QuickLinks -- Click here to rapidly navigate through this document

Exhibit 11

OFFICEMAX INCORPORATED AND SUBSIDIARIES
Computation of Per Share Earnings

		Fiscal Year Ended
		December 29, 2007			December 30, 2006			December 31, 2005
		(thousands, except per-share amounts)
Basic
Income (loss) from continuing operations		$	207,373		$	99,054		$	(41,212	)
Preferred dividends			(3,961	)		(4,037	)		(4,378	)
Basic income (loss) from continuing operations			203,412			95,017			(45,590	)
Loss from discontinued operations			—			(7,333	)		(32,550	)
Basic income (loss)		$	203,412		$	87,684		$	(78,140	)
Average shares used to determine basic income (loss) per common share			75,274			73,142			78,745
Basic income (loss) per common share:
Continuing operations		$	2.70		$	1.30		$	(0.58	)
Discontinued operations			—			(0.10	)		(0.41	)
Basic income (loss) per common share		$	2.70		$	1.20		$	(0.99	)
Diluted
Basic income (loss) from continuing operations		$	203,412		$	95,017		$	(45,590	)
Supplemental ESOP contribution			—			—			—
Diluted income (loss) from continuing operations			203,412			95,017			(45,590	)
Loss from discontinued operations			—			(7,333	)		(32,550	)
Diluted income (loss)		$	203,412		$	87,684		$	(78,140	)
Average shares used to determine basic income (loss) per common share			75,274			73,142			78,745
Restricted stock, stock options and other			1,100			571			—
Average shares used to determine diluted income (loss) per common share			76,374			73,713			78,745
Diluted income (loss) per common share:
	Continuing operations	$	2.66		$	1.29		$	(0.58	)
	Discontinued operations		—			(0.10	)		(0.41	)
Diluted income (loss) per common share		$	2.66		$	1.19		$	(0.99	)

QuickLinks

Exhibit 11

OFFICEMAX INCORPORATED AND SUBSIDIARIES Computation of Per Share Earnings