Nu Skin 2010 Annual Report - Direct Selling News

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SIGNATURES Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized on February 23, 2011. NU SKIN ENTERPRISES, INC. By: /s/ M. Truman Hunt M. Truman Hunt, Chief Executive Officer Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the Registrant and in the capacities indicated on February 23, 2011. Signatures Capacity in Which Signed /s/ Blake M. Roney Blake M. Roney /s/ M. Truman Hunt M. Truman Hunt /s/ Ritch N. Wood Ritch N. Wood /s/ Sandra N. Tillotson Sandra N. Tillotson /s/ Steven J. Lund Steven J. Lund /s/ Daniel W. Campbell Daniel W. Campbell /s/ E.J. “Jake” Garn E. J. “Jake” Garn /s/ Andrew D. Lipman Andrew D. Lipman /s/ Patricia A. Negrón Patricia A. Negrón /s/ David D. Ussery David D. Ussery /s/ Thomas R. Pisano Thomas R. Pisano /s/ Nevin N. Andersen Nevin N. Andersen Chairman of the Board Chief Executive Officer and Director (Principal Executive Officer) Chief Financial Officer (Principal Financial Officer and Accounting Officer) Senior Vice President, Director Director Director Director Director Director Director Director Director 84
BOARD OF DIRECTORS Blake M. Roney Executive Chairman of the Board Steven J. Lund Vice Chairman of the Board M. Truman Hunt President, Chief Executive Officer Sandie N. Tillotson Senior Vice President Senator E.J. “Jake” Garn United States Senate, Retired Compensation Committee Member Nominating and Corporate Governance Committee Member Nevin N. Andersen Retired Audit Committee Chair Daniel W. Campbell Managing General Partner, EsNet, Ltd. Compensation Committee Chair Audit Committee Member Andrew D. Lipman Partner, Bingham McCutchen, LLP Nominating and Corporate Governance Committee Chair Compensation Committee Member Patricia A. Negrón Independent Consultant, Author Audit Committee Member Compensation Committee Member Thomas R. Pisano Retired Audit Committee Member Nominating and Corporate Governance Committee Member David D. Ussery Retired Compensation Committee Member Nominating and Corporate Governance Committee Member 85
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NU SKIN ANNUAL REPORT 2010 ELEVATE
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35,676 32,939 30,588 30,002 2007 20
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BUILDING FOR THE FUTURE In 2011, we
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$163M AGELOC GALVANIC SPA AND GELS
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8 8
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5 INCREASING OPERATIONAL EFFICIENCI
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* GAAP RECONCILATION TABLE 2007 200
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Can we sustain growth? Yes we can.
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UNITED STATES SECURITIES AND EXCHAN
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TABLE OF CONTENTS PART I 1 ITEM 1 B
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PART I ITEM 1. BUSINESS OVERVIEW We
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The following table summarizes our
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Other. We also offer a limited numb
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introduction of additional ageLOC a
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ness model utilizing sales employee
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in a manner to attract the general
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take longer than we anticipated. Pl
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chases, management services and con
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These declines could continue or in
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ous markets, including Japan, South
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creased scrutiny by the government.
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pact the cost associated with manuf
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on a sustained basis. Factors that
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negotiated contracts with shipping
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System failures could harm our busi
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consumption taxes based on an audit
Page 55 and 56: STOCK PERFORMANCE GRAPH Set forth b
Page 57 and 58: ITEM 7. MANAGEMENT’S DISCUSSION A
Page 59 and 60: estrictions on the importation of f
Page 61 and 62: RESULTS OF OPERATIONS The following
Page 63 and 64: South Asia/Pacific. The following t
Page 65 and 66: employees in Mainland China who had
Page 67 and 68: We currently have debt pursuant to
Page 69 and 70: the legal form of the transaction.
Page 71 and 72: closures related to vendor’s mult
Page 73 and 74: NU SKIN ENTERPRISES, INC. Consolida
Page 75 and 76: NU SKIN ENTERPRISES, INC. Consolida
Page 77 and 78: NU SKIN ENTERPRISES, INC. Notes to
Page 99 and 100: Report of Independent Registered Pu
Page 101 and 102: PART III The information required b
Page 103 and 104: corporated by reference to Exhibit
Page 105: *10.56 Form of 2010 Plan Director S
Page 109: 18 NU SKIN ENTERPRISES, INC. 75 WES
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