9 unchanged sentences
Lakeville, Minnesota (RV and Outdoor Retail administrative and information systems functions)
−Removed: Greenville, North Carolina (RV and Outdoor Retail administrative and information systems functions)
Paul, Minnesota (RV and Outdoor Retail administrative and information systems functions)
Chicago, Illinois (Administrative and information systems functions)
+Added: Elkhart, Indiana (RV furniture distributor corporate headquarters)
Retail Distribution Centers:
2 unchanged sentences
Lebanon, Indiana
−Removed: Greenville, North Carolina #1 (3)
−Removed: Greenville, North Carolina #2 (3)
−Removed: Paul, Minnesota
+Added: Paul, Minnesota (Owasso) (3)
+Added: Paul, Minnesota (Willow Lake) (3)
+Added: Paul, Minnesota (Shoreview) (3)
+Added: Elkhart, Indiana (Leininger) (4)
+Added: Elkhart, Indiana (Protecta) (4)
+Added: Elkhart, Indiana (Chelsea) (4)
(1) Assumes exercise of applicable lease renewal options.
−Removed: (2) Distribution of product ceased in December 2019.
−Removed: (3) Identified for closure during first half of 2020.
−Removed: As of December 31, 2019, we also lease 161 of our 175 RV and Outdoor Retail locations in 37 states.
+Added: (2) Closed for a portion of the first half of 2020 and repurposed for online order fulfillment.
+Added: (3) These separate properties in St.
+Added: Paul, Minnesota function together as the distribution center for the specialty retail products within the RV and Outdoor Retail segment.
+Added: (4) These separate properties in Elkhart, Indiana function together as the distribution center for the RV furniture products within the RV and Outdoor Retail segment.
+Added: As of December 31, 2020, we had 171 retail locations in 38 states of which we lease 154 locations.
These locations generally range in size from approximately 20,000 to 80,000 square feet and are typically situated on approximately 8 to 50 acres.
−Removed: The leases for our retail locations typically have terms of 15 to 20 years, with multiple renewal terms of five years each.
+Added: The leases for our retail locations typically have terms of 15 to 20 years,
+Added: with multiple renewal terms of five years each.
These leases are typically “triple net leases” that require us to pay real estate taxes, insurance and maintenance costs.
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.