Cabela's 2012 Annual Report Download - page 36

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26
All of our retail stores are owned except as noted in the following table, which shows our stores located in
the United States and Canada, and the approximate retail total square footage of each retail store by type of format
used in our Retail segment:
Number of Stores and Total Square Footage by Store Format (1)
Legacy Next-Generation Outpost
Location
Tota l
No. of
Stores No.
Sq.
Footage No.
Sq.
Footage No.
Sq.
Footage
Total Sq.
Footage
United States (24 states) (2) 37 27 4,155,000 9 783,000 1 40,000 4,978,000
Canada (3 provinces) (3) 3 1 44,000 2 120,000 - - 164,000
Totals 40 28 4,199,000 11 903,000 1 40,000 5,142,000
(1) Legacy stores refer to our older stores opened in May 2008 or earlier or our large-format traditional retail
stores that typically are 150,000 square feet or larger. Our next-generation store format ranges in size
from approximately 70,000 to 100,000 square feet. The exterior of our next-generation stores reflects our
traditional store model. Our Outpost store format is approximately 40,000 square feet and has a “core-flex”
merchandise strategy (selected core assortment of products and flexible seasonal merchandise).
(2) Leased stores are located in Boise, Idaho; Grand Junction, Colorado; Hazelwood, Missouri; Scarborough,
Maine; Springfield, Oregon; and Tulalip, Washington; and we have ground leases for our stores in East
Hartford, Connecticut, and Union Gap, Washington.
(3) Leased stores are located in Edmonton, Alberta, Winnipeg, Manitoba, and Saskatoon, Saskatchewan.
Also, in connection with some of the economic development packages received from state or local
governments where our stores are located, we have entered into agreements granting ownership of the taxidermy,
diorama, or other portions of our stores to these state and local governments. At December 29, 2012, the total net
book value of our property and equipment was $1.0 billion and we believe that our properties and equipment were
suitable for their intended use.
ITEM 3. LEGAL PROCEEDINGS
We are party to various legal proceedings arising in the ordinary course of business. These actions include
commercial, intellectual property, employment (including the Commissioner’s charge referenced in “Risk Factors
- Legal proceedings may increase our costs and have a material adverse effect on our results of operations”),
regulatory, and product liability claims. Some of these actions involve complex factual and legal issues and are
subject to uncertainties. The activities of WFB are subject to complex federal and state laws and regulations.
WFB’s regulators are authorized to impose penalties for violations of these laws and regulations and, in some
cases, to order WFB to pay restitution. We cannot predict with assurance the outcome of the actions brought
against us. Accordingly, adverse developments, settlements, or resolutions may occur and have a material effect
on our results of operations for the period in which such development, settlement, or resolution occurs. However,
we do not believe that the outcome of any current legal proceeding would have a material effect on our results of
operations, cash flows, or financial position taken as a whole.
ITEM 4. MINE SAFETY DISCLOSURES
Not applicable.