Business Segments

6 Months Ended

Jun. 26, 2011

Business Segments

Business Segments

Note 13. BUSINESS SEGMENTS

During the three and six months ended June 26, 2011, the Company's acquisition of the Shore to Shore businesses resulted in an increase in Apparel Labeling Solutions segment assets. Specific segment data are as follows:

(amounts in thousands)	Quarter (13 weeks) Ended				Six Months (26 weeks) Ended
	June 26, 2011		June 27, 2010		June 26, 2011		June 27, 2010
Business segment net revenue:
Shrink Management Solutions	$ 148,298		$ 143,837		$ 273,809		$ 273,267
Apparel Labeling Solutions	53,857		48,185		95,217		88,408
Retail Merchandising Solutions	17,776		16,154		35,578		33,957
Total revenues	$ 219,931		$ 208,176		$ 404,604		$ 395,632
Business segment gross profit:
Shrink Management Solutions	$   61,435		$   64,738		$ 109,253		$ 120,943
Apparel Labeling Solutions	15,574		18,313		29,480		33,709
Retail Merchandising Solutions	8,483		7,713		17,133		16,663
Total gross profit	85,492		90,764		155,866		171,315
Operating expenses, net	72,882	(1)	76,648	(2)	153,837	(3)	151,578	(4)
Interest (expense) income, net	(1,191)		(723)		(1,867)		(1,655)
Other gain (loss), net	(376)		(1,462)		(266)		(1,196)
Earnings before income taxes	$   11,043		$    11,931		$     (104)		$   16,886

(1)   Includes a $1.5 million restructuring charge and $2.0 million in acquisition costs.

(2)   Includes a $1.2 million restructuring charge.

(3)   Includes a $3.1 million restructuring charge and $2.2 million in acquisition costs.

(4)   Includes a $1.6 million restructuring charge.