- Second quarter 2013 results included $30 million of pre-tax charges, comprised primarily of merger and certain shareholder-related expenses, restructuring activities, and $4 million related to non-cash store asset impairment charges in the North American Retail Division. Excluding these charges, the net loss, after preferred stock dividends, would have been $28 million or $0.10 per share.
- The prior year results included $33 million of pre-tax charges, including $24 million in non-cash store asset impairment charges and $9 million in restructuring costs. Additionally, there was a $16 million income tax credit in the quarter. Excluding the charges and the tax credit, the second quarter 2012 net loss, after preferred stock dividends, would have been $40 million or $0.14 per share.
Office Depot Announces Second Quarter 2013 Results
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