Natural Health Trends Corp. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Cover
- Cover Page
Financial Statements
Notes to Financial Statements
Accounting Policies
- NATURE OF OPERATIONS AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
Notes Tables
Notes Details

SEGMENT INFORMATION (Tables)

v3.20.1

SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2019

Segment Reporting [Abstract]

Schedule of Company's Operating Information by Geographic Areas

The Company’s operating information by geographic area are as follows (in thousands):



	Year Ended December 31,
	2019		2018
Net sales:
Primary Reporting Segment	$	73,693	$	183,298
China	2,941		7,744
Russia and Kazakhstan	980		868
Total net sales	$	77,614	$	191,910



Income (loss) from operations:
Primary Reporting Segment	$	9,339		$	45,851
China	(1,719		)	2,579
Russia and Kazakhstan	(115		)	(154		)
Total income (loss) from operations for reportable segments	7,505			48,276
Unallocated corporate expenses	(14,528		)	(14,544		)
Other income, net	1,426			789
Income (loss) before income taxes	$	(5,597	)	$	34,521

Schedule of Net Sales by Geographic Area

The Company’s net sales by geographic area are as follows (in thousands):



	Year Ended December 31,
	2019		2018
Net sales from external customers:
United States	$	2,003	$	3,637
Canada	1,048		1,710
Peru	2,380		1,635
Hong Kong¹	62,724		169,452
China	2,941		7,744
Taiwan	3,126		3,964
South Korea	368		493
Russia and Kazakhstan	980		868
Europe	1,370		1,644
Other foreign countries	674		763
Total net sales	$	77,614	$	191,910

^{_____________________________}

¹ Substantially all of our Hong Kong revenues are derived from the sale of products that are delivered to members in China. See “Item 1A. Risk Factors”.

Schedule of Net Sales by Product and Service

The Company’s net sales by product and service are as follows (in thousands):



	Year Ended December 31,
	2019			2018
Net sales by product and service:
Product sales	$	73,048		$	181,865
Freight and other	6,106			13,329
Less: sales returns	(1,540		)	(3,284		)
Total net sales	$	77,614		$	191,910

Schedule of Long-lived Assets by Geographic Area

The Company’s long-lived assets by geographic area are as follows (in thousands):



	December 31,
	2019		2018
Long-lived assets:
United States	$	379	$	521
Hong Kong	135		145
China	57		61
Other foreign countries	164		207
Total long-lived assets	$	735	$	934

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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