritional and dietary products to a sales force of independent distributors that sell the products directly to customers. These operating units are based on geographic regions. Geographic area data for the years ended
December 31, 2018
and
2017
follow:
   
2018
   
2017
 
                 
Net sales to external customers
 
 
 
 
 
 
 
 
United States
 
$
27,673,352
    $
32,474,797
 
Australia/New Zealand
 
 
732,227
     
922,594
 
Canada
 
 
718,560
     
914,775
 
Mexico
 
 
474,372
     
445,299
 
Europe
(1)
 
 
3,972,381
     
4,578,095
 
Asia
(2)
 
 
2,544,849
     
2,453,222
 
Total net sales
 
$
36,115,741
    $
41,788,782
 
                 
Assets by area
 
 
 
 
 
 
 
 
United States
 
$
13,584,424
    $
18,100,872
 
Australia/New Zealand
 
 
540,591
     
572,368
 
Canada
 
 
166,533
     
265,629
 
Mexico
 
 
179,713
     
219,501
 
Europe
(1)
 
 
867,008
     
1,032,641
 
Asia
(2)
 
 
1,015,596
     
884,985
 
Total consolidated assets
 
$
16,353,865
    $
21,075,996
 
 
(
1
)
 Europe consists of United Kingdom, Ireland, France, Germany, Austria, and the Netherlands.
(
2
)
 Asia consists of Philippines, Malaysia, and Singapore.
 
The Company classifies its sales into
two
categories of sales products plus handling & freight income. Net sales by product category data for the years ended
December 31, 2018
and
2017,
follow:
 
   
2018
   
2017
 
                 
Net sales by product category
 
 
 
 
 
 
 
 
Nutritional and dietary supplements
 
$
32,670,362
    $
37,326,863
 
Sales aids, membership fees, and other
 
 
1,247,807
     
1,424,494
 
Handling & freight income
 
 
2,197,572
     
3,037,425
 
Total net sales
 
$
36,115,741
    $
41,788,782
 
 
 
Reliv’ International, Inc. and Subsidiaries
 
Notes to Consolidated Financial Statements