Nature’s Sunshine Products, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

CAPITAL TRANSACTIONS (Details 2)

CAPITAL TRANSACTIONS (Details 2) (USD $) In Thousands, except Share data, unless otherwise specified	0 Months Ended		12 Months Ended			1 Months Ended
	Sep. 19, 2014	Aug. 29, 2013	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Jan. 31, 2015
Stock options
Number of shares
Options outstanding at the beginning of the period (in shares)			1,926,000	1,784,000	1,374,000
Granted (in shares)			258,000	832,000	686,000
Forfeited or canceled (in shares)			(23,000)	(184,000)	(35,000)
Exercised (in shares)			(124,000)	(506,000)	(241,000)
Options outstanding at the end of the period (in shares)			2,037,000	1,926,000	1,784,000
Weighted Average Exercise Price Per Share
Options outstanding at the beginning of the period (in dollars per share)			$ 12.54	$ 11.81	$ 9.88
Granted (in dollars per share)			$ 15.38	$ 15.85	$ 15.11
Forfeited or canceled (in dollars per share)			$ 13.33	$ 13.65	$ 13.60
Exercised (in dollars per share)			$ 6.42	$ 8.56	$ 9.95
Options outstanding at the end of the period (in dollars per share)			$ 11.69	$ 12.54	$ 11.81
Share-based compensation, additional disclosures
Special one-time cash dividend paid per common share (in dollars per share)	$ 1.50	$ 1.50
Decrease in exercise price of all outstanding stock options (in dollars per share)			$ 1.50	$ 1.50
Aggregate intrinsic values of options exercised			$ 1,093	$ 4,576	$ 1,427
Weighted-average assumptions used to calculate fair value of options granted
Weighted-average grant date fair value (in dollars per share)			$ 6.53	$ 6.55	$ 7.21
Share-based compensation, related information
Share-based compensation expense			0
Related tax benefit			307	653	378
Stock options \| Maximum
Weighted-average assumptions used to calculate fair value of options granted
Expected life			6 years	6 years	6 years
Risk-free interest rate (as a percent)			1.50%	1.50%	0.90%
Expected volatility (as a percent)			56.70%	58.20%	66.00%
Dividend yield (as a percent)			2.60%	2.70%	1.30%
Stock options \| Minimum
Weighted-average assumptions used to calculate fair value of options granted
Expected life				5 years	4 years
Risk-free interest rate (as a percent)				0.60%	0.30%
Expected volatility (as a percent)				55.90%	58.50%
Dividend yield (as a percent)				2.10%	0.00%
Time-based stock options
Share-based compensation, related information
Share-based compensation expense			2,932	3,166	2,101
Related tax benefit			1,158	1,251	850
Unrecognized share-based compensation expense			2,018	3,294	2,715
Weighted-average period over which the remaining compensation cost is expected to be recognized			1 year 9 months 18 days
Time-based stock options \| Maximum
Share-based compensation, additional disclosures
Vesting period			48 months
Performance based stock options operating income margins
Share-based compensation, additional disclosures
Operating income margin, one (as a percent)			6.00%
Operating income margin, two (as a percent)			8.00%
Operating income margin, three (as a percent)			10.00%
Period of time during which operating income margins must be achieved in order to vest in performance based stock options			12 months
Consecutive period of time used to assess operating income margins which determine vesting			15 months
Share-based compensation, related information
Share-based compensation expense			0	0	653
Related tax benefit			0	0	255
Unrecognized share-based compensation expense					$ 0
Performance based stock options sales and operating income margins
Share-based compensation, additional disclosures
Vesting period			2 years
Operating income margin, two (as a percent)			8.00%
Performance based stock options sales and operating income margins \| Minimum
Share-based compensation, additional disclosures
Operating income margin, two (as a percent)			8.00%
Performance based stock options sales
Share-based compensation, additional disclosures
Vesting period based on achieving annual net sales targets			1 year
2012 Stock Incentive Plan
Share Based Compensation
Number of shares authorized under the plan			1,500,000
2012 Stock Incentive Plan \| Subsequent event
Share Based Compensation
Additional number of shares authorized under the plan						1,500,000
2012 Stock Incentive Plan \| Stock options
Number of shares
Granted (in shares)				832,000	469,000
Weighted Average Exercise Price Per Share
Granted (in dollars per share)				$ 15.85	$ 14.86
Share-based compensation, additional disclosures
Expiration period				10 years	10 years
Weighted-average assumptions used to calculate fair value of options granted
Weighted-average grant date fair value (in dollars per share)				$ 6.55	$ 7.00
2012 Stock Incentive Plan \| Time-based stock options
Number of shares
Granted (in shares)			258
Weighted Average Exercise Price Per Share
Granted (in dollars per share)			$ 15.38
Share-based compensation, additional disclosures
Expiration period			10 years
Weighted-average assumptions used to calculate fair value of options granted
Weighted-average grant date fair value (in dollars per share)			$ 6.53
2009 Incentive Plan
Share Based Compensation
Number of shares authorized under the plan			400,000
2009 Incentive Plan \| Time-based stock options
Number of shares
Granted (in shares)					217,000
Weighted Average Exercise Price Per Share
Granted (in dollars per share)					$ 15.65
Share-based compensation, additional disclosures
Expiration period					10 years
Weighted-average assumptions used to calculate fair value of options granted
Weighted-average grant date fair value (in dollars per share)					$ 7.66