Office Depot 2010 Annual Report Download - page 36

Download and view the complete annual report

Please find page 36 of the 2010 Office Depot 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.

Page out of 72

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72

OFFICE DEPOT, INC.
CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY
(In thousands, except share amounts)
Common
Stock
Shares
Common
Stock
Amount
Additional
Paid-in
Capital
Comprehensive
Income (Loss)
Accumulated
Other
Comprehensive
Income (Loss)
Retained
Earnings
(Accumulated
Deficit)
Treasury
Stock
Noncontrolling
Interest
Total
Stockholders’
Equity
Balance at December 29, 2007 ................... 428,777,625 $ 4,288 $1,784,184 $ 495,916 $ 3,783,805 $(2,984,349)$ 15,564 $ 3,099,408
Acquisition of majority-owned subsidiaries ......... 5,995 5,995
Purchase of subsidiary shares from noncontrolling
interest .................................... (14,295) (14,295)
Comprehensive loss, net of tax:
Net loss ................................... (1,481,003) (1,478,938) (2,065) (1,481,003)
Foreign currency translation adjustments ......... (248,591) (248,275) (316) (248,591)
Change in deferred pension .................... (24,128) (24,128) (24,128)
Amortization of gain on cash flow hedge ......... (1,659) (1,659) (1,659)
Change in deferred cash flow hedge ............. (4,657) (4,657) (4,657)
Comprehensive loss, net of tax ................. $ (1,760,038) $ (1,760,038)
Acquisition of treasury stock .................... (944) (944)
Retirement of treasury stock .....................(149,940,718) (1,499) (626,889) (2,298,597) 2,926,985 —
Grant of long-term incentive stock ................ 2,307,993 23 (23) —
Forfeiture of restricted stock ..................... (465,175) (5) 1 (4)
Exercise of stock options (including income tax
benefits and withholding) ..................... 109,744 1 (1,222) (1,221)
Issuance of stock under employee stock purchase
plans ..................................... 10,666 — (785) (785)
Direct stock purchase plans ...................... (228) 361 133
Amortization of long-term incentive stock grant ..... 39,584 39,584
Balance at December 27, 2008 ................... 280,800,135 2,808 1,194,622 217,197 6,270 (57,947) 4,883 1,367,833
Purchase of subsidiary shares from noncontrolling
interest .................................... (105) (105)
Comprehensive loss, net of tax:
Net loss ................................... (598,724) (596,465) (2,259) (598,724)
Foreign currency translation adjustments ......... 25,769 25,461 308 25,769
Change in deferred pension .................... (7,523) (7,523) (7,523)
Amortization of gain on cash flow hedge ......... (1,659) (1,659) (1,659)
Change in deferred cash flow hedge ............. 4,657 4,657 4,657
Other ..................................... 246 246 246
Comprehensive loss, net of tax ................. $ (577,234) $ (577,234)
Preferred stock dividends ....................... (30,506) (30,506)
Grant of long-term incentive stock ................ 258,074 3 (3) —
Forfeiture of restricted stock ..................... (405,931) (4) — (4)
Share-based payments (including income tax benefits
and withholding) ............................ (4,096) (4,096)
Direct stock purchase plans ...................... (179) 214 35
Amortization of long-term incentive stock grant ..... 33,319 33,319
Balance at December 26, 2009 ................... 280,652,278 $ 2,807 $1,193,157 $ 238,379 $ (590,195) $ (57,733)$ 2,827 $ 789,242
Disposition of majority-owned subsidiaries ......... 2,523 2,523
Purchase of subsidiary shares from noncontrolling
interest .................................... (16,066) (3,623) (19,689)
Comprehensive income, net of tax:
Net loss (Restated) .......................... (46,205) (44,623) (1,582) (46,205)
Foreign currency translation adjustments ......... (32,224) (32,558) 334 (32,224)
Change in deferred pension .................... 19,942 19,942 19,942
Amortization of gain on cash flow hedge ......... (1,659) (1,659) (1,659)
Change in deferred cash flow hedge ............. (51) (51) (51)
Other ..................................... (246) (246) (246)
Comprehensive loss, net of tax (Restated) ........ $ (60,443) $ (60,443)
Preferred stock dividends ....................... (37,113) (37,113)
Grant of long-term incentive stock ................ 223,762 2 (2) —
Forfeiture of restricted stock ..................... (236,512) (2) (2)
Exercise of stock options (including income tax
benefits and with holding) (Restated) ............ 2,419,708 24 590 614
Amortization of long-term incentive stock grant ..... 20,843 20,843
Balance at December 25, 2010 (Restated) ......... 283,059,236 $ 2,831 $1,161,409 $ 223,807 $ (634,818) $ (57,733)$ 479 $ 695,975
The accompanying Notes to Consolidated Financial Statements are an integral part of these statements.
35