Nature’s sunshine products, inc. (NATR)
Balance Sheet / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Dec'10
Assets
Current assets:
Cash and cash equivalents

64,145

53,629

50,530

46,341

45,404

50,638

47,859

46,898

42,303

42,910

47,692

31,821

33,060

32,284

40,443

41,428

46,433

41,420

43,882

46,217

50,065

58,699

70,456

68,555

71,467

77,247

76,623

87,295

83,036

79,241

72,543

66,353

61,342

58,969

54,103

62,998

47,604

Accounts receivable, net of allowance for doubtful accounts of $423 and $407, respectively

5,874

7,319

7,488

8,727

8,259

7,751

8,106

8,158

8,259

8,888

10,927

9,220

8,770

7,738

7,216

7,968

8,146

7,700

7,319

6,946

8,086

6,732

9,184

9,010

11,498

10,206

10,908

9,104

10,014

9,614

10,003

10,509

13,149

9,868

11,765

8,955

5,947

Investments available for sale

-

-

-

-

-

-

-

-

-

-

0

0

1,776

1,776

1,791

1,797

1,791

1,772

1,786

1,781

2,569

2,546

1,820

2,024

2,012

2,006

2,080

2,018

2,110

2,071

2,192

2,280

2,392

5,677

4,551

6,969

6,470

Assets held for sale

-

-

-

-

-

-

0

998

998

998

998

0

0

521

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Inventories

45,354

46,666

45,282

43,928

42,937

42,048

43,041

41,281

43,655

44,047

49,442

50,958

49,287

47,597

48,918

45,002

41,570

38,495

39,380

40,537

41,928

40,438

41,406

40,477

41,106

41,910

43,643

41,674

41,342

43,280

43,655

42,752

41,468

41,611

38,454

38,047

36,235

Deferred income tax assets

-

-

-

-

-

-

-

-

-

-

-

-

-

-

4,795

4,795

4,795

5,021

5,068

5,020

4,901

4,950

5,752

5,596

5,495

5,711

5,284

5,233

5,090

5,307

4,668

4,355

4,263

4,395

4,976

4,697

4,582

Income tax receivable

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,743

8,447

-

-

-

-

-

-

-

-

-

-

-

-

-

Prepaid expenses and other

4,860

5,091

5,224

6,593

6,697

6,388

5,978

7,061

5,693

5,666

5,253

5,902

4,825

4,585

7,038

8,039

7,262

7,110

7,324

11,850

9,653

7,884

5,177

5,330

13,533

11,514

6,864

6,378

6,470

5,820

5,946

5,361

5,566

4,583

5,052

5,704

5,700

Total current assets

120,233

112,705

108,524

105,589

103,297

106,825

104,984

104,396

100,908

102,509

114,312

97,901

97,718

94,501

110,201

109,029

109,997

101,518

104,759

112,351

117,202

121,249

139,538

139,439

145,111

148,594

145,402

151,702

148,062

145,333

139,007

131,610

128,180

125,103

118,901

127,370

106,538

Property, plant and equipment, net

58,088

59,512

61,052

61,911

61,961

64,061

65,531

66,480

67,094

69,106

70,175

72,662

74,733

73,272

72,921

70,423

69,374

68,728

65,083

62,249

56,939

51,343

45,373

41,066

35,283

32,022

29,347

28,155

27,891

27,950

27,975

25,818

25,076

25,137

25,208

26,072

27,391

Operating lease right-of-use assets

21,371

23,951

24,890

26,361

21,777

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities - trading

1,000

1,200

1,200

1,400

1,405

1,308

1,602

1,545

-

2,000

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Investment securities - trading

-

-

-

-

-

-

-

-

1,753

-

1,907

1,786

1,674

1,391

1,379

1,300

1,199

1,044

992

1,131

1,118

1,000

1,012

1,022

1,004

971

1,109

1,151

1,235

1,276

1,317

1,346

1,444

1,429

1,423

1,636

1,778

Intangible assets, net

535

567

546

616

609

618

740

663

686

709

984

1,007

1,014

976

490

513

536

559

581

630

667

704

742

779

816

853

891

928

965

1,002

1,040

1,077

1,114

1,151

1,191

1,229

1,303

Deferred income tax assets

-

-

-

-

8,786

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax assets

4,389

4,899

8,533

8,724

-

9,056

7,584

8,997

-

8,283

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred income tax assets

-

-

-

-

-

-

-

-

8,354

-

21,395

21,391

21,380

21,590

17,439

17,385

17,105

17,339

14,807

14,722

14,509

14,495

13,848

13,930

13,967

9,928

11,487

11,385

11,542

11,516

16,610

16,623

16,259

16,576

16,866

13,229

12,916

Other assets

9,835

10,284

10,036

11,618

10,944

11,148

11,086

12,382

12,755

12,608

13,436

13,816

14,221

13,840

12,469

12,410

12,264

11,332

10,461

7,705

7,862

7,970

8,613

8,943

7,502

7,244

6,851

6,372

6,496

6,842

6,619

6,285

5,809

6,415

11,594

10,338

9,489

Total assets

215,442

213,068

214,747

216,251

208,779

193,016

191,527

194,463

191,550

195,195

222,209

208,563

210,740

205,570

214,899

211,035

210,475

200,520

196,683

198,788

198,297

196,799

209,126

205,179

203,683

199,612

195,087

199,693

196,191

193,919

192,568

182,759

177,882

175,811

175,183

179,874

159,415

Liabilities and Shareholders’ Equity
Current liabilities:
Accounts payable

4,897

4,406

4,061

3,998

4,911

5,219

4,240

4,224

5,143

4,215

4,850

5,361

5,787

5,305

7,111

8,971

8,658

6,341

5,673

5,912

8,297

5,237

4,834

5,800

5,174

5,664

7,209

5,044

5,144

6,226

5,710

5,499

4,745

5,980

5,130

5,082

4,855

Accrued volume incentives and service fees

22,856

18,893

19,161

20,296

20,772

20,562

18,628

19,145

20,064

18,774

20,930

17,654

18,953

16,264

-

-

-

14,913

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accrued volume incentives and service fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17,895

17,860

17,313

-

16,126

16,433

18,142

16,867

19,251

19,322

20,733

19,206

20,014

19,541

20,216

18,130

19,802

19,517

21,470

19,326

19,789

19,913

18,619

Accrued liabilities

22,993

25,531

28,787

28,077

28,520

34,801

32,801

29,818

24,594

24,980

25,040

21,798

21,214

24,400

23,670

23,995

21,226

23,726

24,306

26,669

22,336

28,957

30,128

29,087

30,341

34,893

28,803

27,702

27,287

27,302

27,224

26,919

25,222

27,938

29,777

38,127

34,601

Deferred revenue

1,660

1,266

1,324

2,235

1,232

1,197

2,014

1,553

-

3,348

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

2,279

-

4,790

5,258

3,965

3,672

3,313

4,895

6,491

4,160

3,632

3,990

4,256

4,717

4,121

3,745

4,231

4,173

3,820

3,410

3,571

4,311

3,005

3,008

3,535

2,603

3,042

2,817

3,385

Revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

9,919

-

-

-

2,696

-

-

-

0

0

572

1,420

2,267

3,110

3,371

3,362

3,350

3,334

3,320

3,308

3,296

3,283

-

-

Related party note payable

1,526

1,518

1,500

1,585

1,530

1,530

1,523

1,025

1,013

506

500

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Current portion of revolving credit facility

-

-

-

-

-

-

-

-

-

-

0

11,954

13,260

-

9,007

3,920

7,531

-

1,199

-

348

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Income taxes payable

1,210

1,392

2,516

2,173

1,286

3,378

1,754

2,071

1,598

1,834

2,552

2,795

3,508

3,475

1,641

1,322

1,019

1,300

791

1,039

1,908

2,131

1,668

1,575

1,432

2,366

2,174

2,349

1,451

2,071

4,468

3,820

5,706

8,655

4,503

5,095

3,708

Current portion of operating lease liabilities

4,505

4,941

5,050

5,241

4,088

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total current liabilities

59,647

57,947

62,399

63,605

62,339

66,687

60,960

57,836

54,691

53,657

58,662

64,820

66,687

63,035

62,637

60,963

62,238

53,136

51,727

54,043

55,287

57,909

60,002

60,101

63,331

68,569

65,130

61,417

61,031

61,390

63,543

62,083

63,986

67,798

65,524

71,034

65,168

Liability related to unrecognized tax benefits

1,426

1,499

1,463

2,157

-

-

2,192

4,761

-

-

4,944

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt and revolving credit facility

-

-

-

-

-

-

1,836

7,210

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Liability related to unrecognized tax benefits

-

-

-

-

2,128

2,192

-

-

4,715

4,633

-

6,966

6,822

6,755

6,094

7,811

7,777

7,809

6,978

7,058

6,776

6,598

8,852

13,223

12,349

12,402

11,486

10,797

10,609

10,571

9,772

9,784

9,165

10,426

18,559

20,862

21,366

Long-term portion of operating lease liabilities

18,138

20,213

21,061

22,418

18,818

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt and revolving credit facility

-

-

-

-

-

-

-

-

7,725

13,181

19,184

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Long-term debt and revolving credit facility

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

10,000

10,000

10,000

10,000

858

1,424

2,270

3,392

4,232

5,066

5,894

6,717

-

-

Deferred compensation payable

991

1,150

1,166

1,432

1,405

1,308

1,602

1,545

1,753

1,980

1,907

1,786

1,674

1,391

1,379

1,275

1,199

1,044

992

1,131

1,118

1,038

1,012

1,022

1,004

971

1,109

1,151

1,235

1,276

1,317

1,346

1,444

1,429

1,423

1,636

1,778

Long-term deferred income tax liabilities

1,471

1,655

1,498

1,556

1,548

1,556

763

714

783

770

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other liabilities

1,201

1,168

394

345

519

705

688

737

872

1,242

1,196

1,307

2,004

1,991

2,380

2,368

2,370

2,266

2,439

2,350

2,334

2,297

2,657

2,638

2,418

2,411

2,535

2,698

3,057

2,776

2,696

2,753

2,428

2,826

2,574

2,778

2,721

Total liabilities

82,874

83,632

87,981

91,513

86,757

72,448

68,041

72,803

70,539

75,463

85,893

74,879

77,187

73,172

72,490

72,417

73,584

64,255

62,136

64,582

65,515

67,842

72,523

86,984

-

94,353

-

-

-

-

-

-

-

-

-

-

-

Total long-term liabilities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

25,771

-

25,130

15,504

16,325

16,893

17,177

18,115

18,103

20,575

29,273

25,276

25,865

Commitments and contingencies

-

-

-

-

-

-

0

0

-

-

0

0

-

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Shareholders’ equity:
Common stock, no par value, 50,000 shares authorized, 19,470 and 19,410 shares issued and outstanding, respectively

135,976

135,741

135,080

134,342

133,725

133,684

133,069

132,594

131,830

131,525

131,141

131,008

129,920

129,654

129,041

128,146

127,442

126,670

126,155

126,979

125,663

125,489

130,078

85,414

84,216

83,122

82,246

80,578

79,072

77,292

75,612

73,351

72,602

71,628

70,043

69,191

67,752

Retained earnings

7,655

4,693

3,691

2,374

-315

-2,072

844

-653

-720

-2,072

15,286

12,805

12,992

12,718

21,248

18,969

18,285

18,088

16,265

15,379

14,693

10,891

16,659

45,762

44,147

36,100

35,879

56,656

52,191

48,910

45,203

39,613

33,107

25,879

18,258

20,514

8,278

Noncontrolling interest

300

200

9

-25

35

63

-41

117

246

411

661

756

989

1,286

2,055

2,268

2,470

2,750

3,108

3,463

3,629

3,781

3,974

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Accumulated other comprehensive loss

-11,334

-11,225

-12,014

-11,953

-11,423

-11,107

-10,386

-10,398

-10,345

-10,132

-10,772

-10,885

-10,348

-11,260

-9,935

-10,765

-11,306

-11,243

-10,981

-11,615

-11,203

-11,204

-14,108

-12,981

-13,782

-13,963

-13,298

-14,462

-12,428

-10,566

-8,967

-10,403

-9,916

-10,069

-7,915

-6,141

-7,648

Total shareholders’ equity

132,568

129,436

126,766

124,738

122,022

120,568

123,486

121,660

121,011

119,732

136,316

133,684

133,553

132,398

142,409

138,618

136,891

136,265

134,547

134,206

132,782

128,957

-

-

-

105,259

-

-

-

-

-

-

-

-

-

83,564

-

Total shareholders' equity

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

136,603

118,195

114,581

-

104,827

122,772

118,835

115,636

111,848

102,561

95,793

87,438

80,386

-

68,382

Total liabilities and shareholders’ equity

215,442

213,068

214,747

216,251

208,779

193,016

191,527

194,463

191,550

195,195

222,209

208,563

210,740

205,570

214,899

211,035

210,475

200,520

196,683

198,788

198,297

196,799

209,126

205,179

203,683

199,612

195,087

199,693

196,191

193,919

192,568

182,759

177,882

175,811

175,183

179,874

159,415