Segment Information

3 Months Ended

Mar. 31, 2012

Segment Reporting, Measurement Disclosures [Abstract]

Segment Information [Text Block]

Segment Information

In the first quarter of 2012, the Company realigned its reportable segments as a result of the sale of the Discontinued Operations combined with the realignment of management responsibilities and strategy. Previously, the Company reported its segments as envelopes, forms and labels and commercial printing. Beginning January 1, 2012, the Company realigned its segments into two complementary reportable segments - the print and envelope segment and the label and packaging segment. The print and envelope segment provides a wide array of print offerings such as high-end printed materials including car brochures, advertising literature, corporate identity and brand marketing material, digital printing and content management; and direct mail offerings and custom and stock envelopes. The label and packaging segment specializes in the design, manufacturing and printing of labels such as custom labels, overnight and packaging labels, pressure-sensitive prescription labels and high quality packaging offerings, including heat shrink labels, full body shrink sleeves, and specialized folded carton packaging. Segment information for the first quarter of 2011 has been reclassified to reflect the 2012 reportable segment presentation.

Operating income (loss) of each segment includes substantially all costs and expenses directly related to the segment's operations. Corporate expenses include corporate general and administrative expenses including stock-based compensation.

Corporate identifiable assets primarily consist of cash and cash equivalents, miscellaneous receivables, deferred financing fees, deferred tax assets and other assets.

The following tables present certain segment information (in thousands):

	Three Months Ended
	March 31, 2012			April 2, 2011
Net sales:
Print and envelope	$	342,853		$	363,409
Label and packaging	112,730			113,562
Total	$	455,583		$	476,971
Operating income:
Print and envelope	$	9,621		$	20,309
Label and packaging	12,203			10,488
Corporate	(7,585		)	(11,522		)
Total	$	14,239		$	19,275
Restructuring, impairment and other charges:
Print and envelope	$	13,486		$	3,167
Label and packaging	447			565
Corporate	89			95
Total	$	14,022		$	3,827
Net sales by product line:
Print	$	171,968		$	194,380
Envelope	170,885			169,029
Label	83,579			85,024
Packaging	29,151			28,538
Total	$	455,583		$	476,971
Intercompany sales:
Print and envelope to label and packaging	$	1,606		$	1,383
Label and packaging to print and envelope	1,399			659
Total	$	3,005		$	2,042

	March 31, 2012		December 31, 2011
Identifiable assets:
Print and envelope	$	841,316	$	867,329
Label and packaging	345,982		392,417
Corporate	122,870		125,842
Total	$	1,310,168	$	1,385,588