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i
CDW CORPORATION
FORM 10-K ANNUAL REPORT
FOR THE YEAR ENDED DECEMBER 31, 2004
INDEX
PART I 10-K Page No
Item 1. Business 1
Item 2. Properties 11
Item 3. Legal Proceedings 11
Item 4. Submission of Matters to a Vote of Security Holders 12
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and
Issuer Purchases of Equity Securities 12
Item 6. Selected Financial Data 14
Item 7. Management’s Discussion and Analysis of Financial Condition and Results
of Operations 15
Item 7A. Quantitative and Qualitative Disclosures About Market Risk 25
Item 8. Financial Statements and Supplementary Data 26
Item 9. Changes in and Disagreements with Accountants on Accounting and
Financial Disclosure 54
Item 9A. Controls and Procedures 54
Item 9B. Other Information 54
PART III
Item 10. Directors and Executive Officers of the Registrant 54
Item 11. Executive Compensation 55
Item 12. Security Ownership of Certain Beneficial Owners and Management and
Related Stockholder Matters
55
Item 13. Certain Relationships and Related Transactions 55
Item 14. Principal Accounting Fees and Services 55
PART IV
Item 15. Exhibits, Financial Statement Schedules 55
Signatures 59