2014 Q1 Form 10-K Financial Statement

#000114420414015041 Filed on March 12, 2014

View on sec.gov

Income Statement

Concept 2014 Q1 2014 2013 Q2
Revenue $18.94M $72.22M $18.16M
YoY Change 5.24% 0.02% 13.94%
Cost Of Revenue $5.970M $21.91M $5.544M
YoY Change 11.65% 0.03% 13.21%
Gross Profit $12.98M $50.31M $12.62M
YoY Change 2.54% 0.02% 14.26%
Gross Profit Margin 68.5% 69.67% 69.48%
Selling, General & Admin $12.20M $40.66M $9.582M
YoY Change 31.98% -4.78% 6.48%
% of Gross Profit 94.02% 80.82% 75.93%
Research & Development $1.970M $6.708M $1.686M
YoY Change 44.22% 0.12% 11.43%
% of Gross Profit 15.18% 13.33% 13.36%
Depreciation & Amortization $490.0K $1.711M $580.0K
YoY Change 32.79% -20.42% 20.83%
% of Gross Profit 3.78% 3.4% 4.6%
Operating Expenses $14.23M $47.37M $11.27M
YoY Change 34.12% -4.5% 7.19%
Operating Profit -$1.254M $700.0K $694.0K
YoY Change -215.68% 0.0% -523.17%
Interest Expense $80.00K $170.0K $41.00K
YoY Change -3.61% -270.0% -38.81%
% of Operating Profit 24.29% 5.91%
Other Income/Expense, Net $130.0K $414.0K $183.0K
YoY Change -143.48% -17.2%
Pretax Income -$1.050M $1.114M $877.0K
YoY Change -233.76% 1.27% -634.76%
Income Tax -$170.0K $716.0K $599.0K
% Of Pretax Income 64.27% 68.3%
Net Earnings -$876.0K $398.0K $278.0K
YoY Change -285.99% -0.5% -156.62%
Net Earnings / Revenue -4.62% 0.55% 1.53%
Basic Earnings Per Share -$0.02 $0.01 $0.01
Diluted Earnings Per Share -$0.02 $0.01 $0.01
COMMON SHARES
Basic Shares Outstanding 37.97M shares 36.71M shares 36.50M shares
Diluted Shares Outstanding 38.61M shares 38.34M shares

Balance Sheet

Concept 2014 Q1 2014 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $23.00M $13.00M $19.70M
YoY Change 19.79% -43.48% 12.57%
Cash & Equivalents $22.95M $13.00M $19.73M
Short-Term Investments
Other Short-Term Assets $366.0K $4.400M $579.0K
YoY Change -86.44% 33.33% -72.43%
Inventory $12.51M $15.70M $11.12M
Prepaid Expenses $2.157M
Receivables $10.73M $11.10M $10.34M
Other Receivables $600.0K $700.0K $500.0K
Total Short-Term Assets $50.08M $44.90M $43.81M
YoY Change 20.37% -10.38% 10.92%
LONG-TERM ASSETS
Property, Plant & Equipment $7.405M $10.10M $6.147M
YoY Change 19.44% 36.49% 30.79%
Goodwill $1.786M $1.786M
YoY Change
Intangibles $1.380M $1.689M
YoY Change
Long-Term Investments
YoY Change
Other Assets $659.0K $1.300M $1.041M
YoY Change -45.08% 0.0% -19.92%
Total Long-Term Assets $11.86M $14.00M $10.85M
YoY Change 6.81% 18.64% 5.36%
TOTAL ASSETS
Total Short-Term Assets $50.08M $44.90M $43.81M
Total Long-Term Assets $11.86M $14.00M $10.85M
Total Assets $61.93M $58.90M $54.67M
YoY Change 17.52% -4.85% 9.77%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $6.263M $6.600M $3.809M
YoY Change 69.27% 4.76% 22.87%
Accrued Expenses $4.700M $2.900M $3.700M
YoY Change 38.24% -38.3% 5.71%
Deferred Revenue
YoY Change
Short-Term Debt $4.800M $4.200M $5.100M
YoY Change -9.43% -12.5% 104.0%
Long-Term Debt Due $300.0K $400.0K $500.0K
YoY Change -57.14% 33.33% -44.44%
Total Short-Term Liabilities $18.41M $16.40M $15.42M
YoY Change 21.13% -10.87% 16.82%
LONG-TERM LIABILITIES
Long-Term Debt $100.0K $500.0K $300.0K
YoY Change -66.67% 400.0% -57.14%
Other Long-Term Liabilities $2.900M $3.300M $3.300M
YoY Change -19.44% 13.79% -8.33%
Total Long-Term Liabilities $3.000M $3.800M $3.600M
YoY Change -23.08% 26.67% -16.28%
TOTAL LIABILITIES
Total Short-Term Liabilities $18.41M $16.40M $15.42M
Total Long-Term Liabilities $3.000M $3.800M $3.600M
Total Liabilities $23.08M $21.80M $20.01M
YoY Change 15.4% -5.63% 8.72%
SHAREHOLDERS EQUITY
Retained Earnings -$132.1M -$131.7M
YoY Change
Common Stock $170.6M $165.7M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $38.85M $37.10M $34.66M
YoY Change
Total Liabilities & Shareholders Equity $61.93M $58.90M $54.67M
YoY Change 17.52% -4.85% 9.77%

Cashflow Statement

Concept 2014 Q1 2014 2013 Q2
OPERATING ACTIVITIES
Net Income -$876.0K $398.0K $278.0K
YoY Change -285.99% -0.5% -156.62%
Depreciation, Depletion And Amortization $490.0K $1.711M $580.0K
YoY Change 32.79% -20.42% 20.83%
Cash From Operating Activities -$70.00K -$7.950M $790.0K
YoY Change -83.72% -336.61% -52.69%
INVESTING ACTIVITIES
Capital Expenditures -$470.0K $3.448M -$800.0K
YoY Change -138.59% -199.94% 48.15%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities -$470.0K -$4.050M -$800.0K
YoY Change -61.48% 17.39% 48.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 400.0K 2.530M 690.0K
YoY Change -281.82% 3.27% -630.77%
NET CHANGE
Cash From Operating Activities -70.00K -7.950M 790.0K
Cash From Investing Activities -470.0K -4.050M -800.0K
Cash From Financing Activities 400.0K 2.530M 690.0K
Net Change In Cash -140.0K -9.470M 680.0K
YoY Change -92.51% -501.27% -32.0%
FREE CASH FLOW
Cash From Operating Activities -$70.00K -$7.950M $790.0K
Capital Expenditures -$470.0K $3.448M -$800.0K
Free Cash Flow $400.0K -$11.40M $1.590M
YoY Change -124.27% -267.37% -28.05%

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InterestExpense
170000 USD
CY2012 us-gaap Interest Expense
InterestExpense
291000 USD
CY2011 us-gaap Foreign Currency Transaction Gain Loss Before Tax
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86000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
2704000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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1114000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-519000 USD
CY2011 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1356000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
716000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1244000 USD
CY2014 us-gaap Entity Wide Disclosure On Geographic Areas Description Of Revenue From External Customers
EntityWideDisclosureOnGeographicAreasDescriptionOfRevenueFromExternalCustomers
The Company markets and sells its products in approximately 60 countries and has manufacturing sites in the United States and Switzerland. 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.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.
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3376000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
603000 shares
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
645000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
35000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3299000 shares
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2168000 shares
CY2014 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P1Y7M20D
CY2014 staa Estimated Forfeiture Rate
EstimatedForfeitureRate
0.0992 pure
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance
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1000000 USD
CY2011 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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312000 USD
CY2013Q3 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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433000 USD
us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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433000 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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-1008000 USD
CY2014 us-gaap Valuation Allowance Deferred Tax Asset Explanation Of Change
ValuationAllowanceDeferredTaxAssetExplanationOfChange
The valuation allowance as of December 28, 2012 of $1.0 million was reduced to $433,000 primarily due to the utilization of STAAR Japans net operating loss carryover during the nine months ended September 27, 2013.
CY2012Q4 us-gaap Restructuring Reserve
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797000 USD
CY2014 us-gaap Restructuring Charges
RestructuringCharges
2242000 USD
CY2014 us-gaap Payments For Restructuring
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2280000 USD
CY2014Q1 us-gaap Restructuring Reserve
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759000 USD
CY2014 us-gaap Restructuring And Related Cost Cost Incurred To Date
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5939000 USD
CY2014 us-gaap Restructuring And Related Cost Expected Cost
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6200000 USD
CY2014Q1 staa Estimated Cost Of Project
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5900000 USD
CY2014 staa Cost Of Project
CostOfProject
2200000 USD
CY2014Q1 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
121700000 USD
CY2011 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
211000 USD
CY2014 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-1327000 USD
CY2012 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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-689000 USD
CY2011 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-94000 USD
CY2011 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
305000 USD
CY2014 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1298000 USD
CY2012 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-825000 USD
CY2011 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1653000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-900000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2588000 USD
CY2011 us-gaap Depreciation
Depreciation
1469000 USD
CY2014 us-gaap Depreciation
Depreciation
1711000 USD
CY2012 us-gaap Depreciation
Depreciation
1309000 USD
CY2011 us-gaap Amortization Of Intangible Assets
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797000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
440000 USD
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
652000 USD
CY2011 us-gaap Deferred Income Taxes And Tax Credits
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367000 USD
CY2014 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
104000 USD
CY2012 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
143000 USD
CY2011 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
117000 USD
CY2014 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-27000 USD
CY2012 us-gaap Fair Value Adjustment Of Warrants
FairValueAdjustmentOfWarrants
-335000 USD
CY2011 us-gaap Gain Loss On Disposition Of Assets
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-13000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
-200000 USD
CY2012 us-gaap Gain Loss On Disposition Of Assets
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-131000 USD
CY2011 us-gaap Increase Decrease In Pension Plan Obligations
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257000 USD
CY2014 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
162000 USD
CY2012 us-gaap Increase Decrease In Pension Plan Obligations
IncreaseDecreaseInPensionPlanObligations
205000 USD
CY2011 us-gaap Share Based Compensation
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1914000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
4489000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
3208000 USD
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AssetRetirementObligationAccretionExpense
0 USD
CY2014 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
10000 USD
CY2012 us-gaap Asset Retirement Obligation Accretion Expense
AssetRetirementObligationAccretionExpense
16000 USD
CY2011 us-gaap Other Noncash Income Expense
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320000 USD
CY2014 us-gaap Other Noncash Income Expense
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-263000 USD
CY2012 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-77000 USD
CY2011 us-gaap Increase Decrease In Accounts Receivable
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435000 USD
CY2014 us-gaap Increase Decrease In Accounts Receivable
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2938000 USD
CY2012 us-gaap Increase Decrease In Accounts Receivable
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-224000 USD
CY2011 us-gaap Increase Decrease In Inventories
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85000 USD
CY2014 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1603000 USD
CY2012 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1020000 USD
CY2011 staa Increase Decrease In Prepaid Expenses Deposits And Other Assets Current
IncreaseDecreaseInPrepaidExpensesDepositsAndOtherAssetsCurrent
145000 USD
CY2014 staa Increase Decrease In Prepaid Expenses Deposits And Other Assets Current
IncreaseDecreaseInPrepaidExpensesDepositsAndOtherAssetsCurrent
1063000 USD
CY2011 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
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2768000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
2445000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
4283000 USD
CY2012 staa Increase Decrease In Prepaid Expenses Deposits And Other Assets Current
IncreaseDecreaseInPrepaidExpensesDepositsAndOtherAssetsCurrent
298000 USD
CY2011 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
480000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
367000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
1014000 USD
CY2011 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
-431000 USD
CY2014 us-gaap Increase Decrease In Other Current Liabilities
IncreaseDecreaseInOtherCurrentLiabilities
842000 USD
CY2012 us-gaap Increase Decrease In Other Current Liabilities
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-346000 USD
CY2011 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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5346000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3355000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
3217000 USD
CY2011 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
962000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3448000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
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2271000 USD
CY2011 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-889000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
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-3448000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-2146000 USD
CY2011 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
575000 USD
CY2014 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
841000 USD
CY2012 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
741000 USD
CY2011 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3343000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3286000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1514000 USD
CY2011 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-19000 USD
CY2014 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1073000 USD
CY2012 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-261000 USD
CY2011 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7206000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1279000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5093000 USD
CY2010Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9376000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
16582000 USD
CY2011 staa Depreciation For Assets Held Under Capital Lease
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615000 USD
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235000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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36000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
255000 USD
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FiniteLivedIntangibleAssetsNet
1380000 USD
CY2010Q4 us-gaap Stockholders Equity
StockholdersEquity
22427000 USD
CY2011 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3343000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3286000 USD
CY2012 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1514000 USD
CY2011 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2035000 USD
CY2014 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4721000 USD
CY2012 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3358000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
29458000 USD
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12180000 USD
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AccountsReceivableGross
9859000 USD
CY2014Q1 us-gaap Allowance For Doubtful Accounts Receivable
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1449000 USD
CY2012Q4 us-gaap Allowance For Doubtful Accounts Receivable
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1316000 USD
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10731000 USD
CY2012Q4 us-gaap Accounts Receivable Net
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8543000 USD
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374000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
241000 USD
CY2014Q1 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
239000 USD
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500000000 JPY
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5800000 USD
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1100000 USD
CY2014Q1 us-gaap Line Of Credit Facility Current Borrowing Capacity
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1000000 CHF
CY2014 staa Interest Rate Increase In Case Of Default
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0.14 pure
CY2014 staa Percentage Of Commission On Outstanding Notes Payable
PercentageOfCommissionOnOutstandingNotesPayable
0.0025 pure
CY2012Q4 us-gaap Asset Retirement Obligation
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707000 USD
CY2011Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
577000 USD
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-221000 USD
CY2012 us-gaap Asset Retirement Obligation Liabilities Incurred
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169000 USD
CY2014 us-gaap Accretion Expense
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10000 USD
CY2012 us-gaap Accretion Expense
AccretionExpense
15000 USD
CY2014Q1 us-gaap Asset Retirement Obligation
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157000 USD
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500000000 JPY
CY2014 us-gaap Line Of Credit Facility Interest Rate Description
LineOfCreditFacilityInterestRateDescription
(approximately 1.475% as ofJanuary 3, 2014) and may be renewed annually (the current line expires on April 4, 2014).
CY2014Q1 us-gaap Line Of Credit Facility Amount Outstanding
LineOfCreditFacilityAmountOutstanding
4800000 USD
CY2014 staa Additional Discount On Loan Description
AdditionalDiscountOnLoanDescription
The fair value of the warrants was treated as an additional discount on the loan and was amortized using the effective interest method over the life of the loan (which approximates an effective interest rate of 32% per annum, assuming the 20% cash interest rate is maintained throughout the life of the Note).
CY2014 staa Description Related To Benefit Based Under Point System
DescriptionRelatedToBenefitBasedUnderPointSystem
Each point earned is worth a fixed monetary value, 1,000 Yen per point, regardless of the level grade or zone of the employee. Gross benefits are calculated based on the cumulative number of points earned over the service period multiplied by 1,000 Yen. The mandatory retirement age limit is 60 years old.
CY2014 staa Defined Benefit Plan Net Periodic Benefit On Partial Settlement
DefinedBenefitPlanNetPeriodicBenefitOnPartialSettlement
9000 USD
CY2014Q1 staa Defined Contribution Plan Employees Eligible Payroll
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17500 USD
CY2014 staa Defined Contribution Plan Description
DefinedContributionPlanDescription
The Company makes a contribution of 50% of the employee’s contribution up to the first 6% of the employee’s compensation.
CY2014Q1 staa Future Estimated Cash Contribution To Swiz Plan
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286000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due Current
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2058000 USD
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1817000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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1715000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-0.242 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
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0.832 pure
CY2011 us-gaap Income Tax Reconciliation State And Local Income Taxes
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9000 USD
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0.014 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.011 pure
CY2011 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
37000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
71000 USD
CY2011 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-248000 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
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-270000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
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21000 USD
CY2014Q1 us-gaap Deferred Tax Assets Inventory
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11000 USD
CY2012 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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527000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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1731000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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257000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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429000 USD
CY2014Q1 us-gaap Operating Leases Future Minimum Payments Due
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8007000 USD
CY2014Q1 staa Operating Leases Future Minimum Payments Interest Included In Payments
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0 USD
CY2014Q1 staa Operating Leases Future Minimum Payments Present Value Of Net Minimum Payments
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8007000 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Due Current
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303000 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Due In Two Years
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142000 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Due In Three Years
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6000 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Due In Four Years
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0 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Due In Five Years
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0 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Due Thereafter
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0 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Due
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451000 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
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22000 USD
CY2014Q1 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
429000 USD
CY2014Q1 us-gaap Capital Leased Assets Gross
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4688000 USD
CY2012Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
5024000 USD
CY2014Q1 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
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3984000 USD
CY2012Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
3576000 USD
CY2014Q1 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
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704000 USD
CY2012Q4 us-gaap Capital Leases Balance Sheet Assets By Major Class Net
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1448000 USD
CY2011 us-gaap Payments For Rent
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1800000 USD
CY2014 us-gaap Payments For Rent
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1500000 USD
CY2012 us-gaap Payments For Rent
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1900000 USD
CY2014 staa Depreciation For Assets Held Under Capital Lease
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566000 USD
CY2012 staa Depreciation For Assets Held Under Capital Lease
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522000 USD
CY2014Q1 us-gaap Due From Related Parties
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34000 USD
CY2012Q4 us-gaap Due From Related Parties
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11000 USD
CY2011 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
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331000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 USD
CY2011 us-gaap Interest Paid
InterestPaid
471000 USD
CY2014 us-gaap Interest Paid
InterestPaid
153000 USD
CY2012 us-gaap Interest Paid
InterestPaid
270000 USD
CY2011 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
649000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1534000 USD
CY2012 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
241000 USD
CY2013Q2 us-gaap Revenues
Revenues
18164000 USD
CY2012Q2 us-gaap Revenues
Revenues
15942000 USD
CY2013Q3 us-gaap Revenues
Revenues
17106000 USD
CY2012Q3 us-gaap Revenues
Revenues
15866000 USD
us-gaap Revenues
Revenues
18944000 USD
CY2012Q4 us-gaap Revenues
Revenues
16466000 USD
CY2013Q1 us-gaap Revenues
Revenues
18001000 USD
CY2012Q1 us-gaap Revenues
Revenues
15509000 USD
CY2013Q2 us-gaap Gross Profit
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12620000 USD
CY2012Q2 us-gaap Gross Profit
GrossProfit
11045000 USD
CY2013Q3 us-gaap Gross Profit
GrossProfit
12059000 USD
CY2012Q3 us-gaap Gross Profit
GrossProfit
11176000 USD
us-gaap Gross Profit
GrossProfit
12976000 USD
CY2012Q4 us-gaap Gross Profit
GrossProfit
11168000 USD
CY2013Q1 us-gaap Gross Profit
GrossProfit
12654000 USD
CY2012Q1 us-gaap Gross Profit
GrossProfit
10901000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
278000 USD
CY2012Q2 us-gaap Net Income Loss
NetIncomeLoss
-491000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
4849000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
3245000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
2704000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
1114000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
-90000 USD
us-gaap Net Income Loss
NetIncomeLoss
-876000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
525000 USD
CY2012Q4 us-gaap Net Income Loss
NetIncomeLoss
-1414000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
471000 USD
CY2012Q1 us-gaap Net Income Loss
NetIncomeLoss
232000 USD
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2012Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.01
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2012Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.02
CY2012Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
CY2014 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
1007000 USD
CY2012 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
255000 USD
CY2011 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
607000 USD
CY2014 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
1144000 USD
CY2012 us-gaap Valuation Allowances And Reserves Deductions
ValuationAllowancesAndReservesDeductions
545000 USD
CY2014Q1 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
52272000 USD
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2012Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.01
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2012Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.01
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2012Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.02
CY2012Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2012Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
CY2010Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
53112000 USD
CY2012Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
52409000 USD
CY2011Q4 us-gaap Valuation Allowances And Reserves Balance
ValuationAllowancesAndReservesBalance
52699000 USD
CY2011 us-gaap Valuation Allowances And Reserves Reserves Of Businesses Acquired
ValuationAllowancesAndReservesReservesOfBusinessesAcquired
195000 USD
CY2014 staa Leasehold Improvements Description
LeaseholdImprovementsDescription
Leasehold improvements are depreciated over the shorter of the useful life of the asset or the term of the associated leases.
CY2011 us-gaap Advertising Expense
AdvertisingExpense
1306000 USD
CY2012 us-gaap Advertising Expense
AdvertisingExpense
1810000 USD
CY2014Q1 staa Warrant Issued Under Agreement
WarrantIssuedUnderAgreement
1400000 shares
CY2011 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-121000 USD
CY2012 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2011 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
13000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
12000 USD
CY2012 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
11000 USD
CY2011 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1012000 USD
CY2014 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
721000 USD
CY2012 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
1125000 USD
CY2011 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1025000 USD
CY2014 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
612000 USD
CY2012 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
1136000 USD
CY2011 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2012 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2011 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
331000 USD
CY2014 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
104000 USD
CY2012 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
108000 USD
CY2011 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
331000 USD
CY2014 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
104000 USD
CY2012 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
108000 USD
CY2011 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Foreign
EffectiveIncomeTaxRateReconciliationTaxContingenciesForeign
-0.438 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.340 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.014 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.032 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.079 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.003 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.007 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.014 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
0 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Share Based Compensation Cost
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseShareBasedCompensationCost
-0.560 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
EffectiveIncomeTaxRateReconciliationTaxContingenciesStateAndLocal
-0.043 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
EffectiveIncomeTaxRateReconciliationTaxContingenciesStateAndLocal
0.064 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies State And Local
EffectiveIncomeTaxRateReconciliationTaxContingenciesStateAndLocal
0.092 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Foreign
EffectiveIncomeTaxRateReconciliationTaxContingenciesForeign
-0.197 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Contingencies Foreign
EffectiveIncomeTaxRateReconciliationTaxContingenciesForeign
0.437 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.116 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Tax Credits Foreign
EffectiveIncomeTaxRateReconciliationTaxCreditsForeign
0.031 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
0.291 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
-0.077 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Repatriation Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationRepatriationOfForeignEarnings
-2.234 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
0.055 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
0.125 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Deductions Dividends
EffectiveIncomeTaxRateReconciliationDeductionsDividends
-0.221 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Charitable Contributions
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseCharitableContributions
0 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Charitable Contributions
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseCharitableContributions
0.002 pure
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense Charitable Contributions
EffectiveIncomeTaxRateReconciliationNondeductibleExpenseCharitableContributions
-0.161 pure
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.064 pure
CY2011 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.092 pure
CY2011 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.501 pure
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.643 pure
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-2.401 pure
CY2011 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
919000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
379000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-176000 USD
CY2011 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
37000 USD
CY2014 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
35000 USD
CY2012 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
41000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
8000 USD
CY2011 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
0 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
290000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
-116000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
71000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Contingencies State And Local
IncomeTaxReconciliationTaxContingenciesStateAndLocal
-48000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
-529000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
487000 USD
CY2012 us-gaap Income Tax Reconciliation Tax Contingencies Foreign
IncomeTaxReconciliationTaxContingenciesForeign
227000 USD
CY2011 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
-312000 USD
CY2014 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
0 USD
CY2012 us-gaap Income Tax Reconciliation Tax Credits Foreign
IncomeTaxReconciliationTaxCreditsForeign
16000 USD
CY2011 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
788000 USD
CY2012 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
1158000 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-6000 USD
CY2012 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-431000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
89000 USD
CY2012Q4 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
190000 USD
CY2014Q1 staa Deferred Tax Assets Accrued Vacation
DeferredTaxAssetsAccruedVacation
375000 USD
CY2012Q4 staa Deferred Tax Assets Accrued Vacation
DeferredTaxAssetsAccruedVacation
534000 USD
CY2014Q1 staa Deferred Tax Assets Liabilities Other Current
DeferredTaxAssetsLiabilitiesOtherCurrent
-137000 USD
CY2012Q4 staa Deferred Tax Assets Liabilities Other Current
DeferredTaxAssetsLiabilitiesOtherCurrent
-111000 USD
CY2014Q1 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
0 USD
CY2012Q4 us-gaap Deferred Tax Assets State Taxes
DeferredTaxAssetsStateTaxes
3000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
105000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Legal Settlements
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsLegalSettlements
187000 USD
CY2014Q1 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
741000 USD
CY2014 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-86000 USD
CY2011 us-gaap Income Tax Reconciliation Deductions Dividends
IncomeTaxReconciliationDeductionsDividends
-147000 USD
CY2014 us-gaap Income Tax Reconciliation Deductions Dividends
IncomeTaxReconciliationDeductionsDividends
-140000 USD
CY2012 us-gaap Income Tax Reconciliation Deductions Dividends
IncomeTaxReconciliationDeductionsDividends
-114000 USD
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance Current
DeferredTaxAssetsValuationAllowanceCurrent
1331000 USD
CY2014Q1 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
-366000 USD
CY2012Q4 us-gaap Deferred Tax Assets Liabilities Net Current
DeferredTaxAssetsLiabilitiesNetCurrent
-439000 USD
CY2014Q1 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
50409000 USD
CY2012Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
51533000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
2212000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
1602000 USD
CY2014Q1 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
50082000 USD
CY2012Q4 us-gaap Deferred Tax Assets Valuation Allowance Noncurrent
DeferredTaxAssetsValuationAllowanceNoncurrent
49762000 USD
CY2011 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-2145000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-2131000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-2967000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
2448000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-519000 USD
CY2014Q1 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
655000 USD
CY2012Q4 us-gaap Taxes Payable Current And Noncurrent
TaxesPayableCurrentAndNoncurrent
1034000 USD
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
6.77
CY2012Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
5.89
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
5.10
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
8.53
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
6.17
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
5.30
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P6Y3M7D
CY2014 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y14D
CY2014Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
32745000 USD
CY2014Q1 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
23405000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
731000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Pensions
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsPensions
877000 USD
CY2014Q1 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
360000 USD
CY2012Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
202000 USD
CY2014Q1 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
-1129000 USD
CY2012Q4 us-gaap Deferred Tax Assets Tax Credit Carryforwards Foreign
DeferredTaxAssetsTaxCreditCarryforwardsForeign
-885000 USD
CY2014 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--01-03
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 staa Vested Restricted Stock Grants
VestedRestrictedStockGrants
0 USD
CY2012 staa Vested Restricted Stock Grants
VestedRestrictedStockGrants
0 USD
CY2014 staa Unvested Restricted Stock
UnvestedRestrictedStock
3000 USD
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0000718937
CY2012Q4 staa Compensation Cost Capitalised
CompensationCostCapitalised
150000 USD
CY2011Q4 staa Compensation Cost Capitalised
CompensationCostCapitalised
121000 USD
CY2011 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
3.85
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
CY2013Q2 dei Entity Public Float
EntityPublicFloat
260175508 USD
CY2011 staa Vested Restricted Stock Grants
VestedRestrictedStockGrants
0 USD
CY2014 us-gaap Advertising Cost Policy Expensed Advertising Cost
AdvertisingCostPolicyExpensedAdvertisingCost
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Advertising Cost</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> &#160;</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Advertising costs, which are included in <font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">marketing and</font>&#160;selling expenses, are <font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">expensed</font> as incurred. Advertising costs were $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">2,100,000</font>, $1,810,000, and $1,306,000 for 2013, 2012 and 2011, respectively.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Amendment Flag
AmendmentFlag
false
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-01-03
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
CY2014 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2014 dei Trading Symbol
TradingSymbol
STAA
CY2014Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
37966937 shares
CY2014 dei Entity Registrant Name
EntityRegistrantName
STAAR SURGICAL CO
CY2011 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
26000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2011 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
47000 USD
CY2014 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
0 USD
CY2012 us-gaap Proceeds From Sale Of Other Productive Assets
ProceedsFromSaleOfOtherProductiveAssets
-4000 USD
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Fiscal Year and Interim Reporting Periods</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> &#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">The Company&#8217;s fiscal year ends on the Friday nearest December 31 and each of the Company&#8217;s quarterly reporting periods generally consists of 13 weeks.&#160;&#160;Fiscal year 2013 is based on a 53-week period, while fiscal years 2012 and 2011 are based on a 52-week period.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
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CY2014 us-gaap Concentration Risk Credit Risk
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<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"><i>Concentration of Credit Risk <font style="FONT-SIZE: 10pt">and Revenues</font></i></font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt"> <font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> &#160;</font></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.5in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Financial instruments that potentially subject the Company to credit risk principally consist of trade receivables. This risk is limited due to the large number of customers comprising the Company&#8217;s customer base, and their geographic dispersion. <font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">As of January 3, 2014 and December 28, 2012,</font> there were no customers with trade receivables balances that represented <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 10</font>% or more of consolidated trade receivables. Ongoing credit evaluations of customers&#8217; financial condition are performed and, generally, no collateral is required. The Company maintains reserves for potential credit losses and such losses, in the aggregate, have not exceeded management&#8217;s expectations.</font>&#160;<strong><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> </font></strong></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"> &#160;</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt"><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font><font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">A single customer has accounted for <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 11</font>%, <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 11</font>%, and <font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> 13</font>% of the Company&#8217;s consolidated net sales in each of the last three fiscal years, respectively.</font></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2014 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt" align="justify"><i><font style="FONT-SIZE: 10pt">Prior Year Reclassifications</font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0in 0in 0pt" align="justify"><font style="FONT-SIZE: 10pt">&#160;</font></div> <font style="FONT-FAMILY: 'Times New Roman'; FONT-SIZE: 10pt">Certain reclassifications have been made to the prior financial statement information to conform to current presentation.<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></font> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>

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