Supplemental Cash Flow Information

9 Months Ended

Sep. 23, 2012

Supplemental Cash Flow Information [Abstract]

Supplemental Cash Flow Information

SUPPLEMENTAL CASH FLOW INFORMATION

Cash payments for interest and income taxes for the nine months ended September 23, 2012 and September 25, 2011 were as follows:

(amounts in thousands)
Nine months ended	September 23, 2012		September 25, 2011
Interest	$	8,194	$	5,660
Income tax payments	$	8,229	$	9,309

In January 2011, the Company entered into an agreement to acquire the Shore to Shore businesses, through the acquisition of equity and/or assets, which together is a retail apparel and footwear product identification business which designs, manufactures and sells tags and labels, brand protection, and EAS solutions/labels. The acquisition was settled on May 16, 2011 for approximately $78.7 million, net of cash acquired of $1.9 million and the assumption of debt of $4.2 million. The purchase price was funded by $66.7 million of cash from operations (with $27.8 million paid in the third quarter of 2011) and $9.2 million of borrowings under our Senior Secured Credit Facility. The acquisition payment, net of cash acquired, is reflected in the acquisition of businesses line within investing activities on the Consolidated Statement of Cash Flows.

At September 23, 2012 and September 25, 2011, the Company accrued $0.6 million and $3.0 million of capital expenditures, respectively. These amounts were excluded from the Consolidated Statements of Cash Flows at September 23, 2012 and September 25, 2011 since they represent non-cash investing activities. Accrued capital expenditures at September 23, 2012 and September 25, 2011 are included in accounts payable and other accrued expenses on the Consolidated Balance Sheets.