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EARNINGS PER SHARE (Tables)
6 Months Ended
Jun. 27, 2015
Calculation of Net Earnings (Loss) Per Common Share

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

 

     Second Quarter      First Half  
(In millions, except per share amounts)    2015      2014      2015      2014  

Basic Earnings Per Share

           

Numerator:

           

Net loss attributable to Office Depot, Inc.

   $ (58 )    $ (190 )    $ (13 )    $ (300 )

Denominator:

           

Weighted-average shares outstanding

     547         535         546         532   

Basic loss per share

   $ (0.11 )    $ (0.36 )    $ (0.02    $ (0.56 )

Diluted Earnings Per Share

           

Numerator:

           

Net loss attributable to Office Depot, Inc.

   $ (58 )    $ (190 )    $ (13 )    $ (300 )

Denominator:

           

Weighted-average shares outstanding

     547         535         546         532   

Effect of dilutive securities:

           

Stock options and restricted stock

     —           —           —           —     
  

 

 

    

 

 

    

 

 

    

 

 

 

Diluted weighted-average shares outstanding

     547         535         546         532   

Diluted loss per share

   $ (0.11 )    $ (0.36 )    $ (0.02    $ (0.56 )