NU SKIN ENTERPRISES, INC. Leases Disclosure
| 8. |
Leases
|
|
Year Ended December 31,
|
||||||||||||
|
2025
|
2024
|
2023
|
||||||||||
|
Weighted-average remaining lease term:
|
||||||||||||
|
Operating leases
|
6.3
|
7.2
|
8.5
|
|||||||||
|
Finance leases
|
3.9
|
4.8
|
3.7
|
|||||||||
|
Weighted-average discount rate:
|
||||||||||||
|
Operating leases
|
3.9
|
%
|
3.5
|
%
|
3.6
|
%
|
||||||
|
Finance leases
|
6.6
|
%
|
6.6
|
%
|
3.7
|
%
|
||||||
| Year Ended December 31, | ||||||||||||
|
2025
|
2024 |
2023 |
||||||||||
|
Operating lease expense
|
||||||||||||
|
Operating lease cost
|
$ | 23,327 |
$
|
23,668
|
$
|
29,186
|
||||||
|
Variable lease cost
|
4,812 |
6,203
|
4,245
|
|||||||||
|
Finance lease expense
|
||||||||||||
|
Amortization of right-of-use assets
|
2,129 |
2,707
|
4,785
|
|||||||||
|
Interest on lease liabilities
|
632 |
404
|
502
|
|||||||||
|
Total lease expense
|
$ | 30,900 |
$
|
32,982
|
$
|
38,718
|
||||||
|
Year Ended December 31,
|
||||||||||||
| 2025 |
2024
|
2023
|
||||||||||
|
Operating cash outflow from operating leases
|
$ | 23,833 |
$
|
24,609
|
$
|
29,055
|
||||||
|
Operating cash outflow from finance leases
|
$ | 640 |
$
|
376
|
$
|
481
|
||||||
|
Financing cash outflow from finance leases
|
$ | 2,238 |
$
|
2,886
|
$
|
3,198
|
||||||
|
Right-of-use assets obtained in exchange for operating lease obligations
|
$ | 24,912 |
$
|
16,469
|
$
|
27,730
|
||||||
|
Right-of-use assets obtained in exchange for finance lease obligations
|
$ | 291 |
$
|
30
|
$
|
1,081
|
||||||
|
Year Ending December 31,
|
Operating
Leases
|
Finance
Leases
|
||||||
|
2026
|
$
|
20,972
|
$
|
2,521
|
||||
|
2027
|
16,264
|
2,498
|
||||||
|
2028
|
12,158
|
2,462
|
||||||
|
2029
|
10,295
|
2,004
|
||||||
|
2030
|
5,492
|
6
|
||||||
|
Thereafter
|
19,342
|
—
|
||||||
|
Total
|
84,523
|
9,491
|
||||||
|
Less: Finance charges
|
8,443
|
1,116
|
||||||
|
Total principal liability
|
$
|
76,080
|
$
|
8,375
|
||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 13, 2026 | Showing above |
| 2024 | Feb 14, 2025 | |
| 2023 | Feb 15, 2024 | |
| 2022 | Feb 16, 2023 | |
| 2021 | Feb 16, 2022 | |
| 2020 | Feb 11, 2021 | |
| 2019 | Feb 13, 2020 | |
| 2018 | Feb 14, 2019 | |
| 2017 | Feb 16, 2018 | |
| 2016 | Feb 27, 2017 | |
| 2015 | Feb 18, 2016 | |
About Leases Disclosures
Lease disclosures under ASC 842 provide a comprehensive view of a company's leased asset portfolio, including the split between operating and finance leases, discount rates used to present-value future payments, and the maturity schedule of lease obligations. This section reveals a significant source of off-balance-sheet commitments that were largely hidden before the current standard.
Key signals: the weighted-average discount rate affects the size of recorded lease liabilities — a higher rate reduces the reported obligation, so compare the chosen rate against the company's incremental borrowing rate. The operating versus finance lease mix affects both EBITDA and operating income presentation. Watch the maturity table for concentration risk: large payment cliffs in specific years may create cash flow pressure. Variable lease payments excluded from the liability measurement represent real obligations that do not appear on the balance sheet. Compare total lease costs against prior-year operating lease expense to assess the true economic burden.