Earnings Per Share (Tables)

3 Months Ended

Mar. 30, 2013

Calculation of Net Earnings Loss Per Common Share

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

	First Quarter
(In thousands, except per share amounts)	2013			2012
Basic Earnings Per Share
Numerator:
Net earnings (loss) attributable to common shareholders	$	(16,824	)	$	41,287
Assumed distribution to participating securities		—			(2,331	)
Assumed undistributed earnings (loss) attributable to common stock		(16,824	)		38,956
Denominator:
Weighted-average shares outstanding		281,579			278,552
Basic earnings (loss) per common share	$	(0.06	)	$	0.14
Diluted Earnings Per Share
Numerator:
Net earnings (loss) attributable to Office Depot, Inc.	$	(6,655	)	$	49,503
Denominator:
Weighted-average shares outstanding		281,579			278,552
Effect of dilutive securities:
Stock options and restricted stock		6,298			4,765
Redeemable preferred stock		81,355			75,546
Diluted weighted-average shares outstanding		369,232			358,863
Diluted earnings per common share		N/A		$	0.14