Segment Information

12 Months Ended

Dec. 30, 2023

Segment Reporting [Abstract]

Segment Information

SEGMENT INFORMATION

The Company primarily operates as a global direct-selling nutrition, personal health and wellness company that develops and manufactures high quality, science-based nutritional, and personal care products.

The Company’s operating segments are identified according to how business activities are managed and evaluated by the chief operating decision maker (“CODM”), our CEO. The CODM manages the business, allocates resources, makes operating decisions, and evaluates performance for a geographic region or market based on net sales. The Company aggregates its direct-selling operating segments (“Direct-selling”) into one reportable segment, as management believes that the Company’s Direct-selling segments exhibit similar long-term financial performance and have similar economic characteristics. The CODM does not evaluate operating segments using asset information, accordingly, the Company does not report asset information by segment.

As a result of the Company’s acquisitions during 2022, the Company has operating segments that are not material to the Company’s net sales. These operating segments are included as a component of (“All other”) and are included for purposes of reconciliation of net sales to the Company’s consolidated statements of comprehensive income.

	Year Ended
	2023		2022		2021
Net sales:
Direct-selling	$	915,211	$	995,043	$	1,186,464
All other	5,799		3,558		—
Consolidated Total	$	921,010	$	998,601	$	1,186,464

No single Associate accounted for 10% or more of net sales for the periods presented. The table below summarizes the approximate percentage of total product revenue for our Direct-selling segment that has been contributed by the Company’s nutritionals, foods, and personal care and skincare products for the periods indicated.

	Year Ended
	2023	2022	2021
USANA Nutritionals	87%	87%	86%
USANA Foods (1)	7%	7%	7%
Personal care and Skincare	5%	5%	6%
All Other	1%	1%	1%

______________________________

(1)Includes the Company’s Active Nutrition line

Selected Financial Information

Financial information, presented by geographic region is listed below:

	Year Ended
	2023		2022		2021
Net Sales to External Customers
Asia Pacific
Greater China	$	475,099	$	502,486	$	563,469
Southeast Asia Pacific	163,890		190,478		269,803
North Asia	101,446		108,952		129,920
Asia Pacific Total	740,435		801,916		963,192
Americas and Europe	180,575		196,685		223,272
Consolidated Total	$	921,010	$	998,601	$	1,186,464

	December 30, 2023		December 31, 2022
Long-lived Assets
Asia Pacific
Greater China	$	79,418	$	86,051
Southeast Asia Pacific	17,504		15,226
North Asia	2,235		3,617
Asia Pacific Total	99,157		104,894
Americas and Europe	96,480		92,373
Consolidated Total	$	195,637	$	197,267
Total Assets
Asia Pacific
Greater China	$	219,781	$	250,786
Southeast Asia Pacific	57,820		51,880
North Asia	21,807		22,952
Asia Pacific Total	299,408		325,618
Americas and Europe	333,349		270,931
Consolidated Total	$	632,757	$	596,549

The following table provides further information on markets representing ten percent or more of consolidated net sales and long-lived assets, respectively:

	Year Ended
	2023		2022		2021
Net sales:
China	$	427,265	$	453,134	$	506,103
South Korea	$	99,108	$	106,391	$	125,835
United States	$	95,906	$	106,087	$	110,379
Long-lived Assets:
United States	$	93,181	$	89,150
China	$	77,767	$	83,938