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Quotes & Info
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| CKP > SEC Filings for CKP > Form 8-K on 7-May-2009 | All Recent SEC Filings |
7-May-2009
Other Events
This information shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Historically, we have reported our results of operations into three segments:
Shrink Management Solutions, Intelligent Labels, and Retail Merchandising.
During the first quarter of 2009, resulting from a change in our management
structure we began reporting our segments into three new segments: Shrink
Management Solutions, Apparel Labeling Solutions, and Retail Merchandising
Solutions. Shrink Management Solutions now includes results of our EAS labels
and library business. Apparel Labeling Solutions, formerly referred to as
Check-NetŪ, includes tag and label solutions sold to apparel manufacturers and
retailers, which leverage our graphic and design expertise, strategically
located service bureaus, and our Check-NetŪ e-commerce capabilities. Our apparel
labeling services coupled with our EAS and RFID capabilities provide a
combination of apparel branding and identification with loss prevention and
supply chain visibility.
In order to assist investors' understanding of the change in segments on a quarterly basis, we are furnishing herewith, certain financial information related to our segments. All segment financial information, beginning in the first fiscal quarter of 2009, will reflect this change. This change will be reflected on a retrospective basis, with prior years also adjusted to reflect the change in segments. We are issuing this Form 8-K in order to provide investors with summary financial information and historical data that is on a basis consistent with our new reporting structure. Exhibit 99.1 provides quarterly financial summary information by reportable segment for fiscal year 2008 and fiscal year 2007. There were no changes to the Retail Merchandising Segment.
Item 9.01(d). Exhibits
Exhibit
Number
Description
99.1 Historical Quarterly and Annual Financial segment information for
fiscal 2008 and fiscal 2007 conformed to the Company's new segment
presentation.
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