Item 2. Properties
Item 2. Properties
We lease property at several locations for our headquarters and distribution facilities, including:
Location Size Expiration date
Flower Mound, Texas (corporate headquarters) 52,992 sq. feet May 2028
St. Leonards, Australia (Australian headquarters) 850 sq. meters (1)
December 2022
Shibuya-ku, Tokyo, Japan (Japanese headquarters) 150 Tsubo (2)
September 2022
Gangnam-gu, Seoul, Korea (Republic of Korea headquarters) 298 Pyong (3)
June 2023
Gangnam-gu Seoul, Korea (Seoul training center) 519 Pyong (4)
June 2023
Seo-gu, Daejun, Korea (Regional center) 113 Pyong (5)
June 2021
Haewoondae-gu, Busan, Korea (Pusan training center) 191 Pyong (6)
March 2022
Incheon, South Korea (Incheon training center) 218 Pyong (7)
April 2021
Daegu, South Korea (Training Center) 100 Pyong (8)
June 2022
Taipei, Taiwan (Taiwan headquarters) 86.28 Ping (9)
March 2022
Tsuen Wan, New Territories, Hong Kong (office) 5306 sq. feet June 2022
Hengqin, Zhuhai, China (office) 930 sq. feet September 2021
Tianhe, Guangzhou, China (office) 110 sq. feet July 2021
Richmond, BC (Canada training center) 1,963 sq. feet September 2022
Markham, ON (office) 1,737 sq. feet September 2024
Bedfordview, South Africa (office) 383 sq. meters (10)
(16)
Guadalajara, Mexico (customer service center) 389 sq. meters (11)
(17)
Mexico City, 1st flr Mexico (customer service center) 123 sq. meters (12)
August 2021
Mexico City, 3rd flr Mexico 123 sq. meters (13)
June 2021
Monterrey, Mexico (office) 149.16 sq. meters (14)
June 2021
Colima, Mexico (office) 68 sq. meters (15)
December 2021
(1) Approximately 9,150 square feet & subleases 2,153 sq. ft. to Morrison Design Partnership.
(2) Approximately 5,338 square feet.
(3) Approximately 10,604 square feet.
(4) Approximately 18,467 square feet.
(5) Approximately 4,021 square feet.
(6) Approximately 6,796 square feet.
(7) Approximately 7,757 square feet.
(8) Approximately 3,555 square feet.
(9) Approximately 3,069 square feet.
(10) Approximately 4,122 square feet.
(11) Approximately 4,187 square feet.
(12) Approximately 1,324 square feet.
(13) Approximately 1,324 square feet.
(14) Approximately 1,606 square feet.
(15) Approximately 732 square feet.
(16) Renewable monthly.
(17) Renewable monthly.
To maximize our operating strategy and minimize costs, we contract with third-party distribution and fulfillment facilities in our three regions: (i) the Americas, (ii) EMEA and (iii) Asia/Pacific. By entering into these third-party distribution facility agreements, our offices maintain flexible operating capacity, minimize shipping costs, and are able to process an order within 24-hours after order placement and receipt of payment.
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Item 3. Legal Proceedings
See Note 12 to our Consolidated Financial Statement, Litigation , which is incorporated herein by reference.
Item 4. Mine Safety Disclosures
Not Applicable.
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PART II
Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.