9 unchanged sentences
Lakeville, Minnesota (RV and Outdoor Retail administrative and information systems functions)
−Removed: Paul, Minnesota (RV and Outdoor Retail administrative and information systems functions)
Chicago, Illinois (Administrative and information systems functions)
1 unchanged sentence
Retail Distribution Centers:
−Removed: Bakersfield, California
−Removed: Franklin, Kentucky (3)
Lebanon, Indiana
−Removed: Paul, Minnesota (Owasso) (4)
Elkhart, Indiana (County Road) (3)
−Removed: Elkhart, Indiana (Protecta) (5)
Elkhart, Indiana (Chelsea) (3)
(1) Assumes exercise of applicable lease renewal options.
−Removed: (2) The Company intends to transition the existing corporate headquarters and RV and Outdoor Retail headquarters before the current lease expires in 2024 to a new Lincolnshire, IL office building.
+Added: (2) The Company transitioned the corporate headquarters and RV and Outdoor Retail headquarters during the first quarter of 2024 to a new Lincolnshire, IL office building.
The new location, purchased in October 2022, consists of 42,845 square feet and is located on 3.45 acres.
−Removed: (3) The Company closed this distribution center in January 2023.
−Removed: The Company expects to subsequently sell or lease the property.
−Removed: (4) This property in St.
−Removed: Paul, Minnesota functions as the distribution center for the specialty retail products within the RV and Outdoor Retail segment.
(3) These separate properties in Elkhart, Indiana function together as the distribution center for the RV furniture products within the RV and Outdoor Retail segment.
−Removed: As of December 31, 2022, we had 197 retail locations in 42 states of which we lease 159 locations.
+Added: As of December 31, 2023, we had 202 store locations in 43 states of which we lease 159 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 store locations typically have terms of 15 to 20 years, 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.