Cenveo Reaps 16.5 Percent Net Sales Increase

Operating loss was $15.7 million for the three months ended December 28, 2013, compared to operating income of $31.7 million for the same period the prior year. The decrease in operating income was primarily due to a $33.4 million impairment charge related to the retirement of certain trade names, lower sales from its print operations and higher input costs within several of its segments. Non-GAAP operating income was $31.6 million for the three months ended December 28, 2013, compared to $39.3 million for the same period in 2012. For the year ended December 28, 2013, operating income was $29.4 million, compared to $101.2 million for the prior year.