Segment Information

6 Months Ended

Jun. 30, 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, full body shrink sleeves, and specialized folded carton packaging. Segment information for the three and six months ended July 2, 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						Six Months Ended
	June 30, 2012			July 2, 2011			June 30, 2012			July 2, 2011
Net sales:
Print and envelope	$	330,467		$	360,136		$	673,320		$	723,545
Label and packaging	108,440			109,763			221,170			223,325
Total	$	438,907		$	469,899		$	894,490		$	946,870
Operating income:
Print and envelope	$	24,454		$	25,065		$	34,075		$	45,374
Label and packaging	12,668			12,804			24,871			23,292
Corporate	(8,149		)	(11,607		)	(15,734		)	(23,129		)
Total	$	28,973		$	26,262		$	43,212		$	45,537
Restructuring, impairment and other charges:
Print and envelope	$	4,271		$	5,164		$	17,757		$	8,331
Label and packaging	55			257			502			822
Corporate	28			44			117			139
Total	$	4,354		$	5,465		$	18,376		$	9,292
Net sales by product line:
Print	$	159,350		$	171,639		$	323,475		$	357,599
Envelope	171,117			188,497			349,845			365,946
Label	82,427			83,625			166,006			168,649
Packaging	26,013			26,138			55,164			54,676
Total	$	438,907		$	469,899		$	894,490		$	946,870
Intercompany sales:
Print and envelope to label and packaging	$	1,908		$	1,103		$	3,514		$	2,486
Label and packaging to print and envelope	1,723			1,599			3,122			2,258
Total	$	3,631		$	2,702		$	6,636		$	4,744

	June 30, 2012		December 31, 2011
Identifiable assets:
Print and envelope	$	802,295	$	867,329
Label and packaging	341,649		392,417
Corporate	130,252		125,842
Total	$	1,274,196	$	1,385,588