New Releases Spark Another Big Book Sales Week (publishersweekly)

For the fourth quarter, the Company reported a net loss of $79.1 million, compared to a net loss of $4.3 million, for the thirteen weeks ended February 1, 2020 ("last year's fourth quarter"). The fourth quarter net loss includes $35.9 million, in significant after-tax non-cash charges, including a deferred tax asset valuation allowance of $32.1 million, within the Company's income tax provision (benefit). See tabular details in the Summary of Significant Non-Cash Charges table below for further details. Last year's fourth quarter includes after-tax accelerated depreciation charges of $0.8 million. For fiscal 2020, the Company reported a net loss of $360.1 million, compared to a net loss of $12.8 million, for the fifty-two weeks ended February 1, 2020 ("fiscal 2019"). The net loss for fiscal 2020 includes $199.6 million, in significant after-tax non-cash charges. See tabular details in the Summary of Significant Non-Cash Charges table below for further details. The net loss for fiscal 2019 includes after-tax accelerated depreciation charges of $8.1 million, and the after-tax impact of severance and other related net charges of $2.1 million.

MIDLAND has just launched a new and innovative Specialty Media catalog for offset, digital and inkjet sheet fed printers. The all-inclusive catalog merges major sheet fed print technologies into one unique publication. Offset, HP Indigo, Dry Toner and Inkjet substrates are all featured within one book. “The Specialty Media catalog is a one-stop shop product guide that gives our customers the opportunity to find the correct printable substrate without having to thumb through multiple catalogs,” comments David Field, General Manager of Midland’s Specialty Paper & Film Division. The new product guide features synthetic papers, rigid media, window and walls films, pressure sensitive papers, integrated substrates, magnetic media and specialty paper products. “These are all products that are of high value to our customers and their end users and are application driven” added Field. The catalog is segmented into the following categories: • Non-Adhesive Synthetic • Adhesive Synthetic • Adhesive Paper • Specialty Substrates. “Our customers are going to be blown away by this updated version of the Specialty Media Catalog”, said Mike Ratcliff, President of Midland’s Specialty Paper & Film Division. “This is more than just another catalog. It is a tool for our customers to use for their customers for all of their high value print projects – it gives them a window into what’s possible”.

They say that 60 is the new 50 and 40 is the new 30. I hesitate to write that 30 is the new 20, as I appreciate the intellectual maturity and emotional intelligence I gained during that 10-year window in early adulthood. With the September/October issue, our biggest issue in over a decade, as VERANDA celebrates its 30th anniversary, it’s safe to say that the magazine, too, has earned a certain level of circumspection and discernment, but with an unjaded, spirited vigor that helps us see the best the world has to offer. It’s our hope to bring gravitas and authority to the subject of living well, while still approaching the topic with childlike wonder and bridging the two viewpoints. There’s nothing worse than a blasé, I’ve-seen-it-all editor. An anniversary shouldn’t be about wallowing in the past. A healthy bit of reflection is good for anyone, but the occasion should be about taking stock and focusing on the future and new opportunities that await. This issue features a larger dynamic logo, Oprah’s private rose garden, as well as the very first person to appear on a VERANDA cover (and it’s actually three people: Atlanta homeowner Taylea Fowler and her two adorable twins). Fine jewelry coverage has been a hallmark of the magazine for 20 years, and we expanded it for this issue, featuring 17 pieces of the most beautiful pearl jewels in the marketplace. Click Read More below for more of the story.