Oracle 2014 Annual Report Download - page 37

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Table of Contents
Our stock price could become more volatile and your investment could lose value.
All of the factors discussed in this section could affect our
stock price. The timing of announcements in the public market regarding new products, product enhancements or technological advances by our
competitors or us and any announcements by us of acquisitions, major transactions, or management changes could also affect our stock price.
Changes in the amounts and frequency of share repurchases or dividends could adversely affect our stock price. Our stock price is subject to
speculation in the press and the analyst community, changes in recommendations or earnings estimates by financial analysts, changes in
investors’ or analysts’ valuation measures for our stock, our credit ratings and market trends unrelated to our performance. A significant drop in
our stock price could also expose us to the risk of securities class actions lawsuits, which could result in substantial costs and divert
management’s attention and resources, which could adversely affect our business.
Item 1B. Unresolved Staff Comments
None.
Item 2. Properties
Our properties consist of owned and leased office facilities for sales, support, research and development, consulting, manufacturing and
administrative personnel. Our headquarters facility consists of approximately 2.0 million square feet in Redwood City, California, substantially
all of which we own. We lease our principal internal manufacturing facility for our hardware systems products in Hillsboro, Oregon. We also
own or lease other office facilities for current use consisting of approximately 25.6 million square feet in various other locations in the United
States and abroad. We believe our facilities are in good condition and suitable for the conduct of our business. Approximately 2.5 million square
feet, or 9%, of total owned and leased space is sublet or is being actively marketed for sublease or disposition.
Item 3. Legal Proceedings
The material set forth in Note 18 of Notes to Consolidated Financial Statements in Item 15 of this Annual Report on Form 10-K is incorporated
herein by reference.
Item 4. Mine Safety Disclosures
None.
33