Geographic and Product Data

6 Months Ended

Jun. 28, 2013

Segment Reporting [Abstract]

Segment Reporting Disclosure [Text Block]

Note 9 — Geographic and Product Data

The Company markets and sells its products in over 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 exceed 5% of consolidated sales. Sales are attributed to countries based on location of customers. The composition of the Company’s net sales to unaffiliated customers is set forth below (in thousands):

	Three Months Ended				Six Months Ended
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012
United States	$	3,154	$	3,216	$	6,394	$	6,390
Japan		4,648		4,094		9,387		7,951
China		2,230		2,141		4,301		4,247
Korea		1,834		1,721		3,869		3,624
Spain		1,163		531		2,454		1,041
Other		5,135		4,239		9,760		8,198
Total	$	18,164	$	15,942	$	36,165	$	31,451

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 implantable Collamer lenses (“ICLs”) used in refractive surgery and intraocular lenses (“IOLs”) used in cataract surgery. The composition of the Company’s net sales by product line is as follows (in thousands):

	Three Months Ended				Six Months Ended
	June 28, 2013		June 29, 2012		June 28, 2013		June 29, 2012
ICLs	$	11,261	$	8,606	$	21,892	$	17,211
IOLs		5,863		6,774		12,211		13,132
Core products		17,124		15,380		34,103		30,343
Other Surgical Products		1,040		562		2,062		1,108
Total	$	18,164	$	15,942	$	36,165	$	31,451

The Company sells its products internationally, which subjects the Company to several potential risks, regional/country economic conditions and regulatory requirements, including fluctuating foreign currency 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.