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Segment Information
6 Months Ended
Jun. 29, 2024
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.
The Company has operating segments, resulting from acquisitions, 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 Condensed Consolidated Statements of Comprehensive Income.
Three Months EndedSix Months Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Net sales:
Direct-selling$211,208 $236,795 $437,356 $483,675 
All other1,661 1,407 3,313 2,887 
Consolidated total$212,869 $238,202 $440,669 $486,562 
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, food, and personal care and skincare products for the periods indicated.
Three Months EndedSix Months Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
USANA® Nutritionals87 %87 %87 %87 %
USANA Foods(1)
%%%%
Personal care and Skincare%%%%
All other%%%%
(1)Includes the Company’s Active Nutrition line.
NOTE J – SEGMENT INFORMATION - CONTINUED
Selected Financial Information
Financial information, presented by geographic region is listed below:
Three Months EndedSix Months Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Net sales to external customers
Asia Pacific
Greater China$115,513 $128,749 $243,128 $252,569 
Southeast Asia Pacific35,402 39,337 71,467 85,623 
North Asia19,710 25,529 41,131 55,137 
Asia Pacific total170,625 193,615 355,726 393,329 
Americas and Europe42,244 44,587 84,943 93,233 
Consolidated total$212,869 $238,202 $440,669 $486,562 

The following table provides further information on markets representing ten percent or more of consolidated net sales and long-lived assets, respectively:
Three Months EndedSix Months Ended
June 29,
2024
July 1,
2023
June 29,
2024
July 1,
2023
Net sales:
China$105,115 $117,882 $220,869 $227,915 
United States$21,640 $23,681 $43,804 $49,666 
South Korea$19,298 $24,906 $40,262 $53,792 
As of
June 29,
2024
December 30,
2023
Long-lived assets:
United States$92,465 $93,181 
China$73,531 $77,767