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Selected Quarterly Financial Information (Unaudited) (Tables)
12 Months Ended
Jan. 02, 2016
Quarterly Financial Information Disclosure [Abstract]  
Schedule of quarterly financial information
The following table sets forth certain quarterly financial data for the periods indicated (in thousands, except per share amounts):

 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal Year 2015
 
 
 
 
 
 
 
Net sales:
 
 
 
 
 
 
 
Envelope
$
227,410

 
$
218,139

 
$
218,454

 
$
244,715

Print
122,100

 
114,545

 
123,875

 
150,454

Label
80,167

 
80,675

 
77,454

 
83,791

Total
$
429,677

 
$
413,359

 
$
419,783

 
$
478,960

Operating income (loss):
 
 
 
 
 
 
 
Envelope
$
14,840

 
$
16,711

 
$
17,746

 
$
17,127

Print
1,679

 
2,987

 
1,541

 
8,915

Label
9,704

 
11,150

 
10,146

 
8,533

Corporate
(8,423
)
 
(9,193
)
 
(9,917
)
 
(9,753
)
Total
$
17,800

 
$
21,655

 
$
19,516

 
$
24,822

Loss from continuing operations
(8,179
)
 
(3,355
)
 
(3,562
)
 
(4,365
)
Income (loss) from discontinued operations, net of taxes (2)
500

 
950

 
319

 
(13,159
)
Net loss                                                             
$
(7,679
)
 
$
(2,405
)
 
$
(3,243
)
 
$
(17,524
)
Net (loss) income per share—basic
 
 
 
 
 
 
 
Continuing operations (1)                                                                    
$
(0.12
)
 
$
(0.05
)
 
$
(0.05
)
 
$
(0.06
)
Discontinued operations (1)                                                                    
0.01

 
0.01

 

 
(0.20
)
Net loss (1)
$
(0.11
)
 
$
(0.04
)
 
$
(0.05
)
 
$
(0.26
)
Net (loss) income per share—diluted
 
 
 
 
 
 
 
Continuing operations (1)                                                                    
$
(0.12
)
 
$
(0.05
)
 
$
(0.05
)
 
$
(0.06
)
Discontinued operations (1)                                                                    
0.01

 
0.01

 

 
(0.20
)
Net loss (1)
$
(0.11
)
 
$
(0.04
)
 
$
(0.05
)
 
$
(0.26
)
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Fiscal Year 2014
 
 
 
 
 
 
 
Net sales:
 
 
 
 
 
 
 
Envelope
$
241,671

 
$
229,593

 
$
227,069

 
$
231,185

Print
122,103

 
117,670

 
127,034

 
141,106

Label
78,686

 
82,475

 
81,492

 
81,231

Total
$
442,460

 
$
429,738

 
$
435,595

 
$
453,522

Operating income (loss):
 
 
 
 
 
 
 
Envelope
$
9,806

 
$
9,332

 
$
4,328

 
$
6,136

Print
857

 
3,882

 
6,340

 
5,829

Label
9,376

 
10,998

 
9,691

 
8,245

Corporate
(11,167
)
 
(11,774
)
 
(10,126
)
 
(8,979
)
Total
$
8,872

 
$
12,438

 
$
10,233

 
$
11,231

Loss from continuing operations (3)
(17,683
)
 
(39,942
)
 
(14,030
)
 
(23,398
)
Income from discontinued operations, net of taxes
1,849

 
1,305

 
3,137

 
4,899

Net loss
(15,834
)
 
(38,637
)
 
(10,893
)
 
(18,499
)
Net (loss) income per share—basic
 
 
 
 
 
 
 
Continuing operations (1)                                                                    
$
(0.27
)
 
$
(0.60
)
 
$
(0.21
)
 
$
(0.34
)
Discontinued operations (1)                                                                    
0.03

 
0.02

 
0.05

 
0.07

Net loss (1)
$
(0.24
)
 
$
(0.58
)
 
$
(0.16
)
 
$
(0.27
)
Net (loss) income per share—diluted
 
 
 
 
 
 
 
Continuing operations (1)                                                                    
$
(0.27
)
 
$
(0.60
)
 
$
(0.21
)
 
$
(0.34
)
Discontinued operations (1)                                                                    
0.03

 
0.02

 
0.05

 
0.07

Net loss (1)
$
(0.24
)
 
$
(0.58
)
 
$
(0.16
)
 
$
(0.27
)
__________________________

(1)
The quarterly earnings per share information is computed separately for each period. Therefore, the sum of such quarterly per share amounts may differ from the total year.
(2)
In the fourth quarter of 2015, the Company recorded a non-cash loss on sale of the Packaging Business of $5.0 million. Additionally, the Company recorded a non-cash goodwill impairment charge of $9.9 million related to this transaction.
(3)
Includes a total loss on extinguishment of debt of $27.4 million, most of which was recognized in the second quarter of 2014 in connection with the issuance of the 6.000% Notes and 8.500% Notes, and extinguishment of the Term Loan Facility and the 8.875% Notes.