XML 38 R32.htm IDEA: XBRL DOCUMENT v3.24.1.u1

Stockholders' Equity (Tables)

3 Months Ended

Mar. 29, 2024

Stockholders' Equity Note [Abstract]

Schedule of Compensation Cost

The cost that has been charged against income for stock-based compensation is set forth below (in thousands):

		Three Months Ended
		March 29, 2024				March 31, 2023
Employee stock options		$	3,173			$	2,977
Restricted stock			28				67
RSUs			2,312				1,601
PSUs			685				1,106
Nonemployee stock options			141				314
Total stock-based compensation expense		$	6,339			$	6,065

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs

The Company recorded stock-based compensation costs in the following categories (in thousands):

		Three Months Ended
		March 29, 2024				March 31, 2023
Cost of sales		$	298			$	149
General and administrative			3,075				3,363
Selling and marketing			1,210				857
Research and development			1,756				1,696
Total stock-based compensation expense, net			6,339				6,065
Amounts capitalized as part of inventory			337				369
Total stock-based compensation expense, gross		$	6,676			$	6,434

Schedule of Unrecognized Compensation Cost, Non-Vested Stock-Based Compensation Arrangements

As of March 29, 2024, total unrecognized compensation cost related to non-vested stock-based compensation arrangements were as follows (in thousands):

		March 29, 2024
Stock options		$	28,392
Restricted stock, RSUs and PSUs			43,614
Total unrecognized stock-based compensation cost		$	72,006

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The risk-free rate is based on the U.S. Treasury yield curve corresponding to the expected term at the time of the grant.

		Three Months Ended
		March 29, 2024				March 31, 2023
Expected dividend yield			0	%			0	%
Expected volatility			59	%			60	%
Risk-free interest rate			4.16	%			3.96	%
Expected term (in years)			5.29				5.05

Schedule of Share-based Compensation, Stock Options, Activity

A summary of stock option activity under the Equity Plan for three months ended March 29, 2024 is presented below:

		Stock Options (in 000’s)				Weighted- Average Exercise Price				Weighted- Average Remaining Contractual Term (years)				Aggregate Intrinsic Value (in 000’s)
Outstanding at December 29, 2023			2,630			$	46.38
Granted			523				37.21
Exercised			(187	)			28.50
Forfeited or expired			(83	)			76.05
Outstanding at March 29, 2024			2,883			$	45.01				6.98			$	16,386
Exercisable at March 29, 2024			1,668			$	42.93				5.41			$	15,090

Schedule of Share-based Compensation, Restricted Stock, RSU and PSU Activity

A summary of restricted stock, RSU and PSU activity under the Equity Plan for the three months ended March 29, 2024 is presented below (shares in thousands):

		Restricted Stock				RSUs				PSUs
Unvested at December 29, 2023			14				401				56
Granted			—				415				390
Vested			—				(110	)			(24	)
Forfeited or expired			(4	)			(1	)			(4	)
Unvested at March 29, 2024			10				705				418

X

- Definition

Tabular disclosure of compensation cost that has been charged against income.

+ References

No definition available.

+ Details

Name:	staa_ScheduleOfCompensationCostTableTextBlock
Namespace Prefix:	staa_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Schedule of share based compensation restricted stock and restricted stock units activity and performance stock units.

+ References

No definition available.

+ Details

Name:	staa_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityAndPerformanceStockUnitsTableTextBlock
Namespace Prefix:	staa_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (i)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfUnrecognizedCompensationCostNonvestedAwardsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration