| Stage | DLX | % of rev | ACCO | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $499M | 100.00% | $380M | 100.00% | DLX ×1.31 |
| Gross profit | $260M | 51.99% | $136M | 35.71% | DLX +16.3pp |
| Operating income | $56M | 11.16% | $30M | 7.97% | DLX +3.2pp |
| Pre-tax income | $30M | 6.03% | $17M | 4.36% | DLX +1.7pp |
| Net income | $19M | 3.85% | $12M | 3.02% | DLX +0.8pp |
| Stage | DLX | ACCO | Gap · A − B |
|---|---|---|---|
| Revenue | $499M100.00% | $380M100.00% | DLX ×1.31 |
| Gross profit | 51.99%$260M | 35.71%$136M | DLX +16.3pp |
| Operating income | 11.16%$56M | 7.97%$30M | DLX +3.2pp |
| Pre-tax income | 6.03%$30M | 4.36%$17M | DLX +1.7pp |
| Net income |
| 3.85%$19M |
| 3.02%$12M |
| DLX +0.8pp |