Office Depot 2010 Annual Report Download - page 51

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Aggregate annual maturities of long-term debt and capital lease obligations are as follows:
(Dollars in thousands)
2011 .............................................................. $ 89,808
2012 .............................................................. 33,546
2013 .............................................................. 432,383
2014 .............................................................. 31,518
2015 .............................................................. 31,915
Thereafter .......................................................... 250,312
Total .............................................................. 869,482
Less amount representing interest on capital leases .......................... 137,294
Total .............................................................. 732,188
Less current portion .................................................. 72,368
Total long-term debt .................................................. $ 659,820
NOTE H — INCOME TAXES
The income tax expense (benefit) related to earnings (loss) from operations consisted of the following:
(Dollars in thousands) 2010 2009 2008
Current:
Federal ...................................... $(28,278) $ (41,997) $ (16,430)
State ........................................ 1,408 2,228 6,622
Foreign ...................................... 849 1,455 19,262
Deferred :
Federal ...................................... —233,398 (125,945)
State ........................................ (64) 46,845 18,606
Foreign ...................................... 15,615 45,643 (760)
Total income tax expense (benefit) .................. $(10,470) $287,572 $ (98,645)
The components of earnings (loss) before income taxes consisted of the following:
(Dollars in thousands) 2010 2009 2008
North America ............................... (114,231) $(271,520) $ (733,342)
International ................................ 57,556 (39,632) (846,306)
Total ...................................... $ (56,675) $(311,152) $(1,579,648)
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