Business Segments

9 Months Ended

Sep. 25, 2011

Business Segments

Business Segments

Note 13. BUSINESS SEGMENTS

During the three and nine months ended September 25, 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				Nine Months (39 weeks) Ended
	September 25, 2011		September 26, 2010		September 25, 2011		September 26, 2010
Business segment net revenue:
Shrink Management Solutions	$ 150,796		$ 147,314		$  424,605		$ 420,580
Apparel Labeling Solutions	49,488		39,014		144,705		127,422
Retail Merchandising Solutions	17,842		16,996		53,420		50,954
Total revenues	$ 218,126		$ 203,324		$  622,730		$ 598,956
Business segment gross profit:
Shrink Management Solutions	$   58,510		$   61,620		$  170,139		$ 182,563
Apparel Labeling Solutions	14,733		12,026		41,837		45,735
Retail Merchandising Solutions	8,377		8,233		25,510		24,896
Total gross profit	81,620		81,879		237,486		253,194
Operating expenses, net	90,223	(1)	68,817	(2)	244,060	(3)	220,395	(4)
Interest (expense) income, net	(1,237)		(862)		(3,104)		(2,517)
Other gain (loss), net	(783)		(88)		(1,049)		(1,284)
(Loss) earnings before income taxes	$ (10,623)		$   12,112		$ (10,727)		$   28,998

(1)   Includes a $17.4 million restructuring charge and $2 thousand in acquisition costs.

(2)   Includes a $1.2 million restructuring charge.

(3)   Includes a $20.5 million restructuring charge and $2.2 million in acquisition costs.

(4)   Includes a $2.8 million restructuring charge.