What changed in this filing

/stocks — the workspaceLOADING

Item 2. Properties

2024-02-28 compared with 2023-03-14 · 27 added, 33 removed, 3 unchanged (95% of the section changed)

principal executive offices are located in New York City, where we occupy approximately 6,000 square feet under a lease that expires

We use this facility for administration, sales and marketing, and general corporate activities.

In addition to our headquarters,

to support our local operations, as of December 31, 2022, we owned or leased 30 office locations elsewhere in the United States (seven

in New York, six in Wisconsin, four in New Jersey, three in Texas, two each in California, Colorado and Delaware, one each in Alabama,

New Mexico, Pennsylvania and Tennessee.

These local facilities are used principally for ambulance basing, garaging and maintenance, as

well as for administrative activities and general oversight.

Outside of the United States, we currently lease seven facilities in

These facilities are used for administrative functions and ambulance basing.

Our leases for our local facilities expire at various

dates through 2029.

We believe our existing facilities are adequate to meet our current requirements, and we anticipate that suitable

space will be readily available if needed.

Our principal executive offices are located in New York City, where we occupy approximately 27,000 square feet under a lease that expires in 2026.

We use this facility for administration, sales and marketing and general corporate activities for our Corporate segment.

In addition to our headquarters, to support our local operations, as of December 31, 2023, we owned or leased 45 office locations elsewhere in the United States (twelve in New York;

seven in Wisconsin;

six in New Jersey;

three in each of Delaware, Michigan and Pennsylvania;

two in each of Colorado and Texas;

and one in each of Alabama, Arizona, California, Connecticut, New Mexico, South Carolina and Tennessee).

These local facilities are used principally for ambulance basing, garaging and maintenance, as well as for administrative activities and general oversight for our Mobile Health Services and Transportation Services segments.

Outside of the United States, we currently lease fourteen facilities in England.

These facilities are used for administrative functions and ambulance basing for our Transportation Services segment.

Our leases for our U.S.

facilities expire at various dates through 2029, and our leases for our U.K.

facilities expire at various dates through 2032.

We believe our existing facilities are adequate to meet our current requirements, and we anticipate that suitable space will be readily available if needed.

We intend to procure additional, similar facilities as we expand geographically.

Vehicle Fleet

of December 31, 2022, we operated 643 vehicles in the United States, including 384 ambulances, 88 wheelchair vans and 171 basic transportation

or support vehicles.

As of December 31, 2023, we operated 580 vehicles in the United States, including 350 ambulances, 54 wheelchair vans and 176 basic transportation or support vehicles.

Approximately 44% of our fleet is leased and 56% is owned.

We replace ambulances based upon age and usage, generally

every eight to ten years.

The average age of our existing active ambulance fleet is approximately four years.

We generally prefer

to lease vehicles, but we have purchased vehicles in the past when deemed appropriate.

Most of our owned vehicles were acquired in connection

with business acquisitions.

of December 31, 2022, we operated another 395 vehicles in the United Kingdom, including 18 First Response Ambulances, 11 Mental Health

Transport vehicles, 52 High Dependency Units, 288 Patient Transport vehicles and 26 support vehicles.

Approximately 67% of our fleet is

owned and 33% is leased.

use a combination of commercial and in-house maintenance services to maintain our fleet.

In those geographies where quality external commercial

maintenance services are able to meet our quality standards, we will utilize those commercial maintenance services.

We continue to explore

ways to decrease our overall maintenance expenditures for vehicles, including major refurbishing and overhaul of our vehicles to extend

their useful life.

We replace ambulances based upon age and usage, generally every five to eight years.

The average age of our

existing active ambulance fleet is approximately four years.

We generally prefer to lease vehicles, but we have purchased vehicles in the past when deemed appropriate.

Most of our owned vehicles were acquired in connection with business acquisitions.

As of December 31, 2023, we operated another 294 vehicles in the United Kingdom, including 22 first response ambulances, 11 mental health transport vehicles, 27 high dependency units, 200 patient transport vehicles and 34 support vehicles.

Approximately 75% of our U.K.

fleet is owned and 25% is leased.

We use a combination of commercial and in-house maintenance services to maintain our fleet.

In those geographies where quality external commercial maintenance services are able to meet our quality standards, we will utilize those commercial maintenance services.

We continue to explore ways to decrease our overall maintenance expenditures for vehicles, including major refurbishing and overhaul of our vehicles to extend their useful life.

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.

What changed 10-K

Item 2. Properties