Schawk Reports Losses for Q4, Full Year 2012

Multiemployer pension withdrawal expense increased by $29.6 million during 2012 compared to prior year, primarily related to the company's decision to completely withdraw from its remaining multiemployer pension plan in the United States.

Business and systems integration expenses were $12.1 million in 2012, compared to $8.5 million in the prior-year period, relating to the company's ongoing information technology and business process improvement initiative.