----

----

|   |   |   |
|--------|--------|--------|

|   |   |   |
|--------|--------|--------|

| COLORADO                                                                | 84-1250533                                |
|-------------------------------------------------------------------------|-------------------------------------------|
| (State      or other jurisdiction ofincorporation      or organization) | (I.R.S.      Employer Identification No.) |
|                                                                    |                                      |
| ONE      CANTERBURY GREEN201      BROAD STREET                          |                                      |
| STAMFORD,      CT                                                       | 06901                                     |
| (Address      of principal executive offices)                           | (Zip      Code)                           |
|                                                                    |                                      |
| 203-595-3000                                                            |
| (Registrant’s      telephone number, including areacode)          |

|   |   |   |
|--------|--------|--------|

|                                             Title of Each      Class                                       |                         Name of Each Exchange on Which      Registered                     |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Common      Stock, par value $0.01 per share                                                                                                                                                                                                                                                                                                                                                                 | New      York Stock Exchange                                                                                                                                                                                                                                                             |

----

----

|     | PART      I                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |   |
|----------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           | PAGE   |   |
| Item 1.  | Business                                                                                                                                                                               | 1      |   |
| Item 1A. | Risk      Factors                                                                                                                                             | 7      |   |
| Item 1B. | Unresolved Staff      Comments                                                                                                                                | 11     |   |
| Item 2.  | Properties                                                                                                                                                    | 11     |   |
| Item 3.  | Legal      Proceedings                                                                                                                                        | 11     |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
|     | PART      II                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
| Item 5.  | Market for Registrant’s Common Equity, Related      Shareholder                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |   |
|     | Matters and Issuer Purchases of Equity      Securities                                                                                                                            | 12     |   |
| Item 6.  | Selected Financial      Data                                                                                                                                  | 14     |   |
| Item 7.  | Management’s Discussion and Analysis of      Financial Condition                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |   |
|     | and Results of      Operations                                                                                                                                                    | 15     |   |
| Item 7A. | Quantitative and Qualitative Disclosures About Market      Risk                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | 29     |   |
| Item 8.  | Financial Statements and Supplementary      Data                                                                                                              | 30     |   |
| Item 9.  | Changes in and Disagreements with Accountants on      Accounting                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |   |
|     | and Financial      Disclosure                                                                                                                                                     | 82     |   |
| Item 9A. | Controls and      Procedures                                                                                                                                  | 82     |   |
| Item 9B. | Other      Information                                                                                                                                        | 84     |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
|     | PART      III                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
| Item 10. | Directors, Executive Officers and Corporate      Governance                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    | 84     |   |
| Item 11. | Executive      Compensation                                                                                                                                   | 84     |   |
| Item 12. | Security Ownership of Certain Beneficial Owners      and                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |   |
|     | Management and Related Shareholder      Matters                                                                                                                                   | 84     |   |
| Item 13. | Certain Relationships and Related Transactions, and      Director Independence                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 | 84     |   |
| Item 14. | Principal Accountant Fees and      Services                                                                                                                   | 84     |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
|     | PART      IV                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |   |
|     |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |   |
| Item 15. | Exhibits and Financial Statement      Schedules                                                                                                               | 84     |   |

----

Item 1.  Business

----

|   | · | Custom      labels and specialty forms; |
|--------|--------|-----------------------------------------|

|   | · | Stock      envelopes, labels and business forms;and |
|--------|--------|-----------------------------------------------------|

|   | · | Direct      mail and customized envelopes developed for advertising, billing and      remittance. |
|--------|--------|---------------------------------------------------------------------------------------------------|

|   | · | Specialty      packaging and high quality promotional materials for multinational      consumer products companies; |
|--------|--------|---------------------------------------------------------------------------------------------------------------------|

|   | · | STM      journals, special interest and trade magazines for not-for-profit      organizations, educational institutions and specialty      publishers; |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | High-end      color printing of a wide range of premium products for major national and      regional customers; and |
|--------|--------|----------------------------------------------------------------------------------------------------------------------|

|   | · | General      commercial printing products for regional and local    customers. |
|--------|--------|--------------------------------------------------------------------------------|

----

----

----

----

| Name                             |   | Age    |                                                                             | Position |   | YearElected      toPresentPosition |
|----------------------------------|--------|--------|----------------------------------------------------------------------------------|----------|--------|------------------------------------|
|  Robert      G. Burton, Sr. | 69     |   | Chairman      and Chief Executive Officer                                        | 2005     |
| Mark      S. Hiltwein            | 46     |   | Chief      Financial Officer                                                     | 2007     |
| Dean      Cherry                 | 49     |   | President,      Envelope Operations                                              | 2008     |
| Harry      Vinson                | 49     |   | President,      Publisher Services, Commercial Print and Packaging    Operations | 2007     |
| Timothy      M. Davis            | 55     |   | Senior      Vice President, General Counsel and Secretary                        | 2006     |

----

Item 1A.   RiskFactors

----

|   | · | requiring      a substantial portion of our cash flow from operations to be dedicated to      the payment of principal and interest on indebtedness instead of funding      working capital, capital expenditures, acquisitions and other business      purposes; |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | making      it more difficult for us to satisfy all of our debt obligations, thereby      increasing the risk of triggering a cross-default    provision; |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | increasing      our vulnerability to economic downturns or other adverse developments      relative to less leveragedcompetitors; |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------|

|   | · | limiting      our ability to obtain additional financing for working capital, capital      expenditures, acquisitions or other corporate purposes in the future;      and |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | · | increasing      our cost of borrowing to satisfy businessneeds. |
|--------|--------|-----------------------------------------------------------------|

|   | · | incur      or guarantee additionalindebtedness; |
|--------|--------|-------------------------------------------------|

|   | · | make      restricted payments, including dividends and prepaying      indebtedness; |
|--------|--------|-------------------------------------------------------------------------------------|

|   | · | create      or permit certain liens; |
|--------|--------|--------------------------------------|

|   | · | enter      into business combinations and asset sale  transactions; |
|--------|--------|---------------------------------------------------------------------|

|   | · | make      investments, including capitalexpenditures; |
|--------|--------|-------------------------------------------------------|

|   | · | amend      organizational documents and change accounting  methods; |
|--------|--------|---------------------------------------------------------------------|

|   | · | enter      into transactions with affiliates;and |
|--------|--------|--------------------------------------------------|

|   | · | enter      into new businesses. |
|--------|--------|---------------------------------|

----

----

----

Item 1B.  Unresolved StaffComments

Item 2.  Properties

Item 3.  Legal Proceedings

----

Item 5.  Market for Registrant’s Common Equity, RelatedShareholder Matters and Issuer Purchases of Equity Securities

| 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | High   |   | Low    |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|
| First      Quarter                                                                                             | $      | 5.48   |   | $ | 1.54 |
| Second      Quarter                                                                                            |   | 5.56   |   |   | 2.76 |
| Third      Quarter                                                                                             |   | 7.20   |   |   | 3.60 |
| Fourth      Quarter                                                                                            |   | 9.42   |   |   | 6.56 |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |   |   |
| 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  | High   |   | Low    |
| First      Quarter                                                                                             | $      | 18.16  |   | $ | 9.66 |
| Second      Quarter                                                                                            |   | 13.04  |   |   | 9.21 |
| Third      Quarter                                                                                             |   | 10.67  |   |   | 7.50 |
| Fourth      Quarter                                                                                            |   | 7.76   |   |   | 2.24 |

----

|                                        |   |   |   |          Years ended |   |
|---------------------------------------------|--------|--------|--------|-------------------------------------|--------|
|                                        |   | 2004   | 2005   | 2006                                | 2007   | 2008 | 2009 |
| Cenveo                                      |   | 100.00 | 424.52 | 683.87                              | 563.55 | 143.55 | 282.26 |
| S&P      500 Index                      | 100.00 | 104.83 | 121.20 | 127.87                              | 81.12  | 102.15 |
| S&P      1500 Commercial Printing Index | 100.00 | 96.97  | 107.24 | 116.08                              | 47.83  | 73.04 |

----

Item 6.  Selected Financial Data

|                                                                            | Years      Ended    |      |
|---------------------------------------------------------------------------------|---------------------|-----------|
| Statement      of Operations:                                                   | January      2,2010 |      | January      3,2009 |   | December      29, 2007 |   | December      30, 2006 |   | December      31, 2005 |   |
| Net      sales                                                                  | $                   | 1,714,631 |   | $ | 2,098,694 |   | $ | 2,046,716 |   | $ | 1,511,224 |   | $ | 1,594,781 |   |
| Restructuring,      impairment and other      charges                           |                | 68,034    |   |   | 399,066 |  (1) |   | 40,086 |   |   | 41,096 |   |   | 77,254 |   |
| Operating      income (loss)                                                    |                | 32,188    |   |   | (223,546 | )      (1) |   | 137,550 |   |   | 63,395 |   |   | (26,310 | ) |
| (Gain)      loss on early extinguishment of      debt                           |                | (16,917   | ) |   | (14,642 | )  |   | 9,256 |   |   | 32,744 |   |   | — |   |
| Income      (loss) from continuing operations                                   |                | (39,837   | ) |   | (296,976 | )(2) |   | 23,985 |   |   | (11,148 | ) |   | (148,101 | ) |
| Income      (loss) from discontinued operations,      net of taxes              |                | 8,898     |   |   | (1,051 | ) |   | 16,796 | (3) |   | 126,519 | (4) |   | 13,049 |   |
| Net      income (loss)                                                          |                | (30,939   | ) |   | (298,027 | )(2)  |   | 40,781 | (3) |   | 115,371 | (4) |   | (135,052 | ) |
| Income      (loss) per share from continuing operations:                   |                |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Basic                                                   |                | (0.70     | ) |   | (5.51 | ) |   | 0.45 |   |   | (0.21 | ) |   | (2.96 | ) |
|     Diluted                                                 |                | (0.70     | ) |   | (5.51 | ) |   | 0.44 |   |   | (0.21 | ) |   | (2.96 | ) |
| Income      (loss) per share from discontinued operations:                 |                |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Basic                                                   |                | 0.16      |   |   | (0.02 | ) |   | 0.31 |   |   | 2.38 |   |   | 0.26 |   |
|     Diluted                                                 |                | 0.16      |   |   | (0.02 | ) |   | 0.31 |   |   | 2.38 |   |   | 0.26 |   |
| Net      income (loss) per share:                                               |                |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Basic                                                   |                | (0.54     | ) |   | (5.53 | ) |   | 0.76 |   |   | 2.17 |   |   | (2.70 | ) |
|     Diluted                                                 |                | (0.54     | ) |   | (5.53 | ) |   | 0.75 |   |   | 2.17 |   |   | (2.70 | ) |
|                                                                            |                |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Balance      Sheet data:                                                        |                |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|     Total      assets                                       |                | 1,525,773 |   |   | 1,552,114 |   |   | 2,002,722 |   |   | 999,892 |   |   | 1,079,564 |   |
|     Total      long-term debt, including current maturities |                | 1,233,917 |   |   | 1,306,355 |   |   | 1,444,637 |   |   | 675,295 |   |   | 812,136 |   |
|                                                                            |                |      |   |   |   |   |   |   |   |   |   |   |   |   |   |   |

|   | (1)    Includes      $372.8 million pre-tax goodwill impairment  charges. |
|--------|-----------------------------------------------------------------------------------------------|

|   | (2)    Includes      $330.7 million goodwill impairment charges, net of tax benefit of $42.1      million. |
|--------|--------------------------------------------------------------------------------------------------------------------------------|

|   | (3)    Includes      a $17.0 million gain on a disposal of discontinued operations, net of      taxes of $8.4 million. |
|--------|--------------------------------------------------------------------------------------------------------------------------------------------|

|   | (4)    Includes      a $113.5 million gain on a disposal of discontinued operations, net of      taxes of $22.5 million. |
|--------|----------------------------------------------------------------------------------------------------------------------------------------------|

----

Item 7.  Management’s Discussion and Analysis ofFinancial Condition and Results of Operations

----

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | Years      Ended                             |      |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------------------------------|-----------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | January      2, 2010                    |      |   | January      3,2009 |   |   | December      29,2007 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   | (in      thousands, except per share amount) |      |
| Net      sales                                                                                                            |   | $                                            | 1,714,631 |   |   | $ | 2,098,694 |   |   | $ | 2,046,716 |   |
| Operating      income (loss):                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                         |      |   |   |   |   |   |   |   |   |   |
| Envelopes,      forms and      labels                                                                                                              |   | $                                            | 77,200    |   |   | $ | (40,979 | ) |   | $ | 117,342 |   |
| Commercial      printing                                                                                                                           |   |                                         | (6,397    | ) |   |   | (136,828 | ) |   |   | 55,085 |   |
| Corporate                                                                                                                                          |   |                                         | (38,615   | ) |   |   | (45,739 | ) |   |   | (34,877 | )  |
| Total      operating income      (loss)                                                                                   |   |                                         | 32,188    |   |   |   | (223,546 | ) |   |   | 137,550 |   |
| Gain      on sale of non-strategic businesses                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                         | —   |   |   |   | — |   |   |   | (189 | )  |
| Interest      expense,      net                                                                                                                    |   |                                         | 106,063   |   |   |   | 107,321 |   |   |   | 91,467 |   |
| (Gain)      loss on early extinguishment of debt                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                                         | (16,917   | ) |   |   | (14,642 | ) |   |   | 9,256 |   |
| Other      (income) expense,      net                                                                                                              |   |                                         | (1,368    | ) |   |   | (637 | ) |   |   | 3,131 |   |
| Income      (loss) from continuing operations before income taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                                         | (55,590   | ) |   |   | (315,588 | ) |   |   | 33,885 |   |
| Income      tax expense      (benefit)                                                                                                             |   |                                         | (15,753   | )  |   |   | (18,612 | ) |   |   | 9,900 |   |
| Income      (loss) from continuing operations                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                         | (39,837   | ) |   |   | (296,976 | ) |   |   | 23,985 |   |
| Income      (loss) from discontinued operations, net of taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                                         | 8,898     |   |   |   | (1,051 | ) |   |   | 16,796 |   |
| Net      income      (loss)                                                                                               |   | $                                            | (30,939   | ) |   | $ | (298,027 | ) |   | $ | 40,781 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |                                         |      |   |   |   |   |   |   |   |   |   |
| Income      (loss) per share—basic:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |                                         |      |   |   |   |   |   |   |   |   |   |
| Continuing      operations                                                                                                                         |   | $                                            | (0.70     | ) |   | $ | (5.51 | ) |   | $ | 0.45 |   |
| Discontinued      operations                                                                                                                       |   |                                         | 0.16      |   |   |   | (0.02 | ) |   |   | 0.31 |   |
| Net      income      (loss)                                                                                                                        |   | $                                            | (0.54     | ) |   | $ | (5.53 | ) |   | $ | 0.76 |   |
| Income      (loss) per share—diluted:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                                         |      |   |   |   |   |   |   |   |   |   |
| Continuing      operations                                                                                                                         |   | $                                            | (0.70     | ) |   | $ | (5.51 | ) |   | $ | 0.44 |   |
| Discontinued      operations                                                                                                                       |   |                                         | 0.16      |   |   |   | (0.02 | ) |   |   | 0.31 |   |
| Net      income      (loss)                                                                                                                        |   | $                                            | (0.54     | ) |   | $ | (5.53 | ) |   | $ | 0.75 |   |

----

|                                                     |                |                                                                    | Years      Ended    |   |                   |    |
|----------------------------------------------------------|---------------------|-------------------------------------------------------------------------|---------------------|--------|------------------------|---------|
|                                                     | January      2,2010 |                                                                    | January      3,2009 |   | December      29, 2007 |    |
|                                                     | (in      thousands) |                                                                    |
| Income      tax expense (benefit) for U.S. operations    | $                   | (18,342                                                                 | )                   | $      | (17,969                | )       | $ | 11,903 |   |
| Income      tax expense (benefit) for foreign operations |                |            2,589 |                |   | (643                   | )  |   | (2,003 | )  |
| Income      tax expense (benefit)                        | $                   |        (15,753                       | )                   | $      | (18,612                | )       | $ | 9,900 |   |
| Effective      income tax rate                           |                |            (28.3 | )%                  |   | (5.9                   | )%      |   | 29.2 | % |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Years      Ended          |    |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | January      2, 2010 |    | January      3, 2009 |   | December      29, 2007 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | (in      thousands)       |    |
| Segment      net      sales                                                                                                   | $                         | 819,399 |   | $ | 916,145 |   | $ | 897,722 |   |
| Segment      operating income      (loss)                                                                                     | $                         | 77,200  |   | $ | (40,979 | )  | $ | 117,342 |   |
| Operating      income (loss)      margin                                                                                      |                      | 9.4     | % |   | (4.5 | )% |   | 13.1 | % |
| Items      included in segment operating income:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                      |    |   |   |   |   |   |   |   |
|        Restructuring      and impairment charges                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | $                         | 17,405  |   | $ | 174,178 |   | $ | 11,350 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | Years      Ended          |    |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------------|---------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | January      2, 2010 |    | January      3, 2009 |   | December      29, 2007 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              | (in      thousands)       |    |
| Segment      net      sales                                                                                                   | $                         | 895,232 |   | $ | 1,182,549 |   | $ | 1,148,994 |   |
| Segment      operating income      (loss)                                                                                     | $                         | (6,397) |   | $ | (136,828 | ) | $ | 55,085 |   |
| Operating      income (loss)      margin                                                                                      |                      | (0.7)   | % |   | (11.6 | )% |   | 4.8 | % |
| Items      included in segment operating income:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |                      |    |   |   |   |   |   |   |   |
|        Restructuring      and impairment charges                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | $                         | 48,744  |   | $ | 217,568 |   | $ | 28,279 |   |

----

----

----

| Payments      Due                                                                                                                                                                                                                                    |   |   | Long-TermDebt(1) |   |    | OperatingLeases |   |    | Other      (2) |   |    | Total     |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|------------------|--------|---------|-----------------|--------|---------|----------------|--------|---------|-----------|--------|
| 2010                                              |   | $      | 109,894          |   | $  | 25,026          |   | $  | 47,234         |   | $  | 182,154   |   |
| 2011                                              |   |   | 93,339           |   |    | 20,253          |   |    | 24,072         |   |    | 137,664   |   |
| 2012                                              |   |   | 110,476          |   |    | 14,781          |   |    | 2,497          |   |    | 127,754   |   |
| 2013                                              |   |   | 1,021,314        |   |    | 11,327          |   |    | 1,754          |   |    | 1,034,395 |   |
| 2014                                              |   |   | 55,270           |   |    | 7,099           |   |    | 1,409          |   |    | 63,778    |   |
| Thereafter                                        |   |   | 184,262          |   |    | 12,508          |   |    | 4,604          |   |    | 201,374   |   |
| Total                                             |   | $      | 1,574,555        |   | $       | 90,994          |   | $       | 81,570         |   | $       | 1,747,119 |   |

| (1) | Includes      $340.6 million of estimated interest expense over the term of our      long-term debt, with variable rate debt having an average interest rate of      approximately 4.7%. |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Includes      pension and other postretirement contributions of $10.6 million,      anticipated worker’s compensation paid losses of $13.6 million,      restructuring related liabilities of $28.1 million, including interest      expense on lease terminations, income tax contingencies of $10.4 million,      derivative liabilities of $16.9 million, and purchase commitments for      equipment of $2.0 million. Excluded from the table are $3.5 million income      tax contingencies as we are unable to reasonably estimate the ultimate      amount payable or timing ofsettlement. |
|-----|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

----

----

| Rating Agency                    |   | CorporateRating |   |  AmendedCreditFacilities |   | 87⁄8%Notes |   | 101⁄2%Notes |   | 77⁄8%Notes |   | 83⁄8%Notes |   | Outlook  |   |   | Last Update       |   |
|----------------------------------|--------|-----------------|--------|-------------------------------|--------|----------------|--------|----------------|--------|----------------|--------|----------------|--------|----------|--------|--------|-------------------|--------|
| Moody’s                    |   | B2              |   | Ba2                           |   | B2             |   | B3             |   | Caa1           |   | Caa1           |   | Negative |   |   | January      2010 |   |
| Standard      & Poor’s |   | B+              |   | BB                            |   | B              |   | B-             |   | B-             |   | B-             |   | Negative |   |   | January      2010 |   |

----

----

----

----

Item 7A.   Quantitative and Qualitative DisclosuresAbout Market Risk

----

Item 8.   Financial Statements and SupplementaryData

----

----

|                                                                                                                                                                                            |   |            |      |
|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-----------------|-----------|
|                                                                                                                                                                                            |   | January      2, |      | January      3, |   |
|                                                                                                                                                                                            |   | 2010            |      | 2009 |   |
| Assets                                                                                                                                                                                          |   |            |      |   |   |   |   |
| Current      assets:                                                                                                                                                                            |   |            |      |   |   |   |   |
|     Cash      and cash equivalents                                                                                                                                          |   | $               | 10,796    |   | $ | 10,444 |   |
|     Accounts      receivable, net                                                                                                                                           |   |            | 268,563   |   |   | 270,145 |   |
|     Inventories                                                                                                                                                             |   |            | 145,228   |   |   | 159,569 |   |
|     Prepaid      and other current assets                                                                                                                                   |   |            | 64,843    |   |   | 74,890 |   |
|         Total      current assets                                                                                                                       |   |            | 489,430   |   |   | 515,048 |   |
|                                                                                                                                                                                            |   |            |      |   |   |   |   |
| Property,      plant and equipment, net                                                                                                                                                         |   |            | 387,879   |   |   | 420,457 |   |
| Goodwill                                                                                                                                                                                        |   |            | 319,756   |   |   | 311,183 |   |
| Other      intangible assets, net                                                                                                                                                               |   |            | 295,418   |   |   | 276,944 |   |
| Other      assets, net                                                                                                                                                                          |   |            | 33,290    |   |   | 28,482 |   |
|     Total      assets                                                                                                                                                       |   | $               | 1,525,773 |   | $ | 1,552,114 |   |
| Liabilities      and Shareholders’ Deficit                                                                                                                                                |   |            |      |   |   |   |   |
|                                                                                                                                                                                            |   |            |      |   |   |   |   |
| Current      liabilities:                                                                                                                                                                       |   |            |      |   |   |   |   |
|     Current      maturities of long-term debt                                                                                                                               |   | $               | 15,057    |   | $ | 24,314 |   |
|     Accounts      payable                                                                                                                                                   |   |            | 183,940   |   |   | 174,435 |   |
|     Accrued      compensation and related liabilities                                                                                                                       |   |            | 29,841    |   |   | 37,319 |   |
|     Other      current liabilities                                                                                                                                          |   |            | 98,079    |   |   | 88,870 |   |
|         Total      current liabilities                                                                                                                  |   |            | 326,917   |   |   | 324,938 |   |
|                                                                                                                                                                                            |   |            |      |   |   |   |   |
| Long-term      debt                                                                                                                                                                             |   |            | 1,218,860 |   |   | 1,282,041 |   |
| Deferred      income taxes                                                                                                                                                                      |   |            | 5,004     |   |   | 26,772 |   |
| Other      liabilities                                                                                                                                                                          |   |            | 151,502   |   |   | 139,318 |   |
| Commitments      and contingencies                                                                                                                                                              |   |            |      |   |   |   |   |
| Shareholders’      deficit:                                                                                                                                                               |   |            |      |   |   |   |   |
|     Preferred      stock, $0.01 par value; 25 shares authorized, no      shares issued                                                                                      |   |            | —   |   |   | — |   |
| Common      stock, $0.01 par value; 100,000 shares authorized, 62,033      and 54,245 shares issued and outstanding      as of January      2, 2010 and January 3, 2009, respectively |   |            | 620       |   |   | 542 |   |
|     Paid-in      capital                                                                                                                                                    |   |            | 331,051   |   |   | 271,821 |   |
|     Retained      deficit                                                                                                                                                   |   |            | (477,905  | ) |   | (446,966 | ) |
|     Accumulated      other comprehensive loss                                                                                                                               |   |            | (30,276   | )  |   | (46,352 | )  |
|         Total      shareholders’ deficit                                                                                                          |   |            | (176,510  | )  |   | (220,955 | ) |
|     Total      liabilities and shareholders’ deficit                                                                                                                  |   | $               | 1,525,773 |   | $ | 1,552,114 |   |

----

|                                                                                          |   | Years      Ended |      |
|-----------------------------------------------------------------------------------------------|--------|------------------|-----------|
|                                                                                          |   | January      2,  |      | January      3, |   | December      29, |   |
|                                                                                          |   | 2010             |      | 2009 |   | 2007 |   |
| Net      sales                                                                                |   | $                | 1,714,631 |   | $ | 2,098,694 |   | $ | 2,046,716 |   |
| Cost      of sales                                                                            |   |             | 1,394,778 |   |   | 1,671,185 |   |   | 1,628,706 |   |
| Selling,      general and administrative expenses                                             |   |             | 209,578   |   |   | 242,981 |   |   | 229,961 |   |
| Amortization      of intangible assets                                                        |   |             | 10,053    |   |   | 9,008 |   |   | 10,413 |   |
| Restructuring,      impairment and other charges                                              |   |             | 68,034    |   |   | 399,066 |   |   | 40,086 |   |
|   Operating      income (loss)                                                      |   |             | 32,188    |   |   | (223,546 | )  |   | 137,550 |   |
| Gain      on sale of non-strategic businesses                                                 |   |             | —   |   |   | — |   |   | (189 | )  |
| Interest      expense, net                                                                    |   |             | 106,063   |   |   | 107,321 |   |   | 91,467 |   |
| (Gain)      loss on early extinguishment of debt                                              |   |             | (16,917   | )  |   | (14,642 | )  |   | 9,256 |   |
| Other      (income) expense, net                                                              |   |             | (1,368    | ) |   | (637 | ) |   | 3,131 |   |
|   Income      (loss) from continuing operations before income taxes                 |   |             | (55,590   | ) |   | (315,588 | )  |   | 33,885 |   |
| Income      tax expense (benefit)                                                             |   |             | (15,753   | ) |   | (18,612 | )  |   | 9,900 |   |
|   Income      (loss) from continuing operations                                     |   |             | (39,837   | ) |   | (296,976 | )  |   | 23,985 |   |
| Income      (loss) from discontinued operations, net of taxes                                 |   |             | 8,898     |   |   | (1,051 | )  |   | 16,796 |   |
|   Net      income (loss)                                                            |   | $                | (30,939   | ) | $ | (298,027 | )  | $ | 40,781 |   |
| Income      (loss) per share—basic:    Continuing      operations   |   | $                | (0.70     | ) | $ | (5.51 | ) | $ | 0.45 |   |
|     Discontinued      operations                                          |   |             | 0.16      |   |   | (0.02 | )  |   | 0.31 |   |
|     Net      income (loss)                                                |   | $                | (0.54     | )  | $ | (5.53 | )  | $ | 0.76 |   |
| Income      (loss) per share—diluted:    Continuing      operations |   | $                | (0.70     | ) | $ | (5.51 | )  | $ | 0.44 |   |
|     Discontinued      operations                                          |   |             | 0.16      |   |   | (0.02 | )  |   | 0.31 |   |
|     Net      income (loss)                                                |   | $                | (0.54     | )  | $ | (5.53 | )  | $ | 0.75 |   |
| Weighted      average shares:                                                                 |   |             |      |   |   |   |   |   |   |   |
|     Basic                                                                 |   |             | 56,787    |   |   | 53,904 |   |   | 53,584 |   |
|     Diluted                                                               |   |             | 56,787    |   |   | 53,904 |   |   | 54,645 |   |

----

|                                                                                                                      | Years      Ended |    |
|---------------------------------------------------------------------------------------------------------------------------|------------------|---------|
|                                                                                                                      | January      2,  |    | January      3, |   | December      29, |   |
|                                                                                                                      | 2010             |    | 2009 |   | 2007 |   |
| Cash      flows from operating activities:                                                                                |             |    |   |   |   |   |   |   |   |
|   Net      income (loss)                                                                                        | $                | (30,939 | ) | $ | (298,027 | ) | $ | 40,781 |   |
|   Adjustments      to reconcile net income (loss) to net cash provided      by operating activities:            |             |    |   |   |   |   |   |   |   |
|       Gain      on sale of discontinued operations, net of taxes                            |             | — |   |   | — |   |   | (17,007 | )  |
|       Loss      (income) from discontinued operations, net of taxes                         |             | (8,898  | ) |   | 1,051 |   |   | 211 |   |
|       Depreciation                                                                          |             | 56,350  |   |   | 65,001 |   |   | 55,095 |   |
|       Amortization      of other intangible assets                                          |             | 10,053  |   |   | 9,008 |   |   | 10,413 |   |
|       Non-cash      interest expense, net                                                   |             | 2,304   |   |   | 1,773 |   |   | 1,410 |   |
|       Deferred      income taxes                                                            |             | (17,573 | ) |   | (24,287 | ) |   | 8,763 |   |
|       Non-cash      restructuring, impairment and other charges, net                        |             | 32,204  |   |   | 378,688 |   |   | 19,729 |   |
|       (Gain)      loss on early extinguishment of debt                                      |             | (16,917 | ) |   | (14,642 | )  |   | 9,256 |   |
|       Provisions      for bad debts                                                         |             | 5,428   |   |   | 4,660 |   |   | 5,363 |   |
|       Provisions      for inventory obsolescence                                            |             | 3,895   |   |   | 902 |   |   | 2,851 |   |
|       Stock-based      compensation provision                                               |             | 14,274  |   |   | 18,140 |   |   | 10,280 |   |
|       (Gain)      loss on disposal of assets                                                |             | (5,006  | ) |   | (4,364 | )  |   | (369 | ) |
|       (Gain)      loss on sale of non-strategic businesses                                  |             | — |   |   | — |   |   | (189 | )  |
|       Other      non-cash charges, net                                                      |             | — |   |   | 3,350 |   |   | — |   |
| Changes      in operating assets and liabilities, excluding the effects      of acquired businesses:                 |             |    |   |   |   |   |   |   |   |
|       Accounts      receivable                                                              |             | 21,620  |   |   | 70,376 |   |   | (6,086 | )  |
|       Inventories                                                                           |             | 33,075  |   |   | 5,198 |   |   | 1,193 |   |
|       Accounts      payable and accrued compensation and related liabilities                |             | (19,672 | ) |   | (2,928 | ) |   | (9,101 | ) |
|       Other      working capital changes                                                    |             | (3,110  | ) |   | 1,454 |   |   | (36,580 | )  |
|       Other,      net                                                                       |             | (5,036  | ) |   | (5,505 | ) |   | (9,805 | )  |
| Net      cash provided by continuing operating activities                                                                 |             | 72,052  |   |   | 209,848 |   |   | 86,208 |   |
| Net      cash provided by discontinued operating activities                                                               |             | — |   |   | — |   |   | 2,198 |   |
| Net      cash provided by operating activities                                                                            |             | 72,052  |   |   | 209,848 |   |   | 88,406 |   |
| Cash      flows from investing activities:                                                                                |             |    |   |   |   |   |   |   |   |
|       Capital      expenditures                                                             |             | (25,227 | ) |   | (49,243 | ) |   | (31,538 | ) |
|       Cost      of business acquisitions, net of cash acquired                              |             | (3,189  | ) |   | (47,412 | ) |   | (627,304 | ) |
|       Acquisition      payments                                                             |             | — |   |   | (3,653 | ) |   | (3,653 | ) |
|       Proceeds      from sale of property, plant and equipment                              |             | 14,619  |   |   | 18,258 |   |   | 8,949 |   |
|       Proceeds      from sale of investment                                                 |             | 4,032   |   |   | — |   |   | — |   |
|       Proceeds      from divestitures, net                                                  |             | — |   |   | — |   |   | 431 |   |
| Net      cash used in investing activities of continuing operations                                                       |             | (9,765  | ) |   | (82,050 | ) |   | (653,115 | ) |
|       Proceeds      from the sale of discontinued operations                                |             | — |   |   | — |   |   | 73,628 |   |
| Net      cash provided by investing activities of discontinued      operations                                            |             | — |   |   | — |   |   | 73,628 |   |
| Net      cash used in investing activities                                                                           |             | (9,765  | ) |   | (82,050 | ) |   | (579,487 | ) |
| Cash      flows from financing activities:                                                                                |             |    |   |   |   |   |   |   |   |
|       Repayments      of term loans                                                         |             | (24,594 | ) |   | (7,200 | ) |   | (4,900 | ) |
|       Repayment      of 83⁄8% senior subordinated notes                                 |             | (23,024 | ) |   | (19,567 | ) |   | (20,880 | ) |
|       Repayments      of other long-term debt                                               |             | (12,178 | ) |   | (18,933 | ) |   | (29,053 | ) |
|       Payment      of amendment and debt issuance costs                                     |             | (7,296  | ) |   | (5,297 | ) |   | (5,906 | ) |
|       Repayment      of 77⁄8% senior subordinated notes                                 |             | (4,295  | ) |   | (10,561 | ) |   | — |   |
|       Repayment      of 101⁄2% senior notes                                              |             | (3,250  | ) |   | — |   |   | — |   |
|       Purchase      and retirement of common stock upon vesting of RSUs                     |             | (2,043  | ) |   | (1,054 | ) |   | (1,302 | ) |
|       Borrowings      (repayment) under revolving credit facility, net                      |             | 14,500  |   |   | (83,200 | ) |   | 75,700 |   |
|       Proceeds      from exercise of stock options                                          |             | 532     |   |   | 1,876 |   |   | 304 |   |
|            Repayment of senior unsecured loan                                                    |             | — |   |   | (175,000 | ) |   | — |   |
|       Tax      (liability) asset from stock-based compensation                              |             | — |   |   | (1,377 | ) |   | 67 |   |
|       Payment      of refinancing or repurchase fees, redemption premiums and      expenses |             | (94     | )  |   | (130 | ) |   | (8,045 | )  |
|       Proceeds      from issuance of 101⁄2% senior notes                                 |             | — |   |   | 175,000 |   |   | — |   |
|       Proceeds      from issuance of other long-term debt                                   |             | — |   |   | 12,927 |   |   | — |   |
|       Proceeds      from issuance of term loans                                             |             | — |   |   | — |   |   | 720,000 |   |
|       Proceeds      from senior unsecured loan                                              |             | — |   |   | — |   |   | 175,000 |   |
|       Repayment      of term loan B                                                         |             | — |   |   | — |   |   | (324,188 | )  |
|       Repayment      of Cadmus revolving senior bank credit facility                        |             | — |   |   | — |   |   | (70,100 | ) |
|            Repayment of 95⁄8% senior notes                                                   |             | — |   |   | — |   |   | (10,498 | ) |
| Net      cash (used in) provided by financing activities                                                                  |             | (61,742 | ) |   | (132,516 | ) |   | 496,199 |   |
| Effect      of exchange rate changes on cash and cash equivalents      of continuing operations                      |             | (193    | ) |   | (720 | )  |   | 206 |   |
| Net      increase (decrease) in cash and cash equivalents                                                                 |             | 352     |   |   | (5,438 | )  |   | 5,324 |   |
| Cash      and cash equivalents at beginning of year                                                                       |             | 10,444  |   |   | 15,882 |   |   | 10,558 |   |
| Cash      and cash equivalents at end of year                                                                             | $                | 10,796  |   | $ | 10,444 |   | $ | 15,882 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | CommonStock |   |   | Paid-InCapital |   |   | RetainedDeficit |   |   | AccumulatedOtherComprehensive(Loss)      Income |   |   | TotalShareholders’Equity(Deficit) |     |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|-------------|--------|--------|----------------|--------|--------|-----------------|--------|--------|-------------------------------------------------|--------|--------|-----------------------------------------|----------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | Shares      |   |   | Amount         |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |
| Balance      as of December 30, 2006                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |        | 53,515 |   |           | $      | 535    |            |   | $      | 244,894                                         |   |   | $                                       | (189,720 | ) |   | $ | 2,748 |   |   | $ | 58,457 |   |
| Comprehensive      income (loss):                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   |   |   |
| Net      income                                                                                                                             |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    | 40,781   |   |   |   |   |   |   |   | 40,781 |   |
| Other      comprehensive income (loss):                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   |   |   |
|   Pension      liability adjustment, net of tax expense of $145                                                                                                                                                                                                                                                                                                                                                                                                                            |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | (2,131 | ) |   |   | (2,131 | )  |
|   Unrealized      loss on cash flow hedges, net of tax benefit of $4,985                                                                                                                                                                                                                                                                                                                                                                                                                   |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | (7,780 | ) |   |   | (7,780 | ) |
|   Currency      translation adjustment                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | 6,151 |   |   |   | 6,151 |   |
|   Reclassifications      to earnings on sale of discontinued operations:                                                                                                                                                                                                                                                                                                                                                                                                              |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   |   |   |
|     Currency      translation adjustment                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | (5,501 | ) |   |   | (5,501 | ) |
|     Other      comprehensive      loss                                                                                  |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   | (9,261 | )  |
|       Total      comprehensive income                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   | 31,520 |   |
| Exercise      of stock      options                                                                                                         |   |        |   |   |           |   |   |            |   |   | 304                                             |   |   |                                    |     |   |   |   |   |   |   |   | 304 |   |
| Purchase      and retirement of common stock upon vesting of RSUs                                                                                                                                                                                                                                                                                                                                                                                                                               |   |        |   |   |           |   | 2      |            |   |   | (1,304                                          | )      |   |                                    |     |   |   |   |   |   |   |   | (1,302 | )  |
| Amortization      of stock based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |        |   |   |           |   |   |            |   |   | 10,280                                          |   |   |                                    |     |   |   |   |   |   |   |   | 10,280 |   |
| Excess      tax benefit from stock based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                |   |        |   |   |           |   |   |            |   |   | 67                                              |   |   |                                    |     |   |   |   |   |   |   |   | 67 |   |
| Balance      as of December 29, 2007                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |        | 53,700 |   |           |   | 537    |            |   |   | 254,241                                         |   |   |                                    | (148,939 | ) |   |   | (6,513 | )  |   |   | 99,326 |   |
| Comprehensive      income (loss):                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   |   |   |
| Net      loss                                                                                                                               |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    | (298,027 | ) |   |   |   |   |   |   | (298,027 | ) |
| Other      comprehensive income (loss):                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   |   |   |
|   Pension      liability adjustment, net of tax benefit of $14,586                                                                                                                                                                                                                                                                                                                                                                                                                         |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | (22,614 | ) |   |   | (22,614 | ) |
|   Unrealized      loss on cash flow hedges, net of tax benefit of $5,115                                                                                                                                                                                                                                                                                                                                                                                                                   |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | (7,731 | ) |   |   | (7,731 | ) |
|   Currency      translation adjustment                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | (8,508 | ) |   |   | (8,508 | ) |
|   Reclassifications      of currency translation adjustment to earnings resulting        from goodwill      impairment charges                                                                                                                                                                                                                                                                                                                                                   |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | (986 | ) |   |   | (986 | )  |
|     Other      comprehensive      loss                                                                                  |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   | (39,839 | ) |
|       Total      comprehensive      loss                                                                      |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   | (337,866 | )  |
| Exercise      of stock      options                                                                                                         |   |        |   |   |           |   | 5      |            |   |   | 1,871                                           |   |   |                                    |     |   |   |   |   |   |   |   | 1,876 |   |
| Purchase      and retirement of common stock upon vesting of RSUs                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |        |   |   |           |   |   |            |   |   | (1,054                                          | )      |   |                                    |     |   |   |   |   |   |   |   | (1,054 | ) |
| Amortization      of stock based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |        |   |   |           |   |   |            |   |   | 18,140                                          |   |   |                                    |     |   |   |   |   |   |   |   | 18,140 |   |
| Excess      tax benefit from stock based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                           |   |        |   |   |           |   |   |            |   |   | (1,377                                          | )      |   |                                    |     |   |   |   |   |   |   |   | (1,377 | )  |
| Balance      as of January 3, 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |        | 54,245 |   |           |   | 542    |            |   |   | 271,821                                         |   |   |                                    | (446,966 | )  |   |   | (46,352 | )  |   |   | (220,955 | )  |
| Comprehensive      income (loss):                                                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   |   |   |
| Net      loss                                                                                                                               |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    | (30,939  | ) |   |   |   |   |   |   | (30,939 | ) |
| Other      comprehensive income (loss):                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   |   |   |
|   Pension      liability adjustment, net of tax expense of $2,704                                                                                                                                                                                                                                                                                                                                                                                                                          |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | 4,618 |   |   |   | 4,618 |   |
|   Unrealized      loss on cash flow hedges, net of tax expense of $4,666                                                                                                                                                                                                                                                                                                                                                                                                                   |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | 7,020 |   |   |   | 7,020 |   |
|   Currency      translation adjustment                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   | 4,438 |   |   |   | 4,438 |   |
|     Other      comprehensive      loss                                                                                  |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   | 16,076 |   |
|       Total      comprehensive      loss                                                                      |   |        |   |   |           |   |   |            |   |   |                                            |   |   |                                    |     |   |   |   |   |   |   |   | (14,863 | )  |
| Exercise      of stock      options                                                                                                         |   |        |   |   |           |   |   |            |   |   | 532                                             |   |   |                                    |     |   |   |   |   |   |   |   | 532 |   |
| Common      stock issued in connection with Nashua Corporation    acquisition                                                                                                                                                                                                                                                                                                                                                                                                                        |   |        |   |   |           |   | 71     |            |   |   | 46,474                                          |   |   |                                    |     |   |   |   |   |   |   |   | 46,545 |   |
| Purchase      and retirement of common stock upon vesting of RSUs                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |        |   |   |           |   | 7      |            |   |   | (2,050                                          | )      |   |                                    |     |   |   |   |   |   |   |   | (2,043 | ) |
| Amortization      of stock based compensation                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |        |   |   |           |   |   |            |   |   | 14,274                                          |   |   |                                    |     |   |   |   |   |   |   |   | 14,274 |   |
| Balance      as of January 2, 2010                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |        | 62,033 |   |           | $      | 620    |            |   | $      | 331,051                                         |   |   | $                                       | (477,905 | ) |   | $ | (30,276 | ) |   | $ | (176,510 | ) |

----

----

----

| Level 1 — | Valuations based on      quoted prices for identical assets and liabilities in active      markets.                                                                                                                                                                                                                                                                          |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| Level 2 — | Valuations      based on observable inputs other than quoted prices included in Level 1,      such as quoted prices for similar assets and liabilities in active      markets, quoted prices for identical or similar assets and liabilities in      markets that are not active, or other inputs that are observable or can be      corroborated by observable market data. |
| Level 3 — | Valuations      based on unobservable inputs reflecting the Company’s own assumptions,      consistent with reasonably available assumptions made by other market      participants.                                                                                                                                                                                   |

----

----

----

|                                                                     |   | As      ofSeptember      15, 2009 |    |
|--------------------------------------------------------------------------|--------|-----------------------------------|---------|
| Accounts      receivable, net                                            |   | $                                 | 24,056  |   |
| Other      current assets                                                |   |                              | 29,045  |   |
| Property,      plant and equipment                                       |   |                              | 27,985  |   |
| Goodwill                                                                 |   |                              | 8,423   |   |
| Other      intangible assets                                             |   |                              | 29,600  |   |
| Other      assets                                                        |   |                              | 2,960   |   |
| Total      assets acquired                                               |   |                              | 122,069 |   |
| Current      liabilities, excluding current maturities of long-term debt |   |                              | 25,990  |   |
| Current      maturities of long-term debt                                |   |                              | 2,800   |   |
| Other      liabilities                                                   |   |                              | 42,617  |   |
|     Total      liabilities assumed                   |   |                              | 71,407  |   |
| Net      assets acquired                                                 |   |                              | 50,662  |   |
| Less      cash acquired                                                  |   |                              | (1,001) |   |
| Cost      of Nashua acquisition, net of cash acquired                    |   | $                                 | 49,661  |   |

|                                                     |   | Years      Ended |      |
|----------------------------------------------------------|--------|------------------|-----------|
|                                                     |   | 2009             |      |   | 2008 |   |
|                                                     |   | AsReported       |      |   | ProForma |   |   | AsReported |   |   | ProForma |   |
| Net      sales                                           |   | $                | 1,714,631 |   |   | $ | 1,887,748 |   |   | $ | 2,098,694 |   |   | $ | 2,363,597 |   |
| Operating      income (loss)                             |   |             | 32,188    |   |   |   | 31,347 |   |   |   | (223,546 | ) |   |   | (241,645 | ) |
| Income      (loss) from continuing operations            |   |             | (39,837   | ) |   |   | (40,673 | ) |   |   | (296,976 | ) |   |   | (318,025 | ) |
| Net      income (loss)                                   |   |             | (30,939   | ) |   |   | (31,775 | ) |   |   | (298,027 | ) |   |   | (319,076 | ) |
| Income      (loss) per share – basic and diluted:  |   |             |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Continuing      operations |   | $                | (0.70     | ) |   | $ | (0.66 | ) |   | $ | (5.51 | ) |   | $ | (5.22 | ) |
|      Net      income (loss)     |   | $                | (0.54     | ) |   | $ | (0.51 | ) |   | $ | (5.53 | ) |   | $ | (5.23 | ) |
|                                                     |   |             |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Weighted      average shares:                            |   |             |      |   |   |   |   |   |   |   |   |   |   |   |   |   |
|      Basic      and diluted     |   |             | 56,787    |   |   |   | 61,730 |   |   |   | 53,904 |   |   |   | 60,960 |   |

----

----

|                                                     |   | 2007       |      |
|----------------------------------------------------------|--------|------------|-----------|
|                                                     |   | AsReported |      |   | ProForma |   |
| Net      sales                                           |   | $          | 2,046,716 |   |   | $ | 2,148,368 |   |
| Operating      income                                    |   |       | 137,550   |   |   |   | 150,168 |   |
| Income      (loss) from continuing operations            |   |       | 23,985    |   |   |   | 23,369 |   |
| Net      income                                          |   |       | 40,781    |   |   |   | 40,165 |   |
| Income      (loss) per share – basic:              |   |       |      |   |   |   |   |   |
|      Continuing      operations |   | $          | 0.45      |   |   | $ | 0.44 |   |
|      Net      income            |   | $          | 0.76      |   |   | $ | 0.75 |   |
| Income      (loss) per share – diluted:            |   |       |      |   |   |   |   |   |
|      Continuing      operations |   | $          | 0.44      |   |   | $ | 0.43 |   |
|      Net      income            |   | $          | 0.75      |   |   | $ | 0.74 |   |

----

|                                                     |   | 2007       |      |
|----------------------------------------------------------|--------|------------|-----------|
|                                                     |   | AsReported |      |   | ProForma |   |
| Net      sales                                           |   | $          | 2,046,716 |   |   | $ | 2,128,533 |   |
| Operating      income                                    |   |       | 137,550   |   |   |   | 140,874 |   |
| Income      (loss) from continuing operations            |   |       | 23,985    |   |   |   | 19,029 |   |
| Net      income                                          |   |       | 40,781    |   |   |   | 35,825 |   |
| Income      (loss) per share – basic:              |   |       |      |   |   |   |   |   |
|      Continuing      operations |   | $          | 0.45      |   |   | $ | 0.36 |   |
|      Net      income            |   | $          | 0.76      |   |   | $ | 0.67 |   |
| Income      (loss) per share – diluted:            |   |       |      |   |   |   |   |   |
|      Continuing      operations |   | $          | 0.44      |   |   | $ | 0.35 |   |
|      Net      income            |   | $          | 0.75      |   |   | $ | 0.66 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | Nashua |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|
| Employee      separation      costs                                                                  |   | $      | 710 |
| Asset      impairments                                                                               |   |   | 35 |
| Equipment      moving      expenses                                                                  |   |   | 211 |
| Lease      termination      expenses                                                                 |   |   | 159 |
| Building      clean-up and other expenses                                                                                                                                                                                                                                                                                                                                                                                            |   |   | 69 |
| Total      restructuring and impairment charges                                                                                                                                                                                                                                                                                                                                                                                      |   | $      | 1,184 |

|                                            |   | LeaseTerminationCosts |   |   | EmployeeSeparationCosts |   |    | Other      Exit Costs |   |   | Total   |   |
|-------------------------------------------------|--------|-----------------------|--------|--------|-------------------------|--------|---------|-----------------------|--------|--------|---------|--------|
| Balance      as of  December 29, 2007 |   | $                     | 3,453  |   |                    | $      | 495     |                  |   | $      | 351     |   |   | $ | 4,299 |   |
| Accruals,      net                              |   |                  | 62     |   |                    |   | 1,049   |                  |   |   | 149     |   |   |   | 1,260 |   |
| Payments                                        |   |                  | (1,251 | )      |                    |   | (1,544  | )                     |   |   | (500    | )      |   |   | (3,295 | ) |
| Balance      as of  January 3, 2009   |   |                  | 2,264  |   |                    |   | — |                  |   |   | — |   |   |   | 2,264 |   |
| Assumed      in Nashua acquisition              |   |                  | 877    |   |                    |   | 123     |                  |   |   | — |   |   |   | 1,000 |   |
| Nashua      Plan                                |   |                  | 159    |   |                    |   | 710     |                  |   |   | — |   |   |   | 869 |   |
| Payments                                        |   |                  | (509   | )      |                    |   | (301    | )                     |   |   | — |   |   |   | (810 | ) |
| Balance      as of January 2, 2010              |   | $                     | 2,791  |   |                    | $      | 532     |                  |   | $      | — |   |   | $ | 3,323 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | January      2,2010 |    | January      3,2009 |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|---------|---------------------|
| Raw      materials                                                                                   |   | $                   | 60,332  |                |   | $ | 67,236 |   |
| Work      in      process                                                                            |   |                | 25,812  |                |   |   | 27,011 |   |
| Finished      goods                                                                                  |   |                | 59,084  |                |   |   | 65,322 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   | $                   | 145,228 |                |   | $ | 159,569 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | January      2,2010 |     |   | January      3,2009 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|----------|--------|---------------------|--------|
| Land      and land      improvements                                                                                      |   | $                   | 18,622   |   |                | $      | 21,421 |   |
| Buildings      and      improvements                                                                                      |   |                | 106,785  |   |                |   | 111,208 |   |
| Machinery      and      equipment                                                                                         |   |                | 616,022  |   |                |   | 622,929 |   |
| Furniture      and      fixtures                                                                                          |   |                | 12,652   |   |                |   | 12,589 |   |
| Construction      in      progress                                                                                        |   |                | 12,143   |   |                |   | 14,558 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                | 766,224  |   |                |   | 782,705 |   |
| Accumulated      depreciation                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   |                | (378,345 | )      |                |   | (362,248 | ) |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | $                   | 387,879  |   |                | $      | 420,457 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | Envelopes,      Formsand      Labels |     |   | CommercialPrinting |   |     | Total   |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------------|----------|--------|--------------------|--------|----------|---------|--------|
| Balance      as of December 29, 2007                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | $                                    | 305,025  |   |               | $      | 364,777  |    |   | $ | 669,802 |   |
|   Acquisitions                                                                                              |   |                                 | 6,902    |   |               |   | 9,775    |    |   |   | 16,677 |   |
|   Foreign      currency      translation                                                                    |   |                                 | —  |   |               |   | (1,475   | )       |   |   | (1,475 | ) |
|   Impairment      charge                                                                                    |   |                                 | (168,429 | )      |               |   | (205,392 | )  |   |   | (373,821 | )  |
| Balance      as of January 3,      2009                                                                               |   |                                 | 143,498  |   |               |   | 167,685  |    |   |   | 311,183 |   |
|   Acquisitions                                                                                              |   |                                 | 8,573    |   |               |   | —  |    |   |   | 8,573 |   |
| Balance      as of January 2,      2010                                                                               |   | $                                    | 152,071  |   |               | $      | 167,685  |    |   | $ | 319,756 |   |

----

|                                            | January      2, 2010                                       |   | January      3, 2009 |    |
|-------------------------------------------------|------------------------------------------------------------|--------|----------------------|---------|
|                                            | WeightedAverage      Remaining Amortization Period (Years) |   | GrossCarryingAmount  |    | AccumulatedAmortization |   | NetCarryingAmount |   | GrossCarryingAmount |   | AccumulatedAmortization |   | NetCarryingAmount |   |
| Intangible      assets with determinable lives: |                                                       |   |                 |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Customer      relationships                     | 15                                                         |   | $                    | 172,205 |   | $ | (38,394 | ) | $ | 133,811 |   | $ | 159,206 |   | $ | (29,875 | ) | $ | 129,331 |   |
| Trademarks      and tradenames                  |  24                                                   |   |                 | 21,011  |   |   | (4,986 | ) |   | 16,025 |   |   | 21,011 |   |   | (4,089 | ) |   | 16,922 |   |
| Patents                                         | 4                                                          |   |                 | 3,028   |   |   | (2,023 | ) |   | 1,005 |   |   | 3,028 |   |   | (1,755 | ) |   | 1,273 |   |
| Non-compete      agreements                     | 2                                                          |   |                 | 2,456   |   |   | (1,958 | ) |   | 498 |   |   | 2,456 |   |   | (1,634 | ) |   | 822 |   |
| Other                                           | 9                                                          |   |                 | 802     |   |   | (223 | ) |   | 579 |   |   | 768 |   |   | (392 | ) |   | 376 |   |
|                                            |                                                       |   |                 | 199,502 |   |   | (47,584 | ) |   | 151,918 |   |   | 186,469 |   |   | (37,745 | ) |   | 148,724 |   |
|                                            |                                                       |   |                 |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Intangible      assets with indefinite lives:   |                                                       |   |                 |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Trademarks                                      |                                                       |   |                 | 143,500 |   |   | — |   |   | 143,500 |   |   | 127,500 |   |   | — |   |   | 127,500 |   |
| Pollution      credits                          |                                                       |   |                 | — |   |   | — |   |   | — |   |   | 720 |   |   | — |   |   | 720 |   |
| Total                                           |                                                       |   | $                    | 343,002 |   | $ | (47,584 | ) | $ | 295,418 |   | $ | 314,689 |   | $ | (37,745 | ) | $ | 276,944 |   |

|   |   | Annual      Estimated Expense |   |
|--------|--------|-------------------------------|--------|
| 2010   |   | $                             | 11,542 |   |
| 2011   |   |                          | 11,319 |   |
| 2012   |   |                          | 11,236 |   |
| 2013   |   |                          | 11,000 |   |
| 2014   |   |                          | 10,759 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               | January      2,2010 |   | January      3,2009 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------|--------|---------------------|--------|
| Accrued      customer      rebates                                                                         |                | $      | 15,613              |   |   | $ | 18,427 |   |
| Other      accrued liabilities                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                |   | 82,466              |   |   |   | 70,443 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |                | $      | 98,079              |   |   | $ | 88,870 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   | January      2,2010 |      |   | January      3,2009 |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|-----------|--------|---------------------|--------|
| Term      loan, due      2013                                                                                                    |   | $                   | 683,306   |   |                | $      | 707,900 |   |
| 77⁄8%      senior subordinated notes, due 2013                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                | 296,270   |   |                |   | 303,370 |   |
| 101⁄2%      senior notes, due      2016                                                                                       |   |                | 170,000   |   |                |   | 175,000 |   |
| 83⁄8%      senior subordinated notes, due 2014 ($32.2 million and $72.3 million      outstanding      principal amount as of January 2, 2010 and January 3, 2009,      respectively)                                                                                                                                                                                                                                                                                                                                                                        |   |                | 32,715    |   |                |   | 73,581 |   |
| Revolving      credit facility, due      2012                                                                                    |   |                | 22,500    |   |                |   | 8,000 |   |
| Other                                                                                                                            |   |                | 29,126    |   |                |   | 38,504 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                | 1,233,917 |   |                |   | 1,306,355 |   |
| Less      current      maturities                                                                                                |   |                | (15,057   | )      |                |   | (24,314 | ) |
| Long-term      debt                                                                                                              |   | $                   | 1,218,860 |   |                | $      | 1,282,041 |   |

----

----

----

| 2010       |   | $      | 15,057    |   |
|------------|--------|--------|-----------|--------|
| 2011       |   |   | 13,463    |   |
| 2012       |   |   | 33,924    |   |
| 2013       |   |   | 963,345   |   |
| 2014       |   |   | 35,896    |   |
| Thereafter |   |   | 172,232   |   |
|       |   | $      | 1,233,917 |   |
|       |   |   |      |   |

|                                                      |   | January      2, 2010 |    |   | January      3, 2009 |   |
|-----------------------------------------------------------|--------|----------------------|---------|--------|----------------------|--------|
| Current      Liabilities:                                 |   |                 |    |   |                 |   |
|      Interest      Rate Swaps    |   | $                    | 9,044   |   |                 | $      | 4,483 |   |
| Long-Term      Liabilities:                               |   |                 |    |   |                 |   |   |   |
|      Interest      Rate Swaps    |   |                 | 7,875   |   |                 |   | 23,180 |   |
|      Forward      Starting Swaps |   |                 | — |   |                 |   | 943 |   |

----

----

|                                                                                                                                                                                                                                                                                                                                   |   | January      2,2010 |    |   | January      3,2009 |   |     | December      29, 2007 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|---------------------|--------|----------|------------------------|--------|
| Domestic                                                      |   | $                   | (61,391 | )      |                | $      | (315,140 | )                      |   | $ | 35,712 |   |
| Foreign                                                       |   |                | 5,801   |   |                |   | (448     | )                 |   |   | (1,827 | ) |
|                                                                                                                                                                                                                                                                                                                                   |   | $                   | (55,590 | )      |                | $      | (315,588 | )                      |   | $ | 33,885 |   |

|                                                                                                                                                                                                                                                                                        |   | January      2,2010 |    |   | January      3,2009 |   |    | December      29, 2007 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|---------------------|--------|---------|------------------------|--------|
| Current      tax expense (benefit):                                                                                                                                                                                                                                                         |   |                |    |   |                |   |    |                   |   |
| Federal                                               |   | $                   | (1,815  | )      |                | $      | 2,011   |                   |   | $ | 747 |   |
| Foreign                                               |   |                | 2,276   |   |                |   | 960     |                   |   |   | (1,300 | )  |
| State                                                 |   |                | 1,359   |   |                |   | 2,704   |                   |   |   | 1,690 |   |
|                                                                                                                                                                                                                                                                                        |   |                | 1,820   |   |                |   | 5,675   |                   |   |   | 1,137 |   |
| Deferred      expense (benefit):                                                                                                                                                                                                                                                            |   |                |    |   |                |   |    |                   |   |   |   |   |
| Federal                                                    |   |                | (14,643 | )      |                |   | (13,889 | )                      |   |   | 7,400 |   |
| Foreign                                                    |   |                | 313     |   |                |   | (1,603  | )                      |   |   | (703 | ) |
| State                                                      |   |                | (3,243  | )      |                |   | (8,795  | )                      |   |   | 2,066 |   |
|                                                                                                                                                                                                                                                                                        |   |                | (17,573 | )      |                |   | (24,287 | )                      |   |   | 8,763 |   |
| Income      tax expense (benefit)                                                                                                                                                                                                                                                           |   | $                   | (15,753 | )      |                | $      | (18,612 | )                      |   | $ | 9,900 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                               |   | January      2,2010 |    |   | January      3,2009 |   |     | December      29,2007 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|---------------------|--------|----------|-----------------------|--------|
| Expected      tax expense (benefit) at federal statutory income tax      rate                                                                                                                                                                                                                                                                                                                                                      |   | $                   | (19,456 | )      |                | $      | (110,456 | )                     |   | $ | 11,860 |   |
| State      and local income tax expense (benefit)                                                                                                                                                                                                                                                                                                                                                                                  |   |                | (1,230  | )      |                |   | (1,302   | )                     |   |   | 2,352 |   |
| Change      in valuation      allowance                                                                 |   |                | 356     |   |                |   | (1,298   | )                     |   |   | (4,621 | ) |
| Change      in contingency      reserves                                                                |   |                | 265     |   |                |   | (4       | )                |   |   | 299 |   |
| Non-U.S.      tax rate      differences                                                                 |   |                | 560     |   |                |   | (486     | )                     |   |   | (478 | )  |
| Non-deductible      goodwill                                                                            |   |                | — |   |                |   | 90,990   |                  |   |   | — |   |
| Non-deductible      expenses                                                                            |   |                | 4,516   |   |                |   | 2,883    |                  |   |   | 1,349 |   |
| Non-deductible      investment expense                                                                                                                                                                                                                                                                                                                                                                                             |   |                | — |   |                |   | —  |                  |   |   | 274 |   |
| Statutory      foreign rate      change                                                                 |   |                | — |   |                |   | —  |                  |   |   | (921 | ) |
| Other                                                                                                   |   |                | (764    | )      |                |   | 1,061    |                  |   |   | (214 | ) |
| Income      tax expense      (benefit)                                                                  |   | $                   | (15,753 | )      |                | $      | (18,612  | )                     |   | $ | 9,900 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | January      2,2010 |     |   | January      3,2009 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|----------|--------|---------------------|--------|
| Deferred      tax assets:                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                |     |   |                |   |
| Net      operating loss      carryforwards                                                                                                    |   | $                   | 89,263   |   |                | $      | 63,539 |   |
| Capital      loss      carryback                                                                                                              |   |                | —  |   |                |   | 3,647 |   |
| Compensation      and benefit related accruals                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                | 55,774   |   |                |   | 43,077 |   |
| Foreign      tax credit      carryforwards                                                                                                    |   |                | 16,661   |   |                |   | 16,661 |   |
| Alternative      minimum tax credit carryforwards                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                | 10,644   |   |                |   | 10,000 |   |
| Accounts      receivable                                                                                                                      |   |                | 3,006    |   |                |   | 3,275 |   |
| Restructuring      accruals                                                                                                                   |   |                | 9,699    |   |                |   | 5,428 |   |
| Accrued      tax and      interest                                                                                                            |   |                | 5,014    |   |                |   | 12,307 |   |
| Other                                                                                                                                         |   |                | 16,544   |   |                |   | 18,841 |   |
| Valuation      allowance                                                                                                                      |   |                | (24,461  | )      |                |   | (28,081 | ) |
| Total      deferred tax      assets                                                                             |   |                | 182,144  |   |                |   | 148,694 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                |     |   |                |   |   |   |
| Deferred      tax liabilities:                                                                                                                                                                                                                                                                                                                                                                                                                                                     |   |                |     |   |                |   |   |   |
| Property,      plant and      equipment                                                                                                       |   |                | (62,126  | )      |                |   | (60,944 | ) |
| Goodwill      and other intangible assets                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                | (96,644  | )      |                |   | (86,633 | ) |
| Inventory                                                                                                                                     |   |                | 365      |   |                |   | 1,029 |   |
| Other                                                                                                                                         |   |                | (6,943   | )      |                |   | (234 | ) |
| Total      deferred tax      liabilities                                                                        |   |                | (165,348 | )      |                |   | (146,782 | ) |
| Net      deferred tax      asset                                                                                |   | $                   | 16,796   |   |                | $      | 1,912 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   | January      2,2010 |   |   | January      3,2009 |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|--------|--------|---------------------|--------|
| Current      deferred tax asset (included in prepaid and other current      assets)                                                                                                                                                                                                                                                                                                                                                                                                                          |   | $                   | 21,800 |   |                | $      | 28,684 |   |
| Long-term      deferred tax      liability                                                                            |   |                | (5,004 | )      |                |   | (26,772 | ) |
| Total                                                                                                                                                                   |   | $                   | 16,796 |   |                | $      | 1,912 |   |

| Unrecognized      tax benefit – December 30, 2006                                         |   | $      | 10,748       |    |
|------------------------------------------------------------------------------------------------------|--------|--------|--------------|---------|
|     Gross      increases  - tax positions in prior period              |   |   | 540          |    |
|     Gross      increases  - tax positions in currentperiod        |   |   |  6,743  |    |
| Unrecognized      tax benefit – December 29, 2007                                              |   |   | 18,031       |    |
|     Gross      increases  - tax positions in prior period              |   |   |  308    |    |
|     Gross      decreases  - tax positions in prior period              |   |   |  (1,162 | )  |
| Unrecognized      tax benefit – January 3, 2009                                                |   |   | 17,177       |    |
|     Gross      increases  - tax positions in prior period              |   |   | 203          |    |
|     Gross      decreases – expiration of applicable statute of limitations |   |   | (7,798       | )       |
| Unrecognized      tax benefit – January 2, 2010                                                |   | $      | 9,582        |    |

----

|                                            |   | Envelopes,Forms      andLabels |    |   | CommercialPrinting |   |   | Corporate |   |   | Total   |   |
|-------------------------------------------------|--------|--------------------------------|---------|--------|--------------------|--------|--------|-----------|--------|--------|---------|--------|
| Employee      separation costs                  |   | $                              | 5,505   |   |               | $      | 12,842 |      |   | $      | 1,156   |   |   | $ | 19,503 |   |
| Asset      impairments, net of gains on sale    |   |                           | 2,944   |   |               |   | 11,077 |      |   |   | 143     |   |   |   | 14,164 |   |
| Equipment      moving expenses                  |   |                           | 1,863   |   |               |   | 3,427  |      |   |   | — |   |   |   | 5,290 |   |
| Lease      termination expenses                 |   |                           | 3,126   |   |               |   | 1,687  |      |   |   | 210     |   |   |   | 5,023 |   |
| Multi-employer      pension withdrawal expenses |   |                           | — |   |               |   | 11,303 |      |   |   | — |   |   |   | 11,303 |   |
| Building      clean-up and other expenses       |   |                           | 2,196   |   |               |   | 3,728  |      |   |   | 184     |   |   |   | 6,108 |   |
| Total      restructuring and impairment charges |   | $                              | 15,634  |   |               | $      | 44,064 |      |   | $      | 1,693   |   |   | $ | 61,391 |   |

|                            |   | LeaseTermination |    |   | EmployeeSeparationCosts |   |    | PensionWithdrawalLiabilities |   |   | BuildingClean-upandOtherExpenses |   |   | Total  |    |
|---------------------------------|--------|------------------|---------|--------|-------------------------|--------|---------|------------------------------|--------|--------|----------------------------------|--------|--------|--------|---------|
| Balance      at January 3, 2009 |   | $                | — |   |                    | $      | — |                         |   | $      | —                          |   |   | $      | — |   |   | $ | — |   |
| Accruals,      net              |   |             | 5,023   |   |                    |   | 19,503  |                         |   |   | 11,303                           |   |   |   | 6,108   |   |   |   | 41,937 |   |
| Payments                        |   |             | (2,799  | )      |                    |   | (16,100 | )                            |   |   | —                          |   |   |   | (5,968  | ) |   |   | (24,867 | ) |
|                            |   |             |    |   |                    |   |    |                         |   |   |                             |   |   |   |    |   |   |   |   |   |
| Balance      at January 2, 2010 |   | $                | 2,224   |   |                    | $      | 3,403   |                         |   | $      | 11,303                           |   |   | $      | 140     |   |   | $ | 17,070 |   |

----

|                                            |   | Envelopes,Forms      andLabels |    |   | CommercialPrinting |   |   | Corporate |   |   | Total   |   |
|-------------------------------------------------|--------|--------------------------------|---------|--------|--------------------|--------|--------|-----------|--------|--------|---------|--------|
| Employee      separation costs                  |   | $                              | 122     |   |               | $      | 87     |      |   | $      | 29      |   |   | $ | 238 |   |
| Asset      impairments, net of gain on sale     |   |                           | 67      |   |               |   | 981    |      |   |   | — |   |   |   | 1,048 |   |
| Equipment      moving expenses                  |   |                           | — |   |               |   | 59     |      |   |   | — |   |   |   | 59 |   |
| Lease      termination expenses                 |   |                           | 140     |   |               |   | (51    | )         |   |   | 3       |   |   |   | 92 |   |
| Multi-employer      pension withdrawal income   |   |                           | — |   |               |   | 2,133  |      |   |   | — |   |   |   | 2,133 |   |
| Building      clean-up and other expenses       |   |                           | 182     |   |               |   | 698    |      |   |   | 67      |   |   |   | 947 |   |
| Total      restructuring and impairment charges |   | $                              | 511     |   |               | $      | 3,907  |      |   | $      | 99      |   |   | $ | 4,517 |   |

|                                            |   | Envelopes,Forms      andLabels |    |   | CommercialPrinting |   |    | Corporate |   |   | Total   |   |
|-------------------------------------------------|--------|--------------------------------|---------|--------|--------------------|--------|---------|-----------|--------|--------|---------|--------|
| Goodwill      impairment charges                |   | $                              | 168,429 |   |               | $      | 204,392 |      |   | $      | — |   |   | $ | 372,821 |   |
| Employee      separation costs                  |   |                           | 2,739   |   |               |   | 5,961   |      |   |   | 290     |   |   |   | 8,990 |   |
| Asset      impairments, net of gain on sale     |   |                           | 1,130   |   |               |   | 1,421   |      |   |   | — |   |   |   | 2,551 |   |
| Equipment      moving expenses                  |   |                           | 324     |   |               |   | 658     |      |   |   | — |   |   |   | 982 |   |
| Lease      termination expenses                 |   |                           | 665     |   |               |   | 1,591   |      |   |   | 63      |   |   |   | 2,319 |   |
| Multi-employer      pension withdrawal income   |   |                           | — |   |               |   | (236    | )         |   |   | — |   |   |   | (236 | ) |
| Building      clean-up and other expenses       |   |                           | 562     |   |               |   | 1,671   |      |   |   | 51      |   |   |   | 2,284 |   |
| Total      restructuring and impairment charges |   | $                              | 173,849 |   |               | $      | 215,458 |      |   | $      | 404     |   |   | $ | 389,711 |   |

|                                            |   | Envelopes,Forms      andLabels |    |   | CommercialPrinting |   |   | Total  |   |
|-------------------------------------------------|--------|--------------------------------|---------|--------|--------------------|--------|--------|--------|--------|
| Employee      separation costs                  |   | $                              | 2,381   |   |               | $      | 2,684  |   |   | $ | 5,065 |   |
| Asset      impairments                          |   |                           | 3,989   |   |               |   | 4,159  |   |   |   | 8,148 |   |
| Equipment      moving expenses                  |   |                           | 1,389   |   |               |   | 1,166  |   |   |   | 2,555 |   |
| Lease      termination expenses                 |   |                           | 126     |   |               |   | 3,773  |   |   |   | 3,899 |   |
| Multi-employer      pension withdrawal expenses |   |                           | — |   |               |   | 2,092  |   |   |   | 2,092 |   |
| Building      clean-up and other expenses       |   |                           | 885     |   |               |   | 1,784  |   |   |   | 2,669 |   |
| Total      restructuring and impairment charges |   | $                              | 8,770   |   |               | $      | 15,658 |   |   | $ | 24,428 |   |

----

|                                 |   | LeaseTerminationCosts |   |   | EmployeeSeparationCosts |   |   | PensionWithdrawalLiabilities |   |   | Total |   |
|--------------------------------------|--------|-----------------------|--------|--------|-------------------------|--------|--------|------------------------------|--------|--------|-------|--------|
| Balance      as of December 29, 2007 |   | $                     | 3,582  |   |                    | $      | 541    |                         |   | $      | 2,092 |   |   | $ | 6,215 |   |
| Accruals,      net                   |   |                  | 2,319  |   |                    |   | 8,990  |                         |   |   | (236  | )      |   |   | 11,073 |   |
| Payments                             |   |                  | (2,312 | )      |                    |   | (7,556 | )                            |   |   | (56   | )      |   |   | (9,924 | ) |
| Balance      as of January 3, 2009   |   |                  | 3,589  |   |                    |   | 1,975  |                         |   |   | 1,800 |   |   |   | 7,364 |   |
| Accruals,      net                   |   |                  | 92     |   |                    |   | 238    |                         |   |   | 2,133 |   |   |   | 2,463 |   |
| Payments                             |   |                  | (2,040 | )      |                    |   | (2,212 | )                            |   |   | (777  | )      |   |   | (5,029 | ) |
| Balance      as of January 2, 2010   |   | $                     | 1,641  |   |                    | $      | 1      |                         |   | $      | 3,156 |   |   | $ | 4,798 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | Envelopes,Forms      andLabels |    |   | CommercialPrinting |   |    | Corporate |   |   | Total   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|---------|--------|--------------------|--------|---------|-----------|--------|--------|---------|--------|
| Employee      separation      costs                                                                  |   | $                              | — |   |               | $      | — |      |   | $      | — |   |   | $ | — |   |
| Asset      impairments, net of gain on sale                                                                                                                                                                                                                                                                                                                                                                                          |   |                           | — |   |               |   | 18      |      |   |   | — |   |   |   | 18 |   |
| Equipment      moving      expenses                                                                  |   |                           | — |   |               |   | 14      |      |   |   | — |   |   |   | 14 |   |
| Lease      termination      expenses                                                                 |   |                           | (203    | )      |               |   | 419     |      |   |   | 93      |   |   |   | 309 |   |
| Building      clean-up and other expenses                                                                                                                                                                                                                                                                                                                                                                                            |   |                           | 279     |   |               |   | 322     |      |   |   | — |   |   |   | 601 |   |
| Total      restructuring and impairment charges                                                                                                                                                                                                                                                                                                                                                                                      |   | $                              | 76      |   |               | $      | 773     |      |   | $      | 93      |   |   | $ | 942 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | Envelopes,Forms      andLabels |    |   | CommercialPrinting |   |   | Corporate |   |   | Total   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|---------|--------|--------------------|--------|--------|-----------|--------|--------|---------|--------|
| Employee      separation      costs                                                                  |   | $                              | 36      |   |               | $      | 132    |      |   | $      | 35      |   |   | $ | 203 |   |
| Asset      impairments, net of gain on sale                                                                                                                                                                                                                                                                                                                                                                                          |   |                           | — |   |               |   | (226   | )         |   |   | — |   |   |   | (226 | ) |
| Equipment      moving      expenses                                                                  |   |                           | — |   |               |   | 520    |      |   |   | — |   |   |   | 520 |   |
| Lease      termination      expenses                                                                 |   |                           | (93     | )      |               |   | 492    |      |   |   | 218     |   |   |   | 617 |   |
| Building      clean-up and other expenses                                                                                                                                                                                                                                                                                                                                                                                            |   |                           | 386     |   |               |   | 1,192  |      |   |   | 25      |   |   |   | 1,603 |   |
| Total      restructuring and impairment charges                                                                                                                                                                                                                                                                                                                                                                                      |   | $                              | 329     |   |               | $      | 2,110  |      |   | $      | 278     |   |   | $ | 2,717 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                 |   | Envelopes,Forms      andLabels |   |   | CommercialPrinting |   |   | Corporate |   |   | Total   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------------|--------|--------|--------------------|--------|--------|-----------|--------|--------|---------|--------|
| Employee      separation      costs                                                                  |   | $                              | 1,888  |   |               | $      | 2,960  |      |   | $      | 251     |   |   | $ | 5,099 |   |
| Asset      impairments, net of gain on sale                                                                                                                                                                                                                                                                                                                                                                                          |   |                           | (349   | )      |               |   | 4,242  |      |   |   | — |   |   |   | 3,893 |   |
| Equipment      moving      expenses                                                                  |   |                           | 792    |   |               |   | 554    |      |   |   | — |   |   |   | 1,346 |   |
| Lease      termination      expenses                                                                 |   |                           | (132   | )      |               |   | 1,471  |      |   |   | 112     |   |   |   | 1,451 |   |
| Building      clean-up and other expenses                                                                                                                                                                                                                                                                                                                                                                                            |   |                           | 381    |   |               |   | 3,394  |      |   |   | 94      |   |   |   | 3,869 |   |
| Total      restructuring and impairment charges                                                                                                                                                                                                                                                                                                                                                                                      |   | $                              | 2,580  |   |               | $      | 12,621 |      |   | $      | 457     |   |   | $ | 15,658 |   |

|                                                                                                                                                                                                                                       | LeaseTerminationCosts |   |   | EmployeeSeparationCosts |   |    | PensionWithdrawalLiabilities |   |   | Total   |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------------------|--------|--------|-------------------------|--------|---------|------------------------------|--------|--------|---------|--------|
| Balance      as of December 29, 2007                                                                                                                                                                                                       | $                | 4,793  |   |                    | $      | 1,163   |                         |   | $      | 297     |   |   | $ | 6,253 |   |
| Accruals,      net                                     |                  | 617    |   |                    |   | 203     |                         |   |   | — |   |   |   | 820 |   |
| Payments                                               |                  | (1,533 | )      |                    |   | (1,366  | )                            |   |   | (89     | )      |   |   | (2,988 | ) |
| Balance      as of  January 3, 2009                                                                                                                                                                                              |                  | 3,877  |   |                    |   | — |                         |   |   | 208     |   |   |   | 4,085 |   |
| Accruals,      net                                     |                  | 309    |   |                    |   | — |                         |   |   | — |   |   |   | 309 |   |
| Payments                                               |                  | (2,508 | )      |                    |   | — |                         |   |   | (120    | )      |   |   | (2,628 | ) |
| Balance      as of January 2, 2010                                                                                                                                                                                                         | $                     | 1,678  |   |                    | $      | — |                         |   | $      | 88      |   |   | $ | 1,766 |   |

----

|                                                                                                                                                                                                                                                                                                                                                | Options   |      | WeightedAverageExercisePrice |    | WeightedAverageRemainingContractualTerm(In      Years) |   | AggregateIntrinsicValue(a)(inthousands) |    |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-----------|-----------|------------------------------|---------|--------------------------------------------------------|--------|-----------------------------------------|---------|
| Outstanding      as of December 30, 2006                                                                                                                                                                                                                                                                                                            | 3,326,780 |      | $                            | 14.71   |                                                   | 5.7    |                                    | $  | 21,589 |   |
| Granted                                                          | 780,000   |      |                         | 17.89   |                                                   |   |                                    |    |   |   |
| Exercised                                                        | (34,175   | )         |                         | 8.92    |                                                   |   |                                    | $       | 463 |   |
| Forfeited                                                        | (222,625  | )         |                         | 18.84   |                                                   |   |                                    |    |   |   |
| Outstanding      as of December 29, 2007                                                                                                                                                                                                                                                                                                            | 3,849,980 |      | $                            | 15.14   |                                                   | 4.8    |                                    | $       | 13,661 |   |
| Granted                                                          | —   |      |                         | — |                                                   |   |                                    |    |   |   |
| Exercised                                                        | (209,880  | )         |                         | 8.93    |                                                   |   |                                    | $       | 516 |   |
| Forfeited                                                        | (718,125  | )         |                         | 17.04   |                                                   |   |                                    |    |   |   |
| Outstanding      as of January 3, 2009                                                                                                                                                                                                                                                                                                              | 2,921,975 |      | $                            | 15.12   |                                                   | 3.9    |                                    | $       | 32 |   |
| Granted                                                          | 1,315,328 |  (b) |                         | 4.27    |                                                   |   |                                    |    |   |   |
| Exercised                                                        | (106,452  | )         |                         | 3.82    |                                                   |   |                                    | $       | 421 |   |
| Forfeited                                                        | (213,000  | )         |                         | 16.13   |                                                   |   |                                    |    |   |   |
| Outstanding      as of January 2, 2010                                                                                                                                                                                                                                                                                                              | 3,917,851 |      | $                            | 11.73   |                                                   | 3.7    |                                    | $       | 5,513 |   |
|                                                                                                                                                                                                                                                                                                                                                |      |      |                         |    |                                                   |   |                                    |    |   |   |
|                                                                                                                                                                                                                                                                                                                                                |      |      |                         |    |                                                   |   |                                    |    |   |   |
| Exercisable      as of December 29, 2007                                                                                                                                                                                                                                                                                                            | 1,316,855 |      | $                            | 12.71   |                                                   | 4.5    |                                    | $       | 7,503 |   |
| Exercisable      as of January 3, 2009                                                                                                                                                                                                                                                                                                              | 1,678,225 |      | $                            | 13.76   |                                                   | 3.9    |                                    | $       | 32 |   |
| Exercisable      as of January 2, 2010                                                                                                                                                                                                                                                                                                              | 2,288,226 |      | $                            | 13.81   |                                                   | 2.8    |                                    | $       | 437 |   |

|   | (a) | Intrinsic      value for purposes of this table represents the amount by which the fair      value of the underlying stock, based on the respective market prices as of      January 2, 2010, January 3, 2009 and December 29, 2007 or, if exercised,      the exercise dates, exceeds the exercise prices of the respective      options. |
|--------|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|   | (b) | Includes      176,328 stock options assumed in connection with the acquisition of      Nashua. |
|--------|-----|------------------------------------------------------------------------------------------------|

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             | January      2,2010 |   |   | December      29,2007 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|---------------------|--------|--------|-----------------------|--------|
| Weighted      average fair value of option grants during the year                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                | $                   | 1.68   |   |                  | $      | 6.31 |   |
| Assumptions:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     |                |   |   |                  |   |   |   |
| Expected option life in      years                                                                                      |                | 4.25   |   |                  |   | 4.25 |   |
| Risk-free interest      rate                                                                                            |                | 2.09   | %      |                  |   | 4.05 | % |
| Expected      volatility                                                                                                |                | 0.460  |   |                  |   | 0.363 |   |
| Expected dividend      yield                                                                                            |                | 0.0    | %      |                  |   | 0.0 | % |

|                                                                                                                                                                                                                                                                                                |   | RestrictedShares |   | WeightedAverageGrant      DateFair      Value |    | RSUs   |       | WeightedAverageGrant      DateFair      Value |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|------------------|--------|-----------------------------------------------|---------|--------|------------|-----------------------------------------------|--------|
| Unvested      as of December 30, 2006                                                                                                                                                                                                                                                               |   | 150,000          |   | $                                             | 9.52    |   | 607,150    |                                          | $      | 19.19 |   |
| Granted                                                  |   | —          |   |                                          | — |   | 761,750    |                                          |   | 17.89 |   |
| Vested                                                   |   | (50,000          | )      |                                          | 9.52    |   | (173,900   | )                                        |   | 20.55 |   |
| Forfeited                                                |   | —          |   |                                          | — |   | (62,850    | )                                        |   | 18.97 |   |
| Unvested      as of December 29, 2007                                                                                                                                                                                                                                                               |   | 100,000          |   | $                                             | 9.52    |   | 1,132,150  |                                          | $      | 18.36 |   |
| Granted                                                  |   | —          |   |                                          | — |   | 1,930,410  |                                          |   | 9.77 |   |
| Vested                                                   |   | (50,000          | )      |                                          | 9.52    |   | (395,600   | )                                             |   | 18.19 |   |
| Forfeited                                                |   | —          |   |                                          | — |   | (136,171   | )                                             |   | 17.59 |   |
| Unvested      as of January 3, 2009                                                                                                                                                                                                                                                                 |   | 50,000           |   | $                                             | 9.52    |   | 2,530,789  |                                          | $      | 11.95 |   |
| Granted                                                  |   | 171,144          | (a)    |                                          | 6.53    |   | 562,960    |                                          |   | 4.22 |   |
| Vested                                                   |   | (50,000          | )      |                                          | 9.52    |   | (1,136,715 | )                                             |   | 11.89 |   |
| Forfeited                                                |   | (10,000          | )      |                                          | 6.53    |   | (60,449    | )                                             |   | 9.59 |   |
| Unvested      as of January 2, 2010                                                                                                                                                                                                                                                                 |   | 161,144          |   | $                                             | 6.53    |   | 1,896,585  |                                          | $      | 9.72 |   |

|   | (a) | Represents      restricted shares that were granted in connection with the acquisition of      Nashua. |
|--------|-----|--------------------------------------------------------------------------------------------------------|

----

----

|                                                                                                                                                                                                                                                                                                                                                                                                             |   | Pensions |    |   | SERPs  |   |    | OPEBs   |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------|---------|--------|--------|--------|---------|---------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                             |   | 2009     |    |   | 2008   |   |    | 2009    |   |   | 2008 |   |   | 2009 |   |   | 2008 |   |
| Reconciliation      of benefit obligation:                                                                                                                                                                                                                                                                                                                                                                       |   |     |    |   |   |   |    |    |   |   |   |   |   |   |   |   |   |   |
| Benefit      obligation at beginning of year                                                                                                                                                                                                                                                                                                                                                                     |   | $        | 151,371 |   |   | $      | 155,793 |    |   | $ | 16,329 |   |   | $ | 17,215 |   |   | $ | 2,189 |   |   | $ | 2,425 |   |
| Projected      benefit obligation assumed from    acquisitions                                                      |   |     | 102,724 |   |   |   | — |    |   |   | 2,908 |   |   |   | — |   |   |   | 341 |   |   |   | — |   |
| Service      cost                                                                                                                       |   |     | 543     |   |   |   | 480     |    |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
| Interest      cost                                                                                                                      |   |     | 10,821  |   |   |   | 9,030   |    |   |   | 1,347 |   |   |   | 935 |   |   |   | 133 |   |   |   | 137 |   |
| Actuarial      (gain) loss                                                                                                                                                                                                                                                                                                                                                                                       |   |     | 6,374   |   |   |   | (5,995  | )       |   |   | 395 |   |   |   | 110 |   |   |   | 355 |   |   |   | (149 | ) |
| Plan      amendment (gain) loss                                                                                                                                                                                                                                                                                                                                                                                  |   |     | — |   |   |   | — |    |   |   | — |   |   |   | — |   |   |   | — |   |   |   | (47 | ) |
| Benefits      paid                                                                                                                      |   |     | (9,467  | )      |   |   | (7,937  | )       |   |   | (2,014 | ) |   |   | (1,931 | ) |   |   | (171 | ) |   |   | (177 | ) |
| Benefit      obligation at end of year                                                                                                                                                                                                                                                                                                                                                                           |   | $        | 262,366 |   |   | $      | 151,371 |    |   | $ | 18,965 |   |   | $ | 16,329 |   |   | $ | 2,847 |   |   | $ | 2,189 |   |
| Reconciliation      of fair value of plan assets:                                                                                                                                                                                                                                                                                                                                                                |   |     |    |   |   |   |    |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Fair      value of plan assets at beginning of year                                                                                                                                                                                                                                                                                                                                                              |   | $        | 98,226  |   |   | $      | 132,989 |    |   | $ | — |   |   | $ | — |   |   | $ | — |   |   | $ | — |   |
| Fair      value of plan assets assumed from    acquisitions                                                         |   |     | 69,412  |   |   |   | — |    |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
| Actual      return on plan assets                                                                                                                                                                                                                                                                                                                                                                                |   |     | 20,668  |   |   |   | (32,934 | )  |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
| Employer      contributions                                                                                                                                                                                                                                                                                                                                                                                      |   |     | 4,594   |   |   |   | 6,108   |    |   |   | 2,014 |   |   |   | 1,931 |   |   |   | 171 |   |   |   | 177 |   |
| Benefits      paid                                                                                                                      |   |     | (9,467  | )      |   |   | (7,937  | )       |   |   | (2,014 | ) |   |   | (1,931 | ) |   |   | (171 | ) |   |   | (177 | ) |
| Fair      value of plan assets at end of year                                                                                                                                                                                                                                                                                                                                                                    |   |     | 183,433 |   |   |   | 98,226  |    |   |   | — |   |   |   | — |   |   |   | — |   |   |   | — |   |
| Funded      status at end of period                                                                                                                                                                                                                                                                                                                                                                              |   | $        | (78,933 | )      |   | $      | (53,145 | )       |   | $ | (18,965 | ) |   | $ | (16,329 | ) |   | $ | (2,847 | ) |   | $ | (2,189 | ) |
| Amounts      recognized in accumulated other comprehensive      loss:                                                                                                                                                                                                                                                                                                                                            |   |     |    |   |   |   |    |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Net      actuarial loss                                                                                                                                                                                                                                                                                                                                                                                          |   | $        | 34,636  |   |   | $      | 42,063  |    |   | $ | 1,264 |   |   | $ | 870 |   |   | $ | 111 |   |   | $ | (248 | ) |
| Prior      service cost                                                                                                                                                                                                                                                                                                                                                                                          |   |     | 10      |   |   |   | 18      |    |   |   | — |   |   |   | — |   |   |   | (42 | ) |   |   | (47 | ) |
| Total                                                                                                                                                                 |   | $        | 34,646  |   |   | $      | 42,081  |    |   | $ | 1,264 |   |   | $ | 870 |   |   | $ | 69 |   |   | $ | (295 | ) |
| Amounts      recognized in the consolidated balance    sheets:                                                                                                                                                                                                                                                                                                                               |   |     |    |   |   |   |    |    |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Current      liabilities                                                                                                                                                                                                                                                                                                                                                                                         |   | $        | — |   |   | $      | — |    |   | $ | 2,129 |   |   | $ | 1,939 |   |   | $ | 367 |   |   | $ | 265 |   |
| Long-term      liabilities                                                                                                                                                                                                                                                                                                                                                                                       |   |     | 78,933  |   |   |   | 53,145  |    |   |   | 16,836 |   |   |   | 14,390 |   |   |   | 2,480 |   |   |   | 1,924 |   |
|          Total      liabilities                                                                                                                                                                                                                                                                                                                                     |   | $        | 78,933  |   |   | $      | 53,145  |    |   | $ | 18,965 |   |   | $ | 16,329 |   |   | $ | 2,847 |   |   | $ | 2,189 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                          |   |                |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                          |   | January      2,2010 |   |   | January      3,2009 |   |   | December      29,2007 |   |
| Service      cost                                                                                                    |   | $                   | 543    |   |   | $ | 480 |   |   | $ | 413 |   |
| Interest      cost on projected benefit obligation                                                                                                                                                                                                                                                                                                                                            |   |                | 12,301 |   |   |   | 10,102 |   |   |   | 8,731 |   |
| Expected      return on plan assets                                                                                                                                                                                                                                                                                                                                                           |   |                | (9,251 | ) |   |   | (10,624 | ) |   |   | (8,339 | ) |
| Net      amortization and deferral                                                                                                                                                                                                                                                                                                                                                            |   |                | 2      |   |   |   | 8 |   |   |   | 8 |   |
| Recognized      actuarial      loss                                                                                  |   |                | 2,383  |   |   |   | 221 |   |   |   | 224 |   |
|       Net      periodic      cost                                                      |   | $                   | 5,978  |   |   | $ | 187 |   |   | $ | 1,037 |   |
|                                                                                                                                                                                                                                                                                                                                                                                          |   |                |   |   |   |   |   |   |   |   |   |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | January      2,2010 |   |   | January      3,2009 |   |   | December      29, 2007 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|--------|--------|---------------------|--------|--------|------------------------|--------|
| Weighted      average discount      rate                                                                                      |   |                | 5.75%  |   |                |   | 6.25%  |                   |   |   | 6.00% |   |
| Expected      long-term rate of return on plan assets                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |                | 8.00%  |   |                |   | 8.00%  |                   |   |   | 8.00% |   |
| Rate      of compensation      increase                                                                                       |   |                | 4.00%  |   |                |   | 4.00%  |                   |   |   | 4.00% |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   |                |   |   |                |   |   |                   |   |   |   |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | January      2,2010 |              |   | January      3,2009 |   |              | Target |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|-------------------|--------|---------------------|--------|-------------------|--------|--------|
| Equity      securities                                                                                                 |   |                | 46-61%            |   |                |   | 46-71%            |   |   |   | 60-75% |   |
| Fixed      income      securities                                                                                      |   |                | 20-35%            |   |                |   | 25-38%            |   |   |   | 25-35% |   |
| Alternative      investments and      other                                                                            |   |                |        4-29% |   |                |   |        4-16% |   |   |   |        0-10% |   |

----

|                           |   | Quoted      Market Prices In Active Markets(Level      1) |    |   | Significant      Other Observable Inputs(Level      2) |   |    | Significant      Unobservable Inputs (Level      3) |   |   | Total   |   |
|--------------------------------|--------|-----------------------------------------------------------|---------|--------|--------------------------------------------------------|--------|---------|----------------------------------------------------------|--------|--------|---------|--------|
| Cash      and cash equivalents |   | $                                                         | 4,492   |   |                                                   | $      | — |                                                     |   | $      | — |   |   | $ | 4,492 |   |
| Fixed      income              |   |                                                      | 39,562  |   |                                                   |   | 1,815   |                                                     |   |   | — |   |   |   | 41,377 |   |
| Commodities                    |   |                                                      | 2,938   |   |                                                   |   | — |                                                     |   |   | — |   |   |   | 2,938 |   |
| Equity                         |   |                                                      | 96,778  |   |                                                   |   | — |                                                     |   |   | — |   |   |   | 96,778 |   |
| Alternative      investments   |   |                                                      | — |   |                                                   |   | — |                                                     |   |   | 35,707  |   |   |   | 35,707 |   |
| Group      annuity contracts   |   |                                                      | — |   |                                                   |   | 2,141   |                                                     |   |   | — |   |   |   | 2,141 |   |
| Total                          |   | $                                                         | 143,770 |   |                                                   | $      | 3,956   |                                                     |   | $      | 35,707  |   |   | $ | 183,433 |   |

|                                  |   | Alternative      Investments |   |
|---------------------------------------|--------|------------------------------|--------|
| Balance      as of January 3, 2009    |   | $                            | 16,314 |   |
| Assumed      in acquisition           |   |                         | 17,083 |   |
| Unrealized      gains                 |   |                         | 2,628  |   |
| Purchases,      sales and settlements |   |                         | (318   | )  |
| Balance      as of January 2, 2010    |   | $                            | 35,707 |   |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   | January      2,2010 |    |   | January      3,2009 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|---------------------|--------|
| Projected      benefit      obligation                                                                              |   | $                   | 281,331 |   |                | $      | 167,700 |   |
| Accumulated      benefit      obligation                                                                            |   |                | 280,463 |   |                |   | 166,928 |   |
| Fair      value of plan      assets                                                                                 |   |                | 183,433 |   |                |   | 98,226 |   |

|                   |   |   | Pension Plans |   |   | SERP   |   |   | OPEB   |   |
|------------------------|--------|--------|---------------|--------|--------|--------|--------|--------|--------|--------|
| 2010                   |   |   | $             | 13,622 |   |   | $      | 2,116  |   |   | $ | 377 |   |
| 2011                   |   |   |          | 14,041 |   |   |   | 2,026  |   |   |   | 340 |   |
| 2012                   |   |   |          | 14,697 |   |   |   | 2,104  |   |   |   | 316 |   |
| 2013                   |   |   |          | 15,246 |   |   |   | 2,164  |   |   |   | 293 |   |
| 2014                   |   |   |          | 15,834 |   |   |   | 2,082  |   |   |   | 271 |   |
| 2015      – 2019 |   |   |          | 86,635 |   |   |   | 7,731  |   |   |   | 1,075 |   |

----

| 2010                                                                        |   | $      | 25,026 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------|--------|--------|
| 2011                                                                        |   |   | 20,253 |   |
| 2012                                                                        |   |   | 14,781 |   |
| 2013                                                                        |   |   | 11,327 |   |
| 2014                                                                        |   |   | 7,099  |   |
| Thereafter                                                                  |   |   | 12,508 |   |
| Total                                                                                                |   | $      | 90,994 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |   | January      2,2010 |    |   | January      3,2009 |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|---------|--------|---------------------|--------|
| Currency      translation      adjustments                                                                                                                      |   | $                   | 3,539   |   |                | $      | (899 | ) |
| Unrealized      loss on cash flow hedges, net of tax expense of  $4,666 and tax      benefit of $10,101 as of January 2, 2010 and January 3, 2009,      respectively                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |   |                | (11,483 | )      |                |   | (18,503 | ) |
| Pension      liability adjustments, net of tax expense of $2,704 and tax benefit of      $13,292 as of January 2, 2010 and January 3, 2009,      respectively                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   |                | (22,332 | )      |                |   | (26,950 | ) |
| Total      accumulated other comprehensive      loss                                                                                                            |   | $                   | (30,276 | )      |                | $      | (46,352 | ) |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   | January      2, 2010 |    |   | January      3,2009 |   |     | December      29, 2007 |   |
|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|----------------------|---------|--------|---------------------|--------|----------|------------------------|--------|
| Numerator      for basic and diluted income (loss) per share:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                 |    |   |                |   |     |                   |   |
| Income      (loss) from continuing      operations                                                                                         |   | $                    | (39,837 | )      |                | $      | (296,976 | )                      |   | $ | 23,985 |   |
| Income      (loss) from discontinued operations, net of taxes                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                 | 8,898   |   |                |   | (1,051   | )                      |   |   | 16,796 |   |
| Net      income      (loss)                                                                                                                |   | $                    | (30,939 | )      |                | $      | (298,027 | )                      |   | $ | 40,781 |   |
| Denominator      weighted average common shares outstanding:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       |   |                 |    |   |                |   |     |                   |   |   |   |   |
| Basic      shares                                                                                                                          |   |                 | 56,787  |   |                |   | 53,904   |                   |   |   | 53,584 |   |
| Dilutive      effect of equity      awards                                                                                                                          |   |                 | — |   |                |   | —  |                   |   |   | 1,061 |   |
| Diluted      shares                                                                                                                        |   |                 | 56,787  |   |                |   | 53,904   |                   |   |   | 54,645 |   |
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                 |    |   |                |   |     |                   |   |   |   |   |
| Income      (loss) per share – basic:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                 |    |   |                |   |     |                   |   |   |   |   |
| Continuing      operations                                                                                                                 |   | $                    | (0.70   | )      |                | $      | (5.51    | )                      |   | $ | 0.45 |   |
| Discontinued      operations                                                                                                               |   |                 | 0.16    |   |                |   | (0.02    | )                      |   |   | 0.31 |   |
| Net      income      (loss)                                                                                                                |   | $                    | (0.54   | )      |                | $      | (5.53    | )                      |   | $ | 0.76 |   |
| Income      (loss) per share - diluted:                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                 |    |   |                |   |     |                   |   |   |   |   |
| Continuing      operations                                                                                                                 |   | $                    | (0.70   | )      |                | $      | (5.51    | )                      |   | $ | 0.44 |   |
| Discontinued      operations                                                                                                               |   |                 | 0.16    |   |                |   | (0.02    | )                      |   |   | 0.31 |   |
| Net      income      (loss)                                                                                                                |   | $                    | (0.54   | )      |                | $      | (5.53    | )                      |   | $ | 0.75 |   |

----

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                          |   | January      2,2010 |      |   | January      3,2009 |   |      | December      29,2007 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|-----------|--------|---------------------|--------|-----------|-----------------------|--------|
| Net      sales:                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                |      |   |                |   |      |                  |   |
| Envelopes,      Forms and      Labels                                                                     |   | $                   | 819,399   |   |                | $      | 916,145   |                  |   | $ | 897,722 |   |
| Commercial      Printing                                                                                  |   |                | 895,232   |   |                |   | 1,182,549 |                  |   |   | 1,148,994 |   |
| Total                                                                                                     |   | $                   | 1,714,631 |   |                | $      | 2,098,694 |                  |   | $ | 2,046,716 |   |
| Operating      income (loss)(1):                                                                                                                                                                                                                                                                                                                                                                                                                              |   |                |      |   |                |   |      |                  |   |   |   |   |
| Envelopes,      Forms and      Labels                                                                     |   | $                   | 77,200    |   |                | $      | (40,979   | )                     |   | $ | 117,342 |   |
| Commercial      Printing                                                                                  |   |                | (6,397    | )      |                |   | (136,828  | )                     |   |   | 55,085 |   |
| Corporate                                                                                                 |   |                | (38,615   | )      |                |   | (45,739   | )                     |   |   | (34,877 | ) |
| Total                                                                                                     |   | $                   | 32,188    |   |                | $      | (223,546  | )                     |   | $ | 137,550 |   |
| Restructuring,      impairment and other charges:                                                                                                                                                                                                                                                                                                                                                                                                             |   |                |      |   |                |   |      |                  |   |   |   |   |
| Envelopes,      Forms and      Labels                                                                     |   | $                   | 17,405    |   |                | $      | 174,178   |                  |   | $ | 11,350 |   |
| Commercial      Printing                                                                                  |   |                | 48,744    |   |                |   | 217,568   |                  |   |   | 28,279 |   |
| Corporate                                                                                                 |   |                | 1,885     |   |                |   | 7,320     |                  |   |   | 457 |   |
| Total                                                                                                     |   | $                   | 68,034    |   |                | $      | 399,066   |                  |   | $ | 40,086 |   |
| Significant      non-cash charges:                                                                                                                                                                                                                                                                                                                                                                                                                            |   |                |      |   |                |   |      |                  |   |   |   |   |
| Envelopes,      Forms and      Labels                                                                     |   | $                   | 4,011     |   |                | $      | 169,916   |                  |   | $ | 3,640 |   |
| Commercial      Printing                                                                                  |   |                | 27,919    |   |                |   | 210,172   |                  |   |   | 16,089 |   |
| Corporate                                                                                                 |   |                | 274       |   |                |   | 1,950     |                  |   |   | — |   |
| Total                                                                                                     |   | $                   | 32,204    |   |                | $      | 382,038   |                  |   | $ | 19,729 |   |
| Depreciation      and intangible asset amortization:                                                                                                                                                                                                                                                                                                                                                                                                          |   |                |      |   |                |   |      |                  |   |   |   |   |
| Envelopes,      Forms and      Labels                                                                     |   | $                   | 24,561    |   |                | $      | 25,410    |                  |   | $ | 21,015 |   |
| Commercial      Printing                                                                                  |   |                | 39,825    |   |                |   | 47,164    |                  |   |   | 43,346 |   |
| Corporate                                                                                                 |   |                | 2,017     |   |                |   | 1,435     |                  |   |   | 1,147 |   |
| Total                                                                                                     |   | $                   | 66,403    |   |                | $      | 74,009    |                  |   | $ | 65,508 |   |
| Capital      expenditures:                                                                                                                                                                                                                                                                                                                                                                                                                                    |   |                |      |   |                |   |      |                  |   |   |   |   |
| Envelopes,      Forms and      Labels                                                                     |   | $                   | 4,239     |   |                | $      | 7,181     |                  |   | $ | 5,145 |   |
| Commercial      Printing                                                                                  |   |                | 18,150    |   |                |   | 39,819    |                  |   |   | 24,546 |   |
| Corporate                                                                                                 |   |                | 2,838     |   |                |   | 2,243     |                  |   |   | 1,847 |   |
| Total                                                                                                     |   | $                   | 25,227    |   |                | $      | 49,243    |                  |   | $ | 31,538 |   |
| Net      sales by product line:                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                |      |   |                |   |      |                  |   |   |   |   |
| Envelopes                                                                                                 |   | $                   | 517,512   |   |                | $      | 651,235   |                  |   | $ | 604,351 |   |
| Commercial      Printing and Packaging                                                                                                                                                                                                                                                                                                                                                                                                                        |   |                | 600,294   |   |                |   | 815,388   |                  |   |   | 823,195 |   |
| Journals      and      Periodicals                                                                        |   |                | 293,891   |   |                |   | 365,490   |                  |   |   | 323,370 |   |
| Labels      and Business      Forms                                                                       |   |                | 302,934   |   |                |   | 266,581   |                  |   |   | 295,800 |   |
| Total                                                                                                     |   | $                   | 1,714,631 |   |                | $      | 2,098,694 |                  |   | $ | 2,046,716 |   |
| Intercompany      sales:                                                                                                                                                                                                                                                                                                                                                                                                                                      |   |                |      |   |                |   |      |                  |   |   |   |   |
| Envelopes,      Forms and Labels to Commercial Printing                                                                                                                                                                                                                                                                                                                                                                                                       |   | $                   | 4,350     |   |                | $      | 6,415     |                  |   | $ | 8,802 |   |
| Commercial      Printing to Envelopes, Forms and Labels                                                                                                                                                                                                                                                                                                                                                                                                       |   |                | 1,865     |   |                |   | 3,655     |                  |   |   | 6,985 |   |
| Total                                                                                                     |   | $                   | 6,215     |   |                | $      | 10,070    |                  |   | $ | 15,787 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | January      2, 2010 |      |   | January      3,2009 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------------|-----------|--------|---------------------|--------|
| Identifiable      assets:                                                                                                                                                                                                                                                                                                                                                                                                             |   |                      |      |   |                |   |
| Envelopes,      Forms and      Labels                                                                 |   | $                         | 689,516   |   |                | $      | 624,760 |   |
| Commercial      Printing                                                                              |   |                      | 776,637   |   |                |   | 863,224 |   |
| Corporate                                                                                             |   |                      | 59,620    |   |                |   | 64,130 |   |
| Total                                                                                                 |   | $                         | 1,525,773 |   |                | $      | 1,552,114 |   |

|                                                                                                                                                                                                                                                                                                                                                                      |   | January      2,2010 |      |   | January      3,2009 |   |      | December      29,2007 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|-----------|--------|---------------------|--------|-----------|-----------------------|--------|
| Net      sales:                                                                                                                                                                                                                                                                                                                                                           |   |                |      |   |                |   |      |                  |   |
| U.S.                                                               |   | $                   | 1,636,112 |   |                | $      | 2,014,412 |                  |   | $ | 1,961,505 |   |
| Foreign                                                            |   |                | 78,519    |   |                |   | 84,282    |                  |   |   | 85,211 |   |
| Total                                                              |   | $                   | 1,714,631 |   |                | $      | 2,098,694 |                  |   | $ | 2,046,716 |   |

|                                                                                                                                                                                                                                                                                                                                                          |   | January      2,2010 |      |   | January      3,2009 |   |
|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------------|-----------|--------|---------------------|--------|
| Long-lived      assets (property plant and equipment, goodwill and intangible      assets:                                                                                                                                                                                                                                                                    |   |                |      |   |                |   |   |   |
| U.S.                                                             |   | $                   | 980,452   |   |                | $      | 991,596 |   |
| Foreign                                                          |   |                | 22,601    |   |                |   | 16,988 |   |
| Total                                                            |   | $                   | 1,003,053 |   |                | $      | 1,008,584 |   |

| (1) | The      Company’s segment operating income (loss) of each reportable segment for      the three-months ended March 28, 2009, three- and six-months ended June      27, 2009 and three- and nine-months ended October 3, 2009, have been      revised to correct an immaterial error related to certain corporate      allocations to each reportable segment during the fourth quarter of      2009. The Company does not believe the effect of these revisions is      material, quantitatively or qualitatively, to its consolidated financial      statements. The table below presents the impact of this revision for each      reportable segment’s operating income (loss) for each period      presented: |
|-----|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

|                             | Three      Months EndedMarch      28, 2009 |              | Three      Months EndedJune      27, 2009 |   | Three      Months EndedOctober      3, 2009 |   |
|----------------------------------|--------------------------------------------|-------------------|-------------------------------------------|--------|---------------------------------------------|--------|
|                             | AsReported                                 |              | As Adjusted                          |   | AsReported                                  |   | As Adjusted |   | AsReported |   | As Adjusted |   |
| Operating      income (loss):    |                                       |              |                                      |   |                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Envelopes,      Forms and Labels | $                                          |  8,406       |                                      | $      | 10,475                                      |   | $ | 10,647 |   | $ | 16,457 |   | $ | 19,872 |   | $ |      27,522 |   |
| Commercial      Printing         |                                       |   1,430 |                                      |   |      (639          | )      |   | (7,408 | ) |   | (13,218 | ) |   | 14,364 |   |   |      6,714 |   |
| Corporate                        |                                       | (9,615            | )                                         |   | (9,615                                      | )      |   | (8,716 | ) |   |   (8,716 | ) |   | (9,234 | ) |   | (9,234 | ) |
| Total                            | $                                          | 221               |                                      | $      | 221                                         |   | $ | (5,477 | ) | $ | (5,477 | ) | $ |      25,002 |   | $ | 25,002 |   |
|                             |                                       |              | Six      Months EndedJune      27, 2009   |   | Nine      Months EndedOctober      3, 2009  |   |
|                             |                                       |              |                                      |   | AsReported                                  |   | As Adjusted |   | AsReported |   | As Adjusted |   |
| Operating      income (loss):    |                                       |              |                                      |   |                                        |   |   |   |   |   |   |   |   |   |   |   |   |   |
| Envelopes,      Forms and Labels |                                       |              |                                      |   |                                        |   | $ | 19,053 |   | $ | 26,932 |   | $ | 38,925 |   | $ |      54,454 |   |
| Commercial      Printing         |                                       |              |                                      |   |                                        |   |   | (5,978 | ) |   | (13,857 | ) |   | 8,386 |   |   |      (7,143 | ) |
| Corporate                        |                                       |              |                                      |   |                                        |   |   | (18,331 | ) |   |   (18,331 | ) |   | (27,565 | ) |   | (27,565 | ) |
| Total                            |                                       |              |                                      |   |                                        |   | $ | (5,256 | ) | $ | (5,256 | ) | $ |      19,746 |   | $ | 19,746 |   |

----

----

|                                                                                    |   | Parent  |     |   | Subsidiary |   |      | Guarantor    |   |   | Non-Guarantor |   |   |         |          |   |         |   |
|-----------------------------------------------------------------------------------------|--------|---------|----------|--------|------------|--------|-----------|--------------|--------|--------|---------------|--------|--------|--------------|---------------|--------|--------------|--------|
|                                                                                    |   | Company |     |   | Issuer     |   |      | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |          |   | Consolidated |   |
|                                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |
| Assets                                                                                  |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |
| Current      assets:                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |
|     Cash      and cash equivalents                                  |   | $       | —  |   |       | $      | 8,971     |         |   | $      | 764           |   |   | $            | 1,061         |   |         | $      | — |   |   | $ | 10,796 |   |
|     Accounts      receivable, net                                   |   |    | —  |   |       |   | 111,687   |         |   |   | 151,046       |   |   |         | 5,830         |   |         |   | — |   |   |   | 268,563 |   |
|     Inventories                                                     |   |    | —  |   |       |   | 70,252    |         |   |   | 73,715        |   |   |         | 1,261         |   |         |   | — |   |   |   | 145,228 |   |
|     Notes      receivable from subsidiaries                         |   |    | —  |   |       |   | 36,938    |         |   |   | —       |   |   |         | —       |   |         |   | (36,938 | ) |   |   | — |   |
|     Prepaid      and other current assets                           |   |    | —  |   |       |   | 50,319    |         |   |   | 13,501        |   |   |         | 1,023         |   |         |   | — |   |   |   | 64,843 |   |
|         Total      current assets               |   |    | —  |   |       |   | 278,167   |         |   |   | 239,026       |   |   |         | 9,175         |   |         |   | (36,938 | ) |   |   | 489,430 |   |
|                                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
| Investment      in subsidiaries                                                         |   |    | (176,510 | )      |       |   | 1,537,082 |         |   |   | 4,225         |   |   |         | 6,725         |   |         |   | (1,371,522 | ) |   |   | — |   |
| Property,      plant and equipment, net                                                 |   |    | —  |   |       |   | 125,694   |         |   |   | 261,765       |   |   |         | 420           |   |         |   | — |   |   |   | 387,879 |   |
| Goodwill                                                                                |   |    | —  |   |       |   | 29,243    |         |   |   | 290,513       |   |   |         | —       |   |         |   | — |   |   |   | 319,756 |   |
| Other      intangible assets, net                                                       |   |    | —  |   |       |   | 7,590     |         |   |   | 287,828       |   |   |         | —       |   |         |   | — |   |   |   | 295,418 |   |
| Other      assets, net                                                                  |   |    | —  |   |       |   | 26,664    |         |   |   | 6,278         |   |   |         | 348           |   |         |   | — |   |   |   | 33,290 |   |
|     Total      assets                                               |   | $       | (176,510 | )      |       | $      | 2,004,440 |         |   | $      | 1,089,635     |   |   | $            | 16,668        |   |         | $      | (1,408,460 | ) |   | $ | 1,525,773 |   |
|                                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
| Liabilities      and Shareholders’ (Deficit) Equity                               |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
| Current      liabilities:                                                               |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
|     Current      maturities of long-term debt                       |   | $       | —  |   |       | $      | 7,610     |         |   | $      | 7,447         |   |   | $            |  — |   |         | $      | — |   |   | $ | 15,057 |   |
|     Accounts      payable                                           |   |    | —  |   |       |   | 97,442    |         |   |   | 84,657        |   |   |         | 1,841         |   |         |   | — |   |   |   | 183,940 |   |
|     Accrued      compensation and related liabilities               |   |    | —  |   |       |   | 15,670    |         |   |   | 14,171        |   |   |         | —       |   |         |   | — |   |   |   | 29,841 |   |
|     Other      current liabilities                                  |   |    | —  |   |       |   | 76,919    |         |   |   | 20,357        |   |   |         | 803           |   |         |   | — |   |   |   | 98,079 |   |
|     Intercompany      payable (receivable)                          |   |    | —  |   |       |   | 781,625   |         |   |   | (786,378      | )      |   |         | 4,753         |   |         |   | — |   |   |   | — |   |
|     Notes      payable to issuer                                    |   |    | —  |   |       |   | —   |         |   |   | 36,938        |   |   |         | —       |   |         |   | (36,938 | ) |   |   | — |   |
|         Total      current liabilities          |   |    | —  |   |       |   | 979,266   |         |   |   | (622,808      | )      |   |         | 7,397         |   |         |   | (36,938 | ) |   |   | 326,917 |   |
|                                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
| Long-term      debt                                                                     |   |    | —  |   |       |   | 1,197,461 |         |   |   | 21,399        |   |   |         | —       |   |         |   | — |   |   |   | 1,218,860 |   |
| Deferred      income tax liability (asset)                                              |   |    | —  |   |       |   | (47,298   | )            |   |   | 53,981        |   |   |         | (1,679        | )      |         |   | — |   |   |   | 5,004 |   |
| Other      liabilities                                                                  |   |    | —  |   |       |   | 51,521    |         |   |   | 99,981        |   |   |         | —       |   |         |   | — |   |   |   | 151,502 |   |
| Shareholders’      (deficit) equity                                               |   |    | (176,510 | )      |       |   | (176,510  | )            |   |   | 1,537,082     |   |   |         | 10,950        |   |         |   | (1,371,522 | ) |   |   | (176,510 | ) |
|     Total      liabilities and shareholders’ (deficit) equity |   | $       | (176,510 | )      |       | $      | 2,004,440 |         |   | $      | 1,089,635     |   |   | $            | 16,668        |   |         | $      | (1,408,460 | ) |   | $ | 1,525,773 |   |

----

|                                                                                                                                        |   | Parent  |    |   |            Subsidiary |   |     |          Guarantor    |   |   |             Non-Guarantor |   |   |                                                   |    |   |                                                         |   |
|---------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|---------|--------|------------------------------------------------|--------|----------|--------------------------------------|--------|--------|---------------------------------------------------------|--------|--------|--------------------------------------------------------|---------|--------|--------------------------------------------------------------|--------|
|                                                                                                                                        |   | Company |    |   |            Issuer     |   |     |          Subsidiaries |   |   |             Subsidiaries  |   |   |             Eliminations |    |   |              Consolidated |   |
|                                                                                                                                        |   |    |    |   |                                           |   |     |                                 |   |   |                                                    |   |   |                                                   |    |   |                                                         |   |
| Net      sales                                                                                                                              |   | $       | — |   |                                           | $      | 745,381  |                                 |   | $      | 949,974                                                 |   |   | $                                                      | 19,276  |   |                                                         | $      | — |   |   | $ | 1,714,631 |   |
| Cost      of sales                                                                                                                          |   |    | — |   |                                           |   | 629,246  |                                 |   |   | 753,096                                                 |   |   |                                                   | 12,436  |   |                                                         |   | — |   |   |   | 1,394,778 |   |
| Selling,      general and administrative                                                                                                    |   |    | — |   |                                           |   | 118,328  |                                 |   |   | 90,825                                                  |   |   |                                                   | 425     |   |                                                         |   | — |   |   |   | 209,578 |   |
| Amortization      of intangible assets                                                                                                      |   |    | — |   |                                           |   | 425      |                                 |   |   | 9,628                                                   |   |   |                                                   | — |   |                                                         |   | — |   |   |   | 10,053 |   |
| Restructuring      and impairment charges                                                                                                   |   |    | — |   |                                           |   | 43,651   |                                 |   |   | 24,383                                                  |   |   |                                                   | — |   |                                                         |   | — |   |   |   | 68,034 |   |
|   Operating      income (loss)                                                                                                    |   |    | — |   |                                           |   | (46,269  | )                                    |   |   | 72,042                                                  |   |   |                                                   | 6,415   |   |                                                         |   | — |   |   |   | 32,188 |   |
| Interest      expense, net                                                                                                                  |   |    | — |   |                                           |   | 104,585  |                                 |   |   | 1,538                                                   |   |   |                                                   | (60     | )      |                                                         |   | — |   |   |   | 106,063 |   |
| Intercompany      interest expense (income)                                                                                                 |   |    | — |   |                                           |   | (1,042   | )                                    |   |   | 1,042                                                   |   |   |                                                   | — |   |                                                         |   | — |   |   |   | — |   |
| (Gain)      loss on early extinguishment of debt                                                                                            |   |    | — |   |                                           |   | (16,917  | )                                    |   |   | —                                                 |   |   |                                                   | — |   |                                                         |   | — |   |   |   | (16,917 | ) |
| Other      (income) expense, net                                                                                                            |   |    | — |   |                                           |   | 930      |                                 |   |   | (2,586                                                  | )      |   |                                                   | 288     |   |                                                         |   | — |   |   |   | (1,368 | ) |
|   Income      (loss) from continuing operations before      income taxes and equity in income of      unconsolidated subsidiaries |   |    | — |   |                                           |   | (133,825 | )                                    |   |   | 72,048                                                  |   |   |                                                   | 6,187   |   |                                                         |   | — |   |   |   | (55,590 | ) |
| Income      tax expense (benefit)                                                                                                           |   |    | — |   |                                           |   | 893      |                                 |   |   | (19,431                                                 | )      |   |                                                   | 2,785   |   |                                                         |   | — |   |   |   | (15,753 | ) |
|   Income      (loss) from continuing operations before      equity in income of unconsolidated subsidiaries                       |   |    | — |   |                                           |   | (134,718 | )                                    |   |   | 91,479                                                  |   |   |                                                   | 3,402   |   |                                                         |   | — |   |   |   | (39,837 | ) |
| Equity      in income of unconsolidated    subsidiaries                                                                 |   |    | (30,939 | )      |                                           |   | 94,881   |                                 |   |   | 3,402                                                   |   |   |                                                   | — |   |                                                         |   | (67,344 | ) |   |   | — |   |
|   Income      (loss) from continuing operations                                                                                   |   |    | (30,939 | )      |                                           |   | (39,837  | )                                    |   |   | 94,881                                                  |   |   |                                                   | 3,402   |   |                                                         |   | (67,344 | ) |   |   | (39,837 | ) |
| Income      from discontinued operations, net of taxes                                                                                      |   |    | — |   |                                           |   | 8,898    |                                 |   |   | —                                                 |   |   |                                                   | — |   |                                                         |   | — |   |   |   | 8,898 |   |
| Net      income (loss)                                                                                                                      |   | $       | (30,939 | )      |                                           | $      | (30,939  | )                                    |   | $      | 94,881                                                  |   |   | $                                                      | 3,402   |   |                                                         | $      | (67,344 | ) |   | $ | (30,939 | ) |

----

|                                                                                                                                                 |   | Parent  |    |   | Subsidiary |   |    | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|---------|--------|------------|--------|---------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                                                                                                 |   | Company |    |   | Issuer     |   |    | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
| Cash      flows from operating activities:                                                                                                           |   |    |    |   |       |   |    |         |   |   |          |   |   |         |    |   |         |   |
|         Net      cash provided by (used in) operating activities                                             |   | $       | 14,274  |   |       | $      | (79,440 | )            |   | $      | 134,516       |   |   | $            | 2,702   |   |         | $      | — |   |   | $ | 72,052 |   |
| Cash      flows from investing activities:                                                                                                           |   |    |    |   |       |   |    |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
|       Capital      expenditures                                                                                        |   |    | — |   |       |   | (8,863  | )            |   |   | (16,364       | )      |   |         | — |   |         |   | — |   |   |   | (25,227 | ) |
|       Cost      of business acquisitions, net of cash acquired                                                         |   |    | — |   |       |   | (3,189  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (3,189 | ) |
|       Intercompany      note                                                                                           |   |    | — |   |       |   | 2,257   |         |   |   | —       |   |   |         | — |   |         |   | (2,257 | ) |   |   | — |   |
|       Investment      in guarantor subsidiary preferred shares                                                         |   |    | — |   |       |   | — |         |   |   | —       |   |   |         | (6,725  | )      |         |   | 6,725 |   |   |   | — |   |
|       Proceeds      from sale of property, plant and equipment                                                         |   |    | — |   |       |   | 13,041  |         |   |   | 1,578         |   |   |         | — |   |         |   | — |   |   |   | 14,619 |   |
|       Proceeds      from sale of investment                                                                            |   |    | — |   |       |   | — |         |   |   | 4,032         |   |   |         | — |   |         |   | — |   |   |   | 4,032 |   |
|         Net      cash (used in) provided by investing activities                                             |   |    | — |   |       |   | 3,246   |         |   |   | (10,754       | )      |   |         | (6,725  | )      |         |   | 4,468 |   |   |   | (9,765 | ) |
| Cash      flows from financing activities:                                                                                                           |   |    |    |   |       |   |    |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
|       Repayment      of term loans                                                                                     |   |    | — |   |       |   | (24,594 | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (24,594 | ) |
|       Repayment      of 83⁄8% senior subordinated notes                                                            |   |    | — |   |       |   | (23,024 | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (23,024 | ) |
|       Repayments      of other long-term debt                                                                          |   |    | — |   |       |   | (385    | )            |   |   | (11,793       | )      |   |         | — |   |         |   | — |   |   |   | (12,178 | ) |
|       Payment      of amendment and debt issuance costs                                                                |   |    | — |   |       |   | (7,296  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (7,296 | ) |
|       Repayment      of 77⁄8% senior subordinated notes                                                            |   |    | — |   |       |   | (4,295  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (4,295 | ) |
|       Repayment      of 101⁄2% senior notes                                                                         |   |    | — |   |       |   | (3,250  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (3,250 | ) |
|       Purchase      and retirement of common stock upon vesting             of RSUs |   |    | (2,043  | )      |       |   | — |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (2,043 | ) |
|       Payment      of fees on repurchase and retirement of debt                                                        |   |    | — |   |       |   | (94     | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (94 | ) |
|       Borrowings      under revolving credit facility, net                                                             |   |    | — |   |       |   | 14,500  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 14,500 |   |
|       Proceeds      from exercise of stock options                                                                     |   |    | 532     |   |       |   | — |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 532 |   |
|       Proceeds      from issuance of preferred shares                                                                  |   |    | — |   |       |   | — |         |   |   | 6,725         |   |   |         | ― |   |         |   | (6,725 | ) |   |   | — |   |
|       Intercompany      note                                                                                           |   |    | — |   |       |   | — |         |   |   | (2,257        | )      |   |         | — |   |         |   | 2,257 |   |   |   | — |   |
|       Intercompany      advances                                                                                       |   |    | (12,763 | )      |       |   | 128,888 |         |   |   | (116,427      | )      |   |         | 302     |   |         |   | — |   |   |   | — |   |
|         Net      cash (used in) provided by financing activities                                             |   |    | (14,274 | )      |       |   | 80,450  |         |   |   | (123,752      | )      |   |         | 302     |   |         |   | (4,468 | ) |   |   | (61,742 | ) |
| Effect      of exchange rate changes on cash and cash equivalents                                                                                    |   |    | — |   |       |   | — |         |   |   | (299          | )      |   |         | 106     |   |         |   | — |   |   |   | (193 | ) |
|         Net      increase (decrease) in cash and cash equivalents                                            |   |    | — |   |       |   | 4,256   |         |   |   | (289          | )      |   |         | (3,615  | )      |         |   | — |   |   |   | 352 |   |
| Cash      and cash equivalents at beginning of period                                                                                                |   |    | — |   |       |   | 4,715   |         |   |   | 1,053         |   |   |         | 4,676   |   |         |   | — |   |   |   | 10,444 |   |
| Cash      and cash equivalents at end of period                                                                                                      |   | $       | — |   |       | $      | 8,971   |         |   | $      | 764           |   |   | $            | 1,061   |   |         | $      | — |   |   | $ | 10,796 |   |

----

|                                                                                    |   | Parent  |     |   | Subsidiary |   |      | Guarantor    |   |   | Non-Guarantor |   |   |         |          |   |         |   |
|-----------------------------------------------------------------------------------------|--------|---------|----------|--------|------------|--------|-----------|--------------|--------|--------|---------------|--------|--------|--------------|---------------|--------|--------------|--------|
|                                                                                    |   | Company |     |   | Issuer     |   |      | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |          |   | Consolidated |   |
|                                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |
| Assets                                                                                  |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |
| Current      assets:                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |
|     Cash      and cash equivalents                                  |   | $       | —  |   |       | $      | 4,715     |         |   | $      | 1,053         |   |   | $            | 4,676         |   |         | $      | — |   |   | $ | 10,444 |   |
|     Accounts      receivable, net                                   |   |    | —  |   |       |   | 127,634   |         |   |   | 137,746       |   |   |         | 4,765         |   |         |   | — |   |   |   | 270,145 |   |
|     Inventories                                                     |   |    | —  |   |       |   | 86,219    |         |   |   | 72,149        |   |   |         | 1,201         |   |         |   | — |   |   |   | 159,569 |   |
|     Notes      receivable from subsidiaries                         |   |    | —  |   |       |   | 39,195    |         |   |   | —       |   |   |         | —       |   |         |   | (39,195 | ) |   |   | — |   |
|     Prepaid      and other current assets                           |   |    | —  |   |       |   | 62,961    |         |   |   | 9,879         |   |   |         | 2,050         |   |         |   | — |   |   |   | 74,890 |   |
|         Total      current assets               |   |    | —  |   |       |   | 320,724   |         |   |   | 220,827       |   |   |         | 12,692        |   |         |   | (39,195 | ) |   |   | 515,048 |   |
|                                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
| Investment      in subsidiaries                                                         |   |    | (220,955 | )      |       |   | 1,380,326 |         |   |   | 7,063         |   |   |         | —       |   |         |   | (1,166,434 | ) |   |   | — |   |
| Property,      plant and equipment, net                                                 |   |    | —  |   |       |   | 165,140   |         |   |   | 254,841       |   |   |         | 476           |   |         |   | — |   |   |   | 420,457 |   |
| Goodwill                                                                                |   |    | —  |   |       |   | 29,245    |         |   |   | 281,938       |   |   |         | —       |   |         |   | — |   |   |   | 311,183 |   |
| Other      intangible assets, net                                                       |   |    | —  |   |       |   | 9,089     |         |   |   | 267,855       |   |   |         | —       |   |         |   | — |   |   |   | 276,944 |   |
| Other      assets, net                                                                  |   |    | —  |   |       |   | 21,936    |         |   |   | 6,205         |   |   |         | 341           |   |         |   | — |   |   |   | 28,482 |   |
|     Total      assets                                               |   | $       | (220,955 | )      |       | $      | 1,926,460 |         |   | $      | 1,038,729     |   |   | $            | 13,509        |   |         | $      | (1,205,629 | ) |   | $ | 1,552,114 |   |
|                                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
| Liabilities      and Shareholders’ (Deficit) Equity                               |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
| Current      liabilities:                                                               |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
|     Current      maturities of long-term debt                       |   | $       | —  |   |       | $      | 15,956    |         |   | $      | 8,358         |   |   | $            |  — |   |         | $      | — |   |   | $ | 24,314 |   |
|     Accounts      payable                                           |   |    | —  |   |       |   | 99,150    |         |   |   | 73,402        |   |   |         | 1,883         |   |         |   | — |   |   |   | 174,435 |   |
|     Accrued      compensation and related liabilities               |   |    | —  |   |       |   | 21,311    |         |   |   | 16,008        |   |   |         | —       |   |         |   | — |   |   |   | 37,319 |   |
|     Other      current liabilities                                  |   |    | —  |   |       |   | 74,653    |         |   |   | 13,302        |   |   |         | 915           |   |         |   | — |   |   |   | 88,870 |   |
|     Intercompany      payable (receivable)                          |   |    | —  |   |       |   | 658,885   |         |   |   | (663,337      | )      |   |         | 4,452         |   |         |   | — |   |   |   | — |   |
|     Notes      payable to issuer                                    |   |    | —  |   |       |   | —   |         |   |   | 39,195        |   |   |         | —       |   |         |   | (39,195 | ) |   |   | — |   |
|         Total      current liabilities          |   |    | —  |   |       |   | 869,955   |         |   |   | (513,072      | )      |   |         | 7,250         |   |         |   | (39,195 | ) |   |   | 324,938 |   |
|                                                                                    |   |    |     |   |       |   |      |         |   |   |          |   |   |         |          |   |         |   |   |   |   |   |   |   |
| Long-term      debt                                                                     |   |    | —  |   |       |   | 1,259,175 |         |   |   | 22,866        |   |   |         | —       |   |         |   | — |   |   |   | 1,282,041 |   |
| Deferred      income tax liability (asset)                                              |   |    | —  |   |       |   | (56,500   | )            |   |   | 84,076        |   |   |         | (804          | )      |         |   | — |   |   |   | 26,772 |   |
| Other      liabilities                                                                  |   |    | —  |   |       |   | 74,785    |         |   |   | 64,533        |   |   |         | —       |   |         |   | — |   |   |   | 139,318 |   |
| Shareholders’      (deficit) equity                                               |   |    | (220,955 | )      |       |   | (220,955  | )            |   |   | 1,380,326     |   |   |         | 7,063         |   |         |   | (1,166,434 | ) |   |   | (220,955 | ) |
|     Total      liabilities and shareholders’ (deficit) equity |   | $       | (220,955 | )      |       | $      | 1,926,460 |         |   | $      | 1,038,729     |   |   | $            | 13,509        |   |         | $      | (1,205,629 | ) |   | $ | 1,552,114 |   |

----

|                                                                                                                                   |   | Parent  |     |   | Subsidiary |   |     | Guarantor    |   |   |            Non-Guarantor |   |   |         |    |   |                                             |   |
|----------------------------------------------------------------------------------------------------------------------------------------|--------|---------|----------|--------|------------|--------|----------|--------------|--------|--------|---------------------------------------------------|--------|--------|--------------|---------|--------|--------------------------------------------------|--------|
|                                                                                                                                   |   | Company |     |   | Issuer     |   |     | Subsidiaries |   |   |            Subsidiaries  |   |   | Eliminations |    |   |            Consolidated |   |
|                                                                                                                                   |   |    |     |   |       |   |     |         |   |   |                                              |   |   |         |    |   |                                             |   |
| Net      sales                                                                                                                         |   | $       | —  |   |       | $      | 993,403  |         |   | $      | 1,085,130                                         |   |   | $            | 20,161  |   |                                             | $      | — |   |   | $ | 2,098,694 |   |
| Cost      of sales                                                                                                                     |   |    | —  |   |       |   | 809,380  |         |   |   | 847,861                                           |   |   |         | 13,944  |   |                                             |   | — |   |   |   | 1,671,185 |   |
| Selling,      general and administrative                                                                                               |   |    | —  |   |       |   | 144,490  |         |   |   | 97,929                                            |   |   |         | 562     |   |                                             |   | — |   |   |   | 242,981 |   |
| Amortization      of intangible assets                                                                                                 |   |    | —  |   |       |   | 447      |         |   |   | 8,561                                             |   |   |         | — |   |                                             |   | — |   |   |   | 9,008 |   |
| Restructuring      and impairment charges                                                                                              |   |    | —  |   |       |   | 167,897  |         |   |   | 231,169                                           |   |   |         | — |   |                                             |   | — |   |   |   | 399,066 |   |
|   Operating      income (loss)                                                                                               |   |    | —  |   |       |   | (128,811 | )            |   |   | (100,390                                          | )      |   |         | 5,655   |   |                                             |   | — |   |   |   | (223,546 | ) |
| Interest      expense, net                                                                                                             |   |    | —  |   |       |   | 105,739  |         |   |   | 1,747                                             |   |   |         | (165    | )      |                                             |   | — |   |   |   | 107,321 |   |
| Intercompany      interest expense (income)                                                                                            |   |    | —  |   |       |   | (2,320   | )            |   |   | 2,320                                             |   |   |         | — |   |                                             |   | — |   |   |   | — |   |
| (Gain)      loss on early extinguishment of debt                                                                                       |   |    | —  |   |       |   | (14,642  | )            |   |   | —                                           |   |   |         | — |   |                                             |   | — |   |   |   | (14,642 | ) |
| Other      (income) expense, net                                                                                                       |   |    | —  |   |       |   | 305      |         |   |   | (197                                              | )      |   |         | (745    | )      |                                             |   | — |   |   |   | (637 | ) |
|   Income      (loss) from continuing operations before income taxes and equity in income      of unconsolidated subsidiaries |   |    | —  |   |       |   | (217,893 | )            |   |   | (104,260                                          | )      |   |         | 6,565   |   |                                             |   | — |   |   |   | (315,588 | ) |
| Income      tax expense (benefit)                                                                                                      |   |    | —  |   |       |   | (15,549  | )            |   |   | (3,270                                            | )      |   |         | 207     |   |                                             |   | — |   |   |   | (18,612 | ) |
|   Income      (loss) from continuing operations before equity in income of      unconsolidated subsidiaries                  |   |    | —  |   |       |   | (202,344 | )            |   |   | (100,990                                          | )      |   |         | 6,358   |   |                                             |   | — |   |   |   | (296,976 | ) |
| Equity      in income of unconsolidated subsidiaries                                                                              |   |    | (298,027 | )      |       |   | (94,632  | )            |   |   | 6,358                                             |   |   |         | — |   |                                             |   | 386,301 |   |   |   | — |   |
|   Income      (loss) from continuing operations                                                                              |   |    | (298,027 | )      |       |   | (296,976 | )            |   |   | (94,632                                           | )      |   |         | 6,358   |   |                                             |   | 386,301 |   |   |   | (296,976 | ) |
| Income      from discontinued operations, net of taxes                                                                            |   |    | —  |   |       |   | (1,051   | )            |   |   | —                                           |   |   |         | — |   |                                             |   | — |   |   |   | (1,051 | ) |
| Net      income (loss)                                                                                                                 |   | $       | (298,027 | )      |       | $      | (298,027 | )            |   | $      | (94,632                                           | )      |   | $            | 6,358   |   |                                             | $      | 386,301 |   |   | $ | (298,027 | ) |

----

|                                                                                                                                                   |   | Parent  |    |   | Subsidiary |   |     | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|---------|--------|------------|--------|----------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                                                                                                   |   | Company |    |   | Issuer     |   |     | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
| Cash      flows from operating activities:                                                                                                             |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |
|         Net      cash provided (used in) by operating activities                                               |   | $       | 18,140  |   |       | $      | (69,095  | )            |   | $      | 258,441       |   |   | $            | 2,362   |   |         | $      | — |   |   | $ | 209,848 |   |
| Cash      flows from investing activities:                                                                                                             |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
|       Cost      of business acquisitions, net of cash acquired                                                           |   |    | — |   |       |   | (47,412  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (47,412 | ) |
|       Capital      expenditures                                                                                          |   |    | — |   |       |   | (27,368  | )            |   |   | (21,875       | )      |   |         | — |   |         |   | — |   |   |   | (49,243 | ) |
|       Intercompany      note                                                                                             |   |    | — |   |       |   | 913      |         |   |   | —       |   |   |         | — |   |         |   | (913 | ) |   |   | — |   |
|       Acquisition      payments                                                                                          |   |    | — |   |       |   | (3,653   | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (3,653 | ) |
|       Proceeds      from sale of property, plant and equipment                                                           |   |    | — |   |       |   | 17,944   |         |   |   | 314           |   |   |         | — |   |         |   | — |   |   |   | 18,258 |   |
|         Net      cash (used in) provided by investing activities                                          |   |    | — |   |       |   | (59,576  | )            |   |   | (21,561       | )      |   |         | — |   |         |   | (913 | ) |   |   | (82,050 | ) |
| Cash      flows from financing activities:                                                                                                             |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
|       Repayment      of senior unsecured loan                                                                            |   |    | — |   |       |   | (175,000 | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (175,000 | ) |
|       Repayment      under revolving credit facility, net                                                                |   |    | — |   |       |   | (83,200  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (83,200 | ) |
|       Repayment      of 83⁄8% senior subordinated notes                                                              |   |    | — |   |       |   | (19,567  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (19,567 | ) |
|       Repayments      of other long-term debt                                                                            |   |    | — |   |       |   | (1,137   | )            |   |   | (17,796       | )      |   |         | — |   |         |   | — |   |   |   | (18,933 | ) |
|       Repayment      of 77⁄8% senior subordinated notes                                                              |   |    | — |   |       |   | (10,561  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (10,561 | ) |
|       Repayments      of term loans                                                                                      |   |    | — |   |       |   | (7,200   | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (7,200 | ) |
|       Payment      of debt issuance costs                                                                                |   |    | — |   |       |   | (5,297   | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (5,297 | ) |
|       Purchase      and retirement of common stock upon vesting             of RSUs   |   |    | (1,054  | )      |       |   | —  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (1,054 | ) |
|       Tax      liability from stock-based compensation                                                                   |   |    | (1,377  | )      |       |   | —  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (1,377 | ) |
|       Payment      of refinancing fees, redemption, premiums and             expenses |   |    | — |   |       |   | (130     | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (130 | ) |
|       Proceeds      from issuance of 101⁄2% senior notes                                                              |   |    | — |   |       |   | 175,000  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 175,000 |   |
|       Proceeds      from issuance of other long-term debt                                                                |   |    | — |   |       |   | 6,927    |         |   |   | 6,000         |   |   |         | — |   |         |   | — |   |   |   | 12,927 |   |
|       Proceeds      from exercise of stock options                                                                       |   |    | 1,876   |   |       |   | —  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 1,876 |   |
|       Intercompany      note                                                                                             |   |    | — |   |       |   | —  |         |   |   | (913          | )      |   |         | — |   |         |   | 913 |   |   |   | — |   |
|       Intercompany      advances                                                                                         |   |    | (17,585 | )      |       |   | 240,460  |         |   |   | (224,000      | )      |   |         | 1,125   |   |         |   | — |   |   |   | — |   |
|         Net      cash (used in) provided by financing activities                                               |   |    | (18,140 | )      |       |   | 120,295  |         |   |   | (236,709      | )      |   |         | 1,125   |   |         |   | 913 |   |   |   | (132,516 | ) |
| Effect      of exchange rate changes on cash and cash equivalents of continuing      operations                                                        |   |    | — |   |       |   | —  |         |   |   | —       |   |   |         | (720    | )      |         |   | — |   |   |   | (720 | ) |
|         Net      (decrease) increase  in cash and cashequivalents                                    |   |    | — |   |       |   | (8,376   | )            |   |   | 171           |   |   |         | 2,767   |   |         |   | — |   |   |   | (5,438 | ) |
| Cash      and cash equivalents at beginning of year                                                                                                    |   |    | — |   |       |   | 13,091   |         |   |   | 882           |   |   |         | 1,909   |   |         |   | — |   |   |   | 15,882 |   |
| Cash      and cash equivalents at end of year                                                                                                          |   | $       | — |   |       | $      | 4,715    |         |   | $      | 1,053         |   |   | $            | 4,676   |   |         | $      | — |   |   | $ | 10,444 |   |

----

|                                                                                                                                        |   | ParentCompany |    |   |  SubsidiaryIssuer |   |      | GuarantorSubidiaries |   |   | Non-GuarantorSubsidiaries |   |   | Eliminations |    |   | Consolidated |   |
|---------------------------------------------------------------------------------------------------------------------------------------------|--------|---------------|---------|--------|------------------------|--------|-----------|----------------------|--------|--------|---------------------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                                                                                        |   |          |    |   |                   |   |      |                 |   |   |                      |   |   |         |    |   |         |   |
| Net      sales                                                                                                                              |   | $             | — |   |                   | $      | 1,162,075 |                 |   | $      | 872,947                   |   |   | $            | 11,694  |   |         | $      | — |   |   | $ | 2,046,716 |   |
| Cost      of sales                                                                                                                          |   |          | — |   |                   |   | 954,373   |                 |   |   | 665,472                   |   |   |         | 8,861   |   |         |   | — |   |   |   | 1,628,706 |   |
| Selling,      general and administrative                                                                                                    |   |          | — |   |                   |   | 164,620   |                 |   |   | 64,907                    |   |   |         | 434     |   |         |   | — |   |   |   | 229,961 |   |
| Amortization      of intangible assets                                                                                                      |   |          | — |   |                   |   | 4,826     |                 |   |   | 5,587                     |   |   |         | — |   |         |   | — |   |   |   | 10,413 |   |
| Restructuring      and impairment charges                                                                                                   |   |          | — |   |                   |   | 39,956    |                 |   |   | 130                       |   |   |         | — |   |         |   | — |   |   |   | 40,086 |   |
|   Operating      income (loss)                                                                                                    |   |          | — |   |                   |   | (1,700    | )                    |   |   | 136,851                   |   |   |         | 2,399   |   |         |   | — |   |   |   | 137,550 |   |
| Gain      on sale of non-strategic businesses                                                                                               |   |          | — |   |                   |   | (189      | )                    |   |   | —                   |   |   |         | — |   |         |   | — |   |   |   | (189 | ) |
| Interest      expense, net                                                                                                                  |   |          | — |   |                   |   | 90,070    |                 |   |   | 1,411                     |   |   |         | (14     | )      |         |   | — |   |   |   | 91,467 |   |
| Intercompany      interest expense (income)                                                                                                 |   |          | — |   |                   |   | (3,598    | )                    |   |   | 3,598                     |   |   |         | — |   |         |   | — |   |   |   | — |   |
| Loss      on early extinguishment of debt                                                                                                   |   |          | — |   |                   |   | 9,186     |                 |   |   | 70                        |   |   |         | — |   |         |   | — |   |   |   | 9,256 |   |
| Other      expense, net                                                                                                                     |   |          | — |   |                   |   | 1,091     |                 |   |   | 1,681                     |   |   |         | 359     |   |         |   | — |   |   |   | 3,131 |   |
|   Income      (loss) from continuing operations before      income taxes and equity in income of unconsolidated      subsidiaries |   |          | — |   |                   |   | (98,260   | )                    |   |   | 130,091                   |   |   |         | 2,054   |   |         |   | — |   |   |   | 33,885 |   |
| Income      tax expense (benefit)                                                                                                           |   |          | — |   |                   |   | 12,303    |                 |   |   | (2,504                    | )      |   |         | 101     |   |         |   | — |   |   |   | 9,900 |   |
|   Income      (loss) from continuing operations before      equity in income of unconsolidated subsidiaries                       |   |          | — |   |                   |   | (110,563  | )                    |   |   | 132,595                   |   |   |         | 1,953   |   |         |   | — |   |   |   | 23,985 |   |
| Equity      in income of unconsolidated    subsidiaries                                                                 |   |          | 40,781  |   |                   |   | 134,548   |                 |   |   | 1,953                     |   |   |         | — |   |         |   | (177,282 | ) |   |   | — |   |
|   Income      (loss) from continuing operations                                                                                   |   |          | 40,781  |   |                   |   | 23,985    |                 |   |   | 134,548                   |   |   |         | 1,953   |   |         |   | (177,282 | ) |   |   | 23,985 |   |
| Income      from discontinued operations, net of taxes                                                                                      |   |          | — |   |                   |   | 16,796    |                 |   |   | —                   |   |   |         | — |   |         |   | — |   |   |   | 16,796 |   |
| Net      income (loss)                                                                                                                      |   | $             | 40,781  |   |                   | $      | 40,781    |                 |   | $      | 134,548                   |   |   | $            | 1,953   |   |         | $      | (177,282 | ) |   | $ | 40,781 |   |

----

|                                                                                                                                                                           |   | Parent  |    |   | Subsidiary |   |     | Guarantor    |   |   | Non-Guarantor |   |   |         |    |   |         |   |
|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|---------|---------|--------|------------|--------|----------|--------------|--------|--------|---------------|--------|--------|--------------|---------|--------|--------------|--------|
|                                                                                                                                                                           |   | Company |    |   | Issuer     |   |     | Subsidiaries |   |   | Subsidiaries  |   |   | Eliminations |    |   | Consolidated |   |
| Cash      flows from operating activities:                                                                                                                                     |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |
|         Net      cash (used in) provided by continuing operating               activities |   | $       | 10,280  |   |       | $      | (65,159  | )            |   | $      | 139,178       |   |   | $            | 1,909   |   |         | $      | — |   |   | $ | 86,208 |   |
|         Net      cash provided by discontinued operating activities                                                                    |   |    | — |   |       |   | 2,198    |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 2,198 |   |
|         Net      cash (used in) provided by operating activities                                                                       |   |    | 10,280  |   |       |   | (62,961  | )            |   |   | 139,178       |   |   |         | 1,909   |   |         |   | — |   |   |   | 88,406 |   |
| Cash      flows from investing activities:                                                                                                                                     |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
|       Cost      of business acquisitions, net of cash acquired                                                                                   |   |    | — |   |       |   | (627,304 | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (627,304 | ) |
|       Capital      expenditures                                                                                                                  |   |    | — |   |       |   | (14,016  | )            |   |   | (17,522       | )      |   |         | — |   |         |   | — |   |   |   | (31,538 | ) |
|       Intercompany      note                                                                                                                     |   |    | — |   |       |   | 2,733    |         |   |   | —       |   |   |         | — |   |         |   | (2,733 | ) |   |   | — |   |
|       Acquisition      payments                                                                                                                  |   |    | — |   |       |   | (3,653   | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (3,653 | ) |
|       Proceeds      from sale of property, plant and equipment                                                                                   |   |    | — |   |       |   | 8,702    |         |   |   | 247           |   |   |         | — |   |         |   | — |   |   |   | 8,949 |   |
|       Proceeds      from divestitures, net                                                                                                       |   |    | — |   |       |   | 431      |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 431 |   |
|         Net      cash provided by (used in) investing activities of continuing      operations                                         |   |    | — |   |       |   | (633,107 | )            |   |   | (17,275       | )      |   |         | — |   |         |   | (2,733 | ) |   |   | (653,115 | ) |
|       Proceeds      from the sale of discontinued operations                                                                                     |   |    | — |   |       |   | 73,628   |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 73,628 |   |
|         Net      cash provided by investing activities of discontinued      operations                                                 |   |    | — |   |       |   | 73,628   |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 73,628 |   |
|         Net      cash provided by (used in) investing activities                                                                  |   |    | — |   |       |   | (559,479 | )            |   |   | (17,275       | )      |   |         | — |   |         |   | (2,733 | ) |   |   | (579,487 | ) |
| Cash      flows from financing activities:                                                                                                                                     |   |    |    |   |       |   |     |         |   |   |          |   |   |         |    |   |         |   |   |   |   |   |   |   |
|       Proceeds      from issuance of term loans                                                                                                  |   |    | — |   |       |   | 720,000  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 720,000 |   |
|       Proceeds      from unsecured loan                                                                                                          |   |    | — |   |       |   | 175,000  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 175,000 |   |
|       Borrowings      under revolving credit facility, net                                                                                       |   |    | — |   |       |   | 75,700   |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 75,700 |   |
|       Proceeds      from exercise of stock options                                                                                               |   |    | 304     |   |       |   | —  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 304 |   |
|       Proceeds      from excess tax benefit from stock based             compensation                         |   |    | 67      |   |       |   | —  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | 67 |   |
|       Repayment      of term loan B                                                                                                              |   |    | — |   |       |   | (324,188 | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (324,188 | ) |
|       Repayment      of Cadmus revolving senior bank credit             facility                              |   |    | — |   |       |   | (70,100  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (70,100 | ) |
|       Repayment      of 83⁄8% senior subordinated notes                                                                                      |   |    | — |   |       |   | (20,880  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (20,880 | ) |
|       Repayment      of 95⁄8% notes                                                                                                          |   |    | — |   |       |   | (10,498  | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (10,498 | ) |
|       Repayments      of term loans                                                                                                              |   |    | — |   |       |   | (4,900   | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (4,900 | ) |
|       Repayments      of other long-term debt                                                                                                    |   |    | — |   |       |   | (2,477   | )            |   |   | (26,576       | )      |   |         | — |   |         |   | — |   |   |   | (29,053 | ) |
|       Payment      of refinancing fees, redemption, premiums and             expenses                         |   |    | — |   |       |   | (8,045   | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (8,045 | ) |
|       Payment      of debt issuance costs                                                                                                        |   |    | — |   |       |   | (5,906   | )            |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (5,906 | ) |
|       Purchase      and retirement of common stock upon vesting             of RSUs                           |   |    | (1,302  | )      |       |   | —  |         |   |   | —       |   |   |         | — |   |         |   | — |   |   |   | (1,302 | ) |
|       Intercompany      note                                                                                                                     |   |    | — |   |       |   | —  |         |   |   | (2,733        | )      |   |         | — |   |         |   | 2,733 |   |   |   | — |   |
|       Intercompany      advances                                                                                                                 |   |    | (9,349  | )      |       |   | 103,170  |         |   |   | (93,821       | )      |   |         | — |   |         |   | — |   |   |   | — |   |
|         Net      cash provided by (used in) financing activities                                                                       |   |    | (10,280 | )      |       |   | 626,876  |         |   |   | (123,130      | )      |   |         | — |   |         |   | 2,733 |   |   |   | 496,199 |   |
| Effect      of exchange rate changes on cash and cash equivalents of continuing      operations                                                                                |   |    | — |   |       |   | —  |         |   |   | 206           |   |   |         | — |   |         |   | — |   |   |   | 206 |   |
|         Net      increase (decrease) in cash and cash equivalents                                                                      |   |    | — |   |       |   | 4,436    |         |   |   | (1,021        | )      |   |         | 1,909   |   |         |   | — |   |   |   | 5,324 |   |
| Cash      and cash equivalents at beginning of year                                                                                                                            |   |    | — |   |       |   | 8,655    |         |   |   | 1,903         |   |   |         | — |   |         |   | — |   |   |   | 10,558 |   |
| Cash      and cash equivalents at end of year                                                                                                                                  |   | $       | — |   |       | $      | 13,091   |         |   | $      | 882           |   |   | $            | 1,909   |   |         | $      | — |   |   | $ | 15,882 |   |

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | FirstQuarter |    |   | SecondQuarter |   |    | ThirdQuarter |   |   | FourthQuarter |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|---------|--------|---------------|--------|---------|--------------|--------|--------|---------------|--------|
| Year      Ended 2009                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |         |    |   |          |   |    |         |   |   |          |   |
| Net      sales                                                                                          |   | $            | 412,100 |   |          | $      | 397,644 |         |   | $      | 448,039       |   |   | $ | 456,848 |   |
| Operating      income      (loss)                                                                       |   |         | 221     |   |          |   | (5,477  | )            |   |   | 25,002        |   |   |   | 12,442 |   |
| Income      (loss) from continuing operations                                                                                                                                                                                                                                                                                                                                                                                                                         |   |         | (4,187  | )      |          |   | (17,841 | )            |   |   | (8,432        | )      |   |   | (9,377 | ) |
| Income      (loss) from discontinued operations, net of taxes                                                                                                                                                                                                                                                                                                                                                                                                         |   |         | (124    | )      |          |   | (411    | )            |   |   | 9,505         |   |   |   | (72 | ) |
| Net      income      (loss)                                                                             |   |         | (4,311  | )      |          |   | (18,252 | )            |   |   | 1,073         |   |   |   | (9,449 | ) |
| Income      (loss) per share from continuing operations—                                                                                                                                                                                                                                                                                                                                                                                                        |   |         |    |   |          |   |    |         |   |   |          |   |   |   |   |   |
| Basic      and diluted(1)                                                                                         |   |         | (0.08   | )      |          |   | (0.33   | )            |   |   | (0.15         | )      |   |   | (0.15 | ) |
| Income      (loss) per share from discontinued operations—                                                                                                                                                                                                                                                                                                                                                                                                      |   |         |    |   |          |   |    |         |   |   |          |   |   |   |   |   |
| Basic      and diluted(1)                                                                                         |   |         | — |   |          |   | (0.01   | )            |   |   | 0.17          |   |   |   | — |   |
| Net      income (loss) per share—basic and diluted(1)                                                                                                                                                                                                                                                                                                                                                                                                           |   |         | (0.08   | )      |          |   | (0.34   | )            |   |   | 0.02          |   |   |   | (0.15 | ) |

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   | FirstQuarter |    |    | SecondQuarter |   |    | ThirdQuarter |   |   | FourthQuarter |    |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------|---------|---------|---------------|--------|---------|--------------|--------|--------|---------------|---------|--------|
| Year      Ended 2008                                                                                                                                                                                                                                                                                                                                                                                                                                                  |   |         |    |    |          |   |    |         |   |   |          |    |   |
| Net      sales                                                                                          |   | $            | 534,328 |    |          | $      | 524,501 |         |   | $      | 522,705       |    |   | $ | 517,160 |   |   |
| Operating      income      (loss)                                                                       |   |         | 22,980  |    |          |   | 36,151  |         |   |   | 48,176        |    |   |   | (330,853 | ) | (2) |
| Income      (loss) from continuing operations                                                                                                                                                                                                                                                                                                                                                                                                                         |   |         | (2,743  | )       |          |   | 3,066   |         |   |   | 12,387        |    |   |   | (309,686 | ) | (3) |
| Income      (loss) from discontinued operations, net of taxes                                                                                                                                                                                                                                                                                                                                                                                                         |   |         | (656    | )  |          |   | (399    | )       |   |   | (59           | )  |   |   | 63 |   |   |
| Net      income      (loss)                                                                             |   |         | (3,399  | )  |          |   | 2,667   |         |   |   | 12,328        |    |   |   | (309,623 | ) | (3) |
| Income      (loss) per share from continuing operations—                                                                                                                                                                                                                                                                                                                                                                                                        |   |         |    |    |          |   |    |         |   |   |          |    |   |   |   |   |   |
| Basic      and diluted(1)                                                                                         |   |         | (0.05   | )       |          |   | 0.06    |         |   |   | 0.23          |    |   |   | (5.71 | ) |   |
| Income      (loss) per share from discontinued operations—                                                                                                                                                                                                                                                                                                                                                                                                      |   |         |    |    |          |   |    |         |   |   |          |    |   |   |   |   |   |
| Basic      and diluted(1)                                                                                         |   |         | (0.01   | )  |          |   | (0.01   | )       |   |   | —       |    |   |   | — |   |   |
| Net      income (loss) per share—basic and diluted(1)                                                                                                                                                                                                                                                                                                                                                                                                           |   |         | (0.06   | )  |          |   | 0.05    |         |   |   | 0.23          |    |   |   | (5.71 | ) |   |

| (1) | The      quarterly earnings per share information is computed separately for each      period. Therefore, the sum of such quarterly per share amounts may differ      from the total year. |
|-----|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (2) | Includes      $372.8 million of pre-tax goodwill impairment  charges. |
|-----|-----------------------------------------------------------------------|

| (3) | Includes      $330.7 million of goodwill impairment charges, net of a tax benefit of      $42.1 million. |
|-----|----------------------------------------------------------------------------------------------------------|

----

Item 9.  Changes in and Disagreements with Accountants onAccounting and Financial Disclosure

Item 9A.  Controls and Procedures

----

----

Item 9B.   Other Information

Item 10.   Directors, Executive Officers andCorporate Governance

Item 11.   Executive Compensation

Item 12.   Security Ownership of Certain BeneficialOwners and Management and Related Stockholder Matters

Item 13.   Certain Relationships and RelatedTransactions, and Director Independence

Item 14.   Principal Accountant Fees andServices

Item 15.   Exhibits and Financial StatementSchedules

|             |                                                        | Page   |   |
|------------------|-------------------------------------------------------------|--------|--------|
| Schedule      II | Valuation      and Qualifying Accounts for the Years Ended  |   |   |
|             | January      2, 2010, January 3, 2009 and December 29, 2007 | 91     |   |

----

| ExhibitNumber |   | Description                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         |
|---------------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 2.1           |   | Stock      Purchase Agreement dated as of July 17, 2007 among Cenveo Corporation,      Commercial Envelope Manufacturing Co. Inc. and its      shareholders—incorporated by reference to Exhibit 2.1 to registrant’s      current report on Form 8-K filed July 20, 2007.                                                                                                                                                                                                                               |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 3.1           |   | Articles      of Incorporation—incorporated by reference to Exhibit 3(i) of the      registrant’s quarterly report on Form 10-Q for the quarter ended June 30,      1997, filed August 14, 1997.                                                                                                                                                                                                                                                                                                        |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 3.2           |   | Articles      of Amendment to the Articles of Incorporation dated May 17,      2004—incorporated by reference to Exhibit 3.2 to registrant’s quarterly      report on Form 10-Q for the quarter ended June 30, 2004, filed August 2,      2004.                                                                                                                                                                                                                                                         |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 3.3           |   | Amendment      to Articles of Incorporation and Certificate of Designations of Series A      Junior Participating Preferred Stock of the registrant dated April 20,      2005—incorporated by reference to Exhibit 3.1 to registrant’s current      report on Form 8-K filed April 21, 2005.                                                                                                                                                                                                            |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 3.4           |   | Bylaws      as amended and restated effective February 22, 2007—incorporated by      reference to Exhibit 3.2 to registrant’s current report on Form 8-K filed      August 30, 2007.                                                                                                                                                                                                                                                                                                                    |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 4.1           |   | Indenture      dated as of February 4, 2004 between Mail-Well I Corporation, the      Guarantors named therein and U.S. Bank National Association, as Trustee,      and Form of Senior Subordinated Note and Guarantee relating to Mail-Well I      Corporation’s 77⁄8% Senior Subordinated Notes due 2013—incorporated by      reference to Exhibit 4.5 to registrant’s annual report on Form 10-K for      the year ended December 31, 2003, filed February 27,  2004.                      |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 4.2           |   | Supplemental      Indenture, dated as of June 21, 2006 among Cenveo Corporation (f/k/a      Mail-Well I Corporation), the Guarantors named therein and U.S. Bank      National Association, as Trustee, to the Indenture dated as of February 4,      2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—incorporated      by reference to Exhibit 4.2 to registrant’s current report on Form 8-K      filed June 27, 2006.                                                              |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 4.3           |   | Third      Supplemental Indenture, dated as of March 7, 2007 among Cenveo Corporation      (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S.      Bank National Association, as Trustee, to the Indenture dated as of      February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—      incorporated by reference to Exhibit 4.7 to registrant’s quarterly report      on Form 10-Q for the quarter ended March 31, 2007, filed May 9,      2007.           |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 4.4           |   | Fourth      Supplemental Indenture, dated as of July 9, 2007 among Cenveo Corporation      (f/k/a Mail-Well I Corporation), the Guarantors named therein and U.S.      Bank National Association, as Trustee, to the Indenture dated as of      February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due 2013—      incorporated by reference to Exhibit 4.8 to registrant’s quarterly report      on Form 10-Q for the quarter ended June 30, 2007, filed August 8,      2007.         |
|          |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                |
| 4.5           |   | Fifth      Supplemental Indenture, dated as of August 30, 2007 among Cenveo      Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein      and U.S. Bank National Association, as Trustee, to the Indenture dated as      of February 4, 2004 relating to the 77⁄8% Senior Subordinated Notes due      2013—incorporated by reference to Exhibit 4.6 to registrant’s quarterly      report on Form 10-Q for the quarter ended September 29, 2007, filed      November 8, 2007. |

| 4.6 |   | Sixth      Supplemental Indenture, dated as of April 16, 2008 among Cenveo      Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein      and U.S. Bank National Association, as Trustee, to the Indenture dated as      of February 4, 2004, relating to the 77⁄8% Senior Subordinated Notes due      2013—incorporated by reference to Exhibit 4.7 to registrant’s quarterly      report on Form 10-Q for the quarter ended June 28, 2008, filed August 7,      2008. |
|-----|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.7    |   | Seventh      Supplemental Indenture, dated as of August 20, 2008 among Cenveo      Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein      and U.S. Bank National Association, as Trustee, to the Indenture dated as      of February 4, 2004, relating to the 77⁄8% Senior Subordinated Notes due      2013—incorporated by reference to Exhibit 4.8 to registrant’s quarterly      report on Form 10-Q for the quarter ended September 27, 2008, filed      November 5, 2008. |

----

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.8    |   | Eighth      Supplemental Indenture, dated as of October 15, 2009 among Cenveo      Corporation (f/k/a Mail-Well I Corporation), the Guarantors named therein      and U.S. Bank National Association, as Trustee, to the Indenture dated as      of February 4, 2004, relating to the 77⁄8% Senior Subordinated Notes due      2013—incorporated by reference to Exhibit 4.1 to registrant’s current      report on Form 8-K filed October 16, 2009.                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.9    |   | Indenture,      dated as of June 15, 2004, among Cadmus Communications Corporation, the      Guarantors named therein and Wachovia Bank, National Association, as      Trustee, relating to the 83⁄8% Senior Subordinated Notes due      2014—incorporated by reference to Exhibit 4.9 to Cadmus Communications      Corporation’s registration statement on Form S-4 filed August 24,      2004.                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      |
| 4.10   |   | First      Supplemental Indenture, dated as of March 1, 2005, to the Indenture dated      as of June 15, 2004, among Cadmus Communications Corporation, the      Guarantors named therein, Mack Printing, LLC and Wachovia Bank, National      Association, as Trustee, relating to the 83⁄8% Senior Subordinated Notes due      2014—incorporated by reference to Exhibit 4.9.1 to Cadmus Communications      Corporation’s quarterly report on Form 10-Q for the quarter ended March      31, 2005, filed May 13, 2005. |

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |
|--------|--------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.11   |   | Second      Supplemental Indenture, dated as of May 19, 2006, to the Indenture dated      as of June 15, 2004, among Cadmus Communications Corporation, the      Guarantors named therein and U.S. Bank National Association (successor to      Wachovia Bank, National Association), as Trustee, relating to the 83⁄8%      Senior Subordinated Notes due 2014—incorporated by reference to Exhibit      4.9.2 to Cadmus Communications Corporation’s annual report on Form 10-K      for the year ended July 1, 2006, filed September 13,  2006. |

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.12   |   | Third      Supplemental Indenture, dated as of March 7, 2007, to the Indenture dated      as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus      Communications Corporation), the Guarantors named therein and U.S. Bank      National Association (successor to Wachovia Bank, National Association),      as Trustee, relating to the 83⁄8% Senior Subordinated Notes due      2014—incorporated by reference to Exhibit 4.11 to registrant’s quarterly      report on Form 10-Q for the quarter ended March 31, 2007, filed May 9,      2007.   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   |
| 4.13   |   | Fourth      Supplemental Indenture, dated as of July 9, 2007, to the Indenture dated      as of June 15, 2004, among Cenveo Corporation (as successor to Cadmus      Communications Corporation), the Guarantors named therein and U.S. Bank      National Association (successor to Wachovia Bank, National Association),      as Trustee, relating to the 83⁄8% Senior Subordinated Notes due      2014—incorporated by reference to Exhibit 4.13 to registrant’s quarterly      report on Form 10-Q for the quarter ended June 30, 2007, filed August 8,      2007. |

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            |
|--------|--------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.14   |   | Fifth      Supplemental Indenture, dated as of August 30, 2007, to the Indenture      dated as of June 15, 2004, among Cenveo Corporation (as successor to      Cadmus Communications Corporation), the Guarantors named therein and U.S.      Bank National Association (successor to Wachovia Bank, National      Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes      due 2014—incorporated by reference to Exhibit 4.13 to registrant’s      quarterly report on Form 10-Q for the quarter ended September 29, 2007,      filed November 8, 2007. |

----

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.15   |   | Sixth      Supplemental Indenture, dated as of November 7, 2007, to the Indenture      dated as of June 15, 2004, among Cenveo Corporation (as successor to      Cadmus Communications Corporation), the Guarantors named therein and U.S.      Bank National Association (successor to Wachovia Bank, National      Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes      due 2014—incorporated by reference to Exhibit 4.12 to registrant’s annual      report on Form 10-K for the year ended December 29, 2007, filed on March      28, 2008.               |
| 4.16   |   | Seventh      Supplemental Indenture, dated as of April 16, 2008, to the Indenture dated      as of June 15, 2004, among   Cenveo Corporation (as      successor to Cadmus Communications Corporation), the Guarantors named      therein and U.S. Bank National Association (successor to Wachovia Bank,      National Association), as Trustee, relating to the 83⁄8% Senior Subordinated      Notes due 2014—incorporated by reference to Exhibit 4.16 to registrant’s      quarterly report on Form 10-Q for the quarter ended June 28, 2008, filed      on August 7, 2008. |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4.17   |   | Eighth      Supplemental Indenture, dated as of August 20, 2008, to the Indenture      dated as of June 15, 2004, among Cenveo Corporation (as successor to      Cadmus Communications Corporation), the Guarantors named therein and U.S.      Bank National Association (successor to Wachovia Bank, National      Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes      due 2014—incorporated by reference to Exhibit 4.18 to registrant’s      quarterly report on Form 10-Q for the quarter ended September 27, 2008,      filed November 5, 2008.              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4.18   |   | Ninth      Supplemental Indenture, dated as of October 15, 2009, to the Indenture      dated as of June 15, 2004, among Cenveo Corporation (as successor to      Cadmus Communications Corporation), the Guarantors named therein and U.S.      Bank National Association (successor to Wachovia Bank, National      Association), as Trustee, relating to the 83⁄8% Senior Subordinated Notes      due 2014—incorporated by reference to Exhibit 4.2 to registrant’s current      report on Form 8-K filed October 16, 2009.                                                                 |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4.19   |   | Indenture,      dated as of June 13, 2008, between Cenveo Corporation and U.S. Bank      National Association, as Trustee, relating to the 101⁄2% Notes of Cenveo      Corporation—incorporated by reference to Exhibit 4.1 to registrant’s      current report on Form 8-K filed June 13, 2008.                                                                                                                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4.20   |   | Guarantee      by Cenveo, Inc. and the other guarantors named therein relating to the      101⁄2% Notes of Cenveo Corporation—incorporated by reference to Exhibit 4.2      to registrant’s current report on Form 8-K dated (date of earliest event      reported) June 9, 2008, filed June 13, 2008.                                                                                                                                                                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4.21   |   | First      Supplemental Indenture, dated as of August 20, 2008, to the Indenture of      June 13, 2008 between Cenveo Corporation and U.S. Bank National      Association, as Trustee, relating to the 101⁄2% Notes of Cenveo      Corporation—incorporated by reference to Exhibit 4.21 to registrant’s      quarterly report on Form 10-Q for the quarter ended September 27, 2008,      filed November 5, 2008.                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4.22   |   | Second      Supplemental Indenture, dated as of October 15, 2009, to the Indenture of      June 13, 2008 between Cenveo Corporation and U.S. Bank National      Association, as Trustee, relating to the 101⁄2% Notes of Cenveo      Corporation—incorporated by reference to Exhibit 4.3 to registrant’s      current report on Form 8-K filed October 16, 2009.                                                                                                                                                                                                                              |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4.23   |   | Registration      Rights Agreement dated as of June 13, 2008, among Cenveo Corporation,      Cenveo, Inc., the other Guarantors named therein and Lehman Brothers      Inc.—incorporated by reference to Exhibit 10.1 to registrant’s current      report on Form 8-K dated (date of earliest event reported) June 9, 2008,      filed June 13, 2008.                                                                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          |
| 4.24   |   | Indenture      dated as of February 5, 2010 among Cenveo Corporation, the Guarantors      named therein and Wells Fargo Bank, National Association, as      Trustee—incorporated by reference to Exhibit 4.1 to registrant’s current      report on Form 8-K filed February 9,2010.                                                                                                                                                                                                                                                                                                               |

----

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
|--------|--------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 4.25   |   | Form      of Guarantee issued by Cenveo, Inc. and the other Guarantors named      therein—incorporated by reference to Exhibit 4.2 to registrant’s current      report on Form 8-K filed February 9, 2010.                                                                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.26   |   | Registration      Rights Agreement dated as of February 5, 2010 among Cenveo Corporation,      Cenveo, Inc., the other Guarantors named therein and the initial      purchasers named therein—incorporated by reference to Exhibit 4.3 to      registrant’s current report on Form 8-K filed February 9,      2010.                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.27   |   | Intercreditor      Agreement dated as of February 5, 2010 among Cenveo Corporation, Cenveo,      Inc., the grantors named therein, Wells Fargo Bank, National Association,      as second lien collateral agent, Bank of America, N.A., as first lien      agent and control agent—incorporated by reference to Exhibit 4.4 to      registrant’s current report on Form 8-K filed February 9,      2010. |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.28*  |   | Second      Lien Pledge and Security Agreement dated as of February 5, 2010 among      Cenveo Corporation, Cenveo, Inc., the other grantors named therein and      Wells Fargo Bank, National Association, as collateral    agent.                                                                                                                                                                                   |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 4.29*  |   | Second      Lien Intellectual Property Security Agreement dated as of February 5, 2010      among Cenveo Corporation, Cenveo, Inc., the other grantors named therein      and Wells Fargo Bank, National Association, as collateral      agent.                                                                                                                                                                      |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.1+  |   | Form      of Indemnity Agreement between Mail-Well, Inc. and each of its officers      and directors—incorporated by reference from Exhibit 10.17 of the      registrant's Registration Statement on Form S-1 dated March 25,      1994.                                                                                                                                                                       |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.2+  |   | Employment      Agreement dated as of October 27, 2005 between the registrant and Robert      G. Burton, Sr.—incorporated by reference to Exhibit 10.29 of registrant’s      annual report on Form 10-K filed for the year ended December 31, 2005,      filed March 2, 2006.                                                                                                                            |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.3+  |   | Amendment,      dated November 8, 2006, to Employment Agreement dated as of October 27,      2005 between the registrant and Robert G. Burton, Sr.—incorporated by      reference to Exhibit 10.19 of registrant’s annual report on Form 10-K      filed for the year ended December 30, 2006, filed February 28,      2007.                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.4+  |   | Amendment,      dated November 6, 2007, to Employment Agreement dated as of October 27,      2005, as amended, between the registrant and Robert G. Burton,      Sr.—incorporated by reference to Exhibit 10.4 to registrant’s annual      report on Form 10-K for the year ended December 29, 2007, filed March 28,      2008.                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.5+  |   | Amendment,      dated February 27, 2008, to Employment Agreement dated as of October 27,      2005, as amended, between the registrant and Robert G. Burton,      Sr.—incorporated by reference to Exhibit 10.1 to registrant’s quarterly      report on Form 10-Q for the quarter ended March 29, 2008, filed May 7,      2008.                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.6+  |   | Amendment,      dated December 29, 2008, to Employment Agreement dated as of October 27,      2005, as amended, between the registrant and Robert G. Burton,      Sr.—incorporated by reference to Exhibit 10.6 to registrant’s annual      report on Form 10-K for the fiscal year ended January 3, 2009, filed March      19, 2009.                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.7+  |   | Employment      Agreement dated as of February 1, 2008 between the registrant and Dean      Cherry—incorporated by reference to Exhibit 10.5 to registrant’s annual      report on Form 10-K for the year ended December 29, 2007, filed on March      28, 2008.                                                                                                                                         |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.8+  |   | Employment      Agreement dated as of July 11, 2007 between the registrant and Mark      Hiltwein—incorporated by reference to Exhibit 10.2 to registrant’s      quarterly report on Form 10-Q for the quarter ended September 29, 2007,      filed November 8, 2007.                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.9+  |   | Employment      Agreement dated as of June 22, 2006 between the registrant and Timothy      Davis—incorporated by reference to Exhibit 10.22 to registrant’s quarterly      report on Form 10-Q for the quarter ended July 1, 2006, filed August 9,      2006.                                                                                                                                           |

----

|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
|--------|--------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| 10.10  |   | Settlement      and Governance Agreement by and among the registrant, Burton Capital      Management, LLC and Robert G. Burton, Sr., dated September 9,      2005—incorporated by reference to Exhibit 10.1 to the registrant’s current      report on Form 8-K filed September 12, 2005.                                                                                                                                                                                                |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.11+ |   | Cenveo,      Inc. 2001 Long-Term Equity Incentive Plan, as amended—incorporated by      reference to Exhibit 10.24 to registrant’s quarterly report on Form 10-Q      for the quarter ended June 30, 2004, filed August 2,  2004.                                                                                                                                                                                                                                                        |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.12+ |   | Cenveo,      Inc. 2007 Long-Term Equity Incentive Plan, as amended—incorporated by      reference to Exhibit A to registrant’s Schedule 14A filed April 6,      2009.                                                                                                                                                                                                                                                                                                                    |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.13+ |   | Form      of Non-Qualified Stock Option Agreement for Employees under 2007 Long-Term      Equity Incentive Plan—incorporated by reference to Exhibit 10.17 to      registrant’s annual report on Form 10-K for the year ended December 29,      2007, filed on March 28, 2008.                                                                                                                                                                                                           |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.14+ |   | Form      of Restricted Share Unit Award Agreement for Employees under 2007      Long-Term Equity Incentive Plan—incorporated by reference to Exhibit 10.18      to registrant’s annual report on Form 10-K for the year ended December 29,      2007, filed on March 28, 2008.                                                                                                                                                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.15+ |   | Form      of Restricted Share Unit Award Agreement for Non-Employee Directors under      2007 Long-Term Equity Incentive Plan—incorporated by reference to Exhibit      10.19 to registrant’s annual report on Form 10-K for the year ended      December 29, 2007, filed on March 28, 2008.                                                                                                                                                                                             |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.16  |   | Credit      Agreement dated as of June 21, 2006 among Cenveo Corporation, Cenveo,      Inc., Bank of America, N.A., as Administrative Agent, Swing Line Lender      and L/C Issuer, and the other lenders party thereto—incorporated by      reference to Exhibit 4.1 to registrant’s current report on Form 8-K filed      June 27, 2006.                                                                                                                                               |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.17  |   | First      Amendment, dated as of March 7, 2007, to Credit Agreement dated as of June      21, 2006, among Cenveo Corporation, Cenveo, Inc., Bank of America, N.A.,      as Administrative Agent, and the other lenders party thereto—incorporated      by reference to Exhibit 10.1 to registrant’s quarterly report on Form 10-Q      for the quarter ended March 31, 2007, filed May 9,2007.                                                                                          |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.18  |   | Credit      Agreement Supplement, dated as of July 9, 2007, to Credit Agreement dated      as of June 21, 2006, among Cenveo Corporation, Cenveo, Inc., Bank of      America, N.A., as Administrative Agent, and the other lenders party      thereto—incorporated by reference to Exhibit 10.2 to registrant’s      quarterly report on Form 10-Q for the quarter ended June 30, 2007, filed      August 8, 2007.                                                                       |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.19  |   | Third      Amendment, dated as of April 24, 2009, to Credit Agreement dated as of      June 21, 2006, among Cenveo Corporation, Cenveo, Inc., Bank of America,      N.A., as Administrative Agent, and the other lenders party      thereto—incorporated by reference to Exhibit 10.1 to registrant’s current      report on Form 8-K filed April 27, 2009 and incorporated by reference to      Exhibit 10.1 to registrant’s current report on Form 8-K filed July 30,      2009. |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.20* |   | Fourth      Amendment, dated as of January 25, 2010, to Credit Agreement dated as of      June 21, 2006, among Cenveo Corporation, Cenveo, Inc., Bank of America,      N.A, as Administrative Agent, and the other lenders party      thereto.                                                                                                                                                                                                                                                       |
|   |   |                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 |
| 10.21  |   | Loan      Agreement, dated as of August 30, 2007, among Cenveo Corporation, Cenveo,      Inc., Lehman Commercial Paper Inc., as Administrative Agent, the lenders      party thereto and Lehman Brothers Inc., as Sole Lead Arranger and Sole      Book Manager—incorporated by reference to Exhibit 10.3 to registrant’s      quarterly report on Form 10-Q for the quarter ended September 29, 2007,      filed November 8, 2007.                                                      |

----

|   |   |                                                                                                                                  |
|--------|--------|---------------------------------------------------------------------------------------------------------------------------------------|
| 21.1*  |   | Subsidiaries      of the registrant.                                                                                                  |
|   |   |                                                                                                                                  |
| 23.1*  |   | Consent      of Deloitte & Touche LLP.                                                                                            |
|   |   |                                                                                                                                  |
| 23.2*  |   | Consent      of Grant Thornton LLP.                                                                                                   |
|   |   |                                                                                                                                  |
| 24.1   |   | Power      of Attorney—incorporated by reference to page 93.                                                                    |
|   |   |                                                                                                                                  |
| 31.1*  |   | Certification      by Robert G. Burton, Sr., Chief Executive Officer, pursuant to Section 302      of the Sarbanes-Oxley Act of 2002. |
|   |   |                                                                                                                                  |
| 31.2*  |   | Certification      by Mark S. Hiltwein, Chief Financial Officer, pursuant to Section 302 of      the Sarbanes-Oxley Act of 2002.      |

| 32.1*  |   | Certification      of the Chief Executive Officer pursuant to Section 906 of the      Sarbanes-Oxley Act of 2002, furnished as an exhibit to this report on Form      10-K. |
|--------|--------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
|   |   |                                                                                                                                                                        |
| 32.2*  |   | Certification      of the Chief Financial Officer pursuant to Section 906 of the      Sarbanes-Oxley Act of 2002, furnished as an exhibit to this report on Form      10-K. |

| + | Management      contract or compensatory plan orarrangement. |
|---|--------------------------------------------------------------|

| * | Filed      herewith. |
|---|----------------------|

----

|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | For      The Years Ended |   |
|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------|--------------------------|--------|
|                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              |   | January      2, 2010     |   |   | January      3, 2009 |   |   | December      29, 2007 |   |
| Accounts      receivable allowances                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               |   |                     |   |   |   |   |   |   |   |
| Balance      at beginning of      year                                                                                         |   | $                        | 6,016  |   |   | $ | 9,911 |   |   | $ | 4,802 |   |
| Charged      to costs and      expenses                                                                                        |   |                     | 5,428  |   |   |   | 4,660 |   |   |   | 5,363 |   |
| Recoveries      and other charges(2)                                                                                           |   |                     | 1,064  |   |   |   | (554 | ) |   |   | 3,466 |   |
| Deductions(1)                                                                                                                  |   |                     | (4,869 | ) |   |   | (8,001 | ) |   |   | (3,720 | ) |
| Balance      at end of      year                                                                                               |   | $                        | 7,639  |   |   | $ | 6,016 |   |   | $ | 9,911 |   |

| (1) | Amounts      written off. |
|-----|---------------------------|

| (2) | Other      charges include balances related to acquisitions and changes attributable      to foreign currencytranslation. |
|-----|---------------------------------------------------------------------------------------------------------------------------|

----

|   |               CENVEO,      INC. |
|--------|-------------------------------------------------------------------------------------------------------|
|   |                                                                                                  |   |
|   | By:                                                                                                   | /S/  ROBERT      G. BURTON, SR. |
|   |                                                                                                  | Robert      G. Burton, Sr., Chairman andChief      Executive Officer(Principal      Executive Officer) |
|   |                                                                                                  |   |
|   |                                                                                                  |   |
|   | By:                                                                                                   | /S/  MARK      S. HILTWEIN |
|   |                                                                                                  | Mark      S. Hiltwein,Chief      Financial Officer(Principal      Financial Officer andPrincipal      Accounting Officer) |
|   |                                                                                                  |   |

----

| Signature                      |   | Title                                     |   | Date               |   |
|--------------------------------|--------|-------------------------------------------|--------|--------------------|--------|
|                           |   |                                      |   |               |   |
|                           |   |                                      |   |               |   |
| /s/ Robert G. Burton,      Sr. |   | Chairman      and Chief Executive Officer |   | March      3, 2010 |   |
| Robert      G. Burton, Sr.     |   | (Principal      Executive Officer)        |   |               |   |
|                           |   |                                      |   |               |
|                           |   |                                      |   |               |   |
| /s/ Mark S.      Hiltwein      |   | Chief      Financial Officer              |   | March      3, 2010 |   |
| Mark      S. Hiltwein          |   | (Principal      Financial Officer and     |   |               |   |
|                           |   | Principal      Accounting Officer)        |   |               |   |
|                           |   |                                      |   |               |   |
|                           |   |                                      |   |               |   |
| /s/ Gerald S.      Armstrong   |   | Director                                  |   | March      3, 2010 |   |
| Gerald      S. Armstrong       |   |                                      |   |               |   |
|                           |   |                                      |   |               |   |
| /s/ Leonard C.      Green      |   | Director                                  |   | March      3, 2010 |   |
| Leonard      C. Green          |   |                                      |   |               |   |
|                           |   |                                      |   |               |   |
| /s/ Mark J.      Griffin       |   | Director                                  |   | March      3, 2010 |   |
| Mark      J. Griffin           |   |                                      |   |               |   |
|                           |   |                                      |   |               |   |
| /s/ Robert      Obernier       |   | Director                                  |   | March      3, 2010 |   |
| Robert      Obernier           |   |                                      |   |               |   |