OfficeMax 2007 Annual Report Download - page 6

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Cascade, L.L.C. This investment represents continuing involvement as defined in Statement of
Financial Accounting Standards (‘‘SFAS’’) No. 144, ‘‘Accounting for the Impairment or Disposal of
Long-Lived Assets.’’ Accordingly, we do not show the historical results of the sold paper, forest
products and timberland assets as discontinued operations.
We present information pertaining to each of our segments and the geographic areas in which
they operate in Note 16, Segment Information, of the Notes to Consolidated Financial Statements in
‘‘Item 8. Financial Statements and Supplementary Data’’ of this Form 10-K.
Change in Fiscal Year End
Effective March 11, 2005, the Company amended its bylaws to make its fiscal year-end the last
Saturday in December. Prior to this change, all of the Company’s businesses except for our U.S.
retail operations had a December 31 fiscal year-end. The U.S. retail operations maintained a fiscal
year that ended on the last Saturday in December. Due primarily to statutory requirements, the
Company’s international businesses have maintained their December 31 year-ends. Fiscal year
2005 ended on December 31, 2005 for all reportable segments and businesses, and included
53 weeks for the Retail segment. Fiscal year 2006 ended on December 30, 2006 and included
52 weeks for all reportable segments and businesses. Fiscal year 2007 ended on December 29,
2007 and also included 52 weeks for all reportable segments and businesses.
OfficeMax, Contract
We distribute a broad line of items for the office, including office supplies and paper,
technology products and solutions and office furniture through our OfficeMax, Contract segment.
OfficeMax, Contract sells directly to large corporate and government offices, as well as to small and
medium-sized offices in the United States, Canada, Australia and New Zealand. This segment
markets and sells through field salespeople, outbound telesales, catalogs, the Internet and,
primarily in foreign markets, through office products stores. Substantially all products sold by this
segment are purchased from outside manufacturers or from industry wholesalers, except office
papers. We purchase office papers primarily from the paper operations of Boise Cascade, L.L.C.,
under a 12-year paper supply contract entered into at the time of the Sale. (See Note 17,
Commitments and Guarantees, of the Notes to Consolidated Financial Statements in ‘‘Item 8.
Financial Statements and Supplementary Data’’ of this Form 10-K for additional information related
to the paper supply contract.)
As of January 26, 2008, OfficeMax Contract operated 51 distribution centers and 6 customer
service and outbound telesales centers. OfficeMax, Contract also operated 75 office products stores
in Canada, Hawaii, Australia and New Zealand.
OfficeMax, Contract sales for 2007, 2006 and 2005 were $4.8 billion, $4.7 billion and
$4.6 billion, respectively.
OfficeMax, Retail
OfficeMax, Retail is a retail distributor of office supplies and paper, print and document
services, technology products and solutions and office furniture. Our retail segment has operations
in the United States, Puerto Rico and the U.S. Virgin Islands. Our retail office supply stores feature
OfficeMax ImPress, an in-store module devoted to print-for-pay and related services. Our retail
segment also operates office products stores in Mexico through a 51%-owned joint venture.
Substantially all products sold by this segment are purchased from outside manufacturers or from
industry wholesalers, except office papers. As described above, we purchase office papers primarily
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