OfficeMax 2012 Annual Report Download - page 52
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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 disclosures in “Item 7. Management’s Discussion and Analysis of Financial Condition and
Results of Operations” and “Item 8. Financial Statements and Supplementary Data” of this Form 10-K.
2012(a) 2011(b) 2010(c) 2009(d) 2008(e)
(millions, except per-share amounts)
Assets:
Current assets ......................................... $1,984 $1,939 $2,014 $2,021 $ 1,855
Property and equipment, net .............................. 352 365 397 422 491
Timber notes receivable ................................. 818 899 899 899 899
Other ................................................ 630 866 769 728 929
Total assets ....................................... $3,784 $4,069 $4,079 $4,070 $ 4,174
Liabilities and shareholders’ equity:
Current liabilities ...................................... $1,057 $1,013 $1,044 $1,092 $ 1,184
Long-term debt, less current portion ........................ 226 229 270 275 290
Non-recourse debt ...................................... 735 1,470 1,470 1,470 1,470
Other ................................................ 687 756 645 702 918
Noncontrolling interest .................................. 45 32 49 28 22
OfficeMax shareholders’ equity—preferred stock ............. 27 29 31 36 43
OfficeMax shareholders’ equity—other ..................... 1,007 540 570 467 247
Total liabilities and shareholders’ equity ................ $3,784 $4,069 $4,079 $4,070 $ 4,174
Net sales ............................................. $6,920 $7,121 $7,150 $7,212 $ 8,267
Net income (loss) attributable to OfficeMax and noncontrolling
interest ............................................. $ 421 $ 38 $ 74 $ (1) $(1,666)
Joint venture results attributable to noncontrolling interest ...... (4) (3) (3) 2 8
Net income (loss) attributable to OfficeMax ................. $ 417 $ 35 $ 71 $ 1 $(1,658)
Preferred dividends ..................................... (2) (2) (2) (3) (4)
Net income (loss) available to OfficeMax common
shareholders ........................................ $ 415 $ 33 $ 69 $ (2) $(1,662)
Basic net income (loss) per common share .................. $ 4.79 $ 0.38 $ 0.81 $ (0.03) $(21.90)
Diluted net income (loss) per common share ................. $ 4.74 $ 0.38 $ 0.79 $ (0.03) $(21.90)
Cash dividends declared per common share .................. $ 0.06 $ — $ — $ — $ 0.45
See notes on following page.
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