Segment Information

3 Months Ended

Apr. 01, 2017

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.

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 Three Months Ended
	April 1, 2017			April 2, 2016
Net sales:
Envelope	$	201,839		$	229,260
Print	104,238			124,487
Label	68,429			79,014
Total	$	374,506		$	432,761
Operating income (loss):
Envelope	$	14,451		$	17,559
Print	(4,826		)	3,377
Label	9,402			4,708
Corporate	(8,993		)	(8,630		)
Total	$	10,034		$	17,014
Restructuring and other charges:
Envelope	$	1,209		$	515
Print	6,645			308
Label	(397		)	4,155
Corporate	723			12
Total	$	8,180		$	4,990
Depreciation and intangible asset amortization:
Envelope	$	4,747		$	4,764
Print	4,607			4,255
Label	1,654			2,346
Corporate	787			665
Total	$	11,795		$	12,030
Intercompany sales:
Envelope	$	1,500		$	1,857
Print	5,266			4,815
Label	665			972
Total	$	7,431		$	7,644

	April 1, 2017		December 31, 2016
Total assets:
Envelope	$	391,553	$	403,157
Print	233,835		256,888
Label	213,964		216,627
Corporate	33,854		36,287
Total	$	873,206	$	912,959