OfficeMax 2015 Annual Report Download - page 94
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Table of Contents
Unfavorable leases estimated future amortization is as follows:
(In millions)
2016
2017
2018
2019
2020
Thereafter
Total
The Company has capital lease obligations primarily related to buildings and equipment. Refer to Note 8 for further details on amounts due related to capital
lease obligations.
As of December 26, 2015 and December 27, 2014, there were 1,000,000 shares of $0.01 par value preferred stock authorized; no shares were issued and
outstanding.
At December 26, 2015, there were 5,915,268 common shares held in treasury. The Company’s Senior Secured Notes and the Facility include restrictions on
additional common stock repurchases, based on the Company’s liquidity and borrowing availability. There were no repurchases of common stock in 2015 or
2014.
Accumulated other comprehensive income activity, net of tax, where applicable, is provided in the following tables:
(In millions)
Balance at December 27, 2014 $ 186 $ (79) $107
Other comprehensive loss activity before reclassifications (78) 2 (76)
Amounts reclassified from Accumulated other comprehensive income to Net income — — —
Tax impact — (1) (1)
Net year-to-date other comprehensive income (78) 1 (77)
92
(a)