Segment Information

9 Months Ended

Sep. 29, 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 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 nine months ended October 1, 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						Nine Months Ended
	September 29, 2012			October 1, 2011			September 29, 2012			October 1, 2011
Net sales:
Print and envelope	$	343,012		$	367,454		$	1,016,332		$	1,090,999
Label and packaging	108,262			108,381			329,432			331,706
Total	$	451,274		$	475,835		$	1,345,764		$	1,422,705
Operating income:
Print and envelope	$	29,876		$	29,888		$	63,951		$	75,262
Label and packaging	12,472			12,882			37,343			36,174
Corporate	(7,360		)	(9,545		)	(23,094		)	(32,674		)
Total	$	34,988		$	33,225		$	78,200		$	78,762
Restructuring, impairment and other charges:
Print and envelope	$	3,490		$	4,223		$	21,247		$	12,554
Label and packaging	651			355			1,153			1,177
Corporate	49			107			166			246
Total	$	4,190		$	4,685		$	22,566		$	13,977
Net sales by product line:
Print	$	174,132		$	179,406		$	497,607		$	537,005
Envelope	168,880			188,048			518,725			553,994
Label	82,478			81,781			248,484			250,430
Packaging	25,784			26,600			80,948			81,276
Total	$	451,274		$	475,835		$	1,345,764		$	1,422,705
Intercompany sales:
Print and envelope to label and packaging	$	1,739		$	1,002		$	5,253		$	3,488
Label and packaging to print and envelope	1,902			2,334			5,024			4,592
Total	$	3,641		$	3,336		$	10,277		$	8,080

	September 29, 2012		December 31, 2011
Identifiable assets:
Print and envelope	$	818,087	$	867,329
Label and packaging	337,002		392,417
Corporate	124,477		125,842
Total	$	1,279,566	$	1,385,588