OfficeMax 2007 Annual Report Download - page 90

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Substantially all products sold by OfficeMax, Retail are purchased from third-party manufacturers or
industry wholesalers, except office papers. OfficeMax, Retail purchases office papers primarily from
the paper operations of Boise Cascade, L.L.C., under the paper supply contract described above.
(See Note 17, Commitments and Guarantees, for additional information related to the paper supply
contract.)
Corporate and Other includes corporate support staff services and related assets and liabilities.
Management evaluates the segments based on operating profits before interest expense,
income taxes, minority interest, extraordinary items and cumulative effect of accounting changes.
The income and expense related to certain assets and liabilities that are reported in the Corporate
and Other segment have been allocated to the Contract and Retail segments. Certain expenses that
management considers unusual or non-recurring are not allocated to the segments.
The segments follow the accounting principles described in Note 1, Summary of Significant
Accounting Policies. Prior periods have been revised to adjust the geographic classification and
allocation of segment assets. The effect of these changes was not material to the financial
statements.
No single customer accounts for 10% or more of consolidated trade sales.
OfficeMax, Contract has foreign operations in Canada, Australia and New Zealand. OfficeMax,
Retail has foreign operations in Mexico through a 51%-owned joint venture.
The following table summarizes by geography, net sales for fiscal years 2007, 2006 and 2005,
and long-lived assets at each year end:
2007 2006 2005
(millions)
Net sales
United States ..................................... $7,548.9 $ 7,617.2 $ 7,878.6
Foreign ......................................... 1,533.1 1,348.5 1,279.1
$9,082.0 $8,965.7 $9,157.7
Long-lived assets
United States ..................................... $3,662.8 $ 3,755.9 $ 3,976.8
Foreign ......................................... 416.3 363.3 353.3
$4,079.1 $4,119.2 $4,330.1
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