Properties and Facilities
−Removed: As of December 31, 2019, we occupied facilities in approximately 50 countries, substantially all of which were leased.
−Removed: Our office in Denver, Colorado serves as our corporate headquarters and our office in Dublin, Ireland serves as our international headquarters.
+Added: As of December 31, 2020, we occupied facilities in nearly 50 countries.
+Added: Substantially all these facilities were leased.
+Added: Our office in Denver, Colorado serves as our corporate headquarters.
+Added: Our offices in Dublin, Ireland and in Barbados (which we began expanding in 2020) represent key operational and leadership locations.
We also operate shared service centers in Lithuania, Costa Rica, India, and the Philippines.
−Removed: Our facilities are primarily used for operational, sales, and administrative purposes in support of our Consumer-to-Consumer and Business Solutions segments, and other services, and are predominantly being utilized as intended.
+Added: Our facilities are primarily used for operational, sales, and administrative purposes in support of our Consumer-to-Consumer and Business Solutions segments, and other services.
+Added: The spread of COVID-19 has caused us to modify our business practices (including employee travel, employee work locations, and cancellation of physical participation in meetings, events and conferences), and we may take further actions as may be recommended or required by government authorities or that we determine are in the best interests of our employees, customers, clients, and business partners.
We believe that our facilities are suitable and adequate for our current business;
however, we periodically review our facility requirements, and may consolidate and dispose of, or sublet facilities, which are no longer required, or acquire new facilities and update existing facilities to meet the needs of our business.
−Removed: In January 2020, we sold our former corporate headquarters in Englewood, Colorado.
Legal Proceedings
3 unchanged sentences
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.