| UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C.  20549                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
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|  FORM 10-Q                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
|  For the quarterly period ended October 31, 2010 OR  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission File Number 001-05865                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Gerber Scientific, Inc.(Exact name of registrant as specified in its charter)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| Connecticut                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        | 06-0640743 |
| (State or other jurisdiction of incorporation or organization)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     | (I.R.S. Employer Identification No.) |
| 83 Gerber Road West, South Windsor, Connecticut(Address of principal executive offices)                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            | 06074(Zip Code) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
| Registrant's telephone number, including area code:  (860) 644-1551                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |
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| Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.  Yes þ    No                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
|  Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files).  Yes    No                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
| Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company.  See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act.Large accelerated filer                                                                                Accelerated filer þ                               Non-accelerated filer  (Do not check if a smaller reporting company)       Smaller reporting company     |
| Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).Yes     No þ                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 25,138,523 shares of common stock of the registrant were outstanding as of November 30, 2010, exclusive of treasury shares.                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |
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|          | GERBER SCIENTIFIC, INC.Index to Quarterly Reporton Form 10-QFiscal Quarter Ended October 31, 2010 |   |   |   |
|---------------|---------------------------------------------------------------------------------------------------|--------|--------|--------|
| PART I        |                                                                                              | PAGE   |   |
|          |                                                                                              |   |   |   |
| Item 1.       | Financial Statements                                                                              |   |   |   |
|          | Condensed Consolidated Statements of Operations                                                   |   |   | 3-4    |   |
|          | Condensed Consolidated Balance Sheets                                                             |   |   | 5      |   |
|          | Condensed Consolidated Statements of Cash Flows                                                   |   |   | 6      |   |
|          | Notes to Condensed Consolidated Financial Statements                                              |   |   | 7-18   |   |
| Item 2        | Management's Discussion and Analysis of Financial Condition and Results of Operations             |   |   | 19-32  |   |
| Item 3.       | Quantitative and Qualitative Disclosures about Market Risk                                        |   |   | 32     |   |
| Item 4.       | Controls and Procedures                                                                           |   |   | 32     |   |
|          |                                                                                              |   |   |   |   |
| PART II       |                                                                                              |   |   |   |
|          |                                                                                              |   |   |   |   |
| Item 1A.      | Risk Factors                                                                                      |   |   | 33     |   |
| Item 2.       | Unregistered Sales of Equity Securities and Use of Proceeds                                       |   |   | 33     |   |
| Item 6.       | Exhibits                                                                                          |   |   | 34     |   |
|          |                                                                                              |   |   |   |   |
| Signature     |                                                                                              |   | 35     |   |
| Exhibit Index |                                                                                              |   | 36     |   |

----

PART I – FINANCIAL INFORMATION

FINANCIAL STATEMENTS

Condensed Consolidated Statements of Operations

|                                                         | For the Fiscal Quarters Ended October 31, |   |
|--------------------------------------------------------------|-------------------------------------------|--------|
| In thousands, except per share data                          |                                      | 2010   |   |   | 2009 |   |
| Revenue:                                                     |                                      |   |   |   |   |   |
|      Product sales                  |                                      | $      | 112,775 |   |   | $ | 102,108 |   |
|      Service sales                  |                                      |   | 16,528 |   |   |   | 16,547 |   |
|                                                         |                                      |   | 129,303 |   |   |   | 118,655 |   |
| Cost of Sales:                                               |                                      |   |   |   |   |   |   |   |
|      Cost of products sold          |                                      |   | 79,568 |   |   |   | 73,346 |   |
|      Cost of services sold          |                                      |   | 11,107 |   |   |   | 10,067 |   |
|                                                         |                                      |   | 90,675 |   |   |   | 83,413 |   |
|                                                         |                                      |   |   |   |   |   |   |   |
| Gross profit                                                 |                                      |   | 38,628 |   |   |   | 35,242 |   |
|                                                         |                                      |   |   |   |   |   |   |   |
| Selling, general and administrative expenses                 |                                      |   | 29,545 |   |   |   | 27,505 |   |
| Research and development                                     |                                      |   | 4,351 |   |   |   | 4,240 |   |
| Goodwill impairment                                          |                                      |   | 16,888 |   |   |   | --- |   |
| Restructuring and other expenses                             |                                      |   | 2,212 |   |   |   | 548 |   |
| Operating (loss) income                                      |                                      |   | (14,368 | ) |   |   | 2,949 |   |
|                                                         |                                      |   |   |   |   |   |   |   |
| Other income (expense), net                                  |                                      |   | (720 | ) |   |   | (414 | ) |
| Interest expense                                             |                                      |   | (653 | ) |   |   | (918 | ) |
| (Loss) Income from continuing operations before income taxes |                                      |   | (15,741 | )  |   |   | 1,617 |   |
| Income tax expense (benefit)                                 |                                      |   | 366 |   |   |   | (374 | ) |
| (Loss) Income from continuing operations                     |                                      |   | (16,107 | ) |   |   | 1,991 |   |
| Loss from discontinued operations, net of taxes of $(971)    | ---                                       |   |   |   | (1,532 | ) |
| Net (loss) income                                            |                                      | $      | (16,107 | ) |   | $ | 459 |   |
|                                                         |                                      |   |   |   |   |   |   |   |
| Basic (loss) earnings per common share:                      |                                      |   |   |   |   |   |   |   |
|   Continuing operations                            |                                      | $      | (0.64 | ) |   | $ | 0.08 |   |
|   Discontinued operations                          |                                      |   | --- |   |   |   | (0.06 | ) |
| Basic (loss) earnings per common share                       |                                      | $      | (0.64 | ) |   | $ | 0.02 |   |
| Diluted (loss) earnings per common share:                    |                                      |   |   |   |   |   |   |   |
|   Continuing operations                            |                                      | $      | (0.64 | ) |   | $ | 0.08 |   |
|   Discontinued operations                          |                                      |   | --- |   |   |   | (0.06 | ) |
| Diluted (loss) earnings per common share                     |                                      | $      | (0.64 | ) |   | $ | 0.02 |   |
|                                                         |                                      |   |   |   |   |   |   |   |
| Weighted Average Common Shares Outstanding:                  |                                      |   |   |   |   |   |   |   |
|   Basic                                            |                                      |   | 25,131 |   |   |   | 24,907 |   |
|   Diluted                                          |                                      |   | 25,131 |   |   |   | 24,956 |   |

----

|                                                                             | For the Six Months Ended October 31, |   |
|----------------------------------------------------------------------------------|--------------------------------------|--------|
| In thousands, except per share data                                              |                                 | 2010   |   |   | 2009 |   |
| Revenue:                                                                         |                                 |   |   |   |   |   |
|      Product sales                                      |                                 | $      | 215,308 |   |   | $ | 194,713 |   |
|      Service sales                                      |                                 |   | 32,319 |   |   |   | 33,296 |   |
|                                                                             |                                 |   | 247,627 |   |   |   | 228,009 |   |
| Cost of Sales:                                                                   |                                 |   |   |   |   |   |   |   |
|      Cost of products sold                              |                                 |   | 151,559 |   |   |   | 140,977 |   |
|      Cost of services sold                              |                                 |   | 21,454 |   |   |   | 19,645 |   |
|                                                                             |                                 |   | 173,013 |   |   |   | 160,622 |   |
|                                                                             |                                 |   |   |   |   |   |   |   |
| Gross profit                                                                     |                                 |   | 74,614 |   |   |   | 67,387 |   |
|                                                                             |                                 |   |   |   |   |   |   |   |
| Selling, general and administrative expenses                                     |                                 |   | 57,632 |   |   |   | 51,877 |   |
| Research and development                                                         |                                 |   | 8,675 |   |   |   | 8,376 |   |
| Goodwill impairment                                                              |                                 |   | 16,888 |   |   |   | --- |   |
| Restructuring and other expenses                                                 |                                 |   | 2,983 |   |   |   | 550 |   |
| Operating (loss) income                                                          |                                 |   | (11,564 | ) |   |   | 6,584 |   |
|                                                                             |                                 |   |   |   |   |   |   |   |
| Other income (expense), net                                                      |                                 |   | (350 | ) |   |   | (1,459 | ) |
| Interest expense                                                                 |                                 |   | (1,435 | ) |   |   | (1,860 | ) |
| (Loss) Income from continuing operations before income taxes                     |                                 |   | (13,349 | )  |   |   | 3,265 |   |
| Income tax expense (benefit)                                                     |                                 |   | 1,159 |   |   |   | (15 | ) |
| (Loss) Income from continuing operations                                         |                                 |   | (14,508 | ) |   |   | 3,280 |   |
| Loss from discontinued operations, net of taxes of $(21) and ($891) respectively | (75                                  | )      |   |   | (2,307 | ) |
| Net (loss) income                                                                |                                 | $      | (14,583 | )  |   | $ | 973 |   |
|                                                                             |                                 |   |   |   |   |   |   |   |
| Basic (loss) earnings per common share:                                          |                                 |   |   |   |   |   |   |   |
|   Continuing operations                                                |                                 | $      | (0.58 | ) |   | $ | 0.13 |   |
|   Discontinued operations                                              |                                 |   | --- |   |   |   | (0.09 | ) |
| Basic (loss) earnings per common share                                           |                                 | $      | (0.58 | ) |   | $ | 0.04 |   |
| Diluted (loss) earnings per common share:                                        |                                 |   |   |   |   |   |   |   |
|   Continuing operations                                                |                                 | $      | (0.58 | ) |   | $ | 0.13 |   |
|   Discontinued operations                                              |                                 |   | --- |   |   |   | (0.09 | ) |
| Diluted (loss) earnings per common share                                         |                                 | $      | (0.58 | ) |   | $ | 0.04 |   |
|                                                                             |                                 |   |   |   |   |   |   |   |
| Weighted Average Common Shares Outstanding:                                      |                                 |   |   |   |   |   |   |   |
|   Basic                                                                |                                 |   | 25,129 |   |   |   | 24,759 |   |
|   Diluted                                                              |                                 |   | 25,129 |   |   |   | 24,782 |   |

----

Condensed Consolidated Balance Sheets

|                                                                       |   | October 31, |    |   | April 30, |   |
|----------------------------------------------------------------------------|--------|-------------|---------|--------|-----------|--------|
| In thousands                                                               |   | 2010        |    |   | 2010      |   |
| Assets:                                                                    |   |        |    |   |      |   |
| Current Assets:                                                            |   |        |    |   |      |   |
|      Cash and cash equivalents                    |   | $           | 10,128  |   |      | $      | 11,305 |   |
|      Accounts receivable, net                     |   |        | 82,789  |   |      |   | 80,925 |   |
|      Inventories                                  |   |        | 61,505  |   |      |   | 59,823 |   |
|      Deferred tax assets, net                     |   |        | 10,498  |   |      |   | 10,029 |   |
|      Prepaid expenses and other current assets    |   |        | 5,611   |   |      |   | 4,732 |   |
|         Total Current Assets       |   |        | 170,531 |   |      |   | 166,814 |   |
| Property, plant and equipment, net                                         |   |        | 32,235  |   |      |   | 32,223 |   |
| Goodwill                                                                   |   |        | 67,772  |   |      |   | 83,654 |   |
| Deferred tax assets, net                                                   |   |        | 47,363  |   |      |   | 48,362 |   |
| Other assets                                                               |   |        | 18,894  |   |      |   | 20,824 |   |
|         Total Assets               |   | $           | 336,795 |   |      | $      | 351,877 |   |
| Liabilities and Shareholders' Equity:                                      |   |        |    |   |      |   |   |   |
| Current Liabilities:                                                       |   |        |    |   |      |   |   |   |
|      Accounts payable                             |   | $           | 41,127  |   |      | $      | 39,185 |   |
|      Accrued compensation and benefits            |   |        | 18,483  |   |      |   | 15,997 |   |
|      Other liabilities                            |   |        | 24,540  |   |      |   | 22,080 |   |
|      Deferred revenue                             |   |        | 12,589  |   |      |   | 13,003 |   |
|         Total Current Liabilities  |   |        | 96,739  |   |      |   | 90,265 |   |
| Long-term debt                                                             |   |        | 35,000  |   |      |   | 45,000 |   |
| Accrued pension benefit liability                                          |   |        | 36,802  |   |      |   | 36,932 |   |
| Deferred tax liabilities, net                                              |   |        | 12,761  |   |      |   | 12,600 |   |
| Other long-term liabilities                                                |   |        | 7,868   |   |      |   | 8,874 |   |
|                                                                       |   |        |    |   |      |   |   |   |
| Commitments and contingencies                                              |   |        |    |   |      |   |   |   |
|  Shareholders' Equity:                                                |   |        |    |   |      |   |   |   |
|      Preferred stock                              |   |        | ---     |   |      |   | --- |   |
|      Common stock                                 |   |        | 257     |   |      |   | 257 |   |
|      Paid-in capital                              |   |        | 83,165  |   |      |   | 81,981 |   |
|      Retained earnings                            |   |        | 81,621  |   |      |   | 96,204 |   |
|      Treasury stock                               |   |        | (10,461 | )      |      |   | (10,855 | ) |
|      Accumulated other comprehensive loss         |   |        | (6,957  | )      |      |   | (9,381 | ) |
|         Total Shareholders' Equity |   |        | 147,625 |   |      |   | 158,206 |   |
| Total Liabilities and Shareholders' Equity                                 |   | $           | 336,795 |   |      | $      | 351,877 |   |

----

Condensed Consolidated Statements of Cash Flows

|                                                                                                           | For the Six Months Ended October 31, |   |
|----------------------------------------------------------------------------------------------------------------|--------------------------------------|--------|
| In thousands                                                                                                   |                                 | 2010   |   |   | 2009 |   |
| Cash flows from operating activities:                                                                          |                                 |   |   |   |   |   |
|  Net (loss) income                                                                                        |                                 | $      | (14,583 | ) |   | $ | 973 |   |
| Adjustments to reconcile net (loss) income to cash provided byoperating activities:                       |                                 |   |   |   |   |   |   |   |
|        Depreciation and amortization                                        |                                 |   | 4,054 |   |   |   | 5,144 |   |
|        Deferred income taxes                                                |                                 |   | 862 |   |   |   | (1,435 | ) |
|        Stock-based compensation                                             |                                 |   | 1,862 |   |   |   | 1,796 |   |
|        Loss on sale of assets                                               |                                 |   | --- |   |   |   | 2,168 |   |
|        Goodwill impairment                                                  |                                 |   | 16,888 |   |   |   | --- |   |
|        Other noncash items                                                  |                                 |   | 1,596 |   |   |   | 670 |   |
|        Changes in operating accounts, excluding effects of acquisitions:    |                                 |   |   |   |   |   |   |   |
|             Accounts receivable                    |                                 |   | 486 |   |   |   | 4,396 |   |
|             Inventories                            |                                 |   | (51 | ) |   |   | 4,056 |   |
|             Prepaid expenses and other assets      |                                 |   | (295 | ) |   |   | (1,208 | ) |
|             Accounts payable and other liabilities |                                 |   | 950 |   |   |   | 849 |   |
|             Accrued compensation and benefits      |                                 |   | 2,014 |   |   |   | (1,655 | ) |
| Net cash provided by operating activities                                                                      |                                 |   | 13,783 |   |   |   | 15,754 |   |
| Cash flows from investing activities:                                                                          |                                 |   |   |   |   |   |   |   |
|    Capital expenditures                                                                         |                                 |   | (2,506 | ) |   |   | (1,992 | ) |
|    Proceeds from sale of net assets                                                             |                                 |   | 32 |   |   |   | 13,040 |   |
|    Proceeds from sale of available for sale investments                                         |                                 |   | 560 |   |   |   | 3 |   |
|    Purchases of available for sale investments                                                  |                                 |   | (322 | ) |   |   | (42 | ) |
|    Business acquisitions                                                                        |                                 |   | --- |   |   |   | (1,461 | ) |
|    Investments in intangible assets                                                             |                                 |   | (136 | ) |   |   | (1,049 | ) |
| Net cash (used for) provided by investing activities                                                           |                                 |   | (2,372 | ) |   |   | 8,499 |   |
| Cash flows from financing activities:                                                                          |                                 |   |   |   |   |   |   |   |
|    Debt repayments                                                                              |                                 |   | (46,022 | ) |   |   | (63,815 | ) |
|    Debt proceeds                                                                                |                                 |   | 36,000 |   |   |   | 41,878 |   |
|    Common stock activity                                                                        |                                 |   | (396 | ) |   |   | (113 | ) |
|    Payments on vendor financed debt                                                             |                                 |   | (801 | ) |   |   | --- |   |
| Net cash used for financing activities                                                                         |                                 |   | (11,219 | ) |   |   | (22,050 | ) |
| Effect of exchange rate changes on cash and cash equivalents                                                   |                                 |   | (1,369 | ) |   |   | 1,927 |   |
| (Decrease) Increase in cash and cash equivalents                                                               |                                 |   | (1,177 | ) |   |   | 4,130 |   |
| Cash and cash equivalents at beginning of period                                                               |                                 |   | 11,305 |   |   |   | 10,313 |   |
| Cash and cash equivalents at end of period                                                                     |                                 | $      | 10,128 |   |   | $ | 14,443 |   |

----

Notes to Condensed Consolidated Financial Statements

|                                                              |   | October 31, |   |   | April 30, |   |
|-------------------------------------------------------------------|--------|-------------|--------|--------|-----------|--------|
| In thousands                                                      |   | 2010        |   |   | 2010      |   |
| Raw materials and purchased parts                                 |   | $           | 47,709 |   |      | $      | 49,400 |   |
| Work in process                                                   |   |        | 2,947  |   |      |   | 1,774 |   |
| Finished goods                                                    |   |        | 10,849 |   |      |   | 8,649 |   |
|         Total inventories |   | $           | 61,505 |   |      | $      | 59,823 |   |

----

|                                                                              |   | October 31, 2010    |   |   | April 30, 2010          |   |
|-----------------------------------------------------------------------------------|--------|---------------------|--------|--------|-------------------------|--------|
|   In thousands                                                          |   | GrossCarryingAmount |   |   | AccumulatedAmortization |   |   | GrossCarryingAmount |   |   | AccumulatedAmortization |   |
| Amortized intangible assets:                                                      |   |                |   |   |                    |   |   |   |   |   |   |   |
|    Patents                                                         |   | $                   | 7,263  |   |                    | $      | 3,962 |   |   | $ | 7,732 |   |   | $ | 3,641 |   |
|    Other                                                           |   |                | 8,333  |   |                    |   | 1,671 |   |   |   | 8,346 |   |   |   | 1,136 |   |
|         Total amortized intangible assets |   | $                   | 15,596 |   |                    | $      | 5,633 |   |   | $ | 16,078 |   |   | $ | 4,777 |   |

----

| In thousands                                         | Sign Making& SpecialtyGraphics |   | Apparel &Industrial |   | OphthalmicLensProcessing |   |   | Total  |   |
|------------------------------------------------------|------------------------------------|--------|-------------------------|--------|--------------------------|--------|--------|--------|--------|
| Balance as of April 30, 2010                         |                               |   |                    |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Gross goodwill                                       |                               | $      | 120,308                 |   |                     | $      | 39,411 |   |   | $ | 38,588 |   |   | $ | 198,307 |   |
| Accumulated impairment losses                        |                               |   | (92,953                 | )      |                     |   | ---    |   |   |   | (21,700 | ) |   |   | (114,653 | ) |
| Net balance as of April 30, 2010                     |                               | $      | 27,355                  |   |                     | $      | 39,411 |   |   | $ | 16,888 |   |   | $ | 83,654 |   |
| Effects of currency translation                      |                               |   | 876                     |   |                     |   | 130    |   |   |   | --- |   |   |   | 1,006 |   |
| Effect of Gerber Innovations segment change          |                               |   | (1,112                  | )      |                     |   | 1,112  |   |   |   | --- |   |   |   | --- |   |
| Goodwill impairment                                  |                               |   | ---                     |   |                     |   | ---    |   |   |   | (16,888 | ) |   |   | (16,888 | ) |
| Net balance as of October 31, 2010                   |                               | $      | 27,119                  |   |                     | $      | 40,653 |   |   | $ | --- |   |   | $ | 67,772 |   |
| Net balance as of October 31, 2010 was comprised of: |                               |   |                    |   |                     |   |   |   |   |   |   |   |   |   |   |   |
| Gross goodwill                                       |                               |   | 120,072                 |   |                     |   | 40,653 |   |   |   | 38,588 |   |   |   | 199,313 |   |
| Accumulated impairment losses                        |                               |   | (92,953                 | )      |                     |   | ---    |   |   |   | (38,588 | ) |   |   | (131,541 | ) |
| Net balance as of October 31, 2010                   |                               | $      | 27,119                  |   |                     | $      | 40,653 |   |   | $ | --- |   |   | $ | 67,772 |   |

|                                                                          |   | For the Fiscal QuartersEnded October 31, |    |   | For the Six MonthsEnded October 31, |   |
|-------------------------------------------------------------------------------|--------|------------------------------------------|---------|--------|-------------------------------------|--------|
|  In thousands                                                            |   | 2010                                     |    |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Net (loss) income                                                             |   | $                                        | (16,107 | )      |                                | $      | 459 |   |   | $ | (14,583 | ) |   | $ | 973 |   |
|                                                                          |   |                                     |    |   |                                |   |   |   |   |   |   |   |   |   |   |   |
| Other comprehensive income (loss):                                            |   |                                     |    |   |                                |   |   |   |   |   |   |   |   |   |   |   |
|     Foreign currency translation adjustments              |   |                                     | 4,108   |   |                                |   | 2,573 |   |   |   | 2,618 |   |   |   | 15,111 |   |
|     Defined benefit pension plans activity, net of tax    |   |                                     | 119     |   |                                |   | 96 |   |   |   | 238 |   |   |   | 192 |   |
|     Unrealized investment gain (loss) income, net of tax  |   |                                     | 96      |   |                                |   | 114 |   |   |   | (76 | ) |   |   | 371 |   |
|     Net (loss) gain on derivative instruments, net of tax |   |                                     | (40     | )      |                                |   | 71 |   |   |   | (356 | ) |   |   | 116 |   |
| Total comprehensive (loss) income                                             |   | $                                        | (11,824 | )      |                                | $      | 3,313 |   |   | $  | (12,159 | ) |   | $  | 16,763 |   |

----

|                                                                                             |   | For the Fiscal QuartersEnded October 31, |    |   | For the Six MonthsEnded October 31, |   |
|--------------------------------------------------------------------------------------------------|--------|------------------------------------------|---------|--------|-------------------------------------|--------|
|  In thousands                                                                               |   | 2010                                     |    |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Sign Making and Specialty Graphics:                                                              |   |                                     |    |   |                                |   |   |   |   |   |   |   |
|   Gerber Scientific Products                                                           |   | $                                        | 10,569  |   |                                | $      | 11,285 |   |   | $ | 20,563 |   |   | $ | 20,143 |   |
|   Spandex                                                                              |   |                                     | 58,451  |   |                                |   | 55,109 |   |   |   | 110,743 |   |   |   | 107,806 |   |
| Sign Making and Specialty Graphics                                                               |   |                                     | 69,020  |   |                                |   | 66,394 |   |   |   | 131,306 |   |   |   | 127,949 |   |
| Apparel and Industrial                                                                           |   |                                     | 48,520  |   |                                |   | 39,719 |   |   |   | 92,572 |   |   |   | 77,057 |   |
| Ophthalmic Lens Processing                                                                       |   |                                     | 11,763  |   |                                |   | 13,077 |   |   |   | 23,759 |   |   |   | 23,787 |   |
| Intersegment revenue elimination                                                                 |   |                                     | ---     |   |                                |   | (535 | ) |   |   | (10 | ) |   |   | (784 | ) |
|           Consolidated revenue                 |   | $                                        | 129,303 |   |                                | $      | 118,655 |   |   | $  | 247,627 |   |   | $  | 228,009 |   |
|                                                                                             |   |                                     |    |   |                                |   |   |   |   |   |   |   |   |   |   |   |
| Sign Making and Specialty Graphics:                                                              |   |                                     |    |   |                                |   |   |   |   |   |   |   |   |   |   |   |
|   Gerber Scientific Products                                                           |   | $                                        | (1,521  | )      |                                | $      | (926 | ) |   | $ | (2,393 | ) |   | $ | (1,878 | ) |
|   Spandex                                                                              |   |                                     | 4,843   |   |                                |   | 3,461 |   |   |   | 9,002 |   |   |   | 6,503 |   |
| Sign Making and Specialty Graphics                                                               |   |                                     | 3,322   |   |                                |   | 2,535 |   |   |   | 6,609 |   |   |   | 4,625 |   |
| Apparel and Industrial                                                                           |   |                                     | 5,028   |   |                                |   | 3,932 |   |   |   | 8,634 |   |   |   | 8,769 |   |
| Ophthalmic Lens Processing                                                                       |   |                                     | (16,458 | )      |                                |   | 1,858 |   |   |   | (15,256 | ) |   |   | 2,828 |   |
|         Segment operating (loss) income                  |   |                                     | (8,108  | )      |                                |   | 8,325 |   |   |   | (13 | ) |   |   | 16,222 |   |
| Corporate operating expenses                                                                     |   |                                     | (6,260  | )      |                                |   | (5,376 | ) |   |   | (11,551 | ) |   |   | (9,638 | ) |
|           Consolidated operating (loss) income |   | $                                        | (14,368 | )      |                                | $      | 2,949 |   |   | $ | (11,564 | ) |   | $ | 6,584 |   |

|                                       |   | For the Fiscal Quarters Ended October 31, |    |
|--------------------------------------------|--------|-------------------------------------------|---------|
|                                       |   | 2010                                      |    |   | 2009 |   |
| In thousands except per share amounts      |   | Loss from Continuing Operations      |    |   | AverageShares |   |   | PerShare |   |   | Income from Continuing Operations |   |   | AverageShares |   |   | PerShare |   |
| Basic (loss) earnings per share            |   | $                                         | (16,107 | ) |   |   | 25,131 |   |   | $ | (0.64 | ) |   | $ | 1,991 |   |   |   | 24,907 |   |   | $ | 0.08 |   |
| Effect of dilutive options and awards |   |                                      | ---     |   |   |   | --- |   |   |   | --- |   |   |   | --- |   |   |   | 49 |   |   |   | --- |   |
| Diluted (loss) earnings per share          |   | $                                         | (16,107 | ) |   |   | 25,131 |   |   | $ | (0.64 | ) |   | $ | 1,991 |   |   |   | 24,956 |   |   | $ | 0.08 |   |

|                                       |   | For the Six Months Ended October 31, |    |
|--------------------------------------------|--------|--------------------------------------|---------|
|                                       |   | 2010                                 |    |   | 2009 |   |
| In thousands except per share amounts      |   | Loss from Continuing Operations |    |   | AverageShares |   |   | PerShare |   |   | Income from Continuing Operations |   |   | AverageShares |   |   | PerShare |   |
| Basic (loss) earnings per share            |   | $                                    | (14,508 | ) |   |   | 25,129 |   |   | $ | (0.58 | ) |   | $ | 3,280 |   |   |   | 24,759 |   |   | $ | 0.13 |   |
| Effect of dilutive options and awards |   |                                 | ---     |   |   |   | --- |   |   |   | --- |   |   |   | --- |   |   |   | 23 |   |   |   | --- |   |
| Diluted (loss) earnings per share          |   | $                                    | (14,508 | ) |   |   | 25,129 |   |   | $ | (0.58 | ) |   | $ | 3,280 |   |   |   | 24,782 |   |   | $ | 0.13 |   |

----

|                                    | For the Six Months Ended October 31, |   |
|-----------------------------------------|--------------------------------------|--------|
| In thousands                            |                                 | 2010   |   |   | 2009 |   |
| Beginning balance                       |                                 | $      | 2,250 |   |   | $ | 2,815 |   |
| Warranties issued in the current period |                                 |   | 1,441 |   |   |   | 3,253 |   |
| Reductions for costs incurred           |                                 |   | (1,677 | ) |   |   | (2,880 | ) |
| Impact of business dispositions         |                                 |   | --- |   |   |   | (574 | ) |
| Ending balance                          |                                 | $      | 2,014 |   |   | $ | 2,614 |   |

|                           |   | For the Fiscal Quarters Ended October 31, |   |   | For the Six Months Ended October 31, |   |
|--------------------------------|--------|-------------------------------------------|--------|--------|--------------------------------------|--------|
|  In thousands             |   | 2010                                      |   |   | 2009                                 |   |   | 2010 |   |   | 2009 |   |
| Interest cost                  |   |                                      | 1,653  |   |                                 |   | 1,699 |   |   |   | 3,306 |   |   |   | 3,398 |   |
| Expected return on plan assets |   |                                      | (1,584 | )      |                                 |   | (1,316 | ) |   |   | (3,168 | ) |   |   | (2,632 | ) |
| Amortization of actuarial loss |   |                                      | 190    |   |                                 |   | 153 |   |   |   | 380 |   |   |   | 306 |   |
| Net periodic benefit cost      |   | $                                         | 259    |   |                                 | $      | 536 |   |   | $ | 518 |   |   | $ | 1,072 |   |

----

|                                                    |                         | Liabilities     |   |
|---------------------------------------------------------|------------------------------|-----------------|--------|
|  In thousands                                      |  Balance Sheet Location | October 31,2010 |   |   | April 30, 2010 |   |
| Derivatives designated as hedging instruments:          |                         |            |   |   |   |   |   |
|     Foreign currency contracts      | Other liabilities            |            | $      | 994 |   |   | $ | --- |   |
|     Interest rate swap arrangements | Other liabilities       |            |   | 53 |   |   |   | 479 |   |
|                                                    |                         |            | $      | 1,047 |   |   | $ | 479 |   |

|                                                                                                      | For the fiscal quarters ended October 31, |   |
|-----------------------------------------------------------------------------------------------------------|-------------------------------------------|--------|
|  In thousands                                                                                        |                                      | 2010   |   | 2009 |   |
|  Loss recognized in Accumulated Other Comprehensive Loss before tax effect                           |                                      | $      | 1,044 |   |   | $ | 164 |   |
|  Loss reclassified from Accumulated Other Comprehensive Loss to Interest Expense (effective portion) |                                      | $      | 150 |   |   | $ | 277 |   |
|  Loss reclassified from Accumulated Other Comprehensive Loss to Other Expense (effective portion)    |                                      | $      | 832 |   |   | $ | --- |   |

|                                                                                                      | For the six months ended October 31, |   |
|-----------------------------------------------------------------------------------------------------------|--------------------------------------|--------|
|  In thousands                                                                                        |                                 | 2010   |   | 2009 |   |
|  Loss recognized in Accumulated Other Comprehensive Loss before tax effect                           |                                 | $      | 1,058 |   |   | $ | 333 |   |
|  Loss reclassified from Accumulated Other Comprehensive Loss to Interest Expense (effective portion) |                                 | $      | 443 |   |   | $ | 518 |   |
|  Loss reclassified from Accumulated Other Comprehensive Loss to Other Expense (effective portion)    |                                 | $      | 832 |   |   | $ | --- |   |

----

|                                               |   | October 31, 2010 |   |
|----------------------------------------------------|--------|------------------|--------|
|   In thousands                           |   | Total            |   |   | Quotedprices inactivemarkets(Level 1) |   | Significantotherobservableinputs(Level 2) |   |   | Significantunobservableinputs(Level 3) |   |
| Available for sale investments                     |   | $                | 3,517  |   |   | $ | 3,517 |   |   | $ | --- |   |   | $ | --- |   |
| Foreign exchange derivative contracts              |   |             | (994   | ) |   |   | --- |   |   |   | (994 | ) |   |   | --- |   |
| Interest rate swap agreements                      |   |             | (53    | ) |   |   | --- |   |   |   | (53 | ) |   |   | --- |   |
| Estimated fair value of contingent consideration   |   |             | (3,485 | )  |   |   | --- |   |   |   | --- |   |   |   | (3,485 | ) |
| Estimated fair value for lease liability guarantee |   |             | (700   | ) |   |   | --- |   |   |   | --- |   |   |   | (700 | ) |
|     Total                      |   | $                | (1,715 | )  |   | $ | 3,517 |   |   | $ | (1,047 | ) |   | $ | (4,185 | ) |

|                                               |   | April 30, 2010 |   |
|----------------------------------------------------|--------|----------------|--------|
|   In thousands                           |   | Total          |   |   | Quotedprices inactivemarkets(Level 1) |   | Significantotherobservableinputs(Level 2) |   |   | Significantunobservableinputs(Level 3) |   |
| Available for sale investments                     |   | $              | 3,806  |   |   | $ | 3,806 |   |   | $ | --- |   |   | $ | --- |   |
| Interest rate swap agreements                      |   |           | (479   | ) |   |   | --- |   |   |   | (479 | ) |   |   | --- |   |
| Estimated fair value of contingent consideration   |   |           | (3,174 | )  |   |   | --- |   |   |   | --- |   |   |   | (3,174 | ) |
| Estimated fair value for lease liability guarantee |   |           | (700   | ) |   |   | --- |   |   |   | --- |   |   |   | (700 | ) |
|     Total                      |   | $              | (547   | )  |   | $ | 3,806 |   |   | $ | (479 | ) |   | $ | (3,874 | ) |

----

| In thousands                               | For the six months ended October 31, 2010 |   |
|--------------------------------------------|-------------------------------------------|--------|
| Sign Making and Specialty Graphics         |                                      |   |   |   |
|   Fiscal 2011 severance expenses |                                      | $      | 312 |   |
|   Cash payments                  |                                      |   | (204 | ) |
| Ending balance at October 31, 2010         |                                      | $      | 108 |   |
|                                       |                                      |   |   |   |
| Apparel and Industrial                     |                                      |   |   |   |
|   Fiscal 2011 severance expenses |                                      | $      | 765 |   |
|   Cash payments                  |                                      |   | (241 | ) |
| Ending balance at October 31, 2010         |                                      | $      | 524 |   |

----

| In thousands                       | For the six months ended October 31, 2010 |   |
|------------------------------------|-------------------------------------------|--------|
| Sign Making and Specialty Graphics |                                      |   |   |
| Balance at April 30, 2010          |                                      | $      | 231 |   |
|   Cash payments          |                                      |   | (141 | ) |
| Ending balance at October 31, 2010 |                                      | $      | 90 |   |
|                               |                                      |   |   |   |
| Apparel and Industrial             |                                      |   |   |   |
| Balance at April 30, 2010          |                                      | $      | 277 |   |
|   Cash payments          |                                      |   | (203 | ) |
| Ending balance at October 31, 2010 |                                      | $      | 74 |   |
|                               |                                      |   |   |   |
| Corporate                          |                                      |   |   |   |
| Balance at April 30, 2010          |                                      | $      | 350 |   |
|   Cash payments          |                                      |   | (172 | ) |
| Ending balance at October 31, 2010 |                                      | $      | 178 |   |

|                                       |   | For the Fiscal QuartersEnded October 31, |   |   | For the Six MonthsEnded October 31, |   |
|--------------------------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
| In thousands                               |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations       |   | $                                        | ---    |   |                                | $      | 1,386 |   |   | $ | --- |   |   | $ | 5,973 |   |
| Pretax income from discontinued operations |   | $                                        | ---    |   |                                | $      | 1,674 |   |   | $ | --- |   |   | $ | 799 |   |

|                                     |   | For the Fiscal QuartersEnded October 31, |   |   | For the Six MonthsEnded October 31, |   |
|------------------------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
| In thousands                             |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations     |   | $                                        | ---    |   |                                | $      | 5,362 |   |   | $ | --- |   |   | $ | 13,901 |   |
| Pretax loss from discontinued operations |   | $                                        | ---    |   |                                | $      | (3,784 | ) |   | $ | (74 | ) |   | $ | (3,413 | ) |

----

|                                     |   | For the Fiscal QuartersEnded October 31, |   |   | For the Six MonthsEnded October 31, |   |
|------------------------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
| In thousands                             |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations     |   | $                                        | ---    |   |                                | $      | 659 |   |   | $ | --- |   |   | $ | 1,234 |   |
| Pretax loss from discontinued operations |   | $                                        | ---    |   |                                | $      | (335 | ) |   | $ | --- |   |   | $ | (380 | ) |

|                                              |   | For the Fiscal QuartersEnded October 31, |   |   | For the Six MonthsEnded October 31, |   |
|---------------------------------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
| In thousands                                      |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations              |   | $                                        | ---    |   |                                | $      | 580 |   |   | $ | --- |   |   | $ | 1,021 |   |
| Pretax income (loss) from discontinued operations |   | $                                        | ---    |   |                                | $      | 35 |   |   | $ | (28 | ) |   | $ | 25 |   |

|                                              |   | For the Fiscal QuartersEnded October 31, |   |   | For the Six MonthsEnded October 31, |   |
|---------------------------------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
| In thousands                                      |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Revenue from discontinued operations              |   | $                                        | ---    |   |                                | $      | 925 |   |   | $ | --- |   |   | $ | 1,718 |   |
| Pretax (loss) income from discontinued operations |   | $                                        | ---    |   |                                | $      | (93 | ) |   | $ | 6 |   |   | $ | (229 | ) |

----

|                 |   | For the Fiscal QuartersEnded October 31, |    |   | For the Six MonthsEnded October 31, |   |
|----------------------|--------|------------------------------------------|---------|--------|-------------------------------------|--------|
| In thousands         |   | 2010                                     |    |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Revenue              |   | $                                        | 11,763  |   |                                | $      | 13,077 |   |   | $ | 23,759 |   |   | $ | 23,787 |   |
| Pretax (loss) income |   | $                                        | (16,611 | )      |                                | $      | 1,994 |   |   | $ | (15,424 | ) |   | $ | 3,318 |   |

----

| In thousands                                          | October 31, 2010 |   |
|-------------------------------------------------------|------------------|--------|
| Assets:                                               |             |   |   |   |
|   Accounts receivable, net                  |             | $      | 9,886 |   |
|   Inventories                               |             |   | 10,720 |   |
|   Prepaid expenses and other current assets |             |   | 115 |   |
|   Property, plant and equipment, net        |             |   | 829 |   |
|   Other assets                              |             |   | 1,032 |   |
|      Total Assets            |             | $      | 22,582 |   |
|                                                  |             |   |   |   |
| Liabilities:                                          |             |   |   |   |
|   Accounts payable                          |             | $      | 3,778 |   |
|   Accrued compensation and benefits         |             |   | 375 |   |
|   Other liabilities                         |             |   | 630 |   |
|   Deferred revenue                          |             |   | 433 |   |
|   Total Liabilities                         |             | $      | 5,216 |   |
|                                                  |             |   |   |   |
| Net assets                                            |             | $      | 17,366 |   |

----

ITEM 2.    MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

| ·   | expected financial condition, future earnings, levels of growth, or other measures of financial performance, or the future size of market segments or geographic markets; |
|--------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| ·   | economic conditions; |
|--------------------|----------------------|

| ·   | planned cost reductions; |
|--------------------|--------------------------|

| ·   | future cash flows and uses of cash and debt reduction strategies; |
|--------------------|-------------------------------------------------------------------|

| ·   | prospective product developments and business growth opportunities, as well as competitor product developments; |
|--------------------|-----------------------------------------------------------------------------------------------------------------|

| ·   | demand for products and services; |
|--------------------|-----------------------------------|

| ·   | methods of and costs associated with potential geographic expansion; |
|--------------------|----------------------------------------------------------------------|

| ·   | regulatory and market developments and the impact of such developments on future operating results; |
|--------------------|-----------------------------------------------------------------------------------------------------|

| ·   | potential impacts from credit market risk; |
|--------------------|--------------------------------------------|

| ·   | future effective income tax rates; |
|--------------------|------------------------------------|

| ·   | the outcome of contingencies; |
|--------------------|-------------------------------|

| ·   | the availability and cost of raw materials; and |
|--------------------|-------------------------------------------------|

| ·   | pension plan assumptions and future contributions. |
|--------------------|----------------------------------------------------|

----

----

|                   |   | For the Fiscal Quarters EndedOctober 31, |    |   | For the Six Months EndedOctober 31, |   |
|------------------------|--------|------------------------------------------|---------|--------|-------------------------------------|--------|
| In thousands           |   | 2010                                     |    |   | 2009                                |   |   | Percent Change |   |   | 2010 |   |   | 2009 |   |   | Percent Change |   |
| Equipment and software |   | $                                        | 37,561  |   |                                | $      | 29,758 |   |   |   | 26.2 | % |   | $ | 70,001 |   |   | $ | 55,579 |   |   |   | 25.9 | % |
| Aftermarket supplies   |   |                                     | 75,214  |   |                                |   | 72,350 |   |   |   | 4.0 | % |   |   | 145,307 |   |   |   | 139,134 |   |   |   | 4.4 | % |
| Service                |   |                                     | 16,528  |   |                                |   | 16,547 |   |   |   | (0.1 | %) |   |   | 32,319 |   |   |   | 33,296 |   |   |   | (2.9 | %) |
| Total revenue          |   | $                                        | 129,303 |   |                                | $      | 118,655 |   |   |   | 9.0 | % |   | $ | 247,627 |   |   | $ | 228,009 |   |   |   | 8.6 | % |

----

|  In thousands                                   |   | October 31,2010 |   |   | April 30,2010 |   |
|------------------------------------------------------|--------|-----------------|--------|--------|---------------|--------|
| Backlog:                                             |   |            |   |   |          |   |
|    Sign Making and Specialty Graphics |   | $               | 1,699  |   |          | $      | 767 |   |
|    Apparel and Industrial             |   |            | 27,301 |   |          |   | 25,886 |   |
|    Ophthalmic Lens Processing         |   |            | 1,821  |   |          |   | 1,550 |   |
|                                                 |   | $               | 30,821 |   |          | $      | 28,203 |   |

|                | For the Fiscal Quarters EndedOctober 31, |   | For the Six Months EndedOctober 31, |   |
|---------------------|------------------------------------------|--------|-------------------------------------|--------|
| In thousands        | 2010                                     |   | 2009                                |   |   | Percent Change |   | 2010 |   | 2009 |   |   | Percent Change |   |
| Gross profit        |                                     | $      | 38,628                              |   |   | $ | 35,242 |   |   |   | 9.6 | % |   | $ | 74,614 |   |   | $ | 67,387 |   |   |   | 10.7 | % |
| Gross profit margin |                                     |   | 29.9                                | %      |   |   | 29.7 | % |   |   |   |   |   |   | 30.1 | % |   |   | 29.6 | % |   |   |   |   |

----

|                                         | For the Fiscal Quarters EndedOctober 31, |   | For the Six Months EndedOctober 31, |   |
|----------------------------------------------|------------------------------------------|--------|-------------------------------------|--------|
| In thousands                                 | 2010                                     |   | 2009                                |   |   | PercentChange |   | 2010 |   | 2009 |   |   | PercentChange |   |
| Selling, general and administrative expenses |                                     | $      | 29,545                              |   |   | $ | 27,505 |   |   |   | 7.4 | % |   | $ | 57,632 |   |   | $ | 51,877 |   |   |   | 11.1 | % |
| Percentage of revenue                        |                                     |   | 22.8                                | %      |   |   | 23.2 | % |   |   |   |   |   |   | 23.3 | % |   |   | 22.8 | % |   |   |   |   |

|                     |   | For the Fiscal Quarters EndedOctober 31, |   |   | For the Six Months EndedOctober 31, |    |
|--------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------------|
| In thousands             |   | 2010                                     |   |   | 2009                                |         |   | PercentChange |   |   | 2010 |   |   | 2009 |   |   | PercentChange |   |
| Research and development |   | $                                        | 4,351  |   |                                | $            | 4,240 |   |   |   | 2.6 | % |   | $ | 8,675 |   |   | $ | 8,376 |   |   |   | 3.6 | % |
| Percentage of revenue    |   |                                     | 3.4    | %      |                                |         | 3.6 | % |   |   |   |   |   |   | 3.5 | % |   |   | 3.7 | % |   |   |   |   |

----

|                             |   | For the Fiscal Quarters EndedOctober 31, |   |   | For the Six Months EndedOctober 31, |   |
|----------------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
| In thousands                     |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Restructuring and other expenses |   | $                                        | 2,212  |   |                                | $      | 548 |   |   | $ | 2,983 |   |   | $ | 550 |   |

----

|                        |   | For the Fiscal Quarters EndedOctober 31, |   |    | For the Six Months EndedOctober 31, |   |
|-----------------------------|--------|------------------------------------------|--------|---------|-------------------------------------|--------|
| In thousands                |   | 2010                                     |   |    | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Other income (expense), net |   | $                                        | (720   | )  |                                | $      | (414 | )  |   | $ | (350 | )  |   | $ | (1,459 | )  |

|                                           |   | For the Fiscal Quarters EndedOctober 31, |   | For the Six Months EndedOctober 31, |   |
|------------------------------------------------|--------|------------------------------------------|--------|-------------------------------------|--------|
| In thousands                                   |   | 2010                                     |   |                                | 2009   |   |   | PercentChange |   |   | 2010 |   |   | 2009 |   |   | PercentChange |   |
| Interest expense                               |   | $                                        | 653    |                                |   | $ | 918 |   |   |   | (28.9 | %) |   | $ | 1,435 |   |   | $ | 1,860 |   |   |   | (22.8 | %) |
| Weighted-average credit facility interest rate |   |                                     | 6.4    | %                                   |   |   | 7.1 | % |   |   |   |   |   |   | 6.6 | % |   |   | 7.0 | % |   |   |   |   |

|               |   | For the Fiscal QuartersEnded October 31, |   |   | For the Six Months EndedOctober 31, |   |
|--------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
|               |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Effective tax rate |   |                                     | (2.3   | %)     |                                |   | (23.1 | %) |   |   | (8.7 | %) |   |   | (0.5 | %) |

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| Operating Segment                  | Principal Business                             |
|------------------------------------|------------------------------------------------|
| Sign Making and Specialty Graphics | Gerber Scientific Products ("GSP") and Spandex |
| Apparel and Industrial             | Gerber Technology and Gerber Innovations       |
| Ophthalmic Lens Processing         | Gerber Coburn                                  |

|                    |   | For the Fiscal Quarters Ended October 31, |   |
|-------------------------|--------|-------------------------------------------|--------|
|                    |   | 2010                                      |   |   | 2009 |   |
| In thousands            |   | GSP                                       |   |   | Spandex |   |   | Total |   |   | GSP |   |   | Spandex |   |   | Total |   |
| Revenue                 |   | $                                         | 10,569 |   |   | $ | 58,451 |   |   | $ | 69,020 |   |   | $ | 11,285 |   |   | $ | 55,109 |   |   | $ | 66,394 |   |
| Operating (loss) income |   | $                                         | (1,521 | ) |   | $ | 4,843 |   |   | $ | 3,322 |   |   | $ | (926 | ) |   | $ | 3,461 |   |   | $ | 2,535 |   |

|                    |   | For the Six Months Ended October 31, |   |
|-------------------------|--------|--------------------------------------|--------|
|                    |   | 2010                                 |   |   | 2009 |   |
| In thousands            |   | GSP                                  |   |   | Spandex |   |   | Total |   |   | GSP |   |   | Spandex |   |   | Total |   |
| Revenue                 |   | $                                    | 20,563 |   |   | $ | 110,743 |   |   | $ | 131,306 |   |   | $ | 20,143 |   |   | $ | 107,806 |   |   | $ | 127,949 |   |
| Operating (loss) income |   | $                                    | (2,393 | ) |   | $ | 9,002 |   |   | $ | 6,609 |   |   | $ | (1,878 | ) |   | $ | 6,503 |   |   | $ | 4,625 |   |

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|                     |   | For the Fiscal Quarters EndedOctober 31, |   |   | For the Six Months EndedOctober 31, |   |
|--------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
| In thousands             |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Revenue                  |   | $                                        | 48,520 |   |                                | $      | 39,719 |   |   | $ | 92,572 |   |   | $ | 77,057 |   |
| Segment operating income |   | $                                        | 5,028  |   |                                | $      | 3,932 |   |   | $ | 8,634 |   |   | $ | 8,769 |   |

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|                            |   | For the Fiscal Quarters EndedOctober 31, |    |   | For the Six Months EndedOctober 31, |   |
|---------------------------------|--------|------------------------------------------|---------|--------|-------------------------------------|--------|
| In thousands                    |   | 2010                                     |    |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Revenue                         |   | $                                        | 11,763  |   |                                | $      | 13,077 |   |   | $ | 23,759 |   |   | $ | 23,787 |   |
| Segment operating (loss) income |   | $                                        | (16,458 | )      |                                | $      | 1,858 |   |   | $ | (15,256 | ) |   | $ | 2,828 |   |

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|                              |   | For the Fiscal Quarters EndedOctober 31, |   |   | For the Six Months EndedOctober 31, |   |
|-----------------------------------|--------|------------------------------------------|--------|--------|-------------------------------------|--------|
| In thousands                      |   | 2010                                     |   |   | 2009                                |   |   | 2010 |   |   | 2009 |   |
| Unallocated company-wide expenses |   | $                                        | 4,049  |   |                                | $      | 2,740 |   |   | $ | 6,861 |   |   | $ | 4,673 |   |
| Core corporate operating expenses |   |                                     | 2,211  |   |                                |   | 2,636 |   |   |   | 4,690 |   |   |   | 4,965 |   |
| Operating expenses                |   | $                                        | 6,260  |   |                                | $      | 5,376 |   |   | $ | 11,551 |   |   | $ | 9,638 |   |

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| In thousands except ratio amounts                         |   | October 31, 2010 |    |   | April 30, 2010 |   |
|-----------------------------------------------------------|--------|-----------------------|---------|--------|----------------|--------|
| Cash and cash equivalents                                 |   | $                     | 10,128  |   |           | $      | 11,305 |   |
| Working capital                                           |   | $                     | 73,792  |   |           | $      | 76,549 |   |
| Total debt                                                |   | $                     | 35,000  |   |           | $      | 45,000 |   |
| Net debt (total debt less cash and cash equivalents) |   | $                     | 24,872  |   |           | $      | 33,695 |   |
| Shareholders' equity                                      |   | $                     | 147,625 |   |           | $      | 158,206 |   |
| Total capital (net debt plus shareholders' equity)        |   | $                     | 172,497 |   |           | $      | 191,901 |   |
| Current ratio                                             |   | 1.76:1                |    |   | 1.85:1         |   |
| Net debt-to-total capital ratio                           |   |                  | 14.4    | %      |           |   | 17.6 | % |

|                                                  | For the Six Months Ended October 31, |   |
|-------------------------------------------------------|--------------------------------------|--------|
| In thousands                                          |                                 | 2010   |   |   | 2009 |   |
| Cash flows provided by operating activities           |                                 | $      | 13,783 |   |   | $ | 15,754 |   |
| Cash flows (used in) provided by investing activities |                                 | $      | (2,372 | ) |   | $ | 8,499 |   |
| Cash flows used in financing activities               |                                 | $      | (11,219 | )  |   | $ | (22,050 | ) |

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| Covenant                                           | Requirement         | Actual as of October 31, 2010 |
|----------------------------------------------------|---------------------|-------------------------------|
| Total Funded Debt to Consolidated EBITDA           | Less than 3.00:1    | 1.55:1                        |
| Consolidated EBIT to Consolidated Interest Expense | Greater than 3.00:1 | 5.54:1                        |
| Asset Coverage Ratio                               | At least 1.0:1      | 1.83:1                        |

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ITEM 3.     QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

ITEM 4.     CONTROLS AND PROCEDURES

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PART II -  OTHER INFORMATION

ITEM 1A.  RISK FACTORS

ITEM 2.     UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS

| Period                                           |   | (a)TotalNumberof Shares(or Units)Purchased |   |   | (b)AveragePricePaid perShare(or Unit) |   | (c)Total Number ofShares (or Units)Purchased as Partof PubliclyAnnounced Plansor Programs | (d)MaximumNumber (orApproximateDollar Value)of Shares (or Units)that May Yet BePurchased Under thePlans or Programs |
|--------------------------------------------------|--------|--------------------------------------------|--------|--------|---------------------------------------|--------|-------------------------------------------------------------------------------------------|---------------------------------------------------------------------------------------------------------------------|
| August 1, 2010 – August 31, 2010 (1)       |   |                                       | 387    |   |                                  | $      | 5.96                                                                                      |                                                                                                                | Not applicable | Not applicable |
| September 1, 2010 – September 30, 2010 (1) |   |                                       | 62,462 |   |                                  |   | 5.99                                                                                      |                                                                                                                | Not applicable | Not applicable |
| October 1, 2010 – October 31, 2010         |   |                                       | ---    |   |                                  |   | ---                                                                                       |                                                                                                                | Not applicable | Not applicable |
|                                             |   |                                       | 62,849 |   |                                  | $      | 5.99                                                                                      |                                                                                                                | Not applicable | Not applicable |

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ITEM 6.     EXHIBITS

| Exhibit Number |   | Description |
|----------------|--------|-------------|
|           |   |        |
|           | 10.1   |        | Non-employee Director’s Stock Grant Plan, amended and restated as of August 25, 2010, filed herewith. |
|           |   |        |   |
|           | 10.2   |        | Form of Restricted Stock Unit Agreement under the Gerber Scientific, Inc. 2006 Omnibus Incentive Plan, filed herewith. |
|           |   |        |   |
|           | 31.1   |        | Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, filed herewith. |
|           |   |        |   |
|           | 31.2   |        | Certification of Chief Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, filed herewith. |
|           |   |        |   |
|           | 32     |        | Certification of Chief Executive Officer and Chief Financial Officer pursuant to Rule 13a-14(b) or 15d-14(b) under the Securities Exchange Act of 1934 and to 18 U.S.C. 1350, filed herewith. |

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SIGNATURE

|             | GERBER SCIENTIFIC, INC.                                                                                                                                    |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------|
| December 9, 2010 | By:                                                                                                                                                        |                                                                          /s/    Michael R. Elia                  |
|             |  Michael R. EliaExecutive Vice President, Chief Financial Officer and Chief Accounting Officer(Principal Financial and  Accounting Officer) |

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Exhibit Index

| Exhibit Number |   | Description |
|----------------|--------|-------------|
|           |   |        |
|           | 10.1   |        | Non-employee Director’s Stock Grant Plan, amended and restated as of August 25, 2010, filed herewith. |
|           |   |        |   |
|           | 10.2   |        | Form of Restricted Stock Unit Agreement under the Gerber Scientific, Inc. 2006 Omnibus Incentive Plan, filed herewith. |
|           |   |        |   |
|           | 31.1   |        | Certification of Chief Executive Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, filed herewith. |
|           |   |        |   |
|           | 31.2   |        | Certification of Chief Financial Officer pursuant to Rule 13a-14(a) or Rule 15d-14(a) under the Securities Exchange Act of 1934, filed herewith. |
|           |   |        |   |
|           | 32     |        | Certification of Chief Executive Officer and Chief Financial Officer pursuant to Rule 13a-14(b) or 15d-14(b) under the Securities Exchange Act of 1934 and to 18 U.S.C. 1350, filed herewith. |

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