| Address:
|
1911 WALKER AVE
|
| City: |
MONROVIA |
|
State: |
CA |
|
Zip Code: |
91016 |
| Telephone: |
626-303-7902 |
|
Description of Business
|
Primary SIC Code:
3851 |
| (As filed with the SEC)
|
|
|
STAAR Surgical Company designs, develops, manufactures and sells implantable
lenses for the eye. We make lenses both for use in surgery that treats
cataracts, and for use in corrective or "refractive" surgery. All of the leases
we make are foldable, which permits the surgeon to insert them through a small
incision in minimally invasive surgery. Cataract surgery is a relatively simple
outpatient procedure where the eye's natural lens is removed and replaced with
an artificial lens called an intraocular lens (IOL) to restore the patient's
vision. Refractive surgery is performed to correct the type of visual disorders
that have traditionally been treated with glasses or contact lenses. We refer to
our lenses used in refractive surgery as "implantable Collamer® lenses" or
"ICLs." Refractive surgery includes lens-based or laser-based
procedures. Successful refractive eye surgery can correct common vision
disorders such as myopia, hyperopia and astigmatism. ... More ... |
| Date |
12-mos
Rolling EPS |
Dividend |
P/E
Ratio |
| 06/2010 | -0.14 | NA | N/E | | 03/2010 | -0.13 | NA | N/E | | 12/2009 | -0.19 | NA | N/E | | 09/2009 | -0.47 | NA | N/E | | 06/2009 | -0.49 | NA | N/E | | 03/2009 | -0.55 | NA | N/E | | 12/2008 | -0.79 | NA | N/E | | 09/2008 | -0.62 | NA | N/E |
Key Financial Ratios and Statistics |
FYE:
01/01 |
| Profitability |
2010 |
Leverage |
2010 |
| Net Inc/Comm Equity | -0.04 | Total Liab/Total Assets | 0.53 | | Net Inc/Total Assets | -0.11 | Total Liab/Inv Cap | 1.27 | | Net Inc/Inv Cap | -0.26 | Total Liab/Comm Equity | 0.22 | | Pretax Inc/Net Sales | -0.06 | Interest Coverage Ratio | -2.54 | | Net Inc/Net Sales | -0.08 | Curr Debt/Equity | 0.35 | | Cash Flow/Net Sales | 0.02 | LTD/Equity | 0.05 | | SG&A/NetSales | 0.60 | Total Debt/Equity | 0.41 |
| Asset Utilization
|
|
Liquidity |
|
| Net Receivables Turnover | 8.52 | Quick Ratio | 0.95 | | Inventory Turnover | 2.12 | Current Ratio | 1.50 | | Inventory Day Sales | 0.01 | Net Rec/Curr Assets | 0.23 | | Net Sales/Work Cap | 5.60 | Inv/Curr Assets | 0.37 | | Net Sales/PP&E | 15.05 | | |
Income Statement (Millions) |
| |
7/2/2010
|
4/2/2010
|
1/1/2010
|
10/2/2009
|
|
Total Revenues(Net Sales)
|
13.64
|
13.78
|
19.83
|
30.20
|
|
Cost of Goods Sold
|
4.96
|
4.95
|
8.78
|
14.99
|
|
Selling & Admin Exps
|
8.10
|
7.22
|
15.97
|
13.76
|
|
Operating Income
|
-0.80
|
0.08
|
-0.76
|
-0.09
|
|
Interest Exp
|
0.22
|
0.41
|
0.15
|
0.56
|
|
Pretax Income
|
-1.72
|
-0.34
|
-0.92
|
-0.60
|
|
Other Income
|
-0.70
|
-0.01
|
-0.01
|
0.05
|
|
Net Income Bef Extraordinary ...
|
NA
|
NA
|
NA
|
NA
|
|
Net Income
|
-1.63
|
3.53
|
-1.48
|
-1.97
|
|
Assets
|
7/2/2010
|
4/2/2010
|
1/1/2010
|
10/2/2009
|
|
Cash & Short Term Investments
|
8.03
|
23.81
|
13.73
|
13.01
|
|
Receivables - Total
|
6.82
|
6.90
|
9.27
|
9.41
|
|
Inventories - Total
|
10.92
|
11.06
|
14.82
|
15.30
|
|
Total Current Assets
|
27.58
|
44.18
|
40.41
|
39.92
|
|
Net Property, Plant & Equipment
|
3.32
|
3.54
|
5.01
|
5.18
|
|
Total Assets
|
37.54
|
54.49
|
58.68
|
59.22
|
|
Liabilities
|
|
|
|
|
|
Accounts Payable
|
3.37
|
3.95
|
11.78
|
6.46
|
|
Debt in Current Liabilities
|
2.72
|
7.33
|
7.46
|
3.16
|
|
Total Current Liabilities
|
12.29
|
21.44
|
26.94
|
21.75
|
|
Long-Term Debt
|
0.69
|
0.73
|
1.10
|
5.47
|
|
Total Liabilities
|
15.68
|
25.06
|
30.83
|
29.98
|
|
Stockholder's Equity
|
|
|
|
|
|
Minority Interest
|
NA
|
NA
|
NA
|
NA
|
|
Preferred Stock
|
NA
|
NA
|
NA
|
NA
|
|
Common Stock
|
0.35
|
0.35
|
0.35
|
0.35
|
|
Retained Earnings
|
-130.19
|
-128.56
|
-132.09
|
-130.61
|
|
Treasury Stock
|
NA
|
NA
|
NA
|
NA
|
|
Total Stockholders' Equity
|
21.86
|
22.64
|
21.07
|
22.46
|
|
Total Liabilities and Stockholders' Equity
|
37.54
|
47.70
|
51.90
|
52.44
|
Cash Flow Summary (Millions) |
|
Categories
|
7/2/2010
|
4/2/2010
|
1/1/2010
|
10/2/2009
|
|
Net Cash Provided by Operating Activities
|
-3.70
|
-1.40
|
1.13
|
0.46
|
|
Net Cash Provided by Investing Activities
|
7.02
|
11.76
|
-0.26
|
0.16
|
|
Net Cash Provided by Financing Activities
|
-11.88
|
-0.33
|
-0.34
|
-0.92
|
Annual Summary Data (Millions) |
| Year |
Sales |
Net
Income |
EPS |
| 01/2005 | 51.30 | -11.18 | -0.58 | | 01/2006 | 56.28 | -15.04 | -0.47 | | 01/2007 | 59.36 | -16.00 | -0.60 | | 01/2009 | 74.89 | -23.20 | -0.79 | | 01/2010 | 75.34 | -6.20 | -0.19 | | Growth Rates | 10.08 | -- | -- |
| Type |
Date(Q,M) |
No.
Owners |
Shares
Held (000s) |
%
Own |
| Institutional | 06/30/10 | 62 | 25,081 | 71.77 |
|
Report Date :
8/30/2010
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