−Removed: As of the date of this report, we owned and/or operated eighteen distribution centers and cross-docks with a total of approximately 1.3 million square feet of warehouse space including approximately 400 thousand square feet of refrigerated storage utilizing a mix of leased (31%) and owned (69%) facilities for distribution, warehousing inventory, service and administrative functions.
−Removed: The table below lists the aggregate square footage, by state for these operating facilities as of December 31, 2023.
+Added: We operate sixteen distribution centers with a total of approximately 1.3 million square feet of warehouse space, including approximately 400,000 square feet of cold storage, for distribution, warehousing inventory, service and administrative functions.
+Added: We own approximately 907,000 square feet of our distribution centers (or 71% of the total square feet), and the remainder (or 29% of the total square feet) is occupied under leasing arrangements.
+Added: The following table sets forth the approximate aggregate square footage by state for these distribution facilities as of December 31, 2024.
Location Number of Facilities Total Square Feet
10 unchanged sentences
Virginia 1 44,000
−Removed: Totals 18 1,283,700
+Added: Total 16 1,285,000
+Added: We also operate three cross-docks which are located in Nevada, Ohio and Oregon.
+Added: Additionally, we own a 118,000 square foot distribution facility in North Carolina which we are preparing for operations to commence in 2025.
We lease our corporate headquarters located in Las Vegas, Nevada, consisting of approximately 5,000 square feet with a term of 6.5 years that began on March 17, 2021.
We also lease office space for a corporate location in Los Angeles, California.
+Added: The Company entered into a lease on September 30, 2024 for a new Atlanta, Georgia based distribution center which commenced on February 1, 2025 for a term of 10 years and five months, exclusive of renewal options.
We believe that, in the aggregate, our real estate is suitable and adequate to serve the needs of our business.
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.