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Business Segments
6 Months Ended
Jun. 24, 2012
Segment Reporting [Abstract]  
Business Segments
BUSINESS SEGMENTS
 
Quarter
 
Six Months
 
 
(13 weeks) Ended
 
(26 weeks) Ended
 
(amounts in thousands)
June 24,
2012

 
June 26,
2011

 
June 24,
2012

 
June 26,
2011

 
 
 
 
(As Revised)

 
 
 
(As Revised)

 
Business segment net revenue:
 
 
 
 
 
 
 
 
Shrink Management Solutions
$
134,068

 
$
145,177

 
$
240,174

 
$
267,901

 
Apparel Labeling Solutions
51,749

 
53,857

 
92,148

 
95,217

 
Retail Merchandising Solutions
12,579

 
17,776

 
28,371

 
35,578

 
Total revenues
$
198,396

 
$
216,810

 
360,693

 
$
398,696

 
Business segment gross profit:
 
 
 
 
 
 
 
 
Shrink Management Solutions
$
52,802

 
$
60,927

 
$
95,499

 
$
108,456

 
Apparel Labeling Solutions
14,904

 
15,574

 
21,525

 
29,480

 
Retail Merchandising Solutions
5,153

 
8,483

 
12,192

 
17,133

 
Total gross profit
72,859

 
84,984

 
129,216

 
155,069

 
Operating expenses
158,344

(1) 
71,433

(2) 
234,342

(3) 
150,549

(4) 
Interest (expense) income, net
(1,544
)
 
(1,191
)
 
(2,979
)
 
(1,867
)
 
Other gain (loss), net
(146
)
 
(376
)
 
(296
)
 
(266
)
 
(Loss) earnings from continuing operations before income taxes
$
(87,175
)
 
$
11,984

 
(108,401
)
 
$
2,387

 

(1) 
Includes a $64.4 million goodwill impairment charge, a $21.3 million restructuring charge, a $2.9 million charge related to our CEO transition, and a $0.1 million acquisition charge.
(2) 
Includes a $1.5 million restructuring charge, a $2.0 million acquisition charge, and a $0.1 million charge related to improper and fraudulent Canadian activities.
(3) 
Includes a $64.4 million goodwill impairment charge, a $23.0 million restructuring charge, a $2.9 million charge related to our CEO transition, a $0.7 million charge for forensic and legal fees associated with the improper and fraudulent Canadian activities, and a $0.1 million acquisition charge.
(4) 
Includes a $3.1 million restructuring charge, a $2.2 million acquisition charge, and a $0.3 million charge related to improper and fraudulent Canadian activities.