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Geographic and Product Data
12 Months Ended
Dec. 29, 2017
Segment Reporting [Abstract]  
Segment Reporting Disclosure [Text Block]
Note 16 — Geographic and Product Data
 
The Company markets and sells its products in more than 75 countries and conducts its manufacturing in the United States. Other than the Japan, China, the United States, and Korea, the Company does not conduct business in any country in which its sales in that country exceed 10% of consolidated net 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
 
2017
 
2016
 
2015
 
Japan
 
$
17,424
 
$
17,329
 
$
16,982
 
China
 
 
23,881
 
 
16,019
 
 
12,571
 
United States
 
 
7,894
 
 
9,859
 
 
10,904
 
Korea
 
 
5,543
 
 
7,455
 
 
8,061
 
Others*
 
 
35,869
 
 
31,770
 
 
28,605
 
Total
 
$
90,611
 
$
82,432
 
$
77,123
 
 
 
*No other location individually exceeds 10% of total sales.
 
100% of the Company’s sales are generated from the ophthalmic surgical product segment and the chief operating decision maker makes the operating decisions and allocates resources based upon the consolidated operating results, 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
 
2017
 
2016
 
2015
 
ICLs
 
$
68,325
 
$
59,111
 
$
51,543
 
IOLs
 
 
17,258
 
 
19,706
 
 
19,857
 
Other surgical products
 
 
5,028
 
 
3,615
 
 
5,723
 
Total
 
$
90,611
 
$
82,432
 
$
77,123
 
 
The composition of the Company’s long-lived assets, consisting of property and equipment, net, and intangible assets, net, between those in the United States, Switzerland, and Japan is set forth below (in thousands):
 
Long-lived assets
 
2017
 
2016
 
U.S.
 
$
8,523
 
$
10,704
 
Switzerland
 
 
912
 
 
737
 
Japan
 
 
612
 
 
822
 
Total
 
$
10,047
 
$
12,263
 
 
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.