Baskin Robbins 2011 Annual Report Download - page 46

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We have 13 leased franchised restaurant properties and 4 surplus leased properties in Canada. We also have
leased office space in Australia, China, Spain and the United Kingdom.
The following table sets forth the Company’s owned and leased office, warehouse, manufacturing and
distribution facilities, including the approximate square footage of each facility. None of these owned properties,
or the Company’s leasehold interest in leased property, is encumbered by a mortgage.
Location Type Owned/Leased Approximate Sq. Ft.
Peterborough, Ontario, Canada (ice cream facility) ...... Manufacturing Owned 52,000
Canton, MA .................................... Office Leased 175,000
Braintree, MA (training facility) .................... Office Owned 15,000
Burbank, CA (training facility) ..................... Office Leased 19,000
Shanghai, China (regional office space) ............... Office Leased 1,700
Various (regional sales offices) ..................... Office Leased Range of 150 to 300
Item 3. Legal Proceedings.
We are engaged in several matters of litigation arising in the ordinary course of our business as a franchisor.
Such matters include disputes related to compliance with the terms of franchise and development agreements,
including claims or threats of claims of breach of contract, negligence, and other alleged violations by us. At
December 31, 2011, contingent liabilities totaling $4.7 million were included in other current liabilities in the
consolidated balance sheet to reflect our estimate of the potential loss which may be incurred in connection with
these matters.
While we intend to vigorously defend our positions against all claims in these lawsuits and disputes, it is
reasonably possible that the losses in connection with these matters could increase by up to an additional
$6.0 million based on the outcome of ongoing litigation or negotiations.
Item 4. Mine Safety Disclosures
Not applicable.
PART II
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of
Equity Securities.
Our common stock has been listed on the NASDAQ Global Select Market under the symbol “DNKN” since
July 27, 2011. Prior to that time, there was no public market for our common stock. The following table sets forth
for the periods indicated the high and low sale prices of our common stock on the NASDAQ Global Select
Market.
Fiscal Quarter High Low
2011
Third Quarter (13 weeks ended September 24, 2011)(1) ..... $31.94 $24.97
Fourth Quarter (14 weeks ended December 31, 2011) ....... $29.93 $23.24
(1) Represents period from July 27, 2011, the date of our initial public offering, through the end of the quarter
On February 17, 2012, we had 203 holders of record of our common stock.
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