UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: |
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June 16, 2005 |
Date of earliest event reported: |
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June 10, 2005 |
OFFICEMAX INCORPORATED
(Exact name of registrant as specified in its charter)
Delaware |
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1-5057 |
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82-0100960 |
(State of Incorporation) |
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(Commission File Number) |
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(IRS Employer Identification No.) |
150 Pierce Road
Itasca, Illinois 60143
(Address of principal executive offices) (Zip Code)
(630) 773-5000
(Registrants telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 8.01 Other Events.
On June 14, 2005, OfficeMax Incorporated (the Company) announced that the Securities and Exchange Commission issued a formal order of investigation arising from the Companys previously-announced internal investigation into its accounting for vendor income. The Company launched its internal investigation in December 2004 when the Company received claims by a vendor to its retail business that certain employees acted inappropriately in requesting promotional payments and in falsifying supporting documentation. The internal investigation was conducted under the direction of the Companys audit committee and was completed in March 2005. The Company intends to cooperate fully with the SEC.
This summary does not purport to be complete and is subject to and qualified in its entirety by reference to the text of the News Release, included as Exhibit 99.1 to this filing. Exhibit 99.1 is incorporated by reference into this Item 8.01.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits.
Exhibit 99.1 OfficeMax Incorporated News Release dated June 14, 2005
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: June 16, 2005
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OFFICEMAX INCORPORATED |
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By: |
/s/ Matthew R. Broad |
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Matthew R. Broad |
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Executive Vice President and General |
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EXHIBIT INDEX
Number |
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Description |
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99.1 |
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OfficeMax Incorporated News Release dated June 14, 2005 |
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Exhibit 99.1
150 East Pierce Road Itasca, IL 60143-1594
Media Contact |
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Investor Relations Contact |
Bill Bonner |
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John Jennings |
630 438 8584 |
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630 438 8760 |
For Immediate Release: June 14, 2005
OFFICEMAX ANNOUNCES SEC ORDER RELATING TO PREVIOUSLY-ANNOUNCED INTERNAL INVESTIGATION
Itasca, Ill. OfficeMaxÒ Incorporated (NYSE: OMX) today announced that the Securities and Exchange Commission (SEC) has issued a formal order of investigation arising from the companys previously-announced internal investigation into its accounting for vendor income. OfficeMax launched its internal investigation in December 2004 when the company received claims by a vendor to its retail business that certain employees acted inappropriately in requesting promotional payments and in falsifying supporting documentation. The internal investigation was conducted under the direction of the companys audit committee and was completed in March 2005. In connection with the investigation, six employees were terminated for cause and OfficeMax reported in amended Quarterly Reports on Form 10-Q that it overstated its cumulative net operating income in the first three fiscal quarters of 2004 by $4.3 million. OfficeMax intends to cooperate fully with the SEC.
About OfficeMaxÒ Incorporated
OfficeMax is a leader in both business-to-business and retail office products distribution. The company provides office supplies, and paper, print and document services, technology products and
solutions, and furniture to large, medium, and small businesses and consumers. OfficeMax customers are served by more than 41,000 associates through direct sales, catalogs, the Internet, and 935 superstores.
Forward-Looking Statements
Certain statements made in this press release and other written or oral statements made by or on behalf of the Company may constitute forward-looking statements within the meaning of the federal securities laws. Statements regarding future events and developments and the Companys future performance, as well as managements expectations, beliefs, intentions, plans, estimates or projections relating to the future, are forward-looking statements within the meaning of these laws. Management believes that these forward-looking statements are reasonable; however, you should not place undue reliance on such statements. These statements are based on current expectations and speak only as of the date of such statements. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of future events, new information or otherwise. Important factors regarding the Company which may cause results to differ from expectations are included in the Companys Annual Report on Form 10-K for the year ended December 31, 2004, including under the caption Cautionary and Forward-Looking Statements, and in other filings with the SEC.
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