Checkpoint Systems (CKP) 10-Q 4 Aug 15 2015 Q2 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	6 Months Ended
	Jun. 28, 2015	Jul. 30, 2015
Document And Entity Information [Abstract]
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Jun. 28, 2015
Entity Registrant Name	CHECKPOINT SYSTEMS INC
Entity Central Index Key	215,419
Current Fiscal Year End Date	--12-27
Entity Filer Category	Accelerated Filer
Entity Common Stock, Shares Outstanding		42,161,314
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
CURRENT ASSETS:
Cash and cash equivalents	$ 99,104	$ 135,537
Accounts receivable, net of allowance of $7,642 and $8,526	109,643	131,720
Inventories	92,462	91,860
Other current assets	24,733	25,928
Deferred income taxes	5,334	5,557
Total Current Assets	331,276	390,602
REVENUE EQUIPMENT ON OPERATING LEASE, net	1,060	1,057
PROPERTY, PLANT, AND EQUIPMENT, net	77,336	76,332
GOODWILL	166,083	173,569
OTHER INTANGIBLES, net	58,584	64,940
DEFERRED INCOME TAXES	22,901	25,284
OTHER ASSETS	5,934	6,882
TOTAL ASSETS	663,174	738,666
CURRENT LIABILITIES:
Short-term borrowings and current portion of long-term debt	186	236
Accounts payable	41,122	48,928
Accrued compensation and related taxes	19,245	27,511
Other accrued expenses	36,860	44,204
Income taxes	0	1,278
Unearned revenues	8,337	7,663
Restructuring reserve	3,089	6,255
Accrued pensions — current	4,104	4,472
Other current liabilities	16,519	17,504
Total Current Liabilities	129,462	158,051
LONG-TERM DEBT, LESS CURRENT MATURITIES	65,146	65,161
FINANCING LIABILITY	31,349	33,094
ACCRUED PENSIONS	99,306	108,920
OTHER LONG-TERM LIABILITIES	28,682	30,140
DEFERRED INCOME TAXES	$ 15,163	$ 15,369
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY:
Preferred stock, no par value, 500,000 shares authorized, none issued	$ 0	$ 0
Common stock, par value $.10 per share, 100,000,000 shares authorized, 46,117,768 and 45,840,171 shares issued, 42,081,856 and 41,804,259 shares outstanding	4,612	4,584
Additional capital	424,067	441,882
Accumulated deficit	(18,483)	(12,331)
Common stock in treasury, at cost, 4,035,912 and 4,035,912 shares	(71,520)	(71,520)
Accumulated other comprehensive (loss) income, net of tax	(44,610)	(34,684)
TOTAL STOCKHOLDERS' EQUITY	294,066	327,931
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 663,174	$ 738,666

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 7,642	$ 8,526
Preferred stock, no par value (USD per share)	$ 0	$ 0
Preferred stock, shares authorized (shares)	500,000	500,000
Preferred stock, shares issued (shares)	0	0
Common stock, par value (USD per share)	$ 0.1	$ 0.1
Common stock, shares authorized (shares)	100,000,000	100,000,000
Common stock, shares issued (shares)	46,117,768	45,840,171
Common stock, shares outstanding (shares)	42,081,856	41,804,259
Treasury stock (shares)	4,035,912	4,035,912

Consolidated Statements Of Oper

Consolidated Statements Of Operations (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Income Statement [Abstract]
Net revenues	$ 147,550	$ 170,925	$ 276,092	$ 318,331
Cost of revenues	86,053	98,418	158,058	183,538
Gross profit	61,497	72,507	118,034	134,793
Selling, general, and administrative expenses	51,891	55,369	103,197	109,715
Research and development	4,921	3,810	9,464	7,692
Restructuring expense	284	341	1,588	2,233
Litigation settlement	8,980	0	8,980	0
Acquisition costs	41	0	120	0
Other operating income	(132)	0	(493)	0
Operating (loss) income	(4,488)	12,987	(4,822)	15,153
Interest income	232	285	459	552
Interest expense	990	1,199	1,928	2,455
Other gain (loss), net	(859)	(442)	(488)	(528)
(Loss) earnings before income taxes	(6,105)	11,631	(6,779)	12,722
Income tax (benefit) expense	(698)	1,777	(627)	2,997
Net (loss) earnings	$ (5,407)	$ 9,854	$ (6,152)	$ 9,725
Net (loss) earnings per common share:
Basic loss per share (USD per share)	$ (0.13)	$ 0.23	$ (0.14)	$ 0.23
Diluted loss per share (USD per share)	(0.13)	0.23	(0.14)	0.23
Dividends declared per share (USD per share)	$ 0	$ 0	$ 0.50	$ 0

Consolidated Statements Of Comp

Consolidated Statements Of Comprehensive Income (Loss) (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Statement of Comprehensive Income [Abstract]
Net (loss) earnings	$ (5,407)	$ 9,854	$ (6,152)	$ 9,725
Other comprehensive (loss) income, net of tax:
Pension liability adjustments, net of tax benefit of $432, $112, $435 and $222, respectively	(489)	277	3,942	555
Foreign currency translation adjustment	1,031	470	(13,868)	875
Total other comprehensive income (loss), net of tax	542	747	(9,926)	1,430
Comprehensive (loss) income	$ (4,865)	$ 10,601	$ (16,078)	$ 11,155

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Statement of Comprehensive Income [Abstract]
Amortization of pension plan actuarial losses, benefit	$ 432	$ 112	$ 435	$ 222

Consolidated Statements Of Equi

Consolidated Statements Of Equity (Unaudited) - USD ($) shares in Thousands, $ in Thousands	Total	Common Stock	Additional Capital	Accumulated Deficit	Treasury Stock	Accumulated Other Comprehensive Income (Loss)
Balance (shares) at Dec. 29, 2013		45,484			4,036
Balance at Dec. 29, 2013	$ 346,325	$ 4,548	$ 434,336	$ (23,284)	$ (71,520)	$ 2,245
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) earnings	10,953			10,953
Exercise of stock-based compensation and awards released (shares)		356
Exercise of stock-based compensation and awards released	943	$ 36	907
Tax benefit on stock-based compensation	(14)		(14)
Stock-based compensation expense	5,781		5,781
Deferred compensation plan	872		872
Pension liability adjustments	(17,263)					(17,263)
Foreign currency translation adjustment	(19,666)					(19,666)
Balance (shares) at Dec. 28, 2014		45,840			4,036
Balance at Dec. 28, 2014	327,931	$ 4,584	441,882	(12,331)	$ (71,520)	(34,684)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) earnings	(6,152)			(6,152)
Exercise of stock-based compensation and awards released (shares)		278
Exercise of stock-based compensation and awards released	(69)	$ 28	(97)
Tax benefit on stock-based compensation	(223)		(223)
Stock-based compensation expense	2,998		2,998
Deferred compensation plan	891		891
Dividend declared	(21,384)		(21,384)
Pension liability adjustments	3,942					3,942
Foreign currency translation adjustment	(13,868)					(13,868)
Balance (shares) at Jun. 28, 2015		46,118			4,036
Balance at Jun. 28, 2015	$ 294,066	$ 4,612	$ 424,067	$ (18,483)	$ (71,520)	$ (44,610)

Consolidated Statements Of Equ8

Consolidated Statements Of Equity (Unaudited) (Parenthetical) - $ / shares	Mar. 05, 2015	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Statement of Stockholders' Equity [Abstract]
Cash dividend declared (USD per share)	$ 0.5	$ 0	$ 0	$ 0.50	$ 0

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Cash flows from operating activities:
Net (loss) earnings	$ (6,152)	$ 9,725
Adjustments to reconcile net (loss) earnings to net cash (used in) provided by operating activities:
Depreciation and amortization	13,206	12,490
Amortization of debt issuance costs	217	217
Interest on financing liability	980	1,127
Deferred taxes	(39)	(194)
Stock-based compensation	2,998	2,898
Provision for losses on accounts receivable	204	473
Excess tax benefit on stock-based compensation	(99)	(79)
(Gain) loss on disposal of fixed assets	(195)	81
Restructuring related asset impairment	0	172
Decrease (increase) in operating assets:
Accounts receivable	16,646	26,398
Inventories	(4,908)	(16,527)
Other assets	534	3,357
(Decrease) increase in operating liabilities:
Accounts payable	(5,418)	(7,625)
Income taxes	(1,137)	(2,341)
Unearned revenues - current	1,133	985
Restructuring reserve	(2,742)	(2,437)
Other liabilities	(15,588)	(7,421)
Net cash (used in) provided by operating activities	(360)	21,299
Cash flows from investing activities:
Acquisition of property, plant, and equipment and intangibles	(10,475)	(6,774)
Cash receipts on note receivable from sale of discontinued operations	142	142
Other investing activities	223	44
Net cash used in investing activities	(10,110)	(6,588)
Cash flows from financing activities:
Proceeds from stock issuances	1,100	951
Excess tax benefit on stock-based compensation	99	79
Net change in factoring and bank overdrafts	(23)	(107)
Proceeds from long-term debt	0	1,043
Payment of long-term debt	(48)	(7,198)
Dividend paid	(20,980)	0
Net cash used in financing activities	(19,852)	(5,232)
Effect of foreign currency rate fluctuations on cash and cash equivalents	(6,111)	374
Net (decrease) increase in cash and cash equivalents	(36,433)	9,853
Cash and cash equivalents:
Beginning of period	135,537	121,573
End of period	$ 99,104	$ 131,426

Summary Of Significant Accounti

Summary Of Significant Accounting Policies	6 Months Ended
	Jun. 28, 2015
Accounting Policies [Abstract]
Summary Of Significant Accounting Polices	SUMMARY OF SIGNIFICANT ACCOUNTING POLICES The Consolidated Financial Statements include the accounts of Checkpoint Systems, Inc. and its majority-owned subsidiaries (collectively, the “Company”). All inter-company transactions are eliminated in consolidation. The Consolidated Financial Statements and related notes are unaudited and do not contain all disclosures required by generally accepted accounting principles in annual financial statements. The Consolidated Balance Sheet as of December 28, 2014 is derived from the Company's audited Consolidated Financial Statements at December 28, 2014 . Refer to our Annual Report on Form 10-K for the fiscal year ended December 28, 2014 for the most recent disclosure of our accounting policies. The Consolidated Financial Statements include all adjustments, consisting of normal recurring adjustments, necessary to state fairly our financial position at June 28, 2015 and December 28, 2014 and our results of operations for the thirteen and twenty-six weeks ended June 28, 2015 and June 29, 2014 and changes in cash flows for the twenty-six weeks ended June 28, 2015 and June 29, 2014 . The results of operations for the interim period should not be considered indicative of results to be expected for the full year. Reclassifications Certain reclassifications have been made to prior period information to conform to the current period presentation. Customer Rebates We record estimated reductions to revenue for customer incentive offerings, including volume-based incentives and rebates. The accrual for these incentives and rebates, which is included in the Other Accrued Expenses section of our Consolidated Balance Sheets, was $13.0 million and $12.5 million as of June 28, 2015 and December 28, 2014 , respectively. We record revenues net of an allowance for estimated return activities. Return activity was immaterial to revenue and results of operations for all periods presented. Warranty Reserves We provide product warranties for our various products. These warranties vary in length depending on product and geographical region. We establish our warranty reserves based on historical data of warranty transactions. The following table sets forth the movement in the warranty reserve which is located in the Other Accrued Expenses section of our Consolidated Balance Sheets: (amounts in thousands) Six months ended June 28, June 29, Balance at beginning of year $ 4,379 $ 4,521 Accruals for warranties issued, net 1,068 2,232 Settlements made (1,667 ) (1,874 ) Foreign currency translation adjustment (161 ) 18 Balance at end of period $ 3,619 $ 4,897 Accumulated Other Comprehensive Income (Loss) The components of Accumulated Other Comprehensive Income (Loss), net of tax, for the six months ended June 28, 2015 were as follows: (amounts in thousands) Pension plan Foreign currency translation adjustment Total accumulated other comprehensive income (loss) Balance, December 28, 2014 $ (35,036 ) $ 352 $ (34,684 ) Foreign currency translation adjustment 2,881 (13,868 ) (10,987 ) Amounts reclassified from other comprehensive income 1,061 — 1,061 Net other comprehensive income (loss) 3,942 (13,868 ) (9,926 ) Balance, June 28, 2015 $ (31,094 ) $ (13,516 ) $ (44,610 ) The significant items reclassified from each component of other comprehensive income (loss) for the three months ended June 28, 2015 and June 29, 2014 were as follows: (amounts in thousands) June 28, 2015 June 29, 2014 Details about accumulated other comprehensive income (loss) components Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement where net loss is presented Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement where net loss is presented Amortization of pension plan items Actuarial loss (1) $ (733 ) $ (386 ) Prior service cost (1) (7 ) (3 ) (740 ) Total before tax (389 ) Total before tax 432 Tax benefit 112 Tax benefit Total reclassifications for the period $ (308 ) Net of tax $ (277 ) Net of tax (1) These accumulated other comprehensive income components are included in the computation of net periodic pension costs. Refer to Note 9 of the Consolidated Financial Statements. The significant items reclassified from each component of other comprehensive income (loss) for the six months ended June 28, 2015 and June 29, 2014 were as follows: (amounts in thousands) June 28, 2015 June 29, 2014 Details about accumulated other comprehensive income (loss) components Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement where net loss is presented Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement where net loss is presented Amortization of pension plan items Actuarial loss (1) $ (1,483 ) $ (771 ) Prior service cost (1) (13 ) (6 ) (1,496 ) Total before tax (777 ) Total before tax 435 Tax benefit 222 Tax benefit Total reclassifications for the period $ (1,061 ) Net of tax $ (555 ) Net of tax (1) These accumulated other comprehensive income components are included in the computation of net periodic pension costs. Refer to Note 9 of the Consolidated Financial Statements. Dividend On March 5, 2015, we declared a special dividend (the Dividend) of $0.50 per outstanding common share for all shareholders of record as of March 20, 2015. This Dividend reflects our commitment to building shareholder value through the execution of our strategic plan and a disciplined approach to capital allocation. After the Dividend, we believe we have the appropriate level of liquidity both to fund our internal initiatives and act quickly on any strategic opportunities. The cash dividend of $21.0 million was paid to common shareholders on April 10, 2015. Dividend distributions to shareholders are recognized as a liability in the period in which the dividend is formally approved by our Board of Directors and communicated to shareholders. The Dividend was recorded as a reduction of Additional Capital in Stockholders' Equity. The Dividend does not provide any cash payment or benefit to stock options, restricted stock units, or performance shares, and instead only applies to the outstanding common stock and as outlined in the executive and director deferred compensation plans. The non-cash portion of the Dividend of $0.4 million was credited to the executive and director deferred compensation plan deferred stock accounts on April 10, 2015 in accordance with the plans. Subsequent Events We perform a review of subsequent events in connection with the preparation of our financial statements. The accounting for and disclosure of events that occur after the balance sheet date, but before our financial statements are issued, are reflected where appropriate or required in our financial statements. Refer to Note 14 of the Consolidated Financial Statements. Recently Adopted Accounting Standards In April 2014, the FASB issued ASU 2014-08 “Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity” (ASU 2014-08). Under ASU 2014-08, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results. Additionally, ASU 2014-08 requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations, including disclosure of pretax profit or loss of an individually significant component of an entity that does not qualify for discontinued operations reporting. ASU 2014-08 was effective for fiscal and interim periods beginning on or after December 15, 2014, which for us was December 29, 2014, the first day of our 2015 fiscal year. The adoption of this standard has not had a material effect on our consolidated results of operations and financial condition. New Accounting Pronouncements and Other Standards In May 2014, the FASB issued ASU 2014-09 “Revenue from Contracts with Customers (Topic 606)” (ASU 2014-09), which creates a new Topic, Accounting Standards Codification Topic 606. The standard is principle-based and provides a five-step model to determine when and how revenue is recognized. The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In July 2015, the FASB approved the deferral of the effective date by one year. The accounting standard is now effective for annual and interim periods beginning after December 15, 2017, which for us is January 1, 2018, the first day of our 2018 fiscal year. The final ASU permits organizations to adopt the new revenue standard early, but not before annual and interim periods beginning after December 15, 2016. We are currently evaluating the impact of adopting this guidance. In June 2014, the FASB issued ASU 2014-12 “Compensation—Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period” (ASU 2014-12). ASU 2014-12 requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. The amendments in ASU 2014-12 are effective for annual periods and interim periods beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. Early adoption is permitted. We have not early adopted ASU 2014-12. Entities may apply the amendments in ASU 2014-12 either: (a) prospectively to all awards granted or modified after the effective date; or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. We plan to apply this guidance prospectively to all awards granted or modified after the effective date. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In August 2014, the FASB issued ASU 2014-15 “Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern” (ASU 2014-15). Continuation of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity’s liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern basis of accounting. If and when an entity’s liquidation becomes imminent, financial statements should be prepared under the liquidation basis of accounting in accordance with Subtopic 205-30, “Presentation of Financial Statements-Liquidation Basis of Accounting.” Even when an entity’s liquidation is not imminent, there may be conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern. In those situations, financial statements should continue to be prepared under the going concern basis of accounting, but the new criteria in ASU 2014-15 should be followed to determine whether to disclose information about the relevant conditions and events. ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. We have not early adopted ASU 2014-15. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In January 2015, the FASB issued ASU 2015-01 “Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items” (ASU 2015-01). The amendments in ASU 2015-01 eliminate from GAAP the concept of extraordinary items. Although the amendments will eliminate the requirements in Subtopic 225-20 for reporting entities to consider whether an underlying event or transaction is extraordinary, the presentation and disclosure guidance for items that are unusual in nature or occur infrequently will be retained and will be expanded to include items that are both unusual in nature and infrequently occurring. ASU 2015-01 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. We have not early adopted ASU 2015-01. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In February 2015, the FASB issued ASU 2015-02 “Consolidation (Topic 810): Amendments to the Consolidation Analysis” (ASU 2015-02). ASU 2015-02 modifies existing consolidation guidance related to (i) limited partnerships and similar legal entities, (ii) the evaluation of variable interests for fees paid to decision makers or service providers, (iii) the effect of fee arrangements and related parties on the primary beneficiary determination, and (iv) certain investment funds. These changes reduce the number of consolidation models from four to two and place more emphasis on the risk of loss when determining a controlling financial interest. This guidance is effective for public companies for fiscal years beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In April 2015, the FASB issued ASU 2015-03 “Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (ASU 2015-03). The amendments in ASU 2015-03 change the presentation of debt issuance costs in financial statements requiring an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. ASU 2015-03 is effective for annual reporting periods beginning after December 15, 2016, which for us is December 26, 2016, the first day of our 2017 fiscal year. Early adoption is permitted. We have not early adopted ASU 2015-03. The new guidance will be applied retrospectively to each prior period presented. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In April 2015, the FASB issued ASU 2015-04 “Compensation—Retirement Benefits (Topic 715): Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets” (ASU 2015-04). The amendments in ASU 2015-04 provide a practical expedient for employers with fiscal year-ends that do not fall on a month-end by permitting those employers to measure defined benefit plan assets and obligations as of the month-end that is closest to the entity's fiscal year-end. ASU 2015-04 is effective for public business entities for fiscal years, and interim periods within those years, beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. Early adoption is permitted. We have not early adopted ASU 2015-04. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In April 2015, the FASB issued ASU 2015-05 “Intangibles—Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement” (ASU 2015-05). The amendments in ASU 2015-05 help entities evaluate the accounting for fees paid by a customer in a cloud computing arrangement by providing guidance as to whether an arrangement includes the sale or license of software. ASU 2015-05 is effective for public business entities for fiscal years, and interim periods within those years, beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. Early adoption is permitted. We have not early adopted ASU 2015-05. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In June 2015, the FASB issued ASU 2015-10 “Technical Corrections and Improvements” (ASU 2015-10). The amendments in ASU 2015-10 provide technical corrections and improvements to a wide range of Topics in the Accounting Standards Codification (the Codification). The purpose of these amendments are to correct unintended differences between original guidance and the Codification, to provide clarification through updating wording or correcting references, to streamline or simplify the Codification through minor changes, and to make other minor improvements to the guidance which are not expected to have a significant effect on current accounting practice. ASU 2015-10 is effective for fiscal and interim periods beginning on or after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. We are in the process of evaluating the adoption of this ASU, and do not expect this to have a material effect on our consolidated results of operations and financial condition. In July 2015, the FASB issued ASU 2015-11 “Inventory (Topic 330): Simplifying the Measurement of Inventory” (ASU 2015-11). The amendments in ASU 2015-11 simplify the subsequent measurement of inventory by requiring inventory to be measured at the lower of cost and net realizable value. ASU 2015-11 is effective for fiscal and interim periods beginning on or after December 15, 2016, which for us is December 26, 2016, the first day of our 2017 fiscal year. Early application is permitted. We have not early adopted ASU 2015-11. The new guidance must be applied prospectively after the date of adoption. We are in the process of evaluating the adoption of this ASU, and do not expect this to have a material effect on our consolidated results of operations and financial condition.

Inventories

Inventories	6 Months Ended
	Jun. 28, 2015
Inventory Disclosure [Abstract]
Inventories	INVENTORIES Inventories consist of the following: (amounts in thousands) June 28, December 28, Raw materials $ 19,341 $ 21,085 Work-in-process 3,181 3,264 Finished goods 69,940 67,511 Total $ 92,462 $ 91,860

Goodwill And Other Intangible A

Goodwill And Other Intangible Assets	6 Months Ended
	Jun. 28, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill And Other Intangible Assets	GOODWILL AND OTHER INTANGIBLE ASSETS We had intangible assets with a net book value of $58.6 million and $64.9 million as of June 28, 2015 and December 28, 2014 , respectively. The following table reflects the components of intangible assets as of June 28, 2015 and December 28, 2014 : June 28, 2015 December 28, 2014 (amounts in thousands) Amortizable Life (years) Gross Amount Gross Accumulated Amortization Gross Amount Gross Accumulated Amortization Finite-lived intangible assets: Customer lists 6 to 20 $ 76,611 $ 59,330 $ 79,110 $ 58,873 Trade name 1 to 30 25,170 17,021 27,172 18,031 Patents, license agreements 3 to 14 55,657 51,036 58,060 52,448 Internal-use software 3 to 7 23,805 15,887 24,034 14,758 Other 2 to 6 7,018 6,915 7,029 6,867 Total amortized finite-lived intangible assets 188,261 150,189 195,405 150,977 Indefinite-lived intangible assets: Trade name 20,512 — 20,512 — Total identifiable intangible assets $ 208,773 $ 150,189 $ 215,917 $ 150,977 Amortization expense for the three and six months ended June 28, 2015 was $2.7 million and $5.4 million , respectively. Amortization expense for the three and six months ended June 29, 2014 was $2.7 million and $5.6 million , respectively. Estimated amortization expense for each of the five succeeding years is anticipated to be: (amounts in thousands) 2015 (1) $ 10,780 2016 $ 10,390 2017 $ 9,318 2018 $ 3,435 2019 $ 2,439 (1) The estimated amortization expense for the remainder of 2015 is anticipated to be $5.4 million . The changes in the carrying amount of goodwill are as follows: (amounts in thousands) Merchandise Availability Solutions Apparel Labeling Solutions Retail Merchandising Solutions Total Balance as of December 29, 2013 $ 159,157 $ 2,116 $ 24,591 $ 185,864 Translation adjustments (9,511 ) — (2,784 ) (12,295 ) Balance as of December 28, 2014 $ 149,646 $ 2,116 $ 21,807 $ 173,569 Translation adjustments (5,703 ) — (1,783 ) (7,486 ) Balance as of June 28, 2015 $ 143,943 $ 2,116 $ 20,024 $ 166,083 The following table reflects the components of goodwill as of June 28, 2015 and December 28, 2014 : June 28, 2015 December 28, 2014 (amounts in thousands) Gross Amount Accumulated Impairment Losses Goodwill, Net Gross Amount Accumulated Impairment Losses Goodwill, Net Merchandise Availability Solutions $ 178,377 $ 34,434 $ 143,943 $ 192,303 $ 42,657 $ 149,646 Apparel Labeling Solutions 83,720 81,604 2,116 84,407 82,291 2,116 Retail Merchandising Solutions 114,510 94,486 20,024 124,127 102,320 21,807 Total goodwill $ 376,607 $ 210,524 $ 166,083 $ 400,837 $ 227,268 $ 173,569 We perform an assessment of goodwill by comparing each individual reporting unit’s carrying amount of net assets, including goodwill, to their fair value at least annually during the October month-end close and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. The May 2011 acquisition of the Shore to Shore businesses included a purchase price payment to escrow of $17.5 million related to the 2010 performance of the acquired business. This amount is subject to adjustment pending final determination of the 2010 performance and could result in an additional purchase price payment of up to $6.3 million . We are currently involved in an arbitration process in order to require the seller to provide audited financial information related to the 2010 performance. Once the final information is received and the calculation of the final purchase price is agreed to by both parties, the final adjustment to the purchase price will be recognized through earnings. Acquisition related costs incurred in connection with the transaction, including legal and other arbitration-related costs, are recognized within Acquisition Costs in the Consolidated Statement of Operations and approximate $41 thousand and $0.1 million for the three and six months ended June 28, 2015 , respectively, without a comparable expense for the three and six months ended June 29, 2014 .

Debt

Debt	6 Months Ended
	Jun. 28, 2015
Debt Disclosure [Abstract]
Debt	DEBT Debt as of June 28, 2015 and December 28, 2014 consisted of the following: (amounts in thousands) June 28, 2015 December 28, 2014 2013 Senior Secured Credit Facility: $200 million variable interest rate revolving credit facility maturing in 2018 $ 65,000 $ 65,000 Full-recourse factoring liabilities 46 83 Bank overdraft credit facility 73 65 Capital leases with maturities through 2020 213 249 Total 65,332 65,397 Less current portion 186 236 Total long-term portion $ 65,146 $ 65,161 2013 Senior Secured Credit Facility On December 11, 2013, we entered into a new $200.0 million five-year senior secured multi-currency revolving credit facility (2013 Senior Secured Credit Facility) agreement (2013 Credit Agreement) with a syndicate of lenders. All obligations under the 2013 Senior Secured Credit Facility are irrevocably and unconditionally guaranteed on a joint and several basis by certain domestic subsidiaries. Collateral under the 2013 Senior Secured Credit Facility includes a 100% stock pledge of domestic subsidiaries and a 65% stock pledge of all first-tier foreign subsidiaries, excluding our Japanese subsidiary. All domestic tangible and intangible personal property, excluding any real property with a value of less than $5 million , are also pledged as collateral. Borrowings under the 2013 Senior Secured Credit Facility, other than swingline loans, bear interest at our option of either (i) a spread ranging from 0.25% to 1.25% over the Base Rate (as described below), or (ii) a spread ranging from 1.25% to 2.25% over the LIBOR rate, and in each case fluctuating in accordance with changes in our leverage ratio, as defined in the 2013 Credit Agreement. The "Base Rate" is the highest of (i) the Federal Funds Rate, plus 0.50% , (ii) the Administrative Agent’s prime rate, and (iii) a daily rate equal to the one-month LIBOR rate, plus 1.00% . Swingline loans bear interest of a spread ranging from 0.25% to 1.25% over the Base Rate. We pay an unused line fee ranging from 0.20% to 0.40% per annum on the unused portion of the 2013 Senior Secured Credit Facility. Pursuant to the terms of the 2013 Senior Secured Credit Facility, we are subject to various requirements, including covenants requiring the maintenance of (i) a maximum total leverage ratio of 3.00 and (ii) a minimum interest coverage ratio of 3.00 . We are in compliance with the maximum total leverage ratio and minimum interest coverage ratio as of June 28, 2015 . The 2013 Senior Secured Credit Facility also contains customary representations and warranties, affirmative and negative covenants, notice provisions and events of default, including change of control, cross-defaults to other debt, and judgment defaults. Upon a default under the 2013 Senior Secured Credit Facility, including the non-payment of principal or interest, our obligations under the 2013 Credit Agreement may be accelerated and the assets securing such obligations may be sold. As of June 28, 2015 , there were $1.4 million in issued letters of credit outstanding under the 2013 Senior Secured Credit Facility. Financing Liability In June 2011, we sold, to a financial institution in Spain, rights to future customer receivables resulting from the negotiated extension of previously executed sales-type lease arrangements, whose receivables were previously sold. The 2011 transaction qualified as a legal sale without recourse. However, until the receivables are recognized, the proceeds from the fiscal 2011 legal sale are accounted for as a financing arrangement and reflected as Financing Liability in our Consolidated Balance Sheets. The balance of the financing liability is $31.3 million and $33.1 million as of June 28, 2015 and December 28, 2014 , respectively. We impute a non-cash interest charge on the financing liability using a rate of 6.365% , which we recognize as interest expense, until our right to recognize the legal sales permits us to de-recognize the liability and record operating income on the sale. We recognized interest expense related to the financing liability for the three and six months ended June 28, 2015 of $0.5 million and $1.0 million , respectively. The recognized interest expense related to the financing liability for the three and six months ended June 29, 2014 was $0.6 million and $1.1 million , respectively. During fiscal 2016 through 2018, when we are permitted to recognize the lease receivables upon the commencement of the lease extensions, we expect to de-recognize both the associated receivables and the related financing liability and record other operating income on the sale. At this point, our obligation under the financing liability will have been extinguished. In March 2015, we again sold rights to future customer receivables to a financial institution in Spain resulting from the negotiated extension of previously executed sales-type lease arrangements. The 2015 transaction qualified as a legal sale without recourse. For the three and six months ended June 28, 2015 , we recognized $0.1 million and $0.5 million of income, respectively, on the sale in Other Operating Income on our Consolidated Statement of Operations. A portion of the receivables were previously sold to another financial institution and we did not complete the reacquisition of these receivables until after the end of the first quarter of 2015. Therefore, a portion of the proceeds from the fiscal 2015 legal sale were accounted for as a financing arrangement and reflected as Financing Liability in our Consolidated Balance Sheets until the reacquisition of the receivables was completed in the second quarter of 2015.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 28, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	STOCK-BASED COMPENSATION Stock-based compensation cost recognized in operating results (included in selling, general, and administrative expenses) for the three and six months ended June 28, 2015 was $1.5 million and $3.0 million ( $1.5 million and $2.9 million , net of tax), respectively. For the three and six months ended June 29, 2014 , the total compensation expense was $1.4 million and $2.9 million ( $1.4 million and $2.8 million , net of tax), respectively. The associated actual tax benefit realized for the tax deduction from option exercises of share-based payment units and awards released equaled $0.1 million and $0.1 million for the six months ended June 28, 2015 and June 29, 2014 , respectively. Stock Options Option activity under the principal option plans as of June 28, 2015 and changes during the six months ended June 28, 2015 were as follows: Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) Outstanding at December 28, 2014 2,349,447 $ 17.77 3.98 $ 2,716 Granted 266,080 13.40 Exercised (11,377 ) 9.42 Forfeited or expired (381,538 ) 18.89 Outstanding at June 28, 2015 2,222,612 $ 17.10 4.70 $ 758 Vested and expected to vest at June 28, 2015 2,120,446 $ 17.26 4.47 $ 755 Exercisable at June 28, 2015 1,717,387 $ 18.37 3.47 $ 554 The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the difference between our closing stock price on the last trading day of the second quarter of fiscal 2015 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on June 28, 2015 . This amount changes based on the fair market value of our stock. The total intrinsic value of options exercised for the six months ended June 28, 2015 and June 29, 2014 was $40 thousand and $0.1 million , respectively. As of June 28, 2015 , $1.4 million of total unrecognized compensation cost related to stock options is expected to be recognized over a weighted-average period of 2.2 years. The fair value of share-based payment units was estimated using the Black-Scholes option pricing model. The table below presents the weighted-average expected life in years. The expected life computation is based on historical exercise patterns and post-vesting termination behavior. The expected dividend yield is based on the estimate of annual dividends expected to be paid at the time of the grant. Volatility is determined using changes in historical stock prices. The interest rate for periods within the expected life of the award is based on the U.S. Treasury yield curve in effect at the time of grant. The weighted-average fair values and assumptions were as follows: Six months ended June 28, June 29, Weighted-average fair value of grants $ 5.48 $ 6.42 Valuation assumptions: Expected life (in years) 5.51 5.12 Expected dividend yield 0.00 % 0.00 % Expected volatility 45.95 % 48.12 % Risk-free interest rate 1.541 % 1.464 % Restricted Stock Units Nonvested restricted stock units as of June 28, 2015 and changes during the six months ended June 28, 2015 were as follows: Number of Shares Weighted- Average Vest Date (in years) Weighted- Average Grant Date Fair Value Nonvested at December 28, 2014 940,857 0.56 $ 17.11 Granted 331,000 $ 12.61 Vested (290,938 ) $ 12.93 Forfeited (33,644 ) $ 14.73 Nonvested at June 28, 2015 947,275 1.23 $ 16.91 Vested and expected to vest at June 28, 2015 850,831 1.15 Vested and deferred at June 28, 2015 424,375 — The total fair value of restricted stock awards vested during the first six months of 2015 was $3.8 million as compared to $2.9 million in the first six months of 2014 . As of June 28, 2015 , there was $4.7 million of unrecognized stock-based compensation expense related to nonvested restricted stock units (RSUs), including amounts related to performance-based RSUs detailed below. That cost is expected to be recognized over a weighted-average period of 1.9 years. The following performance-based awards of restricted stock units (RSUs) are included in the balance of nonvested RSUs at June 28, 2015 in the table above. There were no new awards of performance-based RSUs in the first six months of 2015. On February 27, 2014, RSUs were awarded to certain key employees as part of the LTIP 2014 plan. The number of shares for these units varies based on the growth of our earnings before interest, taxes, depreciation, and amortization (EBITDA) during the January 2014 to December 2016 performance period. The final value of these units will be determined by the number of shares earned. The value of these units is charged to compensation expense on a straight-line basis over the vesting period with periodic adjustments to account for changes in anticipated award amounts and estimated forfeitures rates. The weighted average price for these RSUs was $14.90 per share. Compensation expense of $0.1 million and $0.1 million was recognized in connection with these RSUs for the six months ended June 28, 2015 and June 29, 2014 , respectively. As of June 28, 2015 , total unamortized compensation expense for this grant was $0.5 million . As of June 28, 2015 , the maximum achievable RSUs outstanding under this plan are 137,820 units. These RSUs reduce the shares available to grant under the Checkpoint Systems, Inc. Amended and Restated 2004 Omnibus Incentive Compensation Plan (the 2004 Plan). On February 27, 2013, RSUs were awarded to certain key employees as part of the LTIP 2013 plan. These awards have a market condition. The number of shares for these units varies based on the relative ranking of our total shareholder return (TSR) against the TSRs of the constituents of the Russell 2000 Index during the January 2013 to December 2015 performance period. The final value of these units will be determined by the number of shares earned. The value of these units is charged to compensation expense on a straight-line basis over the vesting period with periodic adjustments to account for changes in anticipated award amounts and estimated forfeitures rates. The grant date fair value for these RSUs was $11.91 per share. Additional RSUs related to the LTIP 2013 plan were awarded on May 28, 2013, with a grant date fair value of $11.56 per share. Compensation expense of $8 thousand and $47 thousand was recognized in connection with these RSUs for the six months ended June 28, 2015 and June 29, 2014 , respectively. As of June 28, 2015 , total unamortized compensation expense for these grants was $31 thousand . As of June 28, 2015 , the maximum achievable RSUs outstanding under this plan are 22,500 units. These RSUs reduce the shares available to grant under the 2004 Plan. 2015 Incentive Award Plan In April 2015, the Board of Directors adopted the Checkpoint Systems, Inc. 2015 Incentive Award Plan (the 2015 Plan), with shareholder approval obtained at the annual meeting of shareholders held on June 3, 2015. Upon approval of the 2015 Plan, no additional awards are to be made under the Checkpoint Systems, Inc. Amended and Restated 2004 Omnibus Incentive Compensation Plan (the 2004 Plan). All awards previously granted under the 2004 Plan will remain subject to the terms of the 2004 Plan. The 2015 Plan authorizes the issuance of a total of 3,877,777 shares of common stock, which will be reduced by any shares issued pursuant to awards granted under the 2004 Plan after December 28, 2014. This represents an increase of 1,252,766 shares over the current reserve in the 2004 Plan. In addition, subject to certain limitations, shares covered by an award granted under the 2015 Plan or shares covered by an award previously granted under the 2004 Plan which expire or are canceled without having been exercised in full or that are forfeited or repurchased shall be added to the shares of Common Stock authorized for issuance under the 2015 Plan. 2015 Employee Stock Purchase Plan In April 2015, the Board of Directors adopted the 2015 Employee Stock Purchase Plan (the 2015 ESPP), with shareholder approval obtained at the annual meeting of shareholders held on June 3, 2015. The 2015 ESPP is designed to replace the Checkpoint Systems, Inc. 423 Employee Stock Purchase Plan (the Prior ESPP). We exhausted the number of shares available for issuance under the Prior ESPP at the end of March 2015. In connection with the adoption of the 2015 ESPP, we registered an additional 600,000 shares of common stock in a Registration Statement on Form S-8 under the Securities Act of 1933, as amended, on March 31, 2015. Other Compensation Arrangements On March 15, 2010, we initiated a plan in which time-vested cash unit awards were granted to eligible employees. The time-vested cash unit awards under this plan vest evenly over two or three years from the date of grant. The total amount accrued related to the plan equaled $0.4 million as of June 28, 2015 , of which $0.3 million and $0.5 million was expensed for the three and six months ended June 28, 2015 . The total amount accrued related to the plan equaled $0.4 million as of June 29, 2014 , of which $0.3 million and $0.6 million was expensed for the three and six months ended June 29, 2014 . The associated liability is included in Accrued Compensation and Related Taxes in the accompanying Consolidated Balance Sheets. On May 2, 2013 a cash-based performance award was awarded to our CEO under the terms of our LTIP 2013 plan. Our relative TSR performance determines the payout as a percentage of an established target cash amount of $0.4 million . Because the final payout of the award is made in cash, the award is classified as a liability and the fair value is marked-to-market each reporting period. As of June 28, 2015 , the fair value of the award is $0.05 per dollar of the target cash amount awarded. The value of this award is charged to compensation expense on a straight-line basis over the vesting period. Compensation expense of $103 thousand was reversed in the first six months of 2015 . For the first six months of 2014 , $29 thousand was charged to compensation expense. The associated liability is included in Accrued Compensation and Related Taxes in the accompanying Consolidated Balance Sheets. To determine the fair value of the cash-based performance award as of June 28, 2015 , we used a Monte Carlo simulation using the following assumptions: (i) expected volatility of 32.82% , (ii) risk-free rate of 0.08% , and (iii) an expected dividend yield of zero .

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	6 Months Ended
	Jun. 28, 2015
Supplemental Cash Flow Information [Abstract]
Supplemental Cash Flow Information	SUPPLEMENTAL CASH FLOW INFORMATION Cash payments for interest and income taxes for the six months ended June 28, 2015 and June 29, 2014 were as follows: (amounts in thousands) Six months ended June 28, June 29, Interest $ 724 $ 1,026 Income tax payments $ 3,575 $ 4,014 As of June 28, 2015 and June 29, 2014 , we accrued $0.9 million and $0.6 million of capital expenditures, respectively. These amounts were excluded from the Consolidated Statements of Cash Flows at June 28, 2015 and June 29, 2014 since they represent non-cash investing activities. Accrued capital expenditures at June 28, 2015 and June 29, 2014 are included in Accounts Payable and Other Accrued Expenses on the Consolidated Balance Sheets. A special dividend was declared on March 5, 2015. The cash portion of the Dividend of $21.0 million was paid to common shareholders on April 10, 2015. The non-cash portion of the Dividend of $0.4 million was also credited to the executive and director deferred compensation plan deferred stock accounts on April 10, 2015 in accordance with the plans.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 28, 2015
Earnings Per Share [Abstract]
Earnings Per Share	EARNINGS PER SHARE The following data shows the amounts used in computing earnings per share and the effect on net earnings and the weighted-average number of shares of dilutive potential common stock: Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands, except per share data) June 28, June 29, June 28, June 29, Net (loss) earnings available to common stockholders $ (5,407 ) $ 9,854 $ (6,152 ) $ 9,725 Shares: Weighted-average number of common shares outstanding 42,071 41,678 41,961 41,609 Shares issuable under deferred compensation agreements 885 360 845 353 Basic weighted-average number of common shares outstanding 42,956 42,038 42,806 41,962 Common shares assumed upon exercise of stock options and awards — 273 — 308 Unvested shares issuable under deferred compensation arrangements — 13 — 17 Dilutive weighted-average number of common shares outstanding 42,956 42,324 42,806 42,287 Basic (loss) earnings per share $ (0.13 ) $ 0.23 $ (0.14 ) $ 0.23 Diluted (loss) earnings per share $ (0.13 ) $ 0.23 $ (0.14 ) $ 0.23 Anti-dilutive potential common shares are not included in our earnings per share calculation. The Long-term Incentive Plan restricted stock units were excluded from our calculation due to performance vesting criteria not being met. The number of anti-dilutive common share equivalents for the three and six months ended June 28, 2015 and June 29, 2014 were as follows: Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands) June 28, June 29, June 28, June 29, Weighted-average common share equivalents associated with anti-dilutive stock options and restricted stock units excluded from the computation of diluted EPS (1) 2,424 2,315 2,317 2,107 (1) Stock options and awards of 146 thousand and 219 thousand shares and deferred compensation arrangements of 21 thousand and 29 thousand shares were anti-dilutive in the first three and six months of 2015 and were therefore excluded from the earnings per share calculation due to our net loss for the period.

Income Taxes

Income Taxes	6 Months Ended
	Jun. 28, 2015
Income Tax Disclosure [Abstract]
Income Taxes	INCOME TAXES The effective tax rate for the six months ended June 28, 2015 was 9.2% as compared to 23.6% for the six months ended June 29, 2014 . The change in the effective tax rate for the six months ended June 28, 2015 was due to the mix of income between subsidiaries and increased losses for entities with valuation allowances for which no tax benefit is received. We evaluate our deferred income taxes quarterly to determine if valuation allowances are required or should be adjusted. We are required to assess whether valuation allowances should be established against their deferred tax assets based on all available evidence, both positive and negative, using a “more likely than not” standard. In the assessment for a valuation allowance, appropriate consideration is given to all positive and negative evidence related to the realization of the deferred tax assets. This assessment considers, among other matters, the nature, frequency and severity of current and cumulative losses, forecasts of future profitability, the duration of statutory carryforward periods, our experience with loss carryforwards not expiring, and tax planning alternatives. We operate and derive income across multiple jurisdictions. As each of the respective lines of business experiences changes in operating results across their geographic footprint, we may encounter losses in jurisdictions that have been historically profitable, and as a result might require additional valuation allowances to be recorded against certain deferred tax asset balances. As of June 28, 2015 and December 28, 2014 , we had net deferred tax assets of $10.4 million and $12.8 million , respectively. At December 28, 2014, the U.S. had a valuation allowance of $108.3 million recorded against its net deferred tax assets of $96.1 million . The amount of valuation allowance recorded was greater than the net domestic deferred tax asset after consideration of deferred tax liabilities associated with non amortizable assets such as goodwill and indefinite lived intangibles. The valuation allowance is reviewed quarterly and will be maintained until there is sufficient positive evidence to support a release. At each reporting date, we consider new evidence, both positive and negative, that could impact the future realization of deferred tax assets. We will consider a release of the valuation allowance once there is sufficient positive evidence that it is more likely than not that the deferred tax assets will be realized. Any release of the valuation allowance will be recorded as a tax benefit increasing net income. Included in Other Current Assets as of June 28, 2015 , is a current income tax receivable of $6.9 million . This amount represents a net receivable of $2.4 million as of December 28, 2014 , year to date estimated tax payments made in excess of refunds received in the amount of $3.9 million , and current tax benefit recorded on our year to date pretax income of $0.6 million . Included in Other Current Liabilities is our current deferred tax liability of $2.7 million . The total amount of gross unrecognized tax benefits that, if recognized, would affect the effective tax rate was $8.9 million and $16.4 million at June 28, 2015 and December 28, 2014 , respectively. Penalties and tax-related interest expense are reported as a component of Income Tax Expense on our Consolidated Statement of Operations. During the six months ended June 28, 2015 we recognized no interest and penalties expense compared to an interest and penalties benefit of $0.1 million during the six months ended June 29, 2014 . As of June 28, 2015 and December 28, 2014 , we had accrued interest and penalties related to unrecognized tax benefits of $2.8 million and $4.3 million , respectively. As of June 28, 2015 and December 28, 2014 , $16.1 million and $16.1 million , respectively, of our unrecognized tax benefits, penalties, and interest were recorded as a component of Other Long-Term Liabilities on the Consolidated Balance Sheets. We file income tax returns in the U.S. and in various states, local and foreign jurisdictions. We are routinely examined by tax authorities in these jurisdictions. It is possible that these examinations may be resolved within twelve months. Due to the expiration of various statutes of limitation and the potential resolution of federal, state, and foreign examinations, it is reasonably possible that the gross unrecognized tax benefits balance may decrease within the next twelve months by $4.6 million . We are currently under audit in the following major jurisdictions: India - 2012 to 2013 , France - 2012 to 2013 , and Canada - 2011 to 2014 . During the current quarter we resolved an audit with the German tax authorities for tax years 2006 to 2009 with no impact to income tax expense. The following major jurisdictions have tax years that remain subject to examination: Germany - 2010 to 2014 , United States - 2011 to 2014 , China - 2012 to 2014 and Hong Kong - 2008 to 2014 . Our tax returns for open years in all jurisdictions are subject to changes upon examination. We operate under tax holidays in certain countries, which are effective through dates ranging from 2015 to 2017 , and may be extended if certain additional requirements are satisfied. The tax holidays are conditional upon our meeting certain employment and investment thresholds.

Pension Benefits

Pension Benefits	6 Months Ended
	Jun. 28, 2015
Compensation and Retirement Disclosure [Abstract]
Pension Benefits	PENSION BENEFITS The components of net periodic benefit cost for the three and six months ended June 28, 2015 and June 29, 2014 were as follows: Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands) June 28, June 29, June 28, June 29, Service cost $ 297 $ 283 $ 601 $ 565 Interest cost 525 917 1,060 1,833 Expected return on plan assets (33 ) (1 ) (67 ) (1 ) Amortization of actuarial loss 733 386 1,483 771 Amortization of prior service costs 7 3 13 6 Net periodic pension cost $ 1,529 $ 1,588 $ 3,090 $ 3,174 We expect the cash requirements for funding the pension benefits to be approximately $4.3 million during fiscal 2015 , including $2.2 million which was funded during the six months ended June 28, 2015 .

Fair Value Measurement, Financi

Fair Value Measurement, Financial Instruments And Risk Management	6 Months Ended
	Jun. 28, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurement, Financial Instruments And Risk Management	FAIR VALUE MEASUREMENT, FINANCIAL INSTRUMENTS AND RISK MANAGEMENT Fair Value Measurement We utilize the market approach to measure fair value for our financial assets and liabilities. The market approach uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities. The fair value hierarchy is intended to increase consistency and comparability in fair value measurements and related disclosures. The fair value hierarchy is based on inputs to valuation techniques that are used to measure fair value that are either observable or unobservable. Observable inputs reflect assumptions market participants would use in pricing an asset or liability based on market data obtained from independent sources while unobservable inputs reflect a reporting entity’s pricing based upon their own market assumptions. The fair value hierarchy consists of the following three levels: Level 1 Inputs are quoted prices in active markets for identical assets or liabilities. Level 2 Inputs are quoted prices for similar assets or liabilities in an active market, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable and market-corroborated inputs which are derived principally from or corroborated by observable market data. Level 3 Inputs are derived from valuation techniques in which one or more significant inputs or value drivers are unobservable. Because our derivatives are not listed on an exchange, we value these instruments using a valuation model with pricing inputs that are observable in the market or that can be derived principally from or corroborated by observable market data. Our methodology also incorporates the impact of both ours and the counterparty’s credit standing. The following tables represent our assets and liabilities measured at fair value on a recurring basis as of June 28, 2015 and December 28, 2014 and the basis for that measurement: June 28, 2015 (amounts in thousands) Total Fair Value Measurement June 28, 2015 Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Foreign currency forward exchange contracts $ 19 $ — $ 19 $ — Total assets $ 19 $ — $ 19 $ — Foreign currency forward exchange contracts $ 37 $ — $ 37 $ — Total liabilities $ 37 $ — $ 37 $ — December 28, 2014 ( amounts in thousands) Total Fair Value Measurement December 28, 2014 Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Foreign currency forward exchange contracts $ 55 $ — $ 55 $ — Total assets $ 55 $ — $ 55 $ — Foreign currency forward exchange contracts $ 23 $ — $ 23 $ — Total liabilities $ 23 $ — $ 23 $ — We believe that the fair values of our current assets and current liabilities (cash, accounts receivable, accounts payable, and other current liabilities) approximate their reported carrying amounts. The carrying values and the estimated fair values of non-current financial assets and liabilities that qualify as financial instruments and are not measured at fair value on a recurring basis at June 28, 2015 and December 28, 2014 are summarized in the following table: June 28, 2015 December 28, 2014 (amounts in thousands) Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value Long-term debt (including current maturities and excluding capital leases and factoring) (1) 2013 Senior secured credit facility $ 65,000 $ 65,000 $ 65,000 $ 65,000 (1) The carrying amounts are reported on the Consolidated Balance Sheets under the indicated captions. Long-term debt is carried at the original offering price, less any payments of principal. The carrying amount of the Senior Secured Credit Facility approximates fair value due to the variable rate nature of its interest at current market rates. The related fair value measurement has generally been classified as Level 2 in the fair value hierarchy. Nonrecurring Fair Value Measurements In connection with our restructuring plans, we recorded impairment losses in restructuring expense during the six months ended June 29, 2014 of $0.2 million due to the impairment of certain long-lived assets for which the carrying value of those assets may not be recoverable based upon our estimated cash flows. Assets with carrying amounts of $0.2 million were written down to their fair values of $21 thousand . Given that the impairment losses were determined using internal estimates of future cash flows or upon non-identical assets using significant unobservable inputs, we have classified the remaining fair value of long-lived assets as Level 3 in the fair value hierarchy. Refer to Note 11 of the Consolidated Financial Statements. Financial Instruments and Risk Management We manufacture products in the U.S., Europe, and the Asia Pacific region for both the local marketplace and for export to our foreign subsidiaries. The foreign subsidiaries, in turn, sell these products to customers in their respective geographic areas of operation, generally in local currencies. This method of sale and resale gives rise to the risk of gains or losses as a result of currency exchange rate fluctuations on inter-company receivables and payables. Additionally, the sourcing of product in one currency and the sales of product in a different currency can cause gross margin fluctuations due to changes in currency exchange rates. Our major market risk exposures are movements in foreign currency and interest rates. We have historically not used financial instruments to minimize our exposure to currency fluctuations on our net investments in and cash flows derived from our foreign subsidiaries. We have used third-party borrowings in foreign currencies to hedge a portion of our net investments in and cash flows derived from our foreign subsidiaries. A reduction in our third-party foreign currency borrowings will result in an increase of foreign currency fluctuations on our net investments in and cash flows derived from our foreign subsidiaries. We enter into forward exchange contracts to reduce the risks of currency fluctuations on short-term inter-company receivables and payables. These contracts are entered into with major financial institutions, thereby minimizing the risk of credit loss. We will consider using interest rate derivatives to manage interest rate risks when there is a disproportionate ratio of floating and fixed-rate debt. We do not hold or issue derivative financial instruments for speculative or trading purposes. We are subject to other foreign exchange market risk exposure resulting from anticipated non-financial instrument foreign currency cash flows which are difficult to reasonably predict, and have therefore not been included in the table of fair values. All listed items described are non-trading. The following table presents the fair values of derivative instruments included within the Consolidated Balance Sheets as of June 28, 2015 and December 28, 2014 : June 28, 2015 December 28, 2014 Asset Derivatives Liability Derivatives Asset Derivatives Liability Derivatives (amounts in thousands) Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivatives not designated as hedging instruments Foreign currency forward exchange contracts Other current assets $ 19 Other current liabilities $ 37 Other current assets $ 55 Other current liabilities $ 23 Total derivatives not designated as hedging instruments 19 37 55 23 Total derivatives $ 19 $ 37 $ 55 $ 23 The following table represents the amounts affecting the Consolidated Statements of Operations for the three and six months ended June 28, 2015 and June 29, 2014 : Quarter Six months (13 weeks) Ended (26 weeks) Ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 (amounts in thousands) Amount of Gain (Loss) Recognized in Income on Derivatives Location of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Location of Gain (Loss) Recognized in Income on Derivatives Amount of Location of Amount of Location of Derivatives not designated as hedging instruments: Foreign exchange forwards and options $ 564 Other gain (loss), net $ (36 ) Other gain (loss), net $ 275 Other gain $ (66 ) Other gain We selectively purchase currency forward exchange contracts to reduce the risks of currency fluctuations on short-term inter-company receivables and payables. These contracts guarantee a predetermined exchange rate at the time the contract is purchased. This allows us to shift the effect of positive or negative currency fluctuations to a third-party. Transaction gains or losses resulting from these contracts are recognized at the end of each reporting period. We use the fair value method of accounting, recording realized and unrealized gains and losses on these contracts. These gains and losses are included in Other Gain (Loss), net on our Consolidated Statements of Operations. As of June 28, 2015 , we had currency forward exchange contracts with notional amounts totaling approximately $5.4 million . The fair values of the forward exchange contracts were reflected as a $19 thousand asset and a $37 thousand liability included in Other Current Assets and Other Current Liabilities in the accompanying Consolidated Balance Sheets. The contracts are in the various local currencies covering primarily our operations in the U.S. and Western Europe. Historically, we have not purchased currency forward exchange contracts where it is not economically efficient, specifically for our operations in South America and Asia, with the exception of Japan.

Provision For Restructuring

Provision For Restructuring	6 Months Ended
	Jun. 28, 2015
Restructuring and Related Activities [Abstract]
Provision For Restructuring	PROVISION FOR RESTRUCTURING Profit Enhancement Plan During September 2014, we initiated the Profit Enhancement Plan focused on increasing profitability through strategic headcount reductions and the streamlining of manufacturing processes. The projects included in this plan are currently underway, with final headcount reductions expected to be recognized by the fourth quarter of 2015. For the six months ended June 28, 2015 , the net charge to earnings of $1.7 million represents the current year activity related to the Profit Enhancement Plan. Total costs of the plan are $7.0 million through the end of the second quarter of 2015. Termination benefits are planned to be paid 1 month to 24 months after termination. Global Restructuring Plan (including LEAN) During September 2011, we initiated the Global Restructuring Plan focused on further reducing our overall operating expenses by including manufacturing and other cost reduction initiatives, such as consolidating certain manufacturing facilities and administrative functions to improve efficiencies. This plan was further expanded in the first quarter of 2012 and again during the second quarter of 2012 to include Project LEAN. All projects in our Global Restructuring Plan including Project LEAN have been substantially completed. For the six months ended June 28, 2015 , the net release to earnings of $0.1 million represents the current year activity related to the Global Restructuring Plan including Project LEAN. Total costs related to the plan of $60 million have been incurred through June 28, 2015 . All terminations for the plan were substantially completed during the fourth quarter of 2014. Termination benefits are planned to be paid 1 month to 24 months after termination. Restructuring expense for the three and six months ended June 28, 2015 and June 29, 2014 was as follows: Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands) June 28, June 29, June 28, June 29, Profit Enhancement Plan Severance and other employee-related charges $ 170 $ — $ 1,516 $ — Other exit costs 116 — 163 — Global Restructuring Plan (including LEAN) Severance and other employee-related charges (13 ) 272 (102 ) 1,844 Asset impairments — — — 172 Other exit costs 11 99 11 242 SG&A Restructuring Plan Severance and other employee-related charges — (30 ) — (25 ) Total $ 284 $ 341 $ 1,588 $ 2,233 Restructuring accrual activity for the six months ended June 28, 2015 was as follows: (amounts in thousands) Accrual at Beginning of Year Charged to Earnings Charge Reversed to Earnings Cash Payments Exchange Rate Changes Accrual at June 28, 2015 Profit Enhancement Plan Severance and other employee-related charges $ 4,082 $ 2,206 $ (690 ) $ (2,878 ) $ (264 ) $ 2,456 Other exit costs (1) — 163 — (163 ) — — Global Restructuring Plan (including LEAN) Severance and other employee-related charges 2,050 61 (163 ) (1,232 ) (153 ) 563 Other exit costs (2) 15 11 — (11 ) — 15 SG&A Restructuring Plan Severance and other employee-related charges 108 — — (45 ) (8 ) 55 Total $ 6,255 $ 2,441 $ (853 ) $ (4,329 ) $ (425 ) $ 3,089 (1) During the first six months of 2015, there was a net charge to earnings of $0.2 million primarily due to restructuring agent costs and legal costs in connection with the restructuring plan. (2) During the first six months of 2015, there was a net charge to earnings of $11 thousand primarily due to lease costs in connection with the restructuring plan.

Contingencies

Contingencies	6 Months Ended
	Jun. 28, 2015
Commitments and Contingencies Disclosure [Abstract]
Contingencies	CONTINGENCIES We are involved in certain legal and regulatory actions, all of which have arisen in the ordinary course of business, except for the matters described in the following paragraphs. Additionally, management believes that the ultimate resolution of such matters is unlikely to have a material adverse effect on our consolidated results of operations and/or financial condition, except as described below. Matters related to All-Tag Security S.A. and All-Tag Security Americas, Inc. We originally filed suit on May 1, 2001, alleging that the disposable, deactivatable radio frequency security tag manufactured by All-Tag Security S.A. and All-Tag Security Americas, Inc.'s (jointly All-Tag) and sold by Sensormatic Electronics Corporation (Sensormatic) infringed on a U.S. Patent No. 4,876,555 (the 555 Patent) owned by us. On April 22, 2004, the United States District Court for the Eastern District of Pennsylvania (the Pennsylvania Court) granted summary judgment to defendants All-Tag and Sensormatic on the ground that the 555 Patent was invalid for incorrect inventorship. We appealed this decision. On June 20, 2005, we won an appeal when the United States Court of Appeals for the Federal Circuit (the Appellate Court) reversed the grant of summary judgment and remanded the case to the Pennsylvania Court for further proceedings. On January 29, 2007 the case went to trial, and on February 13, 2007, a jury found in favor of the defendants on infringement, the validity of the 555 Patent and the enforceability of the 555 Patent. On June 20, 2008, the Pennsylvania Court entered judgment in favor of defendants based on the jury's infringement and enforceability findings. On February 10, 2009, the Pennsylvania Court granted defendants' motions for attorneys' fees designating the case as an exceptional case and awarding an unspecified portion of defendants' attorneys' fees under 35 U.S.C. § 285. Defendants sought approximately $5.7 million plus interest. We recognized this amount during the fourth fiscal quarter ended December 28, 2008 in litigation settlements on the Consolidated Statement of Operations. On March 6, 2009, we filed objections to the defendants' bill of attorneys' fees. On November 2, 2011, the Pennsylvania Court finalized the decision to order us to pay the attorneys' fees and costs of the defendants in the amount of $6.6 million . The additional amount of $0.9 million was recorded in the fourth quarter ended December 25, 2011 in the Consolidated Statement of Operations. On November 15, 2011, we filed objections to and appealed the Pennsylvania Court's award of attorneys' fees to the defendants. Following the filing of briefs and the completion of oral arguments, the Appellate Court reversed the decision of the Pennsylvania Court on March 25, 2013. As a result of the final decision, we reversed the All-Tag reserve of $6.6 million in the first quarter ended March 31, 2013. The Appellate Court decision was appealed by All-Tag and Sensormatic to the U.S. Supreme Court. While the appeal was still pending, the U.S. Supreme Court agreed to hear two cases (Octane Fitness, LLC v. ICON Health & Fitness, Inc. and Highmark, Inc. v. Allcare Health Management Systems) arguing that the governing standard for finding a case exceptional under 35 U.S.C. § 285 was too rigid. On December 30, 2013, based on the Supreme Court’s willingness to re-evaluate the exceptional case standard, defendants requested that the Supreme Court also hear our case. On April 29, 2014, the Supreme Court issued its rulings in Octane Fitness and Highmark and relaxed the standard for determining when a case is exceptional. As a result, on May 5, 2014, the Supreme Court vacated the judgment of the Appellate Court in our case (reinstating the Pennsylvania Court’s exceptional case finding) and sent the case back to the Appellate Court for further consideration in light of the new standards set forth in Octane Fitness and Highmark. On June 10, 2014, defendants filed a motion in the Appellate Court asking that the Appellate Court either affirm the Pennsylvania Court’s exceptional case finding outright or send the case back to the Pennsylvania Court so that it could consider the case again under the new exceptional case standard. On June 23, 2014, we filed our opposition to the motion to remand and moved the Appellate Court to once again reverse the Pennsylvania Court’s exceptional case finding. On October 14, 2014, the Appellate Court remanded the case to the Pennsylvania Court for further proceedings. We do not believe it is probable that the case will ultimately be decided against us and therefore there is no amount reserved for this matter as of June 28, 2015 . Matter related to Universal Surveillance Corporation EAS RF Anti-trust Litigation Universal Surveillance Corporation (USS) filed a complaint against us in the United States Federal District Court of the Northern District of Ohio (the Ohio Court) on August 19, 2011. USS claims that, in connection with our competition in the electronic article surveillance market, we violated the federal antitrust laws (Sherman Act and Clayton Act) and state antitrust laws (Ohio Valentine Act). USS also claims that we violated the federal Lanham Act, the Ohio Deceptive Trade Practices Act, and the Ohio Trade Secrets Act, and engaged in conduct that allegedly disparaged USS and tortiously interfered with USS's business relationships and contracts. USS is seeking injunctive relief as well as approximately $65 million in claimed damages for alleged lost profits, plus treble damages and attorney's fees under the Sherman Act. We have neither recorded a reserve for this matter nor do we believe that there is a reasonable possibility that a loss has been incurred. Our legal fees related to the USS matter were being paid pursuant to our coverage under insurance policies with American Home Assurance Company and National Union Fire Insurance Company of Pittsburgh, Pa. (AIG). On July 9, 2014, AIG filed a complaint against us in the Superior Court of New Jersey (the New Jersey Court) claiming that AIG has no duty to defend or indemnify us under the insurance policies as they relate to the USS matter. AIG also claims reimbursement of legal fees, costs, and expenses previously paid by AIG on our behalf that are not covered by insurance as well as our reimbursement of AIG’s legal costs related to this matter. AIG continued to pay on our behalf most of our legal fees, costs, and expenses related to this matter. In May 2015, we engaged in formal discussions with AIG regarding the possibility of reaching a settlement of this matter in advance of the scheduled hearing in July 2015. In early June, we discussed the possibility of settling this matter with our Board of Directors and, on June 3, 2015, we obtained their approval to make a settlement offer. On June 26, 2015, we entered into a settlement with AIG. Pursuant to the settlement, we paid approximately $9.0 million to AIG in exchange for full and final resolution of this matter between the parties. Further pursuant to this settlement, each party will be responsible for a portion of the legal fees, costs, and expenses at issue in the litigation, and AIG is released from any further obligation with respect to future defense costs and indemnity in connection with the USS litigation. Matter related to Zucker Derivative Suit On June 24, 2014, a complaint was filed by Lawrence Zucker in a shareholder derivative suit on behalf of himself, others who are similarly situated and derivatively on behalf of us, of which we are also a nominal defendant, against our Board of Directors (the Board of Directors) in the Court of Common Pleas of Allegheny County, Pennsylvania, under the caption Zucker v. Checkpoint Systems, Inc., et al., No. GD-14-11035. The plaintiff generally asserts claims for breach of fiduciary duty, waste of corporate assets, and unjust enrichment against our Board of Directors for allegedly exceeding its authority under our Amended and Restated 2004 Omnibus Incentive Compensation Plan (the Plan). The plaintiff seeks, in addition to other relief, (i) a declaration that certain of the awards granted under the Plan in 2013 were ultra vires; (ii) rescission of awards allegedly granted in violation of the Plan; (iii) monetary damages; (iv) equitable or injunctive relief; (v) direction by the court that we reform our corporate governance and internal procedures and (vi) an award of attorneys’ fees and other fees and costs. The outcome of this matter cannot be predicted with any certainty. We intend to defend vigorously our interests in this matter.

Business Segments

Business Segments	6 Months Ended
	Jun. 28, 2015
Segment Reporting [Abstract]
Business Segments	BUSINESS SEGMENTS We report our financial results in three segments: Merchandise Availability Solutions (MAS), Apparel Labeling Solutions (ALS), and Retail Merchandising Solutions (RMS). Our MAS segment, which is focused on loss prevention and Merchandise Visibility™ (RFID), includes EAS systems, EAS consumables, Alpha ® high-theft solutions, RFID systems and software and non-U.S. and Canada-based CheckView ® . ALS includes the results of our radio frequency identification (RFID) labels business, coupled with our data management platform and network of service bureaus that manage the printing of variable information on apparel labels and tags. Our RMS segment includes hand-held labeling applicators and tags, promotional displays, and customer queuing systems. Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands) June 28, June 29, June 28, June 29, Business segment net revenue: Merchandise Availability Solutions $ 91,327 (1) $ 111,478 (2) $ 172,853 (3) $ 204,942 (4) Apparel Labeling Solutions 46,942 47,659 84,127 89,740 Retail Merchandising Solutions 9,281 11,788 19,112 23,649 Total revenues $ 147,550 $ 170,925 $ 276,092 $ 318,331 Business segment gross profit: Merchandise Availability Solutions $ 43,122 $ 51,262 $ 84,407 $ 95,204 Apparel Labeling Solutions 14,843 17,251 26,391 31,336 Retail Merchandising Solutions 3,532 3,994 7,236 8,253 Total gross profit 61,497 72,507 118,034 134,793 Operating expenses 65,985 (5) 59,520 (6) 122,856 (7) 119,640 (8) Interest expense, net (758 ) (914 ) (1,469 ) (1,903 ) Other gain (loss), net (859 ) (442 ) (488 ) (528 ) (Loss) earnings before income taxes $ (6,105 ) $ 11,631 $ (6,779 ) $ 12,722 (1) Includes net revenue from EAS systems, Alpha ® and EAS consumables of $33.9 million , $26.1 million , and $24.3 million , respectively, representing more than 10% of total revenue. (2) Includes net revenue from EAS systems, Alpha ® and EAS consumables of $46.4 million , $30.7 million , and $28.3 million , respectively, representing more than 10% of total revenue. (3) Includes net revenue from EAS systems, Alpha ® and EAS consumables of $65.2 million , $47.2 million , and $46.4 million , respectively, representing more than 10% of total revenue. (4) Includes net revenue from EAS systems, Alpha ® and EAS consumables of $86.5 million , $55.5 million and $52.7 million , respectively, representing more than 10% of total revenue. (5) Includes a $0.3 million restructuring charge, a $9.0 million litigation settlement, and a $41 thousand acquisition charge. (6) Includes a $0.3 million restructuring charge. (7) Includes a $1.6 million restructuring charge, a $9.0 million litigation settlement, a $0.8 million management transition charge, and a $0.1 million acquisition charge. (8) Includes a $2.2 million restructuring charge.

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 28, 2015
Subsequent Events [Abstract]
Subsequent Events	SUBSEQUENT EVENTS Share Repurchase Program In July 2015, our Board of Directors approved a stock repurchase program that authorized the repurchase of up to $30 million of our common stock. The repurchase program will be funded using our available cash and is expected to be executed over the next two years. We are authorized to repurchase from time to time shares of our outstanding common stock on the open market or in privately negotiated transactions. The timing and amount of stock repurchases, and the prices at which such purchases may be made, will depend on a variety of factors, including the market conditions as well as corporate and regulatory considerations. The share repurchase program may be suspended, modified or discontinued at any time and we have no obligation to repurchase any amount of our common stock under the program.

Summary Of Significant Accoun24

Summary Of Significant Accounting Policies (Policy)	6 Months Ended
	Jun. 28, 2015
Accounting Policies [Abstract]
Principles of Consolidation	The Consolidated Financial Statements include the accounts of Checkpoint Systems, Inc. and its majority-owned subsidiaries (collectively, the “Company”). All inter-company transactions are eliminated in consolidation. The Consolidated Financial Statements and related notes are unaudited and do not contain all disclosures required by generally accepted accounting principles in annual financial statements. The Consolidated Balance Sheet as of December 28, 2014 is derived from the Company's audited Consolidated Financial Statements at December 28, 2014 . Refer to our Annual Report on Form 10-K for the fiscal year ended December 28, 2014 for the most recent disclosure of our accounting policies. The Consolidated Financial Statements include all adjustments, consisting of normal recurring adjustments, necessary to state fairly our financial position at June 28, 2015 and December 28, 2014 and our results of operations for the thirteen and twenty-six weeks ended June 28, 2015 and June 29, 2014 and changes in cash flows for the twenty-six weeks ended June 28, 2015 and June 29, 2014 . The results of operations for the interim period should not be considered indicative of results to be expected for the full year.
Reclassifications	Reclassifications Certain reclassifications have been made to prior period information to conform to the current period presentation.
Customer Rebates	Customer Rebates We record estimated reductions to revenue for customer incentive offerings, including volume-based incentives and rebates. The accrual for these incentives and rebates, which is included in the Other Accrued Expenses section of our Consolidated Balance Sheets, was $13.0 million and $12.5 million as of June 28, 2015 and December 28, 2014 , respectively. We record revenues net of an allowance for estimated return activities. Return activity was immaterial to revenue and results of operations for all periods presented.
Warranty Reserves	Warranty Reserves We provide product warranties for our various products. These warranties vary in length depending on product and geographical region. We establish our warranty reserves based on historical data of warranty transactions
Subsequent Events	Subsequent Events We perform a review of subsequent events in connection with the preparation of our financial statements. The accounting for and disclosure of events that occur after the balance sheet date, but before our financial statements are issued, are reflected where appropriate or required in our financial statements.
Recently Adopted Accounting Standards and New Accounting Pronouncements and Other Standards	Recently Adopted Accounting Standards In April 2014, the FASB issued ASU 2014-08 “Presentation of Financial Statements (Topic 205) and Property, Plant, and Equipment (Topic 360): Reporting Discontinued Operations and Disclosures of Disposals of Components of an Entity” (ASU 2014-08). Under ASU 2014-08, only disposals representing a strategic shift in operations should be presented as discontinued operations. Those strategic shifts should have a major effect on the organization’s operations and financial results. Additionally, ASU 2014-08 requires expanded disclosures about discontinued operations that will provide financial statement users with more information about the assets, liabilities, income, and expenses of discontinued operations, including disclosure of pretax profit or loss of an individually significant component of an entity that does not qualify for discontinued operations reporting. ASU 2014-08 was effective for fiscal and interim periods beginning on or after December 15, 2014, which for us was December 29, 2014, the first day of our 2015 fiscal year. The adoption of this standard has not had a material effect on our consolidated results of operations and financial condition. New Accounting Pronouncements and Other Standards In May 2014, the FASB issued ASU 2014-09 “Revenue from Contracts with Customers (Topic 606)” (ASU 2014-09), which creates a new Topic, Accounting Standards Codification Topic 606. The standard is principle-based and provides a five-step model to determine when and how revenue is recognized. The core principle of ASU 2014-09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. In July 2015, the FASB approved the deferral of the effective date by one year. The accounting standard is now effective for annual and interim periods beginning after December 15, 2017, which for us is January 1, 2018, the first day of our 2018 fiscal year. The final ASU permits organizations to adopt the new revenue standard early, but not before annual and interim periods beginning after December 15, 2016. We are currently evaluating the impact of adopting this guidance. In June 2014, the FASB issued ASU 2014-12 “Compensation—Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period” (ASU 2014-12). ASU 2014-12 requires that a performance target that affects vesting, and that could be achieved after the requisite service period, be treated as a performance condition. As such, the performance target should not be reflected in estimating the grant date fair value of the award. This update further clarifies that compensation cost should be recognized in the period in which it becomes probable that the performance target will be achieved and should represent the compensation cost attributable to the period(s) for which the requisite service has already been rendered. The amendments in ASU 2014-12 are effective for annual periods and interim periods beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. Early adoption is permitted. We have not early adopted ASU 2014-12. Entities may apply the amendments in ASU 2014-12 either: (a) prospectively to all awards granted or modified after the effective date; or (b) retrospectively to all awards with performance targets that are outstanding as of the beginning of the earliest annual period presented in the financial statements and to all new or modified awards thereafter. We plan to apply this guidance prospectively to all awards granted or modified after the effective date. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In August 2014, the FASB issued ASU 2014-15 “Presentation of Financial Statements—Going Concern (Subtopic 205-40): Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going Concern” (ASU 2014-15). Continuation of a reporting entity as a going concern is presumed as the basis for preparing financial statements unless and until the entity’s liquidation becomes imminent. Preparation of financial statements under this presumption is commonly referred to as the going concern basis of accounting. If and when an entity’s liquidation becomes imminent, financial statements should be prepared under the liquidation basis of accounting in accordance with Subtopic 205-30, “Presentation of Financial Statements-Liquidation Basis of Accounting.” Even when an entity’s liquidation is not imminent, there may be conditions or events that raise substantial doubt about the entity’s ability to continue as a going concern. In those situations, financial statements should continue to be prepared under the going concern basis of accounting, but the new criteria in ASU 2014-15 should be followed to determine whether to disclose information about the relevant conditions and events. ASU 2014-15 is effective for the annual period ending after December 15, 2016, and for annual periods and interim periods thereafter. Early application is permitted. We have not early adopted ASU 2014-15. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In January 2015, the FASB issued ASU 2015-01 “Income Statement—Extraordinary and Unusual Items (Subtopic 225-20): Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items” (ASU 2015-01). The amendments in ASU 2015-01 eliminate from GAAP the concept of extraordinary items. Although the amendments will eliminate the requirements in Subtopic 225-20 for reporting entities to consider whether an underlying event or transaction is extraordinary, the presentation and disclosure guidance for items that are unusual in nature or occur infrequently will be retained and will be expanded to include items that are both unusual in nature and infrequently occurring. ASU 2015-01 is effective for fiscal years, and interim periods within those years, beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. Early adoption is permitted provided that the guidance is applied from the beginning of the fiscal year of adoption. We have not early adopted ASU 2015-01. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In February 2015, the FASB issued ASU 2015-02 “Consolidation (Topic 810): Amendments to the Consolidation Analysis” (ASU 2015-02). ASU 2015-02 modifies existing consolidation guidance related to (i) limited partnerships and similar legal entities, (ii) the evaluation of variable interests for fees paid to decision makers or service providers, (iii) the effect of fee arrangements and related parties on the primary beneficiary determination, and (iv) certain investment funds. These changes reduce the number of consolidation models from four to two and place more emphasis on the risk of loss when determining a controlling financial interest. This guidance is effective for public companies for fiscal years beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In April 2015, the FASB issued ASU 2015-03 “Interest—Imputation of Interest (Subtopic 835-30): Simplifying the Presentation of Debt Issuance Costs” (ASU 2015-03). The amendments in ASU 2015-03 change the presentation of debt issuance costs in financial statements requiring an entity to present such costs in the balance sheet as a direct deduction from the related debt liability rather than as an asset. Amortization of the costs will continue to be reported as interest expense. ASU 2015-03 is effective for annual reporting periods beginning after December 15, 2016, which for us is December 26, 2016, the first day of our 2017 fiscal year. Early adoption is permitted. We have not early adopted ASU 2015-03. The new guidance will be applied retrospectively to each prior period presented. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In April 2015, the FASB issued ASU 2015-04 “Compensation—Retirement Benefits (Topic 715): Practical Expedient for the Measurement Date of an Employer’s Defined Benefit Obligation and Plan Assets” (ASU 2015-04). The amendments in ASU 2015-04 provide a practical expedient for employers with fiscal year-ends that do not fall on a month-end by permitting those employers to measure defined benefit plan assets and obligations as of the month-end that is closest to the entity's fiscal year-end. ASU 2015-04 is effective for public business entities for fiscal years, and interim periods within those years, beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. Early adoption is permitted. We have not early adopted ASU 2015-04. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In April 2015, the FASB issued ASU 2015-05 “Intangibles—Goodwill and Other-Internal-Use Software (Subtopic 350-40): Customer’s Accounting for Fees Paid in a Cloud Computing Arrangement” (ASU 2015-05). The amendments in ASU 2015-05 help entities evaluate the accounting for fees paid by a customer in a cloud computing arrangement by providing guidance as to whether an arrangement includes the sale or license of software. ASU 2015-05 is effective for public business entities for fiscal years, and interim periods within those years, beginning after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. Early adoption is permitted. We have not early adopted ASU 2015-05. The adoption of this standard is not expected to have a material effect on our consolidated results of operations and financial condition. In June 2015, the FASB issued ASU 2015-10 “Technical Corrections and Improvements” (ASU 2015-10). The amendments in ASU 2015-10 provide technical corrections and improvements to a wide range of Topics in the Accounting Standards Codification (the Codification). The purpose of these amendments are to correct unintended differences between original guidance and the Codification, to provide clarification through updating wording or correcting references, to streamline or simplify the Codification through minor changes, and to make other minor improvements to the guidance which are not expected to have a significant effect on current accounting practice. ASU 2015-10 is effective for fiscal and interim periods beginning on or after December 15, 2015, which for us is December 28, 2015, the first day of our 2016 fiscal year. We are in the process of evaluating the adoption of this ASU, and do not expect this to have a material effect on our consolidated results of operations and financial condition. In July 2015, the FASB issued ASU 2015-11 “Inventory (Topic 330): Simplifying the Measurement of Inventory” (ASU 2015-11). The amendments in ASU 2015-11 simplify the subsequent measurement of inventory by requiring inventory to be measured at the lower of cost and net realizable value. ASU 2015-11 is effective for fiscal and interim periods beginning on or after December 15, 2016, which for us is December 26, 2016, the first day of our 2017 fiscal year. Early application is permitted. We have not early adopted ASU 2015-11. The new guidance must be applied prospectively after the date of adoption. We are in the process of evaluating the adoption of this ASU, and do not expect this to have a material effect on our consolidated results of operations and financial condition.

Summary Of Significant Accoun25

Summary Of Significant Accounting Policies (Tables)	6 Months Ended
	Jun. 28, 2015
Accounting Policies [Abstract]
Schedule of Movement of Warranty Reserves	The following table sets forth the movement in the warranty reserve which is located in the Other Accrued Expenses section of our Consolidated Balance Sheets: (amounts in thousands) Six months ended June 28, June 29, Balance at beginning of year $ 4,379 $ 4,521 Accruals for warranties issued, net 1,068 2,232 Settlements made (1,667 ) (1,874 ) Foreign currency translation adjustment (161 ) 18 Balance at end of period $ 3,619 $ 4,897
Schedule of Accumulated Other Comprehensive Income (Loss)	The components of Accumulated Other Comprehensive Income (Loss), net of tax, for the six months ended June 28, 2015 were as follows: (amounts in thousands) Pension plan Foreign currency translation adjustment Total accumulated other comprehensive income (loss) Balance, December 28, 2014 $ (35,036 ) $ 352 $ (34,684 ) Foreign currency translation adjustment 2,881 (13,868 ) (10,987 ) Amounts reclassified from other comprehensive income 1,061 — 1,061 Net other comprehensive income (loss) 3,942 (13,868 ) (9,926 ) Balance, June 28, 2015 $ (31,094 ) $ (13,516 ) $ (44,610 )
Reclassification Out Of Accumulated Other Comprehensive Income (Loss)	The significant items reclassified from each component of other comprehensive income (loss) for the three months ended June 28, 2015 and June 29, 2014 were as follows: (amounts in thousands) June 28, 2015 June 29, 2014 Details about accumulated other comprehensive income (loss) components Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement where net loss is presented Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement where net loss is presented Amortization of pension plan items Actuarial loss (1) $ (733 ) $ (386 ) Prior service cost (1) (7 ) (3 ) (740 ) Total before tax (389 ) Total before tax 432 Tax benefit 112 Tax benefit Total reclassifications for the period $ (308 ) Net of tax $ (277 ) Net of tax (1) These accumulated other comprehensive income components are included in the computation of net periodic pension costs. Refer to Note 9 of the Consolidated Financial Statements. The significant items reclassified from each component of other comprehensive income (loss) for the six months ended June 28, 2015 and June 29, 2014 were as follows: (amounts in thousands) June 28, 2015 June 29, 2014 Details about accumulated other comprehensive income (loss) components Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement where net loss is presented Amount reclassified from accumulated other comprehensive income (loss) Affected line item in the statement where net loss is presented Amortization of pension plan items Actuarial loss (1) $ (1,483 ) $ (771 ) Prior service cost (1) (13 ) (6 ) (1,496 ) Total before tax (777 ) Total before tax 435 Tax benefit 222 Tax benefit Total reclassifications for the period $ (1,061 ) Net of tax $ (555 ) Net of tax (1) These accumulated other comprehensive income components are included in the computation of net periodic pension costs. Refer to Note 9 of the Consolidated Financial Statements.

Inventories (Tables)

Inventories (Tables)	6 Months Ended
	Jun. 28, 2015
Inventory Disclosure [Abstract]
Schedule of Inventories	Inventories consist of the following: (amounts in thousands) June 28, December 28, Raw materials $ 19,341 $ 21,085 Work-in-process 3,181 3,264 Finished goods 69,940 67,511 Total $ 92,462 $ 91,860

Goodwill And Other Intangible27

Goodwill And Other Intangible Assets (Tables)	6 Months Ended
	Jun. 28, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Components Of Intangible Assets	The following table reflects the components of intangible assets as of June 28, 2015 and December 28, 2014 : June 28, 2015 December 28, 2014 (amounts in thousands) Amortizable Life (years) Gross Amount Gross Accumulated Amortization Gross Amount Gross Accumulated Amortization Finite-lived intangible assets: Customer lists 6 to 20 $ 76,611 $ 59,330 $ 79,110 $ 58,873 Trade name 1 to 30 25,170 17,021 27,172 18,031 Patents, license agreements 3 to 14 55,657 51,036 58,060 52,448 Internal-use software 3 to 7 23,805 15,887 24,034 14,758 Other 2 to 6 7,018 6,915 7,029 6,867 Total amortized finite-lived intangible assets 188,261 150,189 195,405 150,977 Indefinite-lived intangible assets: Trade name 20,512 — 20,512 — Total identifiable intangible assets $ 208,773 $ 150,189 $ 215,917 $ 150,977
Estimated Future Amortization Expense	Estimated amortization expense for each of the five succeeding years is anticipated to be: (amounts in thousands) 2015 (1) $ 10,780 2016 $ 10,390 2017 $ 9,318 2018 $ 3,435 2019 $ 2,439 (1) The estimated amortization expense for the remainder of 2015 is anticipated to be $5.4 million .
Changes In Carrying Amount Of Goodwill	The changes in the carrying amount of goodwill are as follows: (amounts in thousands) Merchandise Availability Solutions Apparel Labeling Solutions Retail Merchandising Solutions Total Balance as of December 29, 2013 $ 159,157 $ 2,116 $ 24,591 $ 185,864 Translation adjustments (9,511 ) — (2,784 ) (12,295 ) Balance as of December 28, 2014 $ 149,646 $ 2,116 $ 21,807 $ 173,569 Translation adjustments (5,703 ) — (1,783 ) (7,486 ) Balance as of June 28, 2015 $ 143,943 $ 2,116 $ 20,024 $ 166,083
Schedule Of Components Of Goodwill	The following table reflects the components of goodwill as of June 28, 2015 and December 28, 2014 : June 28, 2015 December 28, 2014 (amounts in thousands) Gross Amount Accumulated Impairment Losses Goodwill, Net Gross Amount Accumulated Impairment Losses Goodwill, Net Merchandise Availability Solutions $ 178,377 $ 34,434 $ 143,943 $ 192,303 $ 42,657 $ 149,646 Apparel Labeling Solutions 83,720 81,604 2,116 84,407 82,291 2,116 Retail Merchandising Solutions 114,510 94,486 20,024 124,127 102,320 21,807 Total goodwill $ 376,607 $ 210,524 $ 166,083 $ 400,837 $ 227,268 $ 173,569

Debt (Tables)

Debt (Tables)	6 Months Ended
	Jun. 28, 2015
Debt Disclosure [Abstract]
Schedule Of Long-Term Debt	Debt as of June 28, 2015 and December 28, 2014 consisted of the following: (amounts in thousands) June 28, 2015 December 28, 2014 2013 Senior Secured Credit Facility: $200 million variable interest rate revolving credit facility maturing in 2018 $ 65,000 $ 65,000 Full-recourse factoring liabilities 46 83 Bank overdraft credit facility 73 65 Capital leases with maturities through 2020 213 249 Total 65,332 65,397 Less current portion 186 236 Total long-term portion $ 65,146 $ 65,161

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 28, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Option Activity Under The Principal Option Plans	Option activity under the principal option plans as of June 28, 2015 and changes during the six months ended June 28, 2015 were as follows: Number of Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (in thousands) Outstanding at December 28, 2014 2,349,447 $ 17.77 3.98 $ 2,716 Granted 266,080 13.40 Exercised (11,377 ) 9.42 Forfeited or expired (381,538 ) 18.89 Outstanding at June 28, 2015 2,222,612 $ 17.10 4.70 $ 758 Vested and expected to vest at June 28, 2015 2,120,446 $ 17.26 4.47 $ 755 Exercisable at June 28, 2015 1,717,387 $ 18.37 3.47 $ 554
Assumptions And Weighted-Average Fair Values Of Share-Based Payment Units Under Black-Scholes Option Pricing Model	The weighted-average fair values and assumptions were as follows: Six months ended June 28, June 29, Weighted-average fair value of grants $ 5.48 $ 6.42 Valuation assumptions: Expected life (in years) 5.51 5.12 Expected dividend yield 0.00 % 0.00 % Expected volatility 45.95 % 48.12 % Risk-free interest rate 1.541 % 1.464 %
Nonvested Service Based Restricted Stock Units	Nonvested restricted stock units as of June 28, 2015 and changes during the six months ended June 28, 2015 were as follows: Number of Shares Weighted- Average Vest Date (in years) Weighted- Average Grant Date Fair Value Nonvested at December 28, 2014 940,857 0.56 $ 17.11 Granted 331,000 $ 12.61 Vested (290,938 ) $ 12.93 Forfeited (33,644 ) $ 14.73 Nonvested at June 28, 2015 947,275 1.23 $ 16.91 Vested and expected to vest at June 28, 2015 850,831 1.15 Vested and deferred at June 28, 2015 424,375 —

Supplemental Cash Flow Inform30

Supplemental Cash Flow Information (Tables)	6 Months Ended
	Jun. 28, 2015
Supplemental Cash Flow Information [Abstract]
Schedule Of Cash Payments For Interest And Income Taxes	Cash payments for interest and income taxes for the six months ended June 28, 2015 and June 29, 2014 were as follows: (amounts in thousands) Six months ended June 28, June 29, Interest $ 724 $ 1,026 Income tax payments $ 3,575 $ 4,014

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 28, 2015
Earnings Per Share [Abstract]
Schedule Of Earnings Per Share	The following data shows the amounts used in computing earnings per share and the effect on net earnings and the weighted-average number of shares of dilutive potential common stock: Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands, except per share data) June 28, June 29, June 28, June 29, Net (loss) earnings available to common stockholders $ (5,407 ) $ 9,854 $ (6,152 ) $ 9,725 Shares: Weighted-average number of common shares outstanding 42,071 41,678 41,961 41,609 Shares issuable under deferred compensation agreements 885 360 845 353 Basic weighted-average number of common shares outstanding 42,956 42,038 42,806 41,962 Common shares assumed upon exercise of stock options and awards — 273 — 308 Unvested shares issuable under deferred compensation arrangements — 13 — 17 Dilutive weighted-average number of common shares outstanding 42,956 42,324 42,806 42,287 Basic (loss) earnings per share $ (0.13 ) $ 0.23 $ (0.14 ) $ 0.23 Diluted (loss) earnings per share $ (0.13 ) $ 0.23 $ (0.14 ) $ 0.23
Schedule Of Anti-Dilutive Common Share Equivalents	The number of anti-dilutive common share equivalents for the three and six months ended June 28, 2015 and June 29, 2014 were as follows: Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands) June 28, June 29, June 28, June 29, Weighted-average common share equivalents associated with anti-dilutive stock options and restricted stock units excluded from the computation of diluted EPS (1) 2,424 2,315 2,317 2,107 (1) Stock options and awards of 146 thousand and 219 thousand shares and deferred compensation arrangements of 21 thousand and 29 thousand shares were anti-dilutive in the first three and six months of 2015 and were therefore excluded from the earnings per share calculation due to our net loss for the period.

Pension Benefits (Tables)

Pension Benefits (Tables)	6 Months Ended
	Jun. 28, 2015
Compensation and Retirement Disclosure [Abstract]
Components of Net Periodic Benefit Cost	The components of net periodic benefit cost for the three and six months ended June 28, 2015 and June 29, 2014 were as follows: Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands) June 28, June 29, June 28, June 29, Service cost $ 297 $ 283 $ 601 $ 565 Interest cost 525 917 1,060 1,833 Expected return on plan assets (33 ) (1 ) (67 ) (1 ) Amortization of actuarial loss 733 386 1,483 771 Amortization of prior service costs 7 3 13 6 Net periodic pension cost $ 1,529 $ 1,588 $ 3,090 $ 3,174

Fair Value Measurement, Finan33

Fair Value Measurement, Financial Instruments And Risk Management (Tables)	6 Months Ended
	Jun. 28, 2015
Fair Value Disclosures [Abstract]
Assets And Liabilities Measured At Fair Value On A Recurring Basis	The following tables represent our assets and liabilities measured at fair value on a recurring basis as of June 28, 2015 and December 28, 2014 and the basis for that measurement: June 28, 2015 (amounts in thousands) Total Fair Value Measurement June 28, 2015 Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Foreign currency forward exchange contracts $ 19 $ — $ 19 $ — Total assets $ 19 $ — $ 19 $ — Foreign currency forward exchange contracts $ 37 $ — $ 37 $ — Total liabilities $ 37 $ — $ 37 $ — December 28, 2014 ( amounts in thousands) Total Fair Value Measurement December 28, 2014 Quoted Prices In Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) Foreign currency forward exchange contracts $ 55 $ — $ 55 $ — Total assets $ 55 $ — $ 55 $ — Foreign currency forward exchange contracts $ 23 $ — $ 23 $ — Total liabilities $ 23 $ — $ 23 $ —
Carrying And Fair Values Of Non-Current Financial Assets And Liabilities Not Measured At Fair Value On A Recurring Basis	We believe that the fair values of our current assets and current liabilities (cash, accounts receivable, accounts payable, and other current liabilities) approximate their reported carrying amounts. The carrying values and the estimated fair values of non-current financial assets and liabilities that qualify as financial instruments and are not measured at fair value on a recurring basis at June 28, 2015 and December 28, 2014 are summarized in the following table: June 28, 2015 December 28, 2014 (amounts in thousands) Carrying Amount Estimated Fair Value Carrying Amount Estimated Fair Value Long-term debt (including current maturities and excluding capital leases and factoring) (1) 2013 Senior secured credit facility $ 65,000 $ 65,000 $ 65,000 $ 65,000 (1) The carrying amounts are reported on the Consolidated Balance Sheets under the indicated captions.
Fair Values Of Derivative Instruments Included Within The Consolidated Balance Sheets	The following table presents the fair values of derivative instruments included within the Consolidated Balance Sheets as of June 28, 2015 and December 28, 2014 : June 28, 2015 December 28, 2014 Asset Derivatives Liability Derivatives Asset Derivatives Liability Derivatives (amounts in thousands) Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Balance Sheet Location Fair Value Derivatives not designated as hedging instruments Foreign currency forward exchange contracts Other current assets $ 19 Other current liabilities $ 37 Other current assets $ 55 Other current liabilities $ 23 Total derivatives not designated as hedging instruments 19 37 55 23 Total derivatives $ 19 $ 37 $ 55 $ 23
Effect Of Non-Designated Hedging Instruments On Financial Performance	The following table represents the amounts affecting the Consolidated Statements of Operations for the three and six months ended June 28, 2015 and June 29, 2014 : Quarter Six months (13 weeks) Ended (26 weeks) Ended June 28, 2015 June 29, 2014 June 28, 2015 June 29, 2014 (amounts in thousands) Amount of Gain (Loss) Recognized in Income on Derivatives Location of Gain (Loss) Recognized in Income on Derivatives Amount of Gain (Loss) Recognized in Income on Derivatives Location of Gain (Loss) Recognized in Income on Derivatives Amount of Location of Amount of Location of Derivatives not designated as hedging instruments: Foreign exchange forwards and options $ 564 Other gain (loss), net $ (36 ) Other gain (loss), net $ 275 Other gain $ (66 ) Other gain

Provision For Restructuring (Ta

Provision For Restructuring (Tables)	6 Months Ended
	Jun. 28, 2015
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Expense	Restructuring expense for the three and six months ended June 28, 2015 and June 29, 2014 was as follows: Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands) June 28, June 29, June 28, June 29, Profit Enhancement Plan Severance and other employee-related charges $ 170 $ — $ 1,516 $ — Other exit costs 116 — 163 — Global Restructuring Plan (including LEAN) Severance and other employee-related charges (13 ) 272 (102 ) 1,844 Asset impairments — — — 172 Other exit costs 11 99 11 242 SG&A Restructuring Plan Severance and other employee-related charges — (30 ) — (25 ) Total $ 284 $ 341 $ 1,588 $ 2,233
Schedule of Restructuring Accrual Activity	Restructuring accrual activity for the six months ended June 28, 2015 was as follows: (amounts in thousands) Accrual at Beginning of Year Charged to Earnings Charge Reversed to Earnings Cash Payments Exchange Rate Changes Accrual at June 28, 2015 Profit Enhancement Plan Severance and other employee-related charges $ 4,082 $ 2,206 $ (690 ) $ (2,878 ) $ (264 ) $ 2,456 Other exit costs (1) — 163 — (163 ) — — Global Restructuring Plan (including LEAN) Severance and other employee-related charges 2,050 61 (163 ) (1,232 ) (153 ) 563 Other exit costs (2) 15 11 — (11 ) — 15 SG&A Restructuring Plan Severance and other employee-related charges 108 — — (45 ) (8 ) 55 Total $ 6,255 $ 2,441 $ (853 ) $ (4,329 ) $ (425 ) $ 3,089 (1) During the first six months of 2015, there was a net charge to earnings of $0.2 million primarily due to restructuring agent costs and legal costs in connection with the restructuring plan. (2) During the first six months of 2015, there was a net charge to earnings of $11 thousand primarily due to lease costs in connection with the restructuring plan.

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Jun. 28, 2015
Segment Reporting [Abstract]
Schedule of Earnings from Business Segments	Quarter Six months (13 weeks) Ended (26 weeks) Ended (amounts in thousands) June 28, June 29, June 28, June 29, Business segment net revenue: Merchandise Availability Solutions $ 91,327 (1) $ 111,478 (2) $ 172,853 (3) $ 204,942 (4) Apparel Labeling Solutions 46,942 47,659 84,127 89,740 Retail Merchandising Solutions 9,281 11,788 19,112 23,649 Total revenues $ 147,550 $ 170,925 $ 276,092 $ 318,331 Business segment gross profit: Merchandise Availability Solutions $ 43,122 $ 51,262 $ 84,407 $ 95,204 Apparel Labeling Solutions 14,843 17,251 26,391 31,336 Retail Merchandising Solutions 3,532 3,994 7,236 8,253 Total gross profit 61,497 72,507 118,034 134,793 Operating expenses 65,985 (5) 59,520 (6) 122,856 (7) 119,640 (8) Interest expense, net (758 ) (914 ) (1,469 ) (1,903 ) Other gain (loss), net (859 ) (442 ) (488 ) (528 ) (Loss) earnings before income taxes $ (6,105 ) $ 11,631 $ (6,779 ) $ 12,722 (1) Includes net revenue from EAS systems, Alpha ® and EAS consumables of $33.9 million , $26.1 million , and $24.3 million , respectively, representing more than 10% of total revenue. (2) Includes net revenue from EAS systems, Alpha ® and EAS consumables of $46.4 million , $30.7 million , and $28.3 million , respectively, representing more than 10% of total revenue. (3) Includes net revenue from EAS systems, Alpha ® and EAS consumables of $65.2 million , $47.2 million , and $46.4 million , respectively, representing more than 10% of total revenue. (4) Includes net revenue from EAS systems, Alpha ® and EAS consumables of $86.5 million , $55.5 million and $52.7 million , respectively, representing more than 10% of total revenue. (5) Includes a $0.3 million restructuring charge, a $9.0 million litigation settlement, and a $41 thousand acquisition charge. (6) Includes a $0.3 million restructuring charge. (7) Includes a $1.6 million restructuring charge, a $9.0 million litigation settlement, a $0.8 million management transition charge, and a $0.1 million acquisition charge. (8) Includes a $2.2 million restructuring charge.

Summary Of Significant Accoun36

Summary Of Significant Accounting Policies (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Apr. 10, 2015	Mar. 05, 2015	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Accrued customer incentives and rebates			$ 13,000		$ 13,000		$ 12,500
Cash dividend declared (USD per share)		$ 0.5	$ 0	$ 0	$ 0.50	$ 0
Dividend paid	$ 21,000				$ 20,980	$ 0
Stock Compensation Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend payable	$ 400

Summary Of Significant Accoun37

Summary Of Significant Accounting Policies (Schedule Of Movement Of Warranty Reserves) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Movement in Standard and Extended Product Warranty, Increase (Decrease) [Roll Forward]
Balance at beginning of year	$ 4,379	$ 4,521
Accruals for warranties issued, net	1,068	2,232
Settlements made	(1,667)	(1,874)
Foreign currency translation adjustment	(161)	18
Balance at end of period	$ 3,619	$ 4,897

Summary Of Significant Accoun38

Summary Of Significant Accounting Policies (Components of Other Comprehensive Income (Loss)) (Details) $ in Thousands	6 Months Ended
	Jun. 28, 2015USD ($)
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, December 28, 2014	$ (34,684)
Foreign currency translation adjustment	(10,987)
Amounts reclassified from other comprehensive income	1,061
Net other comprehensive income (loss)	(9,926)
Balance, June 28, 2015	(44,610)
Pension plan
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, December 28, 2014	(35,036)
Foreign currency translation adjustment	2,881
Amounts reclassified from other comprehensive income	1,061
Net other comprehensive income (loss)	3,942
Balance, June 28, 2015	(31,094)
Foreign currency translation adjustment
Accumulated Other Comprehensive Income (Loss) [Roll Forward]
Balance, December 28, 2014	352
Foreign currency translation adjustment	(13,868)
Amounts reclassified from other comprehensive income	0
Net other comprehensive income (loss)	(13,868)
Balance, June 28, 2015	$ (13,516)

Summary Of Significant Accoun39

Summary Of Significant Accounting Policies (Amounts Reclassified from Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
(Loss) earnings before income taxes	$ (6,105)	$ 11,631	$ (6,779)	$ 12,722
Tax benefit	698	(1,777)	627	(2,997)
Net (loss) earnings	(5,407)	9,854	(6,152)	9,725	$ 10,953
Reclassification Out Of Accumulated Other Comprehensive Income (Loss) | Amortization of pension plan items
Accumulated Other Comprehensive Income (Loss) [Line Items]
Actuarial loss	(733)	(386)	(1,483)	(771)
Prior service cost	(7)	(3)	(13)	(6)
(Loss) earnings before income taxes	(740)	(389)	(1,496)	(777)
Tax benefit	432	112	435	222
Net (loss) earnings	$ (308)	$ (277)	$ (1,061)	$ (555)

Inventories (Details)

Inventories (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
Inventory Disclosure [Abstract]
Raw materials	$ 19,341	$ 21,085
Work-in-process	3,181	3,264
Finished goods	69,940	67,511
Total	$ 92,462	$ 91,860

Goodwill And Other Intangible41

Goodwill And Other Intangible Assets (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014	May. 31, 2011
Business Acquisition [Line Items]
Intangible assets, net	$ 58,584		$ 58,584		$ 64,940
Amortization expense	2,700	$ 2,700	5,400	$ 5,600
Cash payment to escrow						$ 17,500
Acquisition costs	$ 41	$ 0	$ 120	$ 0
Two Thousand Ten Performance
Business Acquisition [Line Items]
Additional purchase price contingent on performance of acquired businesses						$ 6,300

Goodwill And Other Intangible42

Goodwill And Other Intangible Assets (Components Of Intangible Assets) (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 28, 2015	Dec. 28, 2014
Finite-Lived Intangible Assets [Line Items]
Total amortized finite-lived intangible assets, Gross Amount	$ 188,261	$ 195,405
Total identifiable intangible assets, Gross Amount	208,773	215,917
Total amortized finite-lived intangible assets, Gross Accumulated Amortization	150,189	150,977
Total identifiable intangible assets accumulated amortization	150,189	150,977
Customer Lists
Finite-Lived Intangible Assets [Line Items]
Finite-lived customer lists, Gross Amount	76,611	79,110
Total amortized finite-lived intangible assets, Gross Accumulated Amortization	59,330	58,873
Trade Name
Finite-Lived Intangible Assets [Line Items]
Finite-lived trade name, Gross Amount	25,170	27,172
Indefinite-lived trade names, Gross Amount	20,512	20,512
Total amortized finite-lived intangible assets, Gross Accumulated Amortization	17,021	18,031
Patents, License Agreements
Finite-Lived Intangible Assets [Line Items]
Finite-lived patents, license agreements, Gross Amount	55,657	58,060
Total amortized finite-lived intangible assets, Gross Accumulated Amortization	51,036	52,448
Software and Software Development Costs
Finite-Lived Intangible Assets [Line Items]
Finite-Lived Internal-use Software, Gross Amount	23,805	24,034
Total amortized finite-lived intangible assets, Gross Accumulated Amortization	15,887	14,758
Other Intangibles
Finite-Lived Intangible Assets [Line Items]
Finite-lived other intangible assets, Gross Amount	7,018	7,029
Total amortized finite-lived intangible assets, Gross Accumulated Amortization	$ 6,915	$ 6,867
Minimum | Customer Lists
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	6 years
Minimum | Trade Name
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	1 year
Minimum | Patents, License Agreements
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	3 years
Minimum | Software and Software Development Costs
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	3 years
Minimum | Other Intangibles
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	2 years
Maximum | Customer Lists
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	20 years
Maximum | Trade Name
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	30 years
Maximum | Patents, License Agreements
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	14 years
Maximum | Software and Software Development Costs
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	7 years
Maximum | Other Intangibles
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	6 years

Goodwill And Other Intangible43

Goodwill And Other Intangible Assets (Estimated Future Amortization Expense) (Details) $ in Thousands	Jun. 28, 2015USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2,015	$ 10,780
2,016	10,390
2,017	9,318
2,018	3,435
2,019	2,439
Estimated amortization expense for the remainder of 2015	$ 5,400

Goodwill And Other Intangible44

Goodwill And Other Intangible Assets (Changes In Carrying Amount Of Goodwill) (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 28, 2015	Dec. 28, 2014
Goodwill [Roll Forward]
Beginning Balance	$ 173,569	$ 185,864
Translation adjustments	(7,486)	(12,295)
Ending Balance	166,083	173,569
Merchandise Availability Solutions
Goodwill [Roll Forward]
Beginning Balance	149,646	159,157
Translation adjustments	(5,703)	(9,511)
Ending Balance	143,943	149,646
Apparel Labeling Solutions
Goodwill [Roll Forward]
Beginning Balance	2,116	2,116
Translation adjustments	0	0
Ending Balance	2,116	2,116
Retail Merchandising Solutions
Goodwill [Roll Forward]
Beginning Balance	21,807	24,591
Translation adjustments	(1,783)	(2,784)
Ending Balance	$ 20,024	$ 21,807

Goodwill And Other Intangible45

Goodwill And Other Intangible Assets (Schedule Of Components Of Goodwill) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014	Dec. 29, 2013
Goodwill [Line Items]
Gross Amount	$ 376,607	$ 400,837
Accumulated Impairment Losses	210,524	227,268
Goodwill, Net	166,083	173,569	$ 185,864
Merchandise Availability Solutions
Goodwill [Line Items]
Gross Amount	178,377	192,303
Accumulated Impairment Losses	34,434	42,657
Goodwill, Net	143,943	149,646	159,157
Apparel Labeling Solutions
Goodwill [Line Items]
Gross Amount	83,720	84,407
Accumulated Impairment Losses	81,604	82,291
Goodwill, Net	2,116	2,116	2,116
Retail Merchandising Solutions
Goodwill [Line Items]
Gross Amount	114,510	124,127
Accumulated Impairment Losses	94,486	102,320
Goodwill, Net	$ 20,024	$ 21,807	$ 24,591

Debt (Schedule Of Long-Term Deb

Debt (Schedule Of Long-Term Debt) (Details) - USD ($)	Jun. 28, 2015	Dec. 28, 2014
Debt Instrument [Line Items]
Full-recourse factoring liabilities	$ 46,000	$ 83,000
Bank overdraft credit facility	73,000	65,000
Capital leases with maturities through 2020	213,000	249,000
Total	65,332,000	65,397,000
Less current portion	186,000	236,000
Total long-term portion	65,146,000	65,161,000
Face value	200,000,000	200,000,000
2013 $200 Million Variable Interest Rate Revolving Facility Maturing in 2018 | Senior Secured Credit Facility
Debt Instrument [Line Items]
$200 million variable interest rate revolving credit facility maturing in 2018	$ 65,000,000	$ 65,000,000

Debt (Senior Secured Credit Fac

Debt (Senior Secured Credit Facility) (Details) - 2013 $200 Million Variable Interest Rate Revolving Facility Maturing in 2018 - USD ($)	Dec. 11, 2013	Jun. 28, 2015
Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing capacity	$ 200,000,000
Debt instrument, property pledged as collateral, amount	$ 5,000,000
Leverage ratio	3
Fixed charge coverage ratio	3
Revolving Credit Facility | Minimum | Senior Secured Credit Facility
Debt Instrument [Line Items]
Line of credit facility, unused capacity, commitment fee percentage	0.20%
Revolving Credit Facility | Maximum | Senior Secured Credit Facility
Debt Instrument [Line Items]
Line of credit facility, unused capacity, commitment fee percentage	0.40%
Revolving Credit Facility | Base Rate | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.25%
Revolving Credit Facility | Base Rate | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.25%
Revolving Credit Facility | London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, basis spread on base rate	1.00%
Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.25%
Revolving Credit Facility | London Interbank Offered Rate (LIBOR) | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	2.25%
Revolving Credit Facility | Federal Funds Rate
Debt Instrument [Line Items]
Debt instrument, basis spread on base rate	0.50%
Revolving Credit Facility | Common Stock | Domestic Subsidiary
Debt Instrument [Line Items]
Debt instrument, collateral amount, percent	100.00%
Revolving Credit Facility | Common Stock | Foreign Subsidiary
Debt Instrument [Line Items]
Debt instrument, collateral amount, percent	65.00%
Bridge Loan | Base Rate | Minimum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	0.25%
Bridge Loan | Base Rate | Maximum
Debt Instrument [Line Items]
Debt instrument, basis spread on variable rate	1.25%
Letter of Credit
Debt Instrument [Line Items]
Amount outstanding under credit facility		$ 1,400,000

Debt (Financing Liability) (Det

Debt (Financing Liability) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Debt Instrument [Line Items]
Financing liability	$ 31,349		$ 31,349		$ 33,094
Other operating income	132	$ 0	493	$ 0
Financing Agreement June 2011 | SPAIN
Debt Instrument [Line Items]
Financing liability	$ 31,300		$ 31,300		$ 33,100
Financing arrangement, imputed interest on financing liability	6.365%		6.365%
Financing arrangement, interest expense recognized	$ 500	$ 600	$ 1,000	$ 1,100

Stock-Based Compensation (Narra

Stock-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	Feb. 27, 2014	May. 28, 2013	May. 02, 2013	Feb. 27, 2013	Apr. 30, 2015	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense						$ 1,500	$ 1,400	$ 3,000	$ 2,900
Share-based compensation expense net of tax						1,500	1,400	2,900	2,800
Tax benefit from option exercise								100	100
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total intrinsic value of options exercised								40	100
Unrecognized compensation cost						1,400		$ 1,400
Weighted-average period over which unrecognized compensation cost will be recognized (years)								2 years 2 months 1 day
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost						4,700		$ 4,700
Weighted-average period over which unrecognized compensation cost will be recognized (years)								1 year 10 months 24 days
Total fair value of restricted stock awards								$ 3,800	2,900
Weighted-average grant date fair value (USD per share)								$ 12.61
Time-Vested Cash Unit Awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Deferred compensation arrangement liability, current and noncurrent						400	400	$ 400	400
Deferred compensation arrangement with individual, share-based compensation expense						300	$ 300	$ 500	600
Monte Carlo Simulation Cash-Based Award May 2, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash-based compensation arrangement by cash-based payment award, fair value assumptions, expected volatility rate								32.82%
Cash-based compensation arrangement by cash-based payment award, fair value assumptions, risk free interest rate								0.08%
Cash-based compensation arrangement by cash-based payment award, fair value assumptions, expected dividend rate								0.00%
Long Term Incentive Plan, 2014 Plan | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense								$ 100	100
Unrecognized compensation cost						$ 500		$ 500
Weighted-average grant date fair value (USD per share)	$ 14.90
Share based compensation arrangement by share based payment award equity instruments other than options maximum units outstanding achievable						137,820		137,820
LTIP 2013 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense								$ 8	47
Unrecognized compensation cost						$ 31		$ 31
Weighted-average grant date fair value (USD per share)		$ 11.56		$ 11.91
Share based compensation arrangement by share based payment award equity instruments other than options maximum units outstanding achievable						22,500		22,500
2015 Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized for issuance					3,877,777
Additional shares authorized for issuance					1,252,766
2015 ESPP
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Additional shares authorized for issuance					600,000
May 2, 2013 Cash-Based Award
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Cash-based compensation arrangement by cash-based payment award, established target cash amount			$ 400
Cash-based compensation arrangement by cash-based payment award, fair value								$ 0.05
Allocated cash-based compensation expense								$ (103)	$ 29

Stock-Based Compensation (Stock

Stock-Based Compensation (Stock Option Activity Under The Principal Option Plans) (Details) - Stock Options And Awards - USD ($) $ / shares in Units, $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 28, 2015	Dec. 28, 2014
Number of Options Outstanding (in shares)
Number of shares, outstanding at beginning of period (shares)	2,349,447
Number of shares, granted (shares)	266,080
Number of shares, exercised (shares)	(11,377)
Number of shares, forfeited or expired (shares)	(381,538)
Number of shares, outstanding at end of period (shares)	2,222,612	2,349,447
Number of shares, vested and expected to vest (shares)	2,120,446
Number of shares, exercisable (shares)	1,717,387
Weighted average exercise price
Weighted-average exercise price, outstanding at beginning of period (USD per share)	$ 17.77
Weighted-average exercise price, granted (USD per share)	13.40
Weighted-average exercise price, exercised (USD per share)	9.42
Weighted-average exercise price, forfeited or expired (USD per share)	18.89
Weighted-average exercise price, outstanding at end of period (USD per share)	17.10	$ 17.77
Weighted-average exercise price, vested and expected to vest (USD per share)	17.26
Weighted-average exercise price, exercisable (USD per share)	$ 18.37
Additional Disclosures [Abstract]
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	4 years 8 months 13 days	3 years 11 months 23 days
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	4 years 8 months 13 days	3 years 11 months 23 days
Weighted-average remaining contractual term, vested and expected to vest in years	4 years 5 months 20 days
Weighted-average remaining contractual term, exercisable	3 years 5 months 20 days
Aggregate intrinsic value, outstanding at beginning of period	$ 2,716
Aggregate intrinsic value, outstanding at end of period	758	$ 2,716
Aggregate intrinsic value, vested and expected to vest	755
Aggregate intrinsic value, exercisable	$ 554

Stock-Based Compensation (Assum

Stock-Based Compensation (Assumption And Weighted-Average Fair Values Used In The Black Scholes Model) (Details) - $ / shares	6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Weighted-average fair value of grants (USD per share)	$ 5.48	$ 6.42
Expected life (in years)	5 years 6 months 5 days	5 years 1 month 15 days
Expected dividend yield	0.00%	0.00%
Expected volatility	45.95%	48.12%
Risk-free interest rate	1.541%	1.464%

Stock-Based Compensation (Nonve

Stock-Based Compensation (Nonvested Service Based Restricted Stock Units) (Details) - Restricted Stock Units (RSUs) - $ / shares	6 Months Ended	12 Months Ended
	Jun. 28, 2015	Dec. 28, 2014
Number of Shares Outstanding (in shares)
Number of shares, nonvested at beginning of period (shares)	940,857
Number of shares, granted (shares)	331,000
Number of shares, vested (shares)	(290,938)
Number of shares, forfeited (shares)	(33,644)
Number of shares, nonvested at end of period (shares)	947,275	940,857
Number of shares, vested and expected to vest (shares)	850,831
Number of shares, vested at end of period (shares)	424,375
Weighted-average vest date
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageVestDate	1 year 2 months 24 days	6 months 23 days
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageVestDate	1 year 2 months 24 days	6 months 23 days
Weighted-Average vest date, vested and expected to vest in years	1 year 1 month 25 days
Weighted-average grant date fair value (in US$ per share)
Weighted-average grant date fair value, nonvested at beginning of period (USD per share)	$ 17.11
Weighted-average grant date fair value, granted (USD per share)	12.61
Weighted-average grant date fair value, vested (USD per share)	12.93
Weighted-average grant date fair value, forfeited (USD per share)	14.73
Weighted-average grant date fair value, nonvested at end of period (USD per share)	$ 16.91	$ 17.11

Supplemental Cash Flow Inform53

Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	Apr. 10, 2015	Jun. 28, 2015	Jun. 29, 2014
Supplemental Cash Flow Information [Abstract]
Interest		$ 724	$ 1,026
Income tax payments		3,575	4,014
Capital expenditures accrued		900	600
Dividend paid	$ 21,000	$ 20,980	$ 0
Dividend payable, non-cash liability	$ 400

Earnings Per Share (Schedule Of

Earnings Per Share (Schedule Of Earnings Per Share) (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Earnings Per Share [Abstract]
Net (loss) earnings available to common stockholders	$ (5,407)	$ 9,854	$ (6,152)	$ 9,725
Weighted-average number of common shares outstanding (shares)	42,071	41,678	41,961	41,609
Shares issuable under deferred compensation agreements (shares)	885	360	845	353
Basic weighted-average number of common shares outstanding (shares)	42,956	42,038	42,806	41,962
Common shares assumed upon exercise of stock options and awards (shares)	0	273	0	308
Unvested shares issuable under deferred compensation arrangements (shares)	0	13	0	17
Dilutive weighted-average number of common shares outstanding (shares)	42,956	42,324	42,806	42,287
Basic loss per share (USD per share)	$ (0.13)	$ 0.23	$ (0.14)	$ 0.23
Diluted loss per share (USD per share)	$ (0.13)	$ 0.23	$ (0.14)	$ 0.23

Earnings Per Share (Schedule 55

Earnings Per Share (Schedule Of Anti-Dilutive Common Share Equivalents) (Details) - shares shares in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted average common share equivalents associated with anti-dilutive stock options and restricted stock units excluded from the computation of diluted EPS	2,424	2,315	2,317	2,107
Stock Options
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted average common share equivalents associated with anti-dilutive stock options and restricted stock units excluded from the computation of diluted EPS	146		219
Deferred Compensation Arrangement
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Weighted average common share equivalents associated with anti-dilutive stock options and restricted stock units excluded from the computation of diluted EPS	21		29

Income Taxes (Details)

Income Taxes (Details) - USD ($)	6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Income Taxes [Line Items]
Effective tax rate	9.20%	23.60%
Net deferred tax assets	$ 10,400,000		$ 12,800,000
Current income tax receivable	6,900,000		2,400,000
Estimated tax payments	3,900,000
Current income tax expense	600,000
Current deferred tax liability	2,700,000
Unrecognized tax benefit, if recognized, would affect the effective tax rate	8,900,000		16,400,000
Interest and penalties benefit	0	$ 100,000
Accrued interest and penalties related to unrecognized tax benefits	2,800,000		4,300,000
Expected decrease of gross unrecognized tax benefits, minimum	4,600,000
Other Liabilities
Income Taxes [Line Items]
Accrued interest and penalties related to unrecognized tax benefits	$ 16,100,000		16,100,000
Domestic Tax Authority
Income Taxes [Line Items]
Valuation allowance			108,300,000
Deferred tax assets			$ 96,100,000

Pension Benefits (Details)

Pension Benefits (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Compensation and Retirement Disclosure [Abstract]
Service cost	$ 297	$ 283	$ 601	$ 565
Interest cost	525	917	1,060	1,833
Expected return on plan assets	(33)	(1)	(67)	(1)
Amortization of actuarial loss	733	386	1,483	771
Amortization of prior service costs	7	3	13	6
Net periodic pension cost	$ 1,529	$ 1,588	3,090	$ 3,174
Estimated employer contributions			4,300
Pension contributions			$ 2,200

Fair Value Measurement, Finan58

Fair Value Measurement, Financial Instruments And Risk Management (Assets And Liabilities Measured At Fair Value On A Recurring Basis) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	$ 19	$ 55
Total liabilities	37	23
Foreign currency forward exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	19	55
Total liabilities	37	23
Quoted Prices In Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Total liabilities	0	0
Quoted Prices In Active Markets for Identical Assets (Level 1) | Foreign currency forward exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Total liabilities	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	19	55
Total liabilities	37	23
Significant Other Observable Inputs (Level 2) | Foreign currency forward exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	19	55
Total liabilities	37	23
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Total liabilities	0	0
Significant Unobservable Inputs (Level 3) | Foreign currency forward exchange contracts
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets	0	0
Total liabilities	$ 0	$ 0

Fair Value Measurement, Finan59

Fair Value Measurement, Financial Instruments And Risk Management (Carrying And Fair Values Of Non-Current Financial Assets And Liabilities Not Measured At Fair Value On A Recurring Basis) (Details) - Estimated Fair Value - Senior Secured Credit Facility - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Carrying Amount	$ 65,000	$ 65,000
Estimated Fair Value	$ 65,000	$ 65,000

Fair Value Measurement, Finan60

Fair Value Measurement, Financial Instruments And Risk Management (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014	Dec. 28, 2014
Fair Value Disclosures [Line Items]
Restructuring related asset impairment			$ 0	$ 172
Carrying amount of assets	$ 77,336		77,336		$ 76,332
Asset Derivatives	19		19		55
Liability Derivatives	37		37		23
Foreign currency forward exchange contracts
Fair Value Disclosures [Line Items]
Notional amount of derivatives not designated as hedging instruments	5,400		5,400
Asset Derivatives	19		19		55
Liability Derivatives	37		37		$ 23
Global Restructuring Plan (including LEAN)
Fair Value Disclosures [Line Items]
Restructuring related asset impairment	$ 0	$ 0	$ 0	172
Fair Value, Measurements, Nonrecurring | Global Restructuring Plan (including LEAN)
Fair Value Disclosures [Line Items]
Fair value of assets		21		21
Fair Value, Measurements, Nonrecurring | Impairment of certain long-lived assets
Fair Value Disclosures [Line Items]
Carrying amount of assets		$ 200		$ 200

Fair Value Measurement, Finan61

Fair Value Measurement, Financial Instruments And Risk Management (Fair Values Of Derivative Instruments Included Within The Consolidated Balance Sheets) (Details) - USD ($) $ in Thousands	Jun. 28, 2015	Dec. 28, 2014
Derivatives, Fair Value [Line Items]
Asset Derivatives	$ 19	$ 55
Liability Derivatives	37	23
Foreign currency forward exchange contracts
Derivatives, Fair Value [Line Items]
Asset Derivatives	19	55
Liability Derivatives	37	23
Derivatives not designated as hedging instruments:
Derivatives, Fair Value [Line Items]
Asset Derivatives	19	55
Liability Derivatives	37	23
Derivatives not designated as hedging instruments: | Foreign currency forward exchange contracts | Other current assets
Derivatives, Fair Value [Line Items]
Asset Derivatives	19	55
Derivatives not designated as hedging instruments: | Foreign currency forward exchange contracts | Other current liabilities
Derivatives, Fair Value [Line Items]
Liability Derivatives	$ 37	$ 23

Fair Value Measurement, Finan62

Fair Value Measurement, Financial Instruments And Risk Management (Amounts Affecting Consolidated Statement Of Operations) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Derivatives not designated as hedging instruments: | Other gain (loss), net | Foreign exchange forwards and options
Fair Value Disclosures [Line Items]
Amount of Gain (Loss) Recognized in Income on Derivatives	$ 564	$ (36)	$ 275	$ (66)

Provision For Restructuring (Na

Provision For Restructuring (Narrative) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring expense	$ 284	$ 341	$ 1,588	$ 2,233
Profit Enhancement Plan
Restructuring Cost and Reserve [Line Items]
Restructuring expense			1,700
Restructuring related cost incurred to date	7,000		$ 7,000
Profit Enhancement Plan | Minimum
Restructuring Cost and Reserve [Line Items]
Termination benefits, expected payment period			1 month
Profit Enhancement Plan | Maximum
Restructuring Cost and Reserve [Line Items]
Termination benefits, expected payment period			24 months
Profit Enhancement Plan | Other exit costs
Restructuring Cost and Reserve [Line Items]
Restructuring expense			$ 200
Global Restructuring Plan (including LEAN)
Restructuring Cost and Reserve [Line Items]
Restructuring expense			(100)
Restructuring related cost incurred to date	$ 60,000		$ 60,000
Global Restructuring Plan (including LEAN) | Minimum
Restructuring Cost and Reserve [Line Items]
Termination benefits, expected payment period			1 month
Global Restructuring Plan (including LEAN) | Maximum
Restructuring Cost and Reserve [Line Items]
Termination benefits, expected payment period			24 months
Global Restructuring Plan (including LEAN) | Other exit costs
Restructuring Cost and Reserve [Line Items]
Restructuring expense			$ 11

Provision For Restructuring (Sc

Provision For Restructuring (Schedule Of Restructuring Expense) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Restructuring Cost and Reserve [Line Items]
Asset impairments			$ 0	$ 172
Total	$ 284	$ 341	1,588	2,233
Profit Enhancement Plan
Restructuring Cost and Reserve [Line Items]
Severance and other employee-related charges	170	0	1,516	0
Other exit costs	116	0	163	0
Total			1,700
Global Restructuring Plan (including LEAN)
Restructuring Cost and Reserve [Line Items]
Severance and other employee-related charges	(13)	272	(102)	1,844
Asset impairments	0	0	0	172
Other exit costs	11	99		242
Total			(100)
SG&A Restructuring Plan
Restructuring Cost and Reserve [Line Items]
Severance and other employee-related charges	$ 0	$ (30)	0	$ (25)
Other exit costs | Profit Enhancement Plan
Restructuring Cost and Reserve [Line Items]
Total			200
Other exit costs | Global Restructuring Plan (including LEAN)
Restructuring Cost and Reserve [Line Items]
Total			$ 11

Provision For Restructuring (65

Provision For Restructuring (Schedule Of Restructuring Accrual Activity) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 28, 2015	Jun. 29, 2014	Jun. 28, 2015	Jun. 29, 2014
Restructuring Reserve [Roll Forward]
Accrual at Beginning of Year			$ 6,255
Charged to Earnings			2,441
Charge Reversed to Earnings			(853)
Cash Payments			(4,329)
Exchange Rate Changes			(425)
Accrual at June 28, 2015	$ 3,089		3,089
Restructuring expense	284	$ 341	1,588	$ 2,233
Profit Enhancement Plan
Restructuring Reserve [Roll Forward]
Restructuring expense			1,700
Profit Enhancement Plan | Severance and other employee-related charges
Restructuring Reserve [Roll Forward]
Accrual at Beginning of Year			4,082
Charged to Earnings			2,206
Charge Reversed to Earnings			(690)
Cash Payments			(2,878)
Exchange Rate Changes			(264)
Accrual at June 28, 2015	2,456		2,456
Profit Enhancement Plan | Other exit costs
Restructuring Reserve [Roll Forward]
Accrual at Beginning of Year			0
Charged to Earnings			163
Charge Reversed to Earnings			0
Cash Payments			(163)
Exchange Rate Changes			0
Accrual at June 28, 2015	0		0
Restructuring expense			200
Global Restructuring Plan (including LEAN)
Restructuring Reserve [Roll Forward]
Restructuring expense			(100)
Global Restructuring Plan (including LEAN) | Severance and other employee-related charges
Restructuring Reserve [Roll Forward]
Accrual at Beginning of Year			2,050
Charged to Earnings			61
Charge Reversed to Earnings			(163)
Cash Payments			(1,232)
Exchange Rate Changes			(153)
Accrual at June 28, 2015	563		563
Global Restructuring Plan (including LEAN) | Other exit costs
Restructuring Reserve [Roll Forward]
Accrual at Beginning of Year			15
Charged to Earnings			11
Charge Reversed to Earnings			0
Cash Payments			(11)
Exchange Rate Changes			0
Accrual at June 28, 2015	15		15
Restructuring expense			11
SG&A Restructuring Plan | Severance and other employee-related charges
Restructuring Reserve [Roll Forward]
Accrual at Beginning of Year			108
Charged to Earnings			0
Charge Reversed to Earnings			0
Cash Payments			(45)
Exchange Rate Changes			(8)
Accrual at June 28, 2015	$ 55		$ 55

Contingencies (Narrative) (Deta

Contingencies (Narrative) (Details) - USD ($) $ in Thousands	Jun. 26, 2015	Jun. 28, 2015	Jun. 29, 2014	Mar. 31, 2013	Dec. 25, 2011	Jun. 28, 2015	Jun. 29, 2014	Nov. 02, 2011	Dec. 28, 2008
Loss Contingencies [Line Items]
Loss contingency accrual									$ 5,700
Estimated litigation liability								$ 6,600
Loss contingency accrual, provision					$ 900
Litigation settlement		$ (8,980)	$ 0	$ 6,600		$ (8,980)	$ 0
Loss contingency, damages sought						$ 65,000
Settled Litigation | AIG Superior Court of New Jersey
Loss Contingencies [Line Items]
Litigation settlement	$ 9,000

Business Segments (Details)

Business Segments (Details) $ in Thousands	3 Months Ended			6 Months Ended
	Jun. 28, 2015USD ($)	Jun. 29, 2014USD ($)	Mar. 31, 2013USD ($)	Jun. 28, 2015USD ($)segment	Jun. 29, 2014USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | segment				3
Net revenues	$ 147,550	$ 170,925		$ 276,092	$ 318,331
Gross profit	61,497	72,507		118,034	134,793
Operating expenses	65,985	59,520		122,856	119,640
Interest expense, net	(758)	(914)		(1,469)	(1,903)
Other gain (loss), net	(859)	(442)		(488)	(528)
(Loss) earnings before income taxes	$ (6,105)	$ 11,631		$ (6,779)	$ 12,722
Concentration risk, percentage	10.00%	10.00%		10.00%	10.00%
Restructuring expense	$ 284	$ 341		$ 1,588	$ 2,233
Litigation settlement	8,980	0	$ (6,600)	8,980	0
Acquisition costs	41	0		120	0
Chief Financial Officer
Segment Reporting Information [Line Items]
Operating expenses				800
Merchandise Availability Solutions | Electronic Article Surveillance (EAS) Systems
Segment Reporting Information [Line Items]
Net revenues	33,900	46,400		65,200	86,500
Merchandise Availability Solutions | Alpha Business
Segment Reporting Information [Line Items]
Net revenues	26,100	30,700		47,200	55,500
Merchandise Availability Solutions | Electronic Article Surveillance (EAS) Consumables
Segment Reporting Information [Line Items]
Net revenues	24,300	28,300		46,400	52,700
Operating Segments | Merchandise Availability Solutions
Segment Reporting Information [Line Items]
Net revenues	91,327	111,478		172,853	204,942
Gross profit	43,122	51,262		84,407	95,204
Operating Segments | Apparel Labeling Solutions
Segment Reporting Information [Line Items]
Net revenues	46,942	47,659		84,127	89,740
Gross profit	14,843	17,251		26,391	31,336
Operating Segments | Retail Merchandising Solutions
Segment Reporting Information [Line Items]
Net revenues	9,281	11,788		19,112	23,649
Gross profit	$ 3,532	$ 3,994		$ 7,236	$ 8,253

Subsequent Events (Details)

Subsequent Events (Details) - Jul. 31, 2015 - Subsequent Event - USD ($)	Total
Subsequent Event [Line Items]
Stock repurchase program, authorized amount	$ 30,000,000
Stock repurchase program, period in which shares may be repurchased	2 years