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STAAR Surgical Reports 19% Revenue Growth Second Quarter
Date:8/2/2011

aids, deposits, and other current assets1,7541,715   Total current assets32,77529,986Property, plant, and equipment, net3,4193,732Intangible assets, net3,2963,672Goodwill1,7861,786Deferred income taxes202202Other assets1,1661,207   Total assets$  42,644$
40,585LIABILITIES AND STOCKHOLDERS' EQUITYCurrent liabilities:Line of credit$
2,480$
2,460Accounts payable3,4523,717Deferred income taxes326326Obligations under capital leases 393431Other current liabilities5,7376,513   Total current liabilities12,38813,447Obligations under capital leases 1,3411,403Deferred income taxes606488Other long-term liabilities2,7612,820Total liabilities17,09618,158Stockholders' equity:Common stock355351Additional paid-in capital154,108152,014Accumulated other comprehensive income1,9622,100Accumulated deficit(130,877)(132,038)   Total stockholders' equity25,54822,427Total liabilities and stockholders' equity$  42,644$
40,585STAAR Surgical CompanyCondensed Consolidated Statements of Operations(In 000's except for per share data)Three Months EndedSix Months Ended% ofJuly 1,% ofJuly 2Change% ofJuly 1,% ofJuly 2ChangeSales2011Sales2010Amount%Sales2011Sales2010Amount%Net sales100.0%

$
,269100.0%

$
3,639$
2,63019.3%100.0%

$
31,118100.0%

$
27,417$
3,70113.5%Cost of sales33.2%

5,40836.4%

4,9604489.0%34.2%

10,62836.1%

9,9097197.3%Gross profit66.8%

10,86163.6%

8,6792,18225.1%65.8%

20,49063.9%

17,5082,98217.0%Selling, general and administrative expenses:  General and administrative25.2%

4,09824.0%

3,26883025.4%24.5%

7,62824.3%

6,65797114.6%  Marketing and selling25.8%

4,20030.3%

4,134661.6%27.8%

8,65929.1%

7,9656948.7%  Research and development8.6%

1,39310.1%

1,376171.2%9.1%

2,82510.6%

2,909(84)-2.9%  Other general and administrative expenses0.0%

-5.1%
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SOURCE STAAR Surgical Company
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Related medicine technology :

1. STAAR Surgical Reports First Quarterly Profit from Continuing Operations Since 2000
2. STAAR Surgicals nanoFLEX™ Collamer® IOL Receives CE Mark Approval
3. STAAR Surgical Launches Second Phase of Visian ICL Direct-to-Consumer Advertising Campaign
4. STAAR Surgical Enters Into Distribution Agreement With Ellex in Australia
5. STAAR Surgical Announces Fourth Quarter 2010 Revenue Expected to Exceed $14.2 Million
6. STAAR Surgicals Visian® ICL Surpasses 200,000 Implants
7. STAAR Surgical Reports Continued Double Digit Core Revenue Growth
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9. STAAR Surgical Generates $464,000 in Cash from Operations During Third Quarter
10. STAAR Surgical Announces Third Quarter 2009 Earnings Release Date and Conference Call
11. STAAR Surgical to Present at the 20th Annual Oppenheimer Healthcare Conference in New York
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