Property, Plant and Equipment

12 Months Ended

Dec. 29, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment [Text Block]

Property, Plant and Equipment

Property, plant and equipment are as follows (in thousands):



	2012			2011
Land and land improvements	$	17,523		$	20,276
Buildings and building improvements	106,732			111,498
Machinery and equipment	593,435			600,066
Furniture and fixtures	11,196			10,453
Construction in progress	7,077			4,840
	735,963			747,133
Accumulated depreciation	(453,363		)	(418,566		)
	$	282,600		$	328,567

Asset Sales

In 2012, the Company sold three manufacturing facilities, which related to its print and envelope segment, for net proceeds of $6.4 million. These assets were recorded at their fair value less estimated cost to sell prior to their disposition.

In 2011, the Company sold four manufacturing facilities, two of which related to its label and packaging segment and two of which related to its print and envelope segment, for net proceeds of $9.6 million and it also sold certain manufacturing assets for net proceeds of $1.5 million. These assets were recorded at their fair value less estimated cost to sell prior to their disposition.

- 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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