Business Segments (Tables)

6 Months Ended

Jun. 29, 2014

Schedule Of Earnings From Business Segments

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								Six months
	(13 weeks) Ended								(26 weeks) Ended
(amounts in thousands)	June 29, 2014				June 30, 2013				June 29, 2014				June 30, 2013
					(As Restated)								(As Restated)
Business segment net revenue:
Merchandise Availability Solutions	$	111,478		⁽¹⁾	$	111,604		⁽²⁾	$	204,942		⁽³⁾	$	205,854		⁽⁴⁾
Apparel Labeling Solutions	47,659				48,442				89,740				89,275
Retail Merchandising Solutions	11,788				12,244				23,649				25,334
Total revenues	$	170,925			$	172,290			$	318,331			$	320,463
Business segment gross profit:
Merchandise Availability Solutions	$	51,262			$	50,406			$	95,204			$	87,734
Apparel Labeling Solutions	17,251				14,551				31,336				25,547
Retail Merchandising Solutions	3,994				4,934				8,253				9,876
Total gross profit	72,507				69,891				134,793				123,157
Operating expenses	59,520			⁽⁵⁾	63,503			⁽⁶⁾	119,640			⁽⁷⁾	118,984			⁽⁸⁾
Interest expense, net	(914		)		(2,925		)		(1,903		)		(5,090		)
Other gain (loss), net	(442		)		(1,966		)		(528		)		(2,511		)
Earnings (loss) from continuing operations before income taxes	$	11,631			$	1,497			$	12,722			$	(3,428	)


⁽¹⁾	Includes net revenue from EAS systems, Alpha^® and EAS consumables of $46.4 million, $30.7 million and $28.3 million, respectively, representing more than 10% of total revenue.


⁽²⁾	Includes net revenue from EAS systems, Alpha^® and EAS consumables of $47.7 million, $29.5 million and $26.7 million, respectively, representing more than 10% of total revenue.


⁽³⁾	Includes net revenue from EAS systems, Alpha^® and EAS consumables of $86.5 million, $55.5 million and $52.7 million, respectively, representing more than 10% of total revenue.


⁽⁴⁾	Includes net revenue from EAS systems, Alpha^®and EAS consumables of $92.3 million, $54.0 million and $48.6 million, respectively, representing more than 10% of total revenue.


⁽⁵⁾	Includes a $0.3 million restructuring charge.


⁽⁶⁾	Includes a $1.6 million restructuring charge, a $1.2 million charge related to our CFO transition, a $0.3 million acquisition charge, and a $0.2 million gain on sale of our interest in the non-strategic Sri Lanka subsidiary.


⁽⁷⁾	Includes a $2.2 million restructuring charge.


⁽⁸⁾	Includes a $3.6 million restructuring charge, a $1.2 million charge related to our CFO transition, a $0.4 million acquisition charge, a benefit of $6.6 million due to a litigation accrual reversal, and a $0.2 million gain on sale of our interest in the non-strategic Sri Lanka Subsidiary.

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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