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Commitments and Contingencies
9 Months Ended
Sep. 28, 2012
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies Disclosure [Text Block]

Note 11— Commitments and Contingencies

 

The Company has accrued $0.6 million as of September 28, 2012 in termination benefit costs in connection with its manufacturing consolidation project. The accrual represents STAAR’s current best estimate of the termination benefits that will be paid to the eligible employees. The total severance of approximately $1.4 million is expected to be paid out by first quarter of 2014. In addition, the Company expects to spend approximately $700,000 on tenant improvements during the fourth quarter of 2012.