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What changed 10-K

Item 2. Properties

2024-02-29 compared with 2023-03-09 · 7 added, 6 removed, 28 unchanged (32% of the section changed)

1 unchanged sentence

We believe that our existing facilities are adequate for our needs at this time.

Square Footage Owned or Leased

Location Square Footage Owned or Leased

Distribution Centers:

11 unchanged sentences

126,000 Leased 1

Langley, BC, Canada 157,000 Leased

Surrey, BC, Canada 136,000 Leased

Cambridge, ON, Canada 53,000 Leased

Zaragoza, Spain 20,000 Owned

Manufacturing Facilities:

4 unchanged sentences

Eugene, OR, U.S.

242,000 Owned 2

242,000 Leased 2

Goshen, NY, U.S.

21,000 Owned 3

Sycamore, IL, U.S.

1 unchanged sentence

Edmonton, AB, Canada 26,000 Leased

Langley, BC, Canada 79,000 Leased

1 We have one or more operating subleases or third-party logistics agreements at this location.

2 In January 2023, we entered into a sale-leaseback transaction.

Refer to Part II, Item 8, Financial Statements, Note 16 - Subsequent Events for additional information about the sale and leaseback transaction at the Eugene, OR location.

3 In addition, we operate a distribution center in Zaragoza, Spain.

Refer to Part II, Item 8, Financial Statements, Note 6 - Leases for additional information about the sale and leaseback transaction at the Eugene, OR location.

3 In addition to the 21,000 square foot building that we own and occupy, we own approximately 100 acres of excess land suitable for future industrial/commercial development located adjacent to our building.

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.