Quarterly report pursuant to Section 13 or 15(d)

Segment Information (Tables)

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Segment Information (Tables)
 6 Months Ended
Jun. 30, 2024
Segment Reporting [Abstract]  
Schedule of Reportable Business Segment Information
Reportable business segment information is as follows (dollar amounts in thousands):

  Three Months Ended
June 30,		 Six Months Ended
June 30,
  2024 2023 2024 2023
Net sales:        
Asia $ 49,984  $ 54,875  $ 96,204  $ 101,220 
Europe 21,602  21,236  43,898  42,641 
North America 33,563  34,658  70,088  69,306 
Latin America and Other 5,402  5,779  11,354  12,015 
Total net sales 110,551  116,548  221,544  225,182 
Contribution margin (1):        
Asia 23,557  26,899  45,213  48,850 
Europe 6,458  6,130  14,500  12,666 
North America 12,298  13,902  25,900  26,763 
Latin America and Other 1,881  2,379  3,989  4,845 
Total contribution margin 44,194  49,310  89,602  93,124 
Selling, general and administrative expenses (2) 38,557  42,273  79,341  85,915 
Operating income 5,637  7,037  10,261  7,209 
Other income (loss), net (1,214) (1,087) (1,183) 427 
Income before provision for income taxes $ 4,423  $ 5,950  $ 9,078  $ 7,636 
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(1)    Contribution margin consists of net sales less cost of sales and volume incentives expense.
(2)    Service fees in China totaled $3.8 million and $6.9 million for the three and six-month periods ended June 30, 2024, respectively, compared to $5.2 million and $8.9 million for the three and six-month periods ended June 30, 2023. These service fees are included in selling, general and administrative expenses.
Schedule of Consolidated Net Sales Revenue by Geographical Locations
From an individual country/region perspective, the United States, Taiwan and South Korea comprise 10 percent or more of consolidated net sales for the three and six-month periods ended June 30, 2024 and 2023, as follows (dollar amounts in thousands):
 
  Three Months Ended
June 30,		 Six Months Ended
June 30,
  2024 2023 2024 2023
Net sales:        
United States $ 30,948  $ 32,088  $ 64,636  $ 64,074 
Taiwan 16,308  16,041  32,100  30,216 
South Korea 13,449  13,832  25,070  25,072 
Other 49,846  54,587  99,738  105,820 
  $ 110,551  $ 116,548  $ 221,544  $ 225,182 
Revenue from External Customers by Products and Services
Net sales generated by each of our product lines is set forth below (dollar amounts in thousands):
 
  Three Months Ended
June 30,		 Six Months Ended
June 30,
  2024 2023 2024 2023
Asia        
General health $ 19,131  $ 18,158  $ 35,125  $ 31,922 
Immune 2,249  1,312  3,933  1,774 
Cardiovascular 13,625  14,840  27,599  29,735 
Digestive 7,707  11,564  16,296  20,986 
Personal care 1,044  1,442  2,336  2,783 
Weight management 6,228  7,559  10,915  14,020 
  49,984  54,875  96,204  101,220 
Europe        
General health $ 9,534  $ 8,615  $ 19,336  $ 17,789 
Immune 2,203  2,141  4,538  4,425 
Cardiovascular 2,296  2,302  4,715  4,821 
Digestive 5,947  6,331  11,860  12,069 
Personal care 1,145  1,254  2,413  2,431 
Weight management 477  593  1,036  1,106 
  21,602  21,236  43,898  42,641 
North America        
General health $ 15,032  $ 15,857  $ 31,439  $ 31,390 
Immune 3,540  3,732  7,985  8,053 
Cardiovascular 3,757  3,761  7,741  7,349 
Digestive 8,555  8,761  17,723  17,492 
Personal care 1,581  1,634  3,153  3,098 
Weight management 1,098  913  2,047  1,924 
  33,563  34,658  70,088  69,306 
Latin America and Other        
General health $ 1,564  $ 1,600  $ 3,134  $ 3,237 
Immune 594  668  1,317  1,412 
Cardiovascular 401  433  883  899 
Digestive 2,488  2,585  5,237  5,470 
Personal care 270  341  545  692 
Weight management 85  152  238  305 
  5,402  5,779  11,354  12,015 
  $ 110,551  $ 116,548  $ 221,544  $ 225,182 
Schedule of Disclosure on Geographic Areas, Long-Lived Assets in Individual Foreign Countries by Country
From an individual country perspective, only the United States comprised 10 percent or more of consolidated property, plant and equipment as follows (dollar amounts in thousands):
  June 30,
2024		 December 31,
2023
Property, plant and equipment:    
United States $ 39,569  $ 41,239 
Other 5,263  3,761 
Total property, plant and equipment, net $ 44,832  $ 45,000 
Schedule of Segment Reporting Information
Total assets per segment is set forth below (dollar amounts in thousands):
June 30,
2024		 December 31,
2023
Assets:    
Asia $ 98,164  $ 105,636 
Europe 18,468  20,920 
North America 112,667  116,052 
Latin America and Other 6,532  7,165 
Total assets $ 235,831  $ 249,773