We own the Store Support Center (built in 1990) and all three distribution centers.
−Removed: Located on an approximately 57-acre site in Ankeny, Iowa, the Store Support Center includes office space, our first distribution center, and our vehicle service maintenance center.
+Added: Located on an approximately 57-acre site in Ankeny, Iowa, the Store Support Center includes office space, our first distribution center, and our fleet services maintenance center.
The Store Support Center provides approximately 490,000 square feet of available space, including approximately 290,000 square feet related to the distribution center.
2 unchanged sentences
This second distribution center has approximately 340,000 square feet of total space.
−Removed: In April 2021, we opened a third distribution center located in Joplin, Missouri.
−Removed: The new distribution center provides approximately 300,000 square feet of total space.
−Removed: On April 30, 2021, we also owned the land at 2,216 store locations and the buildings at 2,225 locations and leased the land at 27 locations and the buildings at 18 locations.
+Added: In April 2021, we opened a third distribution center located in Joplin, Missouri (see Note 7 for discussion of ownership structure).
+Added: The third distribution center provides approximately 300,000 square feet of total space.
+Added: On April 30, 2022, we leased a combination of land and/or building at 114 locations.
Most of the leases provide for the payment of a fixed rent plus property taxes, insurance, and maintenance costs.
Generally, the leases are for terms of ten to twenty years with options to renew for additional periods or options to purchase the leased premises at the end of the lease period.
+Added: The Company owns the land and building at all of our other store locations.
Additionally, the Company regularly has land held for development, land under construction for new stores, and land held for sale as a result of store closures.
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.