Segment Information

12 Months Ended

Dec. 31, 2016

Segment Reporting [Abstract]

Segment Information

Segment Information

The Company operates three operating and reportable segments: envelope, print and label. The envelope segment provides direct mail offerings and transactional and stock envelopes. The print 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. The label segment specializes in the design, manufacturing and printing of labels such as custom labels, overnight packaging labels and pressure-sensitive prescription labels.

Prior to the disposition of the Packaging Business, the Company operated four operating segments: envelope, print, label and packaging. Based upon similar economic characteristics and management reporting, the Company previously aggregated the label and packaging operating segments to have a total of three reportable segments: envelope, print and label and packaging.

Operating income (loss) of each segment includes 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):

	For The Years Ended
	2016			2015
Net sales:
Envelope	$	865,160		$	908,718
Print	493,464			510,974
Label	301,377			322,087
Total	$	1,660,001		$	1,741,779
Operating income (loss):
Envelope	$	60,684		$	66,424
Print	17,613			15,122
Label	30,549			39,533
Corporate	(32,814		)	(37,286		)
Total	$	76,032		$	83,793
Restructuring and other charges:
Envelope	$	2,618		$	3,500
Print	2,028			6,853
Label	4,771			486
Corporate	2,537			1,737
Total	$	11,954		$	12,576
Depreciation and intangible asset amortization:
Envelope	$	18,982		$	20,318
Print	18,010			17,424
Label	6,988			8,584
Corporate	3,220			3,363
Total	$	47,200		$	49,689
Capital expenditures:
Envelope	$	13,130		$	7,480
Print	10,984			9,240
Label	11,172			3,678
Corporate	5,851			5,530
Total	$	41,137		$	25,928
Intercompany sales:
Envelope	$	6,589		$	6,357
Print	19,983			17,627
Label	2,833			4,297
Total	$	29,405		$	28,281

	2016		2015
Total assets:
Envelope	$	403,157	$	445,443
Print	256,888		266,074
Label	216,627		223,534
Corporate	36,287		35,558
Assets of discontinued operations	—		111,417
Total	$	912,959	$	1,082,026

Geographic information is as follows as of and for the years ended (in thousands):

	2016		2015
Net sales:
U.S.	$	1,654,996	$	1,735,921
Foreign	5,005		5,858
Total	$	1,660,001	$	1,741,779
	2016		2015
Long-lived assets (property, plant and equipment, goodwill and intangible assets):
U.S.	$	501,685	$	510,205
Foreign	6,034		6,161
Total	$	507,719	$	516,366