6 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 approximately 20 years.
−Removed: The initial primary term of the Company’s three finance leases is 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 will be transitioning to a new home office in Marlborough, Massachusetts in fiscal year 2022.
−Removed: We operate three cross-dock distribution centers for non-perishable items and also have four perishable item distribution centers operated by a third party, which are expected to be purchased from Burris Logistics in fiscal year 2022.
−Removed: 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.
−Removed: The third-party perishable distribution centers range between 114,000 and 264,000 square feet in size.
−Removed: We operate another cross-dock distribution center for Business-to-Business ("B2B") transactions, which occupies a total of 100,000 square feet.
+Added: The initial primary term of the Company’s operating leases for properties ranges from 2 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 finance leases for properties is 20 years.
+Added: We transitioned to a new home office in Marlborough, Massachusetts in fiscal year 2022.
+Added: The home office, which is referred to as our "Club Support Center" occupies a total of 188,000 square feet.
+Added: The lease expires on August 31, 2042.
+Added: We terminated the lease on our prior home office in Westborough, Massachusetts in January of fiscal year 2022.
+Added: We incurred costs in connection with the termination of the lease, including a termination charge of $7.5 million.
+Added: We operate three cross-dock distribution centers for non-perishable items and also have four perishable item distribution centers which were acquired from Burris Logistics in the second quarter of fiscal year 2022.
+Added: Our cross-dock distribution centers for non-perishable items are leased under lease agreements expiring between 2031 and 2033, and range between 480,000 and 630,000 square feet in size.
+Added: One of the perishable distribution centers is leased under an lease agreement expiring October 31, 2028 and the remaining three facilities are owned.
+Added: The perishable distribution centers range between 114,000 and 290,000 square feet in size.
+Added: We operate another cross-dock distribution center primarily for Business-to-Business transactions, which occupies a total of 100,000 square feet.
Our lease agreement for this center expires in 2029.
1 unchanged sentence
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.