Quad/Graphics Reports Flat Sales, Details Plant Closures

Excluding the effects of restructuring, impairment and transaction-related charges in both years as well as the one-time non-cash tax adjustment in 2010, net earnings would have been $26.9 million or $0.58 diluted earnings per share in the three months ended September 30, 2010, versus net earnings of $20.0 million or $0.69 diluted earnings per share in the same period last year.