Property Plant and Equipment

12 Months Ended

Oct. 29, 2011

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

Property, Plant and Equipment

Property, plant and equipment at October 29, 2011 and October 30, 2010 consisted of the following:



	2011			2010
Land	$	9,883		$	9,820
Buildings and leasehold improvements	102,920			96,946
Machinery and equipment	389,030			373,898
Computer equipment and software	39,008			39,428
Furniture and fixtures	4,196			4,663
	545,037			524,755
Accumulated depreciation	(336,963		)	(312,911		)
	$	208,074		$	211,844

In 2011, the Company performed impairment analyses on certain fixed assets pursuant to ASC 360, Property, Plant and Equipment, for certain buildings and machinery and equipment that had indications that the carrying amount may not be recoverable. Based on the Company's impairment analyses using the sum of the undiscounted cash flows associated with each asset (asset group) tested, the Company determined that none of the assets tested were impaired.

In 2010, due to a change in the manner and extent to which certain fixed assets will be used, the Company performed impairment analyses pursuant to ASC 360, Property, Plant and Equipment, on certain buildings and machinery and equipment where it was determined that the carrying amount may not be recoverable. Included in the analyses were buildings and machinery and equipment that are held for sale or have been abandoned. Based on the Company's impairment analyses of fair value using the expected present value of future cash flows and the market approach, the Company determined that certain fixed assets were either fully or partially impaired. Accordingly, fixed asset impairments of $3,661 in total were recorded in 2010 which included $506, $2,326 and $829 in the Custom Sheet and Rollstock, Packaging Technologies, and Color and Specialty Compounds segments, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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