Item 2 - Properties
−Removed: As of June 30, 2023, we had twelve manufacturing facilities with two located in Indiana, two in China, two in Mexico, and one located in each of California, Florida, Poland, Romania, Thailand, and Vietnam.
+Added: We have nine manufacturing facilities with two located in Indiana, one in China, two in Mexico, and one located in each of Florida, Poland, Romania, and Thailand.
These facilities occupy approximately 1,649,000 square feet in aggregate, substantially all of which are owned.
−Removed: We lease facilities in India and Japan that accommodate our software design and other support services.
In addition, we own a 42,000 square-foot building to house our headquarters located in Jasper, Indiana.
4 unchanged sentences
Significant loss of income resulting from a facility catastrophe would be partially offset by business interruption insurance coverage.
−Removed: We hold land leases for our facilities in China, Thailand, and Vietnam with these leases expiring from fiscal year 2030 to 2057.
+Added: We hold a land lease for our facility in China that expires in fiscal year 2056 and one for our facility in Thailand that expires in fiscal year 2030.
See Note 1 - Business Description and Summary of Significant Accounting Policies of Notes to Consolidated Financial Statements for additional information concerning leases.
1 unchanged sentence
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.