XML 83 R91.htm IDEA: XBRL DOCUMENT v2.4.0.6
Quarterly Financial Data (Schedule Of Quarterly Financial Data) (Details) (USD $)
3 Months Ended 12 Months Ended
Dec. 31, 2011
Sep. 24, 2011
Jun. 25, 2011
Mar. 26, 2011
Dec. 25, 2010
Sep. 25, 2010
Jun. 26, 2010
Mar. 27, 2010
Dec. 31, 2011
Dec. 25, 2010
Dec. 26, 2009
Quarterly Financial Data [Line Items]                      
Net sales $ 2,969,695,000 [1] $ 2,836,737,000 [2] $ 2,710,141,000 $ 2,972,960,000 $ 2,961,932,000 [3] $ 2,899,717,000 [4] $ 2,699,475,000 [5] $ 3,071,970,000 $ 11,489,533,000 $ 11,633,094,000 $ 12,144,467,000
Gross profit 899,186,000 [1] 855,020,000 [2] 794,052,000 878,188,000 847,535,000 [3] 829,183,000 [4] 766,688,000 [5] 913,731,000 3,426,446,000 3,357,137,000 3,392,184,000
Net earnings (loss) 20,348,000 [1] 100,849,000 [2] (20,116,000) (5,390,000) (99,927,000) [3] 40,622,000 [4] (16,140,000) [5] 29,240,000 95,691,000 (46,205,000) (598,724,000)
Net earnings (loss) attributable to Office Depot, Inc. 20,350,000 [1] 100,872,000 [2] (20,114,000) (5,414,000) (99,411,000) [3],[6] 41,254,000 [4],[6] (15,934,000) [5],[6] 29,468,000 [6] 95,694,000 (44,623,000) (596,465,000)
Net earnings (loss) available to common shareholders 12,284,000 [1] 91,659,000 [2] (29,327,000) (14,627,000) (108,626,000) [3],[6] 32,044,000 [4],[6] (25,147,000) [5],[6] 19,993,000 [6] 59,989,000 (81,736,000) (626,971,000)
Basic $ 0.04 [1],[6] $ 0.29 [2],[6] $ (0.11) [6] $ (0.05) [6] $ (0.39) [3],[6] $ 0.12 [4],[6] $ (0.09) [5],[6] $ 0.07 [6] $ 0.22 $ (0.30) $ (2.30)
Diluted $ 0.04 [1],[6] $ 0.28 [2],[6] $ (0.11) [6] $ (0.05) [6] $ (0.39) [3],[6] $ 0.12 [4],[6] $ (0.09) [5],[6] $ 0.07 [6] $ 0.22 $ (0.30) $ (2.30)
Tax and related interest benefits from reversal of uncertain tax positions   99,000,000                  
Benefits from uncertain tax positions and valuation allowances 24,000,000                    
Discrete tax benefits from release of valuation allowance and favorable settlement with taxing authorities             13,000,000        
Discrete tax benefits from settlement of certain tax positions           32,000,000          
Interest benefit related to settlement of certain tax positions           13,000,000          
Pre-tax charges for severance and facility closures         12,000,000            
Pre-tax loss on sale of operating subsidiaries                   11,000,000  
Software written off         51,000,000         51,000,000  
Chief Executive Officer [Member]
                     
Quarterly Financial Data [Line Items]                      
Severance and related costs         13,000,000         13,000,000  
International Division [Member]
                     
Quarterly Financial Data [Line Items]                      
Net sales                 3,357,414,000 3,379,826,000 3,547,190,000
Pre-tax loss on sale of operating subsidiaries                   $ 11,000,000  
[1] Fiscal year 2011 includes 53 weeks in accordance with our 52- week, 53-week retail calendar; accordingly, the fourth quarter includes 14 weeks. Additionally, the fourth quarter includes approximately $24 million of benefits from the reversal of uncertain tax positions and valuation allowances.
[2] Net earnings includes approximately $99 million of tax and related interest benefits from the reversal of uncertain tax positions.
[3] Net loss for the quarter includes approximately $12 million related to pre-tax charges for severance and facility closures, $11 million loss on the sale of operating entities, $51 million from software write off, and $13 million severance and related costs for departing executive officer.
[4] Net earnings for the quarter includes approximately $32 million of discrete tax benefits from the settlement of certain tax positions relating to open years as well as approximately $13 million of related interest benefits.
[5] Net loss for the quarter includes approximately $13 million discrete tax benefits from the release of a valuation allowance in Europe and a favorable settlement with certain taxing authorities.
[6] Due to rounding, the sum of the quarterly earnings per share amounts may not equal the reported earnings per share for the year.