Office Depot 2011 Annual Report Download - page 17
Download and view the complete annual report
Please find page 17 of the 2011 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.-
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
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
-
231
-
232
-
233
-
234
-
235
-
236
-
237
-
238
-
239
-
240
 |
 |
As of December 31, 2011, we had 15 North American supply chain facilities in 12 U.S. states which support our
North American Retail and North American Business Solutions Divisions. As of December 31, 2011, we also
had 27 DCs in 13 countries outside of the United States, which support our International Division. The following
tables set forth the locations of our supply chain facilities as of December 31, 2011.
DCs (North America)
State # State #
UNITED STATES:
Arizona 1 Pennsylvania 1
Florida 1 Minnesota 1
California 2 Ohio 1
Colorado 1 Texas 2
Georgia 1 Washington 1
Illinois 1 TOTAL UNITED STATES 13
Crossdock Facilities (North America)
State # State #
UNITED STATES:
Florida 1 Mississippi 1
TOTAL UNITED STATES 2
International DCs
Country # Country #
Belgium 1 South Korea 1
China 6 Spain 1
Czech Republic 1 Sweden 3
France 5 Switzerland 1
Germany 2 The Netherlands 1
Ireland 1 United Kingdom 3
Italy 1 TOTAL INTERNATIONAL 27
Our corporate offices in Boca Raton, Florida consist of approximately 625,000 square feet of office space. We
also lease a corporate office in Venlo, the Netherlands which is approximately 210,000 square feet and we lease
other administrative offices. Each of our facilities is considered to be in good condition, adequate for its purpose
and suitably utilized according to the individual nature and requirements of the relevant operations.
Although we own a small number of our retail store locations, most of our facilities are leased or subleased.
Item 3. Legal Proceedings.
We are involved in litigation arising in the normal course of our business. While, from time to time, claims are
asserted that make demands for a large sum of money (including, from time to time, actions which are asserted to
be maintainable as class action suits), we do not believe that contingent liabilities related to these matters
(including the matters discussed below), either individually or in the aggregate, will materially affect our
financial position, results of our operations or cash flows.
On April 6, 2011, a putative class action lawsuit was filed against the company and certain current and former
executive officers alleging violations of the Securities Exchange Act of 1934 and seeking damages, fees, costs
15