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Business Segments
 9 Months Ended
Sep. 29, 2013
Segment Reporting [Abstract]  
Business Segments
BUSINESS SEGMENTS

Historically, we have reported our results of operations in three segments: Shrink Management Solutions (SMS), Apparel Labeling Solutions (ALS), and Retail Merchandising Solutions (RMS). During the third quarter of 2013, we adjusted the product allocation between our SMS and ALS segments, renamed the SMS segment Merchandise Availability Solutions (MAS) and began reporting our segments as: Merchandise Availability Solutions, Apparel Labeling Solutions, and Retail Merchandising Solutions. The three and nine months ended September 23, 2012 have been conformed to reflect the segment change.

ALS now includes the results of our radio frequency identification (RFID) labels business (previously reported in SMS), coupled with our data management platform and network of service bureaus that manage the printing of variable information on apparel labels and tags. This change aligns us with our refined ALS strategy to be a leading supplier of apparel labeling solutions, with expertise in intelligent apparel labels for item-level tracking and loss prevention. Our MAS segment, which is focused on loss prevention and Merchandise Visibility™ (RFID), includes EAS systems, EAS consumables, Alpha® high-theft solutions, RFID systems and software and non-U.S. and Canada-based CheckView®. There were no changes to the RMS Segment.





 
Quarter
 
Nine Months
 
 
(13 weeks) Ended
 
(39 weeks) Ended
 
(amounts in thousands)
September 29,
2013

 
September 23,
2012

 
September 29,
2013

 
September 23,
2012

 
Business segment net revenue:
 
 
 
 
 
 
 
 
Merchandise Availability Solutions
$
117,203

 
$
113,691

 
$
323,448

 
$
314,179

 
Apparel Labeling Solutions
45,442

 
42,577

 
134,716

 
135,516

 
Retail Merchandising Solutions
11,821

 
12,545

 
37,155

 
40,916

 
Total revenues
$
174,466

 
$
168,813

 
$
495,319

 
$
490,611

 
Business segment gross profit:
 
 
 
 
 
 
 
 
Merchandise Availability Solutions
$
51,704

 
$
52,423

 
$
139,841

 
$
142,177

 
Apparel Labeling Solutions
14,741

 
10,350

 
40,288

 
31,949

 
Retail Merchandising Solutions
3,811

 
5,887

 
13,687

 
18,079

 
Total gross profit
70,256

 
68,660

 
193,816

 
192,205

 
Operating expenses
56,539

(1) 
65,345

(2) 
174,920

(3) 
292,918

(4) 
Interest (expense) income, net
(2,159
)
 
(4,272
)
 
(6,236
)
 
(7,251
)
 
Other gain (loss), net
(1,002
)
 
325

 
(3,513
)
 
29

 
Earnings (loss) from continuing operations before income taxes
$
10,556

 
$
(632
)
 
$
9,147

 
$
(107,935
)
 


(1) 
Includes a $0.9 million restructuring charge and a $0.3 million acquisition charge.
(2) 
Includes a $4.1 million restructuring charge and a $17 thousand acquisition charge.
(3) 
Includes a $4.6 million restructuring charge, a $1.2 million charge related to our CFO transition, a $0.7 million acquisition charge, a benefit of $6.6 million due to a litigation settlement reversal, and a $0.2 million gain on sale of our interest in the non-strategic Sri Lanka subsidiary.
(4) 
Includes a $64.4 million goodwill impairment charge, a $27.1 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 improper and fraudulent Canadian activities, and a $0.1 million acquisition charge.