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Geographic and Product Data
 6 Months Ended
Jul. 01, 2016
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. Other than Japan, China, the United States, Korea, Spain, France and Germany, the Company does not conduct business in any country in which its sales exceed 5% of worldwide 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
 
 
 
July 1,
 
July 3,
 
July 1,
 
July 3,
 
 
 
2016
 
2015
 
2016
 
2015
 
Japan
 
$
3,989
 
$
3,980
 
$
8,229
 
$
8,267
 
China
 
 
4,417
 
 
3,327
 
 
7,495
 
 
5,698
 
United States
 
 
2,420
 
 
2,723
 
 
4,936
 
 
5,589
 
Korea
 
 
1,665
 
 
1,269
 
 
3,687
 
 
3,612
 
Spain
 
 
1,528
 
 
1,486
 
 
2,980
 
 
2,964
 
France
 
 
1,103
 
 
888
 
 
2,230
 
 
2,039
 
Germany
 
 
1,153
 
 
694
 
 
2,120
 
 
1,190
 
Other
 
 
4,699
 
 
4,290
 
 
8,566
 
 
8,155
 
Total
 
$
20,974
 
$
18,657
 
$
40,243
 
$
37,514
 
 
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
 
 
 
July 1,
 
July 3,
 
July 1,
 
July 3,
 
 
 
2016
 
2015
 
2016
 
2015
 
ICLs
 
$
15,408
 
$
12,236
 
$
28,588
 
$
24,490
 
IOLs
 
 
5,068
 
 
5,204
 
 
10,134
 
 
10,562
 
Core products
 
 
20,476
 
 
17,440
 
 
38,722
 
 
35,052
 
Other surgical products
 
 
498
 
 
1,217
 
 
1,521
 
 
2,462
 
Total
 
$
20,974
 
$
18,657
 
$
40,243
 
$
37,514
 
 
One customer, our distributor in China, accounted for 21% and 19% of net sales for the three and six months ended July 1, 2016, respectively, and one customer accounted for 16% and 14% of net sales for the three and six months ended July 3, 2015, respectively. As of July 1, 2016, two customers, our distributors in China and Korea, accounted for 23% and 10%, respectively of consolidated trade receivables. As of January 1, 2016, there was one customer, our distributor in China, which accounted for 24% of consolidated trade receivables.