OfficeMax 2006 Annual Report Download - page 19

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15
ITEM 6. SELECTED FINANCIAL DATA
The following table sets forth our selected financial data for the years indicated and should be
read in conjunction with the disclosuresin “Item 7. Management’s Discussion a nd Analysis of
Financial Condition and Results of Operations” and “Item 8. Financial Statements and Supplementary
Data” of this Form 10-K.
2006(a) 2005(b)2004(c) 2003(d) 2002(e)
(millions, except per-share amounts)
Assets
Currentassets............................. $ 2,097$1,942 $3,241$ 2,597 $ 1,387
Propertyand equipment, net................ 580535 5412,730 2,451
Timber, timberlands and timber deposits...... —— — 331 329
Goodwill.................................. 1,216 1,218 1,165 1,107401
Timber notesreceivable.................... 1,6351,635 1,635 ——
Other. .................................... 688 9421,055611 379
$ 6,216$ 6 ,272 $7,637 $ 7,376 $ 4 ,947
Liabilities and shareholders’ equity
Currentliabilities ........................... $ 1,529$1,588 $1,857$ 1,986 $ 1,056
Long-term debt, less currentportion .......... 384407 5852,000 1,387
Timber notessecuritized .................... 1,4701,470 1,470 ——
Other. .................................... 817 1,044 1,091 1,0461
,104
Minority interest............................ 30 27 23 20 —
Shareholders’ equity ....................... 1,9861,736 2,611 2,3241,400
$ 6,216 $ 6,272 $7,637 $ 7,376 $ 4 ,947
Net sales................................. $ 8,966 $ 9,158 $ 13,270 $ 8 ,245 $ 7 ,412
Income (loss) from:
Continuing operations ...................... $ 99 $(41)$ 234$ 35$ 19
Discontinued operations.................... (7)(33)(61)(18) (8)
Cumulative effect ofaccounting changes, net of
income tax .............................. —— —(9) —
Net income (loss).......................... $ 92$(74) $173 $ 8 $ 11
Basic income (loss) per common share:
Continuing operations ...................... $ 1.30 $(0.58)$ 2.55 $ 0.37 $ 0.11
Discontinued operations.................... (0.10) (0.41) (0.70) (0.30)(0.14)
Cumulative effect ofaccounting changes, net of
income tax.............................. —— — (0.15) —
Basic income (loss) per common share(f) ... $ 1.20 $(0.99) $1.85 $ (0.08 ) $ (0.03)
Diluted income (loss) per common share:
Continuing operations ...................... $ 1.29 $(0.58)$ 2.44 $ 0.37 $ 0.11
Discontinued operations.................... (0.10) (0.41) (0.67) (0.30)(0.14)
Cumulative effect ofaccounting changes, net of
income tax.............................. —— — (0.15) —
Diluted income (loss) per common share(f).. $ 1.19 $(0.99) $1.77 $ (0.08 ) $ (0.03)
Cash dividends declared per common share .. $ 0.60 $0.60 $0.60 $ 0.60 $ 0.60
See notes on following page.