Summary Of Significant Accounting Polices (Tables)

3 Months Ended

Mar. 25, 2012

Summary Of Significant Accounting Polices [Abstract]

Effects Of Adjustment On (Loss) Earnings Per Share

	March 27,2011
(Loss) earnings attributable to Checkpoint Systems, Inc. per share	Basic EPS	Diluted EPS
As Previously Reported	$ (0.23)	$ (0.23)
Revision Adjustments:
Canada Adjustments	0.02	0.02
As Revised for Revision Adjustments	$ (0.21)	$ (0.21)
Discontinued Operations Adjustments	(0.01)	(0.01)
As Revised in this Quarterly Report on Form 10-Q	$ (0.22)	$ (0.22)

Effects Of Adjustment On Net (Loss) Earnings Attributable To Parent And (Loss) Income From Continuing Operations

	Net (Loss) Earnings Attributable to Checkpoint Systems, Inc.	(Loss) Income from Continuing  Operations Before Income Taxes
(amounts in thousands)	Mar. 27, 2011	Mar. 27, 2011
As Previously Reported	$ (9,311)	$  (11,147)
Revision Adjustments:
Canada Adjustments	616	823
As Revised for Revision Adjustments	$ (8,695)	$  (10,324)
Discontinued Operations Adjustments	—	727
As Revised in this Quarterly Report on Form 10-Q	$ (8,695)	$   (9,597)

Effects Of Adjustment On Income Tax (Benefit) Expense And Operating (Loss) Income

	Income Tax (Benefit) Expense	Operating (Loss) Income
(amounts in thousands)	Mar. 27, 2011	Mar. 27, 2011
As Previously Reported	$ (1,836)	$  (10,581)
Revision Adjustments:
Canada Adjustments	207	823
As Revised for Revision Adjustments	$ (1,629)	$    (9,758)
Discontinued Operations Adjustments	254	727
As Revised in this Quarterly Report on Form 10-Q	$ (1,375)	$   (9,031)

Consolidated Statements Of Operations

(amounts in thousands, except per share data)	March 27, 2011
Quarter ended	As Previously Reported	As Revised for Revision Adjustments	As Revised in this Quarterly Report on Form 10-Q
Net revenues	$  184,673	$  184,673	$  181,886
Cost of revenues	114,299	114,299	111,801
Gross profit	70,374	70,374	70,085
Selling, general, and administrative expenses	74,569	73,499	72,297
Research and development	4,789	4,789	4,789
Restructuring expenses	1,597	1,597	1,597
Acquisition costs	—	—	186
Other expense	—	247	247
Operating loss	(10,581)	(9,758)	(9,031)
Interest income	966	966	966
Interest expense	1,642	1,642	1,642
Other gain (loss), net	110	110	110
Loss from continuing operations before income taxes	(11,147)	(10,324)	(9,597)
Income taxes benefit	(1,836)	(1,629)	(1,375)
Net loss from continuing operations	(9,311)	(8,695)	(8,222)
Loss from discontinued operations, net of tax benefit of $0, $0, and $254	—	—	(473)
Net loss	(9,311)	(8,695)	(8,695)
Less: loss attributable to non-controlling interests	—	—	—
Net loss attributable to Checkpoint Systems, Inc.	$   (9,311)	$   (8,695)	$   (8,695)
Basic loss attributable to Checkpoint Systems, Inc. per share:
Loss from continuing operations	$     (0.23)	$     (0.21)	$     (0.21)
Loss from discontinued operations, net of tax	$          —	$          —	$     (0.01)
Basic loss attributable to Checkpoint Systems, Inc. per share	$     (0.23)	$     (0.21)	$     (0.22)
Diluted loss attributable to Checkpoint Systems, Inc. per share:
Loss from continuing operations	$     (0.23)	$     (0.21)	$     (0.21)
Loss from discontinued operations, net of tax	$          —	$          —	$     (0.01)
Diluted loss attributable to Checkpoint Systems, Inc. per share	$     (0.23)	$     (0.21)	$     (0.22)

Consolidated Statements Of Comprehensive Income

(amounts in thousands)	March 27, 2011
Quarter ended	As Previously Reported	As Revised in this Quarterly Report on Form 10-Q
Net loss	$ (9,311)	$ (8,695)
Amortization of pension plan actuarial gains, net of tax	(256)	(256)
Change in realized and unrealized losses on derivative hedges, net of tax	(1,819)	(1,819)
Foreign currency translation adjustment	18,595	18,520
Comprehensive income	7,209	7,750
Less: comprehensive loss attributable to non-controlling interests	—	—
Comprehensive income attributable to Checkpoint Systems, Inc.	$   7,209	$   7,750

Consolidated Statements Of Cash Flows

(amounts in thousands)	March 27,2011
Quarter ended	As Previously Reported	As Revised in this Quarterly Report on Form 10-Q
Cash flows from operating activities:
Net loss	$     (9,311)	$      (8,695)
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	8,361	8,361
Deferred taxes	123	330
Stock-based compensation	2,827	2,827
Provision for losses on accounts receivable	17	17
Excess tax benefit on stock compensation	(532)	(532)
Loss on disposal of fixed assets	42	42
Decrease (increase) in current assets, net of the effects of acquired companies:
Accounts receivable	16,656	16,779
Inventories	(10,316)	(10,430)
Other current assets	(2,078)	(2,194)
(Decrease) increase in current liabilities, net of the effects of acquired companies:
Accounts payable	(1,369)	(1,593)
Income taxes	(3,532)	(3,171)
Unearned revenues	7,919	7,919
Restructuring reserve	278	278
Other current and accrued liabilities	1,898	2,209
Net cash provided by operating activities	10,983	12,147
Cash flows from investing activities:
Acquisition of property, plant, and equipment and intangibles	(4,335)	(4,335)
Change in restricted cash	(243)	(243)
Other investing activities	2	2
Net cash used in investing activities	(4,576)	(4,576)
Cash flows from financing activities:
Proceeds from stock issuances	1,222	1,222
Excess tax benefit on stock compensation	532	532
Proceeds from short-term debt	—	—
Payment of short-term debt	(337)	(337)
Net change in factoring and bank overdrafts	(691)	(691)
Proceeds from long-term debt	4,118	4,118
Payment of long-term debt	(3,183)	(3,183)
Net cash provided by financing activities	1,661	1,661
Effect of foreign currency rate fluctuations on cash and cash equivalents	6,776	6,746
Net increase in cash and cash equivalents	14,844	15,978
Cash and cash equivalents:
Beginning of period	173,802	172,473
End of period	$   188,646	$   188,451

Schedule Of Movement Of Warranty Reserves

Quarter ended	March 25, 2012
Balance at beginning of year	$   5,857
Accruals for warranties issued, net	1,208
Settlements made	(1,230)
Foreign currency translation adjustment	52
Balance at end of period	$   5,887