Business Segments

3 Months Ended

Mar. 30, 2014

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 months ended March 31, 2013 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
	(13 weeks) Ended
(amounts in thousands)	March 30, 2014				March 31, 2013
					(As Restated)
Business segment net revenue:
Merchandise Availability Solutions	$	93,464			$	94,250
Apparel Labeling Solutions	42,081				40,833
Retail Merchandising Solutions	11,861				13,090
Total revenues	$	147,406			$	148,173
Business segment gross profit:
Merchandise Availability Solutions	$	43,942			$	37,328
Apparel Labeling Solutions	14,085				10,996
Retail Merchandising Solutions	4,259				4,942
Total gross profit	62,286				53,266
Operating expenses	60,120			(1)	55,481			(2)
Interest (expense) income, net	(989		)		(2,165		)
Other gain (loss), net	(86		)		(545		)
Earnings (loss) from continuing operations before income taxes	$	1,091			$	(4,925	)

⁽¹⁾  Includes a $1.9 million restructuring charge.

⁽²⁾  Includes a benefit of $6.6 million due to a litigation accrual reversal, a $2.0 million restructuring charge and a $0.2 million acquisition charge.