Quad/Graphics Reports Flat Sales, Details Plant Closures

As reported, 2010 net loss attributable to common shareholders in the first nine months was $276.7 million, or ($8.07) per share, versus as reported net income of $16.7 million or $0.57 diluted earnings per share in the same period of 2009. The results for the first nine months of 2010 include $111.6 million in restructuring, impairment and transaction-related charges (of which $34.7 million is non-cash) associated with the Worldcolor acquisition and integration and the consolidation of Quad/Graphics' Poland legacy facilities into one location, as well as the one-time non-cash tax adjustment in 2010 of $200.5 million discussed above.