Callaway 2015 Annual Report Download - page 34

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18
corporate offices, research and development, manufacturing, warehousing and distribution for small scale operations related
to pro-tour, as well as the Company’s performance center.
In February 2013, the Company sold its golf ball manufacturing plant in Chicopee, Massachusetts and leased back
approximately 232,000 square feet, which the Company believes is adequate for its ongoing golf ball manufacturing operations
at such facility. The lease term for this facility expires in February 2018.
The Company also leases a golf club manufacturing facility in Monterrey, Mexico comprised of approximately 180,000
square feet. The lease term for this facility expires in February 2018.
In addition, the Company leases a distribution center in Roanoke, Texas comprised of approximately 202,000 square
feet. The lease term for this facility expires in September 2020.
The Company owns and leases additional properties domestically and internationally, including properties in the United
States, Australia, Canada, Japan, Korea, the United Kingdom, China, and India. The Company’s operations at each of these
properties includes to some extent activities related to both the golf club and golf ball businesses. The Company believes that
its facilities currently are adequate to meet its requirements.
Item 3. Legal Proceedings
The information set forth in Note 10 “Commitments & Contingencies,” in the Notes to Consolidated Financial
Statements included in this Annual Report on Form 10-K is incorporated herein by this reference.
Item 4. Mine Safety Disclosures
Not applicable.