Condensed Consolidating Financial Information (Tables)

6 Months Ended

Jun. 29, 2013

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Schedule Of Condensed Consolidating Balance Sheet [Table Text Block]

CENVEO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET June 29, 2013 (in thousands)
	Parent Company			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	10,036		$	64		$	1,776		$	—		$	11,876
Accounts receivable, net	—			95,278			148,281			1,111			—			244,670
Inventories	—			60,238			83,738			382			—			144,358
Notes receivable from subsidiaries	—			36,938			—			—			(36,938		)	—
Prepaid and other current assets	—			52,552			9,994			2,443			—			64,989
Assets of discontinued operations - current	—			—			2,214			—			—			2,214
Total current assets	—			255,042			244,291			5,712			(36,938		)	468,107
Investment in subsidiaries	(503,836		)	1,799,307			5,707			6,725			(1,307,903		)	—
Property, plant and equipment, net	—			87,566			178,211			943			—			266,720
Goodwill	—			29,539			155,647			5,556			—			190,742
Other intangible assets, net	—			6,413			202,924			1,471			—			210,808
Other assets, net	—			43,569			5,316			507			—			49,392
Assets of discontinued operations - long-term	—			—			481			—			—			481
Total assets	$	(503,836	)	$	2,221,436		$	792,577		$	20,914		$	(1,344,841	)	$	1,186,250
Liabilities and Shareholders’ (Deficit) Equity
Current liabilities:
Current maturities of long-term debt	$	—		$	3,600		$	3,883		$	—		$	—		$	7,483
Accounts payable	—			102,212			84,855			733			—			187,800
Accrued compensation and related liabilities	—			15,080			9,885			504			—			25,469
Other current liabilities	—			59,148			21,431			205			—			80,784
Liabilities of discontinued operations - current	—			—			2,511			—			—			2,511
Intercompany payable (receivable)	—			1,241,362			(1,250,191		)	8,829			—			—
Notes payable to issuer	—			—			36,938			—			(36,938		)	—
Total current liabilities	—			1,421,402			(1,090,688		)	10,271			(36,938		)	304,047
Long-term debt	—			1,190,421			4,001			—			—			1,194,422
Other liabilities	—			113,449			79,793			(1,789		)	—			191,453
Liabilities of discontinued operations - long-term	—			—			164			—			—			164
Shareholders’ (deficit) equity	(503,836		)	(503,836		)	1,799,307			12,432			(1,307,903		)	(503,836		)
Total liabilities and shareholders’ (deficit) equity	$	(503,836	)	$	2,221,436		$	792,577		$	20,914		$	(1,344,841	)	$	1,186,250

CENVEO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING BALANCE SHEET December 29, 2012 (in thousands)
	Parent Company			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Assets
Current assets:
Cash and cash equivalents	$	—		$	5,763		$	286		$	2,061		$	—		$	8,110
Accounts receivable, net	—			100,779			156,418			1,002			—			258,199
Inventories	—			61,900			68,450			82			—			130,432
Notes receivable from subsidiaries	—			36,938			—			—			(36,938		)	—
Prepaid and other current assets	—			53,612			11,904			2,783			—			68,299
Assets of discontinued operations - current	—			—			3,923			—			—			3,923
Total current assets	—			258,992			240,981			5,928			(36,938		)	468,963
Investment in subsidiaries	(464,314		)	1,758,007			7,671			6,725			(1,308,089		)	—
Property, plant and equipment, net	—			88,941			191,648			1,209			—			281,798
Goodwill	—			29,540			155,849			6,026			—			191,415
Other intangible assets, net	—			6,621			204,460			1,823			—			212,904
Other assets, net	—			40,301			3,868			504			—			44,673
Assets of discontinued operations - long-term	—			—			1,456			—			—			1,456
Total assets	$	(464,314	)	$	2,182,402		$	805,933		$	22,215		$	(1,345,027	)	$	1,201,209
Liabilities and Shareholders’ (Deficit) Equity
Current liabilities:
Current maturities of long-term debt	$	—		$	6,961		$	4,787		$—			$	—		$	11,748
Accounts payable	—			107,443			74,841			515			—			182,799
Accrued compensation and related liabilities	—			14,608			9,825			514			—			24,947
Other current liabilities	—			56,995			20,083			532			—			77,610
Liabilities of discontinued operations - current	—			—			3,130			—			—			3,130
Intercompany payable (receivable)	—			1,177,669			(1,185,665		)	7,996			—			—
Notes payable to issuer	—			—			36,938			—			(36,938		)	—
Total current liabilities	—			1,363,676			(1,036,061		)	9,557			(36,938		)	300,234
Long-term debt	—			1,166,360			5,510			—			—			1,171,870
Other liabilities	—			116,680			78,477			(1,738		)	—			193,419
Shareholders’ (deficit) equity	(464,314		)	(464,314		)	1,758,007			14,396			(1,308,089		)	(464,314		)
Total liabilities and shareholders’ (deficit) equity	$	(464,314	)	$	2,182,402		$	805,933		$	22,215		$	(1,345,027	)	$	1,201,209

Schedule of Condensed Consolidating Statement of Operations and Comprehensive Income [Table Text Block]

CENVEO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the three months ended June 29, 2013 (in thousands)
	Parent Company			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	167,396		$	245,055		$	3,251		$	—		$	415,702
Cost of sales	—			141,499			198,854			3,258			—			343,611
Selling, general and administrative expenses	—			26,835			20,559			201			—			47,595
Amortization of intangible assets	—			137			2,337			133			—			2,607
Restructuring, impairment and other charges	—			2,015			700			9			—			2,724
Operating income (loss)	—			(3,090		)	22,605			(350		)	—			19,165
Interest expense, net	—			28,134			105			(4		)	—			28,235
Intercompany interest expense (income)	—			(304		)	304			—			—			—
Loss on early extinguishment of debt, net	—			7,720			—			—			—			7,720
Other expense (income), net	—			509			(2,604		)	(196		)	—			(2,291		)
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	—			(39,149		)	24,800			(150		)	—			(14,499		)
Income tax (benefit) expense	—			1,857			1,269			(38		)	—			3,088
Income (loss) from continuing operations before equity in income (loss) of subsidiaries	—			(41,006		)	23,531			(112		)	—			(17,587		)
Equity in income (loss) of subsidiaries	(18,883		)	22,123			(112		)	—			(3,128		)	—
Income (loss) from continuing operations	(18,883		)	(18,883		)	23,419			(112		)	(3,128		)	(17,587		)
Loss from discontinued operations, net of taxes	—			—			(1,296		)	—			—			(1,296		)
Net income (loss)	(18,883		)	(18,883		)	22,123			(112		)	(3,128		)	(18,883		)
Other comprehensive income (loss):
Other comprehensive income (loss) of subsidiaries	(2,329		)	(2,329		)	(2,033		)	—			6,691			—
Currency translation adjustment	—			—			(296		)	(2,033		)	—			(2,329		)
Comprehensive (loss) income	$	(21,212	)	$	(21,212	)	$	19,794		$	(2,145	)	$	3,563		$	(21,212	)

CENVEO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the six months ended June 29, 2013 (in thousands)
	Parent Company			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	341,935		$	495,246		$	6,812		$	—		$	843,993
Cost of sales	—			290,108			405,828			6,310			—			702,246
Selling, general and administrative expenses	—			53,978			41,773			422			—			96,173
Amortization of intangible assets	—			274			4,675			265			—			5,214
Restructuring, impairment and other charges	—			4,849			2,044			13			—			6,906
Operating income (loss)	—			(7,274		)	40,926			(198		)	—			33,454
Interest expense, net	—			57,598			219			(7		)	—			57,810
Intercompany interest expense (income)	—			(654		)	654			—			—			—
Loss on early extinguishment of debt, net	—			7,847			—			—			—			7,847
Other (income) expense, net	—			878			(2,699		)	(174		)	—			(1,995		)
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	—			(72,943		)	42,752			(17		)	—			(30,208		)
Income tax expense	—			4,375			1,886			25			—			6,286
Income (loss) from continuing operations before equity in income (loss) of subsidiaries	—			(77,318		)	40,866			(42		)	—			(36,494		)
Equity in income (loss) of subsidiaries	(38,028		)	39,290			(42		)	—			(1,220		)	—
Income (loss) from continuing operations	(38,028		)	(38,028		)	40,824			(42		)	(1,220		)	(36,494		)
Loss from discontinued operations, net of taxes	—			—			(1,534		)	—			—			(1,534		)
Net (loss) income	(38,028		)	(38,028		)	39,290			(42		)	(1,220		)	(38,028		)
Other comprehensive income (loss):
Other comprehensive income (loss) of subsidiaries	(3,108		)	(3,108		)	(1,919		)	—			8,135			—
Currency translation adjustment	—			—			(1,189		)	(1,919		)	—			(3,108		)
Comprehensive (loss) income	$	(41,136	)	$	(41,136	)	$	36,182		$	(1,961	)	$	6,915		$	(41,136	)

CENVEO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the three months ended June 30, 2012 (in thousands)
	Parent Company			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	172,094		$	257,704		$	3,420		$	—		$	433,218
Cost of sales	—			143,277			206,022			3,501			—			352,800
Selling, general and administrative expenses	—			25,717			19,002			194			—			44,913
Amortization of intangible assets	—			137			2,315			134			—			2,586
Restructuring, impairment and other charges	—			1,370			2,956			28			—			4,354
Operating income (loss)	—			1,593			27,409			(437		)	—			28,565
Interest expense, net	—			28,648			155			(7		)	—			28,796
Intercompany interest expense (income)	—			(415		)	391			24			—			—
Loss on early extinguishment of debt, net	—			785			—			—			—			785
Other (income) expense, net	—			(839		)	87			(364		)	—			(1,116		)
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	—			(26,586		)	26,776			(90		)	—			100
Income tax expense (benefit)	—			1,124			(771		)	(39		)	—			314
Income (loss) from continuing operations before equity in income (loss) of subsidiaries	—			(27,710		)	27,547			(51		)	—			(214		)
Equity in income (loss) of subsidiaries	(401		)	27,682			(51		)	—			(27,230		)	—
Income (loss) from continuing operations	(401		)	(28		)	27,496			(51		)	(27,230		)	(214		)
Income (loss) from discontinued operations, net of taxes	—			(373		)	186			—			—			(187		)
Net income (loss)	(401		)	(401		)	27,682			(51		)	(27,230		)	(401		)
Other comprehensive income (loss):
Other comprehensive income (loss) of subsidiaries	(2,202		)	(2,202		)	(2,284		)	—			6,688			—
Currency translation adjustment	—			—			82			(2,284		)	—			(2,202		)
Comprehensive income (loss)	$	(2,603	)	$	(2,603	)	$	25,480		$	(2,335	)	$	(20,542	)	$	(2,603	)

CENVEO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS AND COMPREHENSIVE INCOME (LOSS) For the six months ended June 30, 2012 (in thousands)
	Parent Company			Subsidiary Issuer			Guarantor Subsidiaries			Non-Guarantor Subsidiaries			Eliminations			Consolidated
Net sales	$	—		$	356,051		$	519,203		$	7,723		$	—		$	882,977
Cost of sales	—			297,434			418,472			6,941			—			722,847
Selling, general and administrative expenses	—			52,726			40,700			401			—			93,827
Amortization of intangible assets	—			307			4,634			268			—			5,209
Restructuring, impairment and other charges	—			1,526			16,756			94			—			18,376
Operating income (loss)	—			4,058			38,641			19			—			42,718
Interest expense, net	—			56,334			321			(7		)	—			56,648
Intercompany interest expense (income)	—			(688		)	639			49			—			—
Loss on early extinguishment of debt, net	—			11,414			—			—			—			11,414
Other (income) expense, net	—			(620		)	26			(224		)	—			(818		)
Income (loss) from continuing operations before income taxes and equity in income (loss) of subsidiaries	—			(62,382		)	37,655			201			—			(24,526		)
Income tax expense (benefit)	—			(3,145		)	1,506			(39		)	—			(1,678		)
Income (loss) from continuing operations before equity in income (loss) of subsidiaries	—			(59,237		)	36,149			240			—			(22,848		)
Equity in income (loss) of subsidiaries	(27,619		)	29,196			240			—			(1,817		)	—
Income (loss) from continuing operations	(27,619		)	(30,041		)	36,389			240			(1,817		)	(22,848		)
Income (loss) from discontinued operations, net of taxes	—			2,422			(7,193		)	—			—			(4,771		)
Net income (loss)	(27,619		)	(27,619		)	29,196			240			(1,817		)	(27,619		)
Other comprehensive income (loss):
Other comprehensive income (loss) of unconsolidated subsidiaries	(758		)	(758		)	(1,065		)	—			2,581			—
Currency translation adjustment	—			—			307			(1,065		)	—			(758		)
Comprehensive income (loss)	$	(28,377	)	$	(28,377	)	$	28,438		$	(825	)	$	764		$	(28,377	)

Schedule of Condensed Consolidating Statement of Cash Flows [Table Text Block]

CENVEO, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS For the six months ended June 29, 2013  (in thousands)
	Parent Company			Subsidiary Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities of continuing operations	$	1,977		$	(54,409	)	$	63,204		$	(1,211	)	$	—	$	9,561
Net cash used in operating activities of discontinued operations	—			—			(215		)	—			—		(215		)
Net cash provided by (used in) operating activities	1,977			(54,409		)	62,989			(1,211		)	—		9,346
Cash flows from investing activities:
Cost of business acquisitions, net of cash acquired	—			(5,145		)	—			—			—		(5,145		)
Capital expenditures	—			(9,015		)	(6,654		)	(61		)	—		(15,730		)
Purchase of investment	—			(1,650		)	—			—			—		(1,650		)
Proceeds from insurance claim	—			—			3,036			—			—		3,036
Proceeds from sale of property, plant and equipment	—			222			7,339			—			—		7,561
Net cash (used in) provided by investing activities	—			(15,588		)	3,721			(61		)	—		(11,928		)
Cash flows from financing activities:
Repayment of 7.875% senior subordinated notes	—			(67,848		)	—			—			—		(67,848		)
Repayment of Term Loan B due 2016	—			(389,105		)	—			—			—		(389,105		)
Payment of financing related costs and expenses and debt issuance discounts	—			(13,884		)	—			—			—		(13,884		)
Repayments of other long-term debt	—			—			(2,413		)	—			—		(2,413		)
Purchase and retirement of common stock upon vesting of RSUs	(363		)	—			—			—			—		(363		)
(Repayment) borrowings under revolving credit facility, net	—			(18,000		)	—			—			—		(18,000		)
Proceeds from issuance of Term Loan facility	—			360,000			—			—			—		360,000
Borrowings under ABL facility due 2017	—			266,700			—			—			—		266,700
Repayments under ABL facility due 2017	—			(163,900		)	—			—			—		(163,900		)
Proceeds from issuance of 15% unsecured term loan due 2017	—			50,000			—			—			—		50,000
Repayment of 15% unsecured term loan due 2017	—			(15,000		)	—			—			—		(15,000		)
Intercompany advances	(1,614		)	65,307			(64,526		)	833			—		—
Net cash provided by (used in) financing activities	(1,977		)	74,270			(66,939		)	833			—		6,187
Effect of exchange rate changes on cash and cash equivalents	—			—			7			154			—		161
Net increase (decrease) in cash and cash equivalents	—			4,273			(222		)	(285		)	—		3,766
Cash and cash equivalents at beginning of period	—			5,763			286			2,061			—		8,110
Cash and cash equivalents at end of period	$	—		$	10,036		$	64		$	1,776		$	—	$	11,876

CENVEO, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the six months ended June 30, 2012

 (in thousands)

	Parent Company			Subsidiary Issuer			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated
Cash flows from operating activities:
Net cash provided by (used in) operating activities of continuing operations	$	2,993		$	(52,135	)	$	65,116		$	(28	)	$	—	$	15,946
Net cash used in operating activities of discontinued operations	—			(1,616		)	(2,343		)	—			—		(3,959		)
Net cash provided by (used in) operating activities	2,993			(53,751		)	62,773			(28		)	—		11,987
Cash flows from investing activities:
Cost of business acquisitions, net of cash acquired	—			(644		)	—			—			—		(644		)
Capital expenditures	—			(5,362		)	(5,803		)	(117		)	—		(11,282		)
Proceeds from sale of property, plant and equipment	—			32			1,916			—			—		1,948
Proceeds from sale of intangible assets	—			1,700			—			—			—		1,700
Net cash used in investing activities of continuing operations	—			(4,274		)	(3,887		)	(117		)	—		(8,278		)
Net cash provided by investing activities of discontinued operations	—			16,414			23,461			—			—		39,875
Net cash provided by (used in) investing activities	—			12,140			19,574			(117		)	—		31,597
Cash flows from financing activities:
Repayment of 10.5% senior notes	—			(169,875		)	—			—			—		(169,875		)
Repayment of 7.875% senior subordinated notes	—			(180,139		)	—			—			—		(180,139		)
(Repayment) borrowings of Term Loan B due 2016	—			18,948			—			—			—		18,948
Repayment of 8.375% senior subordinated notes	—			(24,787		)	—			—			—		(24,787		)
Payment of financing related costs and expenses	—			(32,335		)	—			—			—		(32,335		)
Repayments of other long-term debt	—			(308		)	(2,331		)	—			—		(2,639		)
Purchase and retirement of common stock upon vesting of RSUs	(434		)	—			—			—			—		(434		)
Proceeds from issuance of 11.5% senior notes	—			225,000			—			—			—		225,000
Proceeds from issuance of 7% senior exchangeable notes	—			86,250			—			—			—		86,250
(Repayments) borrowings under revolving credit facility, net	—			34,700			—			—			—		34,700
Intercompany advances	(2,559		)	80,993			(79,373		)	939			—		—
Net cash (used in) provided by financing activities of continuing operations	(2,993		)	38,447			(81,704		)	939			—		(45,311		)
Net cash used in financing activities of discontinued operations	—			(1,652		)	—			—			—		(1,652		)
Net cash (used in) provided by financing activities	(2,993		)	36,795			(81,704		)	939			—		(46,963		)
Effect of exchange rate changes on cash and cash equivalents	—			—			(372		)	65			—		(307		)
Net (decrease) increase in cash and cash equivalents	—			(4,816		)	271			859			—		(3,686		)
Cash and cash equivalents at beginning of period	—			16,033			280			1,440			—		17,753
Cash and cash equivalents at end of period	$	—		$	11,217		$	551		$	2,299		$	—	$	14,067