Earnings Per Share (Tables)

6 Months Ended

Jun. 30, 2012

Calculation Of Net Earnings (Loss) Per Common Share

The following table represents the calculation of net loss per common share:

	Second Quarter				First Half
(In thousands, except per share amounts)	2012		2011		2012		2011
Basic Earnings Per Share
Numerator:
Loss available to common shareholders	$	(64,281)	$	(29,327)	$	(22,994)	$	(43,954)
Denominator:
Weighted-average shares outstanding		279,522		277,336		279,037		277,161
Basic loss per share	$	(0.23)	$	(0.11)	$	(0.08)	$	(0.16)
Diluted Earnings Per Share
Numerator:
Net loss attributable to Office Depot, Inc.	$	(57,382)	$	(20,114)	$	(7,879)	$	(25,528)
Denominator:
Weighted-average shares outstanding		279,522		277,336		279,037		277,161
Effect of dilutive securities:
Stock options and restricted stock		4,311		5,417		4,538		5,523
Redeemable preferred stock		77,435		73,703		76,491		73,703
Diluted weighted-average shares outstanding		361,268		356,456		360,066		356,387
Diluted loss per share		N/A		N/A		N/A		N/A