10 unchanged sentences
Chicago, Illinois (Administrative and information systems functions)
−Removed: Elkhart, Indiana (RV furniture distributor corporate headquarters)
Retail Distribution Centers:
−Removed: Lebanon, Indiana
−Removed: Elkhart, Indiana (County Road) (3)
−Removed: Elkhart, Indiana (Chelsea) (3)
+Added: Lebec, CA (RV and Outdoor Retail)
+Added: Lebanon, Indiana (RV and Outdoor Retail)
(1) Assumes exercise of applicable lease renewal options.
−Removed: (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.
−Removed: The new location, purchased in October 2022, consists of 42,845 square feet and is located on 3.45 acres.
−Removed: (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.
+Added: (2) The Company will relocate this office in March 2025 to a new lease in Oxnard, California of approximately 5,000 square feet and a lease expiration (1) of 2028.
As of December 31, 2024, we had 206 store locations in 43 states of which we lease 165 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 store 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 10 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.