−Removed: We operat ed 217 warehouse club locations as of February 1, 2020, of which 186 are leased under long-term leases and 11 are owned.
+Added: We operated 221 warehouse club locations as of January 30, 2021, of which 190 are leased under long-term leases and 11 are owned.
We own the buildings at the remaining 20 locations, which are subject to long-term ground leases.
4 unchanged sentences
Rent expense for such leases is recognized on a straight-line basis over the lease term.
−Removed: The initial primary term of the Company's operating leases ranges from 5 to 44 years , with most of these leases having an initial term of 20 years .
−Removed: The initial primary term of the Company's two finance leases are 20 years .
−Removed: Our home office in Westborough, Massachusetts, occupies a total of 282,000 square feet.
−Removed: Our lease expires on January 31, 2026.
−Removed: We operate three cross-dock distribution centers for non-perishable items and also have three perishable item distribution centers operated by a third party.
+Added: The initial primary term of the Company's operating leases ranges from 5 to 44 years, with most of these leases having an initial term of approximately 20 years.
+Added: The initial primary term of the Company's two finance leases is 20 years.
+Added: Our home office in Westborough, Massachusetts occupies a total of 282,000 square feet.
+Added: Our lease expires on January 31, 2026.
+Added: We operate three cross-dock distribution centers for non-perishable items and also have three perishable item distribution centers operated by a third party.
Our cross-dock distribution centers are leased under lease agreements expiring between 2031 and 2033, and range between 480,000 and 630,000 square feet in size.
4 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.