Geographic and Product Data

12 Months Ended

Dec. 30, 2011

Geographic and Product Data

Note 19 — Geographic and Product Data

The Company markets and sells its products in approximately 60 countries and has manufacturing sites in the United States, Switzerland and Japan. Other than the United States, Japan, Korea, China, and Spain the Company does not conduct business in any country in which its sales in that country exceed 5% of consolidated sales. Sales are attributed to countries based on location of customers. The composition of the Company’s sales to unaffiliated customers is set forth below (in thousands):

Net sales to unaffiliated customers	2011		2010		2009
United States	$	13,852	$	14,957	$	16,088
Japan		15,690		13,607		12,884
Korea		8,142		6,082		5,366
China		6,354		3,910		2,855
Others*		18,727		16,402		13,867
Total	$	62,765	$	54,958	$	51,060

*No other location individually exceeds 5% of total sales.

100% of the Company’s sales are generated from the ophthalmic surgical product segment and, therefore, the Company operates as one operating segment for financial reporting purposes. The Company’s principal products are IOLs used in cataract surgery and ICLs used in refractive surgery.  The composition of the Company’s net sales by product line is as follows (in thousands):

Net sales by product line	2011		2010		2009
ICLs	$	32,072	$	24,300	$	21,046
IOLs		27,547		27,550		26,299
Other surgical products		3,146		3,108		3,715
Total	$	62,765	$	54,958	$	51,060

The composition of the Company’s long-lived assets, consisting of property and equipment, between those in the United States, Switzerland, Japan and Australia is set forth below (in thousands):

Long-lived assets	2011		2010
U.S	$	1,460	$	1,318
Switzerland		1,010		967
Japan		1,752		1,429
Australia		—		18
Total	$	4,222	$	3,732

The Company sells its products internationally, which subjects the Company to several potential risks, including fluctuating exchange rates (to the extent the Company’s transactions are not in U.S. dollars), regulation of fund transfers by foreign governments, United States and foreign export and import duties and tariffs, and political instability.