OfficeMax 2012 Annual Report Download - page 54
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Please find page 54 of the 2012 OfficeMax annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
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(e) 2008 included the following pre-tax items:
• $1,364.4 million charge for impairment of goodwill, trade names and fixed assets. Our minority
partner’s share of this charge of $6.5 million is included in joint venture results attributable to
noncontrolling interest.
• $735.8 million charge for non-cash impairment of the timber installment note receivable due from
Lehman and $20.4 million of related interest expense.
• $27.9 million charge for severance and costs associated with the termination of certain store and
site leases.
• $20.5 million gain related to the Company’s Boise Investment, primarily attributable to the sale of
a majority interest in its paper and packaging and newsprint businesses.
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